Overview
What is North Hollywood Business Improvement District?
The North Hollywood Business Improvement District is a nonprofit organization situated in North Hollywood, California. Its mission is to foster the continuous growth and trendsetting nature of the district, serving as a hub for arts, culture, and commerce. Beyond the city's standard services, the district undertakes special projects to enhance the area's aesthetic appeal. Additionally, it offers safety programs to support local law enforcement, property owners, and tenants in their efforts to prevent crime. The district also maintains the district's sidewalks, removes graffiti, cleans sidewalks, eradicates weeds, removes paper signs and handbills, ensuring the area remains clean and well-maintained.
Is North Hollywood Business Improvement District legitimate?
North Hollywood Business Improvement District is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Hollywood Business Improvement District submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of North Hollywood Business Improvement District?
The North Hollywood Business Improvement District's mission is to facilitate the continuous improvement of a vibrant and trendsetting hub, focusing on arts, culture, and commerce. This involves developing, restoring, protecting, and maintaining the district area, while also leading the enhancement of the wider area as a flourishing center. The district takes initiatives beyond the city's provisions, undertaking special projects to enhance the district's appearance and providing additional services. These services include safety programs to support law enforcement, property owners, and tenants in crime prevention efforts, as well as maintaining sidewalks, removing graffiti, and managing litter.
Who is the CEO of North Hollywood Business Improvement District?
Al Siegel is the Treasurer of North Hollywood Business Improvement District.
What is the revenue of North Hollywood Business Improvement District?
North Hollywood Business Improvement District's revenue in 2022 was $738,264.
Who are the executives of North Hollywood Business Improvement District and what are their salaries?
There 6 volunteers at North Hollywood Business Improvement District.
Here are 10 key members and their salaries:
- Compensation: $78,000
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Where can I find the form 990 for North Hollywood Business Improvement District?
North Hollywood Business Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Hollywood Business Improvement District
The North Hollywood Business Improvement District is committed to advancing the continuous improvement of its district, transforming it into a thriving, innovative hub. Its mission encompasses developing, restoring, protecting, and maintaining the district area, while simultaneously championing the ongoing enhancement of North Hollywood as a flourishing and trendsetting center for arts, culture, and commerce. Beyond the city's existing provisions, the district undertakes additional projects to augment the district's aesthetics, such as special initiatives aimed at beautifying the area. Furthermore, the North Hollywood Business Improvement District supports safety programs to collaborate with law enforcement, property owners, and tenants in their endeavors to prevent crime. In addition, the district manages tasks like sidewalk and alley maintenance, graffiti removal, pressure washing, weed abatement, paper sign and handbill elimination, to name a few, ensuring the district remains clean and well-maintained.
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Impact
October, 2024
The North Hollywood Business Improvement District (BID) plays a vital role in enhancing the area as a dynamic hub for arts, culture, and commerce. It leads initiatives focused on beautification and maintenance, implementing special projects that surpass city-provided services. These efforts include sidewalk and alley upkeep, graffiti removal, and pressure washing, contributing to a more inviting environment for residents and visitors alike.
Furthermore, the BID actively addresses safety concerns by supporting police and property owners with crime prevention programs. This proactive approach fosters a sense of security, encouraging businesses and tenants to thrive. Overall, the North Hollywood BID significantly contributes to the district's development, restoration, and continual enhancement, making it a trendsetting center that attracts diverse communities and visitors.
This information is meant to be a general summary of North Hollywood Business Improvement District. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18
- Program Service Revenue: $670,349
- Gross Receipts: $738,264
Assets and Liabilities:
- Total Assets: $83,055
- Total Liabilities: $47,179
- Net Assets: $35,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$668,942
PENALTIES AND INTEREST
Revenue
$1,407
Organization Details
Founding Year
2007
Phone
(818) 849-1089Principal Officer
Al Siegel
Main Address
5026 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA, 91601
NTEE Category
Code: S41 - Community improvement
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