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Filing year 2024

MERCADO LA PALOMA INC

Los Angeles, California·EIN 47-1787000·NTEE S11 · Community Improvement & Capacity Building·3
Total revenue
$798k
Total assets
$6.1M
Total expenses
$1.4M
Reported officers
5
Mission

BY PROVIDING AFFORDABLE RETAIL OPPORTUNITIES, TECHNICAL ASSISTANCE, START-UP CAPITAL AND SUPPORT, MERCADO LA PALOMA SEEKS TO CREATE BUSINESS OWNERSHIP OPPORTUNITIES AND LIVING WAGE JOBS IN OUR COMMUNITY AND TO OFFER NEEDED GOODS, SERVICES, AND ESSENTIAL SERVICES TO RESIDENTS AND EMPLOYEES WHO RETAIN SPENDING IN OUR NEIGHBORHOOD. BY HOSTING ART EXHIBITS, MUSIC AND DANCE PERFORMANCES, SPOKEN WORD, FILM SHOWINGS AND OTHER EVENTS MERCADO LA PALOMA SEEKS TO SUPPORT AND SHOWCASE LOCAL ARTISTS, PROVIDE HIGH QUALITY ART AND CULTURAL OPPORTUNITIES FOR OUR COMMUNITY AND IMPART THE UNIQUE HERITAGE OF THE AREAS RESIDENTS THROUGH THE NON-PROFIT OFFICES AND OUR AFFORDABLE MEETING ROOM THAT HOSTS A WIDE RANGE OF COMMUNITY MEETINGS, EVENTS AND CLASSES. BY CREATING A WARM AND WELCOMING GATHERING SPACE FULL OF GUESTS FROM ALL WALKS OF LIFE AND OPEN TO THEIR IDEAS AND SUGGESTIONS, MERCADO LA PALOMA PROVIDES OPPORTUNITIES FOR EMPOWERMENT, ENJOYMENT AND CONNECTION STRENGTHENING EXISTING SOCIAL TIES AND CRE

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$25k
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Financial trend

Revenue and expenses over time

MERCADO LA PALOMA INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$727k
$1.1M
2023
$798k
$1.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in California

Comparable community improvement & capacity building organizations in California pay their highest-earning executive a median of $95,054.

25th percentile
$42k
Median
$95,054
75th percentile
$159k
90th percentile
$256k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 255 organizations across 255 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for California
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