THE VALLEY ECONOMIC ALLIANCE Charity Report

Public IRS 990 nonprofit record

THE VALLEY ECONOMIC ALLIANCE

EIN 95-4524503 · Social Science (V20)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders87 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

63.48%of revenue went to mission work70.0% of expenses · Program services

13.60%of revenue went to fundraising15.0% of expenses

$90.68spent for every $100 of revenueRevenue covered expenses this year.

13.60%of revenue went to management and office costs15.0% of expenses

$1.89in assets for every $1 spent this yearSome assets cannot be spent right away.

54.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $177,545 for SONYA KAY BLAKE (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,018,382

Mission workProgram services$646,45463.48% of revenue70.0% of expenses

ManagementOffice and general costs$138,52113.60% of revenue15.0% of expenses

FundraisingAsking for donations$138,53213.60% of revenue15.0% of expenses

Revenue left after expensesReported annual surplus$94,8759.32% of revenueShown in gray on the chart

Total expenses$923,50790.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 70.0% mission · 15.0% management · 15.0% fundraisingTotal expenses: 90.68% of revenue

2023Expense mix: 72.5% mission · 13.7% management · 13.7% fundraisingTotal expenses: 119.46% of revenue

2022Expense mix: 76.6% mission · 11.7% management · 11.7% fundraisingTotal expenses: 126.15% of revenue

2021Expense mix: 84.1% mission · 8.0% management · 8.0% fundraisingTotal expenses: 40.78% of revenue

2020Expense mix: 81.9% mission · 9.1% management · 9.1% fundraisingTotal expenses: 110.21% of revenue

2019Expense mix: 80.0% mission · 10.0% management · 10.0% fundraisingTotal expenses: 112.39% of revenue

2018Expense mix: 80.0% mission · 10.0% management · 10.0% fundraisingTotal expenses: 107.84% of revenue

2017Expense mix: 80.0% mission · 10.0% management · 10.0% fundraisingTotal expenses: 99.17% of revenue

Money in and money out

Revenue$1,018,382

Expenses$923,507

Annual surplus $94,875 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$646,454 · 70.0% of expenses

Management and office costs$138,521 · 15.0% of expenses

Fundraising$138,532 · 15.0% of expenses

See all reported dollar amounts

Revenue$1,018,382

Expenses$923,507

Assets$1,747,376

Income$1,018,382

Contributions$559,450

Mission work (program services)$646,454

Fundraising$138,532

Management and general$138,521

Stocks and bonds$1,444,586

Accounting fees$24,183

Investing fees$6,067

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SONYA KAY BLAKEPRESIDENT & CEO · 50 hrs/week $177,545

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (87)

SONYA KAY BLAKEPRESIDENT & CEO

MICHELLE QUIRANTEDIRECTOR

PETER NADANDIRECTOR

PEGI MATSUDADIRECTOR

PAUL PALKOVICDIRECTOR

PATTI MACJENNETTDIRECTOR

PATRICIA CHAMBERSDIRECTOR

PAMELA MARCELODIRECTOR

NIKKI PEREZDIRECTOR

NICOLS MONTANODIRECTOR

NICOLAS BARRIOSDIRECTOR

MIRI ROSSITTODIRECTOR

PRISCILLA CHAVEZDIRECTOR

MEG CHIL-GEVORKYANDIRECTOR

MAX REYESDIRECTOR

MARY SOLORIODIRECTOR

MARY HAMZOIANDIRECTOR

MARTHA DIAZ ASZKENAZYDIRECTOR

MARISOL ESPINOZADIRECTOR

MARISELA CARABALLO DIRUGGIERODIRECTOR

MARIJANE KANTZABEDIANDIRECTOR

MARICRUZ SUACEDODIRECTOR

MARIANNE HAVER HILLDIRECTOR

SOUA VANGDIRECTOR

VICTOR BERRELLEZDIRECTOR

VERONICA DE LA CRUZDIRECTOR

TRACY HERNANDEZDIRECTOR

TAMARA GURNEYDIRECTOR

TAMALA TAKAHASHIDIRECTOR

SUSIE HERRERADIRECTOR

STUART WALDMANDIRECTOR

STEVEN CONTRERAZDIRECTOR

STEVE FAZIODIRECTOR

STEPHANIE MEDINADIRECTOR

MARIAN JOCZDIRECTOR

SHEFALI MISTRYDIRECTOR

SHARON BRONSONDIRECTOR

SCOTT SILVERSTEINDIRECTOR

SARAH HORVETDIRECTOR

ROSS HOPKINSDIRECTOR

ROLANDO CHAVEZDIRECTOR

RICHARD KATZDIRECTOR

REBECCA LIENHARDDIRECTOR

RANDY WITTDIRECTOR

DENNIS WASHBURNDIRECTOR

FEDERICO SAUCEDODIRECTOR

EVELYN ZARTNERDIRECTOR

ERIC NISHIMOTODIRECTOR

ELIZABETH DE CARTERETDIRECTOR

ELIZABETH CORTEZDIRECTOR

ED ALBRECHTDIRECTOR

DR BARRY GRIBBONSDIRECTOR

DR ARMIDA ORNELASDIRECTOR

DR ARACELY AGUIARDIRECTOR

DON FRANKENDIRECTOR

FORREST HILLDIRECTOR

DAVID SHAPIRODIRECTOR

DAVID HONDADIRECTOR

DARNELL TYLERDIRECTOR

CLAUDIA DUNN-MARTINEZDIRECTOR

BRUCE GUMBINERTREASURER

BRIAN CHUDIRECTOR

BILL ALLENDIRECTOR

AUDREY SIMONSDIRECTOR

ART PFEFFERMANDIRECTOR

ARMIDA COLMENARES-STAFFORDDIRECTOR

JONATHAN GILLIAMDIRECTOR

MARIA CAMACHODIRECTOR

LUSINE BABIRYANDIRECTOR

LOIS KLAVIRDIRECTOR

LEILA LEEDIRECTOR

KRISTY LAZURDIRECTOR

KECIA WASHINGTONDIRECTOR

KATHY MCINTYRESECRETARY

KANIKA KITHDIRECTOR

JOSH SCHIMMELSDIRECTOR

JONATHAN LEVYDIRECTOR

AMY WIESEDIRECTOR

JOHN STIPANOVDIRECTOR

JOHN PARKERDIRECTOR

JANICE AZARENDIRECTOR

JANE SKEETERDIRECTOR

JACOB HAIKDIRECTOR

HEATH PATTONDIRECTOR

GAYLE DUFFYDIRECTOR

FRED GAINESCHAIRMAN

FRANK MARTINEZDIRECTOR

About this charity

Recognized since: January 1995
Location: 5121 VAN NUYS BLVD 200, SHERMAN OAKS, CA 91403
County: Los Angeles
In care of: Sonya Kay Blake
Primary officer: Sonya Kay Blake, President & CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@economicalliance.org Phone(818) 379-7000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Social Science (V20)
IRS tax category: Social Science