Breal Inc is located in Brea, CA. The organization was established in 1979. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breal Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Breal Inc generated $123.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $157.6k during the year ending 06/2024. While expenses have increased by 6.6% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BREAL IS A 30-UNIT ULTRA LOW COST SENIOR HOUSING COMPLEX PROVIDING HOUSING AT LESS THAN $350 PER MONTH, INCLUDING ALL UTILITIES, FOR LOW-INCOME SENIOR CITIZENS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brett Murdock President | 1 | $0 | |
Jonathan Ekno Director | 0 | $0 | |
Darryl Jones Director | 0 | $0 | |
Craig Livingston Treasurer | 0 | $0 | |
Patti Rodriguez Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,170 |
Total Program Service Revenue | $113,333 |
Membership dues | $0 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $16 |
Total Revenue | $123,536 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,075 |
Professional fees and other payments to independent contractors | $3,485 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $149,013 |
Total expenses | $157,573 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,108 |
Other assets | $0 |
Total assets | $224,340 |
Total liabilities | $138,483 |
Net assets or fund balances | $85,857 |