HOLLYWOOD CHAMBER OF COMMERCE COMMUNITY FOUNDATION

EIN: 954557923 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
$119,208
Total Expenses
$24,006
Total Assets
$159,995
Net Assets
$135,995
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Principal Officer
STEVEN NISSEN
Phone
3234698311
Tax Period
2024-04-01 to 2025-03-31

HOLLYWOOD CHAMBER OF COMMERCE COMMUNITY FOUNDATION, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $119K in total revenue in fiscal year 2024. Revenue surged 456% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 80% operating margin.

Mission

TO PURSUE A VISION OF AN ENGAGED, THRIVING, AND DYNAMIC HOLLYWOOD, MOBILIZING OUR COMMUNITY TO ENRICH CULTURAL, SOCIAL, AND CIVIC LIFE IN HOLLYWOOD.

Program Service Accomplishments

Program 1
Expenses: $24,006

THE FOUNDATION ACHIEVES ITS VISION BY AWARDING GRANTS TO CHARITIES THAT DIRECTLY BENEFIT MEMBERS OF THE HOLLYWOOD COMMUNITY.

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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 $119,208
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $119,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,006
Other Expenses $24,006
TOTAL EXPENSES $24,006

Year-over-Year Comparison

2024 2023 Change
Revenue $119,208 $21,440 +4.6%
Expenses $24,006 $76,820 -0.7%
Net Income $95,202 $-55,380 -2.7%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
16
Independent Members
15
Employees
N/A
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
$381,831
Total Directors
16
$381,831
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN NISSEN PRESIDENT & CEO 1.00
Officer Director
$0 $2,000 $381,831
MATT FRITCH 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
SARAH ZURELL HCC BOARD CHAIR 1.00
Officer Director
$0 $0 $0
GEORGE BAKER DIRECTOR 1.00
Director
$0 $0 $0
CRAIG C DARIAN DIRECTOR 1.00
Director
$0 $0 $0
MARK ECHEVERRIA DIRECTOR 1.00
Director
$0 $0 $0
JOHN GILE DIRECTOR 1.00
Director
$0 $0 $0
ROLANDO GOMEZ DIRECTOR 1.00
Director
$0 $0 $0
DR FARIBA KALANTARI DIRECTOR 1.00
Director
$0 $0 $0
NICOLE MIHALKA DIRECTOR 1.00
Director
$0 $0 $0
RICHARD PINK DIRECTOR 1.00
Director
$0 $0 $0
LEA SANDOVAL DIRECTOR 1.00
Director
$0 $0 $0
MARTY SHELTON DIRECTOR 1.00
Director
$0 $0 $0
LEE WOCHNER 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
2025 $119,208 $24,006 $159,995 $95,202
2024 $21,440 $76,820 $40,793 $-55,380
2023 $95,774 $47,134 $439,932 $48,640
2022 $46,215 $81,144 $131,008 $-34,929
2021 $103,980 $71,352 $92,788 $32,628
2020 $44,808 $41,109 $43,834 $3,699
2019 $67,642 $51,178 $40,135 $16,464
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