2024-11-15T11:32:47-06:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 11766 WILSHIRE BLVD 9TH FLOOR LOS ANGELES CA 90025 990 2023-01-01 950691090 CENTRAL CITY ASSOCIATION OF LOS ANGELES CENT 2136241213 626 WILSHIRE BLVD 850 LOS ANGELES CA 90017 PETTINELLA MCOSKER PRESIDENT & CEO 2136241213 2024-11-14 1 1 SUSAN L VAN P00535768 3104784148 2023 2024-10-15 13:58:12Z PETTINELLA MCOSKER 626 WILSHIRE BLVD 850 LOS ANGELES CA 90017 2471664 0 X WWW.CCALA.ORG X 1924 CA TO PROMOTE THE ECONOMIC HEALTH AND QUALITY OF LIFE IN LOS ANGELES. 24 24 14 26 0 0 1871150 1900180 0 0 30234 91809 -415013 -449695 1901384 1542294 0 0 0 0 1522511 1199333 0 0 0 1180336 709047 2702847 1908380 -801463 -366086 3653020 3054925 1217077 772730 2435943 2282195 DEVOTED TO PROMOTING THE ECONOMIC HEALTH AND QUALITY OF LIFE IN LA, PARTICULARLY DOWNTOWN LOS ANGELES. CCA PROVIDES BUSINESS ADVOCACY IN SHARING PUBLIC POLICY ON A BROAD RANGE OF ISSUES BEFORE THE CITYCOUNCIL, 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 PUBLICHEARINGS; AND (3) MEETING INDIVIDUALLY WITH LOCAL PUBLIC POLICY OFFICIALS. CCA PROMOTES DOWNTOWN LOS ANGELES THROUGH ITS ANNUAL MEETINGS AND OTHER EVENTS WHICH SPOTLIGHT 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 POSTS THEM ON THE WEBSITE FOR THE PUBLIC TO READ. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 14 1 0 0 0 0 1 1 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 CA X ARMANINO LLP 3104784148 11766 WILSHIRE BLVD 900 LOS ANGELES CA 900251586 CARMEL SELLA BOARD MEMBER 1.00 X 0 0 0 JAVIER CANO SECRETARY 1.00 X X 0 0 0 HILARY NORTON BOARD MEMBER 1.00 X 0 0 0 LUPITAL SANCHEZ-CORNEJO BOARD MEMBER 1.00 X 0 0 0 DAVID GALAVIZ BOARD MEMBER 1.00 X 0 0 0 LEWIS HORNE BOARD MEMBER 1.00 X 0 0 0 CHRIS PAK BOARD MEMBER 1.00 X 0 0 0 EDGAR KHALATIAN CHAIR 1.00 X X 0 0 0 CINDY STARRETT BOARD MEMBER 1.00 X 0 0 0 STEPHANIE GRAVES IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MARIA CAMACHO BOARD MEMBER 1.00 X 0 0 0 MARK LORANGER BOARD MEMBER 1.00 X 0 0 0 PAUL KELLER BOARD MEMBER 1.00 X 0 0 0 BERT DEZZUTTI BOARD MEMBER 1.00 X 0 0 0 AREEN IBRANOSSIAN BOARD MEMBER 1.00 X 0 0 0 RACHEL MOORE TREASURER 1.00 X X 0 0 0 KEVIN MURRAY BOARD MEMBER 1.00 X 0 0 0 GARRET GIN BOARD MEMBER 1.00 X 0 0 0 TOM GILMORE CHAIR EMERITUS 1.00 X X 0 0 0 MARTHA SAUCEDO BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER PEARSON BOARD MEMBER 1.00 X 0 0 0 CLARE DEBRIERE VICE CHAIR 1.00 X X 0 0 0 JIM PUGH BOARD MEMBER 1.00 X 0 0 0 PATTI MACJENNETT BOARD MEMBER 1.00 X 0 0 0 PETTINELLA MCOSTER PRESIDENT & CEO 40.00 X 244000 0 20222 MARIE RUMSEY DIRECTOR LEGISLATIVE & LEG 40.00 X 118663 0 13267 MICHAEL SHILSTONE VP OF POLICY & RESEARCH 40.00 X 117485 0 7543 480148 0 41032 3 0 1 0 J&M EVENTS 26027 HUNTINGTON LANE SANTA CLARITA CA 91355 EVENT PLANNING 189295 JW MARRIOTT 7750 WISCONSIN AVE BETHESDA MD 20814 EVENT SPACE 102446 2 1356650 543530 1900180 75984 75984 495500 479675 15825 15825 15825 0 543530 449695 -449695 -449695 1542294 0 0 -357886 521180 552763 15530 29150 80710 40159 105400 17676 119324 57308 39650 218350 5828 14106 11513 PARKING & MILEAGE 35455 BANK & MERCHANT FEES 13883 MEETINGS 12703 DUES & SUBSCRIPTIONS 11745 5947 1908380 103499 35089 82345 10103 9545 7058 240216 187319 67003 52897 2346350 2355062 1044278 594716 3653020 3054925 159182 167794 6000 0 1051895 604936 1217077 772730 X 2435943 2282195 3653020 3054925 -366086 212338 0 X 1 X 0 1 0 0 1 0 PART III-A, LINE 2 THE ORGANIZATION DID NOT HAVE ANY LOBBYING EXPENDITURES IN 2023. 240216 187319 52897 52897 LEASE LIABILITY ROU ASSET 594716 594716 DUE TO AFFILIATES 8842 LEASE LIABILITY 596094 604936 X PART X, LINE 2: CCA IS EXEMPT FROM TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE ("IRC"), AND FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE IRC AND CORRESPONDING SECTIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION OR BENEFIT FOR FEDERAL OR STATE INCOME TAXES IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR DECEMBER 31, 2023. CCA'S FEDERAL INCOME TAX RETURNS FOR TAX YEARS ENDING 2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE RETURNS FOR CALIFORNIA, ITS ONLY STATE JURISDICTION, REMAIN SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES FOR THE TAX YEARS ENDING 2019 AND BEYOND. CENTRAL CITY ASSOCIATION EVENTS 543530 543530 449695 543530 543530 449695 449695 -449695 X X X 1 0 0 PETTINELLA MCOSTER PRESIDENT & CEO 234000 0 10000 0 0 0 9760 0 10462 0 264222 0 0 0 PART I, LINE 4A MARIE RUMSEY - $12,000 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 11B THE FORM 990 IS ONLY REVIEWED INTERNALLY BY THE PRESIDENT AND CEO. A COPY IS NOT PROVIDED TO THE BOARD PRIOR TO FILING. 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 REVIEWS 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 MANAGEMENT & OPERATIONS COMMITTEE, AND THE CHIEF OPERATING OFFICER OF CCA IN THE NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 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 COMMITTEE REGARDING COMPENSATION 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. DOWNTOWN WORKS 626 WILSHIRE BLVD SUITE 850 LOS ANGELES CA 90017 453114917 PROMOTE PUBLIC ENGAGEMENT AND UNDERSTAND DTLA'S IMPORTANT OPPORTUNITIES. CA 501(C)(3) LINE 10 CENTRAL CITY ASSOCIATION OF LOS ANGELES 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0