American Industrial Real Estate Association is located in Los Angeles, CA. The organization was established in 1972. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, American Industrial Real Estate Association employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Industrial Real Estate Association 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, American Industrial Real Estate Association generated $463.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $689.7k during the year ending 12/2022. 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
PROVIDE EDUCATIONAL AND OTHER SERVICES FOR MEMBERS WITHIN THE COMMERCIAL REAL ESTATE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DINNER MEETINGS
PROFESSIONAL SEMINARS FOR MEMBERS
MEMBER SERVICES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hayes Chief Executive Officer | Officer | 0 | $367,832 |
Joy Dela Cruz Chief Financial Officer | Officer | 0 | $269,529 |
Sean Pullin Employee | Officer | 0 | $188,674 |
Monique Ebel Employee | Officer | 0 | $141,898 |
Jon Reno Director | Trustee | 0 | $0 |
Mungo Casey Director | Trustee | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stephanie Platter Marketing Consul | 12/30/20 | $160,109 |
Cynthia Fish Computer Consul | 12/30/20 | $201,531 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $549,224 |
| 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 | $549,224 |
| Total Program Service Revenue | $164,104 |
| Investment income | -$265,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,092 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,198 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,228,740 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,792 |
| Payroll taxes | $88,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$1,673 |
| Fees for services: Accounting | $36,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,433 |
| Advertising and promotion | $0 |
| Office expenses | $55,552 |
| Information technology | $19,793 |
| Royalties | $0 |
| Occupancy | $292,888 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,299 |
| Insurance | $44,833 |
| All other expenses | -$1,257,803 |
| Total functional expenses | $689,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,876 |
| Savings and temporary cash investments | $13,156 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,766 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $522,096 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $146,747 |
| Net Land, buildings, and equipment | $8,859 |
| Investments—publicly traded securities | $840,171 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,180,343 |
| Total assets | $2,853,014 |
| Accounts payable and accrued expenses | $365,668 |
| Grants payable | $0 |
| Deferred revenue | $43,100 |
| 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 | $1,178,330 |
| Total liabilities | $1,587,098 |
| Net assets without donor restrictions | $1,051,092 |
| Net assets with donor restrictions | $214,824 |
| 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 | $2,853,014 |