EIN 95-2597392

Los Angeles Area Chamber of Commerce Foundation

Name: Los Angeles Area Chamber of Commerce Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Funding|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Los Angeles

State

California

Year formed

1968

Most recent tax filings

2023-12-01

NTEE code, primary

T30: Public Foundations

Description

The Los Angeles Area Chamber of Commerce Foundation was established in 1970 to carry out the charitable and education objectives of the Los Angeles Area Chamber of Commerce.

Related structure

Los Angeles Area Chamber of Commerce Foundation is a subordinate organization under Los Angeles Area Chamber of Commerce.

Total revenues

$777,096

2023

Total expenses

$1,130,325

2023

Total assets

$393,356

2023

Num. employees

2023

Who funds Los Angeles Area Chamber of Commerce Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Local Initiatives Support Corporation	2023-12	See Part Iv	$41,500
Rising Communities (CHC)	2022-12	General Support	$18,750
Annenberg Foundation	2023-12	General Operating Support	$10,000
...and 3 more grants received

Personnel at Los Angeles Area Chamber of Commerce Foundation

Name	Title	Compensation	Date of data
Maria S Salinas	President and Chief Executive Officer	$0	2024-11-01
Martin Breidsprecher	Chief Operating Officer	$0	2024-11-01
Shannon Smith	Vice President , Marketing and Communications		2024-11-01
Pat Clark	Vice President , Membership		2024-11-01
Cristina Torres	Director , Finance		2024-11-01
...and 7 more key personnel

Financials for Los Angeles Area Chamber of Commerce Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$730,782	$1,219,365	-40.1%
Program services	$46,270	$0	999%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$44	$1,000	-95.6%
Total revenues	$777,096	$1,220,365	-36.3%

Form 990s for Los Angeles Area Chamber of Commerce Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-13	990	View PDF
2022-12	2023-11-13	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2021-11-15	990	View PDF
2019-12	2021-04-02	990	View PDF
...and 10 more Form 990s

Organizations like Los Angeles Area Chamber of Commerce Foundation

Organization	Type	Location	Revenue
Montgomery County Chamber Community Foundation	501(c)(3)	Rockville, MD	$1,350,303
Chicagoland Chamber of Commerce Foundation	501(c)(3)	Chicago, IL	$233,817
Texas Association of Community Colleges (TACC)	501(c)(3)	Austin, TX	$3,279,374
Colorado Restaurant Foundation	501(c)(3)	Denver, CO	$873,186
Hawaii Chamber of Commerce Foundation	501(c)(3)	Honolulu, HI	$813,763
Leadingage Washington	501(c)(3)	Tacoma, WA	$1,791,054
Human Services Council of New York	501(c)(3)	New York, NY	$1,087,800
Minnesota Association of Community Health Centers (MNACHC)	501(c)(3)	Minneapolis, MN	$2,614,831
Illinois Association for Behavioral Health (IABH)	501(c)(3)	Springfield, IL	$1,773,021
Community Economic Development Association of Michigan	501(c)(3)	Lansing, MI	$3,268,290

Data update history

January 6, 2025

Received grants

Identified 2 new grant, including a grant for $41,500 from Local Initiatives Support Corporation

November 1, 2024

Updated personnel

Identified 3 new personnel

January 3, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 3, 2024

Updated personnel

Identified 15 new personnel

January 2, 2024

Received grants

Identified 3 new grant, including a grant for $200,000 from Local Initiatives Support Corporation

Nonprofit Types

Grantmaking organizationsCorporate foundationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities

Issues

Community improvementBusiness and industry

Characteristics

Political advocacyProvides grantsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 350 S Bixel St 201; Los Angeles, CA 90017
Metro area: Los Angeles-Long Beach-Anaheim, CA
County: Los Angeles County, CA
Website URL: lachamber.com/
Facebook page: LAAreaChamber

IRS details

EIN: 95-2597392
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1968
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T30: Public Foundations
NAICS code, primary: 813910: Trade Associations
Parent/child status: Subordinate organization

California AB-488 details

AB 488 status: May Operate or Solicit for Charitable Purposes
Charity Registration status: Current - In Process
FTB status revoked: Not revoked
AG Registration Number: 011650
FTB Entity ID: 0587524
AB 488 data last updated ("as-of") date: 2024-12-31

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Los Angeles Area Chamber of Commerce Foundation

Who funds Los Angeles Area Chamber of Commerce Foundation

Personnel at Los Angeles Area Chamber of Commerce Foundation

Financials for Los Angeles Area Chamber of Commerce Foundation

Form 990s for Los Angeles Area Chamber of Commerce Foundation

Organizations like Los Angeles Area Chamber of Commerce Foundation

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