Central Hollywood Coalition

“As of january 1, 2020, the organization has a memorandum of understanding with the hollywood partnership which eliminates the prior service agreement and gives authority of any future expenditures to those former central hollywood coalition board members who sit on the current hollywood partnership board during the wind-down of the organization and official dissolution.at the october 19,2023 board meeting, the members representing the central hollywood coalition voted in favor of proceeding with the official dissolution. On this date the board also approved a one-time contibution of the remaining chc legacy funds to hollywood partnership community trust for the restricted purpose of implementing capital improvement projects in the former chc service area. On november 1, 2023 a restricted contribution of $62,486 was made to the hollywood partnership community trust.”

“The cpa firm prepares the form 990, which is reviewed by mr. Jose gonzalez who maintains the financials for the organization. A draft of the form 990 is then sent to the hollywood partnerships president & ceo, for review and approval. The president reviews the form 990 for completeness and accuracy and provides a copy of the form 990 to all board members. The accounting firm processes the form 990 and sends it to the president for signature.”

“The organizations bylaws require board members to disclose conflicts; it is part of a directors handbook that is distributed, signed, and acknowledged by each board member. The organization monitors and enforces compliance with the conflict of interest policy on a regular and consistent basis.”

“The organization reviews and considers all requests and will make its governing documents and financial statements available to the public on a case by case basis in accordance with state and federal law.”