EIN 46-4034010

The Economic Alliance Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Economic Alliance Foundation convenes community members across various economic segments to address issues related to economic development and vitality, including webinars and summits. Its mission is to support economic development and vitality in Santa Maria, CA.
Total revenues
$576,548
2023
Total expenses
$558,901
2023
Total assets
$69,306
2023
Num. employees
0
2023

Program areas at The Economic Alliance Foundation

In 2022, the Santa Ynez Mission Indians (Chumash) and The Economic Alliance Foundation (EconAlliance) initiated the Northern Santa Barbara County Broadband Strategy and Business Plan, a project funded by the Department of Commerce Economic Development Administration (EDA). This effort, in line with EconAlliances mission to promote industry understanding, entrepreneurship, and innovation, involved hiring a telecom consultancy to develop, price, and evaluate two potential fiber optic routes for North County broadband. The consultancys task was to recommend a final route and governance plan, along with providing maintenance and operational cost estimates, aligning with EconAlliances goals of driving positive impact through strategic initiatives and unique partnerships. EconAlliance completed its role in the project by late 2023, with grant activities wrapping up in 2024.
In late 2023, EconAlliance secured funding to support the Santa Ynez Mission Indians (Chumash) in promoting wind energy opportunities at their tribal learning center. This initiative includes creating educational materials on wind energy and coordinating virtual learning sessions. Additionally, EconAlliance is collaborating with California Community College to develop a two-year associate degree program in Wind Energy and Tribal Archaeology, among other related fields. These efforts align with EconAlliances mission to foster industry understanding, entrepreneurship, and workforce development, ultimately enhancing the economic vitality of Northern Santa Barbara County through strategic educational initiatives.
In September 2023, EconAlliance received a $50,000 grant from the Santa Barbara Foundation to manage a year-long internship program for 50 young adults. This program aimed to match interns with suitable worksites based on their interests and qualifications, thereby promoting the development of a highly-skilled workforce and enhancing worker opportunity. Through this initiative, EconAlliance successfully placed a dozen interns by the end of the year, with several securing employment at their internship locations, demonstrating the value of the internships to both the young adults and employers. This activity supports EconAlliances broader mission to support industry attraction, retention, and expansion, championing Northern Santa Barbara County communities and the key industry sectors that inspire regional economic vitality.

Personnel at The Economic Alliance Foundation

NameTitleCompensation
Sam CohenPresident$0
Patrice MosbyVice President Governance$0
Phil AdamVice President Finance$0
Philip TabyananVice President Fund Development$0
Francesca LindleyPast Vice President Finance
...and 3 more key personnel

Financials for The Economic Alliance Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$576,548
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
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$0
Total revenues$576,548

Form 990s for The Economic Alliance Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-04-14990EZView PDF
2021-122022-10-04990EZView PDF
2020-122021-11-15990EZView PDF
2019-122020-10-01990EZView PDF
...and 5 more Form 990s

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Data update history
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
June 17, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
June 14, 2023
Updated personnel
Identified 4 new personnel
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $5,826 from American Online Giving Foundation
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedFundraising eventsState / local levelFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
540 E Betteravia Rd D234
Santa Maria, CA 93454
Metro area
Santa Maria-Santa Barbara, CA
County
Santa Barbara County, CA
Website URL
briget.org/ 
IRS details
EIN
46-4034010
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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