LONG BEACH ECONOMIC PARTNERSHIP: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LONG BEACH ECONOMIC PARTNERSHIP (EIN 27-5334557)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-16
- IRS object ID
- 202343209349303004
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-16T14:42:15-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953001179 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 275334557 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LONG BEACH ECONOMIC PARTNERSHIP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LONG | BusinessNameControlTxt |
| Phone | 5624364259 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WEST BROADWAY SUITE 120 120 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RYAN ALTOON | PersonNm |
| Person Title | CHAIRPERSON | PersonTitleTxt |
| Phone | 5624364259 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RYAN | PersonFirstNm |
| Person Last | ALTOON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AARON PHILLIPS | PreparerPersonNm |
| PTIN | P01654760 | PTIN |
| Phone | 5624351191 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RYAN ALTOON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WEST BROADWAY SUITE 120 120 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $498,200 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LBEP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | AT THE LONG BEACH ECONOMIC PARTNERSHIP, WE BELIEVE IN THE POWER OF COLLABORATION. LBEP IS AN ACTION-ORIENTED ORGANIZATION THAT WILL GROW BUSINESS, JOBS, AND ECONOMIC OPPORTUNITY THROUGHOUT LONG BEACH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 51 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $433,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $447,700 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $40,460 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $50,500 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $473,460 | PYTotalRevenueAmt |
| CY Total Revenue | $498,200 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,510 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $369,054 | PYOtherExpensesAmt |
| CY Other Expenses | $510,269 | CYOtherExpensesAmt |
| PY Total Expenses | $382,564 | PYTotalExpensesAmt |
| CY Total Expenses | $510,269 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $90,896 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$12,069 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $482,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $458,402 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,250 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $470,471 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $458,402 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LBEP'S MISSION IS TO BUILD ECONOMIC PROSPERITY THROUGH PARTNERSHIPS WITH BOTH PRIVATE AND PUBLIC ENTITIES, TO CREATE AND ACCELERATE GROWTH OPPORTUNITIES FOR INDIVIDUALS, BUSINESSES, AND THE CITY AT LARGE. LBEP PROMOTES, ENCOURAGES AND ENHANCES THE CREATION OF JOBS IN THE CITY OF LONG BEACH, CALIFORNIA THROUGH PROJECTS THAT ASSIST IN THE RETENTION OF EXISTING BUSINESSES/INDUSTRIES, THE ATTRACTION OF NEW BUSINESSES/INDUSTRIES AND BY AIDING THEIR DEVELOPMENT AND GROWTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $118,675 | ExpenseAmt |
| Desc | SMALL BUSINESS:LBEP PERSEVERED THROUGH THE PANDEMIC. WITH THE ONGOING SUPPORT OF WELLS FARGO, UNION BANK, THE LBCF AND THE CITY, WE PROVIDED ONGOING ASSISTANCE AND FINANCIAL GRANTS TO MANY SMALL BUSINESSES TO HELP THEM ENDURE THROUGH THE PANDEMIC. LBEP SUPPORTED SMALL BUSINESS TRAINING, MENTORING AND PROVIDED MICRO-GRANTS DIRECT TO BUSINESS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $110,921 | ExpenseAmt |
| Desc | SANTA FE CORRIDOR IMPROVEMENT:THANKS TO A GRANT FROM PROLOGIS, LBEP HAS COLLABORATED WITH THE COMMUNITY IN THE SANTA FE CORRIDOR TO MAKE IT SAFER, MORE BEAUTIFUL, AND EASIER FOR SMALL BUSINESSES TO ATTRACT CUSTOMERS BY PROVIDING DIRECT GRANTS FOR STOREFRONT IMPROVEMENTS, PUBLIC ART, COMMUNITY CLEAN UP DAYS, AND A NEIGHBORHOOD GARDEN. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $51,025 | ExpenseAmt |
| Desc | AAM:BUILDING UPON THE LONG BEACH LEGACY OF AEROSPACE INNOVATION, LBEP RECENTLY ANNOUNCED A PARTNERSHIP WITH WISK AERO, DEVELOPER OF THE FIRST ALL-ELECTRIC, SELF-FLYING AIR TAXI IN THE UNITED STATES. LBEP FORMED THE ADVANCED AIR MOBILITY TASK FORCE, TO ENGAGE BUSINESSES, LOCAL GOVERNMENT AND COMMUNITY LEADERS TO STUDY THE FEASIBILITY OF BRINGING AAM TO SOUTHERN CALIFORNIA. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $15,000 | DIGITAL DIVIDE:WITH SEED FUNDING FROM THE LONG BEACH COMMUNITY FOUNDATION, LBEP IS PROVIDING TECHNOLOGY TRAINING AND 1-ON-1 COACHING TO LOCAL SMALL BUSINESSES, AS WELL AS GRANT FUNDING TO HELP OWNERS PAY FOR THE TOOLS THEY REALLY NEED. WHETHER THAT'S A NEW POS SYSTEM FOR CONTACTLESS PAYMENTS, PAID SOCIAL MEDIA ADS, OR ACCOUNTING SOFTWARE SUBSCRIPTIONS WE'LL HELP LOCAL BUSINESSES GET THE TRAINING AND CAPITAL THEY NEED.MORE RECENTLY, LBEP, IN COLLABORATION WITH CAL STATE UNIVERSITY LONG BEACH, HAS PREPARED ECONOMIC RESEARCH WHITE PAPERS THAT HAVE SUPPORTED MYRIAD SECTORS OF THE LONG BEACH ECONOMY FROM HEALTHCARE TO AEROSPACE. | |
| ECONOMIC FORUM:OVER THE LAST TWO YEARS, THE LONG BEACH ECONOMIC PARTNERSHIP (LBEP) HAS HOSTED THE ECONOMIC FORUM ONLINE, WITH SPEAKERS FROM ACROSS INDUSTRY SECTORS AND VIRTUAL GUESTS FROM ALL OVER THE COUNTRY AND AROUND THE WORLD. THESE EVENTS HAVE DIRECTLY LED TO INVESTMENT RIGHT HERE IN OUR CITY. WITH THIS IN MIND THE LBEP, IN COLLABORATION WITH CALIFORNIA STATE UNIVERSITY LONG BEACH (CSULB) AND THE CITY OF LONG BEACH, IS PLEASED TO BRING YOU THIS YEAR'S ACCELERATE LONG BEACH ECONOMIC FORUM, BACK IN PERSON AT THE LONG BEACH CONVENTION CENTER. LEAD ECONOMIST ROBERT KLEINHENZ WILL REPORT ON ECONOMIC TRENDS INCLUDING CONSUMER SPENDING, HOUSING, TRADE AND EMPLOYMENT, AND HIS ECONOMIC OUTLOOK WILL PROVIDE INFORMATION BUSINESS LEADERS NEED TO PLAN AND PREPARE FOR THE MONTHS AHEAD. REPRESENTATIVES FROM THE CITY AND ITS PARTNERS WILL SHARE THEIR THOUGHTS ON WHERE WE'RE HEADED AND HOW WE CAN INCREASE OPPORTUNITIES THROUGHOUT OUR REGION AND OUR BUSINESS COMMUNITY. | $50,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $15,000 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $50,500 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $295,621 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5624351191 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3780 KILROY AIRPORT WAY SUITE 600 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| RYAN ALTOON | ||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RANDAL HERNANDEZ | ||||||
| VICE CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DEBRA FIXEN | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TALA BALTAZAR | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAMON AUSTIN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| TODD BAUER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| GARRETT BELL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ALICIA BERHOW | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOHN BISHOP | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CAROLYN CALDWELL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SUNY LAY CHANG | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JANE CLOSE-CONOLEY | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BLAIR COHN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MARK GUILLEN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JEREMY HARRIS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOHN HEFFERNAN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JULIA HUANG | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DENNIS HUM | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| EMILY JAMES | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOHN KEISLER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| PETER KOSAS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| WALTER LARKINS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DEBRA LAYTON | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BONNIE LOWENTHAL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| EMILIEN MARCHAND | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SILVANO MERLO | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| AUSTIN METOYER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOHN MOLINA | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MIKE MUNOZ | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ALAN PULLMAN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CAMERON SMYTH | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MARK TAYLOR | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ADEY TESFAYE | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| LUIS TORANZO | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JIM ZEHMER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| NOEL HACEGABA | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KRAIG KOJIAN | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SHARON WEISSMAN | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CHRIS WACKER | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DIANA TANG | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MATTHEW KINLEY | ||||||
| DIRECTOR (DEPARTED BEFORE 12/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OMNIWORKS ECONOMIC DEVELOPMENT CORPORATI | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 WILSHIRE BLVD 2ND FL | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | SMALL BUS. MENTORING FOR WOMEN/MINORITIE | ServicesDesc |
| Compensation | $105,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $100,000 | GovernmentGrantsAmt |
| All Other Contributions | $347,700 | AllOtherContributionsAmt |
| Total Contributions | $447,700 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LONG BEACH ECONOMIC FO | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $50,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $50,500 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $498,200 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,500 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,592 | TotalAmt |
| Management And General | $122,592 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,735 | TotalAmt |
| Management And General | $13,735 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,234 | TotalAmt |
| Management And General | $32,234 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Management And General | $10,000 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,437 | TotalAmt |
| Management And General | $3,437 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| NEXT SMALL BUSINESS | $118,675 | $118,675 | |
| CORRIDOR IMPROVEMENT PR | $110,921 | $110,921 | |
| ECONOMIC IMPACT STUDY | $51,025 | $51,025 | |
| MEALS & ENTERTAINMENT | $17,875 | $17,875 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,775 | TotalAmt |
| Program Services | $15,000 | ProgramServicesAmt |
| Management And General | $14,775 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,269 | TotalAmt |
| Program Services | $295,621 | ProgramServicesAmt |
| Management And General | $214,648 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $472,721 | BOYAmt |
| EOY | $378,902 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000 | BOYAmt |
| EOY | $79,500 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $482,721 | BOYAmt |
| EOY | $458,402 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,250 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,250 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,263 | BOYAmt |
| EOY | $174,525 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,208 | BOYAmt |
| EOY | $283,877 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,471 | BOYAmt |
| EOY | $458,402 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $482,721 | BOYAmt |
| EOY | $458,402 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$12,069 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $410,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $433,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $447,700 | CurrentTaxYearAmt |
| Total | $1,326,900 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $410,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $433,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $447,700 | CurrentTaxYearAmt |
| Total | $1,326,900 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $595,158 | SubstantialContributorsTotAmt |
| Public Support Total170 | $731,742 | PublicSupportTotal170Amt |
| Total Support | $1,326,900 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $111,189 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.55150 | PublicSupportCY170Pct |
| Public Support PY170 | 0.38520 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, COLUMN (B), SHORT TAX YEAR: | FormAndLineReferenceDesc |
| Explanation | IN 2019, THE ORGANIZATION CHANGED ITS TAX YEAR FROM 9/30 TO 12/31. SUPPORT REPORTED FOR 2019 REFLECTS THE SHORT TAX YEAR BEGINNING 10/1/2019 AND ENDING 12/31/2019. THE ORGANIZATION DID NOT HAVE ANY FINANCIAL ACTIVITY DURING THIS SHORT YEAR. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | DESCRIBE THE PROCESS THE ORGANIZATION USES TO REVIEW FORM 990: THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 AND DISTRIBUTES A FINAL FILING COPY TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12 | HOW DOES THE ORGANIZATION MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY: THE ORGANIZATION RESTRUCTURED ITS MISSION AND GOVERNANCE AFTER ITS 2020 STRATEGIC PLAN. GOVERNANCE POLICIES WERE NOT YET IMPLEMENTED BY THE END OF THE TAX YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. |
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