Areaa Portland Chapter
- Assets
- $107.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 09/2013
- Data as of
- 12/2023
- EIN
- 46-2930353
Organization Overview
Areaa Portland Chapter is located in Beaverton, OR. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Areaa Portland Chapter 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 12/2023, Areaa Portland Chapter generated $113.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.0% each year . All expenses for the organization totaled $75.1k during the year ending 12/2023. While expenses have increased by 28.6% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
AREAA IS DEDICATED TO PROMOTING SUSTAINABLE HOMEOWNERSHIP OPPORTUNITIES IN ASIAN AMERICAN COMMUNITIES BY CREATING A POWERFUL NATIONAL VOICE FOR HOUSING AND REAL ESTATE PROFESSIONAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Kinoshita Past President | 4 | $0 | |
Tam Hixson President | 4 | $0 | |
Steven Tran Vice President | 2 | $0 | |
Samantha Tamtreng Secretary | 2 | $0 | |
Patrick Mok Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,500 |
| Total Program Service Revenue | $88,866 |
| Membership dues | $5,846 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $113,266 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $21,373 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $370 |
| Printing, publications, postage, and shipping | $266 |
| Other expenses | $53,112 |
| Total expenses | $75,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,540 |
| Other assets | $0 |
| Total assets | $107,790 |
| Total liabilities | $400 |
| Net assets or fund balances | $107,390 |