Greater Bossier Economic Development Foundation

Organization Overview

Greater Bossier Economic Development Foundation is located in Bossier City, LA. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Bossier Economic Development Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Greater Bossier Economic Development Foundation generated $561.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $473.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Greater Bossier Economic Development Foundation has awarded 15 individual grants totaling $339,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS THE LEADERSHIP ORGANIZATION FOR ECONOMIC DEVELOPMENT IN BOSSIER CITY AND BOSSIER PARISH. BEYOND OUR PARTNERSHIP WITH LOCAL GOVERNMENTS WE ALSO SUPPORT REGIONAL EFFORTS SPONSORED BY SUCH ORGANIZATIONS AS THE CADDO/BOSSIER PORT, BIO-MEDICAL RESEARCH FOUNDATION AND THE WORKFORCE DEVELOPMENT PROGRAMS AT BPCC. THE MISSION OF THE GBEDF IS TO POSITION BOSSIER TO BE COMPETITIVE IN SECURING NEW JOBS AND INVESTMENT. WE SEEK TO PLACE EMPHASIS ON INFRASTRUCTURE DEVELOPMENT, ASSISTANCE TO BOSSIER'S RURAL COMMUNITIES, WORK FORCE DEVELOPMENT AND REGIONAL QUALITY OF LIFE ISSUES.THE GBEDF ALSO ADMINISTERS PROGRAMS WHICH ASSIST WITH SMALL BUSINESS DEVELOPMENT, FINANCIAL ASSISTANCE AND LEGISLATIVE ISSUES MANAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT PROVIDED TO BARKSDALE FORWARD. BARKSDALE FORWARD WORKS FOR THE DEVELOPMENT AND PROMOTION OF BARKSDALE AIR FORCE BASE BY EDUCATING THE PUBLIC ABOUT THE SOCIAL, CULTURAL, AND ECONOMIC BENEFITS OF BARKSDALE AIR FORCE BASE.


OTHER PROGRAM SERVICES INCLUDE SUPPORT FOR: BOSSIER CHAMBER, SHREVEPORT-BOSSIER FILM OFFICE, BOSSIER ARTS COUNCIL, FILM PRIZE FOUNDATION, BPCC FOUNDATION, AND VARIOUS OTHER PROJECTS TO SUPPORT THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
David R Rockett Jr
Executive Director
$150,000
Ross Barrett
Treasurer
$0
Lance Mosley
Chairman
$0
Carlton Golden
Vice Chairman
$0
Jim Johnson
Board Appointee
$0
Tim Wilhite
Immediate Past Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$51,175
Fundraising events$0
Related organizations$0
Government grants $505,457
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$556,632
Total Program Service Revenue$0
Investment income $2,810
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $561,457

Grants Awarded

Over the last fiscal year, Greater Bossier Economic Development Foundation has awarded $67,100 in support to 3 organizations.

Grant RecipientAmount

BARKSDALE FORWARD

Org PageRecipient Profile

Shreveport, LA

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION.

$35,000

INDEPENDENCE BOWL FOUNDATION

Org PageRecipient Profile

Shreveport, LA

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION.

$20,000

SHREVEPORT-BOSSIER WASHINGTON MARDI GRAS

Org PageRecipient Profile

Shreveport, LA

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION.

$12,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Bossier Economic Development Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
The Alta And John Franks Foundation

Shreveport, LA

PURPOSE: CHARITABLE SUPPORT

$5,000
View Grant Recipient Profile

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