Your $11.2 Million ‘gift’ to a New Orleans NGO

   
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The single most common nonpartisan issue that equally upsets everyone is discovering that their government has been wasting tax dollars. We’ve been addressing this for some time now. Our recent article covered various cooperative endeavor agreements, Louisiana’s Missing $306 MILLION: Where Did It Go? Then, another recent article addressed some spending from the supplemental appropriations bill from the 2024 regular session, Change Louisiana? This could change everything!

We’re focusing on these bills because they show we can and should reduce state government spending. If we do that, we can reduce taxes, like ending John Bel-Edwards’ “temporary” .45¢ tax that never seems to go away. I shared a list of recipients of these taxpayer benefits in previous articles. However, we didn’t get into details. The name of the organization and the amount received were enough to upset most reasonable people.

Just for grins, here’s the list again. You can also view it full-screen by clicking this link to the same list.

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Matt Thomassee for Youngsville Chief of Police

New Orleans and Company

Now that the high-level information has sufficiently prepared you, it might be time to get your magnifying glass and look closer. Where do we begin? Logic dictates that we look at the single largest recipient on the list. The amount of money flowing to this NGO is so ridiculous that it’s more than the next seven NGOs combined!

Who are we talking about? New Orleans and Company is a non-profit 501(c)(6) “business league” (like a Chamber of Commerce). The most recent state expenditure was $11.2 million. Yes, that’s in a single year. Looking back about four years (since 2020), the total taxpayer outlay for this non-profit has been $87,284,372.97.

A quick peek beneath the surface reveals some things that should get you even more upset than before. First, according to New Orleans and Company’s latest Form 990 filed with the IRS, they have over $100 MILLION in assets. Why such a non-profit should need a government handout is a mystery to me. Another thing is about a dozen people on their payroll receive incredible compensation. The CEO is compensated almost double that of our President of the United States!

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Jean-Paul Coussan - Public Service Commission

Compensation of some department heads

The following is the most recently available data from 2022. The CEO in this report is now retired and appears to have been replaced by Walter Leger, III.

Name Title Base Pay Bonuses Other Retirement Benefits Total
J Stephen Perry President/CEO 414,065 124,256 27,000 138,968 7,464 711,753
Mark Romig Senior VP / CMO 239,168 77,250 27,000 13,254 14,565 371,237
Walter Leger, III Executive VP / Gen Counsel 262,467 54,375 20,500 13,965 19,295 370,602
Stephanie Turner Senior VP / Convention Sales 220,231 46,875 27,000 11,886 21,201 327,193
Kim Priez Vice-President of Tourism 184,702 42,983 27,000 10,438 7,464 272,587
Kelly Schulz Senior VP Communications PR 161,852 33,797 15,154 8,901 12,953 232,657
Tammie Boteler VP Finance 142,669 30,958 18,765 7,819 13,965 214,176
Sallee Pavlovich Dir. Corp. Trade Shows 143,499 27,415 27,000 8,555 7,464 213,933
Brian Walker VP Information Systems 141,120 30,958 20,500 6,186 12,953 211,717
Jeremy Cooker VP Marketing / Special P 133,345 28,698 14,409 7,584 19,295 203,331
Donna Glover VP National Accounts / Tradeshows 114,869 23,460 27,000 7,095 13,965 186,389
Kevin Ferguson VP External Affairs 118336 26250 7754 4036 15584 171,960
TOTAL 2,157,987 521,025 251,328 234,651 150,584 3,315,575

Another striking line item (numbered 15) on the first page is that salaries have increased significantly (24%) year over year. How’d you like a 24% pay raise in our Bidenflation economy? In 2021, their total salaries and benefits (for everyone, including underlings) were $8,888,957. For 2022, that number jumped over $2 million to $10,985,208.

More data on New Orleans and Company

Because they receive state money, the New Orleans and Company must also file an annual audit with the Louisiana Legislative Auditor. Those documents don’t generally reveal salaries. However, the agency head’s total compensation is typically listed in the report. Looking at the document filed with the Legislative Auditor, you’d think the agency head was working for free! His total compensation of $711,753 is listed as zero because of the odd rules related to reporting compensation in Louisiana. Effectively, an organization can shuffle money around in such a way as to make it appear that no public dollars were used for executive compensation. It’s similar to how Planned Parenthood used to pinky-promise that no tax dollars were used for murdering American children.

Thankfully, New Orleans and Company’s form 990 gives us insight into the incredible amount of money going to salaries. According to their own documents, you, dear taxpayer, paid enough this year ($11.2 million) to cover the total compensation for every one of their employees ($11 million). Their recent annual audit shows that year over year, New Orleans and Company’s assets grew $11 million, from $103.1 million to $114.9 million. Again, this is the same amount taxpayers donated to the organization. So, the question persists: why is Louisiana giving away valuable tax dollars to non-profits who clearly don’t need the money?


Whose district is this?

Our previous articles showed who is responsible for this frivolous spending. In keeping with that effort, our list of such expenditures for this year also includes the political affiliation of the legislators in whose districts the beneficiary is domiciled. The list is embedded in the article above. You can also view it full-screen by clicking this link to the same list.

New Orleans and Company is domiciled at 2020 St Charles Ave, New Orleans, LA 70130. That address fell into districts represented by Senator Karen Carter Peterson (District 5) and House Rep Royce Duplessis (District 93). When Karen Carter Peterson resigned from the Senate (pending her arrest and sentencing for funny dealings), Royce Duplessis ran for and won her vacated seat. Duplesses was similarly replaced in the House by Alonxo Knox. Although the legislative districts were redrawn in 2021, the new lines did not change the district numbers for New Orleans and Company. By the way, all these elected representatives hail from the Democratic Party.

Now, let us return to a variation of the previous question. Why is a super-majority Republican legislature gifting $11.2 million to a Leftist Democratic Party stronghold in New Orleans? I ask this question because the previous legislature was notorious for cutting (or not approving) funding for anything in conservative districts, including roads and bridge maintenance, so they could instead authorize funds in liberal Democrat districts. Last term, that was in repayment to Democrats who voted for the fraud squad Speaker of the House, Clay Schexnayder. However, this time around, Democrat votes were not required to elect a speaker. So, why are we still funding Democrat priorities instead of cutting taxes?

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