Hollywood Property Owners Alliance
- Assets
- $2.1m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Hollywood, CA
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 95-4606651
Organization Overview
Hollywood Property Owners Alliance is located in Hollywood, CA. The organization was established in 1997. 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 12/2021, Hollywood Property Owners Alliance employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Property Owners Alliance 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, Hollywood Property Owners Alliance generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $7.4m during the year ending 12/2021. While expenses have increased by 9.9% 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
TO MANAGE PROGRAMS, ACTIVITIES AND CONTRACTS TO PROMOTE COMMUNITY REVITALIZATION, STREETSCAPE IMPROVEMENTS AND PUBLIC SAFETY FOR THE PROPERTY OWNERS IN HOLLYWOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PUBLIC SAFETY AND SECURITY ACTIVITIES ARE INTENDED TO SPECIFICALLY BENEFIT THE PROPERTY OWNERS WHO FUND THE BUSINESS IMPROVEMENT DISTRICT. THE ORGANIZATION FUNDED PRIVATE SECURITY PATROLS TO PATROL THE DISTRICT. THE SECURITY SERVICES PROVIDE ARMED AND UNARMED PATROLS FOR AN AVERAGE OF 14 HOURS PER DAY, SEVEN DAYS PER WEEK. THEY ALSO COLLABORATE WITH LAPD, PRIVATE SECURITY COMPANIES, AND OTHER CITY SERVICES TO IMPROVE THE OVERALL PERCEPTION AND REALITY OF SAFETY IN HOLLYWOOD. OTHER PUBLIC SAFETY PROGRAMS INCLUDE THE PURCHASE/DONATION OF VIDEO SURVEILLANCE CAMERAS FOR USE BY THE LAPD, AND HOMELESS OUTREACH EFFORTS AND SUPPORT OF LOCAL HOMELESS SERVICES.
THE ORGANIZATION'S MAINTENANCE ACTIVITIES ARE INTENDED TO SPECIFICALLY BENEFIT THE PROPERTY OWNERS WHO FUND THE BUSINESS IMPROVEMENT DISTRICT. THE ORGANIZATION CONTRACTS WITH VENDORS TO SWEEP THE STREETS, WASH SIDEWALKS, REMOVE GRAFFITI AND EMPTY TRASH.
THE ORGANIZATION'S LANDSCAPE AND STREETSCAPE ACTIVITIES ARE INTENDED TO SPECIFICALLY BENEFIT THE PROPERTY OWNERS WHO FUND THE BUSINESS IMPROVEMENT DISTRICT. THE ORGANIZATION CONTRACTS WITH VENDORS TO TRIM TREES AND UNDERTAKE SPECIAL LANDSCAPE AND BEAUTIFICATION PROJECTS AND PURCHASES OF STREET FURNITURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristopher M Larson CEO | 40 | $203,021 | |
Ruben E Lechuga VP Urban Plan Mgmt | 40 | $161,079 | |
Drew Planting Chair | OfficerTrustee | 2 | $0 |
Tony Zimbardi Secretary | OfficerTrustee | 2 | $0 |
Katie Zandona Vice Chair | OfficerTrustee | 2 | $0 |
David Green Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andrews Global Security Inc Security Services | 12/30/21 | $2,433,348 |
Mydatt Services Inc Hospitality Services | 12/30/21 | $831,958 |
Clean Street Maintenance Services | 12/30/21 | $2,082,254 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $246,151 |
| 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 | $246,151 |
| Total Program Service Revenue | $7,270,986 |
| Investment income | $364 |
| 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 | $7,517,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,204 |
| 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. | $364,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $494,509 |
| Pension plan accruals and contributions | $24,017 |
| Other employee benefits | $52,816 |
| Payroll taxes | $64,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,933 |
| Fees for services: Accounting | $84,249 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $263,850 |
| Office expenses | $56,214 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,176 |
| Travel | $227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,137 |
| Interest | $3,067 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,597 |
| Insurance | $71,003 |
| All other expenses | $257,503 |
| Total functional expenses | $7,362,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,668,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $318,820 |
| 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 | $65,301 |
| Net Land, buildings, and equipment | $3,192 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,055,507 |
| Accounts payable and accrued expenses | $493,411 |
| 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 | $0 |
| Total liabilities | $493,411 |
| Net assets without donor restrictions | $1,562,096 |
| 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 | $2,055,507 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rancho Mission Viejo Master Maintenance Corporation Irvine, CA | $7,819,802 | $13,243,301 |
Talega Maintenance Corporation Irvine, CA | $18,261,600 | $10,092,285 |
Sunriver Owners Association Sunriver, OR | $34,928,405 | $11,186,087 |
Aliso Viejo Community Association Aliso Viejo, CA | $20,603,634 | $8,715,124 |
Sun City Roseville Community Association Inc Roseville, CA | $48,765,899 | $12,073,404 |
Mililani Town Association Mililani, HI | $29,321,286 | $8,505,958 |
Summerlin South Community Association Las Vegas, NV | $6,398,781 | $8,171,493 |
Bear Valley Springs Association Tehachapi, CA | $8,163,399 | $7,448,975 |
Dc Ranch Association Inc Scottsdale, AZ | $11,452,331 | $8,727,546 |
Hollywood Property Owners Alliance Hollywood, CA | $2,055,507 | $7,517,501 |
Tahoe Keys Property Owners Association South Lake Tahoe, CA | $11,789,657 | $8,910,347 |
Johnson Ranch Community Association Inc Scottsdale, AZ | $8,421,000 | $6,968,596 |