Upper Lafayette Economicdevelopment Foundation
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5006336
Organization Overview
Upper Lafayette Economicdevelopment Foundation is located in Lafayette, LA. The organization was established in 2006. 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. Upper Lafayette Economicdevelopment 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 12/2022, Upper Lafayette Economicdevelopment Foundation generated $25.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $72.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Krampe Director | 5 | $0 | |
Todd Citron President | 10 | $0 | |
Karen Rue Director | 20 | $0 | |
Jonathan Williams Executive Dir. | 40 | $0 | |
Herbert Schilling Director | 3 | $0 | |
Donna Landry Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $64,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,200 |
| Other expenses | $6,611 |
| Total expenses | $71,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,733 |
| Other assets | $0 |
| Total assets | $1,733 |
| Total liabilities | $150,900 |
| Net assets or fund balances | -$149,167 |