2023-11-14T10:34:03-06:00 2022-12-31 720636725 HANNIS T BOURGEOIS LLP 178 DEL ORLEANS SUITE C DENHAM SPRINGS LA 70726 990 2022-01-01 720966247 LIVINGSTON ECONOMIC DEVELOPMENT COUNCIL LIVI 2256863982 11640 BURGESS AVE WALKER LA 70785 DAVID BENNETT EXECUTIVE DIRECTOR 2256863982 2023-11-06 1 DAVID BENNETT 999009999 1 MICHELLE D GARBIRAS CPA P01687293 2256658297 2023-10-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID BENNETT 11640 BURGESS AVE WALKER LA 70785 847196 0 X WWW.LEDC.NET X 1982 LA TO PROVIDE QUALITY ECONOMIC DEVELOPMENT SERVICES TO ALL AREAS OF LIVINGSTON PARISH 21 0 3 0 0 0 503074 498453 0 0 2174 344805 3753 3938 509001 847196 0 0 0 0 226807 234738 0 0 0 101661 124947 328468 359685 180533 487511 2067270 2558132 2023 5374 2065247 2552758 TO PROVIDE QUALITY ECONOMIC DEVELOPMENT SERVICES TO ALL AREAS IN LIVINGSTON PARISH 0 0 289756 CONTINUED DEVELOPMENT OF LIVINGSTON PARISH INDUSTRIAL PARK AND PROMOTION OF LIVINGSTON PARISH 289756 0 1 0 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 3 1 0 0 0 0 0 0 0 0 X 21 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 X DAVID BENNETT 2256863982 11640 BURGESS AVE WALKER LA 70785 DAVID BENNETT EXECUTIVE DIRECTOR 40.00 X 161600 0 17058 REGINA SCOTT OUTGOING CHAIR 1.00 X 0 0 0 JOSH PREJEAN CHAIR 1.00 X 0 0 0 BUDDY WELLS VICE-CHAIR 1.00 X 0 0 0 KIM SANDERS CHAIR 1.00 X 0 0 0 JOHN HOLMES VICE CHAIR 1.00 X 0 0 0 JAY LABARRE SECRETARY 1.00 X 0 0 0 TREY SANDERS TREASURER 1.00 X 0 0 0 SYBIL COTTEN DIRECTOR 1.00 X 0 0 0 GREGORY GILMORE DIRECTOR 1.00 X 0 0 0 LAYTON RICKS DIRECTOR 1.00 X 0 0 0 161600 0 17058 1 0 1 0 0 33325 315816 149312 498453 2349 2349 3938 0 3938 3938 3938 342456 0 342456 342456 342456 847196 346394 0 2349 173600 173600 43976 34704 9272 5058 5058 1139 1139 10965 10965 9019 9019 19330 19330 37300 37300 12195 12195 18974 12925 6049 912 912 11164 11164 1667 1667 8719 8719 MISCELLANEOUS 2926 439 2487 DUES AND SUBSCRIPTIONS 2741 2741 359685 289756 69929 0 663780 626929 507563 1086299 5000 0 0 5038 60979 39318 23328 21661 867599 818205 2067270 2558132 2023 5374 2023 5374 X 2065247 2552758 2065247 2552758 2067270 2558132 487511 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 50000 28339 21661 10979 10979 0 21661 LAND - 10 ACRES YUBA 139223 LAND - 2008 CLEARING COSTS CAPITALIZED 19691 LAND - COSTS OF WETLAND ANALYSIS 52400 ADDT'L LAND BASIS 251343 LAND - 2017 IMPROVEMENTS TO MARTIN BROWER SITE 51840 LAND - WALKER 127.25 ACRES 303708 818205 X 847196 0 847196 0 847196 359685 0 359685 0 359685 PART X, LINE 2: LEDC IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE LEDC'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. LEDC HAS ADOPTED ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN ANY ENTITY'S FINANCIAL STATEMENTS. THE INTERPRETATION REQUIRES RECOGNITION AND MEASUREMENT OF UNCERTAIN INCOME TAX POSITIONS USING A "MORE-LIKELY-THAN-NOT" APPROACH. THE ADOPTION OF THIS INTERPRETATION HAD NO MATERIAL IMPACT ON LEDC'S FINANCIAL STATEMENTS AT DECEMBER 31, 2022. LEDC'S TAX RETURN FOR THE YEARS ENDED DECEMBER 31, 2021, DECEMBER 31, 2020, AND DECEMBER 31, 2019 REMAIN OPEN AND SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. X 0 0 0 DAVID BENNETT EXECUTIVE DIRECTOR 155000 0 0 0 6600 0 5058 0 12000 0 178658 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS ARE ELECTED FROM THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MANY DECISIONS ARE MADE BY THE EXECUTIVE COMMITTEE AND THEN BROUGHT TO THE BOARD FOR A VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES THE TAX RETURN BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE OVERSIGHT PROCESS.