Commercial Brokers Association Of Austin
- Assets
- $227.4k
- Revenue
- $188.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 74-2650407
Organization Overview
Commercial Brokers Association Of Austin is located in Austin, TX. The organization was established in 1993. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Commercial Brokers Association Of Austin 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 12/2022, Commercial Brokers Association Of Austin generated $188.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $162.9k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER KNOWLEDGE, EDUCATION, INTEGRITY AND SKILLS REQUIRED TO LEASE COMMERCIAL REAL ESTATE SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOLDS MONTHLY LUNCHEONS FOR MEMBERS OF THE REAL ESTATE COMMUNITY TO DISCUSS TRENDS AND PROVIDE AN EDUCATIONAL PROGRAM. THE ORGANIZATION HELD 8 LUNCHEON MEETINGS FOR UP TO 75 MEMBERS TO DISCUSS REAL ESTATE ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colton Mccasland Secretary | Trustee | 5 | $0 |
Lexie Hall President | Trustee | 5 | $0 |
Luke Barney Board Member | Trustee | 5 | $0 |
Dax Benkendorfer Board Member | Trustee | 5 | $0 |
Rick Whiteley Vice President | Trustee | 5 | $0 |
Scott Deskins Jr Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,974 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,974 |
| Total Program Service Revenue | $63,100 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $53,901 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $19,200 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,379 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $450 |
| Office expenses | $5,834 |
| Information technology | $712 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,729 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $630 |
| All other expenses | $0 |
| Total functional expenses | $162,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,208 |
| Savings and temporary cash investments | $139,208 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,416 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $24,710 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,710 |
| Net assets without donor restrictions | $202,706 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $227,416 |
Grants Awarded
Over the last fiscal year, Commercial Brokers Association Of Austin has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: CONTRIBUTION | $50,000 |
Austin, TX PURPOSE: CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Dominic Village Houston, TX | $13,513,269 | $14,710,628 |
Shelter Ministries Of Dallas Dallas, TX | $40,953,224 | $24,185,311 |
Poydras Home New Orleans, LA | $42,506,681 | $9,878,531 |
Innovative Student Facilities Inc Ruston, LA | $167,914,414 | $12,543,045 |
Sand Springs Home Sand Springs, OK | $70,860,771 | $5,861,443 |
Santa Fe Community Housing Tr Santa Fe, NM | $45,526,696 | $6,534,024 |
Village Project Inc Houston, TX | $61,521,022 | $3,671,137 |
Speck Homes Inc Oklahoma City, OK | $1,586,940 | $3,986,679 |
Na Nizhoozhi Center Inc Gallup, NM | $616,867 | $2,436,730 |
Tanglewood Homes Association Inc Houston, TX | $2,297,553 | $1,937,017 |
Apartment Association Of Tarrant County Inc Hurst, TX | $2,773,713 | $2,419,564 |
New Haven Home Inc Mineral Wells, TX | $302,697 | $1,884,553 |