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Biomedical Research Foundation of Northwest Louisiana

Public charityFed auditsIRS 990990-T FY2023
DBA: NORTHWEST LOUISIANA
Other · SHREVEPORT, LA · EIN 58-1711612

About

Our mission is to promote, encourage, carry on, and aid in the conduct and commercialization of scientific investigations and technology development; the development and implementation of novel business ideas and processes; education, training, and allied supportive activities; and the development of a cultural and physical environment, ALL of which shall be directed toward assisting the region in attracting new businesses or in retaining, starting, or growing existing businesses or in ANY other economic development activities.

DBA Northwest Louisiana

Donations are tax-deductible
Category
Other
Employees
86
Volunteers
0

Financial Snapshot

FY ending 2024-09-30
Revenue
$28.3M
Expenses
$19.6M
Assets
$116.1M
Liabilities
$11.4M

Financial history

$659.6M$329.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $28.3M · Peak FY2018: $659.6M · Avg: $280.4M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$71K
Grants Given
BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA
Your actions

Address

2031 Kings HWY
Shreveport, LA, 71103-360

Governance

Voting board members16
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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