Nola Business Alliance

NEW ORLEANS, LA EIN: 27-3654312 Website

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

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M2020202120222023
Metric202320222021
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

$0$342K$685K$1M$1M0 grants20200 grants202115 grants202211 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

THRIVE NOLA$250KYOUTHFORCE NOLA$175KCITY OF NEW ORLEANS$128KNEWCORP$110KPROPELLER$100KTHE WATER COLLABORATIVE …$100KDELGADO COMMUNITY COLLEGE$75KTRUFUND FINANCIAL SERVICES$60KGOOD WORK NETWORK$50KURBAN LEAGUE OF LOUISIANA$50K

Grant Size Distribution

26 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Nola Business Alliance fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

NORMAL BARNUMPRESIDENT/CE$214KLOUIS DAVIDINTERIM PRES$145KLYNETTE WHITE-COLINSENIOR VP SM$144K

From 2023 filing

NameTitleHoursCompensation
NORMAL BARNUMPRESIDENT/CE40$213,557
LOUIS DAVIDINTERIM PRES40$145,263
LYNETTE WHITE-COLINSENIOR VP SM40$143,663
SHEILA BURNSBOARD MEMBER2
LATOYA CANTRELLMAYOR CITY O2
JEAN-GUY CELESTINBOARD MEMBER2
ANDREA CHENBOARD MEMBER2
GREGORY CURTISBOARD MEMBER2
DR TAKEISHA DAVISBOARD MEMBER2
KIM BOYLE ESQSECRETARY2
NOAH KRESSLER ESQBOARD MEMBER2
SUSAN TALLEY ESQBOARD MEMBER2
HENRY COAXUM JRPAST CHAIR2
BRIAN KELLERBOARD MEMBER2
STEVEN KENNEDYBOARD MEMBER2
LARISSA LITTLETON-STEIBBOARD MEMBER2
THOMAS MABONTREASURER2
GILBERT MONTANOCHAIR2
HELENA MORENOCOUNCILMEMBE2
R ERICH CAULFIELD PHDBOARD MEMBER2
CHARLES RICEBOARD MEMBER2
CHRISTY SLATERBOARD MEMBER2
RON STONEBOARD MEMBER2
GUY WILLIAMSBOARD MEMBER2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

Forth WorthHillsboroughJacksonNew Orleans

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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