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Greater New Orleans Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721177207 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Greater New Orleans Development Foundation?

The Greater New Orleans Development Foundation, situated in New Orleans, Louisiana, serves as a catalyst for economic growth and enhances the quality of life in Southeastern Louisiana's ten parishes. Acting as a vital partner in regional economic development, the foundation aims to generate new employment opportunities through various job initiatives. Additionally, it prioritizes improving the quality and quantity of employment by focusing on workforce development. The organization also champions economic planning and development through public awareness and communications, aiming to create high-quality jobs within the metropolitan New Orleans area. With a modest workforce of 12 individuals, the Greater New Orleans Development Foundation is committed to boosting the local economy.


Official website here: www.gnoinc.org

Is Greater New Orleans Development Foundation legitimate?

Greater New Orleans Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater New Orleans Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $669,312

For more financial information, click here


Official website here: www.gnoinc.org

What is the mission statement of Greater New Orleans Development Foundation?

The Greater New Orleans Development Foundation's mission is centered around fostering economic development within the metropolitan New Orleans area. Their primary objective is to create high-quality job opportunities. As a catalyst for growth, the foundation works towards enhancing the quality of life in the region by collaborating with development allies. They achieve this through various initiatives, such as providing a base for new employment, improving the quality and quantity of existing jobs, and promoting economic planning and development through public awareness and communications. In essence, the foundation is dedicated to boosting the local economy and creating sustainable job opportunities for the community.


Official website here: www.gnoinc.org

Who is the CEO of Greater New Orleans Development Foundation?

Michael Hecht is the Member of Greater New Orleans Development Foundation. The CEO's salary of Greater New Orleans Development Foundation is $0 and their total compensation is $768,087.


Official website here: www.gnoinc.org

What is the revenue of Greater New Orleans Development Foundation?

Greater New Orleans Development Foundation's revenue in 2022 was $2,831,617.


Official website here: www.gnoinc.org

Who are the executives of Greater New Orleans Development Foundation and what are their salaries?

The average compensation at Greater New Orleans Development Foundation during 2022 was $55,776. There are 12 employees and 14 volunteers at Greater New Orleans Development Foundation.

Here are 15 key members and their salaries (Greater New Orleans Development Foundation's CEO's salary is $0 and their total compensation is $768,087):

    Michael Hecht (President & Ceo)
  • Compensation: $0
  • Related: $729,118
  • Other: $38,969

    • Joshua Tatum (Director Of Strategic Initiatives)
  • Compensation: $0
  • Related: $102,183
  • Other: $10,473

    • Dale Benoit (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Leblanc (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hoffman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Garvey (Secretary & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Moffett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gay Le Breton (Chairwoman Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Williams (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Gunn (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tommy Faucheux (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Hodnett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Matthews (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Hernandez (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maura Donahue (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gnoinc.org

    Where can I find the form 990 for Greater New Orleans Development Foundation?

    The Greater New Orleans Development Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gnoinc.org

    Learn more at the official website: www.gnoinc.org

    Mission Statement of Greater New Orleans Development Foundation

    Greater New Orleans Development Foundation, a catalyst for economic growth, is dedicated to fostering regional economic development within the metropolitan New Orleans area. Their mission is geared towards the creation of quality jobs, aiming to provide a sufficient base of employment opportunities for the community. The foundation accomplishes this through various initiatives. They collaborate with development allies to develop job initiatives, aiming to improve the quantity and quality of employment within the region. Additionally, the foundation focuses on workforce development, offering programs and resources to enhance the skills and abilities of the local workforce. Furthermore, Greater New Orleans Development Foundation engages in economic planning and development, raising public awareness and fostering communication to drive economic progress within the ten parishes of southeast Louisiana.

    Impact

    This information is meant to be a general summary of Greater New Orleans Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Greater New Orleans Development Foundation plays a vital role in fostering regional economic development and creating quality jobs within the metropolitan New Orleans area. Acting as a catalyst for economic growth and the enhancement of quality of life in the ten parishes of Southeast Louisiana, the foundation collaborates with development allies to provide an adequate base of new employment through job initiatives. Additionally, it works to improve the quality and quantity of employment through workforce development and fosters economic planning and development through public awareness and communications. This organization's efforts contribute significantly to community improvement and economic prosperity in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-160,348
  • Program Service Revenue: $184,092
  • Gross Receipts: $2,994,461

    • Assets and Liabilities:
  • Total Assets: $2,647,279
  • Total Liabilities: $569,237
  • Net Assets: $2,078,042
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $117,671

    SPONSORSHIP

    Revenue

    $51,261

    WORKFORCE SUMMIT

    Revenue

    $15,160

    Organization Details

    Founding Year

    1913

    Principal Officer

    Michael Hecht

    Main Address

    1100 POYDRAS STREET 3475, NEW ORLEANS, LA, 70163

    NTEE Category

    Code: S300 - Community improvement

    If you are a representative of Greater New Orleans Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.