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LOS ANGELES AREA CHAMBER OF COMMERCE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LOS ANGELES AREA CHAMBER OF COMMERCE (EIN 95-0947860)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202433189349306073
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T12:49:34-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952302617PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SINGERLEWAK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110960 WILSHIRE BLVD SUITE 1100AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90024ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN950947860EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES AREA CHAMBER OF COMMERCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOSABusinessNameControlTxt
Phone2135807521PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL ST 201AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA SALINASPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone2135807521PhoneNum
Signature2024-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNANAZ BENYAMINIPreparerPersonNm
PTINP00666808PTIN
Phone3104773924PhoneNum
Preparation2024-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARIA SALINASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL ST 201AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,923,642GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.LACHAMBER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionCHAMBER'S VISION: A THRIVING REGION FOR ALLActivityOrMissionDesc
Voting Members Governing Body46VotingMembersGoverningBodyCnt
Voting Members Independent44VotingMembersIndependentCnt
Total Employee46TotalEmployeeCnt
Total Volunteers165TotalVolunteersCnt
Total Gross UBI$132,617TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$382,136PYContributionsGrantsAmt
CY Contributions Grants$1,050,050CYContributionsGrantsAmt
PY Program Service Revenue$3,756,505PYProgramServiceRevenueAmt
CY Program Service Revenue$4,221,293CYProgramServiceRevenueAmt
PY Investment Income$5,566PYInvestmentIncomeAmt
CY Investment Income$1,869CYInvestmentIncomeAmt
PY Other Revenue$1,566,325PYOtherRevenueAmt
CY Other Revenue$1,880,469CYOtherRevenueAmt
PY Total Revenue$5,710,532PYTotalRevenueAmt
CY Total Revenue$7,153,681CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,622,057PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,953,745CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,836,251PYOtherExpensesAmt
CY Other Expenses$4,126,089CYOtherExpensesAmt
PY Total Expenses$6,458,308PYTotalExpensesAmt
CY Total Expenses$8,079,834CYTotalExpensesAmt
PY Revenues Less Expenses-$747,776PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$926,153CYRevenuesLessExpensesAmt
Total Assets BOY$6,226,096TotalAssetsBOYAmt
Total Assets EOY$5,727,902TotalAssetsEOYAmt
Total Liabilities BOY$3,447,884TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,876,080TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,778,212NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,851,822NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCHAMBER'S MISSION: DESIGN AND ADVANCE OPPORTUNITIES AND SOLUTIONS FOR A THRIVING REGIONAL ECONOMY THAT ARE INCLUSIVE AND GLOBALLY COMPETITIVE. 1) ADVOCACY - BE A BOLD ADVOCATE FOR BUSINESS AS A DRIVER OF A STRONG ECONOMY THAT ENABLES PROSPERITY FOR ALL. 2) GLOBAL ENGAGEMENT - ADVANCE LOS ANGELES' ROLE AS A POWERFUL AND DYNAMIC REGION INTEGRAL TO THE GLOBAL ECONOMY. 3) COMMUNITY COLLABORATIONS FOR LOCAL AND REGIONAL ECONOMIC GROWTH AND MOBILITY - ADVANCE AND SUPPORT EFFORTS THAT ELIMINATE BARRIERS AND MAXIMIZE OPPORTUNITIES FOR ECONOMIC PROSPERITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescCHAMBER SERVES MORE THAN 1,000 MEMBERS AND THE GENERAL PUBLIC THROUGH ADVOCACY, BUSINESS DEVELOPMENT, GLOBAL ENGAGEMENT, COMMUNITY COLLABORATIONS, AND ENTREPRENUERSHIP AND INNOVATION.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee46EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members46GoverningBodyVotingMembersCnt
Independent Voting Member44IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTIN BREIDSPRECHERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2135807520PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (53 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
AG SPANOS
CHAIR2.002.00Yes (X)Yes (X)$0$0$0
ALAN ROTHENBERG
DIRECTOR1.001.00Yes (X)$0$0$0
ANDY PARK
DIRECTOR1.001.00Yes (X)$0$0$0
AUGUSTAVIA AUGIE J HAYDEL
DIRECTOR1.001.00Yes (X)$0$0$0
BRANDON YOUNG
DIRECTOR1.001.00Yes (X)$0$0$0
BRISSA SOTELO-VARGAS
DIRECTOR1.001.00Yes (X)$0$0$0
CHARLENE DIMAS-PEINADO
DIRECTOR1.001.00Yes (X)$0$0$0
DANA DEBEL
DIRECTOR1.001.00Yes (X)$0$0$0
ERIN SMITH
DIRECTOR1.001.00Yes (X)$0$0$0
EUGENE GENE D SEROKA
DIRECTOR1.001.00Yes (X)$0$0$0
FRAN INMAN
DIRECTOR1.001.00Yes (X)$0$0$0
FRANCISCO RODRIGUEZ
DIRECTOR1.001.00Yes (X)$0$0$0
FRANCISCO URIBE
DIRECTOR1.001.00Yes (X)$0$0$0
GEORGE PLA
SECOND VICE CHAIR2.002.00Yes (X)Yes (X)$0$0$0
GREGORY T GEYER
TREASURER2.002.00Yes (X)Yes (X)$0$0$0
JANET LAMKIN
FIRST VICE CHAIR2.002.00Yes (X)Yes (X)$0$0$0
JAVIER CANO
DIRECTOR1.001.00Yes (X)$0$0$0
JEFF WILSON
DIRECTOR1.001.00Yes (X)$0$0$0
JEROLD B JERRY NEUMAN
DIRECTOR1.001.00Yes (X)$0$0$0
JOSE A HERNANDEZ
DIRECTOR1.001.00Yes (X)$0$0$0
JOSEPH CZYZYK
DIRECTOR1.001.00Yes (X)$0$0$0
JUAN SALAZAR
DIRECTOR1.001.00Yes (X)$0$0$0
LARRY CHUNG
DIRECTOR1.001.00Yes (X)$0$0$0
LISA PITNEY
DIRECTOR1.001.00Yes (X)$0$0$0
LUPITA SANCHEZ-CORNEJO
DIRECTOR1.001.00Yes (X)$0$0$0
MARIA SALINAS
PRESIDENT & CEO40.003.00Yes (X)Yes (X)$670,000$0$31,311
MARIO CORDERO
DIRECTOR1.001.00Yes (X)$0$0$0
MARK LOUCHHEIM
IMMEDIATE PAST CHAIR2.002.00Yes (X)Yes (X)$0$0$0
MARTIN MARTY HODGETT
DIRECTOR1.001.00Yes (X)$0$0$0
MAUREEN KINDEL
DIRECTOR1.001.00Yes (X)$0$0$0
MICHAEL OCHOA
DIRECTOR1.001.00Yes (X)$0$0$0
MICHELE RUIZ
DIRECTOR1.001.00Yes (X)$0$0$0
MICHELLE GASKILL-HAMES
DIRECTOR1.001.00Yes (X)$0$0$0
NICOLE J SIMONIAN
DIRECTOR1.001.00Yes (X)$0$0$0
PHILIP R RECHT
DIRECTOR1.001.00Yes (X)$0$0$0
PHILLIP TATE
DIRECTOR1.001.00Yes (X)$0$0$0
RANDAL J HERNANDEZ
DIRECTOR1.001.00Yes (X)$0$0$0
RAUL A ANAYA
DIRECTOR1.001.00Yes (X)$0$0$0
STEPHEN FINNEGAN
DIRECTOR1.001.00Yes (X)$0$0$0
STEVE NISSEN
DIRECTOR1.001.00Yes (X)$0$0$0
SUNNY REELHORN PARR
DIRECTOR1.001.00Yes (X)$0$0$0
TAYLOR HATHAWAY-ZEPEDA
DIRECTOR1.001.00Yes (X)$0$0$0
TODD WILSON
DIRECTOR1.001.00Yes (X)$0$0$0
WAYNE FEUERBORN
DIRECTOR1.001.00Yes (X)$0$0$0
WHITNEY O'NEILL-ENGLANDER
DIRECTOR1.001.00Yes (X)$0$0$0
JOHN TANG
DIRECTOR1.001.00Yes (X)$0$0$0
MARTIN BREIDSPRECHER
CHIEF OPERATING OFFICER40.003.00Yes (X)$322,545$0$35,438
PATRICIA BRUNO
CHIEF POLICY OFFICER40.000.00Yes (X)$219,046$0$14,615
ANDREA NUNN
SR VICE PRES OF INNOVATION & ENTREPRENUER0.0040.00$217,610$0$17,756Yes (X)
KENNETH L WENGROD
VICE PRESIDENT OF GLOBAL TRADE40.000.00$116,902$0$38,438Yes (X)
PATRICIA VILLANUEVA
VICE PRESIDENT OF MEMBERSH40.000.00$128,512$0$23,216Yes (X)
PETER SAY SONG FOO
VICE PRESIDENT OF ENTREPRENEURSHIP & WFD0.0040.00$123,734$0$21,135Yes (X)
SHANNON SMITH
VICE PRESIDENT OF MARKETIN40.000.00$159,938$0$12,146Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,958,287TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$194,055TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNEARTH CAMPAIGNS LLC
555 CAPITOL MALL STE 640SACRAMENTOCA95814CONSULTING: POLICY RELATIONS$511,000
LEGENDS SPORTS LLC
1001 SOUTH STADIUM DRIVEINGLEWOODCA90301CATERING$343,833
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$1,050,050GovernmentGrantsAmt
Total Contributions$1,050,050TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES813910$1,938,827$1,938,827
BOARD DUES813910$1,613,500$1,613,500
MEMBER SERVICES813910$494,745$494,745
ACTIVITIES AND EVENTS REVENUE813910$161,756$161,756
PUBLICATIONS813910$12,465$12,465
FieldValueIRS element (for citing)
Total Program Service Revenue$4,221,293TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$955TotalRevenueColumnAmt
Exclusion$955ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$750,297RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$750,297RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$750,297TotalRevenueColumnAmt
Unrelated Business Revenue$120,152UnrelatedBusinessRevenueAmt
Exclusion$630,145ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$131,383SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$130,469SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$914SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$914TotalRevenueColumnAmt
Exclusion$914ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$974,100FundraisingGrossIncomeAmt
Fundraising Direct Expenses$639,492FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$334,608TotalRevenueColumnAmt
Exclusion$334,608ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSPONSORSHIPDesc
Business900099BusinessCd
Total Revenue Column$795,564TotalRevenueColumnAmt
Exclusion$795,564ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$795,564OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,153,681TotalRevenueColumnAmt
Related Or Exempt Func Income$4,208,828RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$132,617UnrelatedBusinessRevenueAmt
Exclusion$1,762,186ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,528,321TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,887,479TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$58,365TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$254,350TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$225,230TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,167TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$121,089TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$110,500TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$677,671TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$217,336TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$61,924TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$573,995TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$64,395TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$69,680TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$134,653TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$284,746TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$115,818TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROGRAM EVENT EXPENSES$711,427
DIGITAL SUPPORT$533,268
DUES & SUBSCRIPTION$222,972
TEMPORARY HELP$75,947

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$140,501TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,079,834TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$603,756BOYAmt
EOY$279,345EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$903,993BOYAmt
EOY$810,429EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$252,052BOYAmt
EOY$290,862EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,912,200LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,174,973LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,649,845BOYAmt
EOY$3,737,227EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$378,539BOYAmt
EOY$262,317EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$437,911BOYAmt
EOY$347,722EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,226,096BOYAmt
EOY$5,727,902EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$982,283BOYAmt
EOY$732,026EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,381,124BOYAmt
EOY$1,490,929EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,084,477BOYAmt
EOY$1,653,125EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,447,884BOYAmt
EOY$3,876,080EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,778,212BOYAmt
EOY$1,851,822EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,778,212BOYAmt
EOY$1,851,822EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,226,096BOYAmt
EOY$5,727,902EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$926,153ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$237NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1LA JOBS PACBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
EIN205731010EIN
Contributions Rcvd Dlvr$6,100ContributionsRcvdDlvrAmt
FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$1,939,646DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$97,830NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$52,582NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$150,412NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$174,568AggregateReportedDuesNtcAmt
Taxable-$24,156TaxableAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART I-C:FormAndLineReferenceDesc
ExplanationLA JOBS PAC IS SPONSORED BY THE LOS ANGELES AREA CHAMBER OF COMMERCE. WHILE THE LOS ANGELES AREA CHAMBER OF COMMERCE DOES NOT MAKE POLITICAL CONTRIBUTIONS TO THE LA JOBS PAC FROM ITS OWN FUNDS, IT RECEIVES PAYMENTS DIRECTLY FROM INDIVIDUALS AND/OR ENTITIES FOR THE PURPOSE OF DISTRIBUTION TO THE LA JOBS PAC. ALL SUCH FUNDS COLLECTED BY LOS ANGELES AREA CHAMBER OF COMMERCE DURING 2023 WERE DISTRIBUTED TO LA JOBS PAC. LA JOBS PAC REPORTED THIS INCOME AS POLITICAL CONTRIBUTIONS ON ITS OWN FILINGS.ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,500,000OtherCostOrOtherBasisAmt
Book Value$1,500,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,895,538OtherCostOrOtherBasisAmt
Depreciation$2,829,858DepreciationAmt
Book Value$1,065,680BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,762,953OtherCostOrOtherBasisAmt
Depreciation$1,868,224DepreciationAmt
Book Value$894,729BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,753,709OtherCostOrOtherBasisAmt
Depreciation$1,476,891DepreciationAmt
Book Value$276,818BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,737,227TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
RELATED PARTY LOAN RECEIVABLE$61,112
CRM COST$286,610
FieldValueIRS element (for citing)
Total Book Value Other Assets$347,722TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CHAMBER AND FOUNDATION ARE EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(6) AND 501(C)(3), RESPECTIVELY, AND CALIFORNIA REVENUE AND TAXATION CODE 23701(D). TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1INAUGURAL DINNEREvent1Nm
Gross Receipts Event1$974,100GrossReceiptsEvent1Amt
Gross Revenue Event1$974,100GrossRevenueEvent1Amt
Rent Facility Costs Event1$343,833RentFacilityCostsEvent1Amt
Food And Beverage Event1$277,630FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$18,029OtherDirectExpensesEvent1Amt
Gross Receipts Total$974,100GrossReceiptsTotalAmt
Gross Revenue Total Events$974,100GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$343,833RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$277,630FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$18,029OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$639,492DirectExpenseSummaryEventsAmt
Net Income Summary$334,608NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARIA SALINAS
PRESIDENT & CEO$575,000$0$95,000$0$0$0$20,052$0$11,259$0$701,311$0$0$0
MARTIN BREIDSPRECHER
CHIEF OPERATING OFFICER$277,545$0$45,000$0$0$0$10,023$0$25,415$0$357,983$0$0$0
ANDREA NUNN
SR VICE PRES OF INNOVATION & ENTREPR$217,610$0$0$0$0$0$6,497$0$11,259$0$235,366$0$0$0
PATRICIA BRUNO
CHIEF POLICY OFFICER$209,046$0$10,000$0$0$0$6,576$0$8,039$0$233,661$0$0$0
SHANNON SMITH
VICE PRESIDENT OF MARKETIN$159,938$0$0$0$0$0$4,787$0$7,359$0$172,084$0$0$0
KENNETH L WENGROD
VICE PRESIDENT OF GLOBAL TRADE$116,902$0$0$0$0$0$3,450$0$34,988$0$155,340$0$0$0
PATRICIA VILLANUEVA
VICE PRESIDENT OF MEMBERSH$128,512$0$0$0$0$0$3,890$0$19,326$0$151,728$0$0$0
PETER SAY SONG FOO
VICE PRESIDENT OF ENTREPRENEURSHIP &$123,734$0$0$0$0$0$3,906$0$17,229$0$144,869$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REIMBURSES THE CEO FOR BUSINESS USE PORTION OF A SOCIAL CLUB MEMBERSHIP. CLUB MEMBERSHIP IS PRIMARILY USED FOR BUSINESS PURPOSES FOR FURTHERING THE CHAMBER'S MISSION AMONGST THE BUSINESS COMMUNITY.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonLUPITA SANCHEZ-CORNEJOPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBOARD MEMBERRelationshipDescriptionTxt
Transaction$110,500TransactionAmt
TransactionBOARD MEMBER'S SPOUSE, JOSE CORNEJO, IS THE OWNER OF CORNEJO CONSULTING, WHICH PROVIDES LOBBYING SERVICES TO THE ORGANIZATION.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1AWITH THE AMENDED AND RESTATED BYLAWS OF THE LOS ANGELES AREA CHAMBER OF COMMERCE THAT VOTING RIGHTS AND FIDUCIARY RESPONSIBILITIES NOW RESIDES ONLY WITH THE BOARD OF DIRECTORS, RATHER THAN THE BOARD OF GOVERNORS OR THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11BLA CHAMBER DRAFT OF 990 TAX AND RELATED SCHEDULES ARE PREPARED WITH OUTSIDE SUPPORT AND COORDINATION BY CHIEF FINANCIAL OFFICER. THE DRAFT FORM 990 IS PRESENTED TO MEMBERS OF THE AUDIT COMMITTEE FOR THEIR REVIEW AND IS FURTHER DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CPERSONS COVERED UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY INCLUDE ITS BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, OFFICERS AND KEY EMPLOYEES. PURSUANT TO THE POLICY, PERSONS HAVE A DUTY TO DISCLOSE REAL, PERCEIVED, AND POTENTIAL DIRECT AND INDIRECT CONFLICTS. THE INFORMATION IS FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW AND DETERMINATION. IF A CONFLICT IS BELIEVED TO EXIST, THE AUDIT COMMITTEE DETERMINES WHETHER TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE ORGANIZATION'S BEST INTERESTS. IF THE AUDIT COMMITTEE HAS REASONABLE CAUSE TO BELIEVE ACTUAL OR POSSIBLE CONFLICTS WERE NOT DISCLOSED, THE AUDIT COMMITTEE IS EMPOWERED TO INVESTIGATE AND TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15ACEO SALARY IS DETERMINED BY SUB-COMMITTEE OF EXECUTIVE COMMITTEE OF BOARD OF DIRECTORS WHICH DOCUMENTS THE DETERMINATION FOR THE CEO'S SALARY AND BENEFITS WHICH ARE OFFERED IN A WRITTEN CONTRACT.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION'S FORM 990 MAY ALSO BE INSPECTED ON WWW.GUIDESTAR.ORG
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, ETC. ARE GENERALLY NOT MADE AVAILABLE TO THE PUBLIC AS THE ORGANIZATION IS A PRIVATE MEMBERSHIP ORGANIZATION. THESE DOCUMENTS ARE AND WILL BE PROVIDED UPON REASONABLE REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
LACC FOUNDATION
350 S BIXEL STREET STE 201LOS ANGELESCA90017952597392LA YOUTH AIDCA501(C)(3)9LOS ANGELES AREA CHAMBER OF COMMERCEYes (1)
LA JOBS PAC
350 SOUTH BIXEL STREETLOS ANGELESCA90017205731010PACCA527LOS ANGELES AREA CHAMBER OF COMMERCEYes (1)
LA JOBS ISSUES PAC SPONSORED BY LOS ANGELES AREA CHAMBER OF COMMERCE
350 SOUTH BIXEL STREETLOS ANGELESCA90017832131062PACCA527LOS ANGELES AREA CHAMBER OF COMMERCEYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION
L$160,421ACTUAL COST
LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION
O$501,762ACTUAL COST
LA JOBS PAC
L$109,895ACTUAL COST
LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION
D$15,278ACTUAL COST
LA JOBS PAC
R$10,450ACTUAL COST