Areaa Houston is located in Houston, TX. The organization was established in 2015. 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 Houston 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 02/2024, Areaa Houston generated $60.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $53.5k during the year ending 02/2024. While expenses have increased by 32.3% per year over the past 6 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
PROMITING SUSTAINABLE HOMEOWNERSHIP OPPORTUNITIES IN ASIAN AMERICIAN COMMUNITIES BY CREATING POWERFUL NATIONAL VOICE OF HOUSTING AND REAL ESTATE PROFESSIONALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Victor Lee President | 5 | $0 | |
Kenneth Li Chairman Emeritus | 1 | $0 | |
Dawn Lin Chairwoman Emeritus | 1 | $0 | |
Eriko Ishii Vice President | 5 | $0 | |
Michelle Tran Vice President | 5 | $0 | |
Wai Yew Lam Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $33,248 |
Total Program Service Revenue | $0 |
Membership dues | $21,698 |
Investment income | $149 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,760 |
Other Revenue | $0 |
Total Revenue | $60,855 |
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 | $590 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,075 |
Total expenses | $53,540 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,102 |
Other assets | $0 |
Total assets | $22,102 |
Total liabilities | $0 |
Net assets or fund balances | $22,102 |