Overview
What is Downtown La Property Owners Association?
The Downtown LA Property Owners Association is a business improvement district, situated in Los Angeles, California, specifically at 818 S Broadway ST Suite 801. Their primary mission is to enhance the LA Fashion District, making it a clean, secure, and welcoming environment for work, shopping, living, and conducting business. They achieve this by implementing various programs, such as trash removal, graffiti tag elimination, bulky items disposal, and pressure washing of sidewalks. In the past year, they successfully removed 2,117 tons of trash, 6,110 graffiti tags, 1,100 bulky items, and pressure-washed over 18 million square feet of sidewalks. The association operates with a committed team of 10 employees.
Official website here: www.fashiondistrict.org
Is Downtown La Property Owners Association legitimate?
Downtown La Property Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown La 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: $210,321
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,631
For more financial information, click here
Official website here: www.fashiondistrict.org
What is the mission statement of Downtown La Property Owners Association?
The Downtown LA Property Owners Association, functioning as a Business Improvement District, is committed to enhancing a specific community by making it a clean, secure, and welcoming space for work, shopping, living, and conducting business. They accomplish this goal through various initiatives, including cleaning programs that have resulted in the removal of significant amounts of trash, graffiti, and bulky items, as well as pressure-washing vast areas of sidewalks.
Official website here: www.fashiondistrict.org
Who is the CEO of Downtown La Property Owners Association?
Lisa Korbatov is the Treasurer of Downtown La Property Owners Association.
Official website here: www.fashiondistrict.org
What is the revenue of Downtown La Property Owners Association?
Downtown La Property Owners Association's revenue in 2022 was $6,494,593.
Official website here: www.fashiondistrict.org
Who are the executives of Downtown La Property Owners Association and what are their salaries?
The average compensation at Downtown La Property Owners Association during 2022 was $76,595. There are 10 employees and 15 volunteers at Downtown La Property Owners Association.
Here are 18 key members and their salaries:
- Compensation: $197,000
- Related: $0
- Other: $13,321
- Compensation: $119,344
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- Compensation: $102,091
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- Other: $13,794
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Official website here: www.fashiondistrict.org
Where can I find the form 990 for Downtown La Property Owners Association?
Downtown La Property Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fashiondistrict.org
Learn more at the official website: www.fashiondistrict.org
Mission Statement of Downtown La Property Owners Association
The Downtown LA Property Owners Association, as a Business Improvement District, is committed to enhancing its community, primarily the LA Fashion District. Their mission is to transform the area into a clean, safe, and welcoming space for both work and leisure purposes. To achieve this, they implement various programs focused on cleaning, safety, and marketing.
In terms of cleanliness, the association has made significant strides, removing over 2,117 tons of trash from the public right-of-way. They have also tackled graffiti, eliminating 6,110 tags and stickers, and addressing bulky items by collecting 1,100 of them. Furthermore, they have pressure-washed a staggering 18 million square feet of sidewalk to maintain a clean and presentable environment.
By focusing on safety, the Downtown LA Property Owners Association contributes to creating a secure and inviting atmosphere. However, details about their safety initiatives were not provided in the information given. Lastly, their marketing programs aim to promote the district as a desirable location for business, shopping, living, and other activities. By executing these programs effectively, the association works towards making the LA Fashion District an attractive and enjoyable destination for all.
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Impact
October, 2024
The Downtown LA Property Owners Association significantly enhances the quality of life in the LA Fashion District through its focused efforts on cleanliness, safety, and community engagement. By implementing comprehensive cleaning programs, the association has successfully removed over 2,117 tons of trash and eliminated 6,110 graffiti tags and stickers, contributing to a more visually appealing environment.
Their commitment to maintaining public spaces is evident as they have pressure-washed an impressive 18 million square feet of sidewalk, ensuring that residents and visitors experience a clean and welcoming atmosphere. Additionally, the association’s initiatives foster a safer and friendlier community, making it more attractive for businesses, shoppers, and residents alike. Overall, the impact of the Downtown LA Property Owners Association is felt not just in the physical cleanliness of the area, but also in the enhanced sense of community and economic vitality they promote in the Fashion District.
This information is meant to be a general summary of Downtown La 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $95,151
- Program Service Revenue: $6,268,663
- Gross Receipts: $6,494,593
Assets and Liabilities:
- Total Assets: $2,748,617
- Total Liabilities: $1,184,729
- Net Assets: $1,563,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
A. OVERLAY - G. BENEFIT
Revenue
$18,284
ALLEY OVERLAY ASSMNTS
Revenue
$793,271
BID ASMNTS - CURRENT YEAR
Revenue
$5,325,934
BID ASMNTS - PRIOR YEARS
Revenue
$111,800
BID ASMNTS -PENALTIES&INT
Revenue
$19,374
Organization Details
Founding Year
1993
Phone
(213) 488-1153Principal Officer
Lisa Korbatov
Main Address
818 S BROADWAY ST SUITE 801, LOS ANGELES, CA, 90014
Website
www.fashiondistrict.orgNTEE Category
Code: S20 - Community improvement
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