Coordinating & Development Corp Louisiana INC

Not tax-deductible

Bossier City, LA501(c)(4)EIN 72-0651120

Economic development in nw la.

100¢ of each $1 spent went to programs.
$368K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $44K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$368K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.1M
85% of total assets
Concern: liabilities are 85% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
+2% vs prior year
Spent
$4.0M
To programs
100%
Net assets
$386K
By yearFY2020–FY2024
Revenue
$4.0M
FY2024▲ +2%
Revenue by fiscal year
FY2020$4.5M
FY2021$4.4M
FY2022$4.1M
FY2023$4.1M
FY2024$4.0M
FY2024$4.0M
Expenses
$4.0M
FY2024▼ -1.0%
Expenses by fiscal year
FY2020$4.4M
FY2021$4.2M
FY2022$4.0M
FY2023$4.1M
FY2024$4.0M
FY2024$4.0M
Net assets
$386K
FY2024▲ +22%
Net assets by fiscal year
FY2020$197K
FY2021$321K
FY2022$422K
FY2023$361K
FY2024$317K
FY2024$386K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $4.0M

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $368K paid to officers and key staff.

Part VII, Section A · reportable compensation
$131,035Pt VII · Sec A
Vice Preside
$84,087Pt VII · Sec A
Vice Preside
$77,317Pt VII · Sec A
Vice Preside
$76,000Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
J Skaggs$131,035$100,031$127,079$128,716$127,964$129,639
Austin Vaughn$84,087$77,653$107,290$77,569$72,708—
Nada Attaway$77,317$73,271$93,560———
Candle Sattler$76,000—————
Nada Pervical———$65,567$66,202—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Coordinating & Development Corp Louisiana INC is a membership association based in Bossier City, LA.

Provided by the organization

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1 program service account for $3.4M of program spending, described in the organization's own filed words · FY2024.
01

Serve NW la and assist in economic development

$3.4Mprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Fees for servicesLn 2g$3.7M
Gifts and grantsLn 1h$380K
Investment incomeLn 3$1K
Money outPt IX
$4.0M
Ln 25
Programscol B$4.0M
Owns and owesPt X
$386K
net assets · Ln 32
Cash and savingsLn 1–2$303K
Total assetsLn 16$2.5M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
5
listed · VII A
PaidVII A4
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$380K
Fees for servicesLn 2g$3.7M
Investment incomeLn 3$1K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$303K
Cash and savings togetherLn 1–2$303K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$2.0M
Total assetsLn 16$2.5M
LiabilitiesLn 26$2.1M
Net assetsLn 32$386K
OperationsPt I, VI
EmployeesI 533
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$298K$303K
Land, buildings, equipmentLn 10c$33K$15K
Total assetsLn 16$2.1M$2.5M
LiabilitiesLn 26$1.8M$2.1M
Net assetsLn 32$317K$386K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$368K$368K
Other salaries and wagesLn 7$1.3M$1.3M
Other employee benefitsLn 9$771K$771K
Legal feesLn 11b$125K$125K
Other fees for servicesLn 11g$901K$901K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$187K$187K
OccupancyLn 16$207K$207K
TravelLn 17$35K$35K
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$63K$63K
Total functional expensesLn 25$4.0M$4.0M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.0M$4.0M−$44K$317K 990 PDF
FY2023 $4.1M$4.1M−$29K$361K 990 PDF
FY2022 $4.1M$4.0M$101K$422K 990 PDF
FY2021 $4.4M$4.2M$124K$321K 990 PDF
FY2020 $4.5M$4.4M$69K$197K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $4,034,092 across 6 lines filed
VIII-1b Membership dues$272,456
VIII-1f All other contributions, gifts and grants$107,485
VIII-1h Total contributions, gifts and grants$379,941
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,653,041$3,653,041
VIII-3 Investment incomeExcluded from tax $1,110$1,110
VIII-12 Total revenueRelated to mission $3,653,041 · Excluded from tax $1,110$4,034,092
Part IX · Statement of functional expenses $3,965,388 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $368,439$368,439
IX-7 Other salaries and wagesPrograms $1,286,301$1,286,301
IX-9 Other employee benefitsPrograms $771,336$771,336
IX-11b Legal feesPrograms $125,457$125,457
IX-11g Other fees for servicesPrograms $900,673$900,673
IX-12 Advertising and promotionPrograms $2,263$2,263
IX-13 Office expensesPrograms $187,435$187,435
IX-16 OccupancyPrograms $206,510$206,510
IX-17 TravelPrograms $35,323$35,323
IX-22 Depreciation, depletion and amortizationPrograms $18,177$18,177
IX-23 InsurancePrograms $63,474$63,474
IX-25 Total functional expensesPrograms $3,965,388 · Management $0 · Fundraising $0$3,965,388
Part X · Balance sheet $2,490,894 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $298,439$303,342
X-4 Accounts receivableStart of year $136,480$170,942
X-10c Land, buildings and equipment, netStart of year $32,746$14,569
X-15 Other assetsStart of year $1,668,155$2,002,041
X-16 Total assetsStart of year $2,135,820$2,490,894
X-17 Accounts payable and accrued expensesStart of year $86,199$85,562
X-24 Unsecured notes and loans payable$700,000
X-25 Other liabilitiesStart of year $1,732,462$1,319,469
X-26 Total liabilitiesStart of year $1,818,661$2,105,031
X-27 Net assets without donor restrictionsStart of year $317,159$385,863
X-32 Total net assets or fund balancesStart of year $317,159$385,863
X-33 Total liabilities and net assetsStart of year $2,135,820$2,490,894
Part XI · Reconciliation of net assets $385,863 net assets at year end
XI-1 Total revenue$4,034,092
XI-2 Total expenses$3,965,388
XI-3 Revenue less expenses$68,704
XI-4 Net assets at start of year$317,159
XI-10 Net assets at end of year$385,863

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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