Chinese-American Real Estate Association Usa Inc
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- 02/2005
- Data as of
- 06/2023
- EIN
- 13-4016452
Organization Overview
Chinese-American Real Estate Association Usa Inc is located in Flushing, NY. The organization was established in 2005. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter 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 Association USA Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Chinese-American Real Estate Association USA Inc generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $10.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANAZATION WAS SUCCESSFULLY HOSTED A FEW EVENTS, TO GATHER AND IMPROVE NYC AND LONG ISLAND AREAS REAL ESTATE PROFESSIONALS NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Seto President | 5 | $0 | |
Erez Daniel Vice President | 2 | $0 | |
Hillman Lam Secretary | 1 | $0 | |
Leo Zhang Assistant Secretary | 1 | $0 | |
Christine Chen Treasurer | 1 | $0 | |
Rita Tam Lee Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,034 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,473 |
| Other Revenue | $0 |
| Total Revenue | $8,507 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,952 |
| Total expenses | $10,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,322 |
| Other assets | $0 |
| Total assets | $2,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,722 |