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Nonprofiteer
← HOLLYWOOD CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by HOLLYWOOD CHAMBER OF COMMERCE.

Totals

Total revenue
$3,208,021
Total expenses
$3,389,431
Contributions and grants received
$405,139
Grants paid
$0
Program service revenue
$2,710,258
Investment income
$92,624
Other revenue
$0
Total assets, end of year
$4,721,313
Total liabilities, end of year
$2,717,464
Net assets or fund balances, end of year
$2,003,849
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$2,436,144

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $405,139

  • 2a · Program service revenue: WALK OF FAME

    total $1,166,066 · related or exempt $1,166,066

  • 2b · Program service revenue: LICENSING REVENUE

    total $974,424 · related or exempt $974,424

  • 2c · Program service revenue: SPECIAL EVENTS

    total $515,191 · related or exempt $515,191

  • 2d · Program service revenue: OTHER REVENUE

    total $54,577 · related or exempt $54,577

  • 3 · Investment income

    total $92,624 · excluded $92,624

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $371,968

  • 6 · Compensation of disqualified persons

    total $930,413

  • 8 · Pension plan contributions

    total $15,072

  • 9 · Other employee benefits

    total $119,751

  • 10 · Payroll taxes

    total $94,844

  • 11b · Fees: legal

    total $51,897

  • 11c · Fees: accounting

    total $104,500

  • 11f · Fees: investment management

    total $19,052

  • 16 · Occupancy

    total $319,249

  • 22 · Depreciation, depletion and amortization

    total $23,592

  • 24a · Other expenses: WALK OF FAME

    total $502,525

  • 24b · Other expenses: LICENSING EXPENSES

    total $371,376

  • 24c · Other expenses: OFFICE, SUPPLIES AND TR

    total $220,041

  • 24d · Other expenses: SPECIAL EVENT COSTS

    total $212,532

  • 24e · All other expenses

    total $32,619

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $695,599 · end of year $836,587

  • 4 · Accounts receivable

    beginning of year $394,887 · end of year $470,164

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,083 · end of year $7,269

  • 10a · Land, buildings and equipment: cost or other basis

    $250,834

  • 10b · Land, buildings and equipment: accumulated depreciation

    $166,989

  • 10c · Land, buildings and equipment, net

    beginning of year $107,437 · end of year $83,845

  • 11 · Investments: publicly traded securities

    beginning of year $2,877,754 · end of year $2,447,403

  • 15 · Other assets

    beginning of year $1,105,578 · end of year $876,045

  • 17 · Accounts payable and accrued expenses

    beginning of year $320,501 · end of year $182,322

  • 19 · Deferred revenue

    beginning of year $1,451,901 · end of year $1,642,951

  • 25 · Other liabilities

    beginning of year $1,115,998 · end of year $892,191

  • 27 · Net assets without donor restrictions

    beginning of year $2,296,938 · end of year $2,003,849

Mission and programs · 2024

Mission

THE CHAMBER'S MISSION IS TO ADVANCE A DINANMIC BUSINESS CLIMATE AND ELEVATE THE HOLLYWOOD EXPERIENCE FOR ALL. TO ACCOMPLISH THIS MISSION THE CHAMBER WILL ACT AT THE LOCAL, STATE AND FEDERAL LEVELS OF GOVERNMENT TO DEVELOP AND SUPPORT SPECIFIC PROPOSALS FOR ACTION, AND OPPOSE LEGISLATIVE AND REGULATORY EFFORTS THAT DO NOT SUPPORT THIS PRINCIPLES.

Activities or mission (Part I)

THE HOLLYWOOD CHAMBER EXISTS TO PROMOTE AND ENHANCE THE BUSINESS, CULTURAL, AND CIVIC WELL-BEING OF HOLLYWOOD.

  • LICENSING OF HOLLYWOOD ICONS: THE HOLLYWOOD SIGN AND THE HOLLYWOOD WALK OF FAME, TO ELEVATE THE HOLLYWOOD BRAND AND EXPERIENCE.

    Expenses $493,581

  • THE CHAMBER INDUCTS CELEBRITIES INTO THE HOLLYWOOD WALK OF FAME. CREATED AS A MARKETING ATTRACTION FOR THE COMMUNITY, IT HAS BECOME AN ECONOMIC ENGINE FOR THE REGION AND A HISTORIC LANDMARK THAT ATRACTS MILLIONS OF TOURISTS TO HOLLYWOOD EACH YEAR.

    Expenses $670,194

  • SPECIAL EVENTS TO PROMOTE HOLLYWOOD.

    Expenses $1,272,369

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • STEVEN NISSEN

    PRESIDENT & CEO

    Total calculated
    $381,831
    From this org
    $379,831
    From related orgs
    $0
    Other
    $2,000
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $379,531
    Bonus
    $0
    Other
    $300
    Deferred
    $2,000
    Nontaxable benefits
    $0
    Filer's total
    $381,831
  • SARAH ZURELL

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JERALD NEUMAN

    SENIOR VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MATT FRITCH

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • LONDON KEMP-BOYKIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • GLORIA DOMINGUEZ

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • VAUGHN DAVIS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • YVETTE ESTRADA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PAMELA MARCELLO

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • DAVID SIMON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • DEBRA BORDEAUX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ILYSHA BUSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KOBI DANAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARK ECHEVERRIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRIAN FOLB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL GARGANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN GILE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RAY HAHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD HOWARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BELINDA JACOBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GISSELLE KELLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MAIREAD LAWRENSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAN LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JEFF LOEB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JACKIE LUCERO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BOB LUTERBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • OTTO PADRON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD PINK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • AMONDO REDMOND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NICK RIMEDIO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LUPITA SANCHEZ CORNEJO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LEA SANDOVAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAMIE YOO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELLEN ZAMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KAYLEE KIECKER

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $156,141
    From this org
    $150,143
    From related orgs
    $0
    Other
    $5,998
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,843
    Bonus
    $0
    Other
    $300
    Deferred
    $2,000
    Nontaxable benefits
    $3,998
    Filer's total
    $156,141
  • ANA MARTINEZ-HOLLER

    VP MEDIA/TALENT RELATIONS

    Total calculated
    $145,535
    From this org
    $143,289
    From related orgs
    $0
    Other
    $2,246
    Hours/week
    40
  • AARON TAXY

    VP GOVERNMENT AFFAIRS

    Total calculated
    $150,370
    From this org
    $147,469
    From related orgs
    $0
    Other
    $2,901
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,569
    Bonus
    $0
    Other
    $900
    Deferred
    $1,001
    Nontaxable benefits
    $1,900
    Filer's total
    $150,370
  • DYLAN KENDALL

    VP BRANDING STRATEGY

    Total calculated
    $119,948
    From this org
    $119,948
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 February 2026
IRS schema version
2024v5.5
Source object
202630489349301643

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