Figueroa Corridor Partnership Inc
Public records raise at least one point you should look into before giving.
What it says it does
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.
- Income
- $1.8 million
- Spending
- $1.8 million
- Employees
- 0
- Volunteers
- 17
- Highest pay
- $196,002, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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 (1)
- $1.6 million spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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)(6) business league.
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? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 February 2000.
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.