Overview
What is New Orleans And Company?
New Orleans & Company is a thriving nonprofit organization headquartered at 2020 St. Charles Avenue in New Orleans, Louisiana (70130). Their mission is to foster vibrant economic growth by marketing New Orleans as a top convention and visitor destination. They achieved impressive results in 2022, facilitating 1,120 conventions and meetings and securing a total of 1,822,613 room nights. Their sales totaled 1,419,048, and they contributed 403,565 to tourism. The dedicated team also assisted 12,712 travel agents. This dynamic organization leads and collaborates with diverse hospitality industry elements and the community to promote New Orleans as a premier destination for events and tourism.
Official website here: www.neworleans.com
What are the reviews and ratings of this charity?
New Orleans and Company is not currently rated by Charity Navigator. This is primarily due to their status as an organization not registered under the 501(c)(3) category, which is a requirement for Charity Navigator evaluations. The absence of a rating is not indicative of the organization's performance or impact but rather reflects its eligibility status for evaluation.
Since this organization is not evaluated using the typical methodologies for Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability, there is limited information on their internal operation and fiscal responsibility. Historical ratings relied mostly on Accountability metrics, yet further specifics on their financials, such as revenue and expenses, are not available.
No user reviews are available on GreatNonprofits for New Orleans and Company. Therefore, public feedback or sentiment about the organization’s activities and impact are not documented from that source.
This AI summary has been generated from information found on Charity Navigator.
Is New Orleans And Company legitimate?
New Orleans And Company is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Orleans And Company 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,500,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,448,411
For more financial information, click here
Official website here: www.neworleans.com
What is the mission statement of New Orleans And Company?
New Orleans And Company's mission is to promote and market the New Orleans region as a premier visitor destination, driving economic growth through the hospitality industry and community engagement. They actively solicit conventions and corporate events, securing over 1,120 conventions and meetings in 2022, resulting in over 1.8 million room nights booked. Their sales teams provided assistance to over 12,000 travel agents, generating substantial revenue for the area. By developing and marketing the region, New Orleans And Company leads and involves various aspects of the hospitality industry and community.
Official website here: www.neworleans.com
Who is the CEO of New Orleans And Company?
Walter J Leger Iii is the Past Chairman of New Orleans And Company. The CEO's salary of New Orleans And Company is $565,321 and their total compensation is $711,753.
Official website here: www.neworleans.com
What is the revenue of New Orleans And Company?
New Orleans And Company's revenue in 2022 was $52,768,320.
Official website here: www.neworleans.com
Who are the executives of New Orleans And Company and what are their salaries?
The average compensation at New Orleans And Company during 2022 was $41,616. There are 191 employees at New Orleans And Company.
Here are 41 key members and their salaries (New Orleans And Company's CEO's salary is $565,321 and their total compensation is $711,753):
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- Compensation: $565,321
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Official website here: www.neworleans.com
Where can I find the form 990 for New Orleans And Company?
New Orleans And Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neworleans.com
Learn more at the official website: www.neworleans.com
Mission Statement of New Orleans And Company
New Orleans & Company, a leading organization in the hospitality industry, strives to create economic growth for the New Orleans region by positioning it as a premier visitor destination. This mission involves collaborating with diverse elements within the industry and the community to market and develop conventions, meetings, and group leisure events in New Orleans.
In pursuit of its objective, New Orleans & Company has secured 1,120 conventions and meetings in 2022. The organization's Convention and Leisure Sales teams have been instrumental in booking a remarkable total of 1,822,613 room nights, generating 1,419,048 sales and 403,565 tourist visits. These achievements not only boost the local economy but also contribute significantly to the hospitality sector.
To extend its reach, New Orleans & Company offers assistance to travel agents, helping them to facilitate bookings for their clients. By focusing on the development and marketing of New Orleans as a premier tourist destination, New Orleans & Company plays a crucial role in driving economic growth, creating opportunities for businesses, and enhancing the overall appeal of the region.
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Impact
October, 2024
New Orleans And Company plays a crucial role in positioning New Orleans as a leading destination for conventions and tourism. By engaging with numerous associations and corporate entities, they secure venues for events and facilitate the booking of room nights—over 1.8 million in 2022 alone. Their efforts in convention sales and group leisure marketing have resulted in the booking of more than 1,120 conventions and meetings in the same year.
The organization also extends significant support to travel agents, assisting over 12,700 in their endeavors to promote New Orleans as a premier travel destination. This comprehensive approach not only enhances the visibility of the region but also stimulates vibrant economic growth, benefiting the hospitality industry and local communities alike. New Orleans And Company actively integrates various elements of the hospitality sector, fostering collaboration and improvement within the community while reinforcing the city’s reputation as a premier visitor destination.
This information is meant to be a general summary of New Orleans And Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $660,782
- Program Service Revenue: $38,533,895
- Gross Receipts: $56,480,590
Assets and Liabilities:
- Total Assets: $103,174,957
- Total Liabilities: $34,380,954
- Net Assets: $68,794,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURISM SUPPORT ASSESSMENT REVENU
Revenue
$19,995,172
STATE OF LA FUNDING
Revenue
$12,876,594
SHORT TERM RENTAL TAX
Revenue
$3,836,993
HARRAH'S MARKETING FUND
Revenue
$1,000,000
STAFFING SERVICES
Revenue
$408,595
Organization Details
Founding Year
1960
Phone
(504) 566-5011Principal Officer
Walter J Leger Iii
Main Address
2020 ST CHARLES AVENUE, NEW ORLEANS, LA, 70130
Website
www.neworleans.comNTEE Category
Code: S33 - Community improvement
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