Comparing revenue to expenses shows how the organizations finances fluctuate over time.
Source: IRS Form 990
ELACC has a full-time staff of 33 in the following departments: Administrative, Accounting, Community Organizing, Community Wealth, Fund Development and Communications, Real Estate Development and Asset Management, and Tenant Services. We have four contract employees, a volunteer base of over 250 annually, and a regular roster of 7-10 interns annually at the organization.
For our equitable real estate developments, we track the number of new and preserved affordable rental housing units and for-sale homes we have developed, along with the number of square footage of commercial and community space. For our properties in operation, we track our vacancy rate, tenant retention, and consider the energy usage of our buildings in regards to cost and reduction in use. We also measure our success by tracking how much private and public dollars we have invested in equitable development projects. In 20 years, ELACC’s Real Estate Development team has harnessed over $300 million.
President, Isela Gracian, is a distinguished authority among Los Angeles area equitable community development and anti-displacement leadership. Isela joined ELACC in 2004 as a job training program coordinator. In her 12 years of service since, she has held various progressive positions, including Director of Community Organizing and Vice President of Operations. She has led the organization’s strategic and operational planning efforts since 2010, along with program oversight for all ELACC departments. The California Women's Foundation recognized Isela for her thought-leading work formulating solutions to community issues by appointing her a California Women's Policy Institute Fellow in 2006-2007. She currently serves on various boards, including Strategic Concepts in Organizing and Political Education (SCOPE) and the California Reinvestment Coalition. Isela is a graduate of the University of California, Davis.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.