Downtown Center Business Improvement District Management Corporation

Nonprofit profile at a glance

EIN
954653987
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Los Angeles, CA, USA
Phone
2136242146
Rating confidence
Limited
Sector
Community, Neighborhood Development

Reported finances

Revenue
$8,948,898
Expenses
$8,898,500
Assets
$2,918,358
Liabilities
$2,820,169

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • SUZANNE HOLLEY (PRESIDENT & CEO)
  • NICHOLAS GRIFFIN (EXECUTIVE VICE PRESIDENT)

Highest reported compensation

  • SUZANNE HOLLEY (PRESIDENT & CEO): $300,822 total reported compensation
  • NICHOLAS GRIFFIN (EXECUTIVE VICE PRESIDENT): $243,743 total reported compensation
  • GABRIEL YEAGER (DIR, PLACEMAKING & EVENTS): $147,509 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve and convey special benefits to properties located within the central business district of the city of los angeles (the city).

What it reported doing in 2025

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

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 77
  • Accountability: 86
  • Sustainability: 21
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92%; rating input score 92; 23rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.6%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.97; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 9.2%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 23 of 25 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $301K · 28 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $5.2M reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.