Los Angeles Area Chamber Of Commerce

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

EIN: 950947860 ✦ Los angeles, CA ✦ Designated as a 501(c)(6)

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Overview

What is Los Angeles Area Chamber Of Commerce?

The Los Angeles Area Chamber of Commerce is a prominent nonprofit organization situated in LOS ANGELES, CA 90017. Serving over a thousand members and the general public, its primary objective is to foster a prosperous region for all. The organization's mission is twofold: firstly, to advocate for businesses as a critical driver of a robust economy that ultimately enables prosperity for all. Secondly, to establish and advance opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. The Chamber achieves this by engaging in global engagement, advocating for community collaborations, and supporting entrepreneurship and innovation. With a dedicated workforce of 50 individuals, the Los Angeles Area Chamber of Commerce is committed to enhancing the economic growth and prosperity of its community.


Official website here: www.lachamber.org

Is Los Angeles Area Chamber Of Commerce legitimate?

Los Angeles Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Los Angeles Area Chamber Of Commerce 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: $1,373,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,759,942

For more financial information, click here


Official website here: www.lachamber.org

What is the mission statement of Los Angeles Area Chamber Of Commerce?

The Los Angeles Area Chamber of Commerce aims to foster a prosperous and inclusive regional economy that is globally competitive. To achieve this, the chamber actively advocates for businesses as a vital driver of the economy, enabling prosperity for all. Additionally, the organization works to enhance Los Angeles' role in the global economy, making it a powerful and dynamic region. Lastly, the chamber supports and advances initiatives that eliminate barriers and maximize opportunities for economic growth and mobility, both locally and regionally.


Official website here: www.lachamber.org

Who is the CEO of Los Angeles Area Chamber Of Commerce?

Maria Salinas is the First Vice Chair of Los Angeles Area Chamber Of Commerce. The CEO's salary of Los Angeles Area Chamber Of Commerce is $605,844 and their total compensation is $635,360.


Official website here: www.lachamber.org

What is the revenue of Los Angeles Area Chamber Of Commerce?

Los Angeles Area Chamber Of Commerce's revenue in 2022 was $5,710,532.


Official website here: www.lachamber.org

Who are the executives of Los Angeles Area Chamber Of Commerce and what are their salaries?

The average compensation at Los Angeles Area Chamber Of Commerce during 2022 was $62,672. There are 50 employees and 193 volunteers at Los Angeles Area Chamber Of Commerce.


Here are 48 key members and their salaries (Los Angeles Area Chamber Of Commerce's CEO's salary is $605,844 and their total compensation is $635,360):


Ag Spanos (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Augustavia Augie J Haydel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brissa Sotelo-Vargas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Moeller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Onumah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Dimas-Peinado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Debel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Gene D Seroka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Inman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Uribe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory T Geyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Lamkin (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerold B Jerry Neuman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose A Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Chung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Pitney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lupita Sanchez-Cornejo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Cordero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Louchheim (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Marty Hodgett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ochoa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Ruiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Gaskill-Hames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Marayag (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole J Simonian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip R Recht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Tate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal J Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul A Anaya (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renata Simril (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Finnegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Nissen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Hathaway-Zepeda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Feuerborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney O'Neill-Englander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Salinas (Chief Executive Officer)
  • Compensation: $605,844
  • Related: $0
  • Other: $29,516
Martin Breidsprecher (Chief Operating Officer)
  • Compensation: $279,030
  • Related: $0
  • Other: $31,850
Patricia Bruno (Chief Policy Officer)
  • Compensation: $188,987
  • Related: $0
  • Other: $13,364
Andrea Nunn (Sr Vice Pres, Innovation &)
  • Compensation: $206,714
  • Related: $0
  • Other: $18,376
Patricia Villanueva (Vice President Of Membersh)
  • Compensation: $124,420
  • Related: $0
  • Other: $21,281
Shannon Smith (Vice President Of Marketin)
  • Compensation: $147,354
  • Related: $0
  • Other: $11,838
Esthela Pacheco (Sr. Manager Of Policy)
  • Compensation: $104,243
  • Related: $0
  • Other: $8,614
Say Song Peter Foo (Vice President Of Entrepreneurship & Wfd)
  • Compensation: $103,508
  • Related: $0
  • Other: $10,088


Official website here: www.lachamber.org

Where can I find the form 990 for Los Angeles Area Chamber Of Commerce?

Los Angeles Area Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lachamber.org

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

Mission Statement of Los Angeles Area Chamber Of Commerce

The Los Angeles Area Chamber of Commerce is committed to designing and advancing opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. In line with this mission, the chamber actively engages in three key areas. Firstly, it serves as a bold advocate for business, recognizing its crucial role in fostering a strong economy that enables prosperity for all. Secondly, it strives to advance Los Angeles' position as a powerful and dynamic region integral to the global economy. Lastly, the chamber supports efforts that eliminate barriers and maximize opportunities for economic prosperity through local and regional economic growth and mobility, collaborating with various communities to achieve these goals.

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Impact



October, 2024

The Los Angeles Area Chamber of Commerce plays a crucial role in fostering a vibrant and inclusive regional economy. By serving over 1,000 members and the broader community, it actively advocates for business interests, recognizing that a robust business environment is essential for overall prosperity. Their efforts in advocacy highlight the importance of creating policies that support economic growth, ensuring that local businesses can thrive and contribute to a strong economy.

Through global engagement initiatives, the Chamber enhances Los Angeles' position in the international marketplace, reinforcing its relevance as a vibrant and dynamic hub in the global economy. This involves connecting local businesses with international opportunities, ultimately driving growth and innovation.

The Chamber also emphasizes community collaborations, which focus on breaking down barriers and creating pathways for economic mobility. By fostering partnerships among various stakeholders, the organization works to advance local and regional initiatives that spur economic development, ensuring that all members of the community can participate in and benefit from economic opportunities.

Overall, the Los Angeles Area Chamber of Commerce is integral to shaping a thriving region that is inclusive, globally competitive, and conducive to entrepreneurial spirit and innovation.



This information is meant to be a general summary of Los Angeles Area Chamber Of Commerce. 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
$5,710,532 (2022)
Expenses
$6,458,308 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,566
  • Program Service Revenue: $3,756,505
  • Gross Receipts: $6,428,827

Assets and Liabilities:

  • Total Assets: $6,226,096
  • Total Liabilities: $3,447,884
  • Net Assets: $2,778,212

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,682,568

BOARD DUES

Revenue

$1,436,500

MEMBER SERVICES

Revenue

$498,020

ACTIVITIES AND EVENTS REVENUE

Revenue

$139,417

Organization Details

Founding Year

1968

Phone

(213) 580-7521

Principal Officer

Maria Salinas

Main Address

350 SOUTH BIXEL ST 201, LOS ANGELES, CA, 90017

Website

www.lachamber.org

NTEE Category

Code: S41 - Community improvement

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