Abundant Housing LA
- Assets
- $619.5k
- Revenue
- $560.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1253809
Organization Overview
Abundant Housing LA is located in Los Angeles, CA. As of 12/2021, Abundant Housing LA employed 7 individuals. Abundant Housing LA is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Abundant Housing LA generated $560.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $410.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE, ADVOCATE FOR, AND SUPPORT THE CREATION OF AN EQUITABLE AND ENVIRONMENTALLY SUSTAINABLE REGION WHERE ALL CURRENT AND FUTURE ANGELENOS CAN AFFORD TO LIVE, INCLUDING THROUGH LEGISLATION, REGULATIONS, AND GOVERNMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABUNDANT HOUSING LA IS A PRO-HOUSING, NONPROFIT ADVOCACY ORGANIZATION WORKING TO HELP SOLVE SOUTHERN CALIFORNIAS HOUSING CRISIS. OUR ORGANIZATION SUPPORTS MORE HOUSING AT ALL LEVELS OF AFFORDABILITY AND REFORMS TO LAND USE AND ZONING CODES, WHICH ARE NEEDED IN ORDER TO MAKE HOUSING MORE AFFORDABLE, IMPROVE ACCESS TO JOBS AND TRANSIT, PROMOTE GREATER ENVIRONMENTAL SUSTAINABILITY, AND ADVANCE RACIAL AND ECONOMIC EQUITY. WE ADVOCATE FOR MORE HOUSING OF ALL TYPES, SEND LETTERS AND SHOW UP AT MEETINGS TO SPEAK OUT IN FAVOR OF NEW HOUSING PROJECTS. WE ALSO CONDUCT RESEARCH AND EDUCATE THE PUBLIC AS WELL AS ELECTED OFFICIALS ON THE BENEFITS OF MORE HOUSING. AS A 501(C)4 ORGANIZATION, WE ALSO ENGAGE IN POLITICAL ACTIVITY TO SUPPORT PRO HOUSING CANDIDATES FOR OFFICE. TOGETHER WITH THE ABUNDANT HOUSING LA EDUCATION FUND, OUR 501(C)3 PARTNER ORGANIZATION,WE ARE THE YIMBY (YES IN MY BACKYARD) VOICE FOR LA COUNTY. A SMALL GROUP OF NIMBY (NOT IN MY BACKYARD) ANGELENOS PROTECT HOUSING SCARCITY AND STAND IN THE WAY OF MORE AFFORDABLE HOUSING FOR ANGELENOS. WE INSTEAD STAND FOR A LOS ANGELES WITH ABUNDANT HOUSING NEAR GOOD JOBS AND ACCESSIBLE TO CONVENIENT, SUSTAINABLE TRANSIT. ABUNDANT HOUSING LA BEGAN AS AN ALL-VOLUNTEER ORGANIZATION IN 2016, AND WHILE WEVE GROWN OVER THE YEARS, MOST OF OUR ON-THE-GROUND WORK IS STILL DONE BY VOLUNTEERS. REACH OUT TO GET INVOLVED AND JOIN THE PARTY!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilissa Gold Chair | OfficerTrustee | 5 | $0 |
David Edimo Vice Chair | OfficerTrustee | 5 | $0 |
Mark Edwards Secretary | OfficerTrustee | 5 | $0 |
Arjun Kolachalam Treasurer | OfficerTrustee | 5 | $0 |
Nick Burns Director | Trustee | 5 | $0 |
Brent Gaisford Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,731 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $560,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $289,256 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,193 |
| Payroll taxes | $29,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,364 |
| Fees for services: Accounting | $653 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,047 |
| Advertising and promotion | $696 |
| Office expenses | $896 |
| Information technology | $8,490 |
| Royalties | $0 |
| Occupancy | $15,100 |
| Travel | $115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,082 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,293 |
| Insurance | $3,837 |
| All other expenses | $132 |
| Total functional expenses | $410,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,246 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $619,475 |
| Accounts payable and accrued expenses | $8,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,242 |
| Net assets without donor restrictions | $611,233 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $619,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Abundant Housing LA has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Chan Zuckerberg Initiative Advocacy Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |