Nonprofit · EIN 72-1129835
GREATER NEW ORLEANS SPORTS FOUNDATION
Tax-exempt · METAIRIE, LA 70005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,688,420 | $2,721,353 | $2,967,067 | $7,609,230 | $180,362 | $7,428,868 |
| June 30, 2024 | 990 | $2,632,690 | $2,408,696 | $223,994 | $4,632,245 | $301,266 | $4,330,979 |
| June 30, 2023 | 990 | $2,424,471 | $2,339,302 | $85,169 | $4,322,956 | $344,474 | $3,978,482 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,683,839
- of which government grants
- $1,400,000
- Program service revenue
- $3,608,220
- Investment income
- $62,851
- Net income from fundraising events
- $333,510
- Other revenue
- $333,510
Expenses
- Grants and similar amounts paid
- $7,476
- Other salaries and wages
- $1,403,236
- Salaries, compensation and benefits (total)
- $1,734,542
- Professional fundraising fees
- $0
- Legal fees
- $5,201
- Accounting fees
- $35,398
- Occupancy
- $107,910
- Travel
- $3,201
- Depreciation
- $779
- Program services (functional)
- $763,812
- Management and general (functional)
- $1,957,541
Balance sheet and other
- Total assets, start of year
- $4,632,245
- Total assets, end of year
- $7,609,230
- Total liabilities, end of year
- $180,362
- Net assets, end of year
- $7,428,868
- Land, buildings and equipment
- $6,878
- Publicly traded securities
- $7,008,661
- Net assets without donor restrictions
- $7,428,868
- Gross receipts
- $5,734,835
- Employees
- 15
- Year formed
- 1988
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN J CICERO | EXECUTIVE DI Key employee | 40 | $485,000 | $58,177 |
| TRICIA LOWE | VP MEMBERSHI Highest-paid employee | 40 | $154,533 | $0 |
| WILLIAM FERRANTE | SENIOR VP MA Highest-paid employee | 40 | $130,000 | $0 |
| WILLIAM DEDE | SENIOR VP O Highest-paid employee | 40 | $106,250 | $0 |
| ARNOLD BAKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN BENNETT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KIM BOYLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| THOMAS CAPELLA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAWRENCE CHEHARDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICHARD CORTIZAS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DON DAVIDSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICIA GREEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID GUZAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DIANE HOLLIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAUL VALTEAU JR | IMMEDIATE PA Trustee or director, Officer | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS LUPIN | DIRECTOR Trustee or director | 2 | $0 |
| TOM LUPO | DIRECTOR Trustee or director | 2 | $0 |
| NICK MUELLER | DIRECTOR Trustee or director | 2 | $0 |
| VINCENT PALUMBO | TREASURER Trustee or director, Officer | 2 | $0 |
| DAVID PAYTON | DIRECTOR Trustee or director | 2 | $0 |
| JOSEPH RASPANTI | DIRECTOR Trustee or director | 2 | $0 |
| AMY REIMER-SILEO | DIRECTOR Trustee or director | 2 | $0 |
| DAVID R SHERMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PHILIP SHERMAN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DOUG THORNTON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN J CICERO | EXECUTIVE DI Key employee | 40 | $385,000 |
| JEFFREY ROSSI | SENIOR VP O Highest-paid employee | 40 | $155,775 |
| WILLIAM FERRANTE | SENIOR VP MA Highest-paid employee | 40 | $115,000 |
| TRICIA LOWE | VP MEMBERSHI Highest-paid employee | 40 | $112,605 |
| ARNOLD BAKER | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN BENNETT | SECRETARY Trustee or director, Officer | 2 | $0 |
| KIM BOYLE | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS CAPELLA | DIRECTOR Trustee or director | 2 | $0 |
| LAWRENCE CHEHARDY | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD CORTIZAS | DIRECTOR Trustee or director | 2 | $0 |
| DON DAVIDSON | DIRECTOR Trustee or director | 2 | $0 |
| PATRICIA GREEN | DIRECTOR Trustee or director | 2 | $0 |
| DAVID GUZAN | DIRECTOR Trustee or director | 2 | $0 |
| DIANE HOLLIS | DIRECTOR Trustee or director | 2 | $0 |
| PAUL VALTEAU JR | IMMEDIATE PA Trustee or director, Officer | 2 | $0 |
| LOUIS LUPIN | DIRECTOR Trustee or director | 2 | $0 |
| TOM LUPO | DIRECTOR Trustee or director | 2 | $0 |
| NICK MUELLER | DIRECTOR Trustee or director | 2 | $0 |
| VINCENT PALUMBO | TREASURER Trustee or director, Officer | 2 | $0 |
| DAVID PAYTON | DIRECTOR Trustee or director | 2 | $0 |
| JOSEPH RASPANTI | DIRECTOR Trustee or director | 2 | $0 |
| AMY REIMER-SILEO | DIRECTOR Trustee or director | 2 | $0 |
| DAVID R SHERMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PHILIP SHERMAN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DOUG THORNTON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN J CICERO | EXECUTIVE DI Key employee | 40 | $402,500 |
| JEFFREY ROSSI | SENIOR VP O Highest-paid employee | 40 | $160,000 |
| WILLIAM FERRANTE | SENIOR VP MA Highest-paid employee | 40 | $119,500 |
| TRICIA LOWE | VP MEMBERSHI Highest-paid employee | 40 | $101,562 |
| ARNOLD BAKER | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN BENNETT | SECRETARY Trustee or director, Officer | 2 | $0 |
| KIM BOYLE | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS CAPELLA | DIRECTOR Trustee or director | 2 | $0 |
| LAWRENCE CHEHARDY | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD CORTIZAS | DIRECTOR Trustee or director | 2 | $0 |
| DON DAVIDSON | DIRECTOR Trustee or director | 2 | $0 |
| PATRICIA GREEN | DIRECTOR Trustee or director | 2 | $0 |
| DAVID GUZAN | DIRECTOR Trustee or director | 2 | $0 |
| DIANE HOLLIS | DIRECTOR Trustee or director | 2 | $0 |
| PAUL VALTEAU JR | IMMEDIATE PA Trustee or director, Officer | 2 | $0 |
| LOUIS LUPIN | DIRECTOR Trustee or director | 2 | $0 |
| TOM LUPO | DIRECTOR Trustee or director | 2 | $0 |
| NICK MUELLER | DIRECTOR Trustee or director | 2 | $0 |
| VINCENT PALUMBO | TREASURER Trustee or director, Officer | 2 | $0 |
| DAVID PAYTON | DIRECTOR Trustee or director | 2 | $0 |
| JOSEPH RASPANTI | DIRECTOR Trustee or director | 2 | $0 |
| AMY REIMER-SILEO | DIRECTOR Trustee or director | 2 | $0 |
| DAVID R SHERMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PHILIP SHERMAN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DOUG THORNTON | DIRECTOR Trustee or director | 2 | $0 |
| MERV TRAIL | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 320 HAMMOND HWY STE 300, METAIRIE, LA 70005-0000
- Principal officer (990 for 2024)
- PHILIP SHERMAN
- Signed the 990
- PHILIP SHERMAN, CHAIRMAN
- Phone
- (504) 525-5678
- Website
- GNOSPORTS.COM
- Return prepared by
- SEAN BRUNO CPAS
Mission
DEVELOP SPORTS TOURISM
Program accomplishments
- BRING TOGETHER SPORTS MINDED PEOPLE WHO WILL DEVOTE A PORTION OF THEIR TIME, ENERGY AND FINANCIAL SUPPORT TO DEVELOPMENT OF SPORT TOURISM & RELATED INDUSTRIES IN NEW ORLEANS AND SURROUNDING REGIONS.Expenses $763,812 · grants $7,476 · revenue $3,608,220
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 72-1129835
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,609,230
- Income (IRS master file)
- $5,734,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,688,420 | $2,721,353 | $7,609,230 | IRS |
| 990 | June 2024 | $2,632,690 | $2,408,696 | $4,632,245 | IRS |
| 990 | June 2023 | $2,424,471 | $2,339,302 | $4,322,956 | XML |
| 990 | June 2022 | $2,230,368 | $1,870,020 | $9,185,270 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1129835).
Questions about GREATER NEW ORLEANS SPORTS FOUNDATION
- What is the EIN of GREATER NEW ORLEANS SPORTS FOUNDATION?
- The employer identification number (EIN) of GREATER NEW ORLEANS SPORTS FOUNDATION is 72-1129835.
- Is GREATER NEW ORLEANS SPORTS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1990.
- Are donations to GREATER NEW ORLEANS SPORTS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does GREATER NEW ORLEANS SPORTS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER NEW ORLEANS SPORTS FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER NEW ORLEANS SPORTS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GREATER NEW ORLEANS SPORTS FOUNDATION?
- The 990 for the year ended June 30, 2025 names PHILIP SHERMAN.
- Who are the officers and directors of GREATER NEW ORLEANS SPORTS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 25 people; 4 received compensation from the organization, the highest $485,000 (JOHN J CICERO, EXECUTIVE DI).
- How much revenue does GREATER NEW ORLEANS SPORTS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,688,420, expenses of $2,721,353 and total assets of $7,609,230 at year end.
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