2025-11-17T15:55:40-06:00 2024-12-31 760722072 FOUMBERG JUNEJA ROCHER & CO PC 16311 VENTURA BLVD SUITE 1180 ENCINO CA 91436 990 2024-01-01 954459427 LOS ANGELES ALLIANCE FOR A NEW ECONOMY LOSA 2139779400 464 LUCAS AVENUE 202 LOS ANGELES CA 90017 VICTOR SANCHEZ EXECUTIVE DIRECTOR 2139779400 2025-11-16 0 MARK A LUCHT CPA P00112942 8189816100 2025-11-16 2024 2025-03-06 01:10:19Z VICTOR SANCHEZ 464 LUCAS AVENUE 202 LOS ANGELES CA 90017 6416408 0 X WWW.LAANE.ORG X 1993 CA TO IMPROVE THE SKILLS, WAGES, AND WORKING CONDITIONS OF WORKERS IN THE TOURISM INDUSTRY AND TO ASSURE THAT THE BENEFITS OF TOURISM CONTRIBUTE EQUITABLY TO THE ECONOMIC AND SOCIAL DEVELOPMENT OF ALL COMMUNITIES IN THE GREATER LOS ANGELES AREA. THE COUNCIL WILL PAY PARTICULAR ATTENTION TO IMMIGRANT WORKERS, WHO COMPRISE MOST OF THOSE EMPLOYED IN THE HOTELS, AMUSEMENT PARKS, RESTAURANTS, RETAIL, AND OTHER SERVICE SECTORS ASSOCIATED WITH TRAVEL AND TOURISM. 20 20 84 0 0 700 3538373 6141115 120987 0 28196 62443 0 -154064 3687556 6049494 94339 397184 0 0 3661819 4207871 0 0 445530 737306 771554 4493464 5376609 -805908 672885 9442676 6929760 3840286 584535 5602390 6345225 X TO IMPROVE THE SKILLS, WAGES, AND WORKING CONDITIONS OF WORKERS IN THE TOURISM INDUSTRY AND TO ASSURE THAT THE BENEFITS OF TOURISM CONTRIBUTE EQUITABLY TO THE ECONOMIC AND SOCIAL DEVELOPMENT OF ALL COMMUNITIES IN THE GREATER LOS ANGELES AREA. THE COUNCIL WILL PAY PARTICULAR ATTENTION TO IMMIGRANT WORKERS, WHO COMPRISE MOST OF THOSE EMPLOYED IN THE HOTELS, AMUSEMENT PARKS, RESTAURANTS, RETAIL, AND OTHER SERVICE SECTORS ASSOCIATED WITH TRAVEL AND TOURISM. 0 0 4527416 397184 LOS ANGELES ALLIANCE FOR A NEW ECONOMY (LAANE) IS A LEADING ADVOCACY ORGANIZATION DEDICATED TO BUILDING A NEW ECONOMY FOR ALL. COMBINING DYNAMIC RESEARCH, INNOVATIVE PUBLIC POLICY, AND ORGANIZING OF BROAD ALLIANCES, LAANE PROMOTES A NEW ECONOMIC APPROACH BASED ON GOOD JOBS, THRIVING COMMUNITIES, AND A HEALTHY ENVIRONMENT. LAANE ACCOMPLISHES THIS THROUGH THE FOLLOWING PROJECTS:EDUCATIONTRANSFORMING PUBLIC EDUCATION INTO A VEHICLE FOR COMMUNITY CHANGELAANE IS WORKING TO IMPROVE ACCESS AND ADVANCE OPPORTUNITIES IN PUBLIC EDUCATION FOR ALL STUDENTS SO THAT THEY THRIVE IN THE CLASSROOM, IN THEIR COMMUNITIES, AND BEYOND. BUILDING OFF A (CONTINUED ON SCH. O) COMMUNITY SCHOOLS MODEL AND IN PARTNERSHIP WITH RECLAIM OUR SCHOOLS LA, LAANE EMPOWERS PARENTS, STUDENTS, STAFF, AND TEACHERS TO BE ACTIVE PARTNERS IN SHAPING THE PRIORITIES AND FUTURE OF LAUSD.HOTELSTRANSFORMING THE LONG BEACH TOURISM INDUSTRY INTO AN ENGINE FOR GOOD JOBS AND HEALTHY COMMUNITIESLAANE IS WORKING TO ENSURE THAT THE LONG BEACH TOURISM INDUSTRY PROVIDES GOOD JOBS, STRENGTHENS COMMUNITIES, AND OFFERS A FAIR RETURN ON THE PUBLIC'S INVESTMENT. LAANE BELIEVES THAT THE LONG BEACH HOTEL INDUSTRY CAN AND MUST INVEST MORE IN ITS WORKFORCE SO IT WILL GUARANTEE LONG-TERM SUCCESS, BENEFIT RESIDENTS AND BUSINESSES ALIKE, AND CREATE MORE JOBS THAT CAN SUPPORT LONG BEACH FAMILIES.TRANSFORMING THE LONG BEACH TOURISM INDUSTRY INTO AN ENGINE FOR GOOD JOBS AND HEALTHY COMMUNITIESLAANE IS WORKING TO ENSURE THAT THE CITY OF LOS ANGELES' TOURISM INDUSTRIES PROVIDE GOOD JOBS, STRENGTHEN COMMUNITIES, AND OFFER A FAIR RETURN ON THE PUBLIC'S INVESTMENT. LAANE BELIEVES THAT THE LOS ANGELES HOTEL INDUSTRY CAN AND MUST INVEST MORE IN ITS WORKFORCE SO IT WILL GUARANTEE LONG-TERM SUCCESS, BENEFIT RESIDENTS AND BUSINESSES ALIKE, AND CREATE MORE JOBS THAT CAN SUPPORT LOS ANGELES FAMILIES.GROCERY AND RETAILTRANSFORMING GROCERY AND RETAIL INTO A HIGH ROAD INDUSTRY THAT PRIORITIZES WORKER AND CUSTOMER SAFETYLAANE IS WORKING TO IMPROVE RETAIL JOBS IN L.A. BY ENSURING THAT WORKERS HAVE ACCESS TO MORE HOURS, SAFE AND HEALTHY WORKWEEKS, AND FAIR SCHEDULING PRACTICES. LAANE BELIEVES THAT THESE FRONTLINE ESSENTIAL WORKERS DID NOT STOP BEING ESSENTIAL AT THE END OF THE COVID-19 PANDEMIC AND THAT THEY DESERVE FAMILY-SUSTAINING JOBS AND BENEFITS.CLIMATETRANSFORMING THE LOS ANGELES GREEN ECONOMY TO LEAD WITH EQUITY AND GOOD JOBSLAANE IS WORKING TO COMBAT THE CLIMATE CRISIS IN LOS ANGELES. LAANE SEEKS TO ACHIEVE A UNION-MADE, RENEWABLE ENERGY, AND WATER-RESILIENT REGIONAL FUTURE THAT CENTERS RATEPAYER EQUITY, EXPANDS ACCESS TO GREEN INFRASTRUCTURE, AND GENERATES GOOD JOBS FOR FRONTLINE COMMUNITIES. 4527416 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 84 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 CA X YOMARA ARRIVILLAGA 2139779400 464 LUCAS AVENUE STE 202 LOS ANGELES CA 90017 X KENT WONG BOARD CHAIR 2.00 0.00 X X 0 0 0 ANGELICA SALAS BOARD MEMBER 2.00 0.00 X 0 0 0 CHRIS HANNAN FROM 032024 BOARD MEMBER 2.00 0.00 X 0 0 0 CYNTHIA STRATHMANN BOARD MEMBER 2.00 0.00 X 0 0 0 DANNY TABOR BOARD MEMBER 2.00 0.00 X 0 0 0 DAVID PETTIT BOARD MEMBER 2.00 0.00 X 0 0 0 DEREK SMITH BOARD MEMBER 2.00 0.00 X 0 0 0 EDDIE INY BOARD MEMBER 2.00 0.00 X 0 0 0 GLORIA MEDINA BOARD MEMBER 2.00 0.00 X 0 0 0 KATHY FINN BOARD MEMBER 2.00 0.00 X 0 0 0 KURT PETERSEN BOARD MEMBER 2.00 0.00 X 0 0 0 MANNY VALENZUELA BOARD MEMBER 2.00 0.00 X 0 0 0 MANUEL PASTOR BOARD MEMBER 2.00 0.00 X 0 0 0 NEIDI DOMINGUEZ SECRETARY 2.00 0.00 X X 0 0 0 PETER DREIER BOARD MEMBER 2.00 0.00 X 0 0 0 PETER PALANDJIAN BOARD MEMBER 2.00 0.00 X 0 0 0 SHAWN MCCLOUD BOARD MEMBER 2.00 0.00 X 0 0 0 STEPHANIE VON SLOMSKI BOARD MEMBER 2.00 0.00 X 0 0 0 TONIA URANGA BOARD MEMBER 2.00 0.00 X 0 0 0 JOHN GRANT TO 112024 BOARD MEMBER 2.00 0.00 X 0 0 0 CECILIA ESTOLONA BOARD MEMBER 2.00 0.00 X 0 0 0 ROXANA TYNAN DIRECTOR OF SPECIEAL PROJECTS 40.00 0.00 X 146800 0 40740 YOMARA ARRIVILLAGA FINANCE DIRECTOR 40.00 0.00 X 112500 0 30613 ARELIA VALDIIVIA PROJECT DIRECTOR 40.00 0.00 X 136811 0 25284 JAMES ELMENDORF SEE SCH O POLICY DIRECTOR 40.00 0.00 X 110000 0 0 GINA PALENCAR DEVELOPMENT DIRECTOR 40.00 0.00 X 111000 0 29921 617111 0 126558 5 0 1 0 0 832580 5308535 6141115 62443 62443 212850 832580 366914 -154064 -154064 6049494 0 0 -91621 397184 397184 330653 279234 19098 32321 3054236 2579267 176403 298566 118675 91365 18417 8893 452181 347597 70859 33725 252126 216550 13799 21777 25124 25124 40421 40421 284535 284535 40589 20830 19759 147817 95863 33476 18478 70867 59056 3937 7874 66387 63147 244 2996 59656 52719 6051 886 11172 10789 128 255 RESEARCH MATERIALS AND 24986 24986 5376609 4527416 403663 445530 2220488 5826757 5970933 1106956 949049 68380 85721 45317 45317 0 0 15292 26292 60627 41941 9442676 6929760 312262 339890 14509 3513515 244645 3840286 584535 X 2512491 2419414 3089899 3925811 5602390 6345225 9442676 6929760 X 672885 69950 X X 0 1 X 1 0 X 5059266 4618406 6100867 3538373 6141115 25458027 5059266 4618406 6100867 3538373 6141115 25458027 5018344 20439683 1644 1941 6786 28196 62443 101010 100396 165649 267756 370961 904762 26463799 540242 0.77240 0.73100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNRAISING GROSS INCOME - 2020 AMOUNT: $ 100,396. 2021 AMOUNT: $ 165,649. 2022 AMOUNT: $ 267,756. 2023 AMOUNT: $ 370,961. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78694 205841 284535 5092074 5376609 418830 104708 0 0 339795 316447 330116 418830 1405188 2107782 42630 46936 37245 284535 411346 84949 79112 82529 104708 351298 526947 12171 7047 10434 78694 108346 8885 8885 0 36432 36432 0 0 DUE TO TRUST ACCOUNT 202704 OPERATING LEASE LIABILITY 41941 244645 X 6049494 0 6049494 0 6049494 5376609 0 5376609 0 5376609 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701(D) OF THE CALIFORNIA TAX CODE. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE FOR TAX PURPOSES UNDER SECTION 170(C)(2) OF THE IRC. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WILL, MORE LIKELY THAN NOT, BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2024, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. DINNER 799915 639715 160200 36920 143056 5207 WOMEN'S LUNCHEON 245515 192865 52650 99049 2500 33352 1045430 832580 212850 135969 143056 2500 38559 320084 -107234 1 ROSLA 464 LUCAS AVE 202 LOS ANGELES CA 90017 954459427 501C3 346315 0 FISCAL SPONSOR CLUE LA 464 LUCAS AVE 202 LOS ANGELES CA 90017 912076672 501C3 15000 0 COMMUNITY EMPOWERMENT SEE(FOR LIBRE) 23564 CALABASAS ROAD SUITE 201 CALABAZAS CA 91302 954116679 501C3 15000 0 COMMUNITY MOBILIZATION 3 PART I, LINE 2: THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INCLUDE OBTAINING REPORTS THAT SUPPORT THE BUDGETED AMOUNTS SUBMITTED WITH THE GRANT REQUEST AND ARE SPENT ACCORDINGLY. X X 0 0 0 0 0 0 0 0 0 ROXANA TYNAN DIRECTOR OF SPECIEAL PROJECTS 146800 0 0 0 0 0 7500 0 33240 0 187540 0 0 0 ARELIA VALDIIVIA PROJECT DIRECTOR 136811 0 0 0 0 0 6841 0 18443 0 162095 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LOS ANGELES ALLIANCE FOR A NEW ECONOMY'S CPA FIRM AND FINANCE STAFF PREPARE THE 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND FINANCE DIRECTOR. FOLLOWING THEIR REVIEW, A COMPLETE COPY IS PROVIDED TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C LOS ANGELES ALLIANCE FOR A NEW ECONOMY'S (LAANE) CONFLICT OF INTEREST POLICY COVERS INTERESTED PERSONS DEFINED AS ANY DIRECTOR, MEMBER OF A BOARD COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS OR A MEMBER OF THE STAFF MANAGEMENT TEAM WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST AS DEFINED IN THE POLICY. AT THE TIME OF THEIR APPOINTMENT, A CONFLICT OF INTEREST STATEMENT IS REQUIRED TO BE EXECUTED. DUTY TO DISCLOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON SHALL DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, SUCH PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. 1) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, SUCH PERSON LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. 2) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. 3) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. 4) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A LAANE'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE WHETHER IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN THE APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, CURRENT TAX LAW DOES NOT REQUIRE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BE PROVIDED TO THE PUBLIC. FORM 990, PART VII, LINE 1(A): JAMES ELMENDORF RECEIVED A ONE-TIME PAYMENT UPON HIS DEPARTURE FROM THE ORGANIZATION IN JANUARY 2024. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS 69,950. FORM 990, PART XII, LINE 2C: THE PROCESS REMAINS THE SAME AS PRIOR YEAR. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS REPRESENT AMOUNTS IDENTIFIED DURING THE AUDIT THAT WERE NOT REFLECTED ON THE ORIGINAL FORM 990 AFTER FILING.