Hollywood Community Housing Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HCHC STRIVES TO TRANSFORM LIVES BY CREATING AND MANAGING SUSTAINABLE AND AFFORDABLE HOUSING THAT RESPECTS THE HISTORY, CULTURE, AND ARCHITECTURE OF THE COMMUNITIES WE SERVE. WE PROVIDE SERVICES AND ACCESS TO RESOURCES TO IMPROVE THE QUALITY OF LIFE FOR OUR RESIDENTS.
- Income
- $12.9 million
- Spending
- $13.8 million
- Spent on programs
- 96%
- Reserves
- -80.3 months of spending
- Largest source of income
- fees for its services, 88%
- Employees
- 54
- Volunteers
- 12
- Highest pay
- $230,398, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 31 out of 100. Higher than 10% of charities in its peer group (housing, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 95% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 44% of charities in its peer group (housing, $10m to $100m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $12.0 million spent. HCHC'S PROPERTY & ASSET MANAGEMENT DEPARTMENTS ENSURE THE LONG-TERM HEALTH AND SUSTAINABILITY OF THE ORGANIZATION'S HOUSING PORTFOLIO FOR THE BENEFIT OF RESIDENTS AND THE BROADER COMMUNITY. THE TEAMS MONITOR FINANCIAL PERFORMANCE, SUPERVISE PROPERTY OPERATIONS, AND WORK CLOSELY WITH THE HOUSING DEVELOPMENT DEPARTMENT TO ALIGN BUILDING DESIGN, MAINTENANCE, AND OPERATIONS WITH LONG-TERM AFFORDABILITY AND SUSTAINABILITY GOALS. AS OF DECEMBER 31, 2024, HCHC DIRECTLY MANAGED 888 APARTMENTS AND CONTINUES EXPANDING ITS SELF-MANAGEMENT CAPACITY TO STRENGTHEN QUALITY CONTROL AND RESIDENT SATISFACTION. THE DEPARTMENT ALSO LEADS INITIATIVES TO REDUCE OPERATING COSTS AND ENVIRONMENTAL IMPACT THROUGH ENERGY-EFFICIENCY IMPROVEMENTS, GREEN BUILDING PRACTICES, AND PREVENTATIVE MAINTENANCE PLANNING.
- $750,689 spent. HCHC'S HOUSING DEVELOPMENT DEPARTMENT LEADS THE CREATION OF AFFORDABLE AND PERMANENT SUPPORTIVE HOUSING ACROSS LOS ANGELES COUNTY. THE TEAM MANAGES EVERY STAGE OF THE DEVELOPMENT PROCESS, FROM SITE ACQUISITION AND DESIGN TO CONSTRUCTION AND LEASE-UP, WITH A FOCUS ON LONG-TERM COMMUNITY BENEFIT, ENVIRONMENTAL SUSTAINABILITY, AND DESIGN EXCELLENCE. SINCE ITS FOUNDING, HCHC HAS COMPLETED 33 DEVELOPMENTS THAT PROVIDE 1,296 AFFORDABLE HOMES FOR MORE THAN 2,600 RESIDENTS, INCLUDING FAMILIES, SENIORS, AND INDIVIDUALS WITH SPECIAL NEEDS. NEARLY 40 PERCENT OF HCHC'S HOMES SERVE RESIDENTS WHO HAVE EXPERIENCED HOMELESSNESS, LIVE WITH DISABILITIES OR HIV/AIDS, OR FACE OTHER BARRIERS TO STABLE HOUSING. HCHC IS CURRENTLY ADVANCING SEVERAL NEW PROJECTS THAT WILL EXPAND ITS IMPACT AND CONTINUE TO ADDRESS THE REGION'S URGENT HOUSING NEEDS.
- $437,237 spent. HCHC'S RESIDENT SERVICES DEPARTMENT SUPPORTS THE STABILITY AND WELL-BEING OF RESIDENTS LIVING IN THE ORGANIZATION'S AFFORDABLE HOUSING COMMUNITIES. THE TEAM PROVIDES CARE COORDINATION, REFERRALS FOR MENTAL HEALTH SUPPORT, CRISIS INTERVENTION, AND CONNECTIONS TO COMMUNITY RESOURCES THAT HELP RESIDENTS MAINTAIN HOUSING AND IMPROVE QUALITY OF LIFE. RESIDENT SERVICES ALSO OFFERS PROGRAMS SUCH AS ENGLISH AS A SECOND LANGUAGE CLASSES, GED INSTRUCTION, LIFE-SKILLS WORKSHOPS, AND ENRICHMENT ACTIVITIES FOR CHILDREN AND SENIORS. HCHC OPERATES A WEEKLY FOOD PANTRY THAT SERVES BOTH RESIDENTS AND COMMUNITY MEMBERS, PROVIDING GROCERIES AND ESSENTIAL ITEMS TO HUNDREDS OF HOUSEHOLDS EACH YEAR. THROUGH THESE PROGRAMS, THE RESIDENT SERVICES DEPARTMENT FOSTERS STABLE, SUPPORTIVE COMMUNITIES WHERE RESIDENTS CAN THRIVE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.