Downtown Los Angeles Property Owners Association is located in Los Angeles, CA. The organization was established in 1994. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Downtown Los Angeles Property Owners Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Los Angeles Property Owners Association 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 12/2023, Downtown Los Angeles Property Owners Association generated $6.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $6.9m during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A BUSINESS IMPROVEMENT DISTRICT DEDICATED TO HELP THE COMMUNITY (THE LA FASHION DISTRICT) TO BE A CLEAN, SAFE AND FRIENDLY PLACE TO WORK, SHOP, LIVE AND DO BUSINESS THROUGH CLEANING, SAFETY AND MARKETING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEAN PROGRAMS: WORKED TO KEEP THE PUBLIC RIGHT-OF-WAY CLEAN. REMOVED 2,374 TONS OF TRASH / REMOVED 12,692 GRAFFITI TAGS AND STICKERS / REMOVED 1,991 BULKY ITEMS / PRESSURE-WASHED 26 MILLION SQUARE FEET OF SIDEWALK. PERFORMED THE FOLLOWING PUBLIC SPACE IMPROVEMENTS - PAINTED PARKING METER POLES AND SELECT BIKE RACKS / RE-WRAPPED BID SOLAR TRASH COMPACTORS / DEPLOYED NEW COLORFUL TRASHCANS / INSTALLED TURF IN TWO AREAS INCLUDING DOG WASTE DISPOSAL.
CLEAN PROGRAMS: WORKED TO KEEP THE PUBLIC RIGHT-OF-WAY CLEAN. REMOVED 2,374 TONS OF TRASH / REMOVED 12,692 GRAFFITI TAGS AND STICKERS / REMOVED 1,991 BULKY ITEMS / PRESSURE-WASHED 26 MILLION SQUARE FEET OF SIDEWALK. PERFORMED THE FOLLOWING PUBLIC SPACE IMPROVEMENTS - PAINTED PARKING METER POLES AND SELECT BIKE RACKS / RE-WRAPPED BID SOLAR TRASH COMPACTORS / DEPLOYED NEW COLORFUL TRASHCANS / INSTALLED TURF IN TWO AREAS INCLUDING DOG WASTE DISPOSAL STATIONS.
SAFE PROGRAMS: PROVIDED AN ENHANCED SAFETY PRESENCE ON THE STREETS, PATROLLING ON FOOT, BICYCLE AND BY VEHICLE SEVEN DAYS A WEEK, 24 HOURS A DAY. PERFORMED 159,224 LOCATION CHECKS / PERFORMED 57,811 CONTACTS TO ASSIST MERCHANTS AND VISITORS / PERFORMED 558 WELFARE CHECKS / PERFORMED 3,048 RESPONSES TO DISORDERLY CONDUCT / PERFORMED 94 RESPONSES TO FIRES IN THE DISTRICT.
SAFE PROGRAMS: PROVIDED AN ENHANCED SAFETY PRESENCE ON THE STREETS, PATROLLING ON FOOT, BICYCLE AND BY VEHICLE SEVEN DAYS A WEEK, 24 HOURS A DAY. PERFORMED 159,224 LOCATION CHECKS / PERFORMED 57,811 CONTACTS TO ASSIST MERCHANTS AND VISITORS / PERFORMED 558 WELFARE CHECKS / PERFORMED 3,048 RESPONSES TO DISORDERLY CONDUCT / PERFORMED 94 RESPONSES TO FIRES IN THE DISTRICT.
SANTEE ALLEY OVERLAY: $ 844,435PARCELS WITH FOOTAGE FRONTING THE SANTEE ALLEY RECEIVED ADDITIONAL CLEANING, SECURITY, AND MARKETING SERVICES INSIDE THE SANTEE ALLEY AS A SEPARATE OVERLAY WITHIN THE BID.
SANTEE ALLEY OVERLAY: PARCELS WITH FOOTAGE FRONTING THE SANTEE ALLEY RECEIVED ADDITIONAL CLEANING, SECURITY, AND MARKETING SERVICES INSIDE THE SANTEE ALLEY AS A SEPARATE OVERLAY WITHIN THE BID.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Rodriguez Executive Dir. | OfficerTrustee | 40 | $210,000 |
Ivan Villegas Operations Dir. | 40 | $134,000 | |
Jose Gonzalez Finance Director | 40 | $114,000 | |
Laurie Sale Chair | OfficerTrustee | 1 | $0 |
Laurie Rosen Vice Chair | OfficerTrustee | 1 | $0 |
Diane Pappas Treasurer | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Century Maintenance Group Inc Cleaning | 12/30/23 | $2,676,678 |
Allied Universal Security Services Safety | 12/30/23 | $1,337,842 |
Century Maintenance Group Inc Cleaning | 12/30/23 | $2,676,678 |
Allied Universal Security Services Safety | 12/30/23 | $1,337,842 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $148,764 |
All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $149,764 |
Total Program Service Revenue | $6,421,777 |
Investment income | $125,435 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $41,313 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,741,760 |
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. | $224,618 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $614,643 |
Pension plan accruals and contributions | $18,329 |
Other employee benefits | $56,574 |
Payroll taxes | $61,487 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,155 |
Fees for services: Accounting | $8,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $95,549 |
Advertising and promotion | $89,686 |
Office expenses | $53,549 |
Information technology | $119,225 |
Royalties | $0 |
Occupancy | $217,243 |
Travel | $12,489 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $19,571 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $88,727 |
Insurance | $102,478 |
All other expenses | $0 |
Total functional expenses | $6,868,688 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $87,862 |
Savings and temporary cash investments | $1,412,029 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $48,439 |
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 | $117,404 |
Net Land, buildings, and equipment | $167,740 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $540,713 |
Total assets | $2,374,187 |
Accounts payable and accrued expenses | $348,338 |
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 | $588,888 |
Total liabilities | $937,226 |
Net assets without donor restrictions | $1,436,961 |
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 | $2,374,187 |