THE LOUISIANA ASSOCIATION OF SELF INSURED EMPLOYERS

EIN: 721185746

BATON ROUGE, LA

Total Revenue
$338,505
Total Expenses
$285,745
Total Assets
$48,934
Net Assets
$41,300
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
LA
Phone
2253380705
Tax Period
2023-01-01 to 2023-12-31

THE LOUISIANA ASSOCIATION OF SELF INSURED EMPLOYERS, founded in 1991, is a small nonprofit that reported $339K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

To unify for the promotion and protection of self insurance as a right and to serve as a resource for leadership in the industry.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $58,777
Program Service Revenue $279,728
Investment Income $0
Other Revenue $0
TOTAL REVENUE $338,505

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,883
Fundraising Expenses $0
Other Expenses $119,862
TOTAL EXPENSES $285,745

Year-over-Year Comparison

2023 2022 Change
Revenue $338,505 $296,095 +0.1%
Expenses $285,745 $378,961 -0.2%
Net Income $52,760 $-82,866 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$147,588
Total Directors
10
$0
Key Employees
1
$147,588
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY PATUREAU EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$123,846 $23,742 $147,588
DAVID NOLAND PRESIDENT 0.10
Director
$0 $0 $0
RUSSELL LABATUT BOARD MEMBER 0.10
Director
$0 $0 $0
DANA ORTEGO TREASURER 0.10
Director
$0 $0 $0
CANDY GERACE BOARD MEMBER 0.10
Director
$0 $0 $0
MARK TULLIS VICE PRESIDENT 0.10
Director
$0 $0 $0
GUY CORMIER BOARD MEMBER 0.10
Director
$0 $0 $0
ROSS BARKER BOARD MEMBER 0.10
Director
$0 $0 $0
JASON LANDRY BOARD MEMBER 0.10
Director
$0 $0 $0
JEANETTE RONKARTZ BOARD MEMBER 0.10
Director
$0 $0 $0
LOYD HUDSON BOARD MEMBER 0.10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $338,505 $285,745 $48,934 $52,760
2022 $296,095 $378,961 $482 $-82,866
2021 $384,643 $326,055 $90,935 $58,588
2020 $200,618 $262,156 $17,006 $-61,538
2019 $381,839 $454,867 $85,457 $-73,028
2019 $381,839 $454,867 $85,457 $-73,028
2018 $398,773 $447,449 $175,585 $-48,676
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