Nola Business Alliance logo

Nola Business Alliance

Public charity · Grantmaker New Orleans, LA EIN: 27-3654312 Website

Nola Business Alliance, based in New Orleans, Louisiana, is a Form 990 public charity and the city’s official economic development organization. The organization says it works to grow the New Orleans economy through inclusive economic development, business attraction and retention, small-business growth, workforce development, and neighborhood development.

Nola Business Alliance at a glance

In short: Nola Business Alliance gave $1.1M across 11 grants in 2023 (avg $102K), mostly in Louisiana. Source: 2023 IRS Form 990.

Annual giving (2023)
$1,118,000
-18.4% vs 2022
Grants made (2023)
11
-26.7% vs 2022
Average grant
$101,636
+11.3% vs 2022
Median grant
$100,000
Total assets
$4,536,164
+3.2% vs 2022
Primary geography
Louisiana (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990, 2023 View filing

Data from IRS Form 990, 2023; updated September 2026.

How to apply to Nola Business Alliance

Contact

Mailing address: 1250 Poydras Street Suite 2150, New Orleans, LA 70113
Phone: (504) 934-4500
Website: https://nolaba.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Nola Business Alliance funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Thrive Nola: $250KThrive Nola$250KYouthforce Nola: $175KYouthforce Nola$175KCity of New Orleans: $128KCity of New Orleans$128KNewcorp: $110KNewcorp$110KPropeller: $100KPropeller$100KThe Water Collaborative of GNO: $100KThe Water Collaborative of GNO$100KDelgado Community College: $75KDelgado Community College$75KTrufund Financial Services: $60KTrufund Financial Services$60KGood Work Network: $50KGood Work Network$50KUrban League of Louisiana: $50KUrban League of Louisiana$50K

The largest 2023 recipient was Thrive Nola ($250K). Together the top 10 received $1.1M.

Grant Size Distribution

26 grants across all recorded years

5<$50K10$50–100K9$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 10 grants of 26 (38%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2023 went to recipients in Louisiana. The listed 2023 grantees were in New Orleans, Louisiana. The organization’s stated economic-development mission and programs focus on New Orleans and Orleans Parish.

Grant Distribution by State

4states

Share of 2023 grant dollars across all 11 itemized grants.

Cities

New OrleansForth WorthHillsboroughJackson

How Nola Business Alliance gives

  • 64% of 2023 grantees were also funded in 2022. Method

Estimate from itemized grant lists in IRS Form 990 filings (2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3MTotal only2020 Total only2021 15 grants2022 11 grants2023

From 2020 to 2023, annual grant giving ranged from $1.1M (2023) to $2.3M (2020). In 2023 it made 11 grants totaling $1.1M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Thrive Nola New Orleans, LADevelopment$250,000
Youthforce Nola New Orleans, LADevelopment$175,000
City of New Orleans New Orleans, LADevelopment$128,000
Newcorp New Orleans, LADevelopment$110,000
Propeller New Orleans, LADevelopment$100,000
The Water Collaborative of GNO New Orleans, LADevelopment$100,000
Delgado Community College New Orleans, LADevelopment$75,000
Trufund Financial Services New Orleans, LADevelopment$60,000
Good Work Network New Orleans, LADevelopment$50,000
Urban League of Louisiana New Orleans, LADevelopment$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2023$4,536,164$3,743,763$4,447,471$1,118,00011$19,102
2022$4,394,444$4,026,850$5,644,705$1,369,59315$4,895
2021$6,555,386$7,098,750$4,997,365$1,178,954Total only$4,133
2020$4,300,032$7,622,462$8,369,942$2,276,344Total only$15,724

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to help create an economy for all New Orleanians, where people are financially secure and prosperous through growth and opportunity and by reducing economic disparity. Its 2023 filing describes work to attract companies, retain and expand existing businesses, and develop retail growth. The filing also describes a neighborhood-development pilot supporting businesses and commercial corridors in seven Orleans Parish neighborhoods, a youth project connecting people ages 16–24 to employment opportunities, and an AdvancingCities program focused on investment strategies in the blue-green infrastructure industry.

The Alliance’s 2023 grants included support for organizations with varied missions. YouthForce NOLA says it equips young people to graduate high school on a path to career success. Good Work Network describes its mission as catalyzing the success of minority- and women-owned businesses. The Urban League of Louisiana says it works to empower communities, eliminate barriers to opportunity, and help people attain economic self-sufficiency.

Grantmaking

In filing year 2023, the Alliance reported 11 grants totaling $1,118,000. Grant amounts ranged from $20,000 to $250,000, with a median of $100,000. Each listed grant’s stated purpose was “development.”

The largest grants were $250,000 to Thrive NOLA, $175,000 to YouthForce NOLA, $128,000 to the City of New Orleans, $110,000 to NewCorp, and $100,000 each to Propeller and The Water Collaborative of GNO. Other 2023 recipients were Delgado Community College ($75,000), TruFund Financial Services ($60,000), Good Work Network ($50,000), Urban League of Louisiana ($50,000), and Metro-Source Inc. ($20,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists Normal Barnum as President/CE, Louis David as Interim President, and Lynette White-Colin as Senior VP SM. It also lists Sheila Burns, Jean-Guy Celestin, Andrea Chen, Gregory Curtis, Dr. Takeisha Davis, and Kim Boyle Esq. as board members, and Latoya Cantrell as “Mayor City O.” Kim Boyle Esq. is listed as Secretary.

Nola Business Alliance is led by Normal Barnum, President on every filing since 2022; 3 of 24 officers listed in 2023 are compensated.

Officers on the 2023 filing

  • Normal Barnum

    President

    On filings since 2022

    40 hrs/week

    $262K (2022) → $214K (2023)

  • Louis David

    Interim President

    New on the 2023 filing

    40 hrs/week

    $145K (2023)

  • Gilbert Montano

    Chair

    Director & Chair → Board Chair, 2021

    Board Chair → Chair, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Lynette White-Colin

    Senior Vice President Sm

    On filings since 2022

    40 hrs/week

    $118K (2022) → $144K (2023)

  • Andrea Chen

    Board Member

    Board Vice Chair → Vice Chair, 2022

    Vice Chair → Board Member, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Charles Rice

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Christy Slater

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Gregory Curtis

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Guy Williams

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Henry L Coaxum Jr.

    Past Chair

    Director & Past Chair → Immediate Past Chair, 2021

    Immediate Past Chair → Past Chair, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kim M Boyle Esq.

    Secretary

    Director & Secretary → Secretary, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Larissa Littleton-Steib

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Noah Kressler Esq.

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • R. Erich Caulfield PhD

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sheila Burns

    Board Member

    Director → Board Member, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Steven Kennedy

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Susan Talley Esq.

    Board Member

    Director → Board Member, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Takeisha C Davis MD

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Thomas Mabon

    Treasurer

    Director & Treasurer → Treasurer, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Brian Keller

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Helena Moreno

    Councilmembe

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Jean-Guy Celestin

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Latoya Cantrell

    Mayor City O

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Ron Stone

    Board Member

    New on the 2023 filing

    2 hrs/week

    No compensation reported

Former officers (14)
  • Former: Richard Tallant (2020–2022) — Board Member
  • Former: Jeanette Weiland (2021–2022) — Vice President Bio Innov
  • Former: Gregory Lawson (2022) — Ser. Vp' Snd
  • Former: Amy Landry (2020–2021) — Board Member
  • Former: Jc Celestin (2020–2021) — Board Member
  • Former: NORMAN E Barnum IV (2020–2021) — President & CEO
  • Former: Quentin L Messer Jr. (2020–2021) — President & CEO
  • Former: Honorable Helena Moreno (2021) — Councilmember At-Large
  • Former: Ashleigh Gardere (2020) — Executive Vice President & COO
  • Former: Honorable Cyndi Nguyen (2020) — Director
  • Former: Honorable LaToya Cantrell (2020) — Director
  • Former: Morgan G Stewart (2020) — Vice President of Marketing & Communications
  • Former: Nolan Marshall III (2020) — Chief Engagement & Solutions Officer
  • Former: Victoria Adams Phipps (2020) — Cso

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Normal Barnum — President/Ce: $214KNormal BarnumPresident/Ce$214KLouis David — Interim Pres: $145KLouis DavidInterim Pres$145KLynette White-Colin — Senior VP SM: $144KLynette White-ColinSenior VP SM$144K

The highest reported compensation on the 2023 filing was $214K, to Normal Barnum (President/Ce). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Nola Business Alliance

How much does Nola Business Alliance give each year?

Nola Business Alliance gave $1.1M across 11 grants in 2023, according to its 2023 IRS Form 990. In 2022 it gave $1.4M across 15 grants.

What is Nola Business Alliance's typical grant size?

Nola Business Alliance's median grant in 2023 was $100,000, and its average grant was $101,636, across 11 grants on its 2023 IRS Form 990.

Where does Nola Business Alliance give grants?

Nola Business Alliance gives mostly in Louisiana: 100% of the grant dollars itemized on its 2023 IRS Form 990 went to recipients there. The most frequent recipient cities were New Orleans, LA (11 grants).

Does Nola Business Alliance give general operating support?

Not in 2023: none of the 11 grants with a stated purpose on Nola Business Alliance's 2023 IRS Form 990 were described as general or operating support. Recurring purposes include "Development" (11 grants).

Who are Nola Business Alliance's largest grantees?

Nola Business Alliance's largest 2023 grantees include Thrive Nola ($250,000), Youthforce Nola ($175,000) and City of New Orleans ($128,000), according to its 2023 IRS Form 990. Together they received 49% of its itemized 2023 grant dollars.

How large is Nola Business Alliance?

Nola Business Alliance reported $4.5M in total assets on its 2023 IRS Form 990. Its revenue that year was $3.7M.

What does Nola Business Alliance fund?

The organization’s stated mission is to help create an economy for all New Orleanians, where people are financially secure and prosperous through growth and opportunity and by reducing economic disparity. See mission & focus areas ↑

How do I apply for a grant from Nola Business Alliance?

Nola Business Alliance has no public application process in the sources Grantable reviewed. Check nolaba.org for current guidelines, or contact the foundation directly before submitting a request.

What is Nola Business Alliance's EIN?

Nola Business Alliance's EIN (Employer Identification Number) is 27-3654312. IRS Form 990 filing data is available on this page for 2020–2023.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 19, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 30, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 25, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS February 3, 2025)
  5. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Nola Business Alliance's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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