2012-07-16T12:56:06-05:00 2011-12-31 951777440 GREEN HASSON & JANKS LLP 10990 WILSHIRE BLVD 16TH FLOOR LOS ANGELES CA 900243929 990 2011-01-01 950691090 CENTRAL CITY ASSOCIATION OF LOS ANGELES INC CENT 2136241213 626 WILSHIRE BOULEVARD NO 200 LOS ANGELES CA 900172915 CAROL E SCHATZ CEO 2136241213 2012-06-26 1 PATRIZIA C COPPING CPA P00647644 3108731600 2011 2016-02-24 21:20:13Z CAROL E SCHATZ 626 WILSHIRE BLVD STE 200 LOS ANGELES CA 90017 4981639 0 X WWW.CCALA.ORG X 1924 CA TO PROMOTE THE ECONOMIC HEALTH AND QUALITY OF LIFE IN LOS ANGELES. 150 148 10 25 0 0 0 0 2431607 2434103 176090 118365 0 0 2607697 2552468 0 0 0 0 1060965 1174619 0 0 0 1317377 1219784 2378342 2394403 229355 158065 3557713 3831359 1766936 2010438 1790777 1820921 DEVOTED TO PROMOTING THE ECONOMIC HEALTH AND QUALITY OF LIFE IN L.A, PARTICULARLY DOWNTOWN LOS ANGELES. CCA PROVIDES BUSINESS ADVOCACY IN SHARING PUBLIC POLICY ON A BROAD RANGE OF ISSUES BEFORE THE CITY COUNCIL, THE COUNTY BOARD OF SUPERVISORS, AND STATE LEGISLATURE. 0 0 CENTRAL CITY ASSOCIATION (CCA) WORKS TO ENSURE THAT THE INTEREST OF BUSINESSES ARE REPRESENTED IN THE DEVELOPMENT OF KEY LOCAL GOVERNMENT POLICIES BY: (1) INVITING KEY PUBLIC DECISION MAKERS TO SPEAK AT MONTHLY COMMITTEE MEETINGS AND LUNCHEONS; (2) TESTIFYING AT PUBLIC HEARINGS; AND (3) MEETING INDIVIDUALLY WITH LOCAL PUBLIC POLICY OFFICIALS. CCA PROMOTES DOWNTOWN LOS ANGELES THROUGH ITS ANNUAL MEETINGS AND OTHER EVENTS WHICH SPOTLIGHTS THE BUSINESSES, RETAIL, CULTURAL FACILITIES AND PUBLIC PLACES DOWNTOWN. CCA'S ANNUAL MEETING, MONTHLY COMMITTEE MEETINGS, LUNCHEONS, AND OTHER EVENTS FACILITATE NETWORKING FOR OUR MEMBERS BY PROVIDING THEM WITH THE OPPORTUNITY TO MEET WITH OTHER BUSINESS PROFESSIONALS. CCA FORMS A SPECIAL COMMITTEE OR TASK FORCE TO BORE DOWN INTO ESPECIALLY COMPLICATED ISSUES, SUCH AS THE FUTURE OF DOWNTOWN DEVELOPMENT, HOUSING PRODUCTION AND AFFORDABLE HOUSING, AND HOMELESSNESS. CCA CREATES PUBLICATIONS AND POST THEM ON THE WEBSITE FOR THE PUBLIC TO READ. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 X 18 0 10 1 0 0 0 0 1 1 0 X 150 148 1 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 CA X JEFF G CHODOROW 2136242146 626 WILSHIRE BLVD 200 LOS ANGELES CA 90017 ALLAN ABSHEZ 1.00 X 0 0 0 SONNY ASTANI 1.00 X 0 0 0 JIM ATKINS 1.00 X 0 0 0 PAUL AUDLEY 1.00 X 0 0 0 ARLEY BAKER 1.00 X 0 0 0 KIM ALAN BENJAMIN 1.00 X 0 0 0 LINDA BERNHARDT 1.00 X 0 0 0 AUSTIN BEUTNER 1.00 X 0 0 0 DIANA BONTA 1.00 X 0 0 0 FELICIA BRANNON 1.00 X 0 0 0 RUSSELL BROWN 1.00 X 0 0 0 TONY CANZONERI 1.00 X 0 0 0 ROB CARSON 1.00 X 0 0 0 HERB CHASE 1.00 X 0 0 0 DR RHEA CHUNG 1.00 X 0 0 0 GERALD CLUTE 1.00 X 0 0 0 GARY CONRAD 1.00 X 0 0 0 JULIA COOKSEY 1.00 X 0 0 0 CHRISTOPHER COOPER 1.00 X 0 0 0 SAULI DANPOUR 1.00 X 0 0 0 KRIS DAVIS 1.00 X 0 0 0 RICHARD DAVIS 1.00 X 0 0 0 MICHAEL DE LA TORRE 1.00 X 0 0 0 JEFFREY DEITCH 1.00 X 0 0 0 MICHAEL DELIJANI 1.00 X 0 0 0 JON DEUSENBERRY 1.00 X 0 0 0 J PETER DEVEREAUX 1.00 X 0 0 0 BERT DEZZUTTI 1.00 X 0 0 0 KENDRA DOYEL 1.00 X 0 0 0 JEFF ELLERMEYER 1.00 X 0 0 0 MICKI FARRIS 1.00 X 0 0 0 KATHY FAULK 1.00 X 0 0 0 JEFFREY FISH 1.00 X 0 0 0 KATHLEEN FLANAGAN 1.00 X 0 0 0 DANIEL FLORES 1.00 X 0 0 0 AMY FORBES 1.00 X 0 0 0 MARK FURLET 1.00 X 0 0 0 VICTOR GOLD 1.00 X 0 0 0 GENE HALE 1.00 X 0 0 0 KAREN HATHAWAY 1.00 X 0 0 0 RICHARD HEISEN 1.00 X 0 0 0 BARBARA HENDERSON 1.00 X 0 0 0 RANDAL HERNANDEZ 1.00 X 0 0 0 JOHN F HEUERJR 1.00 X 0 0 0 TONIAN HOHBERG 1.00 X 0 0 0 SUSAN D HOLLANDER 1.00 X 0 0 0 DARRYL HOLTER 1.00 X 0 0 0 TOM HSIEH 1.00 X 0 0 0 WES IDOL III 1.00 X 0 0 0 RITA ILLIG-LIEBELT 1.00 X 0 0 0 LOIS INGHAM 1.00 X 0 0 0 FRAN INMAN 1.00 X 0 0 0 BARBARA JACOBS 1.00 X 0 0 0 CARY JONES 1.00 X 0 0 0 WILLIE K MA 1.00 X 0 0 0 BRIAN KABATECK 1.00 X 0 0 0 SEL KARDAN 1.00 X 0 0 0 SHARON KEYSER 1.00 X 0 0 0 JEFF KING 1.00 X 0 0 0 ALLAN KINGSTON 1.00 X 0 0 0 ANDREW B LEEKA 1.00 X 0 0 0 TIMOTHY LELWEKE 1.00 X 0 0 0 TOM LESTER 1.00 X 0 0 0 MARK LIBERMAN 1.00 X 0 0 0 GINA MARIE LINDSEY 1.00 X 0 0 0 JACOB LIPA 1.00 X 0 0 0 JIM LONERGAN 1.00 X 0 0 0 KRISTEN LONNER 1.00 X 0 0 0 JOSEPH LUMER 1.00 X 0 0 0 GILBERT F IVEY 1.00 X 0 0 0 JAMES M DURSLAG 1.00 X 0 0 0 DAVID M KLUTH 1.00 X 0 0 0 GEORGE MAIBACH 1.00 X 0 0 0 ANTONIO MANNING 1.00 X 0 0 0 CHRISTOPHER MARTIN 1.00 X 0 0 0 LIDIA MARTINEZ 1.00 X 0 0 0 JOHN MCANIFF 1.00 X 0 0 0 KATHLEEN MCCLURE-WIGHT 1.00 X 0 0 0 GREGORY H MCWILLIAMS 1.00 X 0 0 0 BRADY METCALFE 1.00 X 0 0 0 O'MALLEY MILLER 1.00 X 0 0 0 RYAN MINNIEAR 1.00 X 0 0 0 ALEXANDER MORADI 1.00 X 0 0 0 CEDD MOSES 1.00 X 0 0 0 FRED MUIR 1.00 X 0 0 0 JAMES MYRON 1.00 X 0 0 0 SANDRA NAM 1.00 X 0 0 0 MITRA NOVIN 1.00 X 0 0 0 STEVE NEEDLEMAN 1.00 X 0 0 0 RJ NOONAN 1.00 X 0 0 0 HILARY NORTON 1.00 X 0 0 0 GERARD OROZCO 1.00 X 0 0 0 MELISSA PATACK 1.00 X 0 0 0 VERONICA PEREZ 1.00 X 0 0 0 PEKLAR PILAVJIAN 1.00 X 0 0 0 STEPHEN J POLECHRONIS 1.00 X 0 0 0 JACK RAVAN 1.00 X 0 0 0 KAREN RECTOR 1.00 X 0 0 0 RON REGER 1.00 X 0 0 0 MATT REZVANI 1.00 X 0 0 0 DAYMOND RICE 1.00 X 0 0 0 BRIAN RIX 1.00 X 0 0 0 ANITA FAMILI SABINE 1.00 X 0 0 0 CHRIS SAFARIAN 1.00 X 0 0 0 THOMAS SAYLES 1.00 X 0 0 0 CHRISTOPHER SCHIMMEL 1.00 X 0 0 0 MAYER SEPARZADEH 1.00 X 0 0 0 COLIN SHEPHERD 1.00 X 0 0 0 RENATA SIMRIL 1.00 X 0 0 0 PATRICIA T SINCLAIR 1.00 X 0 0 0 KENT SMITH 1.00 X 0 0 0 STEPHAN SMITH 1.00 X 0 0 0 ROD K SPACKMAN 1.00 X 0 0 0 LISA SPECHT 1.00 X 0 0 0 PATRICK SPILLANE 1.00 X 0 0 0 DARRY SRAGOW 1.00 X 0 0 0 PAULA STAMP 1.00 X 0 0 0 CINDY STARRETT 1.00 X 0 0 0 NANCY SULLIVAN 1.00 X 0 0 0 HOWARD SUNKIN 1.00 X 0 0 0 JOE SUZUKI 1.00 X 0 0 0 LORI TIERNEY 1.00 X 0 0 0 MATT TOLEDO 1.00 X 0 0 0 JEFF TROESH 1.00 X 0 0 0 ROGER VAKHARIA 1.00 X 0 0 0 JOE VARGAS 1.00 X 0 0 0 M AARON YASHOUAFAR 1.00 X 0 0 0 FERNANDO VILLA 1.00 X 0 0 0 CARY WALKER 1.00 X 0 0 0 DAVID WALSH 1.00 X 0 0 0 KEITH WEAVER 1.00 X 0 0 0 JOHN W WHITAKERESQ 1.00 X 0 0 0 DENITA WILLOUGHBY 1.00 X 0 0 0 JANE WINGFIELD 1.00 X 0 0 0 BILL WITTE 1.00 X 0 0 0 BEN WONG 1.00 X 0 0 0 CRAIG WOOD 1.00 X 0 0 0 JOSH WROBEL 1.00 X 0 0 0 ADELE YELLIN 1.00 X 0 0 0 PETER ZEN 1.00 X 0 0 0 PHIL RECHT 1.00 X X 0 0 0 ANDREA VAN DE KAMP 1.00 X X 0 0 0 TIM MCOSKER 1.00 X X 0 0 0 LISA PITNEY 1.00 X X 0 0 0 SEAN FOLEY 1.00 X X 0 0 0 STEVE NISSEN 1.00 X X 0 0 0 DAVID E WRIGHT 1.00 X X 0 0 0 DAVID DAMUS 1.00 X X 0 0 0 STEVE WESTON 1.00 X X 0 0 0 CAROL E SCHATZ 20.00 X X 202312 0 130892 LAUREN KLAUSEN 40.00 X 141064 0 15528 ANNE WILLIAMS 40.00 X 125848 0 8454 JEFF CHODOROW 12.00 X 23831 0 0 493055 0 154874 3 0 1 0 SIMPLY MUMTAZ EVENTS 359 E MAGNOLIA BLVD STE A BURBANK CA 91502 MEETING COORDINATING SERVICES 188446 1 MEMBERSHIP DUES 900099 1514878 1514878 ANNUAL MEETING 900099 802050 802050 OTHER PROGRAM SERVICE 900099 83935 83935 MONTHLY MEETINGS 900099 33240 33240 2434103 94067 94067 2453469 2429171 24298 24298 24298 2552468 2528170 0 24298 493055 487710 42743 90199 60912 26851 25650 26425 1325 279853 27619 109621 7035 119055 12043 10495 PROGRAM EXPENDITURES 307846 CONSULTANTS 185387 PERSONNEL COSTS 61449 EQUIP. RENTAL & REPAIR 19130 2394403 57678 110999 96294 29643 29283 87401 117030 100011 27465 17019 2579941 2738564 767052 847733 3557713 3831359 215370 210898 47500 78325 1504066 1721215 1766936 2010438 X 1790777 1820921 1790777 1820921 3557713 3831359 X 158065 -127921 X X 0 1 1 X 0 0 1 0 PART IV, SUPPLEMENTAL INFORMATION: PART III-A, LINE 2: THE ORGANIZATION DID NOT HAVE ANY LOBBYING EXPENDITURES IN 2011. 117030 100011 17019 17019 CASH SURRENDER VALUE OF LIFE INSURANCE POLICY 840236 SECURITY DEPOSIT 7497 847733 DEFERRED COMPENSATION LIABILITY 1721215 1721215 2552468 2394403 158065 -88340 -55500 15919 -127921 30144 2498022 -88340 44400 15919 -28021 2526043 26425 26425 2552468 2412378 44400 44400 2367978 26425 26425 2394403 PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON DEFERRED COMPENSATION INSURANCE AGREEMENTS 15,919. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON DEFERRED COMPENSATION INSURANCE AGREEMENTS 15,919. X X X 0 1 0 CAROL E SCHATZ 147197 0 55115 0 0 0 96600 0 34292 0 333204 0 0 0 LAUREN KLAUSEN 129064 0 12000 0 0 0 0 0 15528 0 156592 0 0 0 PART I, LINE 4B CAROL SHATZ, CEO SHE IS BENEFICIARY OF A RETIREMENT PLAN THAT INCLUDES NONQUALIFIED ASSETS. THE NON-QUALIFIED ASSET BALANCE AT 12/31/11 WAS $840,236. THIS BALANCE IS CONTROLLED BY CENTRAL CITY ASSOCIATION IN CONNECTION WITH SERVICES PERFORMED FOR DCBID AND CCA. FRED MUIR BOARD MEMBER AND SPOUSE OF THE CEO 60013 FRED MUIR IS A CEO OF THE PUBLIC RELATIONS AND COMMUNICATIONS FIRM WHICH PROVIDED SERVICES TO THE ORGANIZATION. THIS TRANSACTION WAS APPROVED BY THE BOARD OF DIRECTORS AND WAS BASED ON COMPETETIVE BIDS. 0 COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMP. FORM 990, PART VII, LINE 1 CENTRAL CITY ASSOCIATION (CCA) AND DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT (DCBID), A 501(C)(6) ORGANIZATION, HAVE CERTAIN STAFF MEMBERS IN COMMON, INCLUDING THE PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO). THE SAME PERSON SERVES AS CEO FOR BOTH CCA AND DCBID, BUT IS ACTUALLY A LEGAL EMPLOYEE OF CCA ONLY. BOTH ENTITIES SHARE THE COST OF THE CEO PURSUANT TO THE SERVICES, EQUIPMENT AND SPACE SHARING AGREEMENT (THE AGREEMENT). FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE BOARD MANAGEMENT & OPERATIONS COMMITTEE ("THE M & O COMMITTEE") MAKES GOVERNING DECISIONS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 CAROL E. SCHATZ, CEO/PRESIDENT, AND FRED MUIR, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS WHO PAY DUES REPRESENT ORGANIZATIONS THAT HAVE COMMITTED TO MEMBERSHIP WITH CCA. THE LEVEL OF MEMBERSHIP AND PRIVILEGES ARE CONTINGENT UPON THE LEVEL OF MEMBERSHIP PAID FOR, SUBJECT TO APPROVAL BY THE EXISTING MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 BEFORE FILING THE FORM 990 RETURN IT WILL BE REVIEWED BY THE FINANCE COMMITTEE OF THE EXECUTIVE BOARD MANAGEMENT & OPERATIONS COMMITTEE ("THE M & O COMMITTEE") AND RECOMMENDED FOR APPROVAL BY THE WHOLE M & O COMMITTEE. BECAUSE THE BOARD MEMBERS FOR CCA NUMBERS APPROXIMATELY 150 ("THE BOARD"), THE ACTUAL DETAILED REVIEW OF CCA BUSINESS IS PERFORMED BY THE M & O COMMITTEE. A COPY OF THE REPORT WILL BE SENT ELECTRONICALLY TO THE M & O COMMITTEE AT LEAST 5 DAYS PRIOR TO THE MEETING SO THAT THEY HAVE TIME TO ABSORB THE CONTENTS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, A CODE OF CONDUCT DECLARATION IS GIVEN TO EACH BOARD MEMBER AND THEY ARE REQUIRED TO SIGN IT AND AGREE TO ITS PROVISIONS. THE CEO OF THE ORGANIZATION REVIEW OPERATIONS TO ENSURE THAT THERE IS COMPLIANCE BY ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES. POTENTIAL CONFLICTS OF INTEREST INVOLVING THE CEO OR OTHER CORPORATE OFFICERS ARE REVIEWED BY THE FINANCE SUB COMMITTEE OF THE MANAGEMENT & OPERATIONS COMMITTEE, AND THE CHIEF OPERATING OFFICER OF CCA IN THE NORMAL COURSE OF PROCESSING RECEIPTS AND DISBURSEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE OF THE BOARD PERFORMS ANALYSIS AND PROVIDES RECOMMENDATIONS TO THE MANAGEMENT & OPERATIONS COMMITTEE REGARDING THE COMPENSATION OF THE ORGANIZATION'S CEO. THE CCA MANAGEMENT & OPERATIONS BOARD COMMITTEE REVIEWS THE CEO'S COMPENSATION AND 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 CEO. ONLY THE CEO IS BOUND BY AN EMPLOYMENT AGREEMENT CONTRACT. THE CEO MAKES RECOMMENDATIONS TO THE MANAGEMENT & OPERATIONS BOARD COMMITTEE REGARDING APPROPRIATE SALARY AND BONUS ADJUSTMENTS FOR OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -88,340. PRIOR PERIOD ADJUSTMENTS: -55,500. UNREALIZED GAIN ON DEFERRED COMPENSATION INSURANCE AGREEMENTS 15,919. TOTAL TO FORM 990, PART XI, LINE 5: -127,921. FINANCIAL STATEMENTS AND REPORTING FORM 990, PART XII, LINE 12C NO CHANGES WERE MADE TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR, AS COMPARED TO THE PRIOR TAX YEAR.