BEVERLYWOOD HOMES ASSOCIATION C/O FIRSTSERVICE RESIDENTIAL

EIN: 950549236 Community Improvement

BEVERLY HILLS, CA

Total Revenue
$1,355,749
Total Expenses
$1,398,957
Total Assets
$2,317,096
Net Assets
$1,659,468
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
CA
Principal Officer
CHARLES SHAMASH
Phone
3102763463
Tax Period
2024-07-01 to 2025-06-30

BEVERLYWOOD HOMES ASSOCIATION C/O FIRSTSERVICE RESIDENTIAL, founded in 1940, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT ANDSOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN LOS ANGELES, CALIF.AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE POPULATION OF THE ASSOCIATION IS APPROXIMATELY 3,500. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND MAINTAINS A SMALL PARK AREA WITHIN THE COMMUNITY. THIS AREA IS AVAILABLE TO RESIDENTS AND THEIR GUESTS IN ACCORDANCE WITH THE ASSOCIATION'S GOVERNING DOCUMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,161,921
Program Service Revenue $0
Investment Income $57,125
Other Revenue $136,703
TOTAL REVENUE $1,355,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,134,353
Other Expenses $1,398,957
TOTAL EXPENSES $1,398,957

Year-over-Year Comparison

2024 2023 Change
Revenue $1,355,749 $1,285,221 +0.1%
Expenses $1,398,957 $1,189,322 +0.2%
Net Income $-43,208 $95,899 -1.5%
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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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIANA MOLLICA PRESIDENT 2.00
Director
$0 $0 $0
LISA VIDIKAN VICE PRESIDENT 2.00
Director
$0 $0 $0
CHARLES SHAMASH TREASURER 2.00
Director
$0 $0 $0
NINA CHEA SECRETARY 2.00
Director
$0 $0 $0
BRUCE GILMAN MEMBER 2.00
Director
$0 $0 $0
MARCI SANDELL MEMBER 2.00
Director
$0 $0 $0
DAVID YADEGAR MEMBER 2.00
Director
$0 $0 $0
SHORAM ZACKARY MEMBER 2.00
Director
$0 $0 $0
VICTORIA FRANKEL MEMBER 2.00
Director
$0 $0 $0
SOPHIE MELAMED MEMBER 2.00
Director
$0 $0 $0
AARON SPIWAK MEMBER 2.00
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
2025 $1,355,749 $1,398,957 $2,317,096 $-43,208
2024 $1,285,221 $1,189,322 $2,267,881 $95,899
2023 $1,416,389 $1,338,949 $2,298,110 $77,440
2022 $1,237,017 $1,412,067 $2,271,845 $-175,050
2021 $1,870,902 $1,559,072 $2,478,164 $311,830
2020 $1,327,954 $1,227,948 $2,402,562 $100,006
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