GREATER NEW ORLEANS DEVELOPMENT FOUNDATION Charity Report

Public IRS 990 nonprofit record

GREATER NEW ORLEANS DEVELOPMENT FOUNDATION

EIN 72-1177207 · Community Improvement & Capacity Building (S300)

What they do

to FOSTER REGIONAL ECONOMIC DEVELOPMENT and CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$89.96spent for every $100 of revenueRevenue covered expenses this year.

$7.00of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

$0.61in assets for every $1 spent this yearSome assets cannot be spent right away.

94.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $152,067 for JOSHUA TATUM (VICE PRESIDENT OF BUSINESS). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$7,212,232

Expenses$6,487,890

Annual surplus $724,342 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$455,229 · 7.0% of expenses

Grants paid$7,253,582 · 111.8% of expenses

This source amount exceeds total expenses; compare the filing details carefully.

See all reported dollar amounts

Revenue$7,212,232

Expenses$6,487,890

Assets$3,970,691

Income$7,212,232

Contributions$6,831,690

Grants given$7,253,582

Average grant$118,911

Management and general$455,229

Stocks and bonds$1,127,428

Accounting fees$3,250

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOSHUA TATUMVICE PRESIDENT OF BUSINESS · 40 hrs/week $152,067Base $137,617 · Other $14,450

LACY MCMANUSEXECUTIVE DIRECTOR OF FUTU · 40 hrs/week $143,001Base $123,686 · Other $19,315

BRANDON WILLIAMSDIRECTOR OF FINANCE AND AD · 40 hrs/week $116,457Base $105,079 · Other $11,378

MICHAEL HECHTPRESIDENT & CEO · 1 hrs/week $45,584Base · Other $45,584

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

JOSHUA TATUMVICE PRESIDENT OF BUSINESS

LACY MCMANUSEXECUTIVE DIRECTOR OF FUTU

BRANDON WILLIAMSDIRECTOR OF FINANCE AND AD

MICHAEL HECHTPRESIDENT & CEO

DALE BENOITMEMBER

GUY WILLIAMSMEMBER

JULIE STOKESSECRETARY & TREASURER

MARINA MANZANARESMEMBER

RICHARD F CORTIZASBOARD CHAIR

TARA CARTER HERNANDEZMEMBER

WAYNE CONNERMEMBER

About this charity

Recognized since: January 1991
Location: 1100 POYDRAS STREET 3475, NEW ORLEANS, LA 70163
County: Orleans
In care of: MICHAEL HECHT
Primary officer: MICHAEL HECHT, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(504) 527-6900

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WEGMANN DAZET APC
NTEE classification: Community Improvement & Capacity Building (S300)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes