Hollywood Media District Properties Owners Association
- Assets
- $82.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Los Angeles, CA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 95-4779871
Organization Overview
Hollywood Media District Properties Owners Association is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Media District Properties Owners Association 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 12/2023, Hollywood Media District Properties Owners Association generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 3.7% 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 PROMOTION AND IMPROVEMENT OF THE HOLLYWOOD MEDIA DISTRICT IN LOS ANGELES, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOLLYWOOD MEDIA BIDS PUBLIC SAFETY AND SECURITY ACTIVITIES BENEFIT THE PROPERTY OWNERS WHO FUND THESE SERVICES THROUGH THEIR ASSESSMENTS. THE BIDS SAFETY PATROL, UNIFORMED NEON YELLOW, TOUR THE DISTRICT BY CAR, BIKE AND FOOT TO PROVIDE PEDESTRIAN AND VISITOR INFORMATION, MERCHANT VISITS, VEHICULAR ASSISTANCE, HOMELESS OUTREACH AND ACT AS EXTRA SAFETY PATROL OFFICER TO SUPPORT THE LOS ANGELES POLICE DEPARTMENT.
THE HOLLYWOOD MEDIA DISTRICT BIDS MAINTENANCE ACTIVITIES BENEFIT THE PROPERTY OWNERS WHO FUND THESE SERVICES THROUGH THEIR ASSESSMENTS. THE BID KEEPS THE DISTRICTS ENVIRONMENT CLEAN BY CONTRACTING WITH THIRD PARTY VENDORS TO SWEEP THE STREETS, POWER-WASH SIDEWALKS AND BENCHES, REMOVE GRAFFITI AND EMPTY TRASH CANS. IN ADDITION, THE MEDIA DISTRICT HIRES THIRD PARTIES TO TRIM TREES, PULL WEEDS, AND COMPLETE SPECIAL LANDSCAPE/BEAUTIFICATION PROJECTS. THE BID PURCHASES STREET FURNITURE AND TRASH RECEPTACLES TO IMPROVE THE COMFORT AND CLEANLINESS OF THE DISTRICT.
THE HOLLYWOOD MEDIA DISTRICT BID PROMOTES THE DISTRICTS AMENITIES AND ACTIVITIES THROUGH A WEBSITE, SOCIAL MEDIA, NEWSLETTERS, COMMUNICATIONS AND SPECIAL MARKETING ACTIVITIES INCLUDING THE ANNUAL STAKEHOLDERS MEETING. IN ADDITION, THE BID ENCOURAGES THE DISTRICTS NONPROFIT COMMUNITY TO APPLY FOR OUR NONPROFIT PURPOSE GRANTS (NPG) TO SUPPORT THEIR WORK. BID STAKEHOLDERS ARE INVITED TO PARTICIPATE AT THE BOARD MEETINGS AND ALL MONTHLY COMMITTEE MEETINGS. THE BOARD COMMITTEES ARE: CLEAN & GREEN, PLANNING AND LAND USE MANAGEMENT, FINANCE, EXECUTIVE, MARKETING, ARTS, SAFE, AND NOMINATING BOARD DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianna Eisenberg Executive Dir. | OfficerTrustee | 40 | $150,000 |
Miguel Padilla President | OfficerTrustee | 5 | $0 |
Jeffey Luster Imm Past Pres | OfficerTrustee | 5 | $0 |
Jackson Brissette Vice President | OfficerTrustee | 5 | $0 |
Anita Saraki Vice President | OfficerTrustee | 5 | $0 |
David Bass Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ags Pro Inc Security | 12/30/23 | $495,831 |
Sweeping Corp Of America Sca Street Maintenance | 12/30/23 | $371,102 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,647 |
| 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 | $33,647 |
| Total Program Service Revenue | $1,173,877 |
| Investment income | $5,465 |
| 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 | $1,212,989 |
| 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. | $150,000 |
| Compensation of current officers, directors, key employees. | $37,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,381 |
| Payroll taxes | $11,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,392 |
| Fees for services: Accounting | $20,138 |
| 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 | $57,092 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,559 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $28,557 |
| All other expenses | $49,802 |
| Total functional expenses | $1,422,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,341 |
| Total assets | $82,889 |
| Accounts payable and accrued expenses | $151,160 |
| 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 | $151,160 |
| Net assets without donor restrictions | -$68,271 |
| 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 | $82,889 |