Nola Business Alliance
CHARGED BY THE CITY OF NEW ORLEANS WITH LEADING THE ECONOMIC RECOVERY AND DEVELOPMENT OF ORLEANS PARISH. THE ORGANIZATION'S FOCUS IS TO GROW THE JOB BASE AND SECURE PRIVATE INVESTMENT FOR ORLEANS PARISH BY ATTRACTING CORPORATIONS FOR RELOCATION, RETAINING EXISTING BUSINESS SUPPORTING EXPANSION OF EXISTING BUSINESSES AND DEVELOP RETAIL GROWTH. THE ORGANIZATION ACCOMPLISHES THIS BY CREATING TRANSPARENCY AND LOWERING THE BARRIERS TO MARKET ENTRY.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$4.5M
+3.2% YoY
Annual Giving
$1.1M
-18.4% YoY
Grant Count
11
-26.7% YoY
Avg Grant Size
$102K
+11.3% YoY
About Nola Business Alliance
Based on IRS filings
Nola Business Alliance is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $4.5M in total assets. In 2023, it awarded 11 grants totaling $1.1M. Net investment income was $19K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,536,164 | $4,394,444 | $6,555,386 |
| Revenue | $3,743,763 | $4,026,850 | $7,098,750 |
| Expenses | $4,447,471 | $5,644,705 | $4,997,365 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $19,102 | $4,895 | $4,133 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORMAL BARNUM | PRESIDENT/CE | 40 | $213,557 |
| LOUIS DAVID | INTERIM PRES | 40 | $145,263 |
| LYNETTE WHITE-COLIN | SENIOR VP SM | 40 | $143,663 |
| SHEILA BURNS | BOARD MEMBER | 2 | — |
| LATOYA CANTRELL | MAYOR CITY O | 2 | — |
| JEAN-GUY CELESTIN | BOARD MEMBER | 2 | — |
| ANDREA CHEN | BOARD MEMBER | 2 | — |
| GREGORY CURTIS | BOARD MEMBER | 2 | — |
| DR TAKEISHA DAVIS | BOARD MEMBER | 2 | — |
| KIM BOYLE ESQ | SECRETARY | 2 | — |
| NOAH KRESSLER ESQ | BOARD MEMBER | 2 | — |
| SUSAN TALLEY ESQ | BOARD MEMBER | 2 | — |
| HENRY COAXUM JR | PAST CHAIR | 2 | — |
| BRIAN KELLER | BOARD MEMBER | 2 | — |
| STEVEN KENNEDY | BOARD MEMBER | 2 | — |
| LARISSA LITTLETON-STEIB | BOARD MEMBER | 2 | — |
| THOMAS MABON | TREASURER | 2 | — |
| GILBERT MONTANO | CHAIR | 2 | — |
| HELENA MORENO | COUNCILMEMBE | 2 | — |
| R ERICH CAULFIELD PHD | BOARD MEMBER | 2 | — |
| CHARLES RICE | BOARD MEMBER | 2 | — |
| CHRISTY SLATER | BOARD MEMBER | 2 | — |
| RON STONE | BOARD MEMBER | 2 | — |
| GUY WILLIAMS | BOARD MEMBER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
The Stabiler Foundation
BATON ROUGE, LA
Assets
$25K
Grants
4
Total Given
$203K
Gianna Nell Bonfiglio Foundation
HAMMOND, LA
Assets
$2K
Grants
0
Total Given
—
Judah's Light Nonnie's Hope Inc
PINEVILLE, LA
Assets
—
Grants
1
Total Given
$50K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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