Civic Intelligence

Terrebonne Economic Development Foundation

EIN 58-1866575 • 501(c)3 • Houma, LA

Profile

Promoting industrial improvement

PO Box 3209Houma, LA 70361

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.19x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.00x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

4th percentile

-103%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-8.5%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

67th percentile

20%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$515,374

Down $2,575 (-0.5%) from 2023

Liabilities

Up

$96,166

Up $96,166 from 2023

Net Assets

Down

$419,208

Down $98,741 (-19%) from 2023

Operations
Liabilities / Revenue92nd percentileNet Margin4th percentile

Revenue

Up

$95,753

Up $94,551 (+7866%) from 2023

Expenses

Up

$194,494

Up $95,130 (+96%) from 2023

Net Income

Down

-$98,741

Down $579 (-0.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $114,560Liabilities 2010: $6,500Net Assets 2010: $108,0602010Assets 2011: $140,214Liabilities 2011: $6,500Net Assets 2011: $133,7142011Assets 2012: $256,823Liabilities 2012: $125,000Net Assets 2012: $131,8232012Assets 2013: $258,342Liabilities 2013: $124,710Net Assets 2013: $133,6322013Assets 2014: $259,012Liabilities 2014: $124,710Net Assets 2014: $134,3022014Assets 2015: $121,802Net Assets 2015: $121,8022015Assets 2020: $135,996Liabilities 2020: $0Net Assets 2020: $135,9962020Assets 2021: $707,877Liabilities 2021: $0Net Assets 2021: $707,8772021Assets 2022: $616,111Liabilities 2022: $0Net Assets 2022: $616,1112022Assets 2023: $517,949Liabilities 2023: $0Net Assets 2023: $517,9492023Assets 2024: $515,374Liabilities 2024: $96,166Net Assets 2024: $419,2082024

Highlighted filing

2024

Assets$515,374
Liabilities$96,166
Net Assets$419,208
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $69,311Expenses 2010: $44,690Net Income 2010: $24,6212010Revenue 2011: $2,926,510Expenses 2011: $2,900,856Net Income 2011: $25,6542011Revenue 2012: $53,350Expenses 2012: $55,241Net Income 2012: -$1,8912012Revenue 2013: $57,898Expenses 2013: $56,089Net Income 2013: $1,8092013Revenue 2014: $670Expenses 2014: $0Net Income 2014: $6702014Revenue 2015: $9,283Expenses 2015: $9,283Net Income 2015: $02015Revenue 2020: $501,842Expenses 2020: $488,662Net Income 2020: $13,1802020Revenue 2021: $1,454,019Expenses 2021: $845,010Net Income 2021: $609,0092021Revenue 2022: $66,465Expenses 2022: $158,230Net Income 2022: -$91,7652022Revenue 2023: $1,202Expenses 2023: $99,364Net Income 2023: -$98,1622023Revenue 2024: $95,753Expenses 2024: $194,494Net Income 2024: -$98,7412024

Highlighted filing

2024

Revenue$95,753
Expenses$194,494
Net Income-$98,741
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$515,374
Liabilities
$96,166
Net assets
$419,208
Revenue
$95,753
Expenses
$194,494
Net income
-$98,741
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.10$0.42$0.10$0.19$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.00$0.10$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.07$0.16$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.45$0.85$0.61
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.50$0.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.01$0.01$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.12$0.13$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.12$0.13$0.06$0.06$0.00
2012Summary only. Only limited summary data is available for this year.$0.26$0.13$0.13$0.05$0.06$0.00
2011Summary only. Only limited summary data is available for this year.$0.14$0.01$0.13$2.93$2.90$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.11$0.07$0.04$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 29, 2025
Return Version
2024v5.2
Gross Receipts
$150,753
Mission and Program Overview

Mission

Promoting industrial improvement

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$462,949$515,374▲ $52,425
Rtn Earn Endowment Incm Other Fnds$462,949$419,208▼ $43,741
Loans From Officers Directors-$96,166-
Land, Buildings, and Equipment, Net$55,000$0▼ $55,000
Pd in Cap Srpls Land Bldg Eqp Fund$55,000--
Total Assets$517,949$515,374▼ $2,575
Liabilities
Total Liabilities$0$96,166▲ $96,166
Net Assets / Fund Balance
Total Net Assets Fund Balance$517,949$419,208▼ $98,741
Total Liabilities and Net Assets / Fund Balance$517,949$515,374▼ $2,575

Asset Categories

AssetBook ValueDepreciationBasis
Land$0-$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Kelly ReevesDirector$96,166$96,166

Board Members and Trustees

NameTitle
Michael J Garcia MDPresident
Jason UnderwoodVice-President
CJ DomangueDirector
Christian LapeyreDirector
Ivan WilliamsDirector
Michael LagardeDirector
Cohen GuidryCEO
Robert A BarthelSecretary
Nicholas Paul HebertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$0
Investment Income
$-4,247
Other Revenue
$0
Change in Net Assets
$-98,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,244
Grants and Similar Amounts Paid$77,250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$96,166$0$96,166
Grants to Domestic Orgs$77,250--$77,250
Advertising$0$15,000$0$15,000
Fees for Services Accounting$0$3,669$0$3,669
Fees for Services Legal$0$1,632$0$1,632
Other Expenses$0$152$0$152
Total Functional Expenses$77,250$117,244$0$194,494
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$96,166-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Terrebonne Economic Development Foundation
EIN
58-1866575
Phone
9858736454
Address
PO Box 3209, Houma, LA 70361

Signing Officer

Name
Cohen Guidry
Title
CEO
Phone
9858736454
Signed
2025-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cohen Guidry
Formed
1989
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
3

Preparer

Firm
Martin & Pellegrin CPA's PC
Address
103 Ramey Road, Houma, LA 70360
Preparer
Pernell Pellegrin
Phone
9858513638
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Terrebonne Economic Development Foundation (TEDFO) is a component unit of Terrebonne Economic Development Authority (TEDA). TEDFO and TEDA share the same 9 Board Members.”

Pt VI, Line 7B

“7a - Board members can vote new members onto the Board. 7b - Voting board members vote on significant decisions.”

Pt VI, Line 11B

“TEDA staff provide answers to all questions. The current board Chairman approves the 990.”

Pt VI, Line 12C

“Board members are instructed to reveal any conflicts of interest. The Board ensures that any new conflicts noted at the board meetings are dealt with.”

Pt VI, Line 15A

“TEDFO does not have any employees. Duties are carried out by TEDA staff.”

Pt VI, Line 15B

“TEDFO does not have any employees. Duties are carried out by TEDA staff.”

Pt VI, Line 19

“Documents and policies are available for review at TEDAs office. Audited financial statements are on the Louisiana Legislative Auditors website. All items are available upon request.”

Pt XII, Line 2C

“Terrebonne Economic Development Foundation (TEDFO) and Terrebonne Economic Development Authority (TEDA) share the same Board of Directors. TEDFO is reported as a blended component unit in TEDAs annual audited financial statements. TEDFOs board and management oversee such audit.”

Raw XML Appendix376 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Promoting industrial improvement
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt015000
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt015000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Cohen Guidry
IRS990/BooksInCareOfDetail/PhoneNum09858736890
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 3209
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houma
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070361
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0462949
IRS990/CashNonInterestBearingGrp/EOYAmt0515374
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0100000
IRS990/CYGrantsAndSimilarPaidAmt077250
IRS990/CYInvestmentIncomeAmt0-4247
IRS990/CYOtherExpensesAmt0117244
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-98741
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0194494
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt095753
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Responsible for promoting, encouraging, and participating in industrial development to stimulate the economy through commerce, industry, and research and for the utilization and development of natural, physical, and human resources of Terrebonne Parish.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt077250
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03669
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt03669
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01632
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt01632
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt096166
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt096166
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt750.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt696166
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael J Garcia MD
IRS990/Form990PartVIISectionAGrp/PersonNm1Jason Underwood
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert A Barthel
IRS990/Form990PartVIISectionAGrp/PersonNm3Nicholas Paul Hebert
IRS990/Form990PartVIISectionAGrp/PersonNm4Christian Lapeyre
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Lagarde
IRS990/Form990PartVIISectionAGrp/PersonNm6Kelly Reeves
IRS990/Form990PartVIISectionAGrp/PersonNm7Cohen Guidry
IRS990/Form990PartVIISectionAGrp/PersonNm8Ivan Williams
IRS990/Form990PartVIISectionAGrp/PersonNm9CJ Domangue
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-25900
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0100000
IRS990/GrantAmt077250
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt077250
IRS990/GrantsToDomesticOrgsGrp/TotalAmt077250
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt029100
IRS990/GrossReceiptsAmt0150753
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt021653
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021653
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt055000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt055000
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt096166
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promoting industrial improvement
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0517949
IRS990/NetAssetsOrFundBalancesEOYAmt0419208
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-25900
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-25900
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Consulting
IRS990/OtherExpensesGrp/Desc1Other
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1152
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt0625
IRS990/OtherExpensesGrp/TotalAmt1152
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt055000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Cohen Guidry
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01202
IRS990/PYOtherExpensesAmt099364
IRS990/PYRevenuesLessExpensesAmt0-98162
IRS990/PYTotalExpensesAmt099364
IRS990/PYTotalRevenueAmt01202
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-98741
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0100000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0462949
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0419208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt041257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01454019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02095276
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt021653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01202
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022855
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98920
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt02095276
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt041257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01454019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0500000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02095276
IRS990ScheduleA/TotalSupportAmt02118131
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Terrebonne Economic Development Foundation (TEDFO) is a component unit of Terrebonne Economic Development Authority (TEDA). TEDFO and TEDA share the same 9 Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17a - Board members can vote new members onto the Board. 7b - Voting board members vote on significant decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEDA staff provide answers to all questions. The current board Chairman approves the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board members are instructed to reveal any conflicts of interest. The Board ensures that any new conflicts noted at the board meetings are dealt with.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEDFO does not have any employees. Duties are carried out by TEDA staff.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TEDFO does not have any employees. Duties are carried out by TEDA staff.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents and policies are available for review at TEDAs office. Audited financial statements are on the Louisiana Legislative Auditors website. All items are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Terrebonne Economic Development Foundation (TEDFO) and Terrebonne Economic Development Authority (TEDA) share the same Board of Directors. TEDFO is reported as a blended component unit in TEDAs annual audited financial statements. TEDFOs board and management oversee such audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0517949
IRS990/TotalAssetsEOYAmt0515374
IRS990/TotalAssetsGrp/BOYAmt0517949
IRS990/TotalAssetsGrp/EOYAmt0515374
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0100000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0117244
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt077250
IRS990/TotalFunctionalExpensesGrp/TotalAmt0194494
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt096166
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt096166
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0517949
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0419208
IRS990/TotalOtherCompensationAmt096166
IRS990/TotalProgramServiceExpensesAmt077250
IRS990/TotalRevenueGrp/ExclusionAmt0-4247
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095753
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0517949
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0515374
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 3209
IRS990/USAddress/CityNm0Houma
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070361
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cohen Guidry
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09858736454
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Terrebonne Economic Development Foundation
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0581866575
ReturnHeader/Filer/PhoneNum09858736454
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3209
ReturnHeader/Filer/USAddress/CityNm0Houma
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070361
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721111438
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Martin & Pellegrin CPA's PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0103 Ramey Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houma
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070360
ReturnHeader/PreparerPersonGrp/PhoneNum09858513638
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pernell Pellegrin
ReturnHeader/ReturnTs02025-09-30T05:27:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.