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Venice Beach Property Owners Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812967166 ✦ Venice, CA ✦ Designated as a 501(c)(6)

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Overview

What is Venice Beach Property Owners Association?

The Venice Beach Property Owners Association is a nonprofit organization situated in Venice, California, specifically at 1320 Pacific Avenue, 90291. Their primary mission is to manage a Property-Based Business Improvement District within the city of Los Angeles. This geographically defined area is funded through a special assessment levied upon all members within the district. The association's activities encompass administering clean, safe, and stakeholder communication programs to improve the visual appeal of the district. This is achieved by increasing the frequency of litter, debris, and graffiti removal. The Venice Beach Property Owners Association operates with a team of four dedicated individuals.


Official website here: www.venicebeachbid.com/

Is Venice Beach Property Owners Association legitimate?

Venice Beach Property Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Venice Beach Property Owners Association 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: $136,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,349

For more financial information, click here


Official website here: www.venicebeachbid.com/

What is the mission statement of Venice Beach Property Owners Association?

The Venice Beach Property Owners Association's mission is centered around managing a Business Improvement District, a geographically defined area within a city. Funding for the services, activities, and programs in this district is sourced through a special assessment levied on all members within the district. The primary objective of the association is to administer clean, safe, and stakeholder communication programs within this defined area. To achieve this, they implement maintenance programs aimed at enhancing the district's appearance by increasing the frequency of litter, debris, and graffiti removal.


Official website here: www.venicebeachbid.com/

Who is the CEO of Venice Beach Property Owners Association?

Connie Brooks is the Director of Venice Beach Property Owners Association.


Official website here: www.venicebeachbid.com/

What is the revenue of Venice Beach Property Owners Association?

Venice Beach Property Owners Association's revenue in 2022 was $2,096,822.


Official website here: www.venicebeachbid.com/

Who are the executives of Venice Beach Property Owners Association and what are their salaries?

The average compensation at Venice Beach Property Owners Association during 2022 was $49,546. There are 4 employees and 8 volunteers at Venice Beach Property Owners Association.


Here are 9 key members and their salaries:


Mark Sokol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Heumann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Weinstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Brooks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleni Polakoff (Executive Director)
  • Compensation: $130,583
  • Related: $0
  • Other: $6,251


Official website here: www.venicebeachbid.com/

Where can I find the form 990 for Venice Beach Property Owners Association?

Venice Beach Property Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.venicebeachbid.com/

Learn more at the official website: www.venicebeachbid.com/

Mission Statement of Venice Beach Property Owners Association

The Venice Beach Property Owners Association, in its mission, is responsible for administering clean, safe, and stakeholder communication programs within a specific section. This nonprofit organization operates by managing a Property-Based Business Improvement District, a geographically defined area within a city, where services, activities, and programs are funded through a special assessment paid by all members within the district.

To fulfill its mission, the Venice Beach Property Owners Association implements maintenance programs aimed at enhancing the appearance of the district. This is achieved by increasing the frequency of litter, debris, and graffiti removal, thereby contributing to a more aesthetically pleasing and safe environment for all stakeholders within the defined section. By doing so, the Venice Beach Property Owners Association works towards fostering a sense of community and improving the overall well-being of the area.

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Impact




October, 2024

The Venice Beach Property Owners Association plays a significant role in enhancing the environmental quality and community experience in Venice, CA. By managing a property-based business improvement district, the Association implements maintenance programs that specifically target the cleanliness and safety of the area. This includes increasing the frequency of litter, debris, and graffiti removal, which contributes to a more appealing and welcoming atmosphere for residents and visitors alike.

Additionally, the Association fosters stakeholder communication, ensuring that property owners are engaged and informed about developments and initiatives that affect their community. The funding for these services comes from a special assessment levied on members within the district, ensuring that the resources are directed towards maintaining and improving the neighborhood. Consequently, the Association not only beautifies the area but also strengthens the community ties among property owners, encouraging collaboration and a shared responsibility for the district's well-being.




This information is meant to be a general summary of Venice Beach Property Owners Association. 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.

Revenue
$2,096,822 (2022)
Expenses
$1,803,498 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,208
  • Program Service Revenue: $2,064,373
  • Gross Receipts: $2,096,822

Assets and Liabilities:

  • Total Assets: $1,575,210
  • Total Liabilities: $320,532
  • Net Assets: $1,254,678

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENT REVENUE

Revenue

$2,039,411

OTHER INCOME

Revenue

$24,962

Organization Details

Founding Year

2016

Principal Officer

Connie Brooks

Main Address

1320 PACIFIC AVENUE, VENICE, CA, 90291

NTEE Category

Code: S41 - Community improvement

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