Nonprofit · EIN 72-1255917
LOUISIANA ASSET MANAGEMENT POOL INC
Tax-exempt · NEW ORLEANS, LA 70130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,596,540 | $3,448,080 | $5,148,460 | $12,534,105 | $569,926 | $11,964,179 |
| December 31, 2023 | 990 | $7,670,051 | $2,713,392 | $4,956,659 | $7,334,956 | $479,278 | $6,855,678 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,165,980
- Investment income
- $430,560
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $541,953
- Other salaries and wages
- $107,974
- Salaries, compensation and benefits (total)
- $722,569
- Professional fundraising fees
- $0
- Legal fees
- $23,614
- Accounting fees
- $89,439
- Occupancy
- $7,941
- Travel
- $48,181
- Depreciation
- $63,399
- Program services (functional)
- $3,175,317
- Management and general (functional)
- $272,763
Balance sheet and other
- Total assets, start of year
- $7,334,956
- Total assets, end of year
- $12,534,105
- Total liabilities, end of year
- $569,926
- Net assets, end of year
- $11,964,179
- Land, buildings and equipment
- $69,899
- Gross receipts
- $8,596,540
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1993
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THEODORE C SANDERS III | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $232,574 | $67,025 |
| KRISTINE ORGERON | CHIEF ADMINISTRATIVE OFFIC Trustee or director, Officer | 40 | $185,543 | $56,812 |
| YOLANDA FRANCOIS | PARTICIPANT LIASON Highest-paid employee | 40 | $110,339 | $35,301 |
| DR JOHN C FLEMING JR | BOARD PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| APRIL JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE JULIUS ALSANDOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARNEY D ARCENEAUX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERICA BRYANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GUY CORMIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE DAVID DART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBBIE HUDNALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES MACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE DERRICK JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERIFF STEVEN MCCAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLIFF PALMER | DIRECTOR Trustee or director | 1 | $0 |
| GLORIA WASHINGTON | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN POLK | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THEODORE C SANDERS III | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $224,013 | $56,722 |
| KRISTINE ORGERON | CHIEF ADMINISTRATIVE OFFIC Trustee or director, Officer | 40 | $181,917 | $51,526 |
| YOLANDA FRANCOIS | PARTICIPANT LIASON Highest-paid employee | 40 | $108,211 | $28,760 |
| DR JOHN C FLEMING JR | BOARD PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MARY BONNETTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE JULIUS ALSANDOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE BOBBY EDMISTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERICA BRYANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GUY CORMIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE DAVID DART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBBIE HUDNALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRANT DUSSOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HONORABLE DERRICK JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERIFF JAYSON RICHARDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RONALD WENDEL JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLORIA WASHINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 650 POYDRAS ST STE 2220, NEW ORLEANS, LA 70130-7222
- Principal officer (990 for 2024)
- THEODORE SANDERS III, 650 POYDRAS STREET 2220, NEW ORLEANS, LA 70130
- Signed the 990
- THEODORE SANDERS, CHIEF EXECUTIVE OFFICER
- Phone
- (504) 525-5267
- Website
- WWW.LAMPPOOL.COM
- Return prepared by
- LAPORTE APAC
Mission
TO PROVIDE MEMBERS OF THE COOPERATIVE ENDEAVOR A POOL INTO WHICH PUBLIC FUNDS CAN BE INVESTED EFFICIENTLY AND EFFECTIVELY.
Program accomplishments
- TO PROVIDE A MEANS BY WHICH PUBLIC ENTITIES OF THE STATE OF LOUISIANA MAY POOL AND COLLECTIVELY INVEST FUNDS TO BENEFIT FROM COMPETITIVE YIELDS, LOWER FEES, AND THE SAME LEVEL OF INVESTMENT MANAGEMENT OTHERWISE AVAILABLE ONLY TO LARGE INSTITUTIONAL INVESTORS.Expenses $3,175,317 · revenue $8,596,540
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-1255917
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $12,534,105
- Income (IRS master file)
- $8,596,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,596,540 | $3,448,080 | $12,534,105 | XML |
| 990 | December 2023 | $7,670,051 | $2,713,392 | $7,334,956 | XML |
| 990 | December 2022 | $3,874,257 | $2,526,372 | $2,401,664 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1255917).
Questions about LOUISIANA ASSET MANAGEMENT POOL INC
- What is the EIN of LOUISIANA ASSET MANAGEMENT POOL INC?
- The employer identification number (EIN) of LOUISIANA ASSET MANAGEMENT POOL INC is 72-1255917.
- Is LOUISIANA ASSET MANAGEMENT POOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to LOUISIANA ASSET MANAGEMENT POOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOUISIANA ASSET MANAGEMENT POOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOUISIANA ASSET MANAGEMENT POOL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUISIANA ASSET MANAGEMENT POOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOUISIANA ASSET MANAGEMENT POOL INC?
- The 990 for the year ended December 31, 2024 names THEODORE SANDERS III.
- Who are the officers and directors of LOUISIANA ASSET MANAGEMENT POOL INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 3 received compensation from the organization, the highest $232,574 (THEODORE C SANDERS III, CHIEF EXECUTIVE OFFICER).
- How much revenue does LOUISIANA ASSET MANAGEMENT POOL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,596,540, expenses of $3,448,080 and total assets of $12,534,105 at year end.
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