Hollywood Community Housing Corporation

Organization Overview

Hollywood Community Housing Corporation is located in Los Angeles, CA. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Hollywood Community Housing Corporation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Community Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Hollywood Community Housing Corporation generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $9.4m during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LOW-INCOME HOUSING DEVELOPMENT, RESIDENT SERVICES, AND ASSET MANAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HCHC'S HOUSING OPERATIONS INCLUDES THE OPERATIONS OF THE PROPERTIES AND ITS ASSET MANAGEMENT DEPARTMENT WHICH DEVELOPS AND IMPLEMENTS STRATEGIES TO ENSURE THE LONG-TERM HEALTH OF ITS PROPERTIES FOR THE BENEFIT OF ITS RESIDENTS. HCHC ALSO MANAGES 147 UNITS AS OF DECEMBER 31, 2021 AND ANTICIPATES SELF MANAGING ADDITIONAL PROPERTIES IN FUTURE PERIODS. THE DEPARTMENT MONITORS THE LEASE-UP PROCESS OF NEW BUILDINGS, SUPERVISES PROPERTY MANAGEMENT OPERATIONS, ANALYZES FINANCIAL PERFORMANCE, IMPOSES CONTROL OVER PROPERTY MAINTENANCE, MEDIATES RESIDENT GRIEVANCES, AND WORKS WITH ITS HOUSING DEVELOPMENT DEPARTMENT ON DESIGN CONSIDERATIONS FOR NEW BUILDINGS. THE ASSET MANAGEMENT TEAM ACTIVELY SEEKS OUT WAYS TO LOWER OPERATING EXPENSES, PRIMARILY THROUGH GREEN INITIATIVES AND ENERGY SAVINGS PROGRAMS.


HCHC'S CORE PROGRAMS INCLUDE THE DEVELOPMENT OF AFFORDABLE HOUSING AND PERMANENT SUPPORTIVE HOUSING. SINCE ITS INCEPTION, HCHC HAS DEVELOPED 32 PROPERTIES THAT HOUSE OVER 2,500 PEOPLE IN 1,153 UNITS OF SAFE, ATTRACTIVE AND CENTRALLY LOCATED AFFORDABLE HOUSING. RESIDENTS OF HCHC PROPERTIES HAVE EXTREMELY LOW- TO LOW-INCOMES, TYPICALLY EARNING BELOW 60% OF THE AREA MEDIAN INCOME. OVER 30% OF HCHC'S HOUSING UNITS ARE DESIGNATED FOR SPECIAL-NEEDS INDIVIDUALS AND THEIR FAMILIES, THOSE DISABLED BY HIV/AIDS, FORMERLY CHRONICALLY HOMELESS INDIVIDUALS AND/OR PERSONS LIVING WITH CO-OCCURRING AND MULTIPLE CONDITIONS. THREE OF HCHC'S BUILDINGS SERVE ONLY SENIORS, ONE SPECIFICALLY FOR SENIORS WITH SPECIAL NEEDS.


HCHC'S RESIDENT SERVICES PROGRAM PROVIDES CARE COORDINATION, REFERRAL AND LINKAGE TO RESOURCES, CRISIS INTERVENTION, A FOOD PANTRY, ESL CLASSES, GED INSTRUCTION, GROUP/INDIVIDUAL THERAPY, AND LIFE-SKILLS CLASSES. WHEN CIRCUMSTANCES LIKE A PANDEMIC ARE NOT A FACTOR, HCHC'S FOOD PANTRY IS OPEN ONCE A WEEK TO HCHC RESIDENTS AND THE COMMUNITY AT LARGE AND PROVIDES FOOD STAPLES, MEAT, AND VEGETABLES EVERY MONTH. PEOPLE ACCESSING THE FOOD PANTRY INCLUDE A NUMBER OF SPECIAL-NEEDS RESIDENTS WHO LIVE IN HCHC COMMUNITIES, LOW-INCOME HOUSEHOLDS IN THE NEIGHBORING COMMUNITY, AND INDIVIDUALS WHO IDENTIFY AS HOMELESS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brooks & Scarpa Architects Inc
Architects
$688,310
Eleanor Atkins
Senior Housing Finance Consultant
$123,525
Cecchetto Productions Inc
Event Planning
$200,000
Killefer Flammang Architects
Architects
$148,054
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $744,396
All other contributions, gifts, grants, and similar amounts not included above$466,362
Noncash contributions included in lines 1a–1f $23,407
Total Revenue from Contributions, Gifts, Grants & Similar$1,210,758
Total Program Service Revenue$7,752,323
Investment income $106,703
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 $9,106,677

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Hollywood Community Housing Corporation has recieved totaling $168,715.

Awarding OrganizationAmount
Kaiser Foundation Hospitals

Oakland, CA

PURPOSE: Hchc's Trauma-informed Care (Tic) Focused Resident

$50,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$30,000
Queenscare

Los Angeles, CA

PURPOSE: To fund health related services provided AIDS patients.

$30,000
Leon Lowenstein Foundation Inc

New Haven, CT

PURPOSE: CHARITABLE

$25,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$18,210
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$15,000
View Grant Recipient Profile

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