2020-11-16T11:32:33-06:00 2019-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2019-01-01 720540607 NEW ORLEANS AND COMPANY NEWO 5045665011 2020 ST CHARLES AVENUE NEW ORLEANS LA 70130 J STEPHEN PERRY OFFICER 5045665011 2020-11-16 1 JOHN S WILES CPA P01222673 5048355522 64.88.174.3 2020-11-16 11:22:15 CS P 90CABFA8522D1B94E539E75EF248B014EEE3521B 2A8A6564BED8805A9A60C76B49ACE93BC0DCFD2B 2019 2022-01-07 14:23:13Z J STEPHEN PERRY 2020 ST CHARLES AVENUE NEW ORLEANS LA 70130 37564323 0 X WWW.NEWORLEANS.COM X 1960 LA DEVELOPING AND MARKETING THE NEW ORLEANS REGION AS THE PREMIER CONVENTION AND VISITOR DESTINATION. 29 29 289 0 68000 0 1695308 1672359 35291874 35174386 567276 717578 0 0 37554458 37564323 0 0 0 0 9230258 10154005 0 0 0 26680515 25241099 35910773 35395104 1643685 2169219 55803548 64093348 8596264 12693250 47207284 51400098 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; 1,365 CONVENTIONS AND MEETINGS WERE BOOKED BY NEW ORLEANS & COMPANY IN 2019. THE CONVENTION & LEISURE SALES TEAMS COMBINED BOOKED A TOTAL OF 2,435,205 ROOM NIGHTS IN 2019. NEW ORLEANS & COMPANY ALSO PROVIDED ASSISTANCE TO 13,321 TRAVEL AGENTS AND 7,625 VISITORS IN 2019. 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 2019, APPROXIMATELY 1,625,169 BROCHURES WERE CIRCULATED. ADDITIONALLY, NEW ORLEANS & COMPANY ASSISTED MEDIA AROUND THE WORLD FOR A TOTAL RESULT OF 2,356 ASSISTED IN 2019. MEMBERSHIP PROMOTION:NEW ORLEANS & COMPANY CONDUCTS PROMOTIONAL ACTIVITIES THROUGHOUT THE YEAR TO ATTRACT ADDITIONAL MEMBERS. THE TOTAL MEMBERSHIP FOR 2019 WAS 1,118. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 107 0 1 289 1 1 1 0 0 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 JIM OLIVER DIRECTOR 1.50 X 0 0 0 AARON DIRKS DIRECTOR 1.50 X 0 0 0 ROBERT BRAY DIRECTOR 1.50 X 0 0 0 RON FORMAN EX OFFICIO 1.50 X 0 0 0 ZEID AMMARI DIRECTOR 1.50 X 0 0 0 STEPHEN WATSON DIRECTOR 1.50 X 0 0 0 TERRY EPTON DIRECTOR 1.50 X 0 0 0 MELVIN RODRIGUE EX OFFICIO 1.50 X 0 0 0 DOUG THORNTON EX OFFICIO 1.50 X 0 0 0 MICKAL ADLER DIRECTOR 1.50 X 0 0 0 FRANK QUINN DIRECTOR 1.50 X 0 0 0 STAN HARRIS EX OFFICIO 1.50 X 0 0 0 DAVID BILBE 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 JIMMIE WOODS DIRECTOR 1.50 X 0 0 0 AMY REIMER SILEO CHAIR ELECT 1.50 X 0 0 0 CHARLEE WILLIAMSON DIRECTOR 1.50 X 0 0 0 QUENTIN MESSER DIRECTOR 1.50 X 0 0 0 KRISTI TAGLAUER 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 JUSTIN AUGUSTINE EX OFFICIO 1.50 X 0 0 0 DARRYL BERGER SECRETARY EX-OFFICIO 1.50 X X 0 0 0 STEVE CAPUTO CHAIRMAN 1.50 X X 0 0 0 MICHAEL SMITH DIRECTOR 1.50 X X 0 0 0 JIM COOK ASSISTANT SECRETARY 1.50 X X 0 0 0 GREGORY RUSOVICH PAST CHAIRMAN 1.50 X X 0 0 0 STEVE PETTUS TREASURER 1.50 X X 0 0 0 NATHAN PENNISON SENIOR ACCOUNT EXECUTIVE 50.00 X 0 0 0 RAQUEL DUFAUCHARD-BAPTISTE DIRECTOR 1.50 X 0 0 0 JOCELYN HALLARON DIRECTOR 1.50 X 0 0 0 SUSAN IVES DIRECTOR 1.50 X 0 0 0 JONATHAN LARON DIRECTOR 1.50 X 0 0 0 MARIA MANZELLA DIRECTOR 1.50 X 0 0 0 HELEN MESFIN MANAGER EASTERN REGIONAL OFFICE CONVENTION SALES 50.00 X 0 0 0 LESLIE STRAUGHAN DIRECTOR 1.50 X 0 0 0 ROBERT BRAY PARTIAL YEAR DIRECTOR 1.50 X 0 0 0 JSTEPHEN PERRY PRESIDENT/CEO 60.00 X 519843 0 137978 CHERYL TEAMER SENIOR VP PUBLIC AFFAIRS 50.00 X 244594 0 16089 KIM PRIEZ VICE-PRESIDENT OF TOURISM 50.00 X 246319 0 15772 KRISTIAN SONNIER VP COMM/PUBLIC RELATIONS 50.00 X 196919 0 14163 SALLEE PAVLOVICH DIR. CORP. & TRADE SHOW CO 50.00 X 173634 0 13532 TAMMIE BOTELER VP FINANCE 50.00 X 163095 0 13374 BRIAN WALKER VP INFORMATION SYSTEMS 50.00 X 165129 0 21129 JEFFREY ANDING VP EXTERNAL AFFAIRS 50.00 X 153900 0 11768 STEPHEN HAHN SENIOR VP CONVENTION SALES 50.00 X 268320 0 11031 ROBERT RESO DIRECTOR OF NEW BUSINESS DEVELOPMENT 50.00 X 147638 0 12068 DONNA GLOVER DIRECTOR OF ASSOCIATION ME 50.00 X 146763 0 16515 CARL LAUTO SENIOR ACCOUNT EXECUTIVE 50.00 X 138243 0 15326 LAUREN CASON DIRECTOR OF MARKETING & CO 50.00 X 134869 0 11654 FAY NEDD SENIOR ACCOUNT EXECUTIVE CONVENTION SALES 50.00 X 138384 0 14602 2837650 0 325001 22 0 1 0 BROADMOOR LLC 2740 N ARNOULT ROAD METAIRIE LA 70002 CONSTRUCTION 4238754 BRITISH AIRWAYS PO BOX 365 HARMONDSWORTH ENGLAND UK UB70BG ADVERTISING/RISK MITIGATION 3987659 DICK CLARK PRODUCTION RIGHTS LLC 2900 OLYMPIC BLVD SANTA MONICA CA 90404 BROADCASTING 491667 PERCEPTURE INC 1802 ROUTE 31N STE 2-327 CLINTON NJ 08809 PUBLIC RELATIONS 339235 ESSENCE FESTIVALS PRODUCTIONS LLC 5615 CORPORATE BLVD STE 400B BATON ROUGE LA 70802 RIGHTS FEES 315000 5 1672359 1672359 TOURISM SUPPORT ASSESSMENT REVENU 900099 20000715 20000715 STATE OF LA/NOTMC FUNDING 900099 14047152 14047152 STAFFING SERVICES 900099 511692 511692 OTHER REVENUE 900099 419395 419395 INDUSTRY SHOW COST-SHARE 900099 127432 127432 68000 68000 35174386 717578 717578 37564323 35106386 68000 717578 2386594 6321194 198420 671408 576389 33789 12025 157000 383422 13885010 370511 295297 400501 1994697 2082751 54775 464968 157412 REBRANDING 1880442 EXTERNAL COMMITMENTS 1075000 CLIENT SERVICE INITIATI 722020 FESTIVAL SPONSORSHIPS 484109 787370 35395104 17725718 18121847 7184458 8432659 18192 24110 1635180 818123 23615432 6615815 12832190 16999617 15207810 18496992 1200000 1200000 55803548 64093348 3640782 3800848 15600 32212 3183056 4939882 5677134 8596264 12693250 X 35030919 39248866 12176365 12151232 47207284 51400098 55803548 64093348 2169219 2023595 0 X X 0 1 X 1 0 0 0 0 1672359 157000 157000 164393 -7393 3373130 3373130 17862330 4411734 13450596 459042 459042 0 922776 787515 135261 998154 957524 40630 16999617 OTHER ACCRUED LIABILITIES 4293829 PROMISE TO GIVE 1383305 5677134 X 39587918 2023595 2023595 37564323 0 37564323 35395104 0 35395104 0 35395104 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. UNITED KINGDOM 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 320801 FRANCE 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 260252 GERMANY 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 255919 BRAZIL 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 19452 MEXICO 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 11400 CHINA 1 1 PROGRAM SERVICES MARKET NEW ORLEANS AS A TOURIST DESTINATION; EXPENDITURES INCLUDE FEES AND OPERATIONAL EXPENSES. 142741 6 6 0 0 6 6 1010565 0 1010565 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X 1 1 X X X X X 0 1 0 JSTEPHEN PERRY PRESIDENT/CEO 380453 0 114390 0 25000 0 131884 0 6094 0 657821 0 0 0 CHERYL TEAMER SENIOR VP PUBLIC AFFAIRS 187558 0 45043 0 11993 0 9995 0 6094 0 260683 0 0 0 KIM PRIEZ VICE-PRESIDENT OF TOURISM 168713 0 52606 0 25000 0 9703 0 6069 0 262091 0 0 0 KRISTIAN SONNIER VP COMM/PUBLIC RELATIONS 141555 0 36364 0 19000 0 8069 0 6094 0 211082 0 0 0 SALLEE PAVLOVICH DIR. CORP. & TRADE SHOW CO 122941 0 25693 0 25000 0 7438 0 6094 0 187166 0 0 0 TAMMIE BOTELER VP FINANCE 122110 0 28817 0 12168 0 6517 0 6857 0 176469 0 0 0 BRIAN WALKER VP INFORMATION SYSTEMS 123278 0 28817 0 13034 0 6517 0 14612 0 186258 0 0 0 JEFFREY ANDING VP EXTERNAL AFFAIRS 116567 0 27878 0 9455 0 6318 0 5450 0 165668 0 0 0 STEPHEN HAHN SENIOR VP CONVENTION SALES 256363 0 0 0 11957 0 5338 0 5693 0 279351 0 0 0 ROBERT RESO DIRECTOR OF NEW BUSINESS DEVELOPMENT 127987 0 12969 0 6682 0 3515 0 8553 0 159706 0 0 0 DONNA GLOVER DIRECTOR OF ASSOCIATION ME 94598 0 27165 0 25000 0 6106 0 10409 0 163278 0 0 0 CARL LAUTO SENIOR ACCOUNT EXECUTIVE 96387 0 26893 0 14963 0 4763 0 10563 0 153569 0 0 0 FAY NEDD SENIOR ACCOUNT EXECUTIVE CONVENTION 88846 0 42651 0 6887 0 4919 0 9683 0 152986 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, 2019 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, 2019 WAS $118,626. 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 VI, SECTION A, LINE 9: ROBERT RESO 4113 LAKE TRAIL DRIVE KENNER, LA 70065 STEPHEN HAHN 3119 CARLETON ST. SAN DIEGO, CA 92106 KRISTIAN SONNIER 1208 N. LOPEZ NEW ORLEANS, LA 70119 JEFF ANDING 3909 CLIFFORD AVE. METAIRIE, LA 70002 HELEN MESFIN 3525 S. DAKOTA, NE WASHINGTON, DC 20018 JONATHAN LARON 2756 N. PINE GROVE, APT. 912 CHICAGO, IL 60614 FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. WELCOME CENTER BUILDING LLC 2020 ST CHARLES AVENUE NEW ORLEANS LA 70130 522182916 TO MANAGE THE PROPERTY AT THE LOCATION OF N.O. & COMPANY'S OPERATING CENTER LA 0 8113305 NEW ORLEANS & COMPANY