Overview
What is Hollywood Chamber Of Commerce?
The Hollywood Chamber of Commerce is a nonprofit organization situated in Hollywood, California, specifically at 6255 SUNSET BLVD STE 150, with a staff of 14 individuals. Their primary mission is to foster a thriving business environment and enhance the overall Hollywood experience for everyone. To achieve this aim, they engage in advocacy at various levels of government, developing and advocating for initiatives that support their objectives, while also opposing legislative and regulatory actions that contradict these principles. Notably, the Chamber holds the licensing rights to iconic landmarks such as the Hollywood Sign and the Hollywood Walk of Fame, contributing to the iconic status of Hollywood.
Official website here: www.hollywoodchamber.net
Is Hollywood Chamber Of Commerce legitimate?
Hollywood Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hollywood Chamber Of Commerce 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: $902,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hollywoodchamber.net
What is the mission statement of Hollywood Chamber Of Commerce?
The Hollywood Chamber of Commerce's mission is to foster a thriving business environment and enhance the overall experience in Hollywood. To achieve this, the chamber actively engages at local, state, and federal levels of government, advocating for favorable policies and opposing measures that contradict their principles. One of their key initiatives involves licensing iconic symbols such as the Hollywood Sign and the Hollywood Walk of Fame, aiming to strengthen the Hollywood brand and experience.
Official website here: www.hollywoodchamber.net
Who is the CEO of Hollywood Chamber Of Commerce?
Steve Nissen is the CEO of Hollywood Chamber Of Commerce The CEO's salary of Hollywood Chamber Of Commerce is $225,000 and their total compensation is $225,000.
Official website here: www.hollywoodchamber.net
What is the revenue of Hollywood Chamber Of Commerce?
Hollywood Chamber Of Commerce's revenue in 2024 was $3,484,272.
Official website here: www.hollywoodchamber.net
Who are the executives of Hollywood Chamber Of Commerce and what are their salaries?
The average compensation at Hollywood Chamber Of Commerce during 2024 was $69,442. There are 13 employees and 150 volunteers at Hollywood Chamber Of Commerce.
Here are 39 key members and their salaries (Hollywood Chamber Of Commerce's CEO's salary is $225,000 and their total compensation is $225,000):
- Compensation: $225,000
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- Compensation: $187,450
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Official website here: www.hollywoodchamber.net
Where can I find the form 990 for Hollywood Chamber Of Commerce?
Hollywood Chamber Of Commerce's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hollywoodchamber.net
Learn more at the official website: www.hollywoodchamber.net
Mission Statement of Hollywood Chamber Of Commerce
The Hollywood Chamber of Commerce, in its mission, strives to foster a thriving business environment and enhance the overall experience in Hollywood. To achieve this goal, the Chamber actively engages at both local, state, and federal government levels, proposing and supporting policies that align with its principles. Simultaneously, it opposes legislative and regulatory initiatives that may not be conducive to these objectives.
An essential part of the Chamber's mission involves licensing two iconic symbols of Hollywood - the Hollywood Sign and the Hollywood Walk of Fame. By managing these symbols, the Chamber aims to uplift the Hollywood brand and experience, ultimately contributing to the chamber's broader objective of elevating the overall Hollywood environment.
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Impact
October, 2024
The Hollywood Chamber of Commerce significantly impacts the local economy and community by fostering a vibrant business environment and enhancing the overall experience of Hollywood. By advocating at local, state, and federal levels, it champions proposals that support economic growth while opposing regulations that could hinder progress.
One of its key functions includes the licensing of iconic symbols such as the Hollywood Sign and the Hollywood Walk of Fame, which not only preserve these cultural landmarks but also elevate the Hollywood brand worldwide. This branding effort attracts tourists and boosts local businesses, contributing to the economic vitality of the area.
Additionally, the Chamber's initiatives promote community improvement, creating a more attractive environment for residents and visitors alike. By facilitating collaboration among businesses and residents, the Chamber plays a crucial role in shaping the future of Hollywood as a flourishing community and a premier destination.
This information is meant to be a general summary of Hollywood Chamber Of Commerce. 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 2024.
- Investment Income: $348,155
- Program Service Revenue: $2,685,189
- Gross Receipts: $3,484,272
Assets and Liabilities:
- Total Assets: $4,896,644
- Total Liabilities: $2,548,945
- Net Assets: $2,347,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSING REVENUE
Revenue
$1,245,851
OTHER
Revenue
$441,469
SPECIAL EVENTS
Revenue
$304,721
WALK OF FAME
Revenue
$693,148
Organization Details
Founding Year
1921
Principal Officer
Richard Howard
Website
www.hollywoodchamber.netNTEE Category
Code: S41 - Community improvement
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