STRATEGY STUDIO / PUBLIC DATA EXPLORER

HISTORIC CORE BUSINESS IMPROVEMENT DISTRICT PROPERTY OWNERS ASSOC INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
HISTORIC CORE BUSINESS IMPROVEMENT DISTRICT PROPERTY OWNERS ASSOC INC (EIN 95-4680659)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-17
IRS object ID
201512299349303201
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-08-17T11:52:36-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Joyful Solutions Business ManagementBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15007 Rigoletto StAddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91364ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954680659EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Historic Downtown Los Angeles Business Improvement District Property OwnersBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHISTBusinessNameControlTxt
Phone2134881901PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1209-211 West 5th StreetAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90013ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBLAIR BESTENPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2134881901PhoneNum
Signature2015-08-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN J BOYLEPreparerPersonNm
Phone8189144452PhoneNum
Preparation2015-08-17PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Blair BestenBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1209-211 W 5th StAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90013ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,632,325GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.hdlabid.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTo assist property owners within the propety owner funded district boundaries safety, maintenance, and neighborhood identity services to promote clean, safe and economic development objectives within the distict boundaries.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$7,700PYContributionsGrantsAmt
CY Contributions Grants$6,555CYContributionsGrantsAmt
PY Program Service Revenue$1,562,289PYProgramServiceRevenueAmt
CY Program Service Revenue$1,624,421CYProgramServiceRevenueAmt
PY Investment Income$978PYInvestmentIncomeAmt
CY Investment Income$1,349CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,570,967PYTotalRevenueAmt
CY Total Revenue$1,632,325CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$141,707PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$191,583CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,195,453PYOtherExpensesAmt
CY Other Expenses$1,373,980CYOtherExpensesAmt
PY Total Expenses$1,337,160PYTotalExpensesAmt
CY Total Expenses$1,565,563CYTotalExpensesAmt
PY Revenues Less Expenses$233,807PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$66,762CYRevenuesLessExpensesAmt
Total Assets BOY$491,779TotalAssetsBOYAmt
Total Assets EOY$541,776TotalAssetsEOYAmt
Total Liabilities BOY$141,352TotalLiabilitiesBOYAmt
Total Liabilities EOY$124,587TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$350,427NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$417,189NetAssetsOrFundBalancesEOYAmt
MissionTo assist property owners within the Historic Core Business ImprovementMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescPUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND WORKING RELATIONSHIPS WITH THE CITY OF LOS ANGELES POLICE, LOS ANGELES COUNTY SHERIFF, AND LOS ANGELES COUNTY FIRE DEPARTMENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescMAINTENANCE - MAINTAINING CLEAN SIDEWALKS AND CURBS AND GARBAGE REMOVAL.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescDISTRICT IDENTITY AND MARKETING - IMPROVING DOWNTOWN LOS ANGELES THROUGH SPECIAL PROJECTS, AREA BRANDING AND ECONOMIC DEVELOPMENT SUPPORT OF BUSINESSES WITHIN THE DISTRICT BOUNDARY.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Blair BestenBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2134881901PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1453 S Spring St 1116AddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90013ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
BLAIR BESTEN
Executive Dir.40.00Yes (X)Yes (X)$111,439$0$10,310
MICHAEL HELLEN
Board Member1.00$0$0$0Yes (X)
BORIS MAYZELS
President1.00$0$0$0Yes (X)Yes (X)
MICHAEL DELIJANI
Secretary1.00$0$0$0Yes (X)Yes (X)
ERIC SHOMOF
Vice Presidnet1.00$0$0$0Yes (X)Yes (X)
RUBEN ISLAS
Board Member1.00$0$0$0Yes (X)
CEDD MOSES
Board Member1.00$0$0$0Yes (X)
KEVIN LITWIN
Board Member1.00$0$0$0Yes (X)
BARRY SHY
Treasurer1.00$0$0$0Yes (X)Yes (X)
PAUL SU
Board Member1.00$0$0$0Yes (X)
FRED AFARI
Board Member1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$111,439TotalReportableCompFromOrgAmt
Total Other Compensation$10,310TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Chrysalis
522 S Main StreetLos AngelesCA90013Street Cleaning$645,255
United Protection Services
PO Box 10134PasadenaCA91189Security Services$516,308
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$6,555AllOtherContributionsAmt
Total Contributions$6,555TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAssessment RevenueDesc
Business900099BusinessCd
Total Revenue Column$1,624,421TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,624,421TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,349TotalRevenueColumnAmt
Exclusion$1,349ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,632,325TotalRevenueColumnAmt
Related Or Exempt Func Income$1,624,421RelatedOrExemptFuncIncomeAmt
Exclusion$1,349ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$111,439TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$46,000TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$21,022TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,122TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,260TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,683TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$22,647TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,775TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,460TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,183TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$21,505TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,444TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$7,139TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,008TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
Maintenance Program$579,248
Safety Program$485,303
Special Projects$120,180
Management & General$50,145

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,565,563TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$68,604BOYAmt
EOY$6,295EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$313,068BOYAmt
EOY$503,186EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$104,590BOYAmt
EOY$19,771EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,917BOYAmt
EOY$10,024EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,600BOYAmt
EOY$2,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$491,779BOYAmt
EOY$541,776EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$141,352BOYAmt
EOY$124,587EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$141,352BOYAmt
EOY$124,587EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$350,427BOYAmt
EOY$417,189EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$350,427BOYAmt
EOY$417,189EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$491,779BOYAmt
EOY$541,776EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$66,762ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bForm 990 Review Process - Before filing Form 990 with the Internal Revenue Service, the President of the Board reviews it and makes it available to the rest of the Board of Directors. The Board of Directors meet regularly on a monthly basis.
Pt VI, Line 12cExplanation of Monitoring and Resolution of Conflicts - In the event a potential conflict is identified, it is brought to the attention of the Finance Committee of the Board of Directors for possible remedial action. Potential conflicts of interest involving the Executive Director are reviewed by the Finance Committee of the Board of Directors and an outsourced accountant in the normal process of processing receipts and disbursements.
Pt VI, Line 15aCompensation Review & Approval Process for the Executive Director - The board reviews the Executive Director's performance on an annual basis and makes a determination as to whether it wishes to maintain or adjust the terms of its relationship with the Executive Director. The Board reviews comparative Executive Director salaries paid by other Business Improvement Districts.
Pt VI, Line 19Other organization documents publicly available - Members of the public wishing to inspect the governing documents, conflict of interest policy, and financial statements should address their requests to: Historic Downtown Los Angeles Business Improvement District, 209-211 West 5th Street, Los Angeles, CA 90013.
Pt VII, Col (F)Estimated other compensation of the Executive Director - The amount contained in column F is comprised of $10,310 paid for medical insurance for the Executive Director and her family.