Overview
What is Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028?
The Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 is a nonprofit corporation based in Los Angeles, California. Its primary mission is to collaborate with the City of Los Angeles, the United States Olympic & Paralympic Committee, and the International Olympic Committee to successfully host the Olympic and Paralympic Games in 2028. The organization aims to enrich the lives of local residents by promoting Los Angeles as the site of these prestigious events. With a team of 126 employees, the committee reaches out to the community, including former Olympians and Paralympians, to gather support and raise funds for hosting the Olympic and Paralympic Games. The committee's activities are focused on improving and enhancing the quality of life for the residents of Los Angeles and the surrounding area.
Official website here: www.la28.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 has received an overall score of 81%, indicating a solid level of accountability and financial health. This rating is derived solely from the Accountability & Finance category, which highlights the organization's commitment to transparent financial practices and responsible governance.
One of the committee's notable strengths is its board composition, as it boasts 96% independent members, ensuring diverse oversight. Additionally, the committee has a strong program expense ratio of approximately 83.93%, demonstrating that a significant portion of its funds is allocated toward its core mission and activities. Other positive aspects include a comprehensive set of policies addressing potential conflicts of interest and whistleblower protections.
While the organization exhibits commendable practices, the single-source rating also suggests that further insights into other operational aspects could enhance understanding of its overall impact. Nonetheless, the committee's financial accountability and robust governance structures are certainly commendable features.
This AI summary has been generated from information found on Charity Navigator.
Is Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 legitimate?
Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $11,004,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,622,979
For more financial information, click here
Official website here: www.la28.org
What is the mission statement of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028?
The Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 is dedicated to enhancing the quality of life of local residents through the promotion and sponsorship of Los Angeles as the host city for the XXXIV Olympic and XVIII Paralympic Games. The organization's primary mission is to collaborate with the City of Los Angeles, the US Olympic and Paralympic Committee, and the International Olympic Committee to successfully host these prestigious events. In the community, the committee reaches out to former Olympians and Paralympians to gather support and raise funds to ensure a successful hosting of the 2028 Olympic and Paralympic Games.
Official website here: www.la28.org
Who is the CEO of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028?
Kathryn Carter is the CEO of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 The CEO's salary of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 is $1,995,290 and their total compensation is $1,999,844.
Official website here: www.la28.org
What is the revenue of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028?
Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028's revenue in 2023 was $12,344,674.
Official website here: www.la28.org
Who are the executives of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 and what are their salaries?
The average compensation at Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 during 2023 was $201,448. There are 157 employees and 30 volunteers at Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028.
Here are 50 key members and their salaries (Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028's CEO's salary is $1,995,290 and their total compensation is $1,999,844):
- Compensation: $0
- Related: $927,210
- Other: $1,148
- Compensation: $0
- Related: $712,380
- Other: $6,168
- Compensation: $656,762
- Related: $0
- Other: $124
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $572,267
- Related: $0
- Other: $6,409
- Compensation: $207,677
- Related: $0
- Other: $5,075
- Compensation: $3,124,348
- Related: $0
- Other: $6,344
- Compensation: $652,541
- Related: $0
- Other: $4,320
- Compensation: $694,723
- Related: $0
- Other: $8,544
- Compensation: $629,320
- Related: $0
- Other: $6,168
- Compensation: $1,995,290
- Related: $0
- Other: $4,554
- Compensation: $394,301
- Related: $0
- Other: $6,568
- Compensation: $618,282
- Related: $0
- Other: $2,580
- Compensation: $377,967
- Related: $0
- Other: $9,963
- Compensation: $1,017,905
- Related: $0
- Other: $2,313
- Compensation: $379,702
- Related: $0
- Other: $1,980
- Compensation: $358,962
- Related: $0
- Other: $9,218
- Compensation: $325,697
- Related: $0
- Other: $1,956
- Compensation: $325,144
- Related: $0
- Other: $2,461
- Compensation: $323,740
- Related: $0
- Other: $5,286
- Compensation: $321,888
- Related: $0
- Other: $9,309
Official website here: www.la28.org
Where can I find the form 990 for Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028?
Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.la28.org
Learn more at the official website: www.la28.org
Mission Statement of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028
The Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028, commonly known as LA28, is on a mission to elevate the quality of life for residents of Los Angeles and the surrounding areas. This organization, established primarily for the promotion and sponsorship of Los Angeles as the host city for the Olympic and Paralympic Games in 2028, sets out to achieve this goal through the collaboration with the city of Los Angeles, the United States Olympic & Paralympic Committee, and the International Olympic Committee.
LA28's primary objective is to enhance the lives of the people in the region by bringing the Games of the XXXIV Olympiad and the XVIII Paralympic Games to their community. The corporation's work encompasses reaching out to various stakeholders, including former Olympians and Paralympians, to rally support and raise funds for hosting the 2028 Olympic and Paralympic Games.
By organizing and sponsoring these prestigious events, LA28 aims to create a lasting impact on the community, improving the infrastructure, fostering unity, and leaving a legacy that will continue to benefit generations to come. The organization's dedication to this cause is unwavering, and their commitment to enhancing the lives of the residents of Los Angeles and the surrounding areas is at the forefront of their mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 is poised to have a significant impact on the quality of life for residents of Los Angeles and the surrounding areas. By hosting the Olympic and Paralympic Games, the committee aims to enhance community engagement and pride, while promoting physical activity and sportsmanship.
The organization collaborates closely with various stakeholders, including the city of Los Angeles and the United States Olympic and Paralympic Committee, to create an inclusive environment that celebrates athletic achievement and diversity. This collaborative effort encourages community participation and support, helping to foster a sense of unity and shared purpose among residents.
The economic benefits of the Games are also anticipated to be substantial, with increased tourism, job creation, and infrastructure improvements throughout the region. Investments in transportation, housing, and public spaces can lead to long-term enhancements in the quality of life for local residents.
Furthermore, the committee actively engages with former Olympians and Paralympians, highlighting the stories and accomplishments of these athletes to inspire the next generation. Through outreach programs and community initiatives, the organization not only raises funds but also cultivates a spirit of resilience and aspiration among young athletes in the region.
Overall, the Los Angeles Organizing Committee seeks to create a lasting legacy that will positively impact Los Angeles beyond 2028, emphasizing inclusivity, health, and community development.
This information is meant to be a general summary of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,318,209
- Program Service Revenue: $2,021,255
- Gross Receipts: $12,501,424
Assets and Liabilities:
- Total Assets: $65,050,984
- Total Liabilities: $218,725,717
- Net Assets: -$153,674,733
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOSPITALITY REVENUE
Revenue
$2,021,255
Organization Details
Founding Year
2014
Principal Officer
Karen Sturges
Website
www.la28.orgNTEE Category
Code: N71 - Recreation
If you are a representative of Los Angeles Organizing Committee For The Olympic And Paralympic Games 2028 and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.