El Segundo Economic Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854301591 ✦ El segundo, CA ✦ Designated as a 501(c)(3)

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Overview

What is El Segundo Economic Development Corp?

El Segundo Economic Development Corp is a nonprofit organization, whose primary objective in 2020/2021 was to enhance employee attraction and retention. They achieved this through focusing on three specific areas, but the details of these areas are not provided in the information.


Official website here: www.elsegundoedc.org

Is El Segundo Economic Development Corp legitimate?

El Segundo Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Segundo Economic Development Corp submitted a form 990EZ, 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.


Official website here: www.elsegundoedc.org

What is the mission statement of El Segundo Economic Development Corp?

In the 2020/2021 period, El Segundo Economic Development Corp shifted its focus towards three key areas to boost employee attraction and retention. The organization aimed to achieve this objective, without providing a specific stated mission. However, it is evident from their actions that they were committed to enhancing their employee-related strategies.


Official website here: www.elsegundoedc.org

Who is the CEO of El Segundo Economic Development Corp?

Eric Chan is the President of El Segundo Economic Development Corp.


Official website here: www.elsegundoedc.org

What is the revenue of El Segundo Economic Development Corp?

El Segundo Economic Development Corp's revenue in 2022 was $162,500.


Official website here: www.elsegundoedc.org

Who are the executives of El Segundo Economic Development Corp and what are their salaries?


Here are 3 key members and their salaries:


Eric Chan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Keahi (Vice President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elsegundoedc.org

Where can I find the form 990EZ for El Segundo Economic Development Corp?

El Segundo Economic Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.elsegundoedc.org

Learn more at the official website: www.elsegundoedc.org

Mission Statement of El Segundo Economic Development Corp

El Segundo Economic Development Corp, in the year 2020/2021, shifted its focus towards enhancing employee attraction and retention. The organization identified three key areas to achieve this goal, with the aim of making a significant impact. While the specifics of these areas were not provided, it can be inferred that El Segundo Economic Development Corp was proactive in its approach, seeking ways to attract and retain valuable employees to further its mission and contributions.

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Impact




October, 2024

El Segundo Economic Development Corp has made a significant impact by concentrating its efforts on enhancing employee attraction and retention within the city. In 2020 and 2021, the organization identified three key areas to drive growth and strengthen the local economy, ultimately fostering a more vibrant community. This focus not only supports local businesses but also contributes to the overall improvement of the city's economic landscape. By promoting a favorable environment for workers and enhancing the quality of life in El Segundo, the organization plays a crucial role in community improvement and sustainable development.




This information is meant to be a general summary of El Segundo Economic Development Corp. 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.

Revenue
$162,500 (2022)
Expenses
$69,333 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $162,500

Assets and Liabilities:

  • Total Assets: $187,163
  • Total Liabilities: $0
  • Net Assets: $187,163

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Organization Details

Principal Officer

Eric Chan

Main Address

2041 ROSECRANS AVENUE 200, EL SEGUNDO, CA, 90245

NTEE Category

Code: S30 - Community improvement

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