GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC

EIN: 721270359 501(c)(3) Community Improvement

BATON ROUGE, LA

Total Revenue
$2,160,362
Total Expenses
$1,561,964
Total Assets
$11,986,645
Net Assets
$9,539,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
LA
Principal Officer
LORI MELANCON
Phone
2253817125
Tax Period
2024-01-01 to 2024-12-31

GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC, founded in 1994, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $598K, a strong 28% operating margin.

Mission

TO BENEFIT AND INCREASE THE QUALITY OF LIFE OF THE GENERAL PUBLIC IN AND AROUND THE BATON ROUGE AREA BY PROMOTING AND SUPPORTING ACTIVITIES AND FUNCTIONS THAT ATTRACT BUSINESS, EDUCATE THE PUBLIC, AND CREATE JOBS THAT OTHERWISE TEND TO INCREASE ECONOMIC GROWTH AND DEVELOPMENT IN THE REGION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,088,062
Program Service Revenue $70,175
Investment Income $2,125
Other Revenue $0
TOTAL REVENUE $2,160,362

Expense Breakdown

Grants Paid $39,893
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $711,456
Other Expenses $1,522,071
TOTAL EXPENSES $1,561,964

Year-over-Year Comparison

2024 2023 Change
Revenue $2,160,362 $1,552,072 +0.4%
Expenses $1,561,964 $596,153 +1.6%
Net Income $598,398 $955,919 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
47
Independent Members
46
Employees
N/A
Volunteers
60

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
14
$499,027
Total Directors
61
$409,087
Key Employees
1
$182,171
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINA DAVIS AT LARGE MEMBER 0.30
Director
$0 $0 $0
JEFF KOONCE AT LARGE MEMBER 0.50
Director
$0 $0 $0
BRANDON FOREMAN DIRECTOR 0.30
Director
$0 $0 $0
JEROLD LEBOLD DIRECTOR 0.30
Director
$0 $0 $0
JOE SCIORTINO DIRECTOR 0.30
Director
$0 $0 $0
JOEY COCO DIRECTOR 0.30
Director
$0 $0 $0
JOHN EVERETT ADVOCACY/LEGISLATIVE COUNCIL - CHAIR 0.50
Officer Director
$0 $0 $0
RENE RAGAS DIRECTOR 0.30
Director
$0 $0 $0
JOHNNY MILAZZO DIRECTOR 0.30
Director
$0 $0 $0
KEVIN FOSTER DIRECTOR 0.30
Director
$0 $0 $0
KEVIN HALL DIRECTOR 0.50
Director
$0 $0 $0
KLEIN KIRBY DIRECTOR 0.30
Director
$0 $0 $0
LEE CHASTANT DIRECTOR 0.30
Director
$0 $0 $0
MARK DRENNEN DIRECTOR 0.30
Director
$0 $0 $0
WILLIE SMITH ECONOMIC INCLUSION COUNCIL - CHAIR ELECT 0.30
Director
$0 $0 $0
GLYNNA MAYERS DIRECTOR 0.30
Director
$0 $0 $0
MICHELLE HARDY TALENT ACTION COLLABORATIVE COUNCIL - CHAIR ELECT 0.30
Officer Director
$0 $0 $0
MIKE NIZZO DIRECTOR 0.30
Director
$0 $0 $0
NICHOLAS J DAIGLE DIRECTOR 0.30
Director
$0 $0 $0
QUINTIN TAYLOR DIRECTOR 0.30
Director
$0 $0 $0
RAEDTHA VASQUEZ DIRECTOR 0.50
Officer Director
$0 $0 $0
RALPH BENDER ADVOCACY/LEGISLATIVE COUNCIL - CHAIR ELECT 0.30
Officer Director
$0 $0 $0
REX CABANISS DIRECTOR 0.50
Director
$0 $0 $0
ROBERT M STUART III INVESTOR DEVELOPMENT COUNCIL - CHAIR 0.30
Director
$0 $0 $0
SCOTT MCCALLISTER DIRECTOR 0.30
Director
$0 $0 $0
SHANE SANDEFER DIRECTOR 0.30
Director
$0 $0 $0
SHELTON DENNIS BLUNT DIRECTOR 0.30
Director
$0 $0 $0
TRENT BONDY TREASURER-ELECT 0.50
Officer Director
$0 $0 $0
TREY ROBERTS DIRECTOR 0.30
Director
$0 $0 $0
NIAL PATEL DIRECTOR 0.30
Director
$0 $0 $0
HELENA CUNNINGHAM PAST CHAIR 0.30
Officer Director
$0 $0 $0
ACHILLES WILLIAMS CHIEF FINANCIAL OFFICER 16.00
Officer Director
$0 $0 $0
ERIN MONROE ECONOMIC INCLUSION COUNCIL - CHAIR 0.50
Director
$0 $0 $0
BOBBY HAMILTON BUSINESS DEVELOPMENT ADVISORY COUNCIL - CHAIR ELEC 0.30
Director
$0 $0 $0
ANTHONY KIMBLE DIRECTOR 0.30
Director
$0 $0 $0
ADAM CHAPMAN DIRECTOR 0.30
Director
$0 $0 $0
CHUCK DAIGLE DIRECTOR 0.30
Director
$0 $0 $0
BRIAN KELLER DIRECTOR 0.30
Director
$0 $0 $0
PAT GALLOWAY DIRECTOR 0.30
Director
$0 $0 $0
AMY PROVINCE DIRECTOR 0.30
Director
$0 $0 $0
FLYNN FOSTER DIRECTOR 0.50
Officer Director
$0 $0 $0
CHELSEY LABORDE BLANKENSHIP QUALITY OF PLACE COUNCIL - CHAIR 0.30
Director
$0 $0 $0
CHRIS MEYER DIRECTOR 0.30
Director
$0 $0 $0
REGINA DAVIS DIRECTOR 0.30
Director
$0 $0 $0
BOB BARTON GENERAL COUNSEL 0.30
Officer Director
$0 $0 $0
CHUCK SPICER QUALITY OF PLACE COUNCIL - CHAIR ELECT 0.30
Director
$0 $0 $0
KRISTA RANEY DIRECTOR 0.30
Director
$0 $0 $0
DAI NGUYEN DIRECTOR 0.30
Director
$0 $0 $0
DARYLENE PUGH TALENT ACTION COLLABORATIVE COUNCIL - CHAIR 0.30
Director
$0 $0 $0
EVON ROQUEMORE DIRECTOR 0.30
Director
$0 $0 $0
DAVID MULLENS CHAIR OF THE BOARD 0.50
Officer Director
$0 $0 $0
DENNIS SHIELDS DIRECTOR 0.30
Director
$0 $0 $0
ED SILVEY DIRECTOR 0.30
Director
$0 $0 $0
EDGARDO TENREIRO DIRECTOR 0.30
Director
$0 $0 $0
EDUARDO JIMENEZ DIRECTOR 0.30
Director
$0 $0 $0
AIMEE LAVESPERE DIRECTOR 0.30
Director
$0 $0 $0
ERIC DEXTER DIRECTOR 0.30
Officer Director
$0 $0 $0
MIKE POLITO DIRECTOR 0.30
Director
$0 $0 $0
ARTHUR EWING DIRECTOR 0.30
Director
$0 $0 $0
MORGAN D KASTNER SR VP OF MARKETING 16.00
Officer Director
$0 $28,214 $164,875
LORI MELANCON PRESIDENT/CEO 8.00
Officer Director
$0 $32,699 $244,212
ANN TRAPPEY INTERIM CEO 16.00
Officer
$0 $10,845 $89,940
MICHAEL DIRESTO EXECUTIVE VICE PRESIDENT 16.00
Key Emp
$0 $26,898 $182,171
BRACE GODFREY SR VP OF POLICY 16.00
Highest
$0 $53,634 $195,502
ANDREW FITZGERALD SR. VICE PRESIDENT-BUSINESS INTELLIGENCE 16.00
Highest
$0 $26,929 $179,606
EMILIA P HENRY SENIOR VICE PRESIDENT OF INVESTOR DEVELOPMENT 16.00
Highest
$0 $25,965 $192,335
RUSSELL RICHARDSON SENIOR VICE PRESIDENT BUSINESS DEVELOPMENT 16.00
Highest
$0 $42,365 $260,524
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 $2,160,362 $1,561,964 $11,986,645 $598,398
2023 $1,552,072 $596,153 $11,344,369 $955,919
2022 $1,411,561 $275,807 $10,047,185 $1,135,754
2021 $1,551,020 $287,653 $7,861,637 $1,263,367
2020 $965,998 $305,238 $6,350,076 $660,760
2019 $1,903,317 $626,945 $5,278,267 $1,276,372
2018 $1,174,181 $514,650 $3,737,328 $659,531
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