Program areas at Inclusive Action for the City
Inclusive Action for the City is a community development financial institution (cdfi) that serves los angeles county and beyond through dual interventions: research-informed advocacy and community centered microfinance. Inclusive Action for the City's programs and sevices are divided into two areas of work: access to capital and policy advocacy and research, each designed to support the equitable economic development in la's most vulnerable communities.our access to capital programs provide capital and business coaching to low-income entrepreneurs who are historically underserved by financial institutions and deprived of opportunities to invest in their businesses. Iac's low-interest loan program, the semi'a fund has provided over $2m in low-interest loans to nearly 230 entrepreneurs in the la county area. Iac's approach to lending is unique in a few key ways: one, iac serves a high-need and completely overlooked population of low-income micro-entrepreneurs, including street vendors, home based businesses, and mom-and-pop shops; two, iac offers businesses coaching with every loan, which is a necessity for the population iac serves but a rarity in the industry; three, iac uses bespoke "character-based lending" methods that enables the taking on of clients that are deemed "risky" by others (due to age, immigration status, lack of business formalization, financial business systems, documentation of business owner etc. ); and four, iac staff are from communities of color and immigrants, endowing them with experience and capabilities to understand iac clients' needs.in addition to the semi'a fund iac also runs the community-owned real estate (core) project, a joint project with east la community corporation and little tokyo service center to combat gentrification by acquiring, rehabilitating, and preserving commercial properties in rapidily gentrifying neighborhoods and increase access to affordable commercial space for locally-owned businessess. Through this initiative, iac and its partners successfully acquired and rehabilitated five commercial properties and are close to achieving full occupancy. This year, iac is developing an strategy to create pathways to tenant-ownership for the core tenants. Lastly, iac is also working on launching a new iteration of the restore fund, a social impact fund that will connect marginalized entrepreneurs with equity and social capital to help their business grow and thrive.our policy advocacy and research efforts focus on creating just and equitable economic conditions for la's most vulnerable entrepreneurs. Our top policy project is co-leading the la street vendor campaign, a citywide effort that legalized street vending in the City of la in 2017 and decriminalized the activity across California in 2018. Since then, the campaing has focused on monitoring the implementation of street vending policy and works at key intervention points to advocate for more equitable conditions for street vendors. In addition to the street vendor campaing, Inclusive Action also participate in other local coalitions to support la's most vulnerable communities inclluding: the healthy la coalition, the la small business alliance for equitable communities, and the immigration integration task force.
Who funds Inclusive Action for the City
Grants from foundations and other nonprofits
Personnel at Inclusive Action for the City
Name | Title | Compensation | Date of data |
---|
Rudolph Espinoza | Executive Director | $180,200 | 2023-11-09 |
Julie Jung | Finance Director / Operations Manager | $104,607 | 2022-12-31 |
Lyric Kelkar | Policy Director | $112,351 | 2022-12-31 |
David Hsu | Chair / Director | $0 | 2022-12-31 |
Keandra Cylear Doods | Secretary / Director | $0 | 2022-12-31 |
...and 8 more key personnel |
Financials for Inclusive Action for the City
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $4,649,141 | $5,530,899 | -15.9% |
Program services | $271,877 | $1,087,498 | -75% |
Investment income and dividends | $55,923 | $23,506 | 137.9% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $20,126 | -100% |
Net income from fundraising events | $8,590 | $0 | 999% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $26,035 | $123,608 | -78.9% |
Total revenues | $5,011,566 | $6,785,637 | -26.1% |
Organizations like Inclusive Action for the City
Organization | Type | Location | Revenue |
---|
Neighborhood Development Center | 501(c)(3) | Saint Paul, MN | $11,058,060 |
Rio Grande Community Development | 501(c)(3) | Albuquerque, NM | $1,710,904 |
North Central Pennsylvania Regional Planning and Development Commission | 501(c)(3) | Ridgway, PA | $4,622,911 |
King of Prussia Business Improvement District | 501(c)(3) | King of Prussia, PA | $3,424,803 |
Greater Jamaica Development Corporation | 501(c)(3) | Jamaica, NY | $7,601,973 |
Camden Community Partnership | 501(c)(3) | Camden, NJ | $5,252,503 |
Philadelphia Chinatown Development Corporation (PCDC) | 501(c)(3) | Philadelphia, PA | $5,220,135 |
Southwest Michigan First Corporation | 501(c)(3) | Kalamazoo, MI | $5,452,905 |
Jackson County Economic Development Foundation | 501(c)(3) | Pascagoula, MS | $2,227,109 |
East Baltimore Development (EBDI) | 501(c)(3) | Baltimore, MD | $8,589,679 |
Data update history
January 21, 2024
Updated personnel
Identified 1 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 2900 E Cesar E Chavez Ave
- Los Angeles, CA 90033
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- inclusiveaction.org/Â
- Phone
- (323) 604-9765
IRS details
- EIN
- 27-0584116
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2009
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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