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Nonprofiteer
← GREATER NEW ORLEANS INC

Form 990 for tax year 2024

Filed by GREATER NEW ORLEANS INC.

Totals

Total revenue
$8,871,858
Total expenses
$9,153,992
Contributions and grants received
$6,326,200
Grants paid
$0
Program service revenue
$2,527,361
Investment income
$18,297
Other revenue
$0
Total assets, end of year
$4,593,101
Total liabilities, end of year
$3,124,785
Net assets or fund balances, end of year
$1,468,316
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,663,670

  • 1e · Government grants (contributions)

    $4,662,530

  • 2a · Program service revenue: MANAGEMENT INCOME

    total $1,584,329 · related or exempt $1,584,329

  • 2b · Program service revenue: SPONSORSHIP REVENUE

    total $477,616 · related or exempt $477,616

  • 2c · Program service revenue: MEMBERSHIP DUES

    total $270,830 · related or exempt $270,830

  • 2d · Program service revenue: EVENT REVENUE

    total $144,587 · related or exempt $144,587

  • 2e · Program service revenue: FEE REVENUE

    total $49,999 · related or exempt $49,999

  • 3 · Investment income

    total $18,297 · excluded $18,297

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $851,212

  • 7 · Other salaries and wages

    total $1,937,005

  • 8 · Pension plan contributions

    total $81,349

  • 9 · Other employee benefits

    total $95,051

  • 10 · Payroll taxes

    total $170,160

  • 11a · Fees: management

    total $91,023

  • 11b · Fees: legal

    total $9,579

  • 11c · Fees: accounting

    total $33,282

  • 11g · Fees: other

    total $1,531,878

  • 12 · Advertising and promotion

    total $164,059

  • 13 · Office expenses

    total $264,512

  • 14 · Information technology

    total $147,427

  • 16 · Occupancy

    total $238,783

  • 17 · Travel

    total $239,528

  • 19 · Conferences, conventions and meetings

    total $1,964,049

  • 22 · Depreciation, depletion and amortization

    total $42,832

  • 23 · Insurance

    total $23,009

  • 24a · Other expenses: DEVELOPMENT

    total $755,203

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $383,595

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $101,473

  • 24d · Other expenses: AWARDS

    total $20,383

  • 24e · All other expenses

    total $8,600

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $550,342 · end of year $1,072,238

  • 4 · Accounts receivable

    beginning of year $1,832,658 · end of year $2,449,070

  • 9 · Prepaid expenses and deferred charges

    beginning of year $79,243 · end of year $22,828

  • 10a · Land, buildings and equipment: cost or other basis

    $399,956

  • 10b · Land, buildings and equipment: accumulated depreciation

    $357,337

  • 10c · Land, buildings and equipment, net

    beginning of year $79,631 · end of year $42,619

  • 15 · Other assets

    beginning of year $1,070,912 · end of year $1,006,346

  • 17 · Accounts payable and accrued expenses

    beginning of year $527,229 · end of year $1,155,538

  • 19 · Deferred revenue

    beginning of year $304,274 · end of year $997,416

  • 25 · Other liabilities

    beginning of year $1,048,813 · end of year $971,831

  • 27 · Net assets without donor restrictions

    beginning of year $1,732,470 · end of year $1,468,316

Mission and programs · 2024

Mission

TO SPEARHEAD ECONOMIC DEVELOPMENT FOR THE TEN PARISH GREATER NEW ORLEANS REGION BY CREATING A FAVORABLE BUSINESS ENVIRONMENT THAT FOSTERS ECONOMIC GROWTH.

Activities or mission (Part I)

OUR MISSION IS TO SERVE AS THE CATALYST FOR WEALTH CREATION IN THE 10 PARISH REGION OF SOUTHEASTERN LOUISIANA. GNO, INC. WILL ACCOMPLISH THIS BY PURSUING AN AGGRESSIVE AGENDA OF BUSINESS DEVELOPMENT MARKETING THE REGION AND PRODUCT DEVELOPMENT IMPROVING REGIONAL BUSINESS CONDITIONS THROUGH POLICY, WORKFORCE, AND RESEARCH INITIATIVES.

  • REGIONAL PUBLIC POLICY ACTIVITIES: WORKS WITH THE STATE AND LOCAL GOVERNMENTS TO CREATE A MORE FAVORABLE BUSINESS CLIMATE AND ELIMINATE IMPEDIMENTS OF BUSINESS EXPANSION.

  • REGIONAL WORKFORCE DEVELOPMENT ACTIVITIES: FOSTERS WORKFORCE DEVELOPMENT AND COORDINATES LOCAL, STATE AND FEDERAL PROGRAMS FROM A REGIONAL APPROACH.

  • REGIONAL JOB DEVELOPMENT ACTIVITIES: FOCUSES ON ATTRACTING NEW BUSINESS TO THE REGION WITH A GREATER FOCUS ON EXPANDING EXISTING BUSINESSES THROUGH INDUSTRY CLUSTER APPROACHES, ENTREPRENEURSHIP AND BUSINESS RETENTION EFFORTS.

As filed on the 2024 return.

Listed in Part VII

  • Michael Hecht

    PRESIDENT & CEO

    Total calculated
    $896,797
    From this org
    $851,213
    From related orgs
    $0
    Other
    $45,584
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $587,396
    Bonus
    $250,000
    Other
    $13,817
    Deferred
    $10,350
    Nontaxable benefits
    $35,234
    Filer's total
    $896,797
  • Christopher J Kane

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Leah Brown

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Kim M Boyle

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jim Cook

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard F Cortizas

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Patrick Comer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tommy Faucheux

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Todd C James

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gf Gay Le Breton

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Marina Manzanares

    NEXTGEN COUNCIL IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Paul Matthews

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aimee Quirk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Saacks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Guy Williams

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John J Zollinger IV

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tony Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kristi App

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ryan Burks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jaimme A Collins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lacey Merrick Conway

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Deblieux

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John L Donahue III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Ellison-Frost

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Greg Feirn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ken Flower

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jared Freeman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steven A Friedman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Todd Fuller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacy Gautreau

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lauren Gibbs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ben Hales

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Liz Hefler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andy Kopplin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anne Teague Landis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Louis Lauricella

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tandra Lemay

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • William Lemoine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ronnie Mains

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matt Mancheski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Matessino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phillip R May

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jude Melville

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chrystal Morgan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patrick Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Daniel Padilla

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anthony Pope

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • E Fredrick Preis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Graham Ralston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christopher Reade

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Deanna Rodriguez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Rosenboom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian J Rotolo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shelby Russ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eric Schouest

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrew Sheppard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael J Siegel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Glen Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Stadler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dana R Stumpf

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Neel Sus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Tillman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Townsend Underhill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dan Wagner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott T Whittaker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Courtney Woolley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dale Benoit

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Maura W Donahue

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Philip J Gunn

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Tara Carter Hernandez

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • William H Hines

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • William D Hoffman

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • James M Hudson

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Leslie R Jacobs

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Patricia Leblanc

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Martin A Mayer

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Suzanne Mestayer

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • William A Oliver

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Patrick Quinlan

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Gregory R Rusovich

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • William Henry Shane Jr

    PAST CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Jon Atkinson

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Bret Clesi

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Pete Dufresne

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Lee Giorgio

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Merritt Lane

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Jay Lapeyre

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Walt Leger III

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Ti Martin

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Roger Ogden

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Katie Klibert

    HONORARY ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • James H Ammons

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • James Carlson

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Xavier Cole

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Michael A Fitts

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Rochelle L Ford

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Kathy Johnson

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Larissa Littleton-Steib

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Stanton F McNeely III

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Steve Nelson

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Quintin D Taylor

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Tina Tinney

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • C Reynold Verret

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • William Wainright

    UNIVERSITY EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Sara Bradford

    CHIEF OPERATING OFFICER

    Total calculated
    $223,740
    From this org
    $207,087
    From related orgs
    $0
    Other
    $16,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,770
    Bonus
    $10,000
    Other
    $1,317
    Deferred
    $6,050
    Nontaxable benefits
    $10,603
    Filer's total
    $223,740
  • Jeffray Teague

    SENIOR VICE PRESIDENT OF ADMINISTRATION

    Total calculated
    $211,680
    From this org
    $194,582
    From related orgs
    $0
    Other
    $17,098
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,057
    Bonus
    $0
    Other
    $1,525
    Deferred
    $5,925
    Nontaxable benefits
    $11,173
    Filer's total
    $211,680
  • Matthew Wolfe

    SENIOR VICE PRESIDENT OF COMMUNICATIONS

    Total calculated
    $188,099
    From this org
    $165,473
    From related orgs
    $0
    Other
    $22,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,938
    Bonus
    $0
    Other
    $2,535
    Deferred
    $5,250
    Nontaxable benefits
    $17,376
    Filer's total
    $188,099
  • Joshua Fleig

    SENIOR VICE PRESIDENT OF BUSINESS DEVELOPMENT

    Total calculated
    $115,390
    From this org
    $107,948
    From related orgs
    $0
    Other
    $7,442
    Hours/week
    40
  • Jasmine Brown

    CHIEF OF EXTERNAL AFFAIRS

    Total calculated
    $210,029
    From this org
    $196,738
    From related orgs
    $0
    Other
    $13,291
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,956
    Bonus
    $0
    Other
    $3,782
    Deferred
    $5,950
    Nontaxable benefits
    $7,341
    Filer's total
    $210,029
  • Harrison Crabtree

    DIRECTOR, WORLD TRADE OF NEW ORLEANS

    Total calculated
    $113,363
    From this org
    $103,767
    From related orgs
    $0
    Other
    $9,596
    Hours/week
    40
  • Grady Fitzpatrick

    CHIEF BUSINESS DEVELOPMENT OFFICER

    Total calculated
    $109,538
    From this org
    $106,521
    From related orgs
    $0
    Other
    $3,017
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533219349304278

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