Nevada Association Of Hispanic Real Estate Professionals Foundation, operating under the name NAHREP Foundation, is located in San Diego, CA. The organization was established in 2005. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. NAHREP Foundation 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 12/2020, NAHREP Foundation generated $110.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $153.3k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE HISPANIC WEALTH PROJECT IS A PLAN TO BUILD A BLUEPRINT FOR HISPANIC WEALTH CREATION: TO IDENTIFY THE SPECIFIC ASSETS IN WHICH HISPANIC WEALTH CAN BE ACCUMULATED, TO SUPPORT HIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Ascencio Chairman | 5 | $0 | |
Gary Acosta Treasurer | 0 | $0 | |
Marisa Calderon Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $110,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $110,000 |
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 | $2,510 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $150,832 |
Total expenses | $153,342 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,161 |
Other assets | $0 |
Total assets | $12,161 |
Total liabilities | $10,804 |
Net assets or fund balances | $1,357 |