Public Charity

SOUTH LOUISIANA ECONOMIC COUNCIL

Based in THIBODAUX, LA, SOUTH LOUISIANA ECONOMIC COUNCIL operates as a Public Charity. The organization reported $1.2M in revenue, $1.2M in expenses, $611K in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $294K.

EIN: 581641910 THIBODAUX, LA Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.2M
Total Assets$611K
Grant Records7
Funding Total$294K
Filing Years2020–2024

Mission

ECONOMIC DEVELOPMENT

Where $100 goes at South Louisiana Economic Council

How South Louisiana Economic Council divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$83
Promotion of economic development by encouraging area industries to expand and entice industry from out-of-area to locate in south louisiana, technical training for existing and new businesses, and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN THE BAYOU/HOUMA/TERREBONNE/LAFOURCHE REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL
$111,695
2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$23,071
2023
EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN THE BAYOU/HOUMA/TERREBONNE/LAFOURCHE REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL
$71,491
2023
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$17,783
2019
PUBLIC/SOCIETY BENEFIT
$15,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Bart Folse
CHAIRMAN Chett Chiasson
PRESIDENT/CE Christy Naquin
BOARD MEMBER Kristine Strickland
VICE CHAIRMA Marguerite Erwin
SECRETARY/TR Marilyn Macik-Frey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$228,186 4 grants
Youth Development
$65,854 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.2M $611K
2023 $1.2M $1.1M $512K
2022 $877K $786K $487K
2021 $631K $584K $410K
2020 $477K $560K $428K

Between 2020 and 2024, reported annual revenue grew from $477K to $1.2M (+151%), with total assets most recently reported at $611K.

Interactive year-over-year charts and full filing details available with membership.

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