2025-11-17T09:22:08-06:00 2024-12-31 720870824 WEGMANN DAZET APC 111 VETERANS BLVD SUITE 1600 METAIRIE LA 70005 990 2024-01-01 721177207 GREATER NEW ORLEANS DEVELOPMENT FOUNDATION GREA 5045276900 1100 POYDRAS STREET 3475 NEW ORLEANS LA 70163 MICHAEL HECHT PRESIDENT & CEO 5045276900 2025-11-13 1 0 JONATHAN P KOENIG P91752990 5048378844 2024 2025-03-06 01:10:19Z MICHAEL HECHT 1100 POYDRAS STREET 3475 NEW ORLEANS LA 70163 7212232 0 X WWW.GNOINC.ORG X 1913 LA TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 8 7 14 7 0 0 5085050 6831690 245521 325659 134677 54883 0 0 5465248 7212232 1767486 2802617 0 0 1266078 1169460 0 0 0 2369936 2515813 5403500 6487890 61748 724342 3571319 3970691 1431529 1025200 2139790 2945491 TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 0 0 6032661 2802617 325659 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. 6032661 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 41 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 LA X JEFF TEAGUE 5045276900 1100 POYDRAS STREET SUITE 3475 NEW ORLEANS LA 70163 RICHARD F CORTIZAS BOARD CHAIR 1.00 1.00 X X 0 0 0 JULIE STOKES SECRETARY & TREASURER 1.00 X X 0 0 0 DALE BENOIT MEMBER 1.00 1.00 X 0 0 0 WAYNE CONNER MEMBER 1.00 X 0 0 0 TARA CARTER HERNANDEZ MEMBER 1.00 1.00 X 0 0 0 MARINA MANZANARES MEMBER 1.00 1.00 X 0 0 0 GUY WILLIAMS MEMBER 1.00 1.00 X 0 0 0 MICHAEL HECHT PRESIDENT & CEO 1.00 40.00 X 0 851213 45584 JOSHUA TATUM VICE PRESIDENT OF BUSINESS 40.00 X 137617 0 14450 LACY MCMANUS EXECUTIVE DIRECTOR OF FUTU 40.00 X 123686 0 19315 BRANDON WILLIAMS DIRECTOR OF FINANCE AND AD 40.00 X 105079 0 11378 366382 851213 90727 3 0 1 0 NEWLAB LLC 19 MORRIS AVE BROOKLYN NY 11205 CONSULTING 346487 1 4334989 2496701 6831690 SPONSORSHIP 900099 205967 205967 MANAGEMENT FEES 561499 111023 111023 WORKFORCE SUMMIT 900099 8669 8669 325659 54883 54883 7212232 325659 0 54883 2802617 2802617 1001330 1001330 29450 29450 68900 68900 69780 69780 1293829 977326 316503 3250 3250 624409 615674 8735 1449 1449 18224 12981 5243 27103 27103 138985 125195 13790 188609 185124 3485 DEVELOPMENT 145197 145197 BAD DEBT EXPENSE 47500 47500 PARKING 19660 19660 DUES & SUBSCRIPTIONS 3928 3920 8 3670 1136075 -1132405 6487890 6032661 455229 0 42585 2539 1000965 1335976 1511655 1490748 1016114 1127428 0 14000 3571319 3970691 1171732 999374 259797 25826 1431529 1025200 X 1502907 1803094 636883 1142397 2139790 2945491 3571319 3970691 724342 88919 -7560 0 X X 0 1 X 1 1 1 X 1962003 2151927 2807873 5085050 6831690 18838543 1962003 2151927 2807873 5085050 6831690 18838543 1661542 17177001 7066 60291 2496 13128 24928 107909 18946452 1122744 0.90660 0.82740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: 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. 1 BATON ROUGE AREA CHAMBER 564 LAUREL STREET BATON ROUGE LA 70801 720126959 501(C)(6) 400877 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) 185138 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) 172380 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) 8575 0 DRA DWP 2022-2024 PROJECT REBIRTH GRANT SUBAWARD LOUISIANA STATE UNIVERSITY OFFICE OF ACCOUNTING SERVICE BATON ROUGE LA 70803 726000848 94151 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) 771257 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 129814 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 52675 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 209388 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 184054 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) 183188 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) 111695 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) 39065 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 25000 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) 100000 0 IMPACT 59 SUPER BOWL LEGACY GRANT PROGRAM NICHOLLS STATE UNIVERSITY 906 EAST 1ST STREET THIBODAUX LA 70301 726011797 133724 0 EDA BBB PHASE 2 GRANT SUBAWARDNSU ENGINERRING TECHNOLOGY R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL X X X 0 1 0 0 0 0 0 0 1 1 MICHAEL HECHT PRESIDENT & CEO 0 587396 0 250000 0 13817 0 10350 0 35234 0 896797 0 0 JOSHUA TATUM VICE PRESIDENT OF BUSINESS 137521 0 0 0 96 0 4275 0 10175 0 152067 0 0 0 PART I, LINE 8 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. 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. GREATER NEW ORLEANS INC 1100 POYDRAS STREET STE 3475 NEW ORLEANS LA 70163 720272090 REGIONAL PUBLIC POLICY ACTIVITIES LA 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 GREATER NEW ORLEANS INC R 91023 CASH VALUE GREATER NEW ORLEANS INC S 1293829 CASH VALUE PART V, LINE 2(1),(2): MANAGEMENT FEES PAID AND RECEIVED WHICH INCLUDE SHARED EXPENSES FOR FACILITIES, EQUIPMENT, OTHER ASSETS, PAID EMPLOYEES AND REIMBURSED EXPENSES.