Hollywood Community Housing Corp.

Building Stories of Hope

aka HCHC   |   Los Angeles, CA   |
GuideStar Charity Check

Hollywood Community Housing Corp.

EIN: 95-4198215


Hollywood Community Housing Corporation transforms communities by creating affordable housing that achieves design excellence and environmental sustainability, while at the same time respecting the history, culture and architecture of the communities we serve. HCHC strives to transform lives by providing services and access to resources that improve the quality of life for our residents.

Ruling year info


Executive Director

Sarah Letts

Main address

5020 Santa Monica Boulevard

Los Angeles, CA 90029 USA

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Subject area info

Housing development

Personal services

Housing for the homeless

Population served info

Children and youth




Economically disadvantaged people

NTEE code info

Housing Development, Construction, Management (L20)

Personal Social Services (P50)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Affordable Housing

HCHC’s core programs include affordable housing, supportive housing, and supportive services for residents. Residents of HCHC properties have extremely low- to low-incomes, typically earning below 60% of the area median income (AMI). Over 30% of HCHC’s housing units are designated for special needs individuals and their families, those disabled by HIV/AIDS, chronically homeless and/or persons living with co-occurring and multiple conditions.

Population(s) Served

HCHC’s Supportive Services program provides care coordination, referral and linkages to resources, group/individual therapy, crisis intervention, a food pantry, ESL classes, GED instruction, life-skills classes, credit counseling and other financial literacy courses. HCHC’s food pantry is open twice a week to HCHC residents and the community at large and provides 300 households, comprised of nearly 800 individuals, with food staples, meat and vegetables every month. HCHC’s Books, Backpacks and Bright Futures program is dedicated to providing educational enrichment programs that support the academic success and nurture a love of learning for the children of HCHC. Partnerships with community organizations bring additional services such as afterschool programs, youth mentoring and college awareness for families. A partnership with the Hollywood Boys and Girls Club provides free access to after school and summer programs for children who live in HCHC apartments. HCHC provides free office space to Visionary Youth Center, a non-profit organization that provides homework tutoring and college workshops to youth who reside in the HCHC buildings and in the community.

Population(s) Served

Where we work


Hollywood Community Housing Corp.
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 Hollywood Community Housing 2016 2015
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990


Average of 0.16 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990


Average of 11.3 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990


Average of 15% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Hollywood Community Housing Corp.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Hollywood Community Housing Corp.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Hollywood Community Housing Corp.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Hollywood Community Housing Corp.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $2,833,088 $4,784,017 $6,922,570 $3,204,913 -$8,964,753
As % of expenses 101.6% 189.5% 252.8% 106.6% -114.4%
Unrestricted surplus (deficit) after depreciation $2,649,115 $4,636,054 $6,782,319 $3,088,274 -$10,537,351
As % of expenses 89.1% 173.5% 235.6% 98.9% -112.0%
Revenue composition info
Total revenue (unrestricted & restricted) $5,343,227 $7,233,008 $6,126,159 $6,232,161 $9,106,677
Total revenue, % change over prior year 71.4% 35.4% -15.3% 1.7% 46.1%
Program services revenue 40.3% 78.9% 79.8% 80.7% 85.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.1% 0.6% 1.2%
Government grants 47.4% 3.7% 15.1% 4.9% 8.2%
All other grants and contributions 10.6% 11.7% 4.2% 11.7% 5.1%
Other revenue 1.8% 5.8% 0.8% 2.1% 0.4%
Expense composition info
Total expenses before depreciation $2,788,432 $2,524,190 $2,738,454 $3,006,816 $7,834,075
Total expenses, % change over prior year 6.4% -9.5% 8.5% 9.8% 160.5%
Personnel 59.0% 70.4% 67.3% 68.4% 39.0%
Professional fees 10.5% 2.8% 2.7% 6.9% 11.1%
Occupancy 0.0% 4.6% 3.7% 1.4% 40.5%
Interest 2.5% 1.7% 3.1% 5.1% 0.5%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 28.0% 20.6% 23.1% 18.1% 8.9%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $2,972,405 $2,672,153 $2,878,705 $3,123,455 $9,406,673
One month of savings $232,369 $210,349 $228,205 $250,568 $652,840
Debt principal payment $0 $1,074,761 $0 $0 $0
Fixed asset additions $1,395,856 $3,947,389 $3,355,886 $1,616,327 $40,507,360
Total full costs (estimated) $4,600,630 $7,904,652 $6,462,796 $4,990,350 $50,566,873

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 12.8 9.3 22.8 14.8 10.5
Months of cash and investments 12.8 9.3 22.8 14.8 15.8
Months of estimated liquid unrestricted net assets 27.2 52.1 77.8 83.1 15.8
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $2,984,117 $1,965,328 $5,197,694 $3,714,852 $6,843,417
Investments $0 $0 $0 $0 $3,479,850
Receivables $507,298 $379,127 $12,785,137 $12,697,603 $12,834,072
Gross land, buildings, equipment (LBE) $6,986,983 $10,955,928 $13,861,687 $15,476,242 $87,862,782
Accumulated depreciation (as a % of LBE) 28.0% 19.4% 13.1% 12.5% 40.3%
Liabilities (as a % of assets) 72.6% 59.5% 51.5% 48.0% 88.1%
Unrestricted net assets $6,327,434 $10,963,488 $17,745,807 $20,834,081 $10,296,730
Temporarily restricted net assets $355,173 $463,218 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $355,173 $463,218 $64,568 $85,000 $145,000
Total net assets $6,682,607 $11,426,706 $17,810,375 $20,919,081 $10,441,730

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization

Executive Director

Sarah Letts

Number of employees

Source: IRS Form 990

Hollywood Community Housing Corp.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Hollywood Community Housing Corp.

Highest paid employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Hollywood Community Housing Corp.

Board of directors
as of 03/29/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Father Michael Gutierrez

St. John the Baptist Church

Nisha Vyas

Western Center on Law & Poverty

Rocky Collis

Acceleron Law Group

Rayne Laborde Ruiz


Elena Frias

Esperanza Community Housing

Lynn Hansen

Aeris Insight

Cynthia Phung


Organizational demographics

SOURCE: Self-reported; last updated 3/29/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity


Sexual orientation

No data


No data


Fiscal year ending
There are no fundraisers recorded for this organization.