Los Angeles Commerical Realty Association
- Assets
- $79.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Burbank, CA
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 95-4215253
Organization Overview
Los Angeles Commerical Realty Association is located in Burbank, CA. The organization was established in 1990. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Los Angeles Commerical Realty Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Commerical Realty Association 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, Los Angeles Commerical Realty Association generated $29.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $226.7k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES INFORMATION REGARDING COMMERCIAL REAL ESTATE FOR ALL OF ITS MEMBERS. THESE MEMBERS ARE ACTIVELY INVOLVED IN THE MARKETING, DEVELOPMENT AND SALES OF COMMERCIAL REAL ESTATE IN THE METROPOLITAN LOS ANGELES AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Mathews Exec Director | 35 | $101,550 | |
Jeff Badertscher Past Co-Chairmn | 1 | $0 | |
Jamie Bergante Board Member | 1 | $0 | |
Martin Caverly Co-Chairman | 1 | $0 | |
Patrick Amos Board Member | 1 | $0 | |
Peter Collins Co-Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,700 |
| Total Program Service Revenue | $17,500 |
| Membership dues | $0 |
| Investment income | $266 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$70,568 |
| Other Revenue | $0 |
| Total Revenue | $29,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $113,641 |
| Professional fees and other payments to independent contractors | $13,983 |
| Occupancy, rent, utilities, and maintenance | $25,578 |
| Printing, publications, postage, and shipping | $914 |
| Other expenses | $72,544 |
| Total expenses | $226,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,691 |
| Other assets | $0 |
| Total assets | $79,691 |
| Total liabilities | $1,307 |
| Net assets or fund balances | $78,384 |
Grants Awarded
Over the last fiscal year, Los Angeles Commerical Realty Association has awarded $12,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: HOMELESS SUPPORT SERVICES | $7,000 |
Los Angeles, CA PURPOSE: FAMILY SUPPORT SERVICES | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance Member Services Inc Santa Cruz, CA | $146,353,326 | $23,122,864 |
550 Corporate Center Investment Group Inc El Segundo, CA | $123,957,933 | $9,348,795 |
National Associaton Of Hispanic Real Estate Professionals San Diego, CA | $3,754,334 | $9,140,386 |
Greater Las Vegas Association Of Realtors Las Vegas, NV | $41,416,661 | $13,529,639 |
Pasadena Gateway Willas Corporation Pasadena, CA | $583,745,665 | $12,743,337 |
Tmt Tapestry Naperville Inc San Francisco, CA | $84,971,977 | $6,744,374 |
Tmt Park Bridge Inc San Francisco, CA | $97,828,411 | $6,399,295 |
1541 And 1545 Wilshire Seiu 721 Holdings Llc Los Angeles, CA | $47,586,913 | $3,458,952 |
Tmt Arbors At Fair Lakes Apartments Inc San Francisco, CA | $98,381,662 | $6,062,685 |
Tmt Pointe Plaza Inc San Francisco, CA | $52,280,975 | $4,024,011 |
Marshall Square Investment Groupinc El Segundo, CA | $178,044,342 | $8,052,426 |
Fmf Realty Corp Santa Monica, CA | $13,864,181 | $3,655,320 |