HOLLYWOOD CHAMBER OF COMMERCE

EIN: 950838840

LOS ANGELES, CA

Total Revenue
$3,208,021
Total Expenses
$3,389,431
Total Assets
$4,721,313
Net Assets
$2,003,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
CA
Principal Officer
STEVEN NISSEN
Phone
3234698311
Tax Period
2024-04-01 to 2025-03-31

HOLLYWOOD CHAMBER OF COMMERCE, founded in 1921, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE CHAMBER'S MISSION IS TO ADVANCE A DINANMIC BUSINESS CLIMATE AND ELEVATE THE HOLLYWOOD EXPERIENCE FOR ALL. TO ACCOMPLISH THIS MISSION THE CHAMBER WILL ACT AT THE LOCAL, STATE AND FEDERAL LEVELS OF GOVERNMENT TO DEVELOP AND SUPPORT SPECIFIC PROPOSALS FOR ACTION, AND OPPOSE LEGISLATIVE AND REGULATORY EFFORTS THAT DO NOT SUPPORT THIS PRINCIPLES.

Program Service Accomplishments

Program 1
Expenses: $493,581

LICENSING OF HOLLYWOOD ICONS: THE HOLLYWOOD SIGN AND THE HOLLYWOOD WALK OF FAME, TO ELEVATE THE HOLLYWOOD BRAND AND EXPERIENCE.

Program 2
Expenses: $670,194

THE CHAMBER INDUCTS CELEBRITIES INTO THE HOLLYWOOD WALK OF FAME. CREATED AS A MARKETING ATTRACTION FOR THE COMMUNITY, IT HAS BECOME AN ECONOMIC ENGINE FOR THE REGION AND A HISTORIC LANDMARK THAT...

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THE CHAMBER INDUCTS CELEBRITIES INTO THE HOLLYWOOD WALK OF FAME. CREATED AS A MARKETING ATTRACTION FOR THE COMMUNITY, IT HAS BECOME AN ECONOMIC ENGINE FOR THE REGION AND A HISTORIC LANDMARK THAT ATRACTS MILLIONS OF TOURISTS TO HOLLYWOOD EACH YEAR.

Program 3
Expenses: $1,272,369

SPECIAL EVENTS TO PROMOTE HOLLYWOOD.

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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 $405,139
Program Service Revenue $2,710,258
Investment Income $92,624
Other Revenue $0
TOTAL REVENUE $3,208,021

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,532,048
Fundraising Expenses $0
Program Expenses $2,436,144
Other Expenses $1,857,383
TOTAL EXPENSES $3,389,431

Year-over-Year Comparison

2024 2023 Change
Revenue $3,208,021 $3,484,272 -0.1%
Expenses $3,389,431 $3,535,033 0.0%
Net Income $-181,410 $-50,761 +2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
34
Independent Members
33
Employees
13
Volunteers
33

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
10
$381,831
Total Directors
34
$381,831
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN NISSEN PRESIDENT & CEO 40.00
Officer Director
$379,831 $2,000 $381,831
SARAH ZURELL CHAIR 1.00
Officer Director
$0 $0 $0
JERALD NEUMAN SENIOR VICE CHAIR 1.00
Officer Director
$0 $0 $0
MATT FRITCH PAST CHAIR 1.00
Officer Director
$0 $0 $0
LONDON KEMP-BOYKIN SECRETARY 1.00
Officer Director
$0 $0 $0
GLORIA DOMINGUEZ TREASURER 1.00
Officer Director
$0 $0 $0
VAUGHN DAVIS VICE CHAIR 1.00
Officer Director
$0 $0 $0
YVETTE ESTRADA VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAMELA MARCELLO VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID SIMON VICE CHAIR 1.00
Officer Director
$0 $0 $0
DEBRA BORDEAUX DIRECTOR 1.00
Director
$0 $0 $0
ILYSHA BUSS DIRECTOR 1.00
Director
$0 $0 $0
KOBI DANAN DIRECTOR 1.00
Director
$0 $0 $0
MARK ECHEVERRIA DIRECTOR 1.00
Director
$0 $0 $0
BRIAN FOLB DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GARGANO DIRECTOR 1.00
Director
$0 $0 $0
JOHN GILE DIRECTOR 1.00
Director
$0 $0 $0
RAY HAHN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD HOWARD DIRECTOR 1.00
Director
$0 $0 $0
BELINDA JACOBS DIRECTOR 1.00
Director
$0 $0 $0
GISSELLE KELLEY DIRECTOR 1.00
Director
$0 $0 $0
MAIREAD LAWRENSON DIRECTOR 1.00
Director
$0 $0 $0
DAN LEE DIRECTOR 1.00
Director
$0 $0 $0
JEFF LOEB DIRECTOR 1.00
Director
$0 $0 $0
JACKIE LUCERO DIRECTOR 1.00
Director
$0 $0 $0
BOB LUTERBACH DIRECTOR 1.00
Director
$0 $0 $0
OTTO PADRON DIRECTOR 1.00
Director
$0 $0 $0
RICHARD PINK DIRECTOR 1.00
Director
$0 $0 $0
AMONDO REDMOND DIRECTOR 1.00
Director
$0 $0 $0
NICK RIMEDIO DIRECTOR 1.00
Director
$0 $0 $0
LUPITA SANCHEZ CORNEJO DIRECTOR 1.00
Director
$0 $0 $0
LEA SANDOVAL DIRECTOR 1.00
Director
$0 $0 $0
JAMIE YOO DIRECTOR 1.00
Director
$0 $0 $0
ELLEN ZAMAN DIRECTOR 1.00
Director
$0 $0 $0
KAYLEE KIECKER EXECUTIVE VICE PRESIDENT 40.00
Highest
$150,143 $5,998 $156,141
ANA MARTINEZ-HOLLER VP MEDIA/TALENT RELATIONS 40.00
Highest
$143,289 $2,246 $145,535
AARON TAXY VP GOVERNMENT AFFAIRS 40.00
Highest
$147,469 $2,901 $150,370
DYLAN KENDALL VP BRANDING STRATEGY 40.00
Highest
$119,948 $0 $119,948
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 $3,208,021 $3,389,431 $4,721,313 $-181,410
2024 $3,484,272 $3,535,033 $5,185,338 $-50,761
2023 $3,252,377 $3,480,316 $4,896,644 $-227,939
2022 $2,872,151 $3,141,591 $4,305,794 $-269,440
2021 $2,475,333 $2,403,373 $4,045,766 $71,960
2020 $2,866,900 $2,815,999 $3,386,390 $50,901
2019 $2,833,024 $2,520,494 $3,550,630 $312,530
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