Bridge Association Of Realtors is located in Berkeley, CA. The organization was established in 1939. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Bridge Association Of Realtors employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Association Of Realtors 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, Bridge Association Of Realtors generated $886.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $907.7k during the year ending 12/2022. While expenses have increased by 3.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BRIDGE ASSOCIATION OF REALTORS SUPPORTS IT'S MEMBERS BY PROVIDING THEM WITH SERVICES AND PRODUCTS THEY REQUIRE TO OPERATE PROFESSIONALLY & PROFITABLY, WHILE EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE ASSOCIATION OF REALTORS SUPPORTS IT'S MEMBERS BY PROVIDING THEM WITH SERVICES AND PRODUCTS THEY REQUIRE TO OPERATE PROFESSIONALLY & PROFITABLY, WHILE EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Davina Lara CEO & Secretary | Officer | 40 | $58,081 |
Michael Bardales Director | Trustee | 5 | $0 |
Bita Azizi Director | Trustee | 2 | $0 |
Patricia Bennett Director | Trustee | 2 | $0 |
Diane Crosby Director | Trustee | 2 | $0 |
Kim Cleghorn Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $52,964 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,964 |
Total Program Service Revenue | $753,935 |
Investment income | $2,773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $128,303 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$55,110 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $3,204 |
Miscellaneous Revenue | $0 |
Total Revenue | $886,069 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $58,081 |
Compensation of current officers, directors, key employees. | $5,808 |
Compensation to disqualified persons | $324,706 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,226 |
Payroll taxes | $28,862 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,158 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $35,917 |
Office expenses | $28,093 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $63,766 |
Travel | $142,562 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $38,441 |
Insurance | $10,542 |
All other expenses | $41,000 |
Total functional expenses | $907,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,729,284 |
Savings and temporary cash investments | $102,354 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,981 |
Prepaid expenses and deferred charges | $106,003 |
Net Land, buildings, and equipment | $798,660 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $360,828 |
Total assets | $4,108,110 |
Accounts payable and accrued expenses | $14,878 |
Grants payable | $0 |
Deferred revenue | $386,819 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $379,876 |
Total liabilities | $781,573 |
Net assets without donor restrictions | $0 |
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 | $3,326,537 |
Total liabilities and net assets/fund balances | $4,108,110 |