Overview
What is Figueroa Corridor Partnership Inc?
Figueroa Corridor Partnership Inc is a nonprofit organization situated in Los Angeles, California. Its primary role is to manage and promote the Figueroa/Flower/Vermont corridor, connecting Downtown Los Angeles to Exposition Park. The organization is dedicated to enhancing the area's safety, cleanliness, economic vitality, and aesthetic appeal, making it an attractive location for business, education, leisure, worship, and residence. It achieves this by operating a clean team to remove trash and graffiti, employing a safety ambassador crew to deter crime, and utilizing a marketing firm for publicity through a quarterly newsletter and media outreach. By bringing together various businesses, non-profit institutions, and service organizations, Figueroa Corridor Partnership Inc has effectively collaborated with local government organizations to introduce innovative streetscape, beautification, and cultural amenities to the area.
Is Figueroa Corridor Partnership Inc legitimate?
Figueroa Corridor Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Figueroa Corridor Partnership Inc 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: $162,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Figueroa Corridor Partnership Inc?
The Figueroa Corridor Partnership Inc is responsible for managing and promoting the Figueroa/Flower/Vermont corridor, linking downtown Los Angeles to Exposition Park. Their mission is to develop this area into a safe, clean, economically vibrant, and aesthetically pleasing environment where individuals can conduct business, continue their education, visit museums, attend sporting events, worship, or reside. The organization is committed to enhancing the corridor for various activities, ensuring it remains an attractive and functional space for the community.
What is the revenue of Figueroa Corridor Partnership Inc?
Figueroa Corridor Partnership Inc's revenue in 2023 was $1,712,110.
Who are the executives of Figueroa Corridor Partnership Inc and what are their salaries?
There 23 volunteers at Figueroa Corridor Partnership Inc.
Here are 24 key members and their salaries:
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Where can I find the form 990 for Figueroa Corridor Partnership Inc?
Figueroa Corridor Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Figueroa Corridor Partnership Inc
Figueroa Corridor Partnership Inc is dedicated to overseeing and promoting the Figueroa/Flower/Vermont corridor, connecting Downtown Los Angeles to Exposition Park. The organization's mission is centered around the development of this area, striving to create a safe, clean, economically vibrant, and aesthetically pleasing environment. This environment is intended for conducting business, continuing education, visiting museums, attending sporting events, worshipping, or residing. Figueroa Corridor Partnership Inc is committed to ensuring that this corridor serves as a welcoming and thriving space for various activities and communities.
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Impact
October, 2024
Figueroa Corridor Partnership Inc significantly enhances the Figueroa/Flower/Vermont corridor in Los Angeles, fostering a clean, safe, and vibrant environment. By coordinating maintenance efforts such as trash removal and graffiti cleanup through a dedicated Clean Team, they ensure that the area remains welcoming and visually appealing.
The organization also prioritizes safety with a Safety Ambassador crew that actively deters crime, contributing to a more secure environment for residents, businesses, and visitors alike. Their marketing initiatives, including a quarterly newsletter and strategic media outreach, effectively promote the corridor, attracting foot traffic and fostering economic growth.
Collaboration among local businesses, non-profit institutions, and service organizations allows the Partnership to address issues efficiently and advocate for improved streetscapes, beautification efforts, and cultural amenities. This collective action not only supports local economic development but also enhances the overall aesthetic and functional quality of the corridor, making it an desirable area for commerce, education, cultural experiences, and community living.
This information is meant to be a general summary of Figueroa Corridor Partnership Inc. 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 2023.
- Investment Income: $4,469
- Program Service Revenue: $1,626,163
- Gross Receipts: $1,712,110
Assets and Liabilities:
- Total Assets: $104,787
- Total Liabilities: $121,258
- Net Assets: -$16,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$1,626,163
Organization Details
Founding Year
1997
Principal Officer
Melinda Ramos-Alatorre
NTEE Category
Code: S30 - Community improvement
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