Nonprofit · EIN 95-2597392
LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION
Tax-exempt · LOS ANGELES, CA 90017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,689,635 | $1,100,893 | $588,742 | $1,159,257 | $861,501 | $297,756 |
| December 31, 2023 | 990 | $777,096 | $1,130,325 | -$353,229 | $393,356 | $684,342 | -$290,986 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,677,166
- of which government grants
- $605,666
- Program service revenue
- $12,469
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $389,535
- Salaries, compensation and benefits (total)
- $470,021
- Professional fundraising fees
- $0
- Accounting fees
- $19,616
- Travel
- $2,154
- Depreciation
- $7,765
- Program services (functional)
- $1,004,260
- Management and general (functional)
- $22,424
- Fundraising (functional)
- $74,209
Balance sheet and other
- Total assets, start of year
- $393,356
- Total assets, end of year
- $1,159,257
- Total liabilities, end of year
- $861,501
- Net assets, end of year
- $297,756
- Land, buildings and equipment
- $70,496
- Net assets without donor restrictions
- -$552,244
- Net assets with donor restrictions
- $850,000
- Gross receipts
- $1,689,635
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1968
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARIA SALINAS | PRESIDENT & CEO Trustee or director, Officer | 3 | $0 | $601,432 | $30,075 |
| MARTIN BREIDSPRECHER | CHIEF OPERATING OFFICER Officer | 3 | $0 | $285,428 | $39,614 |
| PETER SAY SONG FOO | VICE PRESIDENT, ENTREPRENE Highest-paid employee | 40 | $0 | $139,617 | $24,374 |
| GREGORY T GEYER | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JANET LAMKIN | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDY PARK | SECOND VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| GEORGE PLA | FIRST VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| AG SPANOS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| TAYLOR HATHAWAY-ZEPEDA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 49 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARIA SALINAS | PRESIDENT & CEO Trustee or director, Officer | 3 | $0 | $670,000 | $31,311 |
| MARTIN BREIDSPRECHER | CHIEF OPERATING OFFICER Officer | 3 | $0 | $322,545 | $35,438 |
| ANDREA NUNN | SR VICE PRES, INNOVATION & ENTREPRENUER Highest-paid employee | 40 | $0 | $217,610 | $17,756 |
| PETER SAY SONG FOO | VICE PRESIDENT, ENTREPRENEURSHIP & WFD Highest-paid employee | 40 | $0 | $123,734 | $21,135 |
| AG SPANOS | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JANET LAMKIN | FIRST VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MARK LOUCHHEIM | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| RAUL A ANAYA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALAN ROTHENBERG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDY PARK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| AUGUSTAVIA AUGIE J HAYDEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRANDON YOUNG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRISSA SOTELO-VARGAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLENE DIMAS-PEINADO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANA DEBEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIN SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EUGENE GENE D SEROKA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRAN INMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANCISCO RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANCISCO URIBE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE PLA | SECOND VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| GREGORY T GEYER | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAVIER CANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFF WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEROLD B JERRY NEUMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSE A HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH CZYZYK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUAN SALAZAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY CHUNG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA PITNEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LUPITA SANCHEZ-CORNEJO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIA CRISTINA CAMPOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIO CORDERO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARTIN MARTY HODGETT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MAUREEN KINDEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL OCHOA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHELE RUIZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE GASKILL-HAMES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NICOLE J SIMONIAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP R RECHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILLIP TATE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RANDAL J HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN FINNEGAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVE NISSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUNNY REELHORN PARR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TAYLOR HATHAWAY-ZEPEDA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WAYNE FEUERBORN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WHITNEY O'NEILL-ENGLANDER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 350 SOUTH BIXEL STREET 201, LOS ANGELES, CA 90017-1418
- Principal officer (990 for 2024)
- MARIA SALINAS, 350 SOUTH BIXEL STREET 201, LOS ANGELES, CA 90017
- Signed the 990
- MARIA SALINAS, CEO
- Phone
- (213) 580-7521
- Website
- WWW.LACHAMBER.ORG
- Return prepared by
- SINGERLEWAK LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2597392 or by the name LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- SEE SCHEDULE OExpenses $1,004,260 · revenue $12,469
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-2597392
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $1,159,257
- Income (IRS master file)
- $1,689,635
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,689,635 | $1,100,893 | $1,159,257 | XML |
| 990 | December 2023 | $777,096 | $1,130,325 | $393,356 | XML |
| 990 | December 2022 | $1,220,365 | $1,248,383 | $600,724 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 95-2597392).
Questions about LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION
- What is the EIN of LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION?
- The employer identification number (EIN) of LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION is 95-2597392.
- Is LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION 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 AREA CHAMBER OF COMMERCE FOUNDATION 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 AREA CHAMBER OF COMMERCE FOUNDATION 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 AREA CHAMBER OF COMMERCE FOUNDATION?
- The 990 for the year ended December 31, 2024 names MARIA SALINAS.
- Who are the officers and directors of LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does LOS ANGELES AREA CHAMBER OF COMMERCE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,689,635, expenses of $1,100,893 and total assets of $1,159,257 at year end.
Other nonprofits in LOS ANGELES
- J PAUL GETTY TRUST EIN 95-1790021 · last filed 990-PF for 2025
- WILLIAM AND BARBARA MARTIN FOUNDATION EIN 93-2687518 · last filed 990-PF for 2024
- CALIFORNIA COMMUNITY FOUNDATION EIN 95-3510055 · last filed 990 for 2025
- ST JOHNS COMMUNITY HEALTH EIN 95-4067758 · last filed 990 for 2025
- W M KECK FOUNDATION EIN 95-6092354 · last filed 990-PF for 2024
- JEWISH COMMUNITY FDN OF THE JEWISH FEDERATION COUNCIL OF GREATER LA EIN 95-6111928 · last filed 990 for 2024
- THE CALIFORNIA ENDOWMENT EIN 95-4523232 · last filed 990-PF for 2024
- BROAD FOUNDATION EIN 95-4686318 · last filed 990-PF for 2024
All nonprofits in LOS ANGELES · California · Philanthropy, voluntarism and grantmaking foundations