2025-11-03T08:52:34-08:00 2024-12-31 953521941 GTL LLP 15315 Magnolia Blvd Suite 110 Sherman Oaks CA 91403 990 2024-01-01 270584116 INCLUSIVE ACTION FOR THE CITY INCL 3236049765 2900 E CESAR E CHAVEZ AVE LOS ANGELES CA 90033 RUDOLPH ESPINOZA President & CEO 2025-11-03 true true FABIO VASCO P00332485 8185090066 2024 2025-03-06 01:10:19Z RUDOLPH ESPINOZA 2900 E CESAR E CHAVEZ AVE LOS ANGELES CA 90033 7080631 false X WWW.INCLUSIVEACTION.ORG X 2009 CA INCLUSIVE ACTION FOR THE CITY (IAC) IS A NONPROFIT ORGANIZATION AND COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) WHOSE MISSION IS TO SERVE UNDERINVESTED COMMUNITIES AND BUILD THRIVING LOCAL ECONOMIES BY IMPROVING ACCESS TO TRANSFORMATIVE CAPITAL, AND ADVANCING POLICY THROUGH COLLABORATIVE RESEARCH AND COMMUNITY-DRIVEN ADVOCACY. WE ENVISION DIVERSE COMMUNITIES THAT HAVE EQUITABLE AND SUSTAINED ACCESS TO RESOURCES, AND EXERCISE AGENCY OVER THEIR FUTURES.IAC WORKS TOWARD THIS MISSION WITH A THREE-PRONGED STRATEGY THAT HELPS COMMUNITY MEMBERS: ADDRESS IMMEDIATE NEEDS THROUGH ACCESS TO CAPITAL, SMALL BUSINESS DEVELOPMENT, AND WRAPAROUND SUPPORT SERVICES FOR LOW-INCOME ENTREPRENEURS; CREATE LONG-TERM SYSTEMS CHANGE THROUGH POLICY ADVOCACY AND COMMUNITY RESEARCH; AND BUILD ASSETS AND WEALTH THROUGH INNOVATIVE COMMUNITY-OWNED REAL ESTATE PROJECTS. 9 9 39 9 0 7298987 5953216 1272559 750832 61138 297872 90298 78711 8722982 7080631 0 0 2673507 3399325 0 683755 3076423 2208882 5749930 5608207 2973052 1472424 11756323 13675512 3116351 3563116 8639972 10112396 TO SERVE UNDERINVESTED COMMUNITIES AND BUILD THRIVING LOCAL ECONOMIES BY IMPROVING ACCESS TO TRANSFORMATIVE CAPITAL, AND ADVANCING POLICY THROUGH COLLABORATIVE RESEARCH AND COMMUNITY-DRIVEN ADVOCACY. false false 3974564 IN 2024, INCLUSIVE ACTION SUPPORTED NEARLY 1,500 COMMUNITY MEMBERS ACROSS ITS VARIOUS PROGRAMS, PROVIDING SERVICES AND ADVOCACY EFFORTS TO HELP LOW-TO-MODERATE INCOME COMMUNITY MEMBERS IMPROVE THEIR FINANCIAL STABILITY, GROW THEIR SMALL BUSINESSES, AND ACCESS GREATER ECONOMIC OPPORTUNITY.INCLUSIVE ACTIONS ACCESS TO CAPITAL AND SMALL BUSINESS DEVELOPMENT PROGAMMING PROVIDED ENTREPRENEURS AND SMALL BUSINESSES WITH NEARLY $1.25 MILLION IN LOW-INTEREST LOANS AND GRANTS TO EXAND THEIR BUSINESSES, OVER 860 HOURS OF TAILORED BUSINESS COACHING, AND 36 BUSINESS DEVELOPMENT WORKSHOPS. THE ORGANIZATIONS POLICY ADVOCACY EFFORTS RESULTED IN KEY VICTORIES FOR WORKING CLASS COMMUNITY MEMBERS AND ENTREPRENEURS, INCLUDING: HELPING PASS THE STATE OF CALIFORNIAS FIRST EVER COMMERCIAL TENANT PROTECTION LAWS; AND SUCCESSFULLY ADVOCATING FOR THE REMOVAL OF UNLAWFULNO VENDING ZONES IN THE CITY OF LOS ANGELES THAT BANNED STREET VENDORS FROM OPERATING IN SOME OF THE CITYS MOST TRAFFICKED AREAS.LASTLY, IN 2024 INCLUSIVE ACTION ALSO ADVANCE KEY REAL ESTATE PROJECTS TO HELP CREATE GREATER AFFORDABILITY AND OPPORTUNITIES FOR COMMUNITY OWNERSHIP. INCLUSIVE ACTION HELPED THE LOS ANGELES COUNTY GOVERNMENT LAUNCH THEIR FIRST-EVER LAND BANK PROJECT, WHICH IS DEDICATING $22 MILLION BETWEEN 2024-AND 2026 TO BUILDING AFFORDABLE HOUSING. INCLUSIVE ACTION ALSO ACQUIRED ITS SIXTH COMMERCIAL BUILDING IN LOS ANGELES EASTSIDE AS PART OF ITS COMMUNITY-OWNED REAL ESTATE PROJECT. THIS SIXTH BUILDING HOUSES TWO SMALL BUSINESSES AND SEVERAL RESIDENTIAL TENANTS, WITH WHOM INCLUSIVE ACTION IS WORKING TO TRANSITION INTO COLLECTIVE OWNERSHIP OF THE PROPERTY. 3974564 true true false true false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 89 0 false 39 true false false false false false false false 0 false false false false false false false X 9 9 false false false false false false false true false false false true false false false false false false CA X RUDOLPH ESPINOZA 3236049765 2900 E CESAR E CHAVEZ AVE LOS ANGELES CA 90033 RUDOLPH ESPINOZA President & CEO 40.00 0.00 X 231522 0 7374 NICOLE S ANAND DEPUTY DIRECTOR 40.00 0.00 178292 0 5972 JULIE JAE JUNG FINANCE DIRECTOR 40.00 0.00 129351 0 5042 DOUGH SMITH POLICY & LEGAL DIR 40.00 0.00 126325 0 5020 ANDREA C AVILA LENDING DIRECTOR 40.00 0.00 122664 0 4400 OSMAN AHMED COMMUNITY DIRECTOR 0.00 0.00 120358 0 3951 DAVID HSU Co-Chair 1.00 0.00 X X 0 0 0 MARIA G CABILDO Co-Chair 1.00 0.00 X X 0 0 0 KEANDRA CYLEAR DODDS Secretary 1.00 0.00 X X 0 0 0 VERONICA SALDANA Treasurer 1.00 0.00 X X 0 0 0 REMY DE LA PEZA Director 1.00 0.00 X 0 0 0 AZUSENA FAVELA Director 1.00 0.00 X 0 0 0 GRACE KIM Director 1.00 0.00 X 0 0 0 ANGIE JEAN MARIE Director 1.00 0.00 X 0 0 0 ROGER PEREZ Director 1.00 0.00 X 0 0 0 908512 31759 6 false true false COMMUNITY OWNED REAL ESTATE LLC 2917 E 1ST STREET SUITE 101 LOS ANGELES CA 90033 RENT 109678 CREATIVE URBAN SOLUTIONS INC 1572 OAK GROVE DRIVE LOS ANGELES CA 90041 STRATEGIC ADVISORY 205310 KOUNKUEY DESIGN INITIATIVE INC 800 N BROADWAY LOS ANGELES CA 90012 SIDEWALK VENDING PILOT 195891 NEIGHBORHOOD DEVELOPMENT COLLABORATIVE 1536 WYNKOOP ST DENVER CO 80202 OUTREACH & STEWARDSHIP 105000 4 954575 4998641 5953216 CONSULTING INCOME 900099 750832 750832 750832 297872 297872 0 0 0 0 0 0 0 OTHER INCOME 900099 78711 78711 78711 7080631 1127415 0 0 0 0 908512 608703 145362 154447 0 1898962 1235962 311562 351438 0 374700 238647 124242 11811 217151 142894 37557 36700 0 0 0 0 0 0 0 7832 2332 2750 2750 55617 19730 33048 2839 0 0 99463 54948 24558 19957 66326 42421 23905 0 0 21531 21531 0 0 11914 489 11425 OUTSIDE SERVICE FEES 1488075 1355854 79407 52814 PROFESIONAL FEES 122305 6038 116267 DUES & SUBSCRIPTIONS 101947 41972 37551 22424 PROVISION FOR SEMIA LOAN LOSSE 65189 65189 168683 137854 26159 4670 5608207 3974564 949888 683755 9590665 10573286 0 0 234344 240607 0 0 1373755 2092592 0 6126 6126 57130 57130 0 0 0 351117 626803 0 200316 136098 11756323 13675512 200112 402041 1193650 1536021 1514747 1481751 207842 143303 3116351 3563116 X 8639972 10112396 8639972 10112396 11756323 13675512 1472424 X false true X true true true X 2832542 5331531 4649141 7228604 5953216 25995034 0 0 0 0 2832542 5331531 4649141 7228604 5953216 25995034 0 0 25995034 4092 23506 55923 75798 297872 457191 0 4092 23506 55923 75798 297872 457191 0 1888 123608 26035 75798 78711 306040 2838522 5478645 4731099 7380200 6329799 26758265 0.97150 0.97890 0.01710 0.00790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false false false false true 63193 true 28842 false 92035 false false Part II-B, Line 1i - Other Activities Description PART II-B - DESCRIPTION OF LOBBYING ACTIVITYINCLUSIVE ACTION FOR THE CITY CONDUCTS POLICY ADVOCACY AND LIMITED LOBBYING ACTIVITIES, WITHIN IRS-ESTABLISHED LIMITS, TO CREATE MORE EQUITABLE AND ACCESSIBLE POLICIES AND PUBLIC PROGRAMS THAT ALLOW LOW-INCOME COMMUNITIES, ENTREPRENEURS AND SMALL BUSINESSES TO HAVE INCREASED ECONOMIC OPPORTUNITY. FOR EXAMPLE, IN 2024 INCLUSIVE ACTION ADVOCATED, ALONGSIDE PARTNERS IN THE SMALL BUSINESS ALLIANCE FOR EQUITABLE COMMUNITIES, FOR THE CREATION AND PASSING OF CALIFORNIA SENATE BILL 1103, THE COMMERCIAL TENANT PROTECTION ACT. AUTHORED BY CALIFORNIA SENATOR CAROLINE MENJIVAR, THE BILL DELIVERED FIRST-IN-THE-NATION COMMERCIAL PROTECTIONS TO SAFEGUARD THE SMALLEST SMALL BUSINESSES AND NONPROFITS FROM DISPLACEMENT. THIS BILL CREATED LEASING STANDARDS THAT BRING CLARITY AND STABILITY TO BOTH TENANTS AND LANDLORDS ALIKE, AND EXPANDED LANGUAGE ACCESS FOR COMMERCIAL LEASES. Part IV - Additional Information 52284 52284 4846 4846 INVESTMENT IN CORE, LLC. 416291 C FOR THE CITY VENTURES, LLC 70067 C INVESTMENT IN 4539 E CESAR 140445 C OPERATING LEASE LIAB CURRENT PORTION 69721 OPERATING LEASE LIAB NET CURRENT PORTION 73582 143303 X 7080631 7080631 7080631 5608207 5608207 5608207 Part X : FIN48 Footnote THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2024. X X X false false false false false false false false false NICOLE S ANAND DEPUTY DIRECTOR 178292 5345 627 184264 RUDOLPH ESPINOZA President & CEO 231522 6735 639 238896 Form 990, Part VI, Section B, Line 11b EXPLANATION: THE ORGANIZATION'S ACCOUNTING FIRM PREPARES THE FORM 990 IN COORDINATION WITH THE ORGANIZATIONS CHIEF FINANCIAL OFFICER. A DRAFT OF THE FORM 990 IS THEN SENT TO THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER FOR REVIEW AND APPROVAL. THE CHIEF EXECUTIVE OFFICER PROVIDES A COPY OF THE FORM 990 TO ALL BOARD MEMBERS, WHO REVIEW THE FORM 990 FOR COMPLETENESS AND ACCURACY, AND PROVIDE FINAL APPROVAL. THE ACCOUNTING FIRM PROCESSES THE FORM 990 AND RETURNS IT TO THE CHIEF EXECUTIVE OFFICER FOR SIGNATURE. Form 990, Part VI, Section C, Line 19 EXPLANATION: THE ORGANIZATION REVIEWS AND CONSIDERS ALL REQUESTS BUT WILL MAKE ITSGOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS REQUIRED BYLAW ON A CASE-BY-CASE BASIS. CORE LEVERAGE LENDER LLC 2917 EAST 1ST STREET STE 101 LOS ANGELES CA 90033 841855811 COMMERCIAL REAL ESTATE CA N/A -97730 4173 false false 0.50000 COMMUNITY OWNED REAL ESTATE LLC 2917 EAST 1ST STREET STE 101 LOS ANGELES CA 90033 841820010 COMMERCIAL REAL ESTATE CA N/A -166256 -256109 false false 0.30000 FOR THE CITY VENTURES LLC 2900 E CESAR CHAVEZ AVE LOS ANGELES CA 90033 352567003 MICRO-EQUITY FUNDING CA IAC C CORP 1.00000 true false false false false false false false false false false false false false false false false false false false