EIN 27-5334557

Long Beach Economic Partnership

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Long Beach Economic Partnership hosts the Economic Forum online, featuring speakers from diverse industry sectors and virtual guests worldwide. LBEP provides technology training and coaching to small businesses and grant funding to assist owners in acquiring necessary tools with seed funding from the Long Beach Community Foundation.
Also known as...
Long Beach Downtown Development Corporation
Total revenues
$498,200
2022
Total expenses
$510,269
2022
Total assets
$458,402
2022
Num. employees
0
2022

Program areas at Long Beach Economic Partnership

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.
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.
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.
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.

Who funds Long Beach Economic Partnership

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Downtown Long Beach AllianceThe Loop Long Beach$36,000
MUFG Union Bank FoundationCharitable$20,000

Personnel at Long Beach Economic Partnership

NameTitleCompensation
Ryan AltoonChairperson$0
Randal HernandezVice Chair / Chairperson$0
Tala BaltazarSecretary$0
Debra FixenTreasurer / Vice Chair$0

Financials for Long Beach Economic Partnership

RevenuesFYE 12/2022
Total grants, contributions, etc.$447,700
Program services$50,500
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$498,200

Form 990s for Long Beach Economic Partnership

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-16990View PDF
2021-122022-11-15990View PDF
2019-122021-05-13990View PDF
2019-092021-05-05990View PDF
2018-092019-05-14990View PDF
...and 1 more Form 990
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 16 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from MUFG Union Bank Foundation
December 26, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Science and technologyCommunity improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
100 W Broadway 120 Suite 120
Long Beach, CA 90802
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
lbep.org/ 
Phone
(562) 436-4259
IRS details
EIN
27-5334557
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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