Playa Vista Parks And Landscape Corporation
- Assets
- $9.7m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Playa Vista, CA
- Founding
- 12/2001
- Data as of
- 12/2020
- EIN
- 95-4790517
Organization Overview
Playa Vista Parks And Landscape Corporation is located in Playa Vista, CA. The organization was established in 2001. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Playa Vista Parks And Landscape Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Playa Vista Parks And Landscape Corporation generated $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $14.8m during the year ending 12/2020. While expenses have increased by 9.7% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MAINTENANCE OF COMMUNITY AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAINTENANCE AND MANAGEMENT OF COMMUNITY AREAS WHICH ARE OPEN TO AND AVAILABLE FOR USE BY MEMBERS AND TO THE PUBLIC.
THE MAINTENANCE AND MANAGEMENT OF COMMUNITY AREAS WHICH ARE OPEN TO AND AVAILABLE FOR USE BY MEMBERS AND TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Glassman Secretary | Officer | 3 | $0 |
Thomas Schulte Treasurer | Officer | 3 | $0 |
Steve Donell President | Officer | 3 | $0 |
Paula Zinnemann Vice Preside | Officer | 3 | $0 |
Jennifer Stanley Member At La | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Firstservice Residential California Management | 12/30/20 | $2,392,441 |
Fieldturf Usa Construction | 12/30/20 | $801,236 |
Brightview Landscape Srv Landscape | 12/30/20 | $971,859 |
Brightview Tree Care Tree Service | 12/30/20 | $397,285 |
Platinum Security Inc Patrol | 12/30/20 | $1,920,000 |
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 | $16,025,158 |
| Investment income | $38,708 |
| 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 | $16,407,295 |
| 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 | $295,616 |
| Fees for services: Legal | $70,084 |
| Fees for services: Accounting | $3,935 |
| 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 | $166,175 |
| Information technology | $21,000 |
| 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 | $105,435 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,424 |
| Insurance | $135,291 |
| All other expenses | $3,389,977 |
| Total functional expenses | $14,804,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,102,503 |
| Savings and temporary cash investments | $3,780,722 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $230,192 |
| 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 | $85,486 |
| Net Land, buildings, and equipment | $19,688 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,434,206 |
| Total assets | $9,652,797 |
| Accounts payable and accrued expenses | $270,337 |
| Grants payable | $0 |
| Deferred revenue | $340,982 |
| 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 | $3,295,978 |
| Other liabilities | $26,013 |
| Total liabilities | $3,933,310 |
| Net assets without donor restrictions | $1,944,655 |
| Net assets with donor restrictions | $3,774,832 |
| 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 | $9,652,797 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Playa Vista Parks And Landscape Corporation Playa Vista, CA | $9,652,797 | $16,407,295 |
Sun City Lincoln Hills Community Assoc Lincoln, CA | $44,085,364 | $14,902,211 |
Contract Services Administration Trust Fund Burbank, CA | $59,895,181 | $22,741,502 |
Anthem Community Council Inc An Arizona Corporation Anthem, AZ | $42,052,181 | $12,868,028 |
Woodbridge Village Association Irvine, CA | $45,533,220 | $10,585,872 |
Summerlin Community Association Las Vegas, NV | $9,680,650 | $11,179,193 |
Somos Mayfair Inc San Jose, CA | $6,800,573 | $9,791,764 |
Telegraph Hill Neighborhood Association San Francisco, CA | $6,597,736 | $6,953,817 |
Sequoia Plaza Mobilehome Park Corporation Santa Ana, CA | $9,927,659 | $2,117,885 |
Valley Vision Inc Sacramento, CA | $1,459,627 | $4,632,311 |
Gainey Ranch Community Association Scottsdale, AZ | $7,578,299 | $4,436,589 |
Providence Master Homeowners Association Las Vegas, NV | $3,203,236 | $4,533,387 |