2012-11-28T18:33:29-06:00 2011-12-31 720870824 WEGMANN DAZET & COMPANY APC 111 VETERANS BLVD SUITE 800 METAIRIE LA 70005 990 2011-01-01 721177207 GREATER NEW ORLEANS DEVELOPMENT FOUNDATION GREA 5045276900 365 CANAL STREET NO 2300 NEW ORLEANS LA 70130 MICHAEL HECHT 5045276900 2012-11-07 1 JONATHAN P KOENIG P00623107 5048378844 2011 2016-02-24 21:20:13Z MICHAEL HECHT 365 CANAL STREET NO 2300 NEW ORLEANS LA 70130 1969181 0 X N/A X 1913 LA TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 19 18 4 18 0 0 3171841 1966082 6750 1400 2308 1699 0 0 3180899 1969181 0 0 0 0 0 369122 0 0 0 1927311 1452286 1927311 1821408 1253588 147773 1534456 2091871 228455 638097 1306001 1453774 TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA. 0 0 1764981 1400 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. 1764981 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 6 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 LA X JEFF TEAGUE 5045276900 365 CANAL STREET SUITE 2300 NEW ORLEANS LA 70130 PATRICIA LEBLANC 1.00 X 0 0 0 JAMES M HUDSON 1.00 X 0 0 0 GREGORY RUSOVICH 1.00 X 0 0 0 WOODY OGE 1.00 X 0 0 0 RONNIE SLONE 1.00 X 0 0 0 DALE BENOIT 1.00 X X 0 0 0 MATTHEW WISDOM 1.00 X 0 0 0 STEVEN C HEMPERLEY 1.00 X X 0 0 0 LESLIE R JACOBS 10.00 X X 0 0 0 BRENT WOOD 1.00 X 0 0 0 JOHN F LITTLE III 1.00 X 0 0 0 GARY SILBERT 1.00 X 0 0 0 LIZETTE M TERRAL 1.00 X 0 0 0 RICHARD MONTGOMERY 1.00 X 0 0 0 ROY GLAPION 1.00 X 0 0 0 WILLIAM H LANGENSTEIN III 1.00 X 0 0 0 GUY WILLIAMS 1.00 X 0 0 0 MICHAEL HECHT 40.00 X X 0 398205 9962 GARY LORIO 1.00 X 0 0 0 0 398205 9962 0 0 1 0 0 381500 953150 631432 1966082 SPONSORSHIP INCOME 900099 1400 1400 1400 1699 1699 1969181 1400 0 1699 340240 336787 3453 7880 7880 21002 21002 626896 626896 14324 14324 2982 2982 766263 766263 196 196 10402 9796 606 701 701 4035 3509 526 TRAINING 21989 6705 15284 MISCELLANEOUS EXPENSE 4498 4498 1821408 1764981 56427 0 1378456 1591226 156000 500645 1534456 2091871 195000 465071 8369 25086 173026 228455 638097 X -145386 409561 1451387 1044213 1306001 1453774 1534456 2091871 147773 0 X X 0 1 1 X 1 1 X 403756 238740 710106 3178591 1966082 6497275 403756 238740 710106 3178591 1966082 6497275 2554569 3942706 14287 11743 203 2308 1699 30240 6527515 1400 0.60400 0.99450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 8406 0 0 8406 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 173026 173026 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2008. X X 0 0 0 0 0 0 0 0 1 1 MICHAEL HECHT 0 255858 0 142347 0 0 0 9962 0 0 0 408167 0 0 PART I, LINE 8 THE CEO AND PRESIDENT OF THE ORGANIZATION, MICHAEL HECHT, HAS AN EMPLOYEMENT 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 THIER 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 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 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 1 1 1 0 1 0 GREATER NEW ORLEANS INC Q 439552 CASH VALUE PART V, LINE 2(1): MANAGEMENT FEES OF $439,552 INCLUDE SHARED EXPENSES FOR FACILITIES, EQUIPMENT, OTHER ASSETS, PAID EMPLOYEES AND REIMBURSED EXPENSES.