BEL AIR HOMEOWNERS ALLIANCE

EIN: 470971573 Public & Societal Benefit

BEVERLY HILLS, CA

Total Revenue
$12,500
Total Expenses
$133,715
Total Assets
$17,919
Net Assets
$17,919
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Phone
3104053094
Tax Period
2018-01-01 to 2018-12-31

BEL AIR HOMEOWNERS ALLIANCE, founded in 2014, is a micro nonprofit in the Public & Societal Benefit sector that reported $12K in total revenue in fiscal year 2018. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 970% operating deficit.

Mission

The mission of the Bel Air Homeowners Alliance (the Alliance) is to ensure the safety and security of Bel Air residents by advocating responsible land use development, and protecting the enjoyment of home ownership and property values. The Alliance is dedicated to the pursuit of this mission through proactive advocacy and communications with government officials, developers, homeowners, the media, and neighboring organizations.

Program Service Accomplishments

Program 1
Expenses: $126,029

Key examples of Alliance achievements, directly through advocacy of Alliance officers and directors or indirectly via its retained lawyers, lobbyists, and land use/environmental experts, include: (1)...

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Key examples of Alliance achievements, directly through advocacy of Alliance officers and directors or indirectly via its retained lawyers, lobbyists, and land use/environmental experts, include: (1) Working with Los Angeles City Council District 5, the Los Angeles Planning Department, and community stakeholders to obtain a special Bel-Air Overlay Zone with tailored work rules and limitations on home development projects; (2) An Interim Control Ordinance limiting earth export for each new construction project in Bel Air to 6,000 cubic yards (vis a vis no limits before); (3) Focus by the LA Dept. of Building and Safety on the cumulative effect of granted haul routes, whereas before hauling permits were granted on a one-off basis with no regard for the overall cumulative effect of the thousands of truck trips permitted; (4) The one truck at a time in Bel Air rule, along with additional safety precautions such as multiple flag personnel and other conditions;(5) Assistance in advocating for the stop work orders and ongoing intense investigation of the permit violations on the 901 Strada Vecchia project; (6) The placement of three Alliance representatives on the Board of the Bel Air Beverly Crest Neighborhood Council and its Planning and Land Use Committee to be proactive in addressing the mission of the Alliance; (7) The increased focus of law enforcement officials on building and trucking inspections and compliance;(8) Creating a presence in the community leading to the motivation of many developers, such as the Tortuoso property project management (three large homes on a 10.5 acre tract requiring the removal of 50,000 cubic yards of dirt with each home expected to be marketed at a price exceeding $85M), to work constructively with our Alliance to mitigate adverse impacts of their construction activities in our community; (9) Superb local and national media coverage of our Alliance concerns and the need for remedial action; (10) Solving community problems by working with appropriate city agencies to solve specific street issues, traffic matters (such as Perugia Way) and obtaining appropriate signage for certain streets; and preventing hauling trucks from staging on Stone Canyon Road; and (11) Supporting our neighbors in hearings and legal proceedings in their efforts to oppose the granting of egregious development variances including the use of Section 245 by Los Angeles City Council to overcome planning department opposition to the 360 Stone Canyon Road mansion.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $12,500
TOTAL REVENUE $12,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,029
Other Expenses $133,715
TOTAL EXPENSES $133,715

Year-over-Year Comparison

2018 2017 Change
Revenue $12,500 $42,500 -0.7%
Expenses $133,715 $138,970 0.0%
Net Income $-121,215 $-96,470 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FREDRIC ROSEN President & CEO 20.00
Officer Director
$0 $0 $0
JAMIE ELIZABETH MEYER Secretary 20.00
Officer Director
$0 $0 $0
DANIEL J LOVE CFO/Treasurer 20.00
Officer Director
$0 $0 $0
MARCIA HOBBS Director 20.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $12,500 $133,715 $17,919 $-121,215
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