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Nonprofit · EIN 72-0540607

NEW ORLEANS & COMPANY

Tax-exempt · NEW ORLEANS, LA 70130

Financials

$55.4M$42.7M2023$61M$47.3M2024
Revenue Expenses · by fiscal year end
Financials of NEW ORLEANS & COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$60,956,868$47,271,948$13,684,920$111,028,005$11,388,296$99,639,709
December 31, 2023990$55,402,309$42,735,630$12,666,679$114,964,248$30,916,439$84,047,809
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,785,129
of which government grants
$18,060,627
Membership dues
$1,724,502
Program service revenue
$39,458,513
Investment income
$1,713,226
Net gain from sales of assets
$190,464
Other revenue
$0

Expenses

Grants and similar amounts paid
$500,000
Compensation of officers, directors and key employees
$3,219,609
Other salaries and wages
$8,466,361
Salaries, compensation and benefits (total)
$14,230,614
Professional fundraising fees
$0
Legal fees
$10,736
Accounting fees
$40,650
Occupancy
$576,295
Travel
$2,275,936
Depreciation
$659,418

Balance sheet and other

Total assets, start of year
$114,964,248
Total assets, end of year
$111,028,005
Total liabilities, end of year
$11,388,296
Net assets, end of year
$99,639,709
Land, buildings and equipment
$20,387,492
Publicly traded securities
$25,729,921
Net assets without donor restrictions
$83,149,424
Net assets with donor restrictions
$16,490,285
Gross receipts
$68,282,629
Employees
230
Volunteers
0
Year formed
1960
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WALTER LEGER IIIPRESIDENT/CEO
Officer
50$746,571$74,720
MARK ROMIGSENIOR VP/CHIEF MARKETING
Key employee
50$354,646$34,485
STEPHANIE TURNERSENIOR VP CONVENTION SALES
Key employee
50$344,813$42,097
KIM PRIEZSENIOR VICE PRESIDENT
Key employee
50$288,276$22,562
ALICE GLENNEXECUTIVE VICE PRESIDENT
Key employee
50$253,939$38,603
SALLEE PAVLOVICHV.P. NATIONAL ACCOUNTS & TRADESHOWS
Highest-paid employee
50$248,066$20,629
KELLY SCHULZSENIOR VICE PRESIDENT
Key employee
50$238,129$28,698
BRIAN J ATCHISONVP BUSINESS DEVELOPMENT
Highest-paid employee
50$248,999$11,490
KEVIN FERGUSONV.P. OF EXTERNAL AFFAIRS & MEMBERSHIPS
Key employee
50$214,411$37,003
TAMMIE BOTELERVICE PRESIDENT
Key employee
50$217,507$29,255
BRIAN WALKERVP OF BUSINESS DEVELOPMENT
Highest-paid employee
50$217,707$25,645
JEREMY COOKERSR. VICE PRESIDENT OF MARKETING
Key employee
50$200,450$36,189
DONNA GLOVERV.P. NATIONAL ACCOUNTS & TRADESHOWS
Highest-paid employee
50$194,248$28,172
SUMMER DAVEYREGIONAL ACCOUNT EXECUTIVE
Highest-paid employee
50$188,919$8,877
GRETCHEN CHASESECRETARY
Trustee or director, Officer
1.5$0$0
28 more people on this return
NameTitleHours / weekCompensation
KYLE BRECHTELDIRECTOR
Trustee or director
1.5$0
DOUG THORNTONEX OFFICIO
Trustee or director
1.5$0
DAFFNE ENCHARDEX OFFICIO
Trustee or director
1.5$0
STEPHEN WATSONTREASURER
Trustee or director, Officer
1.5$0
GREGORY RUSOVICHEX OFFICIO
Trustee or director
1.5$0
KEVIN DOLLIOLEEX OFFICIO
Trustee or director
1.5$0
RON FORMANEX OFFICIO
Trustee or director
1.5$0
FRANK ZUMBODIRECTOR
Trustee or director
1.5$0
AL GROOSDIRECTOR
Trustee or director
1.5$0
JESSICA MALECKIDIRECTOR
Trustee or director
1.5$0
STAN HARRISEX-OFFICIO
Trustee or director
1.5$0
BONNIE BOYDDIRECTOR
Trustee or director
1.5$0
TOM LEONHARDCHAIR ELECT
Trustee or director, Officer
1.5$0
JIM COOKPAST CHAIR
Trustee or director, Officer
1.5$0
DAVID PISCOLADIRECTOR
Trustee or director
1.5$0
MICKAL ADLERCHAIR
Trustee or director, Officer
1.5$0
CHARLEE WILLIAMSONDIRECTOR
Trustee or director
1.5$0
GLEN ARMANTROUTDIRECTOR
Trustee or director
1.5$0
TOD CHAMBERSDIRECTOR
Trustee or director
1.5$0
TIFFERNEY WHITEDIRECTOR
Trustee or director
1.5$0
MICHAEL SAWAYAEX OFFICIO
Trustee or director
1.5$0
MICHELLE GOBERTDIRECTOR
Trustee or director
1.5$0
JILL DIMARCODIRECTOR
Trustee or director
1.5$0
KENNY RUBENSTEINDIRECTOR
Trustee or director
1.5$0
SAMIR MOWHADDIRECTOR
Trustee or director
1.5$0
KATY CASBARIANDIRECTOR
Trustee or director
1.5$0
RYAN BERGERDIRECTOR
Trustee or director
1.5$0
RONALD WENDELDIRECTOR
Trustee or director
1.5$0
990 for the year ended December 31, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
JSTEPHEN PERRYFORMER PRESIDENT/CEO
Key employee
50$1,181,873$10,987
WALTER LEGER IIIPRESIDENT/CEO
Officer
60$389,408$60,636
MARK ROMIGSENIOR VP/CHIEF MARKETING OFFICER
Key employee
50$404,916$27,734
STEPHANIE TURNERSENIOR VP CONVENTION SALES
Key employee
50$332,356$34,588
KIM PRIEZSENIOR VP OF TOURISM
Key employee
50$280,576$19,002
SALLEE PAVLOVICHVICE PRESIDENT, NATIONAL ACCOUNTS & TRADESHOW
Highest-paid employee
50$243,233$16,573
KELLY SCHULZSENIOR VP COMMUNICATIONS/PR
Key employee
50$229,611$23,280
ALICE GLENNEXECUTIVE VICE PRESIDENT
Key employee
50$224,136$24,358
KEVIN FERGUSONVP EXTERNAL AFFAIRS
Highest-paid employee
50$204,373$29,871
TAMMIE BOTELERVP FINANCE
Key employee
50$209,812$23,617
BRIAN WALKERVP INFORMATION SYSTEMS
Highest-paid employee
50$210,014$20,849
DONNA GLOVERVP NATIONAL ACCOUNTS & TRA
Highest-paid employee
50$202,867$22,662
JEREMY COOKERVICE PRESIDENT MARKETING &
Highest-paid employee
50$192,712$29,241
DAVID BILBEIMMEDIATE PAST PAST CHAIRMAN
Trustee or director, Officer
1.5$0$0
JIM COOKCHAIR
Trustee or director, Officer
1.5$0$0
MICKAL ADLERCHAIR ELECT
Trustee or director, Officer
1.5$0$0
STAN HARRISPAST CHAIR - EX-OFFICIO
Trustee or director, Officer
1.5$0$0
STEVE PETTUSTREASURER
Trustee or director, Officer
1.5$0$0
DARRYL BERGERSECRETARY
Trustee or director, Officer
1.5$0$0
STEVE CAPUTOASST. SECRETARY
Trustee or director, Officer
1.5$0$0
BRANDY CHRISTIANEX OFFICIO
Trustee or director
1.5$0$0
DOUG THORNTONEX OFFICIO
Trustee or director
1.5$0$0
GREGORY RUSOVICHEX OFFICIO
Trustee or director
1.5$0$0
JERRY REYESEX OFFICIO
Trustee or director
1.5$0$0
KEVIN DOLLIOLEEX OFFICIO
Trustee or director
1.5$0$0
RON FORMANEX OFFICIO
Trustee or director
1.5$0$0
FRANK ZUMBOEX OFFICIO
Trustee or director
1.5$0$0
AL GROOSDIRECTOR
Trustee or director
1.5$0$0
GRETCHEN CHASEDIRECTOR
Trustee or director
1.5$0$0
DAVID PISCOLADIRECTOR
Trustee or director
1.5$0$0
BONNIE BOYDDIRECTOR
Trustee or director
1.5$0$0
CHARLEE WILLIAMSONDIRECTOR
Trustee or director
1.5$0$0
DAN REALDIRECTOR
Trustee or director
1.5$0$0
GLEN ARMANTROUTDIRECTOR
Trustee or director
1.5$0$0
HENRY COAXUMDIRECTOR
Trustee or director
1.5$0$0
JILL DIMARCODIRECTOR
Trustee or director
1.5$0$0
KATY CASBARIANDIRECTOR
Trustee or director
1.5$0$0
MALI CAROWDIRECTOR
Trustee or director
1.5$0$0
STEPHEN WATSONDIRECTOR
Trustee or director
1.5$0$0
TOD CHAMBERSDIRECTOR
Trustee or director
1.5$0$0
TOM LEONHARDDIRECTOR
Trustee or director
1.5$0$0
MICHELLE GOBERTDIRECTOR
Trustee or director
1.5$0$0

Address and contacts

Address (IRS master file)
2020 ST CHARLES AVE, NEW ORLEANS, LA 70130-5319
Principal officer (990 for 2024)
WALTER J LEGER III, 2020 ST CHARLES AVENUE, NEW ORLEANS, LA 70130
Signed the 990
WALTER J LEGER III, OFFICER
Phone
(504) 566-5011
Return prepared by
LAPORTE APAC

Mission

THE MISSION OF NEW ORLEANS & COMPANY IS TO INSPIRE, PROMOTE AND ENCOURAGE TRAVEL TO OUR CITY FOR THE ECONOMIC, SOCIAL AND COMMUNITY BENEFIT OF NEW ORLEANS AND ITS PEOPLE. THROUGH MARKETING, PUBLIC RELATIONS, DIRECT SALES TO LEISURE TRAVELERS, FOREIGN AND DOMESTIC, AND THROUGH GROUP SALES OF CONFERENCES, CONVENTIONS, MEETINGS AND BUSINESS EVENTS, WE SEEK TO GENERATE REVENUE FOR BUSINESSES AND FOR LOCAL AND STATE GOVERNMENT TO SUPPORT AND SUSTAIN JOBS AND TO HELP ADDRESS CHALLENGES TO HIGH QUALITY OF LIFE BY BUILDING A STRONGER COMMUNITY IN WHICH TO LIVE, WORK AND BE EDUCATED.NEW ORLEANS & COMPANY'S CORE SERVICES ARE TO ENSURE ADEQUATE VISITATION TO SUPPORT RESTAURANTS, RETAIL ESTABLISHMENTS, ACCOMMODATIONS, CULTURAL ATTRACTIONS AND ALL OTHER BUSINESSES THROUGHOUT THE CITY, REGION AND STATE. NEW ORLEANS & COMPANY ALSO PROVIDES FUNDING TO OTHER ORGANIZATIONS TO SUPPORT THEIR INITIATIVES FOR THE ONGOING AND CONTINUED SAFETY AND QUALITY OF LIFE FOR BOTH RESIDENTS AND VISITORS.

990 for the year ended December 31, 2024

Program accomplishments

  • NEW ORLEANS & COMPANY'S SALES AND SERVICES TEAMS SELL, MARKET,CONFERENCES, CONVENTIONS, CORPORATE MEETINGS AND MAJOR EVENTS. TEAMMEMBERS TRAVEL THROUGHOUT THE UNITED STATES AND BEYOND YEAR-ROUNDMEETING WITH PLANNERS AND DECISION MAKERS ACTIVELY BIDDING COMPETITIVELY WITH OTHER DESTINATIONS. NUMEROUS MAJOR EVENTS HOSTED IN NEW ORLEANS & COMPANY COMMUNICATIONS & PUBLIC RELATIONS TEAM FOCUSES ON NEW ORLEANS AS A RESULT OF THESE EFFORTS INCLUDE NCAA/FINAL FOUR, SUPER BOWL, ESSENCE, MISS UNIVERSE AND SUGAR BOWL ALONG WITH MANY OTHERS. THEY ATTEND NUMEROUS INDUSTRY SHOWS TO SHOWCASE AND PROMOTE NEW ORLEANS AS A DESTINATION AND BRING IN CUSTOMERS FROM ALL OVER THE WORLD TO SCOUT AND SITE HOTELS, RESTAURANTS, VENUES, AND MANY OTHER ORGANIZATIONS WITHIN THE HOSPITALITY (CONTINUED ON SCHEDULE O) INDUSTRY. NEW ORLEANS & COMPANY CONTACTS MANY ASSOCIATIONS AND CORPORATE BUSINESSES TO SOLICIT FACILITIES IN NEW ORLEANS; 81 CONVENTIONS AND MEETINGS WERE BOOKED BY NEW ORLEANS & COMPANY IN 2024. THE CONVENTION & SALES TEAM BOOKED A TOTAL OF 1,432,557 ROOM NIGHTS IN 2024.LEISURE TOURISM SALES NEW ORLEANS & COMPANY'S LEISURE SALES TEAM SELL, MARKET, ADVERTISE AND PROMOTE TRAVEL TO NEW ORLEANS AS A DESTINATION FOR GROUP TRAVEL WHICHINCLUDES SALES AND PROMOTION TO TRAVEL AGENTS, MOTORCOACH BUS GROUPS,CLASS, MILITARY AND FAMILY REUNIONS, CHURCH AND YOUTH GROUPS, WEDDINGS, BACHELOR/BACHELORETTE GATHERINGS, GIRLS' WEEKENDS, AND ANY OTHER REASON TO VISIT NEW ORLEANS. THE LEISURE SALES TEAM ALSO WORKS WITH REPRESENTATIVES IN UNITED KINGDOM, GERMANY, FRANCE, INDIA, MEXICO AND OTHER COUNTRIES PERIODICALLY TO PROMOTE NEW ORLEANS AS A DESTINATION FOR INTERNATIONAL VISITORS. PARTNERSHIPS, WHICH INCLUDE MARKETING AND ADVERTISING, ARE ALIGNED WITH BRITISH AIRWAYS TO CONTINUE TO PROMOTE FLIGHTS TO AND FROM NEW ORLEANS ALONG WITH CRUISE LINES TO MAINTAIN SHIPS AT PORT FOR ALL TO SAIL FROM OUR GREAT CITY OF NEW ORLEANS.NEW ORLEANS & COMPANY PROVIDED ASSISTANCE TO 10,446 TRAVEL AGENTS IN 2024 AND BOOKED A TOTAL OF 566,268 ROOM NIGHTS.
  • NEW ORLEANS & COMPANY COMMUNICATIONS & PUBLIC RELATIONS TEAM FOCUSES ON RELATIONSHIP BUILDING WITH JOURNALISTS AND INFLUENCERS, BOTH DOMESTIC AND INTERNATIONAL, ALONG WITH ASSISTING ALL FACETS OF THE MEDIA IN ORDER TO MAINTAIN POSITIVE COVERAGE OF NEW ORLEANS AS A TRAVEL DESTINATION.NEW ORLEANS & COMPANY ASSISTED MEDIA AROUND THE WORLD FOR A TOTAL RESULT OF 1,592 ASSISTED IN 2024.
  • EXTERNAL AFFAIRS & MEMBERSHIPNEW ORLEANS & COMPANY'S MEMBERSHIP CONSISTS OF 1,076 BUSINESSES AND OPENS THE DOORS TO NEW MARKETING IDEAS, NETWORKING, BUSINESS OPPORTUNITIES AND INDUSTRY RESEARCH... AND THAT'S JUST A FEW OF THE BENEFITS AVAILABLE TO OUR MEMBERS.OUR MEMBERS ENCOMPASS ALL FACETS OF INDUSTRY, FROM HOTELS, BED & BREAKFASTS, RESTAURANTS AND NIGHTCLUBS, TOURS AND ATTRACTIONS TO TRANSPORTATION AND BUSINESS SERVICES. MEMBERSHIP CONCENTRATES ON NETWORKING, JOB FAIRS, HEALTH FAIRS, HOSPITALITY TRAINING, SUSTAINABILITY AND MANY OTHER INITIATIVES. (CONTINUED ON SCHEDULE O) NEW ORLEANS & COMPANY'S EXTERNAL AFFAIRS IS FOCUSED ON COMMUNITY RELATIONS SPONSORING AND FUNDING MANY ORGANIZATIONS WITHIN THE HOSPITALITY INDUSTRY SUCH AS FESTIVALS AND OTHERS TO DEVELOP NEW PRODUCT.NEW ORLEANS & COMPANY PRINTS AND DISTRIBUTES BROCHURES AND MAPS WHICHPROVIDE INFORMATION ABOUT THE VARIOUS POINTS OF INTEREST AND EVENTSHAPPENING IN NEW ORLEANS. IN 2024, APPROXIMATELY 1,405,890 BROCHURES WERE CIRCULATED.LEISURE MARKETINGNEW ORLEANS & COMPANY MARKETS TO CONSUMERS VIA PRINT AND DIGITAL ADVERTISING, TELEVISION, RADIO, BILLBOARDS, WEBSITE, SOCIAL MEDIA AND MANY OTHER AVENUES TO ATTRACT VISITORS TO THE CITY OF NEW ORLEANS. THEIR EFFORTS DRIVE CONSUMERS TO NEW ORLEANS & COMPANY'S WEBSITE ULTIMATELY GENERATING BOOKINGS FROM GUESTS ALL OVER THE WORLD TO VISIT AND STAY IN THE NEW ORLEANS AREA.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-0540607
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$111,028,005
Income (IRS master file)
$68,282,629

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$60,956,868$47,271,948$111,028,005XML
990December 2023$55,402,309$42,735,630$114,964,248XML
990December 2022$52,768,320$38,520,278$103,174,957IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-0540607).

Questions about NEW ORLEANS & COMPANY

What is the EIN of NEW ORLEANS & COMPANY?
The employer identification number (EIN) of NEW ORLEANS & COMPANY is 72-0540607.
Is NEW ORLEANS & COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1962.
Are donations to NEW ORLEANS & COMPANY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW ORLEANS & COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW ORLEANS & COMPANY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW ORLEANS & COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW ORLEANS & COMPANY?
The 990 for the year ended December 31, 2024 names WALTER J LEGER III.
Who are the officers and directors of NEW ORLEANS & COMPANY?
The 990 for the year ended December 31, 2024 lists 43 people; 14 received compensation from the organization, the highest $746,571 (WALTER LEGER III, PRESIDENT/CEO).
How much revenue does NEW ORLEANS & COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $60,956,868, expenses of $47,271,948 and total assets of $111,028,005 at year end.

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