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Nonprofits›The Valley Economic Alliance

Social Science

The Valley Economic Alliance

SHERMAN OAKS, CA

Website

Total revenue

$824K

Total expenses

$984K

Net assets

$1.5M

Grants received

$193K

19 grants

EIN

954524503

Tax year

2023

Mission

Through strategic private-public collaborations made up of businesses, government, education, and community organizations, the mission is to engage and unite Valley stakeholders to raise standards of living and economic vitality across the five-city region - Burbank, Calabasas, Glendale, Los Angeles, and San Fernando - consisting of more than 160,000 businesses and over 2 million residents covering more than 400 square miles.

Financials

FY 2023

Revenue

Contributions & grants$506K

Program service revenue$279K

Investment income$38K

Other revenue—

Total revenue$824K

Expenses

Grants paid—

Salaries & benefits$459K

Fundraising$135K

Other expenses$525K

Total expenses$984K

Total assets$1.6M

Net assets$1.5M

People

50 listed

NameRoleCompensation

Sonya Kay Blake

President & CEO

Board

$175K

50 hrs/wk

Fred Gaines

Chairman

Board

—

1 hrs/wk

Thomas Ohlgren

Treasurer

Board

—

1 hrs/wk

Kathy McIntyre

Secretary

Board

—

1 hrs/wk

Dr Aracely Aguiar

Director

Board

—

1 hrs/wk

Bill Allen

Director

Board

—

1 hrs/wk

Gerhard Apfelthaler

Director

Board

—

1 hrs/wk

Janice Azaren

Director

Board

—

1 hrs/wk

Lusine Babiryan

Director

Board

—

1 hrs/wk

Victor Berrellez

Director

Board

—

1 hrs/wk

Rev Zedar Broadous

Director

Board

—

1 hrs/wk

Cleveland Brown

Director

Board

—

1 hrs/wk

Maria Camacho

Director

Board

—

1 hrs/wk

Marisela Caraballo DiRuggiero

Director

Board

—

1 hrs/wk

Patricia Chambers

Director

Board

—

1 hrs/wk

Priscilla Chavez

Director

Board

—

1 hrs/wk

Meg Chil-Gevorkyan

Director

Board

—

1 hrs/wk

Brian Chu

Director

Board

—

1 hrs/wk

Nicolas Barrios

Director

Board

—

1 hrs/wk

Armida Colmenares-Stafford

Director

Board

—

1 hrs/wk

Steven Contreraz

Director

Board

—

1 hrs/wk

Jessica Cruz

Director

Board

—

1 hrs/wk

Elizabeth Cortez

Director

Board

—

1 hrs/wk

Martha Diaz Aszkenazy

Director

Board

—

1 hrs/wk

Gayle Duffy

Director

Board

—

1 hrs/wk

Claudia Dunn-Martinez

Director

Board

—

1 hrs/wk

Don Franken

Director

Board

—

1 hrs/wk

Jonathan Gilliam

Director

Board

—

1 hrs/wk

Dr Barry Gribbons

Director

Board

—

1 hrs/wk

Kim Guard

Director

Board

—

1 hrs/wk

Bruce Gumbiner

Director

Board

—

1 hrs/wk

Tamara Gurney

Director

Board

—

1 hrs/wk

Mary Hamzoian

Director

Board

—

1 hrs/wk

Marianne Haver Hill

Director

Board

—

1 hrs/wk

David Hawley

Director

Board

—

1 hrs/wk

Tracy Hernandez

Director

Board

—

1 hrs/wk

Forrest Hill

Director

Board

—

1 hrs/wk

David Honda

Director

Board

—

1 hrs/wk

Ross Hopkins

Director

Board

—

1 hrs/wk

Sarah Horvet

Director

Board

—

1 hrs/wk

Marian Jocz

Director

Board

—

1 hrs/wk

Richard Katz

Director

Board

—

1 hrs/wk

Kanika Kith

Director

Board

—

1 hrs/wk

Lois Klavir

Director

Board

—

1 hrs/wk

Kristy Lazur

Director

Board

—

1 hrs/wk

Leila Lee

Director

Board

—

1 hrs/wk

Jonathan Levy

Director

Board

—

1 hrs/wk

Rebecca Lienhard

Director

Board

—

1 hrs/wk

Susie Herrera

Director

Board

—

1 hrs/wk

Patti MacJennett

Director

Board

—

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear

NETWORK FOR GOOD

$20K

UNRESTRICTED

2024

AMERICAN ONLINE GIVING FOUNDATION INC

$11K

GENERAL SUPPORT

2024

IMA FOUNDATION

$10K

PROGRAM SERVICES

2024

THE BLACKBAUD GIVING FUND

$10K

GENERAL SUPPORT

2024

RICKEY & ROBBI GELB CHARITABLE

$1K

GENERAL PURPOSE

2024

COMERICA CHARITABLE FOUNDATION

$20K

Business Assistance Program

2023

NETWORK FOR GOOD

$7K

UNRESTRICTED

2023

SOUTHLAND REGIONAL ASSOCIATION OF

$5K

GENERAL SUPPORT

2023

RICKEY & ROBBI GELB CHARITABLE

$1K

GENERAL PURPOSE

2023

The Bank of America Charitable Foundation Inc

$20K

PROGRAM/OPERATING SUPPORT

2022

CALIFORNIA COMMUNITY FOUNDATION

$10K

ECONOMIC OPPORTUNITY

2022

MUFG UNION BANK FOUNDATION AG

$9K

CHARITABLE

2022

AMERICAN ONLINE GIVING FOUNDATION INC

$7K

GENERAL SUPPORT

2022

The Bank of America Charitable Foundation Inc

$20K

OPERATIONAL SUPPORT

2021

MUFG UNION BANK FOUNDATION AG

$8K

CHARITABLE

2021

SOUTHLAND REGIONAL ASSOCIATION OF

$5K

GENERAL SUPPORT

2021

MUFG UNION BANK FOUNDATION AG

$10K

CHARITABLE

2020

COMERICA CHARITABLE FOUNDATION

$5K

Back to Business Webinar Series

2020

The Bank of America Charitable Foundation Inc

$15K

PROGRAM/OPERATING SUPPORT

2018

Funded by

$193K from 10 funders · 19 grants · 2018–2024

The Bank of America Charitable Foundation Inc

$55K · 3 grants · 2018–2022

Network For Good

$27K · 2 grants · 2023–2024

Mufg Union Bank Foundation Ag

$27K · 3 grants · 2020–2022

Comerica Charitable Foundation

$25K · 2 grants · 2020–2023

American Online Giving Foundation Inc

$18K · 2 grants · 2022–2024

Ima Foundation

$10K · 1 grant · 2024

The Blackbaud Giving Fund

$10K · 1 grant · 2024

California Community Foundation

$10K · 1 grant · 2022

Details

EIN954524503

NTEE codeV20

Subsection03

Ruling date1995-09

Formed1994

Employees5

Volunteers120