ORGANIZATION
The Long Beach Center for Economic Inclusion (LBCEI) is a non-profit Community Development Corporation (CDC) with a mission of expanding inclusive economic opportunities to build and sustain wealth for all communities in Long Beach. We envision a Long Beach where entrepreneurs, youth, workers, and individuals have the tools and opportunities to successfully build vibrant neighborhoods, successful businesses, and healthy, resilient families. LBCEI seeks out community organizations (nonprofits and small businesses) that support economic opportunities and connects them to resources that helps them expand the work they are doing in underserved communities. LBCEI emphasizes our focus areas of: (1) entrepreneurship and small business support; (2) workforce and youth development; (3) affordable housing and homeownership; and (4) economic resiliency. Lastly, LBCEI serves as a resource hub connecting community-based organizations to resources that enable them to serve their constituents and promote economic opportunity.
MISSION
Long Beach Center for Economic Inclusion (LBCEI) is a 501(C)3 Community Development Corporation that expands inclusive economic opportunities to build and sustain wealth for all communities in Long Beach. LBCEI values include: (1) Bringing Everyone In; (2) An Economy For All; (3) Access To Capital; (4) Inclusive Opportunity
HISTORY
Establishing a Community Development Corporation (CDC) was an objective of the Everyone In Economic Inclusion Initiative and an undertaking of a core group of community partners: then Long Beach City Councilmember Rex Richardson, the Everyone In Implementation Committee, Long Beach Community Action Partnership, Wells Fargo, and the City of Long Beach. In June 2019, the Long Beach City Council unanimously approved the Everyone In Implementation Plan, a comprehensive outline of five key recommendations that would help expand access to economic opportunity in the areas of Small Business and Diverse Entrepreneurship, Procurement, Workforce and Youth Development, Connectedness (Economic Resiliency), and Housing and Homeownership. The recommendation to support the establishment of a Community Development Corporation (CDC) that facilitates economic development at the neighborhood level was included in this package of economic inclusion recommendations. Wells Fargo provided a seed grant that was matched by the City of Long Beach to provide the startup funds and a founding Board of Directors was identified. And in March of 2020 the Long Beach Center for Economic Inclusion was launched.
POSITION SUMMARY
LBCEIs mission is to expand inclusive economic opportunities for underserved communities throughout Long Beach. Reporting to the Board of Directors (BOD), the Executive Director (ED) will have the freedom and autonomy to direct the strategic and operational responsibility of LBCEI staff, strategic partnerships and their associated programs, organizational development & expansion, and execution of LBCEIs mission. We are looking for an eager, thoughtful candidate who has enthusiasm for economic inclusion and shaping a young nonprofit organization.
The ED acts as chief spokesperson and advocate for LBCEI and is a key interface with community partners and financial supporters including corporations, foundations, and public agencies. Additionally, the ED is expected to seek out organizations in the community that support economic opportunities and connect them to expansion and growth resources for work already underway in underserved communities. The responsibilities and duties of the Executive Director are varied and may change at any time based upon the needs of the community and directive of the Board of Directors. The initial annual fundraising expectation will be to raise fund to cover the cost of staff salaries and contracts, organizational overhead, and program expenses. We estimate this cost to be between $300,000-$500,000 annually.
KEY PRIORITIES FOR EXECUTIVE DIRECTOR
Conduct a needs assessment and develop an action plan.
Develop plan for raising annual organizational expenses, an estimated 300K-500K from diverse revenue sources.
Broaden relationships with key elected officials, funders, foundations and strategic partners.
Strengthen the infrastructure; hire staff as needed; secure interns and volunteers.
Facilitate board development efforts including board recruitment.
CORE COMPETENCIES
To perform effectively in this position, the individual should demonstrate the following competencies:
Job Knowledge Understand and keep current on the technical aspects of managing a nonprofit organization; the duties and responsibilities of the position; and the development, policy and outreach goals of the organization.
Organizational Management Familiar with the basic principles of managing people and organizations.
Financial Management Understand how to use effective systems of internal controls to account for and report all receipts and expenditures of funds; understand budgeting and forecasting and know how to read standard financial reports such as profit and loss statements and balance sheets.
Leadership and Initiative Thinks strategically; able to create and communicate a vision of the future and empower people toward its realization; provides strong leadership and strategic planning both internally and externally; displays initiative in developing action plans and resolving problems as they occur; has strong interpersonal skills and abilities; can organize and deploy resources to effectively achieve organizational goals and objectives.
Development and Fundraising Familiar with various forms of fundraising and development in the nonprofit sector; prepared to develop, build and lead a fundraising strategy to meet financial goals.
Communications Has strong writing and speaking skills; able to communicate effectively with multiple internal and external audiences with varying backgrounds and interests; can clearly and succinctly present and analyze issues and potential actions orally and in writing.
COMPENSATION AND BENEFITS
LBCEI offers a salary between $75,000 $90,000 and benefits package appropriate to the qualifications and experience required for the position.
HOW TO APPLY
Thank you for your interest! Please submit your resume and a letter of interest which should include why you are interested in joining LBCEI, your relevant experience and accomplishments and two examples of why you would be a strong candidate and the key attributes you would bring to this position. We are unable to accept direct inquiries about this position (i.e. phone calls, emails).
EQUAL OPPORTUNITY EMPLOYER
Long Beach Center for Economic Inclusion is a 501(c)(3) tax-exempt public benefit corporation and an equal opportunity employer. For further information visit www.lbcei.org.
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