California Association Of Realtors Issues Mobilization Pac
- Assets
- $10.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1988
- Data as of
- 12/2023
- EIN
- 95-4167538
Organization Overview
California Association Of Realtors Issues Mobilization Pac is located in Los Angeles, CA. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Association Of Realtors Issues Mobilization Pac 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, California Association Of Realtors Issues Mobilization Pac generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $652.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, California Association Of Realtors Issues Mobilization Pac has awarded 173 individual grants totaling $35,789,616. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INFLUENCE STATE/LOCAL POLITICAL ISSUES ON BEHALF OF MEMBERS OF CALIFORNIA ASSOCIATION OF REALTORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALIFORNIA ASSOCIATION OF REALTORS ISSUES MOBILIZATION COMMITTEE'S PRIMARY MISSION IS TO INFLUENCE STATE AND LOCAL POLITICAL ISSUES ON BEHALF OF MEMBERS OF THE CALIFORNIA ASSOCIATION OF REALTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzi Dunkel-Soto Board Chair | OfficerTrustee | 2 | $0 |
Linda Clinton Board Vice Chair | OfficerTrustee | 1 | $0 |
Leigh Rutledge Board Vice Chair | OfficerTrustee | 1 | $0 |
Jeannie Anderson Trustee | Trustee | 1 | $0 |
Salvador Armijo Trustee | Trustee | 1 | $0 |
Katie Beacock Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,087,289 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,188,920 |
| Total Program Service Revenue | $0 |
| Investment income | $249,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,439,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $273,500 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,263 |
| Advertising and promotion | $0 |
| Office expenses | $8,905 |
| Information technology | $0 |
| 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 | $294,844 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50 |
| Total functional expenses | $652,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,714,808 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,185,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,900,031 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $10,900,031 |
| 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 | $10,900,031 |
Grants Awarded
Over the last fiscal year, California Association Of Realtors Issues Mobilization Pac has awarded $257,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NO ON MEASURE A - ANAHEIM RESIDENTS AGAINST CUTS TO ESSENTIAL CITY SERVICES PURPOSE: GENERAL SUPPORT | $25,000 |
CALIFORNIA TAXPAYERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $7,000 |
PACIFIC LEGAL FOUNDATION PURPOSE: GENERAL SUPPORT | $150,000 |
CIVIL JUSTICE ASSOCIATION OF CALIFORNIA PURPOSE: GENERAL SUPPORT | $75,000 |