Nonprofit · EIN 95-4508775
WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION
Tax-exempt · CULVER CITY, CA 90230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $734,079 | $555,363 | $178,716 | $306,763 | $36,850 | $269,913 |
| December 31, 2023 | 990 | $554,551 | $550,242 | $4,309 | $127,284 | $36,087 | $91,197 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $732,551
- Investment income
- $1,528
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,075
- Program services (functional)
- $471,655
- Management and general (functional)
- $83,708
Balance sheet and other
- Total assets, start of year
- $127,284
- Total assets, end of year
- $306,763
- Total liabilities, end of year
- $36,850
- Net assets, end of year
- $269,913
- Net assets without donor restrictions
- $269,913
- Gross receipts
- $734,079
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1994
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HAKIM | PRESIDENT & CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 |
| MIKE SAREBANHA | SECRETARY Trustee or director, Officer | 1 | $0 |
| JIMMY HAN | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL RUSSELL | EXECUTIVE DIRECTOR Trustee or director | 30 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL RUSSELL | EXECUTIVE DIRECTOR Trustee or director | 30 | $0 |
| JIMMY HAN | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL KIM | PRESIDENT & CHAIRMAN OF THE B Trustee or director, Officer | 1 | $0 |
| MIKE SAREBANHA | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4907 MAYTIME LN, CULVER CITY, CA 90230-5052
- In care of
- % MICHAEL RUSSELL
- Principal officer (990 for 2024)
- MICHAEL HAKIM, 4907 MAYTIME LANE, Culver City, CA 90230
- Signed the 990
- MICHAEL RUSSELL, EXECUTIVE DIRECTOR
- Phone
- (213) 487-7003
- Website
- www.wilshirecenter.com
- Return prepared by
- JUNG HOON OH CPA APC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4508775 or by the name WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO IMPROVE THE GENERAL BUSINESS CLIMATE AND THE ECONOMIC INTERESTS OF BUSINESSES THAT ARE LOCATED IN THE WILSHIRE CENTER AREA OF LOS ANGELES, CALIFORNIA
Program accomplishments
- TO IMPROVE THE GENERAL BUSINESS CLIMATE AND THE ECONOMIC INTERESTS OF BUSINESSES THAT ARE LOCATED IN THE WILSHIRE CENTER AREA OF LOS ANGELES, CALIFORNIAExpenses $471,655 · revenue $732,551
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4508775
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $306,763
- Income (IRS master file)
- $734,079
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $734,079 | $555,363 | $306,763 | XML |
| 990 | December 2023 | $554,551 | $550,242 | $127,284 | XML |
| 990 | December 2022 | $647,903 | $592,135 | $122,699 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 95-4508775).
Questions about WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION
- What is the EIN of WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION?
- The employer identification number (EIN) of WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION is 95-4508775.
- Is WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
- Are donations to WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WILSHIRE CENTER BUSINESS IMPROVEMENT 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 WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHAEL HAKIM.
- Who are the officers and directors of WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does WILSHIRE CENTER BUSINESS IMPROVEMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $734,079, expenses of $555,363 and total assets of $306,763 at year end.
Other nonprofits in CULVER CITY
- DIDI HIRSCH PSYCHIATRIC SERVICE EIN 95-1816023 · last filed 990 for 2025
- STAR SPORTS THEATRE ARTS & RECREATION INC EIN 95-4430228 · last filed 990 for 2025
- X PRIZE FOUNDATION INC EIN 52-1876879 · last filed 990 for 2024
- CENTURY HOUSING CORPORATION EIN 95-4540326 · last filed 990 for 2024
- EXCEPTIONAL CHILDRENS FOUNDATION A CORP EIN 95-1690988 · last filed 990 for 2025
- WILLOWS COMMUNITY SCHOOL EIN 95-4466863 · last filed 990 for 2025
- THE GOLDRICH FAMILY FOUNDATION C/O JONA GOLDRICH EIN 95-4155986 · last filed 990-PF for 2024
- ALCOTT CENTER FOR MENTAL HEALTH SERVICES EIN 95-3392564 · last filed 990 for 2025