Civic Intelligence

Greater New Orleans Development

EIN 72-1177207 • 501(c)3 • New Orleans, LA

Profile

To foster regional economic development and create quality jobs within the metropolitan new orleans area.

1100 Poydras Street 3475New Orleans, LA 70163

www.gnoinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.26x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.14x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

22%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

88th percentile

60%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$3,970,691

Up $399,372 (+11%) from 2023

Liabilities

Down

$1,025,200

Down $406,329 (-28%) from 2023

Net Assets

Up

$2,945,491

Up $805,701 (+38%) from 2023

Operations
Liabilities / Revenue48th percentileNet Margin61st percentile

Revenue

Up

$7,212,232

Up $1,746,984 (+32%) from 2023

Expenses

Up

$6,487,890

Up $1,084,390 (+20%) from 2023

Net Income

Up

$724,342

Up $662,594 (+1073%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,091,871Liabilities 2011: $638,097Net Assets 2011: $1,453,7742011Assets 2012: $2,503,726Liabilities 2012: $805,491Net Assets 2012: $1,698,2352012Assets 2013: $2,022,520Liabilities 2013: $483,664Net Assets 2013: $1,538,8562013Assets 2014: $1,896,780Liabilities 2014: $398,389Net Assets 2014: $1,498,3912014Assets 2015: $2,531,535Liabilities 2015: $439,610Net Assets 2015: $2,091,9252015Assets 2016: $2,675,443Liabilities 2016: $632,911Net Assets 2016: $2,042,5322016Assets 2017: $2,059,780Liabilities 2017: $364,420Net Assets 2017: $1,695,3602017Assets 2018: $2,302,814Liabilities 2018: $316,363Net Assets 2018: $1,986,4512018Assets 2019: $2,412,036Liabilities 2019: $474,995Net Assets 2019: $1,937,0412019Assets 2020: $2,735,632Liabilities 2020: $502,435Net Assets 2020: $2,233,1972020Assets 2021: $2,887,646Liabilities 2021: $523,399Net Assets 2021: $2,364,2472021Assets 2022: $2,647,279Liabilities 2022: $569,237Net Assets 2022: $2,078,0422022Assets 2023: $3,571,319Liabilities 2023: $1,431,529Net Assets 2023: $2,139,7902023Assets 2024: $3,970,691Liabilities 2024: $1,025,200Net Assets 2024: $2,945,4912024

Highlighted filing

2024

Assets$3,970,691
Liabilities$1,025,200
Net Assets$2,945,491
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,969,181Expenses 2011: $1,821,408Net Income 2011: $147,7732011Revenue 2012: $3,700,112Expenses 2012: $3,455,650Net Income 2012: $244,4622012Revenue 2013: $2,573,156Expenses 2013: $2,732,535Net Income 2013: -$159,3792013Revenue 2014: $2,449,385Expenses 2014: $2,489,850Net Income 2014: -$40,4652014Revenue 2015: $2,776,724Expenses 2015: $2,183,190Net Income 2015: $593,5342015Revenue 2016: $1,732,945Expenses 2016: $1,781,709Net Income 2016: -$48,7642016Revenue 2017: $1,743,542Expenses 2017: $2,092,641Net Income 2017: -$349,0992017Revenue 2018: $1,705,321Expenses 2018: $1,414,232Net Income 2018: $291,0892018Revenue 2019: $1,772,098Expenses 2019: $1,821,508Net Income 2019: -$49,4102019Revenue 2020: $2,122,126Expenses 2020: $1,825,970Net Income 2020: $296,1562020Revenue 2021: $2,426,633Expenses 2021: $2,295,583Net Income 2021: $131,0502021Revenue 2022: $2,831,617Expenses 2022: $3,117,822Net Income 2022: -$286,2052022Revenue 2023: $5,465,248Expenses 2023: $5,403,500Net Income 2023: $61,7482023Revenue 2024: $7,212,232Expenses 2024: $6,487,890Net Income 2024: $724,3422024

Highlighted filing

2024

Revenue$7,212,232
Expenses$6,487,890
Net Income$724,342
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,970,691
Liabilities
$1,025,200
Net assets
$2,945,491
Revenue
$7,212,232
Expenses
$6,487,890
Net income
$724,342
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.03$2.95$7.21$6.49$0.72
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$1.43$2.14$5.47$5.40$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.57$2.08$2.83$3.12$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.52$2.36$2.43$2.30$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.50$2.23$2.12$1.83$0.30
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.47$1.94$1.77$1.82$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.32$1.99$1.71$1.41$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.36$1.70$1.74$2.09$0.35
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.63$2.04$1.73$1.78$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.53$0.44$2.09$2.78$2.18$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.40$1.50$2.45$2.49$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.02$0.48$1.54$2.57$2.73$0.16
2012Summary only. Only limited summary data is available for this year.$2.50$0.81$1.70$3.70$3.46$0.24
2011Summary only. Only limited summary data is available for this year.$2.09$0.64$1.45$1.97$1.82$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$7,212,232
Mission and Program Overview

Mission

To foster regional economic development and create quality jobs within the metropolitan new orleans area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,511,655$1,490,748▼ $20,907
Savings and Temporary Cash Investments$1,000,965$1,335,976▲ $335,011
Investments in Publicly Traded Securities$1,016,114$1,127,428▲ $111,314
Cash and Non-Interest-Bearing Accounts$42,585$2,539▼ $40,046
Total Assets$3,571,319$3,970,691▲ $399,372
Other Assets Total$0$14,000▲ $14,000
Liabilities
Accounts Payable and Accrued Expenses$1,171,732$999,374▼ $172,358
Deferred Revenue$259,797$25,826▼ $233,971
Total Liabilities$1,431,529$1,025,200▼ $406,329
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,502,907$1,803,094▲ $300,187
Net Assets With Donor Restrictions$636,883$1,142,397▲ $505,514
Total Net Assets Fund Balance$2,139,790$2,945,491▲ $805,701
Total Liabilities and Net Assets / Fund Balance$3,571,319$3,970,691▲ $399,372
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joshua TatumVice President of BusinessFT$137,521$14,546$152,067
Lacy McmanusExecutive Director of FutuFT$123,686$19,315$143,001
Brandon WilliamsDirector of Finance and AdFT$105,079$11,378$116,457

Board Members and Trustees

NameTitle
Richard F CortizasBoard Chair
Michael HechtPresident & CEO
Dale BenoitMember
Guy WilliamsMember
Marina ManzanaresMember
Tara Carter HernandezMember
Wayne ConnerMember
Julie StokesSecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Newlab LLCConsulting19 MORRIS AVE, Brooklyn, NY 11205$346,487
Revenue and Support

Revenue Composition

Contributions and Grants
$6,831,690
Program Service Revenue
$325,659
Investment Income
$54,883
Other Revenue
$0
All Other Contributions
$2,496,701
Change in Net Assets
$724,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,802,617
Other Expenses$2,515,813
Salaries, Compensation, and Employee Benefits$1,169,460
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,802,617--$2,802,617
Fees for Services Management$977,326$316,503-$1,293,829
Other Salaries and Wages-$1,001,330-$1,001,330
Fees for Services Other$615,674$8,735-$624,409
Conferences and Meetings$185,124$3,485-$188,609
Travel$125,195$13,790-$138,985
Payroll Taxes-$69,780-$69,780
Other Employee Benefits-$68,900-$68,900
Pension Plan Contributions-$29,450-$29,450
Information Technology$27,103--$27,103
Office Expenses$12,981$5,243-$18,224
Other Expenses$3,920$8-$3,928
All Other Expenses$1,136,075$-1,132,405-$3,670
Fees for Services Accounting-$3,250-$3,250
Advertising$1,449--$1,449
Total Functional Expenses$6,032,661$455,229$0$6,487,890
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Opportunity HubAtlanta, GA501(c)(6)Eda Bbb Phase 2 Grant Subaward to Develop/contribute to Edah2thefuture South Louisiana Coalition Nexus Program- Delivery of H2nexus Inclusive Entrepreneurship Program$771,257
Baton Rouge Area ChamberBaton Rouge, LA501(c)(6)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$400,877
University of Louisiana at LafayetteLafayette, LA501(c)(3)EDA BBB PHASE 2 GRANT SUBAWARDULL GH2CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL$209,388
Green Light New OrleansNew Orleans, LA501(c)(3)Eda Bbb Phase 2 Grant Subaward to Develop/submit Edaexecution of Energy Efficient Center Program for Residential and Small Commercial Efficiency$185,138
University of New OrleansNew Orleans, LA-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$184,054
One Acadiana IncLafayette, LA-Eda Bbb Phase 2 Grant Subaward to Develop/submit Edabusiness Recruitment and Bre Services in Acadiana/lafayette Region. Participation in the Nexus Industry Council$183,188
Louisiana Chamber of Commerce Foundation IncNew Orleans, LA501(c)(3)Eda Bbb Phase 1 Grant Subaward Todevelop/contribute to Eda H2thefuture Phase 2 Application Components$172,380
Nicholls State UniversityThibodaux, LA-EDA BBB PHASE 2 GRANT SUBAWARDNSU ENGINERRING TECHNOLOGY R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL$133,724
Southern University and A&m CollegeBaton Rouge, LA501(c)(3)EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL$129,814
South Louisiana Economic Council IncThibodaux, LA-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$111,695
Entergy Charitable FoundationNew Orleans, LA-Impact 59 Super Bowl Legacy Grant Program$100,000
Louisiana State UniversityBaton Rouge, LA501(c)(3)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$94,151
Southern University at New OrleansNew Orleans, LA501(c)(6)EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL$52,675
Southwest La Economic Development AllianceLake Charles, LA-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$39,065
Louisiana Board of RegentsBaton Rouge, LA-To Help Develop, Improve, and Foster Involvement of Businesses in the Region to Help Advance Stem (science, Technology, Engineering, Mathematics) Education in the Region.$25,000
Louisiana Parole Project IncBaton Rouge, LA501(c)(3)Dra Dwp 2022-2024 Project Rebirth Grant Subaward$8,575
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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.”

Filing and Contact Details

Filer

Filer Name
Greater New Orleans Development
EIN
72-1177207
Phone
5045276900
Address
1100 POYDRAS STREET 3475, NEW ORLEANS, LA 70163

Signing Officer

Name
Michael Hecht
Title
President & CEO
Phone
5045276900
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hecht
Formed
1913
Legal Domicile
La
Voting Board Members
8
Independent Board Members
7
Employees
14
Volunteers
7

Preparer

Firm
Wegmann Dazet Apc
Address
111 VETERANS BLVD SUITE 1600, METAIRIE, LA 70005
Preparer
Jonathan P Koenig
Phone
5048378844
Supplemental Narrative

Additional Explanations

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.”

Financial Statement Notes

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.”

Raw XML AppendixShowing 400 of 683 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt01449
IRS990/AdvertisingGrp/TotalAmt01449
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IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
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IRS990/DelegationOfMgmtDutiesInd00
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt745584
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt814450
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt919315
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1011378
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD F CORTIZAS
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIE STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE BENOIT
IRS990/Form990PartVIISectionAGrp/PersonNm3WAYNE CONNER
IRS990/Form990PartVIISectionAGrp/PersonNm4TARA CARTER HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm5MARINA MANZANARES
IRS990/Form990PartVIISectionAGrp/PersonNm6GUY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL HECHT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSHUA TATUM
IRS990/Form990PartVIISectionAGrp/PersonNm9LACY MCMANUS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRANDON WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8137617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9123686
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10105079
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7851213
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT OF BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR OF FUTU
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF FINANCE AND AD
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01913
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt04334989
IRS990/GrantAmt02802617
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02802617
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02802617
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07212232
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt027103
IRS990/InformationTechnologyGrp/TotalAmt027103
IRS990/InvestmentExpenseAmt0-7560
IRS990/InvestmentIncomeGrp/ExclusionAmt054883
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054883
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01016114
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01127428
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02139790
IRS990/NetAssetsOrFundBalancesEOYAmt02945491
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt088919
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01502907
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01803094
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05243
IRS990/OfficeExpensesGrp/ProgramServicesAmt012981
IRS990/OfficeExpensesGrp/TotalAmt018224
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt014000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt068900
IRS990/OtherEmployeeBenefitsGrp/TotalAmt068900
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2PARKING
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119660
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28
IRS990/OtherExpensesGrp/ProgramServicesAmt0145197
IRS990/OtherExpensesGrp/ProgramServicesAmt13920
IRS990/OtherExpensesGrp/TotalAmt0145197
IRS990/OtherExpensesGrp/TotalAmt147500
IRS990/OtherExpensesGrp/TotalAmt219660
IRS990/OtherExpensesGrp/TotalAmt33928
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01001330
IRS990/OtherSalariesAndWagesGrp/TotalAmt01001330
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt069780
IRS990/PayrollTaxesGrp/TotalAmt069780
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt029450
IRS990/PensionPlanContributionsGrp/TotalAmt029450
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL HECHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2WORKFORCE SUMMIT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0205967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1111023
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0205967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1111023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28669
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05085050
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01767486
IRS990/PYInvestmentIncomeAmt0134677
IRS990/PYOtherExpensesAmt02369936
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0245521
IRS990/PYRevenuesLessExpensesAmt061748
IRS990/PYSalariesCompEmpBnftPaidAmt01266078
IRS990/PYTotalExpensesAmt05403500
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05465248
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0724342
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0325659
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01000965
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01335976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06831690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05085050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02807873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02151927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01962003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018838543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt060291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07066
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0107909
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01122744
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90660
IRS990ScheduleA/PublicSupportPY170Pct00.82740
IRS990ScheduleA/PublicSupportTotal170Amt017177001
IRS990ScheduleA/SubstantialContributorsTotAmt01661542
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06831690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05085050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02807873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02151927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01962003
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018838543
IRS990ScheduleA/TotalSupportAmt018946452
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GREATER 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0400877
IRS990ScheduleI/RecipientTable/CashGrantAmt1185138
IRS990ScheduleI/RecipientTable/CashGrantAmt2172380
IRS990ScheduleI/RecipientTable/CashGrantAmt38575
IRS990ScheduleI/RecipientTable/CashGrantAmt494151
IRS990ScheduleI/RecipientTable/CashGrantAmt5771257
IRS990ScheduleI/RecipientTable/CashGrantAmt6129814
IRS990ScheduleI/RecipientTable/CashGrantAmt752675
IRS990ScheduleI/RecipientTable/CashGrantAmt8209388
IRS990ScheduleI/RecipientTable/CashGrantAmt9184054
IRS990ScheduleI/RecipientTable/CashGrantAmt10183188
IRS990ScheduleI/RecipientTable/CashGrantAmt11111695
IRS990ScheduleI/RecipientTable/CashGrantAmt1239065
IRS990ScheduleI/RecipientTable/CashGrantAmt1325000
IRS990ScheduleI/RecipientTable/CashGrantAmt14100000
IRS990ScheduleI/RecipientTable/CashGrantAmt15133724
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(6)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(6)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDA 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
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDAEXECUTION OF ENERGY EFFICIENT CENTER PROGRAM FOR RESIDENTIAL AND SMALL COMMERCIAL EFFICIENCY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDA BBB PHASE 1 GRANT SUBAWARD TODEVELOP/CONTRIBUTE TO EDA H2THEFUTURE PHASE 2 APPLICATION COMPONENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3DRA DWP 2022-2024 PROJECT REBIRTH GRANT SUBAWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4EDA 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
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/CONTRIBUTE TO EDAH2THEFUTURE SOUTH LOUISIANA COALITION NEXUS PROGRAM- DELIVERY OF H2NEXUS INCLUSIVE ENTREPRENEURSHIP PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8EDA BBB PHASE 2 GRANT SUBAWARDULL GH2CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9EDA 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
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDABUSINESS RECRUITMENT AND BRE SERVICES IN ACADIANA/LAFAYETTE REGION. PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL

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