GREATER NEW ORLEANS INC

EIN: 720272090

NEW ORLEANS, LA

Total Revenue
$4,796,909
Total Expenses
$4,717,063
Total Assets
$3,612,786
Net Assets
$1,732,470
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
LA
Principal Officer
MICHAEL HECHT
Phone
5045276900
Tax Period
2023-01-01 to 2023-12-31

GREATER NEW ORLEANS INC, founded in 1913, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2023.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,516,927
Program Service Revenue $2,272,523
Investment Income $7,459
Other Revenue $0
TOTAL REVENUE $4,796,909

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $2,638,114
Fundraising Expenses $0
Other Expenses $2,073,949
TOTAL EXPENSES $4,717,063

Year-over-Year Comparison

2023 2022 Change
Revenue $4,796,909 $4,756,637 +0.0%
Expenses $4,717,063 $4,517,207 +0.0%
Net Income $79,846 $239,430 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
99
Independent Members
98
Employees
17
Volunteers
120

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$819,842
Total Directors
113
$819,842
Key Employees
0
$0
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL HECHT PRESIDENT & CEO 40.00
Officer Director
$778,194 $41,648 $819,842
SUSAN BONNETT BOURGEOIS CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER J KANE CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
RICHARD F CORTIZAS IMMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
LEAH BROWN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
BEN HALES BOARD MEMBER 1.00
Director
$0 $0 $0
DAN WAGNER BOARD MEMBER 1.00
Director
$0 $0 $0
GARY LORIO BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE PIVACH BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM RALSTON BOARD MEMBER 1.00
Director
$0 $0 $0
GREG FEIRN BOARD MEMBER 1.00
Director
$0 $0 $0
JAY LAPEYRE BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN DEBLIEUX BOARD MEMBER 1.00
Director
$0 $0 $0
LOUIS LAURICELLA BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE TILLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER OGDEN BOARD MEMBER 1.00
Director
$0 $0 $0
TI MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
PHILLIP R MAY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER READE BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC SCHOUEST BOARD MEMBER 1.00
Director
$0 $0 $0
SIDNEY TORRES III BOARD MEMBER 1.00
Director
$0 $0 $0
TOWNSEND UNDERHILL BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH ELLISON-FROST BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE TEAGUE LANDIS BOARD MEMBER 1.00
Director
$0 $0 $0
MATT SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
ANDY KOPPLIN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN J ROTOLO BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN J ZOLLINGER IV BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN MATESSINO BOARD MEMBER 1.00
Director
$0 $0 $0
KEN FLOWER BOARD MEMBER 1.00
Director
$0 $0 $0
LACEY MERRICK CONWAY BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMY FAUCHEUX BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN LIN BOARD MEMBER 1.00
Director
$0 $0 $0
PJ MORTON BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN MONROE BOARD MEMBER 1.00
Director
$0 $0 $0
TOM PATRIAS BOARD MEMBER 1.00
Director
$0 $0 $0
AIMEE QUIRK BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY STADLER BOARD MEMBER 1.00
Director
$0 $0 $0
TONY ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC BOSCH BOARD MEMBER 1.00
Director
$0 $0 $0
KIM M BOYLE BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL BRUMFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK COMER BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY THIBODEAUX DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN A FRIEDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA HUSEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TODD C JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
ROSS LAGARDE BOARD MEMBER 1.00
Director
$0 $0 $0
MERRITT LANE BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM LEMOINE BOARD MEMBER 1.00
Director
$0 $0 $0
TOM LEONHARD BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD METHE BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD MIDDLETON BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL PADILLA BOARD MEMBER 1.00
Director
$0 $0 $0
DEANNA RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW ROSENBOOM BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN N WILKINS BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL MATTHEWS BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL AUCOIN BOARD MEMBER 1.00
Director
$0 $0 $0
ARNOLD BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
JAIMME A COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
JIM COOK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN L DONAHUE III BOARD MEMBER 1.00
Director
$0 $0 $0
RONNIE MAINS BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW SAACKS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL J SIEGEL BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT T WHITTAKER BOARD MEMBER 1.00
Director
$0 $0 $0
STANLEY BIENEMY BOARD MEMBER 1.00
Director
$0 $0 $0
COLETTE HIRSTIUS BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTI APP BOARD MEMBER 1.00
Director
$0 $0 $0
TODD FULLER BOARD MEMBER 1.00
Director
$0 $0 $0
STACY GAUTREAU BOARD MEMBER 1.00
Director
$0 $0 $0
TANDRA LEMAY BOARD MEMBER 1.00
Director
$0 $0 $0
DANA R STUMPF BOARD MEMBER 1.00
Director
$0 $0 $0
NEEL SUS BOARD MEMBER 1.00
Director
$0 $0 $0
JARED FREEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY POPE BOARD MEMBER 1.00
Director
$0 $0 $0
PHILIP W REBOWE BOARD MEMBER 1.00
Director
$0 $0 $0
GLEN SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
GAY LE BRETON PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
WILLIAM D HOFFMAN PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
DALE BENOIT PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
GREGORY R RUSOVICH PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
WILLIAM HENRY SHANE JR PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
LESLIE R JACOBS PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
MARTIN A MAYER PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
MAURA W DONAHUE PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
PATRICIA LEBLANC PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
PATRICK QUINLAN PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
SUZANNE MESTAYER PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
WILLIAM H HINES PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
JAMES M HUDSON PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
GUY WILLIAMS PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
PHILIP J GUNN PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
TARA CARTER HERNANDEZ PAST CHAIR EMERITUS 1.00
Director
$0 $0 $0
C REYNOLD VERRET UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JOHN L CRAIN UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JOHN NICKLOW UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
LARRY HOLLIER UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
MICHAEL A FITTS UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
WILLIAM WAINRIGHT UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
LARISSA LITTLETON-STEIB UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
STANTON F MCNEELY III UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
TINA TINNEY UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JAMES H AMMONS UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
QUINTIN D TAYLOR UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
ROCHELLE L FORD UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JUSTIN DAFFRON UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JAMES CARLSON UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
STEVE NELSON UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
XAVIER COLE UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
JEANNINE O'ROURKE UNIVERSITY EX OFFICIO 1.00
Director
$0 $0 $0
SARA BRADFORD SENIOR VICE PRESIDENT OF ADVANCE 40.00
Highest
$179,145 $15,191 $194,336
JEFFRAY TEAGUE SENIOR VICE PRESIDENT OF F 40.00
Highest
$160,698 $14,081 $174,779
MATTHEW WOLFE SENIOR VICE PRESIDENT OF COMMUNIC 40.00
Highest
$139,229 $15,330 $154,559
JOSHUA FLEIG SENIOR VICE PRESIDENT OF BUSINESS 40.00
Highest
$202,928 $14,124 $217,052
JASMINE BROWN SENIOR VICE PRESIDENT OF POLICY 40.00
Highest
$142,497 $10,786 $153,283
RACHEL SHIELDS CHIEF OF STAFF 40.00
Highest
$131,340 $26,628 $157,968
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,796,909 $4,717,063 $3,612,786 $79,846
2022 $4,756,637 $4,517,207 $3,526,921 $239,430
2021 $4,542,927 $4,449,267 $2,019,283 $93,660
2020 $3,864,195 $4,132,996 $1,908,497 $-268,801
2019 $4,535,108 $4,480,430 $2,067,364 $54,678
2018 $3,913,963 $4,151,678 $2,097,487 $-237,715
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