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Nonprofit · EIN 95-4656045

FIGUEROA CORRIDOR PARTNERSHIP INC

Tax-exempt · LOS ANGELES, CA 90037

Financials

$1.7M$1.6M2023$1.8M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of FIGUEROA CORRIDOR PARTNERSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,813,626$1,751,054$62,572$283,958$130,302$153,656
December 31, 2023990$1,712,110$1,604,556$107,554$214,755$123,672$91,083
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$85,552
of which government grants
$85,552
Program service revenue
$1,700,189
Investment income
$27,885
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$196,002
Salaries, compensation and benefits (total)
$196,002
Professional fundraising fees
$0
Legal fees
$40
Accounting fees
$7,690
Occupancy
$21,026
Travel
$3,953
Program services (functional)
$1,588,854
Management and general (functional)
$162,200

Balance sheet and other

Total assets, start of year
$214,755
Total assets, end of year
$283,958
Total liabilities, end of year
$130,302
Net assets, end of year
$153,656
Net assets without donor restrictions
$153,656
Gross receipts
$1,813,626
Employees
0
Volunteers
17
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN GIBSONExecutive Dir.
Officer
1$196,002
IRENE RODRIGUEZChairman
Trustee or director, Officer
1$0
MELINDA RAMOS-ALATORREVice-Chair
Trustee or director, Officer
1$0
DARRYL HOLTERSecretary
Trustee or director, Officer
1$0
ASHLEY SAMUELSONTreasurer
Trustee or director, Officer
1$0
FRED YADEGARDirector
Trustee or director
1$0
FATHER GARY MUELLERDirector
Trustee or director
1$0
COURTNEY GREAUXDirector
Trustee or director
0$0
JASON SWEENEYDirector
Trustee or director
1$0
NEAL GOLDMANDirector
Trustee or director
1$0
MONIQUE HUDSONDirector
Trustee or director
1$0
NICK DUBIELDirector
Trustee or director
0$0
BRAD MUGGDirector
Trustee or director
1$0
ROGER CHAMMASDirector
Trustee or director
1$0
JULIUS MONGEDirector
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
JORGE REYNOSODirector
Trustee or director
1$0
DEBBIE REAMSDirector
Trustee or director
1$0
MYESHA WARDDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensation
STEPHEN GIBSONExecutive Dir.
Officer
0$162,541
IRENE RODRIGUEZChairman
Trustee or director, Officer
1$0
MELINDA RAMOS-ALATORRETreasurer
Trustee or director, Officer
1$0
DARRYL HOLTERSecretary
Trustee or director, Officer
1$0
FRED YADEGARDirector
Trustee or director, Officer
1$0
DIANA MENDOZADirector
Trustee or director
1$0
FATHER GARY MUELLERDirector
Trustee or director
1$0
ANDREA SALAZARDirector
Trustee or director
1$0
JASON SWEENEYDirector
Trustee or director
1$0
NEAL GOLDMANDirector
Trustee or director
1$0
MONIQUE HUDSONDirector
Trustee or director
1$0
RANDALL ELYDirector
Trustee or director
1$0
BRAD MUGGDirector
Trustee or director
1$0
ROGER CHAMMASDirector
Trustee or director
1$0
JULIUS MONGEDirector
Trustee or director
1$0
JORGE REYNOSODirector
Trustee or director
1$0
ANNE-MERELIE MURRELLDirector
Trustee or director
1$0
DIANNE LEEDirector
Trustee or director
1$0
KAREN OSGOODDirector
Trustee or director
1$0
MIKE O'MELVENYDirector
Trustee or director
1$0
DEBBIE REAMSDirector
Trustee or director
1$0
MYESHA WARDDirector
Trustee or director
1$0
KAYLA GARRETTDirector
Trustee or director
1$0
ASHLEY SAMUELSONDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3982 S FIGUEROA ST STE 207, LOS ANGELES, CA 90037-1215
In care of
% DARRYL HOLTER
Signed the 990
STEPHEN GIBSON, Executive Director
Phone
(213) 746-9577
Return prepared by
GTL LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4656045 or by the name FIGUEROA CORRIDOR PARTNERSHIP INC.

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

Mission

THE FIGUEROA CORRIDOR PARTNERSHIP IS RESPONSIBLE FOR THE DAILY MANAGEMENT AND PROMOTION OF THE FIGUEROA/FLOWER/VERMONT CORRIDOR, LINKING DOWNTOWN LOS ANGELES TO EXPOSITION PARK. THE PARTNERSHIP IS COMMITTED TO THE AREA'S DEVELOPMENT AS A SAFE, CLEAN, ECONOMICALLY VIBRANT, AND AESTHETICALLY PLEASING ENVIRONMENT IN WHICH TO CONDUCT BUSINESS, CONTINUE AN EDUCATION, VISIT A MUSEUM, ATTEND A SPORTING EVENT, WORSHIP, OR RESIDE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PARTNERSHIP IS A NON-PROFIT BUSINESS IMPROVEMENT DISTRICT (BID). BID AREA PROPERTY OWNERS AGREE TO AN ASSESSMENT PLAN UNDER WHICH THEY PAY ADDITIONAL ASSESSED AMOUNTS WITH THEIR PROPERTY TAX TO PAY FOR MAINTENANCE, SECURITY, AND MARKETING SERVICES ABOVE THOSE PROVIDED BY THE CITY. THE ORGANIZATION OPERATES A CLEAN TEAM TO REMOVE TRASH AND GRAFITI, A SAFETY AMBASSADOR CREW HELPS DETER CRIME, AND A MARKETING FIRM PROVIDES PUBLICITY TO THE AREA THROUGH A QUARTERLY NEWSLETTER AND MEDIA OUTREACH. THE COLLECTIVE POWER OF BRINGING TOGETHER ALL BUSINESSES, NON-PROFIT INSTITUTIONS, AND SERVICE ORGANIZATIONS HAS HELPED THE DISTRICT WORK VERY EFFECTIVELY WITH LOCAL GOVERNMENT ORGANIZATIONS AND BRING INNOVATIVE STREETSCAPE, BEAUTIFICATION, AND CULTURAL AMENITIES TO THE AREA.
    Expenses $1,588,853

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
95-4656045
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$317,442
Income (IRS master file)
$1,844,922

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,813,626$1,751,054$283,958XML
990December 2023$1,712,110$1,604,556$214,755XML
990December 2022$1,626,387$1,608,939$104,787IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 95-4656045).

Questions about FIGUEROA CORRIDOR PARTNERSHIP INC

What is the EIN of FIGUEROA CORRIDOR PARTNERSHIP INC?
The employer identification number (EIN) of FIGUEROA CORRIDOR PARTNERSHIP INC is 95-4656045.
Is FIGUEROA CORRIDOR PARTNERSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
Are donations to FIGUEROA CORRIDOR PARTNERSHIP INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FIGUEROA CORRIDOR PARTNERSHIP 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 FIGUEROA CORRIDOR PARTNERSHIP 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 FIGUEROA CORRIDOR PARTNERSHIP INC 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 FIGUEROA CORRIDOR PARTNERSHIP INC?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $196,002 (STEPHEN GIBSON, Executive Dir.).
How much revenue does FIGUEROA CORRIDOR PARTNERSHIP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,813,626, expenses of $1,751,054 and total assets of $283,958 at year end.

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