2013-11-14T17:12:32-06:00 2012-12-31 720870824 WEGMANN DAZET & COMPANY APC 111 VETERANS BLVD SUITE 800 METAIRIE LA 70005 990 2012-01-01 721177207 GREATER NEW ORLEANS DEVELOPMENT FOUNDATION GREA 5045276900 365 CANAL STREET NO 2300 NEW ORLEANS LA 70130 MICHAEL HECHT 5045276900 2013-09-10 1 JONATHAN P KOENIG P00623107 5048378844 2012 2016-02-24 21:20:13Z MICHAEL HECHT 365 CANAL STREET NO 2300 NEW ORLEANS LA 70130 3700112 0 X N/A X 1913 LA TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 9 8 10 8 0 0 1966082 3620070 1400 78123 1699 1919 0 0 1969181 3700112 0 100000 0 0 369122 667150 0 0 0 1452286 2688500 1821408 3455650 147773 244462 2091871 2503726 638097 805491 1453774 1698235 TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 0 0 3020442 100000 78123 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. 3020442 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 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 0 0 1 11 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 9 8 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 365 CANAL STREET SUITE 2300 NEW ORLEANS LA 70130 SUZANNE MESTAYER 1.00 X 0 0 0 WILLIAM OLIVER 1.00 X 0 0 0 KATHY HEBERT 1.00 X 0 0 0 CHRIS KANE 1.00 X 0 0 0 JAMES M HUDSON 1.00 X 0 0 0 LESLIE R JACOBS 10.00 X X 0 0 0 DALE BENOIT 1.00 X X 0 0 0 DAMON BURNS 1.00 X X 0 0 0 MICHAEL HECHT 40.00 X X 0 391653 7500 0 391653 7500 5 0 1 0 WAGGONNER & BALL ARCHITECTS APC 2200 PRYTANIA ST NEW ORLEANS LA 70130 CONSULTING SERVICES 1584717 1 1451766 1638207 530097 3620070 SPONSORSHIP INCOME 561499 69583 69583 NORLI 561499 7400 7400 EVENT REVENUE 561499 1140 1140 78123 1919 1919 3700112 78123 0 1919 X 100000 100000 611070 570151 40919 13972 12395 1577 42108 37184 4924 620166 326215 293951 2670 110 2560 3398 3398 1825293 1805543 19750 13605 11605 2000 18736 12273 6463 20497 20497 267 267 82529 77655 4874 41046 40163 883 36909 468 36441 PARKING 11120 11120 PAYROLL PROCESSING 3866 3866 AWARDS 3262 3262 TRAINING 2800 2800 2336 2654 -318 3455650 3020442 435208 0 1591226 2025033 500645 440109 38336 0 248 2091871 2503726 465071 797991 173026 7500 638097 805491 X 409561 199001 1044213 1499234 1453774 1698235 2091871 2503726 244462 0 X X 0 1 X 1 1 1 X 238740 710106 3178591 1966082 3620070 9713589 238740 710106 3178591 1966082 3620070 9713589 3445466 6268123 11743 203 2308 1699 1919 17872 9731461 79523 0.64410 0.60400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 6441 0 0 6441 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: SHOWING SUPPORT FOR OR AGAINST RULES AND LEGISLATION BY ATTENDING SPEECHES, LECTURES OR SIMILAR MEANS. 0 DUE TO AFFILIATE 7500 7500 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT OF THE FOUNDATION BELIEVES THERE IS NO MATERIAL UNCERTAIN TAX POSITION AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO UNITED STATES FEDERAL OR LOUISIANA STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2009. 1 NEW ORLEANS STARTUP FUND 365 CANAL STREET SUITE 2300 NEW ORLEANS LA 70130 271126668 501(C)(3) 100000 CREATE JOBS, WEALTH AND OPPORTUNITY IN THE GREATER NEW ORLEANS AREA. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANTEE SUBMITS SUPPORT TO AND REQUESTS REIMBURSEMENTS FROM GREATER NEW ORLEANS DEVELOPMENT FOUNDATION. APPROPRIATE FILES ARE MAINTAINED. THE GRANTEE COLLABORATES WITH GREATER NEW ORLEANS DEVELOPMENT FOUNDATION TO PREPARE WRITTEN RESPONSES FOR MONITORING LETTERS WITH THE STATE. X X 0 0 0 0 0 0 0 0 1 1 MICHAEL HECHT 0 275000 0 107653 0 9000 0 7500 0 0 0 399153 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 11 AN INDEPENDENT CPA PREPARES THE FORM 990 AND REVIEWS IT WITH THE CONTROLLER. THE CONTROLLER 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. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 1,730,653. MANAGEMENT AND GENERAL EXPENSES 19,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,750,403. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 74,890. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,890. 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 365 CANAL STREET SUITE 2300 NEW ORLEANS LA 70130 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 0 1 1 GREATER NEW ORLEANS INC R 519740 CASH VALUE GREATER NEW ORLEANS INC S 167164 CASH VALUE PART V, LINE 2(1): MANAGEMENT FEES WHICH INCLUDE SHARED EXPENSES FOR FACILITIES, EQUIPMENT, OTHER ASSETS, PAID EMPLOYEES AND REIMBURSED EXPENSES. PART V, LINE 2(2): GRANT REVENUE TRANSFERRED FROM RELATED ORGANIZATION.