Los Angeles County Economic Development Corporation
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Los Angeles County Economic Development Corporation
Los Angeles County Economic Development Corporation (LAEDC) is a public-benefit nonprofit corporation established in 1981 by the Los Angeles County Board of Supervisors. Its mission is “Reinventing our economy to collaboratively advance growth and prosperity for all.” The LAEDC was originally formed to facilitate Los Angeles County's economy with programs to improve and stimulate economic development to ameliorate conditions of poverty, community tensions, and social and economic disparities. Since then, the organization has grown to encompass a wide range of services, using a broad-based coalition of community, government, business and education partners. LAEDC holds workshops, town halls, conferences, economic forecasts and other professional events throughout the year in various locations throughout the Los Angeles County region, providing partners a path toward collaborative economic development. The Institute for Applied Economics This division of the LAEDC conducts not ...
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Public-benefit Nonprofit Corporation
A public-benefit nonprofit corporationCalifornia Code - Part 2: NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910./ref> is a type of Nonprofit organization">nonprofit corporation chartered by a state governments of the United States, state government, and organized primarily or exclusively for Institution, social, educational institution, educational, Recreation, recreational or Charitable organization, charitable purposes by like-minded citizens. Public-benefit nonprofit corporations are distinct in the law from mutual-benefit nonprofit corporations in that they are organized for the general public benefit, rather than for the interest of its members. They are also distinct in the law from religious corporations. See also * Civic society * New York state public-benefit corporations New York state public-benefit corporations and authorities operate like quasi-private corporations, with boards of directors appointed by elected officials, overseeing both publicly operated and ...
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