Le Moyne De Bienville Club

The information for Le Moyne De Bienville Club is as of the organization's most recent filing in March '22. This organization is located in New Orleans, LA. It has been in existence for 45 years, following its founding in 1977.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Le Moyne De Bienville Club's NTEE code is N50. The "N" tells us that the organization is classified under Recreation & Sports. The "50" tells us that the organization falls under the category of Recreational Clubs. Recreational Clubs are organizations that provide facilities for recreational activities, sports, and games, as well as opportunities for socializing and sharing hobbies or interests with like-minded individuals. The Le Moyne De Bienville Club is a social club that promotes good fellowship, charitable and educational objectives, and various forms of social, literary, and musical entertainment for the benefit of its members. The organization is governed by section 7 of the Internal Revenue Code, which pertains to Social and Recreational Clubs.

Program Areas

The social, literary, and musical entertainment program area focuses on providing various forms of entertainment for the benefit of members, friends, and guests. This program area encompasses a wide range of activities and events that aim to promote social interaction and cultural enrichment.

Organization Staffing

Le Moyne De Bienville Club is run by Jeff Brennan, who is the President of the organization. The organization has 5 employees, none of whom are paid over $100k per year. Supporting the small staff are 21 volunteers.

Board Governance

The Le Moyne De Bienville Club appears to be governed fairly well, but there are some areas for improvement. The organization has 17 voting members, all of whom are independent, indicating a diverse and potentially unbiased decision-making process. The fact that potential conflicts of interest exist suggests that the organization recognizes the importance of transparency and accountability. However, there are some concerns regarding the documentation of committee meetings and the absence of a conflict of interest policy. Without proper documentation, it may be challenging to track the progress and decision-making of these committees, potentially leading to a lack of accountability. Additionally, the absence of a conflict of interest policy and the requirement for disclosure of conflicts raises questions about how the organization manages potential conflicts among its members. Furthermore, the organization lacks several important policies, such as a whistleblower policy and a document retention policy. These policies are crucial for promoting a culture of ethics and accountability within the organization. Without them, there may be a higher risk of misconduct and a lack of transparency. On a positive note, the organization does substantiate and review leadership salaries, indicating a commitment to ensuring fair compensation. However, the absence of a similar review for officer's salaries raises concerns about potential disparities within the organization. In conclusion, while the Le Moyne De Bienville Club has some strong governance practices, there are areas that require improvement. Implementing policies such as a conflict of interest policy, whistleblower policy, and document retention policy would enhance transparency and accountability within the organization. Additionally, documenting committee meetings and reviewing officer's salaries would further strengthen the governance practices of the organization.

Organization Growth

The Le Moyne De Bienville Club, a nonprofit organization, has experienced both growth and decline over the given time period. The program service revenue decreased from $466.8K in 2015 to $380.9K in 2021. However, the investment income increased from $14.7K in 2015 to $37.0K in 2021. The total revenue also increased from $360.5K in 2015 to $417.9K in 2021. On the other hand, the organization's expenses increased from $320.2K in 2015 to $443.5K in 2021. Employee salaries also saw a significant increase, from $83.7K in 2015 to $212.6K in 2021. Additionally, the total number of employees decreased from 10 in 2015 to 5 in 2021, while the number of volunteers remained the same at 21 over the given time period. Overall, while some aspects of the organization have grown, such as investment income and total revenue, other areas have experienced decline, such as program service revenue and the number of employees.

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Board, Officers & Key Employees

Name (title)Compensation
Herbert W Anderson Jr
Treasurer
$0
Alan G Brackett
Secretary
$0
Stehhen H Schonberg
Board Member
$0
Jeff Brennan
President
$0
Raymond Falk
1st Vice Prisedent
$0
Wayne Zeringue Jr
Ex-Officcio
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$380,876
Investment income $36,988
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $417,864

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