Central Hollywood Coalition
- Assets
- $148.0k
- Revenue
- $63.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hollywood, CA
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 30-0008525
Organization Overview
Central Hollywood Coalition is located in Hollywood, CA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Hollywood Coalition is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Central Hollywood Coalition generated $63.0 in total revenue. All expenses for the organization totaled $12.7k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE PROGRAMS, ACTIVITIES AND CONTRACTS TO PROMOTE COMMUNITY REVITALIZATION, STREETSCAPE IMPROVEMENTS AND PUBLIC SAFETY FOR THE PROPERTY OWNERS IN HOLLYWOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO MANAGE PROGRAMS, ACTIVITIES, AND CONTRACTS WITH THE AIM OF PROMOTING COMMUNITY REVITALIZATION EFFORTS, QUALITY OF LIFE, STREETSCAPE IMPROVEMENTS, ECONOMIC DEVELOPMENT AND BUSINESS INTEREST FOR THE BENEFIT OF OWNERS OF PROPERTY IN THE DISTRICT.AS PLANNED, THE SUNSET & VINE BUSINESS IMPROVEMENT DISTRICT WAS NOT RENEWED AND ENDED DECEMBER 31, 2018. THROUGH CITY ORDINANCE NO. 185642 DATED JUNE 26, 2018, THE CITY COUNCIL OF THE CITY OF LOS ANGELES RENEWED THE HOLLYWOOD ENTERTAINMENT DISTRICT BUSINESS IMPROVEMENT DISTRICT AND INCORPORATED WHAT WAS KNOWN AS THE FORMER SUNSET & VINE BID INTO ONE EXPANDED DISTRICT FOR A PERIOD STARTING JANUARY 1, 2019 THROUGH DECEMBER 31, 2028. ON OCTOBER 22, 2018, THROUGH CONTRACT NO. C-132196, THE CITY OF LOS ANGELES ENTERED INTO A NEW AGREEMENT WITH THE HOLLYWOOD PROPERTY OWNERS ALLIANCE (A.K.A. THE HOLLYWOOD PARTNERSHIP) ACTING AS THE NON-PROFIT CORPORATION FOR THE ADMINISTRATION OF THE HOLLYWOOD ENTERTAINMENT DISTRICT BUSINESS IMPROVEMENT DISTRICT FROM JANUARY 1, 2019 THROUGH DECEMBER 31, 2028.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Folb Director | Trustee | 1 | $0 |
Chase Gordon Director | Trustee | 1 | $0 |
C Drew Planting Director | Trustee | 1 | $0 |
Bill Humphrey Director | Trustee | 1 | $0 |
Michael Pogorzelski Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Security Associates Inc Security | 12/30/18 | $760,781 |
Streetplus Company Llc Maintenance | 12/30/18 | $361,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $1,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,810 |
| All other expenses | $0 |
| Total functional expenses | $12,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,873 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,155 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,028 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $148,028 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $148,028 |
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