South Louisiana Economic Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581641910 ✦ Thibodaux, LA ✦ Designated as a 501(c)(3)

Overview

What is South Louisiana Economic Council?

The South Louisiana Economic Council (SLEC) is a 501(c)(3) nonprofit organization, specifically dedicated to fostering economic growth in Assumption Parish. As an economic development agency, SLEC's primary mission is to strengthen the regional economy within its jurisdiction. Established with the intent to promote development, the council plays a crucial role in supporting Assumption Parish's economic well-being.


Official website here: www.bayouregion.com

Is South Louisiana Economic Council legitimate?

South Louisiana Economic Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Louisiana Economic Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,155

For more financial information, click here


Official website here: www.bayouregion.com

What is the mission statement of South Louisiana Economic Council?

The South Louisiana Economic Council (SLEC), being a 501(3)(c) not-for-profit organization, is dedicated to promoting economic development in the region. Established to support parishes in Assumption, SLEC's mission is to enhance the regional economy. While the provided information does not detail specific objectives or methods, it is evident that SLEC aims to contribute positively to the economic growth and development of the assigned area.


Official website here: www.bayouregion.com

Who is the CEO of South Louisiana Economic Council?

Dr Ken Rachal is the Secretary/Tr of South Louisiana Economic Council.


Official website here: www.bayouregion.com

What is the revenue of South Louisiana Economic Council?

South Louisiana Economic Council's revenue in 2022 was $877,153.


Official website here: www.bayouregion.com

Who are the executives of South Louisiana Economic Council and what are their salaries?

The average compensation at South Louisiana Economic Council during 2022 was $22,287. There are 11 employees at South Louisiana Economic Council.

Here are 7 key members and their salaries:

    Dr Ken Rachal (Secretary/Tr) [Trustee/Director]
  • Compensation: $13,950
  • Related: $0
  • Other: $0

    • Barry Dufrene (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Louviere (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Melancon (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dustin Rabalais (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Toups (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Wade (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bayouregion.com

    Where can I find the form 990 for South Louisiana Economic Council?

    The South Louisiana Economic Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bayouregion.com

    Learn more at the official website: www.bayouregion.com

    Mission Statement of South Louisiana Economic Council

    The South Louisiana Economic Council (SLEC) is a non-profit organization, recognized under section 501(c)(3), dedicated to promoting economic growth in the Assumption parishes. Established with the purpose of fostering regional development, SLEC plays a pivotal role in supporting economic progress within its designated area.

    Impact

    This information is meant to be a general summary of South Louisiana Economic Council. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The South Louisiana Economic Council has had a significant impact on the economic development of the Assumption parish in Louisiana. Through its efforts, SLEC has helped to attract and retain businesses, create job opportunities, and promote overall economic growth in the region. Their mission to support regional economic development has resulted in tangible benefits for the local community, including increased investment, infrastructure improvements, and a more robust business climate. Overall, the South Louisiana Economic Council plays a crucial role in driving economic prosperity and sustainability in the Assumption parish.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $54
  • Program Service Revenue: $0
  • Gross Receipts: $877,153

    • Assets and Liabilities:
  • Total Assets: $487,426
  • Total Liabilities: $209,770
  • Net Assets: $277,656
  • Organization Details

    Founding Year

    1984

    Principal Officer

    Dr Ken Rachal

    Main Address

    322 AUDUBON AVE, THIBODAUX, LA, 70301

    If you are a representative of South Louisiana Economic Council and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.