Public Charity

LOS ANGELES ALLIANCE FOR A NEW ECONOMY

LOS ANGELES ALLIANCE FOR A NEW ECONOMY is a Public Charity headquartered in LOS ANGELES, CA. Financial data from the 2024 filing: $6.0M revenue, $5.4M expenses, $6.9M total assets. 237 publicly reported grants to this organization, totaling roughly $16.0M, appear in IRS filings.

EIN: 954459427 LOS ANGELES, CA Health Care N.E.C. NTEE: E99 Latest filing: 2024
Total Revenue$6.0M
Total Expenses$5.4M
Total Assets$6.9M
Grant Records237
Funding Total$16.0M
Filing Years2019–2024

Mission

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.

Where $100 goes at Los Angeles Alliance for a New Economy

How Los Angeles Alliance for a New Economy divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$8 Management running the organization
$11 Fundraising raising the next dollar

Inside the $81 for programs

$81
Los Angeles Alliance for a New Economy (laane) is a leading advocacy organization dedicated to building a new economy for all
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Angelica Salas
PROJECT DIRECTOR Arelia Valdiivia
BOARD MEMBER Cecilia Estolona
BOARD MEMBER Chris Hannan From 032024
BOARD MEMBER Cynthia Strathmann
BOARD MEMBER Danny Tabor

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,814,736 140 grants
Economic Development
$1,929,779 18 grants
Environment & Conservation
$1,907,051 14 grants
Health & Medicine
$1,040,833 12 grants
Education
$978,750 15 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.0M $5.4M $6.9M
2023 $3.7M $4.5M $9.4M
2022 $6.3M $4.1M $9.5M
2020 $5.2M $3.3M $5.4M
2019 $3.7M $3.3M $2.6M

Between 2019 and 2024, reported annual revenue grew from $3.7M to $6.0M (+65%), with total assets most recently reported at $6.9M.

Interactive year-over-year charts and full filing details available with membership.

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