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EIN 95-3532380

Los Angeles LDC

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Inglewood
State
California
Year formed
1980
Most recent tax filings
2022-09-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Los Angeles LDC facilitates access to capital and provides advisory services to borrowers in distressed areas. Their mission is to create high impact by implementing reinvestment strategies and providing community development advisory services to business borrowers in targeted high poverty areas. They assist both borrowers and lenders with the implementation of economic activities and reinvestment strategies. The organization is located in Inglewood, CA.
Total revenues
$59,144
2022
Total expenses
$0
2022
Total assets
$1,944,017
2022
Num. employees
0
2022

Program areas at Los Angeles LDC

Community development adviosry services to borrowers and lenders to assist with the implentation of reivestment strategies and economic activities.

Who funds Los Angeles LDC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$25,000

Personnel at Los Angeles LDC

NameTitleCompensation
Michael BannerPresident and Chief Executive Officer$0
Teresa M. IsagoOperations Manager

Financials for Los Angeles LDC

RevenuesFYE 09/2022
Total grants, contributions, etc.$6,500
Program services$9,375
Investment income and dividends$372
Tax-exempt bond proceeds$472
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$42,425
Total revenues$59,144

Form 990s for Los Angeles LDC

Fiscal year endingDate received by IRSFormPDF link
2022-092023-10-27990View PDF
2021-092023-11-14990View PDF
2020-092021-12-08990View PDF
2019-092020-10-14990View PDF
2018-092019-10-11990View PDF
...and 8 more Form 990s

Organizations like Los Angeles LDC

OrganizationLocationRevenue
Champion Community InvestmentsDu Quoin, IL$157,830
Adams County Rural and Industrial Development CommissionFriendship, WI$156,392
Inncuvate Community Development PartnersLargo, MD$50,024
Downtown Indiana A Non-Profit OrgIndiana, PA$117,681
HCPI Development Fund Central Baltimore Future FundBaltimore, MD$176,805
Downtown BlackstoneBlackstone, VA$117,452
Platteville Business IncubatorPlatteville, WI$236,257
Boonville NowBoonville, IN$105,336
Wilmington WorksWilmington, VT$71,832
Bethlehem ReimaginedBethlehem, NH$161,476
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from American Online Giving Foundation
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 10, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
520 N La Brea Ave Ste 108
Inglewood, CA 90302
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
losangelesldc.com/ 
Phone
(800) 366-1178
IRS details
EIN
95-3532380
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1980
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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