South Louisiana Economic Council
Economic development
South Louisiana Economic Council at a glance
In short: South Louisiana Economic Council gave $28K across 2 grants in 2024 (avg $14K), mostly in Louisiana. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $27,939
- -27.0% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $13,970
- -27.0% vs 2023
- Median grant
- $13,970
- Total assets
- $611,081
- +19.4% vs 2023
- Primary geography
- Louisiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who South Louisiana Economic Council funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Bayou Region Incubator ($16K). Together the top 2 received $28K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How South Louisiana Economic Council gives
- Giving held roughly steady from 2021 to 2024 (+4%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $19K (2022) to $40K (2020). In 2024 it made 2 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bayou Region Incubator Baton Rouge, LA | Economic Development | $15,939 |
| Restore or Retreat Thibodaux, LA | Economic Development | $12,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $611,081 | $1,196,723 | $1,179,875 | $27,939 | 2 | $60 |
| 2023 | $511,759 | $1,177,239 | $1,059,824 | $38,277 | 2 | $54 |
| 2022 | $487,426 | $877,153 | $785,571 | $19,183 | 2 | $54 |
| 2021 | $410,078 | $631,173 | $584,145 | $26,875 | 2 | $25 |
| 2020 | $427,971 | $476,884 | $559,724 | $39,716 | 3 | $20 |
About South Louisiana Economic Council
Based on IRS filings
South Louisiana Economic Council is a public charity, based in Thibodaux, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $611K in total assets. In 2024, it awarded 2 grants totaling $28K. Net investment income was $60.
Leadership & Key People
Officers and directors from IRS filings
South Louisiana Economic Council is led by Vic Lafont, President on every filing since 2023; 2 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Vic Lafont
President
On filings since 2023
40 hrs/week
$110K (2024)
Christy Naquin
President
New on the 2024 filing
40 hrs/week
$23K (2024)
Chett Chiasson
Chairman
New on the 2024 filing
No compensation reported
Scott Melancon
Board Member
Chairman → Board Member, 2024
On filings since 2020
No compensation reported
Bart Folse
Board Member
New on the 2024 filing
No compensation reported
Kristine Strickland
Board Member
New on the 2024 filing
No compensation reported
Marguerite Erwin
Vice Chairman
New on the 2024 filing
No compensation reported
Marilyn Macik-Frey
Secretary
New on the 2024 filing
No compensation reported
Matthew Newchurch
Board Member
New on the 2024 filing
No compensation reported
Stevie Smith
Board Member
New on the 2024 filing
No compensation reported
Former officers (9)
- Former: Ken Rachal (2020–2023) — Secretary
- Former: Barry Dufrene (2020–2022) — Board Member
- Former: Douglas Toups (2020–2022) — Board Member
- Former: Dustin Rabalais (2020–2022) — Vice Chairman
- Former: Peter Louviere (2020–2022) — Board Member
- Former: Raymond Wade (2020–2022) — Board Member
- Former: Ben Giardina (2020–2021) — Vice Chairman
- Former: Mark Folse (2020–2021) — Board Member
- Former: Eric Danos (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $110K, to Vic Lafont (President/Ce). 2 officers or directors reported compensation on that filing.
Frequently asked questions about South Louisiana Economic Council
How much does South Louisiana Economic Council give each year?
South Louisiana Economic Council gave $28K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $38K across 2 grants.
How large is South Louisiana Economic Council?
South Louisiana Economic Council reported $611K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.2M.
Where does South Louisiana Economic Council operate?
South Louisiana Economic Council has awarded grants in Louisiana.
What is South Louisiana Economic Council's EIN?
South Louisiana Economic Council's EIN (Employer Identification Number) is 58-1641910. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 29, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 22, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 1, 2025)
- IRS filings on file for fiscal years 2020–2024
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