Nonprofit · EIN 95-4653987
DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC
Tax-exempt · LOS ANGELES, CA 90017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,948,898 | $8,898,500 | $50,398 | $2,918,358 | $2,820,169 | $98,189 |
| December 31, 2024 | 990 | $9,482,962 | $9,447,070 | $35,892 | $3,171,199 | $3,123,408 | $47,791 |
| December 31, 2023 | 990 | $8,043,986 | $8,292,703 | -$248,717 | $1,880,912 | $1,870,198 | $10,714 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,795,693
- Investment income
- $152,936
- Net gain from sales of assets
- $16,000
- Other revenue
- $269
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $544,565
- Other salaries and wages
- $1,188,561
- Salaries, compensation and benefits (total)
- $2,008,966
- Professional fundraising fees
- $0
- Legal fees
- $54,790
- Accounting fees
- $99,546
- Occupancy
- $457,030
- Travel
- $96,919
- Depreciation
- $64,263
Balance sheet and other
- Total assets, start of year
- $3,171,199
- Total assets, end of year
- $2,918,358
- Total liabilities, end of year
- $2,820,169
- Net assets, end of year
- $98,189
- Land, buildings and equipment
- $156,475
- Net assets without donor restrictions
- $98,189
- Gross receipts
- $8,948,898
- Employees
- 13
- Volunteers
- 25
- Year formed
- 1997
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE HOLLEY | PRESIDENT & CEO Trustee or director, Officer | 40 | $262,186 | $38,636 |
| NICHOLAS GRIFFIN | EXECUTIVE VICE PRESIDENT Key employee | 40 | $229,195 | $14,548 |
| GABRIEL YEAGER | DIR, PLACEMAKING & EVENTS Highest-paid employee | 40 | $132,136 | $15,373 |
| JORGE CASTRO VILLALOBOS | VP OF OPERATIONS Highest-paid employee | 40 | $106,679 | $16,537 |
| ADAM DANESHGAR | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT CUSHMAN | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STACY LIEBERMAN | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK MESSANA | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CARI WOLK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAN COTE | TREASURER & PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALEX ARROYO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NEJDEH AVEDIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER CAWLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM DACUNTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EVAN GROBECKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMON HA | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT HANASAB | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNI HARRIS | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN HEKMAT JOINED SEPT 2025 | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF HERRERA | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER KALLEND | BOARD MEMBER Trustee or director | 1 | $0 |
| BONNY KIRIN-PEREZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JOAN MCLANE | BOARD MEMBER Trustee or director | 1 | $0 |
| ELYSE MALLOUK | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL PFANNKUCHE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK SPECTOR | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE SUZUKI | BOARD MEMBER Trustee or director | 1 | $0 |
| DULCE VASQUEZ | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE HOLLEY | PRESIDENT & CEO Trustee or director, Officer | 40 | $256,565 | $35,762 |
| NICHOLAS GRIFFIN | EXECUTIVE VICE PRESIDENT Key employee | 40 | $231,745 | $14,669 |
| BREE VON FAITH | VP OF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $175,484 | $18,782 |
| JORGE CASTRO VILLALOBOS | VP OF OPERATIONS Highest-paid employee | 40 | $144,961 | $17,794 |
| GABRIEL YEAGER | DIR, PLACEMAKING & EVENTS Highest-paid employee | 40 | $125,199 | $6,024 |
| ADAM DANESHGAR | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT CUSHMAN | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STACY LIEBERMAN | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CARI WOLK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAN COTE | TREASURER & PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALEX ARROYO | BOARD MEMBER (JOINED 11/24) Trustee or director | 1 | $0 | $0 |
| NEJDEH AVEDIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER CAWLEY | BOARD MEMBER (JOINED 11/24) Trustee or director | 1 | $0 | $0 |
| WILLIAM DACUNTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EVAN GROBECKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SIMON HA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HANASAB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNI HARRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF HERRERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER KALLEND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BONNY KIRIN-PEREZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOAN MCLANE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELYSE MALLOUK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK MESSANA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL PFANNKUCHE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK SPECTOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOE SUZUKI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DULCE VASQUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SAULI DANPOUR | BOARD MEMBER (LEFT 03/24) Trustee or director | 1 | $0 | $0 |
| ERIC GROSSMAN | BOARD MEMBER (LEFT 03/24) Trustee or director | 1 | $0 | $0 |
| STUART MORKUN | BOARD MEMBER (LEFT 09/24) Trustee or director | 1 | $0 | $0 |
| MICHAEL WILSON | BOARD MEMBER (LEFT 11/24) Trustee or director | 1 | $0 | $0 |
| JEFFREY YAMASHIROYA | BOARD MEMBER (LEFT 03/24) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE HOLLEY | PRESIDENT & CEO Trustee or director, Officer | 40 | $248,149 | $33,394 |
| NICHOLAS GRIFFIN | EXECUTIVE DIRECTOR Key employee | 40 | $217,350 | $1,057 |
| BREE VON FAITH | VP OF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $162,320 | $17,697 |
| JORGE CASTRO VILLALOBOS | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $144,745 | $15,467 |
| DAN COTE | CHAIR Trustee or director, Officer | 40 | $0 | $0 |
| ROBERT CUSHMAN | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ADAM DANESHGAR | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STACY LIEBERMAN | EXECUTIVE VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SAULI DANPOUR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CARI WOLK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NEJDEH AVEDIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOY BRATHWAITE | BOARD MEMBER (LEFT 11/23) Trustee or director | 1 | $0 | $0 |
| BARBARA BUNDY | BOARD MEMBER (LEFT 9/23) Trustee or director | 1 | $0 | $0 |
| WILLIAM DACUNTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EVAN GROBECKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC GROSSMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SIMON HA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HANASAB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNI HARRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NILES HARRIS | BOARD MEMBER (LEFT 6/23) Trustee or director | 1 | $0 | $0 |
| JEFF HERRERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER KALLEND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BONNY KIRIN-PEREZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOAN MCLANE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT MORGAN | BOARD MEMBER (LEFT 4/23) Trustee or director | 1 | $0 | $0 |
| STUART MORKUN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL PFANNKUCHE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PEKLAR PILAVJIAN | BOARD MEMBER (LEFT 4/23) Trustee or director | 1 | $0 | $0 |
| MARK SPECTOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NASH TENNANT | BOARD MEMBER (LEFT 11/23) Trustee or director | 1 | $0 | $0 |
| DULCE VASQUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL WILSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY YAMASHIROYA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 WILSHIRE BLVD STE 870, LOS ANGELES, CA 90017-3224
- In care of
- % SUZANNE P HOLLEY
- Principal officer (990 for 2025)
- SUZANNE HOLLEY, 600 WILSHIRE BOULEVARD 870, LOS ANGELES, CA 90017
- Signed the 990
- SUZANNE HOLLEY, PRESIDENT & CEO
- Phone
- (213) 624-2146
- Website
- HTTP:/WWW.DOWNTOWNLA.COM
- Return prepared by
- GREEN HASSON & JANKS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4653987 or by the name DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC.
- 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 AND CONVEY SPECIAL BENEFITS TO PROPERTIES LOCATED WITHIN THE CENTRAL BUSINESS DISTRICT OF THE CITY OF LOS ANGELES (THE CITY).
Program accomplishments
- PROGRAMS AND SERVICES PROVIDED BY DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT (DCBID) INCLUDE THE FOLLOWING:PUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND WORKING RELATIONSHIPS WITH LOS ANGELES POLICE, LOS ANGELES SHERIFF, AND LOS ANGELES FIRE DEPARTMENTS.MAINTENANCE - MAINTAINING CLEAN SIDEWALKS AND CURBS AND GARBAGE REMOVAL.COMMUNITY SERVICE - TO DEVELOP AND IMPLEMENT SOCIAL PROGRAMS THAT COORDINATE WITH OTHER SOCIAL SERVICE ORGANIZATIONS LOCATED WITHIN THE PRESIDING AREA.DESTINATION MARKETING - PROMOTING DOWNTOWN LOS ANGELES THROUGH THE GENERAL MEDIA AND SPECIAL EVENTS.ECONOMIC DEVELOPMENT - TO RETAIN AND DEVELOP PROSPECTIVE BUSINESSES WITHIN DCBID.SPECIAL PROJECTS - DISTRICT-WIDE MAINTENANCE PROGRAM FOR THE REMOVAL OF TRASH AND GRAFFITI, AND WEED ABATEMENT.PLACEMAKING - TO BOLSTER DOWNTOWN'S PUBLIC REALM WITH COMMUNITY EVENTS AND ACTIVATIONS
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 | 990 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
- 95-4653987
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $2,918,358
- Income (IRS master file)
- $8,948,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,948,898 | $8,898,500 | $2,918,358 | XML |
| 990 | December 2024 | $9,482,962 | $9,447,070 | $3,171,199 | XML |
| 990 | December 2023 | $8,043,986 | $8,292,703 | $1,880,912 | XML |
| 990 | December 2022 | $7,616,583 | $7,904,445 | $2,456,710 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 95-4653987).
Questions about DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC
- What is the EIN of DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC?
- The employer identification number (EIN) of DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC is 95-4653987.
- Is DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
- Are donations to DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC 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 DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC 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 DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC?
- The 990 for the year ended December 31, 2025 names SUZANNE HOLLEY.
- Who are the officers and directors of DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC?
- The 990 for the year ended December 31, 2025 lists 28 people; 4 received compensation from the organization, the highest $262,186 (SUZANNE HOLLEY, PRESIDENT & CEO).
- How much revenue does DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,948,898, expenses of $8,898,500 and total assets of $2,918,358 at year end.
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