Form 990 for tax year 2023
Filed by SOUTHWEST RIVERSIDE COUNTY ASSOCIATION OF REALTORS INC.
Totals
- Total revenue
- $3,904,052
- Total expenses
- $3,883,415
- Contributions and grants received
- $54,077
- Grants paid
- $28,420
- Program service revenue
- $845,969
- Investment income
- $11,783
- Other revenue
- $2,992,223
- Total assets, end of year
- $3,901,275
- Total liabilities, end of year
- $549,607
- Net assets or fund balances, end of year
- $3,351,668
- Program services expenses (Part IX)
- $2,920,007
- Management and general expenses
- $963,408
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,920,007
Program services were 75.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$54,077
-
2a · Program service revenue: CMTE AND AFFILIATE INCOME
total $59,989 · related or exempt $59,989
-
2b · Program service revenue: DUES
total $705,619 · related or exempt $705,619
-
2c · Program service revenue: EXPO REVENUE
total $20,660 · related or exempt $20,660
-
2d · Program service revenue: FEES & DELINQUENCIES
total $28,613 · related or exempt $28,613
-
2e · Program service revenue: MISCELLANEOUS PROGRAM REV
total $18,695 · related or exempt $18,695
-
2f · All other program service revenue
total $12,393 · related or exempt $12,393
-
3 · Investment income
total $11,783 · excluded $11,783
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $44,738
-
6c · Rental income or loss
real property $44,738
-
6d · Net rental income or loss
total $44,738 · excluded $44,738
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$54,036
-
8b · Fundraising events: direct expenses
$22,443
-
8c · Net income from fundraising events
total $31,593 · excluded $31,593
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$356,616
-
10b · Cost of goods sold
$43,286
-
10c · Net income from sales of inventory
total $313,330 · related or exempt $313,330
-
11a · Other revenue: MLS DUES
total $2,602,562 · unrelated business $2,602,562
-
11e · Other revenue, total
$2,602,562
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $28,420 · program services $28,420
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $199,884 · program services $99,942 · management and general $99,942
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $942,699 · program services $642,737 · management and general $299,962
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $135,838 · program services $88,295 · management and general $47,543
-
10 · Payroll taxes
total $93,271 · program services $60,626 · management and general $32,645
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $45,650 · program services $31,955 · management and general $13,695
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,511,732 · program services $1,488,814 · management and general $22,918
-
12 · Advertising and promotion
total $5,060 · program services $5,060
-
13 · Office expenses
total $16,513 · management and general $16,513
-
14 · Information technology
total $91,067 · management and general $91,067
-
15 · Royalties
total $0
-
16 · Occupancy
total $34,580 · program services $34,580
-
17 · Travel
total $136,411 · program services $122,770 · management and general $13,641
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $96,607 · program services $96,607
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $92,442 · program services $64,709 · management and general $27,733
-
23 · Insurance
total $36,606 · program services $27,455 · management and general $9,151
-
24a · Other expenses: BANK & CREDIT CARD FEES
total $86,540 · management and general $86,540
-
24b · Other expenses: UTILITIES
total $71,457 · program services $53,593 · management and general $17,864
-
24c · Other expenses: FACILITIES MAINTENANCE
total $45,553 · management and general $45,553
-
24d · Other expenses: PROPERTY TAXES
total $37,789 · management and general $37,789
-
24e · All other expenses
total $175,296 · program services $74,444 · management and general $100,852
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,141,030 · end of year $1,198,396
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $36,564 · end of year $39,680
-
9 · Prepaid expenses and deferred charges
beginning of year $29,210 · end of year $16,037
-
10a · Land, buildings and equipment: cost or other basis
$3,200,972
-
10b · Land, buildings and equipment: accumulated depreciation
$852,794
-
10c · Land, buildings and equipment, net
beginning of year $2,403,070 · end of year $2,348,178
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $289,118 · end of year $298,984
-
17 · Accounts payable and accrued expenses
beginning of year $171,864 · end of year $62,915
-
19 · Deferred revenue
beginning of year $547,858 · end of year $486,692
-
25 · Other liabilities
beginning of year $40,433
-
27 · Net assets without donor restrictions
beginning of year $3,138,837 · end of year $3,351,668
Mission and programs · 2023
Mission
TO ENHANCE THE ABILITY AND OPPORTUNITY OF ITS MEMBERS TO CONDUCT THEIR BUSINESS SUCCESSFULLY, ETHICALLY, AND PROFESSIONALLY.
Activities or mission (Part I)
WE SUPPORT THE PRESERVATION OF THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY THROUGH LEGISLATIVE ADVOCACY AND COMMUNITY INVOLVEMENT, ALONG WITH ENHANCING THE ABILITY AND OPPORTUNITY OF OUR MEMBERS TO CONDUCT BUSINESS SUCCESSFULLY, ETHICALLY AND PROFESSIONALLY.
-
COMMITTEE EXPENSE AND DUES ARE INCURRED IN THE COURSE OF PROVIDING CONTINUING EDCUATION, SEMINARS AND MEETINGS TO PROMOTE PROFESSIONALISM IN THE REAL ESTATE INDUSTRY.
Expenses $2,920,007 · Revenue $3,448,531
As filed on the 2023 return.
Listed in Part VII
-
Adam A RuizADAM A RUIZ
GAD
- Total calculated
- $133,808
- From this org
- $133,808
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Connie LynchCONNIE LYNCH
PAST CEO
- Total calculated
- $66,075
- From this org
- $66,075
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Paulinewoelky-HenkePAULINEWOELKY-HENKE
President
- Total calculated
- $0
- Hours/week
- 5
-
Michael PerficulMICHAEL PERFICUL
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Jenna GarzaJENNA GARZA
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Denyse WilsonDENYSE WILSON
CFO
- Total calculated
- $0
- Hours/week
- 5
-
Terry RyanTERRY RYAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle BeesonMICHELLE BEESON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kirk EffingerKIRK EFFINGER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Norman KyrissNORMAN KYRISS
Director
- Total calculated
- $0
- Hours/week
- 1
-
George WilliamsGEORGE WILLIAMS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vic CarrilloVIC CARRILLO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Frank GalanteFRANK GALANTE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Theresa DiciollaTHERESA DICIOLLA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Imelda ManzoIMELDA MANZO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nikki ArangoNIKKI ARANGO
Director
- Total calculated
- $0
- Hours/week
- 1
-
George D Peppas IIIGEORGE D PEPPAS III
CEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · FUNDRAISERS HELD TO PROMOTE EDUC AND PROVIDE SCHOLARSHIPS · CA · controlled entity
Directly controlled by SW RIV COUNTY ASSOC OF REALTORS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402999349301470
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