Overview
What is Inclusive Action For The City?
Inclusive Action for the City, headquartered in Los Angeles, California, is a community development financial institution (CDFI) dedicated to serving underinvested communities. Their mission is to improve access to transformative capital and advance policy through collaborative research and community-driven advocacy, aiming to create equitable and sustainable resources for diverse communities. Their strategies include addressing immediate needs by providing access to capital paired with supportive services for low-income entrepreneurs, fostering long-term systems change through policy advocacy and community research, and building generational wealth through community innovation initiatives. Notably, Inclusive Action for the City operates the Semi'A Fund, offering low-interest loans to historically underserved entrepreneurs, and the Community-Owned Real Estate (CORE) Project, preserving commercial properties for locally-owned businesses in gentrifying neighborhoods. They also co-lead the LA Street Vendor Campaign, advocating for equitable conditions for street vendors.
Official website here: www.inclusiveaction.org
Is Inclusive Action For The City legitimate?
Inclusive Action For The City is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inclusive Action For The City 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.
Here are some key statistics you may want to consider:
Executive Compensation: $180,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,498,356
For more financial information, click here
Official website here: www.inclusiveaction.org
What is the mission statement of Inclusive Action For The City?
Inclusive Action For The City, as a nonprofit organization and Community Development Financial Institution (CDFI), aims to serve underinvested communities and build thriving local economies by improving access to transformative capital and advocating for policy changes through collaborative research and community-driven advocacy. Their mission envisions diverse communities with equitable and sustained access to resources and agency over their futures. To achieve this, IAC employs a threefold strategy: addressing immediate needs by providing access to capital paired with wraparound services for low-income, BIPOC, and immigrant small businesses and entrepreneurs; creating long-term systemic change through policy advocacy and community research; and building generational wealth through community innovation initiatives, including land and real estate programs to prevent displacement.
Official website here: www.inclusiveaction.org
Who is the CEO of Inclusive Action For The City?
Rudolph Espinoza is the Executive Dir. of Inclusive Action For The City.
Official website here: www.inclusiveaction.org
What is the revenue of Inclusive Action For The City?
Inclusive Action For The City's revenue in 2022 was $5,011,566.
Official website here: www.inclusiveaction.org
Who are the executives of Inclusive Action For The City and what are their salaries?
The average compensation at Inclusive Action For The City during 2022 was $69,940. There are 24 employees and 10 volunteers at Inclusive Action For The City.
Here are 15 key members and their salaries:
- Rudolph Espinoza (Executive Dir.)
- Nicole Anand (Deputy Director)
- Maribel Garcia (Lending Director)
- Lyric Kelkar (Policy Director)
- Julie Jung (Finance Director)
- David Hsu (Co-Chair) [Trustee/Director]
- Maria Cabildo (Co-Chair) [Trustee/Director]
- Keandra Cylear Doods (Secretary) [Trustee/Director]
- Ami Pascual Spear (Treasurer) [Trustee/Director]
- Remy De La Peza (Director)
- Jorge Garrido (Director)
- Christopher Goett (Director)
- Angie Jean-Marie (Director)
- Bill Roschen (Director)
- Veronica Saldana (Director)
Official website here: www.inclusiveaction.org
Where can I find the form 990 for Inclusive Action For The City?
The Inclusive Action For The City’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.inclusiveaction.org
Learn more at the official website: www.inclusiveaction.org
Mission Statement of Inclusive Action For The City
Inclusive Action For The City, a nonprofit organization and Community Development Financial Institution (CDFI), is committed to serving underinvested communities and fostering thriving local economies. Their mission is to enhance access to transformative capital and advance policy through collaborative research and community-driven advocacy. By doing so, they envision diverse communities where residents have equitable and sustained access to resources, and the agency to shape their futures.
Inclusive Action For The City employs a three-pronged strategy to achieve this vision. Firstly, they address immediate needs by providing access to capital paired with wraparound services for low-income, BIPOC, and immigrant small businesses and entrepreneurs. This is accomplished through programs such as the Semi'A Fund, which has disbursed over $2 million in low-interest loans to nearly 230 entrepreneurs in the Los Angeles County area.
Secondly, Inclusive Action For The City works towards creating long-term systemic change through policy advocacy and community research. Their policy advocacy efforts focus on creating just and equitable economic conditions for the most vulnerable entrepreneurs, such as street vendors. One of their most notable achievements is co-leading the LA Street Vendor Campaign, which legalized street vending in the City of Los Angeles in 2017 and decriminalized the activity across California in 2018.
Lastly, Inclusive Action For The City builds generational wealth through community innovation initiatives, including land and real estate programs to prevent displacement. An example of this is the Community-Owned Real Estate (CORE) project, a joint project with East LA Community Corporation and Little Tokyo Service Center, which aims to combat gentrification by acquiring, rehabilitating, and preserving commercial properties in rapidly gentrifying neighborhoods while increasing access to affordable commercial space for locally-owned businesses.
Impact
This information is meant to be a general summary of Inclusive Action For The City. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Inclusive Action For The City has a significant impact on underinvested communities by providing access to transformative capital, advancing policy through collaborative research and community-driven advocacy, and building thriving local economies. Through programs like the SEMI'A Fund, which offers low-interest loans and business coaching to low-income entrepreneurs, IAC has supported nearly 230 businesses in the LA County area. Additionally, their Community-Owned Real Estate (CORE) project works to combat gentrification by acquiring and rehabilitating commercial properties to increase access to affordable space for locally-owned businesses. Their policy advocacy efforts, such as co-leading the LA Street Vendor Campaign, have led to important changes in local laws to create more equitable economic conditions for vulnerable entrepreneurs. Overall, Inclusive Action For The City's work contributes to creating diverse communities with equitable access to resources and agency over their futures.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING INCOME
Revenue
$271,877
Organization Details
Founding Year
2009
Phone
(323) 604-9765
Principal Officer
Rudolph Espinoza
Main Address
2900 E CESAR E CHAVEZ AVE, LOS ANGELES, CA, 90033
Website
www.inclusiveaction.org
NTEE Category
Code: S31 - Community improvement
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