West San Gabriel Valley Realtors is located in San Gabriel, CA. The organization was established in 2019. 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. As of 12/2021, West San Gabriel Valley Realtors employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West San Gabriel Valley 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 12/2021, West San Gabriel Valley Realtors generated $2.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. 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
REALTOR MEMBERSHIP DUES AND FREE REAL ESTATE EDUCATION CLASSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: AFFILIATE & REALTOR MEMBERSHIP DUES
MEMBERSHIP PROGRAMS: EDUCATION CLASSES/GLOBAL CLASSES, COMMITTEE EVENTS FOR MEMBERS AND INSTALLATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Albert Tran Executive Officer | Officer | 40 | $131,230 |
Mindy Yeh President | OfficerTrustee | 17 | $8,877 |
Brian Chen Director, President-Elect | Trustee | 5 | $723 |
Ling Chow Vice President | OfficerTrustee | 10 | $0 |
Lorraine F Clark Treasurer | OfficerTrustee | 10 | $0 |
Yin Bihr Secretary | OfficerTrustee | 10 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,189,446 |
Investment income | $1,887 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $187,028 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,400,579 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
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. | $178,671 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $266,924 |
Pension plan accruals and contributions | $6,996 |
Other employee benefits | $58,604 |
Payroll taxes | $31,356 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,577 |
Fees for services: Accounting | $13,910 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,369 |
Advertising and promotion | $0 |
Office expenses | $68,442 |
Information technology | $50,445 |
Royalties | $0 |
Occupancy | $153,775 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $84,733 |
Interest | $4,138 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $58,851 |
Insurance | $12,030 |
All other expenses | $0 |
Total functional expenses | $2,200,342 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $602,336 |
Savings and temporary cash investments | $1,005,089 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $140,702 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $23,370 |
Prepaid expenses and deferred charges | $51,626 |
Net Land, buildings, and equipment | $3,031,723 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $2,407 |
Other assets | $45 |
Total assets | $4,857,298 |
Accounts payable and accrued expenses | $161,588 |
Grants payable | $0 |
Deferred revenue | $884,679 |
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 | $397,803 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,444,070 |
Net assets without donor restrictions | $3,413,228 |
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 | $4,857,298 |
Over the last fiscal year, we have identified 1 grants that West San Gabriel Valley Realtors has recieved totaling $5,156.
Awarding Organization | Amount |
---|---|
California Association Of Realtors Inc Los Angeles, CA PURPOSE: ADVOCACY | $5,156 |
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