Bridge Association Of Realtors
- Assets
- $4.1m
- Revenue
- $903.5k
- Investments
- $0.0
- Employees
- 19
- Location
- Berkeley, CA
- Founding
- 06/1939
- Data as of
- 12/2021
- EIN
- 94-0727300
Organization Overview
Bridge Association Of Realtors is located in Berkeley, CA. The organization was established in 1939. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Bridge Association Of Realtors employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Association Of Realtors 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, Bridge Association Of Realtors generated $903.5k 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 (14.4%) each year. All expenses for the organization totaled $829.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BRIDGE ASSOCIATION OF REALTORS SUPPORTS IT'S MEMBERS BY PROVIDING THEM WITH SERVICES AND PRODUCTS THEY REQUIRE TO OPERATE PROFESSIONALLY & PROFITABLY, WHILE EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE ASSOCIATION OF REALTORS SUPPORTS IT'S MEMBERS BY PROVIDING THEM WITH SERVICES AND PRODUCTS THEY REQUIRE TO OPERATE PROFESSIONALLY & PROFITABLY, WHILE EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davina Lara CEO | Trustee | 40 | $59,684 |
Gustavo Rodriguez COO | Trustee | 40 | $51,849 |
Kiran Shenoy Gov't Affairs D | Trustee | 40 | $39,760 |
Diane Crosby Officer | Officer | 2 | $0 |
Kim Cleghorn Officer | Officer | 2 | $0 |
Valerie Hirbod Officer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Program Service Revenue | $781,114 |
| Investment income | $3,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $125,801 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$604 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $903,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $50,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $25,441 |
| Compensation of current officers, directors, key employees. | $151,293 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,102 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,190 |
| Payroll taxes | $28,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,735 |
| Office expenses | $8,156 |
| Information technology | $6,494 |
| Royalties | $0 |
| Occupancy | $95,702 |
| Travel | $21,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,996 |
| Insurance | $7,575 |
| All other expenses | $40,851 |
| Total functional expenses | $829,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,931,183 |
| Savings and temporary cash investments | $0 |
| 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 | $7,891 |
| Prepaid expenses and deferred charges | $79,094 |
| Net Land, buildings, and equipment | $837,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $201,640 |
| Total assets | $4,057,342 |
| Accounts payable and accrued expenses | $10,469 |
| Grants payable | $0 |
| Deferred revenue | $382,520 |
| 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 | $285,526 |
| Total liabilities | $678,515 |
| Net assets without donor restrictions | $0 |
| 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 | $3,378,827 |
| Total liabilities and net assets/fund balances | $4,057,342 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bridge Association Of Realtors has recieved totaling $26,987.
| Awarding Organization | Amount |
|---|---|
National Association Of Realtors Chicago, IL PURPOSE: GENERAL SUPPORT | $19,006 |
California Association Of Realtors Inc Los Angeles, CA PURPOSE: ADVOCACY | $7,981 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cascade Housing Association Springfield, OR | $88,351,612 | $13,257,660 |
Building Industry Association Of Southern California Inc Irvine, CA | $6,476,815 | $6,103,391 |
West And Southeast Realtors Of The Valley Inc Chandler, AZ | $16,716,149 | $4,817,480 |
Nevada Realtors Reno, NV | $20,648,058 | $6,357,960 |
Western Manufactured Housing Communities Association Sacramento, CA | $5,450,314 | $3,609,962 |
Metro Multifamily Housing Association Tigard, OR | $453,346 | $2,561,856 |
Arizona Multi-Housing Association Phoenix, AZ | $5,772,889 | $3,833,501 |
Oregon Association Of Realtors Salem, OR | $11,114,109 | $4,667,767 |
Electric League Of Arizona Phoenix, AZ | $2,581,504 | $1,627,774 |
Southern California Association Of Non-Profit Housing Inc Los Angeles, CA | $1,991,409 | $1,821,513 |
North Bay Association Of Realtors Santa Rosa, CA | $1,865,459 | $1,375,618 |
Bridge Association Of Realtors Berkeley, CA | $4,057,342 | $903,545 |