Chinese American Real Estate Professionals Association
- Assets
- $9.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Gabriel, CA
- Founding
- 12/2004
- Data as of
- 12/2016
- EIN
- 02-0661045
Organization Overview
Chinese American Real Estate Professionals Association is located in San Gabriel, CA. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese American Real Estate Professionals Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2016, Chinese American Real Estate Professionals Association generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $10.4k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO UNITE THE CHINESE REAL ESTATE PROFESSIONALS TO EXERT BENEFICAL INFLUENCE UPON PROFESSIONAL AND PROMOTE HIGHER STANDARD OF CONDUCT;TO PROVIDE EDUCATIONAL OPPORTUNITIES TO MEMBERS FOR PROFESSIONAL AND SELF IMPROVEMENT;TO ORGANIZE NETWORKING FUNCTIONS TO CREATE BUSINESS OPPORTUNITIES FOR MEMBERS;TO OUTREACH TO MAINSTREAM TRADE ASSOCIATIONS AND PARTICIPATE IN THEIR PROGRAMS;TO FURTHER THE INTEREST OF PROPERTY OWNERSHIP BY PROVIDING REAL ESTATE RELATED SEMINARS;TO INVOLVE IN MEANINGFUL COMMUNITY SERVICES AND CHARTIABLE EVENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Wu-Freedman President Elect | 0 | $0 | |
Lucia Tam President | 0 | $0 | |
Pauline Lam Vice President | 0 | $0 | |
Mel Wong Secretary | 0 | $0 | |
Margaret Chiu Treasurer | 0 | $0 | |
Lorinda Chou Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147 |
| Total Program Service Revenue | $1,040 |
| Membership dues | $11,197 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43 |
| Other Revenue | $0 |
| Total Revenue | $12,427 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $441 |
| Other expenses | $9,912 |
| Total expenses | $10,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,203 |
| Other assets | $0 |
| Total assets | $9,203 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,203 |