Asian Real Estate Association Of America Northern New Jersey Cptr
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 08/2015
- Data as of
- 12/2017
- EIN
- 32-0445327
Organization Overview
Asian Real Estate Association Of America Northern New Jersey Cptr is located in Morristown, NJ. The organization was established in 2015. 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. Asian Real Estate Association Of America Northern New Jersey Cptr 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 12/2017, Asian Real Estate Association Of America Northern New Jersey Cptr generated $28.5k 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 (41.8%) each year. All expenses for the organization totaled $20.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (50.6%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED EDUCATIONAL EVENTS OF HOMEOWNERSHIP TO MORE THAN 500 REAL ESTATE INDUSTRY PROFESSIONALS IN 2017
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meiling Lee President | 15 | $0 | |
Brenda Giacumbo Vice President | 15 | $0 | |
Mary Jane Codey Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,020 |
| Total Program Service Revenue | $5,263 |
| Membership dues | $6,175 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,458 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,509 |
| Total expenses | $20,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,962 |
| Other assets | $0 |
| Total assets | $9,962 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,962 |
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