THE CHAMBER OF LAFOURCHE & BAYOU REGION

EIN: 721271110

LAROSE, LA

Total Revenue
$206,671
Total Expenses
$202,548
Total Assets
$6,435
Net Assets
$6,435
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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
1994
Legal Domicile
LA
Principal Officer
LIN KIGER
Phone
9856917014
Tax Period
2024-07-01 to 2025-06-30

THE CHAMBER OF LAFOURCHE & BAYOU REGION, founded in 1994, is a small nonprofit that reported $207K in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE LEADERSHIP & DIRECTION IN THE ADVANCEMENT OF ECONOMIC GROWTH & PROSPERITY; TO REPRESENT COMMON INTEREST OF BUSINESS, INDUSTRY AND THE PROFESSIONS IN THE DEVELOPMENT OF SOUND PUBLIC POLICY WHICH PROMOTES A BETTER UNIFICATION OF THE BUSINESS AND PROFESSIONAL COMMUNITIES AND A BETTER QUALITY OF LIFE FOR THE TOTAL COMMUNITY.

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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 $110,410
Program Service Revenue $39,042
Investment Income $0
Other Revenue $57,219
TOTAL REVENUE $206,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $32,290
Program Expenses $61,686
Other Expenses $202,548
TOTAL EXPENSES $202,548

Year-over-Year Comparison

2024 2023 Change
Revenue $206,671 $125,354 +0.6%
Expenses $202,548 $146,888 +0.4%
Net Income $4,123 $-21,534 -1.2%
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
15
Independent Members
N/A
Employees
N/A
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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE CORTEZ VICE CHAIR O N/A
Director
$0 $0 $0
JERAD DAVID CHAIR OF THE N/A
Director
$0 $0 $0
JACK PLAISANCE TREASURER N/A
Director
$0 $0 $0
WANDA THERIOT SECRETARY N/A
Director
$0 $0 $0
LIN KIGER PRESIDENT & N/A
Officer
$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
2025 $206,671 $202,548 $6,435 $4,123
2024 $125,354 $146,888 $2,312 $-21,534
2023 $142,917 $170,490 $23,846 $-27,573
2022 $150,373 $116,020 $51,419 $34,353
2021 $80,786 $104,789 $17,066 $-24,003
2020 $88,452 $95,436 $41,069 $-6,984
2019 $122,818 $109,020 $106,850 $13,798
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