South Park Stakeholders Group
- Assets
- $2.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Los Angeles, CA
- Founding
- 11/1992
- Data as of
- 12/2021
- EIN
- 95-4390079
Organization Overview
South Park Stakeholders Group is located in Los Angeles, CA. The organization was established in 1992. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, South Park Stakeholders Group employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Park Stakeholders Group 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, South Park Stakeholders Group generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 9.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE REVITALIZATION, QUALITY OF LIFE, SECURITY, STREETSCAPE, TOURISM & ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPED BY A GROWING COALITION OF DOWNTOWN PROPERTY AND BUSINESS OWNERS, THE SOUTH PARK STAKEHOLDERS GROUP, INC. IS A BENEFIT ASSESSMENT DISTRICT BY CITY ORDINANCE 171678 TO IMPROVE AND CONVEY SPECIAL BENEFITS TO PROPERTIES LOCATED WITHIN THE SOUTH PARK DISTRICT OF LOS ANGELES. PUBLIC SAFETY PROGRAMS PROVIDE ADDITIONAL SECURITY TO THE NEIGHBORHOOD TO SUPPORT POLICE AND PROPERTY OWNER CRIME PREVENTION EFFORTS.
MAINTENANCE PROGRAMS ARE IMPLEMENTED TO IMPROVE THE APPEARANCE OF THE DISTRICT BY INCREASING THE FREQUENCY OF LITTER, DEBRIS AND GRAFFITI REMOVAL.
THE ORGANIZATION PROVIDED ADVOCACY TO PROMOTE BUSINESS INTERESTS IN THE DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Riotto Executive Director | Officer | 40 | $183,750 |
Channing Henry Director & Secretary | OfficerTrustee | 2 | $0 |
Daniel Taban Director & Presdient | OfficerTrustee | 2 | $0 |
Robert Buente Director & Treasurer | OfficerTrustee | 2 | $0 |
Paul Keller Director | Trustee | 1 | $0 |
Terry Rubinroit Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
La Conservation Corp Maintenance Services | 12/30/18 | $725,358 |
Streetplus Company Llc Security Services | 12/30/18 | $942,738 |
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 | $13,783 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,783 |
| Total Program Service Revenue | $2,954,675 |
| 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 | $2,968,458 |
| 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. | $193,483 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,547 |
| Pension plan accruals and contributions | $5,947 |
| Other employee benefits | $18,640 |
| Payroll taxes | $32,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,512 |
| Fees for services: Accounting | $62,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,319 |
| Advertising and promotion | $13,693 |
| Office expenses | $19,922 |
| Information technology | $2,270 |
| Royalties | $0 |
| Occupancy | $168,175 |
| Travel | $10 |
| 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 | $33,438 |
| Insurance | $14,180 |
| All other expenses | $30,003 |
| Total functional expenses | $3,253,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $962,008 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $514,149 |
| 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 | $14,752 |
| Net Land, buildings, and equipment | $399,171 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,085 |
| Total assets | $1,964,165 |
| Accounts payable and accrued expenses | $530,096 |
| 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 | $79,138 |
| Total liabilities | $609,234 |
| Net assets without donor restrictions | $1,354,931 |
| 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 | $1,964,165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Parks Alliance San Francisco, CA | $18,998,455 | $13,460,764 |
Yosemite Foundation San Francisco, CA | $37,489,073 | $19,130,679 |
California State Parks Foundation San Francisco, CA | $15,437,554 | $10,182,673 |
Western National Parks Association Tucson, AZ | $16,969,884 | $10,617,011 |
City Fields Foundation San Francisco, CA | $32,251 | $525,011 |
Cherokee Memorial Park Lodi, CA | $30,465,199 | $7,494,218 |
Save Mount Diablo Walnut Creek, CA | $23,107,721 | $3,476,517 |
Crystal Cove Conservancy Newport Coast, CA | $7,212,040 | $4,737,613 |
Roosevelt Memorial Park Asso Gardena, CA | $6,728,586 | $5,961,574 |
Oaks Park Association Portland, OR | $15,243,848 | $2,154,099 |
Oakland Childrens Fairyland Inc Oakland, CA | $2,041,774 | $4,880,926 |
Gage Canal Company Riverside, CA | $3,778,956 | $3,287,704 |