Overview
What is Los Angeles Cleantech Incubator?
The Los Angeles Cleantech Incubator, based in Los Angeles, California, is a nonprofit organization dedicated to accelerating the commercialization of clean technologies by supporting, educating, and providing workforce training, mentorship, and networking opportunities for start-up clean technology companies in the region. The organization's mission extends beyond just the private sector, as it also aims to conserve the natural environment and promote the sustainably use of resources and lessen government burdens through economic opportunities in clean technology. Over the past five years, LACI has formed key partnerships and collaborations, including the Transportation Electrification Partnership, to identify and drive the commercialization of clean and sustainable solutions, reduce adoption hurdles, and support the transition towards transportation electrification and zero emissions goods movement in the Greater LA region, in preparation for the 2028 Olympic and Paralympic Games. The organization has a team of 72 employees.
Official website here: www.laincubator.org
Is Los Angeles Cleantech Incubator legitimate?
Los Angeles Cleantech Incubator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Cleantech Incubator 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: $869,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,398,386
For more financial information, click here
Official website here: www.laincubator.org
What is the mission statement of Los Angeles Cleantech Incubator?
The Los Angeles Cleantech Incubator is a charitable organization with a mission to drive the adoption of sustainable technologies and consumption of natural resources. It was established to carry out expressly charitable functions and serves as a hub for supporting and accelerating the commercialization of clean technologies. The organization provides resources, education, workforce training, mentorship, and networking opportunities for both non-profit and for-profit clean technology start-ups. Additionally, it strives to conserve the natural environment and promote the use of environmentally sound resources. The Incubator also contributes to economic growth by lessening government burdens through the advancement of opportunities in the clean technology sector. It engages in a variety of charitable, educational, and eleemosynary activities as permitted by the Internal Revenue Code of 1986, section 501(c)(3).
Official website here: www.laincubator.org
Who is the CEO of Los Angeles Cleantech Incubator?
Mathew Petersen is the President And Ceo of Los Angeles Cleantech Incubator. The CEO's salary of Los Angeles Cleantech Incubator is $364,692 and their total compensation is $398,933.
Official website here: www.laincubator.org
What is the revenue of Los Angeles Cleantech Incubator?
Los Angeles Cleantech Incubator's revenue in 2022 was $21,575,491.
Official website here: www.laincubator.org
Who are the executives of Los Angeles Cleantech Incubator and what are their salaries?
The average compensation at Los Angeles Cleantech Incubator during 2022 was $87,060. There are 72 employees and 30 volunteers at Los Angeles Cleantech Incubator.
Here are 18 key members and their salaries (Los Angeles Cleantech Incubator's CEO's salary is $364,692 and their total compensation is $398,933):
- Mathew Petersen (President And Ceo) [Trustee/Director]
- Benjamin Stilp (Executive Vice President)
- Alex Mitchell (Sr Vice President, Market)
- Estelle Reyes (Sr Vice President, Enhanci)
- Michelle Kinman (Vice President, Market)
- Jillian Misrack (Vice President, Developmen)
- Michael Swords (Vice President, Government)
- Sasha Itzikman (Vice President, Marketing)
- Jim Casselberry (Chairperson) [Trustee/Director]
- Thomas Soto (Vice Chair) [Trustee/Director]
- David Nahai (Treasurer) [Trustee/Director]
- Sarah Rienhoff (Secretary) [Trustee/Director]
- Thomas Ermacora (Board Member) [Trustee/Director]
- Paul Jennings (Board Member) [Trustee/Director]
- Mary Leslie (Board Member) [Trustee/Director]
- Allison Holmes (Board Member) [Trustee/Director]
- Daniel Tellalian (Board Member) [Trustee/Director]
- Alfred Fraijo (Board Member) [Trustee/Director]
Official website here: www.laincubator.org
Where can I find the form 990 for Los Angeles Cleantech Incubator?
The Los Angeles Cleantech Incubator’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.laincubator.org
Learn more at the official website: www.laincubator.org
Mission Statement of Los Angeles Cleantech Incubator
Los Angeles Cleantech Incubator, a charitable organization, is dedicated to bringing together the private and public sectors to advance the adoption of sustainable practices and technologies for the consumption of natural resources. The organization's primary goal is to support the commercialization of clean technologies by offering resources, education, workforce training, mentorship, and networking opportunities to both non-profit and for-profit start-ups in the field of clean technology based in Los Angeles, California.
By focusing on clean technology, the Los Angeles Cleantech Incubator aims to conserve the natural environment and promote the use of ecologically sound and sustainable methods in the utilization of environmental resources. In addition, the organization strives to reduce the burden on government by fostering economic opportunities in the clean technology sector. The Los Angeles Cleantech Incubator also engages in various charitable, eleemosynary, and educational activities as permitted to organizations exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code of 1986, as amended.
The organization's mission is to serve as a catalyst for the growth and development of clean technology companies, enabling them to bring innovative solutions to market and make a positive impact on the environment and the community. Through its comprehensive support services, the Los Angeles Cleantech Incubator empowers these companies to overcome challenges, build partnerships, and ultimately succeed in their mission to create a more sustainable future.
Impact
This information is meant to be a general summary of Los Angeles Cleantech Incubator. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Los Angeles Cleantech Incubator is making a significant impact by accelerating the commercialization of clean technologies. Through its public and private sector partnerships, LACI is driving market transformation in key areas such as transportation and mobility, energy, and sustainable cities. Specifically, initiatives like the Transportation Electrification Partnership (TEP) are working towards transportation electrification and zero emissions goods movement in the Greater LA region, aligning efforts with the goals set for the 2028 Olympic and Paralympic Games. LACI's focus on supporting, educating, training, mentoring, and networking startup clean technology companies in Los Angeles is not only fostering innovation but also contributing to the conservation of the natural environment and promoting sustainable resource management. Overall, LACI's efforts are reducing hurdles to clean technology adoption and advancing economic opportunities in the clean technology sector, ultimately leading to a more sustainable and thriving community in Los Angeles.
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.
LA KRETZ INNOVATION CAMPUS
Revenue
$1,610,061
PROGRAM FEES
Revenue
$11,732
Organization Details
Founding Year
2012
Phone
(213) 358-6500
Principal Officer
Mathew Petersen
Main Address
525 S HEWITT STREET, LOS ANGELES, CA, 90013
Website
www.laincubator.org
NTEE Category
Code: S43 - Community improvement
If you are a representative of Los Angeles Cleantech Incubator and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.