Santa Clara County Association Of Realtors is located in San Jose, CA. The organization was established in 2001. 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. As of 12/2023, Santa Clara County Association Of Realtors employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Clara County 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 12/2023, Santa Clara County Association Of Realtors generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE BUSINESS AND PROVIDE PROFESSIONAL SUPPORT SERVICES TO REAL ESTATE PROFESSIONALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MLS LISTING SERVICE & KEY ACCESS SYSTEM FOR PROPERTIES LISTED BY AGENTS
EDUCATION AND EVENTS:THE ASSOCIATION OFFERS PROGRAMS AND SEMINARS TO INCREASE ITS MEMBER'S PRODUCTIVITY AND EXPAND THEIR TECHNOLOGY AND SALES SKILLS. PROGRAMS INCLUDE LIVE CONTINUING EDUCATION, HANDS-ON TECHNOLOGY TRAINING, SALES SKILLS TRAINING, TECHNOLOGY WORKSHOPS, AND PRODUCT DEMONSTRATIONS THE ASSOCIATION SPONSORS EVENTS THROUGHOUT THE YEAR TO PROVIDE NETWORKING OPPORTUNITIES FOR MEMBERS.
THE ASSOCIATION WORKS TO DEVELOP, ADVANCE, AND IMPLEMENT PUBLIC POLICY OBJECTIVES THAT PROMOTE HOMEOWNERSHIP AND PROTECT THE RIGHTS OF HOMEOWNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Fari Board Member/past-President | Trustee | 2 | $0 |
William Chia Board Member/president | OfficerTrustee | 1 | $0 |
William Rehbock Board Member/treasurer | OfficerTrustee | 1 | $0 |
Kraig Constantino Board Member/vice President | OfficerTrustee | 1 | $0 |
Michelle Perry Board Member/president Elect | OfficerTrustee | 1 | $0 |
Karen Nelsen Board Member | Trustee | 1 | $0 |
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 | $32,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $32,500 |
Total Program Service Revenue | $2,835,889 |
Investment income | $51,979 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $63,161 |
Net Gain/Loss on Asset Sales | -$158 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$24,374 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,963,790 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $271,124 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,106,710 |
Pension plan accruals and contributions | $24,984 |
Other employee benefits | $145,363 |
Payroll taxes | $109,969 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,743 |
Fees for services: Accounting | $44,390 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $169,574 |
Advertising and promotion | $13,519 |
Office expenses | $0 |
Information technology | $71,211 |
Royalties | $0 |
Occupancy | $177,124 |
Travel | $36,524 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $142,314 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $87,601 |
Insurance | $13,766 |
All other expenses | $88,286 |
Total functional expenses | $2,821,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,131,169 |
Savings and temporary cash investments | $1,164,170 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $156,757 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $25,241 |
Prepaid expenses and deferred charges | $78,729 |
Net Land, buildings, and equipment | $6,100,229 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $4,289,268 |
Intangible assets | $0 |
Other assets | $29,469 |
Total assets | $12,975,032 |
Accounts payable and accrued expenses | $172,006 |
Grants payable | $0 |
Deferred revenue | $875,361 |
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 | $696,267 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $298,927 |
Total liabilities | $2,042,561 |
Net assets without donor restrictions | $10,932,471 |
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 | $12,975,032 |
Over the last fiscal year, Santa Clara County Association Of Realtors has awarded $12,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NATIONAL ASSOCIATION OF REALTORS PURPOSE: General support | $5,000 |
SAN JOSE DOWNTOWN ASSOCIATION PURPOSE: General support | $7,500 |