La 1 Coalition Inc
- Assets
- $2.3m
- Revenue
- $651.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Thibodaux, LA
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 72-1348687
Organization Overview
La 1 Coalition Inc is located in Thibodaux, LA. The organization was established in 1997. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA 1 Coalition Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, LA 1 Coalition Inc generated $651.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GAIN NATIONAL RECOGNITION FOR FUNDING LA HWY 1 ROAD IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION WAS FORMED TO WORK TOWARD INFRASTRUCTURE IMPROVEMENTS WITHIN THE COMMUNITY. THE MAJORITY OF THE COALITION'S ACTIVITIES INVOLVE TRYING TO OBTAIN NATIONAL RECOGNITION OF LA HWY 1 TO DEVELOP A FOUR LANE HIGHWAY FROM US HWY 90 TO PORT FOURCHON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Brady Board Member | Trustee | 0.5 | $0 |
Larry Griffin Board Member | Trustee | 0.5 | $0 |
Joseph Picciola III Board Member | Trustee | 0.5 | $0 |
Kevin Bruce Board Member | Trustee | 0.5 | $0 |
Larry Picciola Board Member | Trustee | 0.5 | $0 |
Chett Chiasson President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $75,150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $570,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,966 |
| Total Program Service Revenue | $0 |
| Investment income | $4,383 |
| 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 | $651,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,626 |
| Fees for services: Management | $65,926 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,100 |
| Fees for services: Lobbying | $6,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,824 |
| Advertising and promotion | $9,146 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,885 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72 |
| Insurance | $4,738 |
| All other expenses | $767 |
| Total functional expenses | $2,596,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,762,006 |
| Savings and temporary cash investments | $500,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,531 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $48 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,263,585 |
| Accounts payable and accrued expenses | $762,812 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $762,812 |
| Net assets without donor restrictions | $358,912 |
| Net assets with donor restrictions | $1,141,861 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,263,585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metroplan Little Rock, AR | $6,368,063 | $3,395,340 |
Texoma Area Paratransit System Inc Sherman, TX | $3,658,896 | $3,150,784 |
Has Development Corporation Houston, TX | $23,489,645 | $6,600,717 |
La 1 Coalition Inc Thibodaux, LA | $2,263,585 | $651,139 |
Mckinney Avenue Transit Authority Inc Dallas, TX | $1,666,425 | $2,237,823 |
Arkansas Transit Association Inc North Little Rock, AR | $4,716,552 | $1,018,904 |
Link Houston Houston, TX | $2,768,706 | $322,329 |
Southwest Transit Association Baton Rouge, LA | $189,783 | $718,237 |
Transportation Advocacy Group-Houston Region Houston, TX | $258,924 | $461,173 |
Texas Electric Transportation Resources Alliance Education Fund Austin, TX | $229,797 | $301,058 |
Tta-Texas Transit Association Inc Austin, TX | $463,137 | $368,121 |
Transit Forward Austin, TX | $6,724 | $210,750 |
Sportyler Tyler, TX | $137,313 | $0 |
Roadway Properties Inc Dallas, TX | $380,964 | $0 |
Memphis Roadway Express Line Drivers Fund Olive Branch, MS | $0 | $0 |
Texas High Speed Rail And Transportation Corporation Dallas, TX | $0 | $0 |