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Nonprofit · EIN 20-8864304

NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION

Tax-exempt · N HOLLYWOOD, CA 91601

Financials

$743K$769K2023$789K$798K2024
Revenue Expenses · by fiscal year end
Financials of NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$788,961$797,888-$8,927$55,357$54,864$493
December 31, 2023990$742,681$769,139-$26,458$56,115$46,696$9,419
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$47,702
of which government grants
$47,702
Program service revenue
$741,259
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$96,165
Salaries, compensation and benefits (total)
$96,165
Professional fundraising fees
$0
Accounting fees
$6,687
Occupancy
$38,747
Program services (functional)
$654,415
Management and general (functional)
$143,473

Balance sheet and other

Total assets, start of year
$56,115
Total assets, end of year
$55,357
Total liabilities, end of year
$54,864
Net assets, end of year
$493
Net assets without donor restrictions
$493
Gross receipts
$788,961
Employees
0
Volunteers
6
Year formed
2007
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN GIBSONExecutive Dir.
Officer
22$96,165
ROBERT AKHAVANChairman
Trustee or director, Officer
1$0
LINDA FULTONVice Chair
Trustee or director, Officer
1$0
JAMES McINTYRETreasurer
Trustee or director, Officer
1$0
BARBARA CHASESecretary
Trustee or director, Officer
1$0
CARL MANCUSOBOARD MEMBER
Trustee or director
0$0
NIGOL MANOUKIANBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
STEPHEN GIBSONExecutive Dir.
Officer
22$96,000
ROBERT AKHAVANChairman
Trustee or director, Officer
1$0
LINDA FULTONVice Chair
Trustee or director, Officer
1$0
JAMES McINTYRETreasurer
Trustee or director, Officer
1$0
BARBARA CHASESecretary
Trustee or director, Officer
1$0
KATHERINE HANGBOARD MEMBER
Trustee or director
1$0
CARL MACUSOBOARD MEMBER
Trustee or director
0$0
NIGOL MANOUKIANBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
5026 LANKERSHIM BLVD, N HOLLYWOOD, CA 91601-4222
In care of
% RENA LEDDY
Signed the 990
STEPHEN GIBSON, Executive Dir.
Phone
(818) 849-1089
Return prepared by
GTL LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 20-8864304 or by the name NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO DEVELOP, RESTORE, PROTECT AND MAINTAIN THE NORTH HOLLYWOOD DISTRICT AREA AS WELL AS TO LEAD THE CONTINUAL ENHANCEMENT OF NORTH HOLLYWOOD AS A FLOURISHING AND TRENDSETTING CENTER FOR ARTS, CULTURE AND COMMERCE.

990 for the year ended December 31, 2024

Program accomplishments

  • NEW IMPROVEMENTS AND ACTIVITIES THAT ARE ABOVE AND BEYOND THOSE ALREADY PROVIDED BY THE CITY OF LOS ANGELES, INCLUDING SPECIAL PROJECTS TO BEAUTIFY THE DISTRICT, WERE PROVIDED BY THE DISTRICT. IN ADDITION, THE DISTRICT PROVIDED SAFETY PROGRAMS TO SUPPORT POLICE, PROPERTY OWNERS, AND TENANTS IN CRIME PREVENTION EFFORTS. THE DISTRICT ALSO PROVIDED SIDEWALK AND ALLEY MAINTENANCE, GRAFFITI REMOVAL, SIDEWALK PRESSURE WASHING, WEED ABATEMENT, PAPER SIGN AND HANDBILL REMOVAL.
    Expenses $630,575
  • THE DISTRICT PROVIDED COMMUNICATION/DEVELOPMENT SERVICES AS ADVOCACY TO PROMOTE BUSINESS INTERESTS IN THE DISTRICT.
    Expenses $23,840

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8864304
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$231,457
Income (IRS master file)
$812,198

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$788,961$797,888$55,357XML
990December 2023$742,681$769,139$56,115XML
990December 2022$738,264$722,204$83,055IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8864304).

Questions about NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION

What is the EIN of NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION?
The employer identification number (EIN) of NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION is 20-8864304.
Is NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
Are donations to NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $96,165 (STEPHEN GIBSON, Executive Dir.).
How much revenue does NORTH HOLLYWOOD BUSINESSIMPROVEMENT DISTRICT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $788,961, expenses of $797,888 and total assets of $55,357 at year end.

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