Civic Intelligence

Ascension Economic Development Corporati

990 • Fiscal year 2019 • EIN 30-0340663

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

6967 Highway 22Sorrento, LA 70778

(225) 675-1750

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

93rd percentile

32%

Higher net margin than 93% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$125,228

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-0.7%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$986,377

Up $168,221 (+21%) from 2018

Net Assets

Up

$974,980

Up $166,179 (+21%) from 2018

Liabilities

Up

$11,397

Up $2,042 (+22%) from 2018

Revenue

Down

$524,975

Down $3,953 (-0.7%) from 2018

Expenses

Down

$358,796

Down $6,354 (-1.7%) from 2018

Net Income

Up

$166,179

Up $2,401 (+1.5%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $229,311Liabilities 2010: $36,018Net Assets 2010: $193,2932010Assets 2011: $246,116Liabilities 2011: $25,838Net Assets 2011: $220,2782011Assets 2012: $258,440Liabilities 2012: $738Net Assets 2012: $257,7022012Assets 2013: $303,554Liabilities 2013: $11,680Net Assets 2013: $291,8742013Assets 2014: $333,608Liabilities 2014: $12,645Net Assets 2014: $320,9632014Assets 2015: $410,865Liabilities 2015: $14,565Net Assets 2015: $396,3002015Assets 2016: $480,986Liabilities 2016: $6,916Net Assets 2016: $474,0702016Assets 2017: $654,067Liabilities 2017: $9,044Net Assets 2017: $645,0232017Assets 2018: $818,156Liabilities 2018: $9,355Net Assets 2018: $808,8012018Assets 2019: $986,377Liabilities 2019: $11,397Net Assets 2019: $974,9802019Assets 2020: $1,308,923Liabilities 2020: $222,596Net Assets 2020: $1,086,3272020Assets 2021: $1,334,954Liabilities 2021: $171,691Net Assets 2021: $1,163,2632021Assets 2022: $1,340,502Liabilities 2022: $167,101Net Assets 2022: $1,173,4012022Assets 2023: $1,257,796Liabilities 2023: $27,431Net Assets 2023: $1,230,3652023Assets 2024: $1,328,870Liabilities 2024: $39,303Net Assets 2024: $1,289,5672024

Highlighted filing

2019

Assets$986,377
Liabilities$11,397
Net Assets$974,980

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Expenses 2010: $377,5862010Expenses 2011: $340,3142011Expenses 2012: $390,6942012Revenue 2013: $439,535Expenses 2013: $405,363Net Income 2013: $34,1722013Revenue 2014: $479,873Expenses 2014: $450,784Net Income 2014: $29,0892014Revenue 2015: $508,874Expenses 2015: $433,537Net Income 2015: $75,3372015Revenue 2016: $481,446Expenses 2016: $408,298Net Income 2016: $73,1482016Revenue 2017: $519,206Expenses 2017: $348,253Net Income 2017: $170,9532017Revenue 2018: $528,928Expenses 2018: $365,150Net Income 2018: $163,7782018Revenue 2019: $524,975Expenses 2019: $358,796Net Income 2019: $166,1792019Revenue 2020: $532,449Expenses 2020: $421,102Net Income 2020: $111,3472020Revenue 2021: $530,793Expenses 2021: $453,857Net Income 2021: $76,9362021Revenue 2022: $624,778Expenses 2022: $614,640Net Income 2022: $10,1382022Revenue 2023: $536,893Expenses 2023: $479,929Net Income 2023: $56,9642023Revenue 2024: $595,321Expenses 2024: $536,119Net Income 2024: $59,2022024

Highlighted filing

2019

Revenue$524,975
Expenses$358,796
Net Income$166,179
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.0
Gross Receipts
$524,975
Mission and Program Overview

Mission

Aedc is responsible for implementing economic development programs to the benefit of the citizens of ascension parish, louisiana.

Diversification of ascension parish economy

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$813,942$977,650▲ $163,708
Land, Buildings, and Equipment, Net$4,214$8,727▲ $4,513
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$818,156$986,377▲ $168,221
Other Assets Total-$0-
Liabilities
Other Liabilities$8,267$12,224▲ $3,957
Accounts Payable and Accrued Expenses$1,088$-827▼ $1,915
Total Liabilities$9,355$11,397▲ $2,042
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$468,517$634,696▲ $166,179
Net Assets With Donor Restrictions$340,284$340,284→ $0
Total Net Assets Fund Balance$808,801$974,980▲ $166,179
Total Liabilities and Net Assets / Fund Balance$818,156$986,377▲ $168,221

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,727$12,550-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kate MacarthurPresident & CEOFT$125,228$125,228

Board Members and Trustees

NameTitle
Dwight PoirrierChairman
Don HannaVice Chairman
Bill DawsonBoard Member
Brent LandryBoard Member
Chuck LeblancBoard Member
Don SchexnaydreBoard Member
Douglas DiezBoard Member
Janet BrittonBoard Member
John CagnolattiBoard Member
Kevin SchexnayderBoard Member
Kirk BoudreauxBoard Member
Robert BurgessBoard Member
Roger KeeseBoard Member
Derrick CocoSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$523,554
Program Service Revenue
$0
Investment Income
$1,421
Other Revenue
$0
Change in Net Assets
$166,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$280,607
Other Expenses$78,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$106,444$18,784-$125,228
Other Salaries and Wages$70,146$24,531-$94,677
Other Employee Benefits$24,919$8,714-$33,633
Payroll Taxes$12,310$4,305-$16,615
Occupancy$12,214$4,272-$16,486
Office Expenses$11,397$3,986-$15,383
Pension Plan Contributions$7,745$2,709-$10,454
Conferences and Meetings$6,191$2,165-$8,356
Advertising$5,411$1,892-$7,303
Fees for Services Accounting-$5,671-$5,671
Insurance$3,787$1,324-$5,111
Depreciation Depletion$1,852$647-$2,499
Information Technology$1,454$509-$1,963
Other Expenses$116$41-$157
Total Functional Expenses$275,292$83,504$0$358,796
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payable$12,224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy was provided to the board

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Ascension Economic Development
EIN
30-0340663
Phone
2256751750
Address
6967 HIGHWAY 22, SORRENTO, LA 70778

Signing Officer

Name
Kate Macarthur
Title
President & CEO
Signed
2020-07-01
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
15
Independent Board Members
0
Employees
3

Preparer

Firm
Diez Dupuy & Ruiz LLC
Address
1124 S Burnside Ave, Gonzales, LA 70737
Preparer
C Michael Schexnayder
Phone
2252285800
Raw XML AppendixShowing 400 of 458 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01088
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0-827
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0DIVERSIFICATION OF ASCENSION PARISH ECONOMY
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01892
IRS990/AdvertisingGrp/ProgramServicesAmt05411
IRS990/AdvertisingGrp/TotalAmt07303
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KATE MACARTHUR
IRS990/BooksInCareOfDetail/PhoneNum02256751750
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06967 HIGHWAY 22
IRS990/BooksInCareOfDetail/USAddress/CityNm0SORRENTO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070778
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0813942
IRS990/CashNonInterestBearingGrp/EOYAmt0977650
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt018784
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106444
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0125228
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02165
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06191
IRS990/ConferencesMeetingsGrp/TotalAmt08356
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0523554
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01421
IRS990/CYOtherExpensesAmt078189
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0166179
IRS990/CYSalariesCompEmpBnftPaidAmt0280607
IRS990/CYTotalExpensesAmt0358796
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0524975
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0647
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01852
IRS990/DepreciationDepletionGrp/TotalAmt02499
IRS990/Desc0TO PROMOTE ECONOMIC DEVELOPMENT IN ASCENSION PARISH, LOUISIANA.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0340284
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0340284
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0275292
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05671
IRS990/FeesForServicesAccountingGrp/TotalAmt05671
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0KATE MACARTHUR
IRS990/Form990PartVIISectionAGrp/PersonNm1JANET BRITTON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT BURGESS
IRS990/Form990PartVIISectionAGrp/PersonNm3BILL DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DON HANNA
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN CAGNOLATTI
IRS990/Form990PartVIISectionAGrp/PersonNm6KIRK BOUDREAUX
IRS990/Form990PartVIISectionAGrp/PersonNm7DERRICK COCO
IRS990/Form990PartVIISectionAGrp/PersonNm8DOUGLAS DIEZ
IRS990/Form990PartVIISectionAGrp/PersonNm9ROGER KEESE
IRS990/Form990PartVIISectionAGrp/PersonNm10BRENT LANDRY
IRS990/Form990PartVIISectionAGrp/PersonNm11CHUCK LEBLANC
IRS990/Form990PartVIISectionAGrp/PersonNm12DON SCHEXNAYDRE
IRS990/Form990PartVIISectionAGrp/PersonNm13DWIGHT POIRRIER
IRS990/Form990PartVIISectionAGrp/PersonNm14KEVIN SCHEXNAYDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0125228
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0523554
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0524975
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0509
IRS990/InformationTechnologyGrp/ProgramServicesAmt01454
IRS990/InformationTechnologyGrp/TotalAmt01963
IRS990/InsuranceGrp/ManagementAndGeneralAmt01324
IRS990/InsuranceGrp/ProgramServicesAmt03787
IRS990/InsuranceGrp/TotalAmt05111
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01421
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01421
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012550
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04214
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08727
IRS990/LandBldgEquipCostOrOtherBssAmt021277
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AEDC IS RESPONSIBLE FOR IMPLEMENTING ECONOMIC DEVELOPMENT PROGRAMS TO THE BENEFIT OF THE CITIZENS OF ASCENSION PARISH, LOUISIANA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0808801
IRS990/NetAssetsOrFundBalancesEOYAmt0974980
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0468517
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0634696
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04272
IRS990/OccupancyGrp/ProgramServicesAmt012214
IRS990/OccupancyGrp/TotalAmt016486
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03986
IRS990/OfficeExpensesGrp/ProgramServicesAmt011397
IRS990/OfficeExpensesGrp/TotalAmt015383
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08714
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024919
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033633
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2INCENTIVE STUDY
IRS990/OtherExpensesGrp/Desc3LOSS ON DISPOSAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02228
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11074
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2652
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt341
IRS990/OtherExpensesGrp/ProgramServicesAmt06370
IRS990/OtherExpensesGrp/ProgramServicesAmt13073
IRS990/OtherExpensesGrp/ProgramServicesAmt21863
IRS990/OtherExpensesGrp/ProgramServicesAmt3116
IRS990/OtherExpensesGrp/TotalAmt08598
IRS990/OtherExpensesGrp/TotalAmt14147
IRS990/OtherExpensesGrp/TotalAmt22515
IRS990/OtherExpensesGrp/TotalAmt3157
IRS990/OtherLiabilitiesGrp/BOYAmt08267
IRS990/OtherLiabilitiesGrp/EOYAmt012224
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024531
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt070146
IRS990/OtherSalariesAndWagesGrp/TotalAmt094677
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04305
IRS990/PayrollTaxesGrp/ProgramServicesAmt012310
IRS990/PayrollTaxesGrp/TotalAmt016615
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02709
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07745
IRS990/PensionPlanContributionsGrp/TotalAmt010454
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0527505
IRS990/PYInvestmentIncomeAmt01423
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt098607
IRS990/PYRevenuesLessExpensesAmt0163778
IRS990/PYSalariesCompEmpBnftPaidAmt0266543
IRS990/PYTotalExpensesAmt0365150
IRS990/PYTotalRevenueAmt0528928
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0166179
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08727
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012550
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012224
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08727
IRS990ScheduleD/TotalLiabilityAmt012224
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY WAS PROVIDED TO THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASCENSION ECONOMIC DEVELOPMENT FOUNDATIO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0204616260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06967 HIGHWAY 22
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SORRENTO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070778
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0818156
IRS990/TotalAssetsEOYAmt0986377
IRS990/TotalAssetsGrp/BOYAmt0818156
IRS990/TotalAssetsGrp/EOYAmt0986377
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0523554

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.29$0.60$0.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.03$1.23$0.54$0.48$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.17$1.17$0.62$0.61$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.17$1.16$0.53$0.45$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.22$1.09$0.53$0.42$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.97$0.52$0.36$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.81$0.53$0.37$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.65$0.52$0.35$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.48$0.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.51$0.43$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.48$0.45$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.44$0.41$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.03$0.22$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.04$0.19$0.38