Skip to content
Governance Register
Sign inFind yourself
Find yourselfSign in
Search How it works For organisations For professionals

Edition

United KingdomIrelandUnited States (current)New ZealandCanadaAustraliaScotlandNorthern Ireland
US nonprofit · EIN 581641910 · Thibodaux, LAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 581641910)Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Colab Foundation Inc

Donations deductible
Revenue
$1.2m
year to 31 December 2024
Expenses
$1.2m
year to 31 December 2024
Total assets
$611k
$166k liabilities
Net assets
$445k
assets less liabilities
Directors and trustees
10
3.1 years on average
Staff
13
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
9
reported in Part VI
How am I connected?

Colab Foundation Inc's network

10 people12 organisationsi10 people and 12 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (17) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Chett Chiasson ChairChairman2024
2 yrs
Bart FolseBoard Member2024
2 yrs
Christy NaquinPresident/Ce2024
2 yrs
Kristine StricklandBoard Member2024
2 yrs
Marguerite ErwinVice Chairma2024
2 yrs
Marilyn Macik-FreySecretary/Tr2024
2 yrs
Matthew NewchurchBoard Member2024
2 yrs
Scott MelanconBoard Member2018
8 yrs
Stevie SmithBoard Member2024
2 yrs
VIC LafontPresident/Ce2023
3 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Vic LafontPresident/Ce40$110k
Christy NaquinPresident/Ce40$23k
Chett ChiassonChairman$0
Marguerite ErwinVice Chairma$0
Bart FolseBoard Member$0
Marilyn Macik-FreySecretary/Tr$0
Scott MelanconBoard Member$0
Matthew NewchurchBoard Member$0
Stevie SmithBoard Member$0
Kristine StricklandBoard Member$0

About

Legal name
Colab Foundation Inc
EIN
581641910
Address
322 Audubon Ave, Thibodaux, LA, 70301-3643
State
Louisiana
Mission
Economic development (as filed on the Form 990)
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Size band
5 (IRS master file code)
Formed
1984
Principal officer
Christy Naquin (as named on the Form 990)
IRS ruling date
1 November 1985
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥8years on the filingsScott Melancon
≥3years on the filingsVIC Lafont
≥2years on the filingsChett Chiasson
≥2years on the filingsBart Folse

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$611k
Total liabilities
$166k
Net assets or fund balances
$445k
Contributions and grants received
$1.2m
Program service revenue
$0
Grants and similar paid out
$28k
Employees
13

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$1.2m$1.2m$17k

As filed on the IRS Form 990. US dollars.

Grants paid

2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Bayou Region IncubatorEconomic development$16k
Restore or RetreatEconomic development$12k