Pacific West Association Of Realtors Inc
- Assets
- $20.1m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 30
- Location
- Anaheim, CA
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 33-0729887
Organization Overview
Pacific West Association Of Realtors Inc is located in Anaheim, CA. The organization was established in 2016. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Pacific West Association Of Realtors Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific West Association Of Realtors 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 12/2021, Pacific West Association Of Realtors Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PACIFIC WEST ASSOCIATION OF REALTORS, INC. (THE "ASSOCIATIONX OR "PWR") IS A CALIFORNIA NON-PROFIT CORPORATION THAT PROVIDES VARIOUS SERVICES, SUCH AS EDUCATION, PROMOTION, PUBLIC RELATIONS, SALE OF SUPPLIES AND MULTIPLE LISTING SERVICES TO MEMBERS INVOLVED IN THE REAL ESTATE INDUSTRY.IN LATE 2010, PWR CREATED THE PACIFIC WEST ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE (PWRMLS), A WHOLLY-OWNED SUBSIDIARY OF PWR. ALTHOUGH NOT ACTIVE AT THIS TIME AND WITH NO SIGNIFICANT ASSETS, THE PURPOSE OF FORMING THE NEW ENTITY WAS TO ALLOW PWR TO EXPLORE THE POSSIBILITY OF OFFERING ITS MEMBERS MLS SERVICES DIRECTLY THROUGH PWR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACIFIC WEST ASSOCIATION OF REALTORS, INC. (THE "ASSOCIATIONX OR "PWR") IS A CALIFORNIA NON-PROFIT CORPORATION THAT PROVIDES VARIOUS SERVICES, SUCH AS EDUCATION, PROMOTION, PUBLIC RELATIONS, SALE OF SUPPLIES AND MULTIPLE LISTING SERVICES TO MEMBERS INVOLVED IN THE REAL ESTATE INDUSTRY.IN LATE 2010, PWR CREATED THE PACIFIC WEST ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE (PWRMLS), A WHOLLY-OWNED SUBSIDIARY OF PWR. ALTHOUGH NOT ACTIVE AT THIS TIME AND WITH NO SIGNIFICANT ASSETS, THE PURPOSE OF FORMING THE NEW ENTITY WAS TO ALLOW PWR TO EXPLORE THE POSSIBILITY OF OFFERING ITS MEMBERS MLS SERVICES DIRECTLY THROUGH PWR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Hawkins CEO | Officer | 40 | $330,644 |
Robert Kidd Vp-Finance/adm | Officer | 40 | $204,101 |
Lalaine Castillo Vp-Mrkting/comm | Officer | 40 | $192,478 |
Robert Rivas Vp-Operations | Officer | 40 | $159,177 |
Iryn Agabon Exec Assistant | 40 | $135,404 | |
Lori Smith Vp-Prof Standards | 40 | $132,860 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,590,039 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $464,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,054,739 |
| Total Program Service Revenue | $30,549 |
| Investment income | $144,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,589 |
| Net Gain/Loss on Asset Sales | $405,278 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $455,176 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,318,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,315 |
| Grants and other assistance to domestic individuals. | $17,766 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $886,400 |
| Compensation of current officers, directors, key employees. | $88,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,860,441 |
| Pension plan accruals and contributions | $219,922 |
| Other employee benefits | $180,648 |
| Payroll taxes | $200,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,700 |
| Fees for services: Other | $121,230 |
| Advertising and promotion | $35,091 |
| Office expenses | $46,881 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,536 |
| Travel | $65,363 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $107,280 |
| Interest | $29,561 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $204,439 |
| Insurance | $17,194 |
| All other expenses | $245,279 |
| Total functional expenses | $8,905,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,651,307 |
| Savings and temporary cash investments | $445,158 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,543,149 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,659 |
| Prepaid expenses and deferred charges | $323,396 |
| Net Land, buildings, and equipment | $5,756,609 |
| Investments—publicly traded securities | $10,294,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,263 |
| Other assets | $0 |
| Total assets | $20,065,190 |
| Accounts payable and accrued expenses | $397,906 |
| Grants payable | $0 |
| Deferred revenue | $3,467,725 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,192,554 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,979,239 |
| Total liabilities | $7,037,424 |
| Net assets without donor restrictions | $13,027,766 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,065,190 |
Grants Awarded
Over the last fiscal year, Pacific West Association Of Realtors Inc has awarded $60,315 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Anaheim, CA PURPOSE: MANAGEMENT SUPPORT | $45,315 |
Los Angeles, CA PURPOSE: EVENT SPONSORSHIP | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pacific West Association Of Realtors Inc has recieved totaling $44,641.
| Awarding Organization | Amount |
|---|---|
California Association Of Realtors Inc Los Angeles, CA PURPOSE: ADVOCACY | $44,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Regional Examining Board Phoenix, AZ | $0 | $7,805,212 |
The Better Business Bureau Inc Phoenix, AZ | $11,570,437 | $16,919,340 |
Pacific West Association Of Realtors Inc Anaheim, CA | $20,065,190 | $11,318,447 |
Businesses United In Investing Lending And Development Redwood City, CA | $15,281,937 | $16,419,583 |
Enterprise Foundation San Jose, CA | $843,322 | $6,921,921 |
All Raise San Francisco, CA | $16,909,959 | $6,096,804 |
Forth Portland, OR | $1,266,604 | $3,911,296 |
Authorized Taxicab Supervision Inc Los Angeles, CA | $2,022,494 | $4,283,831 |
Better Business Bureau Of Los Angeles And Silicon Valley Inc San Jose, CA | $3,931,110 | $3,510,578 |
Worldatwork Society Of Certified Professionals Scottsdale, AZ | $12,717,541 | $3,104,582 |
National Center For Employee Ownership Oakland, CA | $2,735,195 | $3,448,060 |
Better Business Bureau Of Sacramento Sacramento, CA | $4,950,404 | $3,352,170 |