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. 230 publicly reported grants to this organization, totaling roughly $15.4M, appear in IRS filings.

EIN: 954459427 LOS ANGELES, CA Latest filing: 2024
Total Revenue$6.0M
Total Expenses$5.4M
Total Assets$6.9M
Grant Records230
Funding Total$15.4M
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.

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

For grant recipient's exempt purposes
$2,242,675 9 grants
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$978,750 4 grants
PROGRAM SUPPORT
$896,206 1 grant
Equitable Cities, Climate & CA
$840,680 2 grants
GENERAL SUPPORT
$792,683 21 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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