Residential Purchasing Corporation
- Assets
- $138.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canoga Park, CA
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 71-0877303
Organization Overview
Residential Purchasing Corporation is located in Canoga Park, CA. The organization was established in 2003. 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. Residential Purchasing Corporation 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 12/2022, Residential Purchasing Corporation generated $88.6k 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 (11.0%) each year. All expenses for the organization totaled $179.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
2022
Describe the Organization's Program Activity:
Part 3
CONFERENCES AND MEETINGS ATTENDED BY PURCHASING AGENTS AND VENDORS TO EDUCATE THE MEMBERS AND OTHERS ABOUT NEW PRODUCTS, INSTALLATION METHODS AND RELATED BUILDING TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Strawberry Noriega President | 5 | $0 | |
Lucy Cruz Vice President | 3 | $0 | |
Christy Sarin Co-Treasurer | 3 | $0 | |
Elaine Leite Co-Treasurer | 3 | $0 | |
Marie Andersen Secretary | 3 | $0 | |
Leslie Salazar Memberships | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,852 |
| Membership dues | $3,707 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,559 |
| 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 | $179,369 |
| Total expenses | $179,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,903 |
| Other assets | $0 |
| Total assets | $138,163 |
| Total liabilities | $120,267 |
| Net assets or fund balances | $17,896 |