Overview

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Est.

1979

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Greater Bossier Economic Development Foundation (GBEDF), based in Bossier City and Bossier Parish, focuses on economic development and business promotion. With an operating budget of $444.3K and total revenue of $551K for the 2024 filing year, the organization aims to enhance regional competitiveness by supporting infrastructure development, workforce programs, and small business assistance. GBEDF collaborates with local governments and regional partners to secure new jobs and investment, without relying on a single funder for 50% or more of its revenue. For more information, visit www.gbedf.org.

Mission Statement

THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS THE LEADERSHIP ORGANIZATION FOR ECONOMIC DEVELOPMENT IN BOSSIER CITY AND BOSSIER PARISH. BEYOND OUR PARTNERSHIP WITH LOCAL GOVERNMENTS WE ALSO SUPPORT REGIONAL EFFORTS SPONSORED BY SUCH ORGANIZATIONS AS THE CADDO/BOSSIER PORT, BIO-MEDICAL RESEARCH FOUNDATION AND THE WORKFORCE DEVELOPMENT PROGRAMS AT BPCC. THE MISSION OF THE GBEDF IS TO POSITION BOSSIER TO BE COMPETITIVE IN SECURING NEW JOBS AND INVESTMENT. WE SEEK TO PLACE EMPHASIS ON INFRASTRUCTURE DEVELOPMENT, ASSISTANCE TO BOSSIER'S RURAL COMMUNITIES, WORK FORCE DEVELOPMENT AND REGIONAL QUALITY OF LIFE ISSUES.THE GBEDF ALSO ADMINISTERS PROGRAMS WHICH ASSIST WITH SMALL BUSINESS DEVELOPMENT, FINANCIAL ASSISTANCE AND LEGISLATIVE ISSUES MANAGEMENT.
Revenues
$551K
Expenses
$507.3K
Net Income:
+$43.6K
Assets
$1.2M
Liabilities
$168.6K
Net Assets:
+$1M
Operating Budget
$444.3K
Operating Budget by Year

Due Diligence

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Not in Automatic Revocation of Exemption List
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D
David R Rockett Jr
Board Member
I
Ian McElroy
Board Member
D
Don Updegraff
Board Member

Frequently Asked Questions

What is GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION’s budget?
In 2024, GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION reported an annual operating budget of around $444 thousand. More detailed financial information is available to registered users.
What causes does GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION support?
GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION supports work in Economic development and Business promotion.
Where does GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION operate?
GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION is headquartered in Bossier City, LA.
What is GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION’s reliance on government grants?
GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION relied on government grants for more than 70% of their total revenue in 2024.