2022-11-15T10:30:06-06:00 2021-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2021-01-01 720540607 NEW ORLEANS AND COMPANY NEWO 5045665011 2020 ST CHARLES AVENUE NEW ORLEANS LA 70130 J STEPHEN PERRY OFFICER 5045665011 2022-11-14 1 J STEPHEN PERRY 999009999 JOHN S WILES CPA P01222673 5048355522 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z J STEPHEN PERRY 2020 ST CHARLES AVENUE NEW ORLEANS LA 70130 31866482 0 X WWW.NEWORLEANS.COM X 1960 LA DEVELOPING AND MARKETING THE NEW ORLEANS REGION AS THE PREMIER CONVENTION AND VISITOR DESTINATION. 29 29 159 0 0 0 384256 11012296 12110604 20298175 355582 96512 0 0 12850442 31406983 0 0 0 0 8330420 8888957 0 0 0 7541709 16548227 15872129 25437184 -3021687 5969799 60860618 100855624 10647100 42384874 50213518 58470750 THE MISSION OF NEW ORLEANS & COMPANY IS TO CREATE VIBRANT ECONOMIC GROWTH BY DEVELOPING AND MARKETING THE NEW ORLEANS REGION AS THE PREMIER VISITOR DESTINATION... INVOLVING AND LEADING THE DIVERSE ELEMENTS OF THE HOSPITALITY INDUSTRY AND THE COMMUNITY. 0 0 CONVENTION SALES, SERVICES, AND GROUP LEISURE MARKETING:NEW ORLEANS & COMPANY CONTACTS MANY ASSOCIATIONS AND CORPORATE BUSINESSES TO SOLICIT FACILITIES IN NEW ORLEANS; 609 CONVENTIONS AND MEETINGS WERE BOOKED BY NEW ORLEANS & COMPANY IN 2021. THE CONVENTION & LEISURE SALES TEAMS COMBINED BOOKED A TOTAL OF 746,858 ROOM NIGHTS IN 2021, 634,127 SALES AND 112,731 TOURISM. NEW ORLEANS & COMPANY ALSO PROVIDED ASSISTANCE TO 643 TRAVEL AGENTS AND 0 VISITORS IN 2021. PROMOTIONAL MEDIA:NEW ORLEANS & COMPANY PRINTS AND DISTRIBUTES BROCHURES AND MAPS WHICH PROVIDE INFORMATION ABOUT THE VARIOUS POINTS OF INTEREST AND EVENTS HAPPENING IN NEW ORLEANS. IN 2021, APPROXIMATELY 71,333 BROCHURES WERE CIRCULATED. ADDITIONALLY, NEW ORLEANS & COMPANY ASSISTED MEDIA AROUND THE WORLD FOR A TOTAL RESULT OF 756 ASSISTED IN 2021. MEMBERSHIP PROMOTION:NEW ORLEANS & COMPANY CONDUCTS PROMOTIONAL ACTIVITIES THROUGHOUT THE YEAR TO ATTRACT ADDITIONAL MEMBERS. THE TOTAL MEMBERSHIP FOR 2021 WAS 1,204. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 72 0 1 159 1 1 1 0 0 0 0 0 0 0 X 29 29 0 0 0 0 1 1 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X TAMMIE BOTELER 5045665094 2020 ST CHARLES AVE NEW ORLEANS LA 70130 DAVID BILBE CHAIRMAN 1.50 X X 0 0 0 AMY REIMER SILEO PAST CHAIRMAN 1.50 X 0 0 0 STAN HARRIS CHAIR ELECT 1.50 X X 0 0 0 STEVE PETTUS TREASURER 1.50 X X 0 0 0 DARRYL BERGER SECRETARY 1.50 X X 0 0 0 JIM COOK ASSITANT SECRETARY 1.50 X X 0 0 0 RON FORMAN EX OFFICIO 1.50 X 0 0 0 JIM OLIVER EX OFFICIO 1.50 X 0 0 0 JERRY REYES EX OFFICIO 1.50 X 0 0 0 DOUG THORNTON EX OFFICIO 1.50 X 0 0 0 KEVIN DOLLIOLE EX OFFICIO 1.50 X 0 0 0 BRANDY CHRISTIAN EX OFFICIO 1.50 X 0 0 0 GREGORY RUSOVICH EX OFFICIO 1.50 X 0 0 0 JULIA BLAND DIRECTOR 1.50 X 0 0 0 DAVID GALLO DIRECTOR 1.50 X 0 0 0 HENRY COAXUM DIRECTOR 1.50 X 0 0 0 STEPHEN WATSON DIRECTOR 1.50 X 0 0 0 ZEID AMMARI DIRECTOR 1.50 X 0 0 0 MICKAL ADLER DIRECTOR 1.50 X 0 0 0 TERRY EPTON DIRECTOR 1.50 X 0 0 0 TOM LEONHARD DIRECTOR 1.50 X 0 0 0 DAVID PISCOLA DIRECTOR 1.50 X 0 0 0 FRANK QUINN DIRECTOR 1.50 X 0 0 0 CHARLEE WILLIAMSON DIRECTOR 1.50 X 0 0 0 DOTTIE BELLETTO DIRECTOR 1.50 X 0 0 0 STEVE CAPUTO DIRECTOR 1.50 X 0 0 0 TOD CHAMBERS DIRECTOR 1.50 X 0 0 0 AL GROOS DIRECTOR 1.50 X 0 0 0 JIMMIE WOODS DIRECTOR 1.50 X 0 0 0 WALTER LEGER III EXECUTIVE VP & GENERAL COU 50.00 X X 337594 0 30288 JSTEPHEN PERRY PRESIDENT/CEO 60.00 X 485807 0 200998 MARK ROMIG SENIOR VP/CHIEF MARKETING 50.00 X 294175 0 25277 STEPHANIE TURNER SENIOR VP CONVENTION SALES 50.00 X 295915 0 29095 KIM PRIEZ VICE-PRESIDENT OF TOURISM 50.00 X 282146 0 16500 KELLY SCHULZ SENIOR VP COMM/PUBLIC RELA 50.00 X 227602 0 17465 TAMMIE BOTELER VP FINANCE 50.00 X 194344 0 19391 BRIAN WALKER VP INFORMATION SYSTEMS 50.00 X 194533 0 18513 CHERYL TEAMER SENIOR VP PUBLIC AFFAIRS 50.00 X 172462 0 11579 SALLEE PAVLOVICH DIR. CORP. & TRADE SHOW CO 50.00 X 220110 0 14475 DONNA GLOVER DIRECTOR OF ASSOCIATION ME 50.00 X 179884 0 18825 NATHAN PENNISON SENIOR ACCOUNT EXECUTIVE C 50.00 X 163348 0 23154 3047920 0 425560 22 0 1 0 360I 32 AVENUE OF THE AMERICAS 6TH FLOOR NEW YORK NY 10013 MARKETING/ADVERTISING 7631875 BRITISH AIRWAYS PO BOX 365 HARMONDSWORTH ENGLAND UK UB70BG ADVERTISING/RISK MITIGATION 977000 BROADMOOR LLC 2740 N ARNOULT ROAD METAIRIE LA 70002 CONSTRUCTION 552774 SIMPLE VIEW 8950 N ORACLE ROAD TUCSON AZ 85704 TOURISM SOFTWARE 145745 US TRAVEL 1100 NEW YORK AVENUE NW SUITE 450 WASHINGTON DC 20002 MARKETING/ADVERTISING 144050 15 1202329 9809967 11012296 TOURISM SUPPORT ASSESSMENT REVENU 900099 10567567 10567567 STATE OF LA FUNDING 900099 6466700 6466700 SHORT TERM RENTAL TAX 900099 1998243 1998243 HARRAH'S MARKETING FUND 900099 1000000 1000000 STAFFING SERVICES 900099 150864 150864 114801 114801 20298175 556011 556011 459499 -459499 -459499 -459499 31406983 20298175 0 96512 2456599 5399641 250052 330004 452661 5649 91998 102930 42618 8629802 244850 321499 346752 421047 388436 164594 509297 169997 EXTERNAL COMMITMENTS 2325087 NOLA X NOLA PRODUCT DEV 2129970 PUBLIC RELATIONS 316225 RESEARCH 138433 199043 25437184 10147119 46824130 6000000 6045169 3589299 4207449 34699 31313 265654 553283 23962008 4981167 19339556 18980841 20284291 23013439 1200000 1200000 60860618 100855624 1027865 3582602 506896 30527658 6504163 7031766 2608176 1242848 10647100 42384874 X 41448546 49699010 8764972 8771740 50213518 58470750 60860618 100855624 5969799 2287433 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1202329 102930 49751 152681 120233 32448 3373130 3373130 19841830 4741965 15099865 391811 219889 171922 355237 19313 335924 18980841 OTHER ACCRUED LIABILITIES 192668 ESSENCE FESTIVAL CONTRACT OBLIGATION 1050180 1242848 X 33694416 2287433 2287433 31406983 0 31406983 25437184 0 25437184 0 25437184 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE COMPANY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. X X X 1 1 X X X X X 0 1 0 WALTER LEGER III EXECUTIVE VP & GENERAL COU 226844 0 91250 0 19500 0 13131 0 17157 0 367882 0 0 0 JSTEPHEN PERRY PRESIDENT/CEO 399489 0 60318 0 26000 0 194627 0 6371 0 686805 0 0 0 MARK ROMIG SENIOR VP/CHIEF MARKETING 230675 0 37500 0 26000 0 12899 0 12378 0 319452 0 0 0 STEPHANIE TURNER SENIOR VP CONVENTION SALES 196415 0 80000 0 19500 0 11010 0 18085 0 325010 0 0 0 KIM PRIEZ VICE-PRESIDENT OF TOURISM 175069 0 81077 0 26000 0 10129 0 6371 0 298646 0 0 0 KELLY SCHULZ SENIOR VP COMM/PUBLIC RELA 155414 0 54688 0 17500 0 8750 0 8715 0 245067 0 0 0 TAMMIE BOTELER VP FINANCE 124359 0 53550 0 16435 0 7207 0 12184 0 213735 0 0 0 BRIAN WALKER VP INFORMATION SYSTEMS 121732 0 53550 0 19251 0 7207 0 11306 0 213046 0 0 0 CHERYL TEAMER SENIOR VP PUBLIC AFFAIRS 138297 0 25269 0 8896 0 7413 0 4166 0 184041 0 0 0 SALLEE PAVLOVICH DIR. CORP. & TRADE SHOW CO 134055 0 60055 0 26000 0 8104 0 6371 0 234585 0 0 0 DONNA GLOVER DIRECTOR OF ASSOCIATION ME 104445 0 49439 0 26000 0 6641 0 12184 0 198709 0 0 0 NATHAN PENNISON SENIOR ACCOUNT EXECUTIVE C 92109 0 45239 0 26000 0 6088 0 17066 0 186502 0 0 0 PART I, LINE 3 NEW ORLEANS & COMPANY COMPENSATION COMMITTEE CHARTER MEMBERSHIP: THE COMPENSATION COMMITTEE SHALL CONSIST OF ALL THREE DIRECTORS, ALL OF WHOM HAVE BEEN DETERMINED BY THE BOARD OF DIRECTORS TO BE "INDEPENDENT", AS DEFINED IN THE CHARTER OF THE COMPANY'S AUDIT COMMITTEE. PURPOSE: THE PURPOSES OF THE COMPENSATION COMMITTEE ARE TO DISCHARGE THE RESPONSIBILITIES OF THE BOARD OF DIRECTORS RELATING TO COMPENSATION OF THE COMPANY'S CEO AND OTHER EXECUTIVES. DUTIES AND RESPONSIBILITES: THE COMPENSATION COMMITTEE IS DIRECTLY RESPONSIBLE FOR ESTABLISHING ANNUAL AND LONG-TERM PERFORMANCE GOALS AND OBJECTIVES FOR THE CEO. THE COMPENSATION COMMITTEE SHALL HAVE THE RESPONSIBILTY TO: 1. REVIEW AND APPROVE CORPORATE GOALS AND OBJECTIVES RELEVANT TO CEO COMPENSATION AND EVALUATE THE PERFORMANCE OF THE CEO. 2. REVIEW AND SET THE COMPENSATION OF THE CEO BASED UPON THE EVALUATION, FOCUSING ON: A. WHETHER THE CHIEF EXECUTIVE OFFICER IS APPROPRIATELY COMPENSATED. B. WHETHER HIS COMPENSATION IS REASONABLY RELATED TO PERSONAL AND CORPORATE PERFORMANCE. C. WHETHER SEVERANCE AND POST EMPLOYMENT BENEFITS ARE PROPERLY RELATED TO THE COMPANY'S INTERESTS AND REASONABLE IN AMOUNT. 3. CONSIDER WHETHER THE CEO'S COMPENSATION AND BENEFIT PACKAGE IS APPROPRIATE FOR ATTRACTING AND RETAINING A QUALITY EXECUTIVE FOR THE COMPANY, AND MOTIVATING THE CHIEF EXECUTIVE OFFICER TO ACHIEVE THE OBJECTIVES OF THE COMPANY. 4. THE COMPENSATION COMMITTEE MAY, IN ITS SOLE DISCRETION, PREPARE OR OBTAIN COMPENSATION STUDIES OR SURVEYS OR EMPLOY A COMPENSATION CONSULTANT TO ASSIST IN THE EVALUATION OF THE COMPENSATION OF THE COMPANY'S CHIEF EXECUTIVE OFFICER. THE COMPENSATION COMMITTEE SHALL HAVE THE SOLE AUTHORITY TO APPROVE THE FEES AND OTHER RETENTION TERMS WITH RESPECT TO SUCH A COMPENSATION CONSULTANT. THE COMPENSATION COMMITTEE ALSO HAS THE AUTHORITY, AS NECESSARY AND APPROPRIATE, TO CONSULT WITH OTHER OUTSIDE ADVISORS TO ASSIST IN ITS DUTIES TO THE COMPANY. MEETINGS: THE COMPENSATION COMMITTEE SHALL MEET AT LEAST TWICE EACH YEAR AND AT SUCH OTHER TIMES AS IT DEEMS NECESSARY TO FULFILL ITS RESPONSIBILITES AND SHALL MAKE PERIODIC REPORTS TO THE BOARD OF DIRECTORS, AS APPROPRIATE. PART I, LINE 4B DURING THE YEAR ENDED DECEMBER 31, 2021 NEW ORLEANS & COMPANY OFFERED THE PRESIDENT AND CEO A PARTICIPATION IN EXECUTIVE 457(F) PLAN. THE PLAN PROVIDES FOR EMPLOYER CONTRIBUTIONS EQUAL TO PARTICIPANT'S GROSS ANNUAL BONUS RECEIVED. CONTRIBUTION FOR THE YEAR ENDED DECEMBER 31, 2021 WAS $124,256. FORM 990, PART VI, SECTION A, LINE 6 1.1 ELIGIBILITY FOR ADMISSION. ANY NATURAL PERSON, TRUST, LIMITED LIABILITY COMPANY, PARTNERSHIP, CORPORATION OR OTHER JUDICIAL PERSON IS ELIGIBLE FOR ADMISSION AS A MEMBER OF THE ORGANIZATION. 1.2 ADMISSION TO MEMBERSHIP. ADMISSION TO MEMBERSHIP SHALL BE BY APPLICATION IN ACCORDANCE WITH PROCEDURES FROM TIME TO TIME APPROVED BY THE BOARD OF DIRECTORS AND UPON PAYMENT OF DUES ASSESSED. THE EXECUTIVE COMMITTEE MAY DENY ADMISSION TO MEMBERSHIP TO ANY APPLICANT THAT THE COMMITTEE REASONABLY BELIEVES TO HAVE INTERESTS THAT, ON THE WHOLE, ARE NOT SUBSTANTIALLY ALIGNED WITH THE INTERESTS OF THE TOURISM, HOSPITALITY, SPECIAL EVENTS, SPORTS, ENTERTAINMENT, AND OTHER RELATED INDUSTRIES IN THE PARISHES OF ORLEANS, JEFFERSON, ST. BERNARD, ST. CHARLES, ST. TAMMANY, PLAQUEMINES OR ST. JOHN THE BAPTIST (THE "GREATER NEW ORLEANS AREA"). 1.3 DUES AND ASSESSMENTS. THE MEMBERS SHALL BE DIVIDED INTO SUCH CLASSES AND SERIES AS ARE SHOWN ON EXHIBIT A TO THESE BYLAWS. THE RIGHTS, PRIVILEGES AND OBLIGATIONS OF MEMBERS SHALL BE IDENTICAL IN ALL RESPECTS OTHER THAN (I) WITH RESPECT TO DUES AND ASSESSMENTS TO WHICH MEMBERS OF THE RESPECTIVE CLASSES AND SERIES ARE LIABLE AS SPECIFIED IN EXHIBIT A AND (II) WITH RESPECT TO THE MEMBERSHIP BENEFITS ACCORDED BASIC AND ADVANCE MEMBERS (CLASSES I AND II, RESPECTIVELY). THE BOARD OF DIRECTORS SHALL FIX BY RESOLUTION THE AMOUNT, DUE DATES AND METHODS OF PAYMENT OF THE DUES AND THE ASSESSMENTS TO BE PAID BY THE MEMBERS TO THE ORGANIZATION. 1.4 AFFILIATES. A PERSON IS ELIGIBLE TO BE A MEMBER ONLY FOR SO LONG AS ALL OTHER ENTITIES THAT ARE (I) OWNED, CONTROLLED OR MANAGED BY OR UNDER COMMON OWNERSHIP OR MANAGEMENT WITH THE MEMBER AND (II) ARE ENGAGED IN OPERATING ONE OR MORE RESTAURANTS, HOTELS OR OTHER HOSPITALITY COMPANIES IN THE GREATER NEW ORLEANS AREA ("AFFILIATES") ARE MEMBERS IN GOOD STANDING. FOR THESE PURPOSES, "CONTROL" MEANS THE ABILITY TO INFLUENCE MANAGEMENT IN THE DAY-TO-DAY OPERATION OF A BUSINESS. THIS PROVISION SHALL BE CONSTRUED TO ACCOMPLISH ITS PRINCIPAL PURPOSE OF ASSURING THAT ALL AFFILIATED PARTIES IN A POSITION TO BENEFIT FROM MEMBERSHIP SHOULD BE MEMBERS IN PROPORTION TO THAT POTENTIAL BENEFIT. ALL PERSONS THAT ARE PART OF A GROUP WHOSE MEMBERS SHARE OR APPEAR LIKELY TO SHARE MARKETING INFORMATION WITH ONE ANOTHER MUST BE MEMBERS IF ANYONE OF THEM IS A MEMBER. FOR EXAMPLE, HOTELS AND RESTAURANTS THAT ARE UNDER COMMON MANAGEMENT SHALL BE CONSIDERED TO BE PART OF SUCH A GROUP AND, THEREFORE, TO BE AFFILIATES; WHILE HOTELS OR RESTAURANTS OPERATED AS SEPARATE FRANCHISES UNDER THE SAME FLAG WOULD NOT. 1.5 DISCIPLINARY PROCEDURES. THE BOARD OF DIRECTORS SHALL AT ALL TIMES MAINTAIN IN EFFECT A STATEMENT OF DISCIPLINARY PROCEDURES CONCERNING STANDARDS AND PROCEDURES FOR IMPOSITION OF SANCTIONS, INCLUDING SUSPENSION AND EXPULSION, BY THE EXECUTIVE COMMITTEE AGAINST MEMBERS FOR NONPAYMENT OF DUES AND OTHER ACTS AND OMISSIONS THE BOARD IDENTIFIES IN THE STATEMENT OF DISCIPLINARY PROCEDURES AS INIMICAL TO THE INTERESTS OF THE ORGANIZATION OR THE INDUSTRY. UNLESS THE EXECUTIVE COMMITTEE EXPRESSLY PROVIDES OTHERWISE, SUSPENSION OR EXPULSION OF A MEMBER SHALL AUTOMATICALLY EFFECT THE SUSPENSION OR EXPULSION, AS THE CASE MAY BE, OF ALL THE MEMBER'S AFFILIATES. 1.6 REINSTATEMENT. THE EXECUTIVE COMMITTEE, IN ITS DISCRETION, MAY RE-ADMIT AN EXPELLED MEMBER AT ANY TIME EXCEPT THAT AN EXPELLED MEMBER AND ITS AFFILIATES SHALL BE INELIGIBLE FOR RE-ADMISSION FOR A TWO YEAR PERIOD FOLLOWING EXPULSION IN THE FOLLOWING CIRCUMSTANCES: (I) A MEMBER THAT HAS BEEN EXPELLED MORE THAN ONCE FOR NON-PAYMENT OF DUES OR ASSESSMENTS AND (II) A MEMBER THAT HAS BEEN EXPELLED FOR ANY REASON OTHER THAN NON-PAYMENT OF DUES. RE-ADMISSION SHALL BE BY APPLICATION ONLY AND SHALL BE GOVERNED BY SECION 1.2. FORM 990, PART VI, SECTION A, LINE 7A VOTING. EACH MEMBER IN GOOD STANDING IS ENTITLED TO ONE VOTE. THE MEMBERS MUST VOTE BY A BALLOT. A MAJORITY OF THE VOTES CAST AT ANY MEETING AT WHICH A QUORUM IS PRESENT SHALL SUFFICE TO CONSTITUTE THE APPROVAL OR OTHER ACTION OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE TAX RETURN BY THE AUDITING FIRM, A DRAFT IS SUBMITTED TO NEW ORLEANS & COMPANY FOR REVIEW. AFTER A THOROUGH REVIEW IS COMPLETED INTERNALLY AND CLEARING OF ALL QUESTIONS AND ANSWERS, THE AUDIT COMMITTEE IS CONVENED. A DRAFT OF THE TAX RETURN IS THEN REVIEWED IN DEPTH WITH THE AUDIT COMMITTEE PRIOR TO BEING FILED. A DRAFT OF THE TAX RETURN IS SENT TO THE FULL BOARD FOR CONCURRENCE ON RECOMMENDATIONS FROM THE AUDIT COMMITTEE AND FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FORMS SIGNED ANNUALLY; MEMBERS WITH POTENTIAL CONFLICTS ARE NOT ALLOWED TO VOTE ON ISSUES PERTAINING TO THEIR POTENTIALLY CONFLICTED AREA OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PERIODIC SURVEYS AND COMPARABLE DATA OBTAINED FROM A THIRD PARTY ARE USED TO ESTABLISH COMPENSATION. SEE ALSO SCHEDULE J PART III. FORM 990, PART VI, SECTION C, LINE 19 NEW ORLEANS & COMPANY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST, AND THEIR FINANCIAL STATEMENTS ARE PUBLIC RECORD AND CAN BE OBTAINED THROUGH THE LOUISIANA LEGISLATIVE AUDITOR. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.