DOWNTOWN LA PROPERTY OWNERS ASSOCIATION DBA LA FASHION DISTRICT BID

EIN: 954436255

LOS ANGELES, CA

Total Revenue
$6,741,760
Total Expenses
$6,868,688
Total Assets
$2,374,187
Net Assets
$1,436,961
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Phone
2134881153
Tax Period
2023-01-01 to 2023-12-31

DOWNTOWN LA PROPERTY OWNERS ASSOCIATION DBA LA FASHION DISTRICT BID, founded in 1993, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023.

Mission

The LA Fashion District Business Improvement District is dedicated to helping the community be a clean, safe and friendly place to work, shop, live and do business.

Program Service Accomplishments

Program 1
Expenses: $2,951,547

Clean Programs: Worked to keep the public right-of-way clean. Removed 2,374 tons of trash / Removed 12,692 graffiti tags and stickers / Removed 1,991 Bulky Items / Pressure-washed 26 million square...

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Clean Programs: Worked to keep the public right-of-way clean. Removed 2,374 tons of trash / Removed 12,692 graffiti tags and stickers / Removed 1,991 Bulky Items / Pressure-washed 26 million square feet of sidewalk. Performed the following public space improvements - painted parking meter poles and select bike racks / re-wrapped BID solar trash compactors / deployed new colorful trashcans / installed turf in two areas including dog waste disposal stations.

Program 2
Expenses: $1,685,247

Safe Programs: Provided an enhanced safety presence on the streets, patrolling on foot, bicycle and by vehicle seven days a week, 24 hours a day. Performed 159,224 location checks / Performed 57,811...

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Safe Programs: Provided an enhanced safety presence on the streets, patrolling on foot, bicycle and by vehicle seven days a week, 24 hours a day. Performed 159,224 location checks / Performed 57,811 contacts to assist merchants and visitors / Performed 558 welfare checks / Performed 3,048 responses to disorderly conduct / Performed 94 responses to fires in the district.

Program 3
Expenses: $844,435

Santee Alley Overlay: Parcels with footage fronting the Santee Alley received additional cleaning, security, and marketing services inside the Santee Alley as a separate overlay within the BID.

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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 (2023)

Revenue Breakdown

Contributions & Grants $149,764
Program Service Revenue $6,421,777
Investment Income $166,748
Other Revenue $3,471
TOTAL REVENUE $6,741,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $975,651
Fundraising Expenses $0
Program Expenses $6,868,688
Other Expenses $5,893,037
TOTAL EXPENSES $6,868,688

Year-over-Year Comparison

2023 2022 Change
Revenue $6,741,760 $6,494,593 +0.0%
Expenses $6,868,688 $6,774,138 +0.0%
Net Income $-126,928 $-279,545 -0.5%
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
15
Independent Members
15
Employees
9
Volunteers
15

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
5
$224,618
Total Directors
16
$224,618
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY RODRIGUEZ Executive Dir. 40.00
Officer Director
$210,000 $14,618 $224,618
IVAN VILLEGAS Operations Dir. 40.00
$134,000 $4,020 $138,020
JOSE GONZALEZ Finance Director 40.00
$114,000 $15,530 $129,530
LAURIE SALE Chair 1.00
Officer Director
$0 $0 $0
LAURIE ROSEN Vice Chair 1.00
Officer Director
$0 $0 $0
DIANE PAPPAS Treasurer 1.00
Officer Director
$0 $0 $0
MARGOT GARCIA Secretary 1.00
Officer Director
$0 $0 $0
KARA BARTELT Director 1.00
Director
$0 $0 $0
MARK CHATOFF Director 1.00
Director
$0 $0 $0
TOM KEEFER Director 1.00
Director
$0 $0 $0
ERIC KIM Director 1.00
Director
$0 $0 $0
STEVEN KIM Director 1.00
Director
$0 $0 $0
LISA KORBATOV Director 1.00
Director
$0 $0 $0
JESSICA LEWENSZTAIN Director 1.00
Director
$0 $0 $0
DEAN NUCICH Director 1.00
Director
$0 $0 $0
KAYHAN SHAKIB Director 1.00
Director
$0 $0 $0
BRIAN TABAN Director 1.00
Director
$0 $0 $0
SUZETTE WACHTEL Director 1.00
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
2024 No data No data No data No data
2023 $6,741,760 $6,868,688 $2,374,187 $-126,928
2023 $6,741,760 $6,868,688 $2,374,187 $-126,928
2022 $6,494,593 $6,774,138 $2,748,617 $-279,545
2021 $6,364,059 $6,296,172 $2,108,124 $67,887
2020 $6,186,174 $5,786,019 $1,964,268 $400,155
2019 $6,055,887 $5,828,538 $1,683,839 $227,349
2018 $4,305,776 $4,636,708 $1,328,989 $-330,932
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