Greater New Orleans Sports Foundation

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

EIN: 721129835 ✦ Metairie, LA ✦ Designated as a 501(c)(4)

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Overview

What is Greater New Orleans Sports Foundation?

The Greater New Orleans Sports Foundation, located in Metairie, Louisiana, is a dedicated nonprofit organization with a primary focus on sports tourism. Their mission is to cultivate and boost sports-related tourism within the region. The foundation serves as an amateur sports club or league, contributing to the local community by promoting sports events and attracting visitors to the area.


Official website here: www.gnosports.com

Is Greater New Orleans Sports Foundation legitimate?

Greater New Orleans Sports Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater New Orleans Sports 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $385,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $660,303

For more financial information, click here


Official website here: www.gnosports.com

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

The Greater New Orleans Sports Foundation, as an amateur sports entity, is committed to fostering sports tourism. Their primary objective is to cultivate and promote sports-related events, attracting both local and international participants. This initiative aims to boost economic growth and foster a sense of community through sports. The foundation's activities may include securing venues, organizing competitions, and marketing the city as a desirable destination for sports enthusiasts.


Official website here: www.gnosports.com

What is the revenue of Greater New Orleans Sports Foundation?

Greater New Orleans Sports Foundation's revenue in 2024 was $2,632,690.


Official website here: www.gnosports.com

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

The average compensation at Greater New Orleans Sports Foundation during 2024 was $80,408. There are 13 employees and 500 volunteers at Greater New Orleans Sports Foundation.

Here are 25 key members and their salaries:


John J Cicero (Executive Di)
  • Compensation: $385,000
  • Related: $0
  • Other: $0
Jeffrey Rossi (Senior Vp O)
  • Compensation: $155,775
  • Related: $0
  • Other: $0
William Ferrante (Senior Vp Ma)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Tricia Lowe (Vp Membershi)
  • Compensation: $112,605
  • Related: $0
  • Other: $0
Arnold Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Bennett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Boyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Capella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Chehardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cortizas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Guzan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Hollis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Valteau Jr (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Lupin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lupo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Palumbo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Payton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Raspanti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Reimer-Sileo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David R Sherman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Sherman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Thornton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gnosports.com

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

Greater New Orleans Sports Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.gnosports.com

Learn more at the official website: www.gnosports.com

Mission Statement of Greater New Orleans Sports Foundation

The Greater New Orleans Sports Foundation, as an amateur sports club or league, is dedicated to the advancement of sports tourism. This nonprofit organization aims to foster the growth and development of various sports events, attracting visitors and boosting economic opportunities within the tourism industry. By focusing on sports tourism, the Greater New Orleans Sports Foundation contributes to the promotion and celebration of sports in the community, while also bolstering the local economy.

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Impact




October, 2024

The Greater New Orleans Sports Foundation significantly enhances the region's economy and community engagement through the development of sports tourism. By attracting major sporting events and competitions, it not only boosts local businesses such as hotels, restaurants, and retail shops but also increases job opportunities within the hospitality and service sectors.

Additionally, the foundation plays a crucial role in promoting healthy lifestyles and community involvement through recreational activities. The events it brings to the area foster camaraderie and sportsmanship among participants and spectators alike, enriching the cultural fabric of the community. Its commitment to developing sports tourism ultimately positions Greater New Orleans as a premier destination for athletes and sporting events, benefiting both the local economy and the wider community.




This information is meant to be a general summary of Greater New Orleans Sports Foundation. 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.

Revenue
$2,632,690 (2024)
Expenses
$2,408,696 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $55,878
  • Program Service Revenue: $593,887
  • Gross Receipts: $2,632,690

Assets and Liabilities:

  • Total Assets: $4,322,956
  • Total Liabilities: $344,474
  • Net Assets: $3,978,482

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Programs

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

EVENT REVENUE

Revenue

$246,037

MEMBERSHIP REVENUE

Revenue

$212,350

MANAGEMENT

Revenue

$135,500

Organization Details

Founding Year

1988

Principal Officer

Philip Sherman

NTEE Category

Code: N60 - Recreation

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