Southland Regional Association Of Realtors Foundation is located in Lake Balboa, CA. The organization was established in 1991. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, 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. Southland Regional Association Of Realtors Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Southland Regional Association Of Realtors Foundation generated $57.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $63.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Southland Regional Association Of Realtors Foundation has awarded 30 individual grants totaling $133,258. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITY GOLF TOURNAMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Sydell Chairman | 3 | $0 | |
Jim Ezell Vice-Chairman | 3 | $0 | |
Timothy Johnson Until Oct 2022 Secretary | 3 | $0 | |
James Harvey Financial Officer | 4 | $0 | |
Paul Couchi From Nov 2022 Secretary | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,584 |
| Interest on Savings | $1,765 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,349 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,392 |
| Total operating and administrative expenses | $20,442 |
| Contributions, gifts, grants paid | $42,850 |
| Total expenses and disbursements | $63,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $272,615 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $272,615 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Southland Regional Association Of Realtors Foundation has awarded $42,850 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGE TO HOME PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $5,000 |
CSUN STRENGTH UNITED PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $5,000 |
LA FAMILY HOUSING PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $5,000 |
HOPE OF THE VALLEY PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $12,850 |
MAPS CHARITIES PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $5,000 |
NEW HORIZONS PURPOSE: HOMELESS RELATED SHELTER OR SERVICES | $5,000 |