Central City Assoc Of Los Angeles

Organization Overview

Central City Assoc Of Los Angeles is located in Los Angeles, CA. The organization was established in 1945. 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. As of 12/2021, Central City Assoc Of Los Angeles employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central City Assoc Of Los Angeles 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 City Assoc Of Los Angeles generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. 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

TO PROMOTE THE ECONOMIC HEALTH AND QUALITY OF LIFE IN LOS ANGELES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTRAL CITY ASSOCIATION (CCA) WORKS TO ENSURE THAT THE INTEREST OF BUSINESSES ARE REPRESENTED IN THE DEVELOPMENT OF KEY LOCAL GOVERNMENT POLICIES BY: (1) INVITING KEY PUBLIC DECISION MAKERS TO SPEAK AT MONTHLY COMMITTEE MEETINGS AND LUNCHEONS; (2) TESTIFYING AT PUBLICHEARINGS; AND (3) MEETING INDIVIDUALLY WITH LOCAL PUBLIC POLICY OFFICIALS.


CCA PROMOTES DOWNTOWN LOS ANGELES THROUGH ITS ANNUAL MEETINGS AND OTHER EVENTS WHICH SPOTLIGHT THE BUSINESSES, RETAIL, CULTURAL FACILITIES AND PUBLIC PLACES DOWNTOWN. CCA'S ANNUAL MEETING, MONTHLY COMMITTEE MEETINGS, LUNCHEONS, AND OTHER EVENTS FACILITATE NETWORKING FOR OUR MEMBERS BY PROVIDING THEM WITH THE OPPORTUNITY TO MEET WITH OTHER BUSINESS PROFESSIONALS.


CCA FORMS A SPECIAL COMMITTEE OR TASK FORCE TO BORE DOWN INTO ESPECIALLY COMPLICATED ISSUES, SUCH AS THE FUTURE OF DOWNTOWN DEVELOPMENT, HOUSING PRODUCTION AND AFFORDABLE HOUSING, AND HOMELESSNESS. CCA CREATES PUBLICATIONS AND POSTS THEM ON THE WEBSITE FOR THE PUBLIC TO READ.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Golden Boy Wilshire Llc
Office Rental
$203,859
Studio Komorebi Llc
Event Planning
$184,500
J&m Events
Event Planning
$135,685
View All Vendors

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$1,757,819
Investment income $54,496
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $360,919
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,173,234

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central City Assoc Of Los Angeles has recieved totaling $10,000.

Awarding OrganizationAmount
Kaiser Foundation Health Plan Inc

Oakland, CA

PURPOSE: Cca Treasures 2022

$10,000
View Grant Recipient Profile

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