GREATER NEW ORLEANS DEVELOPMENT FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GREATER NEW ORLEANS DEVELOPMENT FOUNDATION (EIN 72-1177207)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202543219349304274
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T09:22:08-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 720870824 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEGMANN DAZET APC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 VETERANS BLVD SUITE 1600 | AddressLine1Txt |
| City | METAIRIE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721177207 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER NEW ORLEANS DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 5045276900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 POYDRAS STREET 3475 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70163 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HECHT | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 5045276900 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN P KOENIG | PreparerPersonNm |
| PTIN | P91752990 | PTIN |
| Phone | 5048378844 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL HECHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 POYDRAS STREET 3475 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70163 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,212,232 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GNOINC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1913 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,085,050 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,831,690 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $245,521 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $325,659 | CYProgramServiceRevenueAmt |
| PY Investment Income | $134,677 | PYInvestmentIncomeAmt |
| CY Investment Income | $54,883 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,465,248 | PYTotalRevenueAmt |
| CY Total Revenue | $7,212,232 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,767,486 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,802,617 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,266,078 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,169,460 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,369,936 | PYOtherExpensesAmt |
| CY Other Expenses | $2,515,813 | CYOtherExpensesAmt |
| PY Total Expenses | $5,403,500 | PYTotalExpensesAmt |
| CY Total Expenses | $6,487,890 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $61,748 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $724,342 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,571,319 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,970,691 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,431,529 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,025,200 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,139,790 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,945,491 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,032,661 | ExpenseAmt |
| Grant | $2,802,617 | GrantAmt |
| Revenue | $325,659 | RevenueAmt |
| Desc | THE FOUNDATION ACTS AS A CATALYST FOR ECONOMIC GROWTH AND THE ENHANCEMENT OF QUALITY OF LIFE IN THE TEN PARISHES OF SOUTHEAST LOUISIANA. THE FOUNDATION HAS COLLABORATED WITH ITS DEVELOPMENT ALLIES THROUGHOUT THE REGION TO HELP PROVIDE AN ADEQUATE BASE OF NEW EMPLOYMENT THROUGH JOB INITIATIVES, TO IMPROVE THE QUALITY AND QUANTITY OF EMPLOYMENT THROUGH WORKFORCE DEVELOPMENT AND TO FOSTER ECONOMIC PLANNING AND DEVELOPMENT THROUGH PUBLIC AWARENESS AND COMMUNICATIONS. | Desc |
| Total Program Service Expenses | $6,032,661 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF TEAGUE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5045276900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 POYDRAS STREET SUITE 3475 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70163 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| RICHARD F CORTIZAS | ||||||||
| BOARD CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JULIE STOKES | ||||||||
| SECRETARY & TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DALE BENOIT | ||||||||
| MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WAYNE CONNER | ||||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TARA CARTER HERNANDEZ | ||||||||
| MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARINA MANZANARES | ||||||||
| MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GUY WILLIAMS | ||||||||
| MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL HECHT | ||||||||
| PRESIDENT & CEO | 1.00 | 40.00 | Yes (X) | $0 | $851,213 | $45,584 | ||
| JOSHUA TATUM | ||||||||
| VICE PRESIDENT OF BUSINESS | 40.00 | $137,617 | $0 | $14,450 | Yes (X) | |||
| LACY MCMANUS | ||||||||
| EXECUTIVE DIRECTOR OF FUTU | 40.00 | $123,686 | $0 | $19,315 | Yes (X) | |||
| BRANDON WILLIAMS | ||||||||
| DIRECTOR OF FINANCE AND AD | 40.00 | $105,079 | $0 | $11,378 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $366,382 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $851,213 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $90,727 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWLAB LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 MORRIS AVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONSULTING | ServicesDesc |
| Compensation | $346,487 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,334,989 | GovernmentGrantsAmt |
| All Other Contributions | $2,496,701 | AllOtherContributionsAmt |
| Total Contributions | $6,831,690 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SPONSORSHIP | 900099 | $205,967 | $205,967 |
| MANAGEMENT FEES | 561499 | $111,023 | $111,023 |
| WORKFORCE SUMMIT | 900099 | $8,669 | $8,669 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $325,659 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,883 | TotalRevenueColumnAmt |
| Exclusion | $54,883 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,212,232 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $325,659 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $54,883 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,802,617 | TotalAmt |
| Program Services | $2,802,617 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,001,330 | TotalAmt |
| Management And General | $1,001,330 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,450 | TotalAmt |
| Management And General | $29,450 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,900 | TotalAmt |
| Management And General | $68,900 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,780 | TotalAmt |
| Management And General | $69,780 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,293,829 | TotalAmt |
| Program Services | $977,326 | ProgramServicesAmt |
| Management And General | $316,503 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250 | TotalAmt |
| Management And General | $3,250 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $624,409 | TotalAmt |
| Program Services | $615,674 | ProgramServicesAmt |
| Management And General | $8,735 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,449 | TotalAmt |
| Program Services | $1,449 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,224 | TotalAmt |
| Program Services | $12,981 | ProgramServicesAmt |
| Management And General | $5,243 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,103 | TotalAmt |
| Program Services | $27,103 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,985 | TotalAmt |
| Program Services | $125,195 | ProgramServicesAmt |
| Management And General | $13,790 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,609 | TotalAmt |
| Program Services | $185,124 | ProgramServicesAmt |
| Management And General | $3,485 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DEVELOPMENT | $145,197 | $145,197 | |
| BAD DEBT EXPENSE | $47,500 | $47,500 | |
| PARKING | $19,660 | $19,660 | |
| DUES & SUBSCRIPTIONS | $3,928 | $3,920 | $8 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,670 | TotalAmt |
| Program Services | $1,136,075 | ProgramServicesAmt |
| Management And General | -$1,132,405 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,487,890 | TotalAmt |
| Program Services | $6,032,661 | ProgramServicesAmt |
| Management And General | $455,229 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,585 | BOYAmt |
| EOY | $2,539 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,965 | BOYAmt |
| EOY | $1,335,976 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,511,655 | BOYAmt |
| EOY | $1,490,748 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,016,114 | BOYAmt |
| EOY | $1,127,428 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $14,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,571,319 | BOYAmt |
| EOY | $3,970,691 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,171,732 | BOYAmt |
| EOY | $999,374 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,797 | BOYAmt |
| EOY | $25,826 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,431,529 | BOYAmt |
| EOY | $1,025,200 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,502,907 | BOYAmt |
| EOY | $1,803,094 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $636,883 | BOYAmt |
| EOY | $1,142,397 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,139,790 | BOYAmt |
| EOY | $2,945,491 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,571,319 | BOYAmt |
| EOY | $3,970,691 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $724,342 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $88,919 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$7,560 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,962,003 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,151,927 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,807,873 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,085,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,831,690 | CurrentTaxYearAmt |
| Total | $18,838,543 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,962,003 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,151,927 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,807,873 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,085,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,831,690 | CurrentTaxYearAmt |
| Total | $18,838,543 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,661,542 | SubstantialContributorsTotAmt |
| Public Support Total170 | $17,177,001 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,066 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,291 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,496 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,128 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,928 | CurrentTaxYearAmt |
| Total | $107,909 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,946,452 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,122,744 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90660 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82740 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GREATER NEW ORLEANS DEVELOPMENT FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ADOPTED THE PROVISIONS OF ACS 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT OF GREATER NEW ORLEANS DEVELOPMENT FOUNDATION BELIEVE THERE IS NO MATERIAL UNCERTAIN TAX POSITION AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. WITH FEW EXCEPTIONS, GREATER NEW ORLEANS DEVELOPMENT FOUNDATION IS NOT SUBJECT TO UNITED STATES FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES BEYOND THREE YEARS FROM THE FILING OF THOSE RETURNS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BATON ROUGE AREA CHAMBER | ||||||||
| 564 LAUREL STREET | BATON ROUGE | LA | 70801 | 720126959 | 501(C)(6) | $400,877 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD FOR BUSINESS RECRUITMENT AND BRE SERVICES IN BATON ROUGE REGION; PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL, AND SUPPORT ACCROSS THE H2THEFUTURE PROJECTS |
| GREEN LIGHT NEW ORLEANS | ||||||||
| 8203 JEANNETTE ST | NEW ORLEANS | LA | 70118 | 208151937 | 501(C)(3) | $185,138 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDAEXECUTION OF ENERGY EFFICIENT CENTER PROGRAM FOR RESIDENTIAL AND SMALL COMMERCIAL EFFICIENCY |
| LOUISIANA CHAMBER OF COMMERCE FOUNDATION INC | ||||||||
| 3901 MACARTHUR BLVD | NEW ORLEANS | LA | 70114 | 832128501 | 501(C)(3) | $172,380 | $0 | EDA BBB PHASE 1 GRANT SUBAWARD TODEVELOP/CONTRIBUTE TO EDA H2THEFUTURE PHASE 2 APPLICATION COMPONENTS |
| LOUISIANA PAROLE PROJECT INC | ||||||||
| PO BOX 2029 | BATON ROUGE | LA | 70821 | 813399508 | 501(C)(3) | $8,575 | $0 | DRA DWP 2022-2024 PROJECT REBIRTH GRANT SUBAWARD |
| LOUISIANA STATE UNIVERSITY | ||||||||
| OFFICE OF ACCOUNTING SERVICE | BATON ROUGE | LA | 70803 | 726000848 | $94,151 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDALSU CARBON CAPTURE R&D; STUDENT INSTRUCTION; CORPORATE ENGAGEMENT; COMMUNITY ENGAGEMENT; PARTICPATION IN THE NEXUS UNIVERSITY COUNCIL | |
| OPPORTUNITY HUB | ||||||||
| 3786 PACES FERRY WEST | ATLANTA | GA | 30339 | 833260372 | 501(C)(3) | $771,257 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/CONTRIBUTE TO EDAH2THEFUTURE SOUTH LOUISIANA COALITION NEXUS PROGRAM- DELIVERY OF H2NEXUS INCLUSIVE ENTREPRENEURSHIP PROGRAM |
| SOUTHERN UNIVERSITY AND A&M COLLEGE | ||||||||
| 801 HARDING BLCD | BATON ROUGE | LA | 70807 | 726000817 | $129,814 | $0 | EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL | |
| SOUTHERN UNIVERSITY AT NEW ORLEANS | ||||||||
| 6801 PRESS DRIVE | NEW ORLEANS | LA | 70127 | 726000817 | $52,675 | $0 | EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL | |
| UNIVERSITY OF LOUISIANA AT LAFAYETTE | ||||||||
| PO BOX DRAWER 44290 ULL | LAFAYETTE | LA | 70504 | 726000820 | $209,388 | $0 | EDA BBB PHASE 2 GRANT SUBAWARDULL GH2CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL | |
| UNIVERSITY OF NEW ORLEANS | ||||||||
| 2021 LAKESHORE DRIVE 420 | NEW ORLEANS | LA | 70122 | 720702000 | $184,054 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMITUNO MARITIME CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL | |
| ONE ACADIANA INC | ||||||||
| 804 E ST MARY BLVD | LAFAYETTE | LA | 70503 | 720232780 | 501(C)(6) | $183,188 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN ACADIANA/LAFAYETTE REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL |
| SOUTH LOUISIANA ECONOMIC COUNCIL INC | ||||||||
| PO BOX 2048- NSU | THIBODAUX | LA | 70310 | 581641910 | 501(C)(3) | $111,695 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN THE BAYOU/HOUMA/TERREBONNE/LAFOURCHE REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL |
| SOUTHWEST LA ECONOMIC DEVELOPMENT ALLIANCE | ||||||||
| PO BOX 3110 | LAKE CHARLES | LA | 70602 | 720233565 | 501(C)(6) | $39,065 | $0 | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN THE LAKE CHARLES REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL |
| LOUISIANA BOARD OF REGENTS | ||||||||
| 1201 N THIRD ST SUITE 6-200 | BATON ROUGE | LA | 70802 | 726000720 | $25,000 | $0 | TO HELP DEVELOP, IMPROVE, AND FOSTER INVOLVEMENT OF BUSINESSES IN THE REGION TO HELP ADVANCE STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) EDUCATION IN THE REGION. | |
| ENTERGY CHARITABLE FOUNDATION | ||||||||
| 639 LOYOLA AVENUE L-ENT-14E | NEW ORLEANS | LA | 70113 | 710845366 | 501(C)(3) | $100,000 | $0 | IMPACT 59 SUPER BOWL LEGACY GRANT PROGRAM |
| NICHOLLS STATE UNIVERSITY | ||||||||
| 906 EAST 1ST STREET | THIBODAUX | LA | 70301 | 726011797 | $133,724 | $0 | EDA BBB PHASE 2 GRANT SUBAWARDNSU ENGINERRING TECHNOLOGY R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL | |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (1) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL HECHT | ||||||||||||||
| PRESIDENT & CEO | $0 | $587,396 | $0 | $250,000 | $0 | $13,817 | $0 | $10,350 | $0 | $35,234 | $0 | $896,797 | $0 | $0 |
| JOSHUA TATUM | ||||||||||||||
| VICE PRESIDENT OF BUSINESS | $137,521 | $0 | $0 | $0 | $96 | $0 | $4,275 | $0 | $10,175 | $0 | $152,067 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 8 | FormAndLineReferenceDesc |
| Explanation | THE CEO AND PRESIDENT OF THE ORGANIZATION, MICHAEL HECHT, HAS AN EMPLOYMENT CONTRACT WITH THE RELATED ORGANIZATION, GREATER NEW ORLEANS, INC. HIS BASE SALARY WAS APPROVED IN ADVANCE BY THE ORGANIZATION'S GOVERNING BODY THAT IS COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE ARRANGEMENT. THE GOVERNING BODY RELIED ON APPROPRIATE COMPARABLE DATA WHEN APPROVING THE COMPENSATION AND THE GOVERNING BODY ADEQUATELY DOCUMENTED ITS ACTIONS AT THE TIME. IN ADDITION, THE CONTRACT PROVIDES THAT HE HAS THE OPPORTUNITY FOR A BONUS AT THE DISCRETION OF THE BOARD OF DIRECTORS. WHEN DETERMINING THE AMOUNT OF THE BONUS, THE BOARD OF DIRECTORS TAKES INTO ACCOUNT HIS ACCOMPLISHMENTS THROUGHOUT THE YEAR AND RELIES ON APPROPRIATE COMPARABLE DATA. THE BOARD OF DIRECTORS IS COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE ARRANGEMENT AND THEY ADEQUATELY DOCUMENT THEIR ACTIONS AT THE TIME. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | AN INDEPENDENT CPA PREPARES THE FORM 990 AND REVIEWS IT WITH THE SENIOR VICE-PRESIDENT OF FINANCE AND ADMINISTRATION. THE SENIOR VICE-PRESIDENT OF FINANCE AND ADMINISTRATION REVIEWS FORM 990 WITH MANAGEMENT AND THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR THE ORGANIZATION REMINDS OFFICERS AND DIRECTORS TO REVIEW THE CONFLICT OF INTEREST POLICY AND REPORT ANY CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION INCREASES ARE BASED ON ANNUAL PERFORMANCE REVIEWS. ANY CHANGES IN COMPENSATION ARE APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS USED BY THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER NEW ORLEANS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 POYDRAS STREET STE 3475 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70163 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 720272090 | EIN |
| Primary Activities | REGIONAL PUBLIC POLICY ACTIVITIES | PrimaryActivitiesTxt |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(6) | ExemptCodeSectionTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GREATER NEW ORLEANS INC | ||
| R | $91,023 | CASH VALUE |
| GREATER NEW ORLEANS INC | ||
| S | $1,293,829 | CASH VALUE |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 2(1),(2): | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT FEES PAID AND RECEIVED WHICH INCLUDE SHARED EXPENSES FOR FACILITIES, EQUIPMENT, OTHER ASSETS, PAID EMPLOYEES AND REIMBURSED EXPENSES. | ExplanationTxt |
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