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LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION (EIN 95-2597392)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202213199349307541
Schema version
2021v4.2
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)
Return2022-11-15T10:31:31-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 BOULEVARD 7TH FLOORAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900243783ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN952597392EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES AREA CHAMBER OF COMMERCEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOSABusinessNameControlTxt
Phone2135807521PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA SALINASPersonNm
Person TitleCEOPersonTitleTxt
Phone2135807521PhoneNum
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARIAPersonFirstNm
Person LastSALINASPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNAZANIN BENYAMINIPreparerPersonNm
PTINP00666808PTIN
Phone3104773924PhoneNum
Preparation2022-11-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARIA SALINASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL STREET 201AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$188,100GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LACHAMBER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO STRENGTHEN THE LOS ANGELES WORKFORCE BY INCREASING ACCESS TO COLLEGE AND POST-SECONDARY TRAINING, JOB SKILLS, AND EMPLOYMENT.ActivityOrMissionDesc
Voting Members Governing Body55VotingMembersGoverningBodyCnt
Voting Members Independent55VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers55TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$441,090PYContributionsGrantsAmt
CY Contributions Grants$188,100CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$150,481PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$591,571PYTotalRevenueAmt
CY Total Revenue$188,100CYTotalRevenueAmt
PY Grants And Similar Paid$124,605PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$323,338PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$53,318CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$585,075PYOtherExpensesAmt
CY Other Expenses$173,877CYOtherExpensesAmt
PY Total Expenses$1,033,018PYTotalExpensesAmt
CY Total Expenses$237,195CYTotalExpensesAmt
PY Revenues Less Expenses-$441,447PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$49,095CYRevenuesLessExpensesAmt
Total Assets BOY$225,747TotalAssetsBOYAmt
Total Assets EOY$495,999TotalAssetsEOYAmt
Total Liabilities BOY$86,391TotalLiabilitiesBOYAmt
Total Liabilities EOY$405,738TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$139,356NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$90,261NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION WAS ESTABLISHED IN 1970 TO CARRY OUT THE CHARITABLE AND EDUCATION OBJECTIVES OF THE L.A. AREA CHAMBER. THE VOICE OF BUSINESS IN LOS ANGELES FOR MORE THAN 125 YEARS, THE CHAMBER HAS BEEN A CHAMPION FOR ECONOMIC PROSPERITY AND QUALITY OF LIFE IN LOS ANGELES. THE CHAMBER'S FOUNDATION FOCUSES ON FURTHERING THOSE EFFORTS BY BUILDING PARTNERSHIPS THAT IMPROVE THE STANDARDS OF EDUCATION AND GENERAL QUALITY OF LIFE AND WELFARE FOR THE CITIZENS OF SOUTHERN CALIFORNIA. THE FOUNDATION WORKS TO ENSURE YOUTH HAVE EQUAL ACCESS TO EDUCATION AND HIGH LEVEL JOB TRAINING - RESULTING IN A THRIVING LOCAL ECONOMY. THE FOUNDATION SUPPORTS CRADLE-TO-CAREER EDUCATION AND WORKFORCE DEVELOPMENT PROGRAMMING TO COORDINATE AND BROKER SYSTEMIC EDUCATION REFORM.THE FOUNDATION'S FOCUS IS TO ELIMINATE BARRIERS AND MAXIMIZE ECONOMIC PROSPERITY FOR ALL, THROUGH PROVIDING TECHNICAL ASSISTANCE AND CAPACITY BUILDING FOR REGIONAL SMALL BUSINESSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$237,195ExpenseAmt
Grant$10,000GrantAmt
DescIN 2020, THE LA CHAMBER FOUNDATION ENTERED INTO A SEPARATION AGREEMENT WITH UNITE-LA, WHICH CONCLUDED AS OF JANUARY 31, 2020. THE EXPENSES AND THE GRANT WERE A PART OF PROGRAM RELATED EXPENSES UNDER THE PREVIOUS AGREEMENT.Desc
Total Program Service Expenses$237,195TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
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 StmtYes (1)IndependentAuditFinclStmtInd
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 Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
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 Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members55GoverningBodyVotingMembersCnt
Independent Voting Member55IndependentVotingMemberCnt
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 Body0Form990ProvidedToGvrnBodyInd
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 CEO0CompensationProcessCEOInd
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 Line1MARIA SALINASBusinessNameLine1Txt
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 (57 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
ALAN I ROTHENBERG
DIRECTOR1.00Yes (X)$0$0$0
TAYLOR HATHAWAY-ZEPEDA
DIRECTOR1.00Yes (X)$0$0$0
EDWARD J CASEY
DIRECTOR1.00Yes (X)$0$0$0
CAMERON ONUMAH
DIRECTOR1.00Yes (X)$0$0$0
MIKE SILACCI
DIRECTOR1.00Yes (X)$0$0$0
STEVE FINNEGAN
DIRECTOR1.00Yes (X)$0$0$0
RAUL ANAYA
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER THORNBERG
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL OCHOA
DIRECTOR1.00Yes (X)$0$0$0
MARK LOUCHHEIM
DIRECTOR1.00Yes (X)$0$0$0
THOMAS M PRISELAC
DIRECTOR1.00Yes (X)$0$0$0
WHITNEY O'NEILL ENGLANDER
DIRECTOR1.00Yes (X)$0$0$0
LISA DELONEY
DIRECTOR1.00Yes (X)$0$0$0
FRANK A STEPHAN
DIRECTOR1.00Yes (X)$0$0$0
JOHN Q DUONG
DIRECTOR1.00Yes (X)$0$0$0
JEFF WILSON
DIRECTOR1.00Yes (X)$0$0$0
DANA DEBEL
DIRECTOR1.00Yes (X)$0$0$0
PATRICK J NIEMANN
DIRECTOR1.00Yes (X)$0$0$0
JOHN F LLEWELLYN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL M SAVOY
DIRECTOR1.00Yes (X)$0$0$0
JOSHUA ENGLANDER
DIRECTOR1.00Yes (X)$0$0$0
JOSE A HERNANDEZ
DIRECTOR1.00Yes (X)$0$0$0
BRENNON J CRIST
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM CASWELL
DIRECTOR1.00Yes (X)$0$0$0
MAUREEN A KINDEL
DIRECTOR1.00Yes (X)$0$0$0
GREGORY GEYER
DIRECTOR1.00Yes (X)$0$0$0
RENATA SIMRIL
DIRECTOR1.00Yes (X)$0$0$0
AUGUSTAVIA J HAYDEL
DIRECTOR1.00Yes (X)$0$0$0
DEANE LEAVENWORTH
DIRECTOR1.00Yes (X)$0$0$0
TIMOTHY J NOONAN
DIRECTOR1.00Yes (X)$0$0$0
AG SPANOS
DIRECTOR1.00Yes (X)$0$0$0
CAT-UYEN VO
DIRECTOR1.00Yes (X)$0$0$0
FRAN INMAN
DIRECTOR1.00Yes (X)$0$0$0
GEORGE KIEFFER ESQ
DIRECTOR1.00Yes (X)$0$0$0
PHILIP R RECHT
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH A CZYZYK
DIRECTOR1.00Yes (X)$0$0$0
CELESTE M ALLEYNE
DIRECTOR1.00Yes (X)$0$0$0
KATHY BANUELOS
DIRECTOR1.00Yes (X)$0$0$0
STEVE NISSEN
DIRECTOR1.00Yes (X)$0$0$0
DAVID FLEMING
DIRECTOR1.00Yes (X)$0$0$0
JAMES E GARRISON
DIRECTOR1.00Yes (X)$0$0$0
MARIO CORDERO
DIRECTOR1.00Yes (X)$0$0$0
EUGENE D SEROKA
DIRECTOR1.00Yes (X)$0$0$0
JOHN VOTAVA
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
DENITA WILLOUGHBY
DIRECTOR1.00Yes (X)$0$0$0
FRANCISCO URIBE
DIRECTOR1.00Yes (X)$0$0$0
KAREN L HATHAWAY
DIRECTOR1.00Yes (X)$0$0$0
LISA PITNEY
DIRECTOR1.00Yes (X)$0$0$0
ELISE BUIK
DIRECTOR1.00Yes (X)$0$0$0
BRISSA SOTELO-VARGAS
DIRECTOR1.00Yes (X)$0$0$0
RANDAL J HERNANDEZ
DIRECTOR1.00Yes (X)$0$0$0
BRYAN MOELLER
DIRECTOR1.00Yes (X)$0$0$0
JEROLD B NEUMAN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MARIA SALINAS
VICE CHAIR & CEO3.00Yes (X)$0$514,149$26,758Yes (X)40.00
MARLO STROUD
CHIEF FINANCIAL/ OPERATING OFFICER3.00$0$162,920$12,885Yes (X)40.00
MARTIN BREIDSPRECHER
CHIEF OPERATING OFFICER3.00$0$237,012$16,749Yes (X)40.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$914,081TotReportableCompRltdOrgAmt
Total Other Compensation$56,392TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$188,100AllOtherContributionsAmt
Total Contributions$188,100TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$188,100TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$53,318TotalAmt
Program Services$53,318ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$73,883TotalAmt
Program Services$73,883ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,795TotalAmt
Program Services$7,795ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BAD DEBT$50,926$50,926
AFFILIATE FEES$15,976$15,976
DUES & SUBSCRIPTIONS$13,055$13,055
COMPUTER EXPENSE$10,913$10,913

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,329TotalAmt
Program Services$1,329ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$237,195TotalAmt
Program Services$237,195ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,947BOYAmt
EOY$328,331EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,279BOYAmt
EOY$13,856EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$151,930LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$58,139LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$101,587BOYAmt
EOY$93,791EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$70,934BOYAmt
EOY$60,021EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$225,747BOYAmt
EOY$495,999EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$116,591EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$192,756EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$86,391BOYAmt
EOY$96,391EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$86,391BOYAmt
EOY$405,738EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$127,311BOYAmt
EOY-$231,173EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$266,667BOYAmt
EOY$321,434EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$139,356BOYAmt
EOY$90,261EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$225,747BOYAmt
EOY$495,999EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$49,095ReconcilationRevenueExpnssAmt
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)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,454,280CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,092,982CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,764,398CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$441,090CurrentTaxYearMinus1YearAmt
Current Tax Year$188,100CurrentTaxYearAmt
Total$8,940,850TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,454,280CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,092,982CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,764,398CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$441,090CurrentTaxYearMinus1YearAmt
Current Tax Year$188,100CurrentTaxYearAmt
Total$8,940,850TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$8,940,850PublicSupportTotal509Amt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,147,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,312,167CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,431,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$149,931CurrentTaxYearMinus1YearAmt
Total$4,040,889TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,846CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,148CurrentTaxYearMinus1YearAmt
Total$130,152TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,607,876CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,422,995CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,210,751CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$682,169CurrentTaxYearMinus1YearAmt
Current Tax Year$188,100CurrentTaxYearAmt
Total$13,111,891TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.68190PublicSupportCY509Pct
Public Support PY5090.69040PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

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 D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$151,930OtherCostOrOtherBasisAmt
Depreciation$58,139DepreciationAmt
Book Value$93,791BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$93,791TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescOTHER ASSET - CRMDesc
Book Value$60,021BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$60,021TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$188,100TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$188,100RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$188,100TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$237,195TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$237,195ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$237,195TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE 23701(D). U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

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

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 SOUTH BIXEL ST SUITE 201AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Recipient EIN950947860RecipientEIN
IRC Section501(C)3IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantSMALL BUSINESS TECHNICAL ASSISTANCE DATAPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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
VICE CHAIR & CEO$0$514,149$0$0$0$0$0$15,392$0$11,366$0$540,907$0$0
MARTIN BREIDSPRECHER
CHIEF OPERATING OFFICER$0$237,012$0$0$0$0$0$7,483$0$9,266$0$253,761$0$0
MARLO STROUD
CHIEF FINANCIAL/ OPERATING OFFICER$0$162,920$0$0$0$0$0$4,872$0$8,013$0$175,805$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION SHARES CERTAIN PAYROLL AND OTHER ADMINISTRATIVE FUNCTIONS WITH LOS ANGELES AREA CHAMBER OF COMMERCE, A RELATED NONPROFIT ORGANIZATION. THE ORGANIZATION REIMBURSES THE LOS ANGELES AREA CHAMBER OF COMMERCE FOR THE COSTS OF THE PAYROLL AND ADMINISTRATIVE EXPENSES IT INCURS ON BEHALF OF LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BLA CHAMBER FOUNDATION DRAFT 990 TAX AND RELATED SCHEDULES ARE PREPARED WITH OUTSIDE SUPPORT AND COORDINATION BY FOUNDATION CHIEF FINANCIAL OFFICER.
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 C, LINE 18THE FORM 990 IS ALSO OPEN FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REASONABLE REQUEST.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 73,883. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,883.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
LOS ANGELES AREA CHAMBER OF COMMERCE
350 SOUTH BIXEL ST SUITE 201LOS ANGELESCA90017950947860CHAMBERCA501(C)(6)N/AN/A0
SOUTHERN CALIFORNIA LEADERSHIP NETWORK
350 SOUTH BIXEL STREETLOS ANGELESCA90017931055450CIVICCA501(C)(3)70LACC
LA JOBS PAC
350 SOUTH BIXEL STREETLOS ANGELESCA90017205731010PACCA5270LACC
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 Org0LoansOrGuaranteesToOtherOrgInd
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LOS ANGELES AREA CHAMBER OF COMMERCE
M$15,976ACTUAL COST
LOS ANGELES AREA CHAMBER OF COMMERCE
O$47,069ACTUAL COST
LOS ANGELES AREA CHAMBER OF COMMERCE
B$10,000ACTUAL COST