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Nonprofits›Nola Business Alliance

Community Improvement & Capacity Building

Nola Business Alliance

NEW ORLEANS, LA

Website View as a funder

Total revenue

$3.7M

Total expenses

$4.4M

Net assets

$3.2M

Grants received

$16.7M

36 grants

EIN

273654312

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$3.6M

Program service revenue$77K

Investment income$19K

Other revenue$2K

Total revenue$3.7M

Expenses

Grants paid$1.1M

Salaries & benefits$1.4M

Fundraising$204K

Other expenses$1.9M

Total expenses$4.4M

Total assets$4.5M

Net assets$3.2M

People

24 listed

NameRoleCompensation

SHEILA BURNS

BOARD MEMBER

Board

—

2 hrs/wk

LATOYA CANTRELL

MAYOR CITY O

Board

—

2 hrs/wk

JEAN-GUY CELESTIN

BOARD MEMBER

Board

—

2 hrs/wk

ANDREA CHEN

BOARD MEMBER

Board

—

2 hrs/wk

GREGORY CURTIS

BOARD MEMBER

Board

—

2 hrs/wk

DR TAKEISHA DAVIS

BOARD MEMBER

Board

—

2 hrs/wk

KIM BOYLE ESQ

SECRETARY

Board

—

2 hrs/wk

NOAH KRESSLER ESQ

BOARD MEMBER

Board

—

2 hrs/wk

SUSAN TALLEY ESQ

BOARD MEMBER

Board

—

2 hrs/wk

HENRY COAXUM JR

PAST CHAIR

Board

—

2 hrs/wk

BRIAN KELLER

BOARD MEMBER

Board

—

2 hrs/wk

STEVEN KENNEDY

BOARD MEMBER

Board

—

2 hrs/wk

LARISSA LITTLETON-STEIB

BOARD MEMBER

Board

—

2 hrs/wk

THOMAS MABON

TREASURER

Board

—

2 hrs/wk

GILBERT MONTANO

CHAIR

Board

—

2 hrs/wk

HELENA MORENO

COUNCILMEMBE

Board

—

2 hrs/wk

R ERICH CAULFIELD PHD

BOARD MEMBER

Board

—

2 hrs/wk

CHARLES RICE

BOARD MEMBER

Board

—

2 hrs/wk

CHRISTY SLATER

BOARD MEMBER

Board

—

2 hrs/wk

RON STONE

BOARD MEMBER

Board

—

2 hrs/wk

GUY WILLIAMS

BOARD MEMBER

Board

—

2 hrs/wk

NORMAL BARNUM

PRESIDENT/CE

Staff

$214K

40 hrs/wk

LOUIS DAVID

INTERIM PRES

Staff

$145K

40 hrs/wk

LYNETTE WHITE-COLIN

SENIOR VP SM

Staff

$144K

40 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear

MASTERCARD IMPACT FUND

$113K

SMALL BUSINESS

2024

MASTERCARD IMPACT FUND

$188K

SMALL BUSINESS

2023

JPMORGAN CHASE FOUNDATION

$1.6M

IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

2022

WK Kellogg Foundation

$750K

catalyze job growth, wealth creation, and build an equitable and sustainable economic future for New Orleans through launching a new business model that merges and aligns economic development and workforce development functions

2022

LOCAL INITIATIVES SUPPORT CORPORATION

$500K

SEE PART IV

2022

WK Kellogg Foundation

$500K

increase access to capital for entrepreneurs of color and job creation in New Orleans by supporting the launch of an entrepreneurs of color loan fund

2022

JPMORGAN CHASE FOUNDATION

$1.6M

IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

2021

WK Kellogg Foundation

$1.5M

enable the organization to achieve its mission of uniting a diverse community of stakeholders to catalyze job growth, create wealth and build an equitable and sustainable economic future for the new New Orleans by providing general operating support

2021

JPMORGAN CHASE FOUNDATION

$1.2M

IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

2021

WK Kellogg Foundation

$1M

2021

WK Kellogg Foundation

$500K

increase access to capital for entrepreneurs of color and job creation in New Orleans by supporting the launch of an entrepreneurs of color loan fund

2021

SHELL USA COMPANY FOUNDATION

$50

2021

WK Kellogg Foundation

$1M

2020

JPMORGAN CHASE FOUNDATION

$500K

IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

2020

WK Kellogg Foundation

$500K

increase access to capital for entrepreneurs of color and job creation in New Orleans by supporting the launch of an entrepreneurs of color loan fund

2020

JPMORGAN CHASE FOUNDATION

$500K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2020

CONRAD N HILTON FOUNDATION

$495K

TO BUILD THE CAPACITY OF THE WORKFORCE SYSTEM IN THE CITY OF NEW ORLEANS TO BETTER COORDINATE WITH THE HOSPITALITY SECTOR AND SERVE OPPORTUNITY YOUTH.

2020

CONRAD N HILTON FOUNDATION

$250K

FOR TEMPORARY RE-EMPLOYMENT OF OUT-OF-WORK ALUMNI OF OPPORTUNITY YOUTH SERVING ORGANIZATIONS IN FOOD SERVICE, DISTRIBUTION, AND DELIVERY FOR CITY-WIDE FEEDING PROGRAMS.

2020

COMMUNITIES FOUNDATION OF TEXAS INC

$150K

THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

2020

THE GREATER NEW ORLEANS FOUNDATION

$116K

COMMUNITY & NEIGHBORHOOD DEVELOPMENT

2020

THE ASPEN INSTITUTE INC

$115K

PARTICIPATE IN OYF RAPID RESPONSE FUND COMMUNITY OF PRACTICE

2020

THE FORD FOUNDATION

$100K

Core support for relief funds for cultural community organizations to help mitigate the economic impacts of the gig economy due to COVID 19

2020

THE KRESGE FOUNDATION

$100K

TO REDUCE THE ECONOMIC IMPACT OF COVID-19 IN NEW ORLEANS BY PROVIDING GRANTS TO GIG ECONOMY WORKERS WHO HAVE BEEN DIRECTLY IMPACTED BY LOSS OF INCOME.

2020

BLUE CROSS & BLUE SHIELD OF

$50K

GIG ECONOMY RELIEF FUND LOCAL RESPONSE TO COVID-19

2020

VERIZON FOUNDATION

$20K

GIG ECONOMY WORKER RELIEF FUND

2020

TEGNA FOUNDATION INC

$10K

GENERAL SUPPORT