Skip to main content

Nonprofit · EIN 95-4459427

LOS ANGELES ALLIANCE FOR A NEW ECONOMY

Tax-exempt · LOS ANGELES, CA 90017

Financials

$3.7M$4.5M2023$6M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of LOS ANGELES ALLIANCE FOR A NEW ECONOMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,049,494$5,376,609$672,885$6,929,760$584,535$6,345,225
December 31, 2023990$3,687,556$4,493,464-$805,908$9,442,676$3,840,286$5,602,390
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,141,115
Program service revenue
$0
Investment income
$62,443
Net income from fundraising events
-$154,064
Other revenue
-$154,064

Expenses

Grants and similar amounts paid
$397,184
Compensation of officers, directors and key employees
$330,653
Other salaries and wages
$3,054,236
Salaries, compensation and benefits (total)
$4,207,871
Professional fundraising fees
$0
Legal fees
$25,124
Accounting fees
$40,421
Occupancy
$70,867
Travel
$66,387
Program services (functional)
$4,527,416
Management and general (functional)
$403,663
Fundraising (functional)
$445,530

Balance sheet and other

Total assets, start of year
$9,442,676
Total assets, end of year
$6,929,760
Total liabilities, end of year
$584,535
Net assets, end of year
$6,345,225
Publicly traded securities
$26,292
Net assets without donor restrictions
$2,419,414
Net assets with donor restrictions
$3,925,811
Gross receipts
$6,416,408
Employees
84
Volunteers
0
Year formed
1993
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROXANA TYNANDIRECTOR OF SPECIEAL PROJECTS
Officer
40$146,800$40,740
ARELIA VALDIIVIAPROJECT DIRECTOR
Highest-paid employee
40$136,811$25,284
YOMARA ARRIVILLAGAFINANCE DIRECTOR
Officer
40$112,500$30,613
GINA PALENCARDEVELOPMENT DIRECTOR
Highest-paid employee
40$111,000$29,921
JAMES ELMENDORF SEE SCH OPOLICY DIRECTOR
Highest-paid employee
40$110,000$0
KENT WONGBOARD CHAIR
Trustee or director, Officer
2$0$0
ANGELICA SALASBOARD MEMBER
Trustee or director
2$0$0
CHRIS HANNAN FROM 032024BOARD MEMBER
Trustee or director
2$0$0
CYNTHIA STRATHMANNBOARD MEMBER
Trustee or director
2$0$0
DANNY TABORBOARD MEMBER
Trustee or director
2$0$0
DAVID PETTITBOARD MEMBER
Trustee or director
2$0$0
DEREK SMITHBOARD MEMBER
Trustee or director
2$0$0
EDDIE INYBOARD MEMBER
Trustee or director
2$0$0
GLORIA MEDINABOARD MEMBER
Trustee or director
2$0$0
KATHY FINNBOARD MEMBER
Trustee or director
2$0$0
11 more people on this return
NameTitleHours / weekCompensation
KURT PETERSENBOARD MEMBER
Trustee or director
2$0
MANNY VALENZUELABOARD MEMBER
Trustee or director
2$0
MANUEL PASTORBOARD MEMBER
Trustee or director
2$0
NEIDI DOMINGUEZSECRETARY
Trustee or director, Officer
2$0
PETER DREIERBOARD MEMBER
Trustee or director
2$0
PETER PALANDJIANBOARD MEMBER
Trustee or director
2$0
SHAWN MCCLOUDBOARD MEMBER
Trustee or director
2$0
STEPHANIE VON SLOMSKIBOARD MEMBER
Trustee or director
2$0
TONIA URANGABOARD MEMBER
Trustee or director
2$0
JOHN GRANT TO 112024BOARD MEMBER
Trustee or director
2$0
CECILIA ESTOLONABOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
ROXANA TYNANEXECUTIVE DIRECTOR
Officer
40$129,699$39,552
ARELIA VALDIIVIAPROJECT DIRECTOR
Highest-paid employee
40$130,000$24,095
JAMES ELMENDORFPOLICY DIRECTOR
Highest-paid employee
40$120,046$18,412
YOMARA ARRIVILLAGAFINANCE DIRECTOR
Officer
40$108,333$28,112
GINA PALENCARDEVELOPMENT DIRECTOR
Highest-paid employee
40$105,833$27,185
JOHN GRANTBOARD MEMBER
Trustee or director, Officer
2$0$0
KURT PETERSONSECRETARY
Trustee or director
2$0$0
KENT WONGCHAIR
Trustee or director, Officer
2$0$0
PETER DREIERBOARD MEMBER
Trustee or director
2$0$0
NEIDI DOMINGUEZBOARD MEMBER
Trustee or director
2$0$0
EDDIE INYBOARD MEMBER
Trustee or director
2$0$0
CYNTHIA STRATHMANNBOARD MEMBER
Trustee or director
2$0$0
TONIA URANGABOARD MEMBER
Trustee or director
2$0$0
MANUEL PASTORBOARD MEMBER
Trustee or director
2$0$0
DAVID PETTITBOARD MEMBER
Trustee or director
2$0$0
ANGELICA SALASBOARD MEMBER
Trustee or director
2$0$0
DANNY TABORBOARD MEMBER
Trustee or director
2$0$0
MANNY VALENZUELABOARD MEMBER
Trustee or director
2$0$0
STEPHANIE VON SLOMSKIBOARD MEMBER
Trustee or director
2$0$0
SHAWN MCCLOUDBOARD MEMBER
Trustee or director
2$0$0
GLORIA MEDINABOARD MEMBER
Trustee or director
2$0$0
CECILIA ESTOLANOBOARD MEMBER
Trustee or director
2$0$0
DEREK SMITHBOARD MEMBER
Trustee or director
2$0$0
KATHY FINNBOARD MEMBER
Trustee or director
2$0$0
PETER PALANDJIANBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
464 LUCAS AVE STE 202, LOS ANGELES, CA 90017-2074
In care of
% YOMARA VALDEZ
Principal officer (990 for 2024)
VICTOR SANCHEZ, 464 LUCAS AVENUE 202, LOS ANGELES, CA 90017
Signed the 990
VICTOR SANCHEZ, EXECUTIVE DIRECTOR
Phone
(213) 977-9400
Return prepared by
FOUMBERG JUNEJA ROCHER & CO PC

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4459427 or by the name LOS ANGELES ALLIANCE FOR A NEW ECONOMY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $4,527,416 · grants $397,184

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-4459427
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E99Z)
Assets (IRS master file)
$6,929,760
Income (IRS master file)
$6,416,408

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,049,494$5,376,609$6,929,760XML
990December 2023$3,687,556$4,493,464$9,442,676XML
990December 2022$6,250,476$4,132,219$9,517,343IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4459427).

Questions about LOS ANGELES ALLIANCE FOR A NEW ECONOMY

What is the EIN of LOS ANGELES ALLIANCE FOR A NEW ECONOMY?
The employer identification number (EIN) of LOS ANGELES ALLIANCE FOR A NEW ECONOMY is 95-4459427.
Is LOS ANGELES ALLIANCE FOR A NEW ECONOMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to LOS ANGELES ALLIANCE FOR A NEW ECONOMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOS ANGELES ALLIANCE FOR A NEW ECONOMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOS ANGELES ALLIANCE FOR A NEW ECONOMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOS ANGELES ALLIANCE FOR A NEW ECONOMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LOS ANGELES ALLIANCE FOR A NEW ECONOMY?
The 990 for the year ended December 31, 2024 names VICTOR SANCHEZ.
Who are the officers and directors of LOS ANGELES ALLIANCE FOR A NEW ECONOMY?
The 990 for the year ended December 31, 2024 lists 26 people; 5 received compensation from the organization, the highest $146,800 (ROXANA TYNAN, DIRECTOR OF SPECIEAL PROJECTS).
How much revenue does LOS ANGELES ALLIANCE FOR A NEW ECONOMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,049,494, expenses of $5,376,609 and total assets of $6,929,760 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Health care