HOLLYWOOD MUNICIPAL EMPLOYEES LOCA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

BOGDAN CORSOVIC

Phone

9543811519

Tax Period

2025-01-01 to 2025-12-31

HOLLYWOOD MUNICIPAL EMPLOYEES LOCAL AFSCME, founded in 1974, is a small nonprofit that reported $380K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year.

Mission

THE SOURCES OF INCOME ALLOW THE LABOR ORGANIZATION TO REPRESENT AND ADVISE ITS MEMBERS REGARDING LABOR/MANAGEMENT ISSUES.

Program Service Accomplishments

Program 1

N/A

Program 2

N/A

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $374,778

Program Service Revenue $0

Investment Income $4,919

Other Revenue $0

TOTAL REVENUE $379,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,132

Fundraising Expenses $0

Other Expenses $275,022

TOTAL EXPENSES $409,154

Year-over-Year Comparison

	2025	2024	Change
Revenue	$379,697	$416,375	-0.1%
Expenses	$409,154	$392,127	+0.0%
Net Income	$-29,457	$24,248	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

$62,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	4.00		$0	$0	$0
N/A	TRUSTEE	4.00		$0	$0	$0
N/A	TRUSTEE	4.00		$0	$0	$0
BOGDAN CORSOVIC	PRESIDENT	8.00	Officer	$30,000	$0	$30,000
AMEER KHAN	VICE-PRESIDENT	8.00	Officer	$12,600	$0	$12,600
DAMARIUS MUNOZ	TREASURER	8.00	Officer	$9,000	$0	$9,000
MARJORIE READON	SECRETARY	8.00	Officer	$1,200	$0	$1,200
OCTAVIUS HANDY	EXECUTIVE BOARD MEMBER/GEN	4.00	Officer	$0	$0	$0
CHRISTOPHER ROPER	EXECUTIVE BOARD MEMBER/GEN	4.00	Officer	$3,600	$0	$3,600
JOCELYN HOLLIS	EXECUTIVE BOARD MEMBER/PRO	4.00	Officer	$900	$0	$900
GINAH JOSEPH	EXECUTIVE BOARD MEMBER/SUP	4.00	Officer	$1,350	$0	$1,350
RAMO KLINE	EXECUTIVE BOARD MEMBER/AT-	4.00	Officer	$3,600	$0	$3,600

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
2025	$379,697	$409,154	$344,162	$-29,457
2024	$416,375	$392,127	$371,432	$24,248
2023	$366,351	$333,862	$345,324	$32,489
2022	$333,733	$316,991	$310,363	$16,742
2021	$343,780	$341,338	$296,098	$2,442
2020	$339,064	$286,300	$294,001	$52,764
2019	$328,812	$314,526	$241,158	$14,286
2018	$325,111	$350,476	$224,166	$-25,365

HOLLYWOOD MUNICIPAL EMPLOYEES LOCAL AFSCME