Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 489,562 | 495,000 | 429,100 | 390,000 | 332,500 | 2,136,162 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 489,562 | 495,000 | 429,100 | 390,000 | 332,500 | 2,136,162 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 222,365 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,913,797 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 489,562 | 495,000 | 429,100 | 390,000 | 332,500 | 2,136,162 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 2,136,162 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| PART I, LINE 1 | THE LOS ANGELES COALITION FOR THE ECONOMY & JOBS (THE COALITION) IS AN INDEPENDENT, BIPARTISAN MEMBERSHIP ORGANIZATION, ESTABLISHED IN 2009 (OPERATED UNDER A FISCAL SPONSORSHIP FOR THE FIRST FEW YEARS OF EXISTENCE), TO BRING TOGETHER LEADERS FROM THE REGION'S BUSINESS, LABOR, ACADEMIC, AND NONPROFIT COMMUNITIES TO ADVANCE SOUND POLICY INITIATIVES THAT WILL HELP TO RESPONSIBLY GROW THE ECONOMY AND CREATED QUALIFY JOBS THROUGHOUT THE LOS ANGELES (L.A.) REGION. L.A'S HISTORY HAS SHOWN THAT IN KEY MOMENTS THE REGION'S LEADERS HAVE COME TOGETHER TO ENSURE THAT L.A. IS THE TOP REGION TO INVEST IN, DEVELOP SKILLED AND CONFIDENT ENTREPRENEURS AND DRIVE CREATIVE AND INNOVATIVE IDEAS THROUGH AN EDUCATION WORKFORCE. THE COALITION FOCUSES THEIR EFFORTS ON THE FOLLOWING INITIATIVES TO SPUR ECONOMIC GROWTH AND JOB CREATION IN THE REGION: 1) WORLD CLASS TRANSPORTATION SYSTEM: FACILITATE THE MOVEMENT OF PEOPLE, GOODS, SERVICES AND INFORMATION 2) WORLD CLASS ECONOMY: POSITION L.A. AS A COMPETITIVE LOCATION THAT PRODUCES PROSPERITY FOR BUSINESSES, ENTREPRENEURS AND CITIZENS 3) WORLD CLASS CITY: FOSTER A HIGH AND RISING QUALITY OF LIFE STANDARD |
| PART III, LINE 1 | THE COALITION IS AN INDEPENDENT, BIPARTISAN MEMBERSHIP ORGANIZATION, ESTABLISHED IN 2009, TO BRING TOGETHER LEADERS FROM THE REGION'S BUSINESS, LABOR, ACADEMIC, AND NONPROFIT COMMUNITIES TO ADVANCE SOUND POLICY INITIATIVES THAT WILL HELP TO RESPONSIBLY GROW THE ECONOMY AND CREATED QUALIFY JOBS THROUGHOUT THE L.A. REGION. |
| PART III, LINE 4(A) | THE INITIATIVES MENTIONED IN PART I, LINE 1 OF THE FORM 990 ARE BEING CARRIED OUT THROUGH 1) APPLIED POLICY INSTITUTE (PROGRAM #1), AND 2) MULTI SECTOR PARTNERSHIPS (PROGRAM #2). BELOW IS A SUMMARY OF INFORMATION ON BOTH. FOR MORE DETAIL INFORMATION ON BOTH PROGRAMS, PLEASE GO TO HTTP://WWW.THELACOALITION.COM/. APPLIED POLICY INSTITUTE THE APPLIED POLICY INSTITUTE USES THE FOUR PILLARS OF POLICY RESEARCH, POLICY MEMORANDA, COLLABORATION & CONVENING, AND ISSUE ADVOCACY TO DRIVE DISCUSSIONS AND ACTIONS THAT ALIGN WITH THE MISSION OF THE L.A. COALITION. POLICY RESEARCH: SINCE ITS FOUNDING, THE COALITION HAS SERVED AS A SOURCE OF EXPERTISE FOR ITS NETWORK OF GOVERNMENT OFFICIALS, BUSINESS EXECUTIVES, JOURNALISTS, EDUCATORS & STUDENTS, CIVIC LEADERS, AND OTHER INTERESTED PARTIES TO SUPPORT A BETTER UNDERSTANDING OF THE LOS ANGELES METROPOLITAN ECONOMY AND THE PUBLIC POLICY CHOICES FACING THE REGION'S PUBLIC OFFICIALS. THIS WORK INFORMS THE FUTURE OF TRANSPORTATION, EDUCATION, WORKFORCE DEVELOPMENT, LAND USE & BUILDING DEVELOPMENT, WATER MANAGEMENT, TRADE, TOURISM, GOVERNMENT REFORM, TAXES, AND ISSUES AFFECTING MULTIPLE SECTORS INCLUDING HEALTHCARE, GREEN INDUSTRIES, TECHNOLOGY AND MANUFACTURING. POLICY MEMORANDA: THE COALITION TARGETS CRITICAL REGIONAL PROBLEMS WHERE NEW, CREATIVE THINKING IS NEEDED. WRITTEN FOR POLICYMAKERS AND OPINION LEADERS, THE MEMOS AIM TO SHAPE REGIONAL POLICY DEBATE THROUGH RIGOROUS ANALYSIS AND SPECIFIC RECOMMENDATIONS. THE COALITION APPROACH IS TO PERFORM A META-ANALYSIS OF ACADEMIC, PROFESSIONAL AND MEDIA SOURCES, IDENTIFY KEY INSIGHTS THAT ARE RELEVANT TO LOS ANGELES AND SYNTHESIZE THE INFORMATION INTO A DIGESTIBLE 600-800 WORD SUMMARY FOR LOS ANGELES LEADERS & DECISION MAKERS. IN THE PAST 12 MONTHS, THE EXECUTIVE DIRECTOR HAS GENERATED OVER 40 MEMORANDA. POLICY MEMORANDA ARE SHARED WITH COALITION NETWORK, PARTNER ORGANIZATIONS, POLICY MAKERS, GOVERNMENT OFFICIALS, RELEVANT CONSTITUENCIES (DEPENDING ON THE ISSUE) AND THROUGH SOCIAL MEDIA OUTLETS. COLLABORATION AND CONVENING: THE COALITION HELPS BUILD CONSENSUS AROUND POLICY INITIATIVES THAT CONTRIBUTE TO A STRONGER, MORE VIBRANT REGIONAL ECONOMY. RESEARCH AND MEMORANDA SERVE AS THE BASIS FOR FURTHER ROUND-TABLE DISCUSSIONS WITH LOCAL, STATE AND FEDERAL LEADERS. IN 2022, THE L.A. COALITION HOSTED STATE AND LOCAL ELECTED OFFICIALS IN POLICY ROUNDTABLE DISCUSSIONS, WHICH INCLUDED THE TOPICS OF TAXES, INFRASTRUCTURE, CITY AND COUNTY SERVICES, WORKFORCE DEVELOPMENT, AND AFFORDABLE HOUSING. ISSUE ADVOCACY: THE COALITION DOES MUCH OF ITS WORK THROUGH DIRECT VERBAL OR WRITTEN COMMUNICATION TO TARGETED AUDIENCES. AND, WHILE THAT STRATEGY IS OFTEN THE MOST EFFECTIVE, THERE ARE TIMES WHEN A MORE PUBLIC FORUM IS THE APPROPRIATE TACTIC TO MOVE THE DIAL ON AN ISSUE. |
| PART III, LINE 4(B) | MULTI-SECTOR PARTNERSHIPS IN 2022, THE LOS ANGELES REGION CONTINUED TO FACE ENORMOUS ECONOMIC CHALLENGES INCLUDING UNFRIENDLY BUSINESSES POLICIES THAT IMPACTED MANY SECTORS, MULTIPLE JOB OPENINGS, AND A LACK OF A SKILLED WORKFORCE. DESPITE THESE CHALLENGES, THE COALITION CONTINUED TO BE A STRONG PARTNER FOR POLICIES AND PROGRAMS THAT CAN HELP OUR REGION RENEW ITS ECONOMIC VITALITY AND STRENGTHEN ITS JOB BASE. THE COALITION FOCUSED ON INITIATIVES THAT WILL GIVE ANGELENOS A BETTER RETURN ON THE INVESTMENT THEY HAVE MADE IN THE CITY OF LOS ANGELES. WHAT THAT RETURN LOOKS LIKE IS A BETTER QUALITY OF LIFE FOR ALL ANGELENOS, THROUGH BETTER PAYING JOBS, MORE AFFORDABLE HOUSING, BETTER EDUCATIONAL OPPORTUNITIES, MORE TRANSIT OPTIONS, SAFER STREETS, MORE OPEN SPACE, ETC. BELOW ARE SOME IDEAS THE COALITION ADVOCATED FOR IN 2022 TO SPARK THE CHANGES THIS CITY NEEDS MORE THAN EVER: 1) APPOINT A BUSINESS MINDED DEPUTY MAYOR FOR ECONOMIC DEVELOPMENT WHO WILL ATTRACT THE TALENT NEEDED TO DEVELOP A CITY-WIDE ECONOMIC DEVELOPMENT STRATEGY THAT PRESENTS A COLLECTIVE VISION FOR THE FUTURE OF L.A. ACROSS A VARIETY OF TOPICS INCLUDING, EQUITABLE ECONOMIC AND JOBS GROWTH, INFRASTRUCTURE, LAND USE, EMPLOYMENT, WORKFORCE DEVELOPMENT, AND RESILIENCE. 2) CONVENE A DIVERSE BUSINESS ADVISORY CABINET TO DEVELOP A FORUM IN WHICH BUSINESS LEADERS WILL HAVE A CONSISTENT SEAT AT THE TABLE TO OFFER MEANINGFUL AND SUBSTANTIVE INPUT TO HELP THE CITY ATTRACT PRIVATE SECTOR INVESTMENT, CORPORATE HEADQUARTERS, SKILLED TALENT, AND AN INTEGRATION INTO THE GLOBAL ECONOMY; ALL THINGS THAT HAVE HISTORICALLY HELPED IMPROVE A CITY'S LIVING STANDARDS. 3) CENTER THE FIGHT TO END HOMELESS BY CENTRALIZE PLANNING, ACCOUNTABILITY AND ADVOCACY BETWEEN THE CITY AND COUNTY, IN PARTNERSHIP WITH THE REGION'S NGOS, THROUGH A NEW "CENTER" TYPE STRUCTURE. 4) APPOINT THE CITY'S FIRST-EVER REAL ESTATE CEO TO MANAGE THE CITY'S APPROXIMATELY 9,000 PARCELS. THIS PERSON SHOULD THEN DEVELOP A PLAN TO MARSHAL 300 ACRES OF PUBLIC LAND (CITY, COUNTY, LAUSD, ETC.) TO STIMULATE INTEREST IN THE CREATION OF TEN 1,000-UNIT DEVELOPMENT OPPORTUNITIES. 5) ROLL OUT A PACKAGE OF STRATEGIC PROCUREMENT ACTIONS TO SUPPORT LA'S SMALL BUSINESSES. THE CITY SPENDS, ON AVERAGE, 4.5 BILLION ANNUALLY ON PROCUREMENT WHICH IS ONLY SECOND TO EMPLOYEE SALARIES. 6) PUT A PLAN IN ACTION TO BUILD MORE WORKFORCE HOUSING. THE CITY IS REQUIRED TO SUPPORT THE DEVELOPMENT OF 486,379 HOUSING UNITS BY 2029 AND 40% OF THOSE UNITS MUST ACCOMMODATE LOW-INCOME RESIDENTS. 7) FOSTER THE FLOW OF CAPITAL TO LA'S SMALL BUSINESSES. THE STREAMLINING OF CITY REGULATIONS TO ENCOURAGE AND ASSIST BUSINESS GROWTH AND DEVELOPMENT IS CRITICAL TO LA'S FUTURE. 8) EXPAND THE CITY'S ADAPTIVE REUSE ORDINANCE (ARO). THE SUCCESS OF ARO IN DOWNTOWN LOS ANGELES, HOLLYWOOD AND KOREATOWN, PROVIDE THE ROADMAP TO TURN LA'S GROWING LIST OF UNDERUTILIZED STRIP MALLS INTO INNOVATIVE MIXED-USE DEVELOPMENTS, THAT WILL BOLSTER HOUSING PRODUCTION AND OUR ECONOMY, BUSINESS COMMUNITY AND TAX BASE. 9) EXPAND BROADBAND. LEAD THE CITY'S EFFORTS TO IMPROVE BROADBAND CONNECTIVITY TO RESIDENTS AND BUSINESSES THROUGHOUT LA'S UNDERSERVED NEIGHBORHOODS. 10) ENHANCE WORKFORCE DEVELOPMENT GUIDANCE TO THE UNEMPLOYED. SUPPORT THE DEVELOPMENT OF BETTER METRICS TO TRACK OUTCOMES OF THE CITY'S WORKFORCE DEVELOPMENT DOLLARS AND TRACK WAGE GAINS, THE PERCENTAGE OF TRAINEES EMPLOYED, EMPLOYER SATISFACTION, AND THE COST PER TRAINEE. 11) CREATE A MORE RESPONSIVE CITY WORKFORCE & CITY HALL TO THAT ENCOURAGES INNOVATION: CITY HALL HOUSES A LABYRINTH OF HALLWAYS, ELEVATORS, AND STAIRS, THAT CONVEY THAT ONE IS NOT WELCOME AND THE BUREAUCRACY IS UNBEARABLE. |
| FORM 990, PART VI, SECTION A, LINE 8B | PART VI, LINE 8(B) WAS ANSWERED NO AS THERE WERE NO COMMITTEES WHO HAD THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 WAS PROVIDED TO THE TREASURER, THE TWO CURRENT CO-CHAIRS, AND EXECUTIVE DIRECTOR FOR THEIR REVIEW. ANY QUESTIONS WERE RAISED WITH THE ORGANIZATION'S OUTSIDE CPA/TAX PREPARER (CPA) AND IF NESSECARY, CHANGES WERE MADE BY THE CPA BEFORE THE RETURN WAS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | AN ANNUAL STATEMENT WAS COMPLETED BY EACH BOARD MEMBER AND OFFICER THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY STATEMENT AND DISCLOSED ANY KNOWN CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | A COMPENSATION STUDY WAS PERFORMED IN 2016 FOR THE EXECUTIVE DIRECTOR'S COMPENSATION. BASED ON SUCH STUDY, THE BOARD APPROVED A COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR EFFECTIVE AUGUST 2016. ANNUAL REVIEWS HAVE BEEN PERFORMED BY THE BOARD SINCE THEN EACH SPRING STARTING WITH 2017. PART VI, QUESTION 15(B) WAS ANSWERED NO AS THERE WERE NO OTHER OFFICERS OR KEY EMPLOYEES AS DEFINED IN FORM 990 INSTRUCTIONS THAT WERE COMPENSATED DURING THE TAX YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES UPON REQUEST. |
| Software ID: | |
| Software Version: |