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← SACRAMENTO ASSOCIATION OF REALTORS CHARITABLE FOUNDATION INC

Form 990 for tax year 2022

Filed by SACRAMENTO ASSOCIATION OF REALTORS CHARITABLE FOUNDATION INC.

Totals

Total revenue
$147,935
Total expenses
$114,993
Contributions and grants received
$155,838
Grants paid
$110,004
Program service revenue
$0
Investment income
$14
Other revenue
-$7,917
Total assets, end of year
$160,112
Total liabilities, end of year
$80,441
Net assets or fund balances, end of year
$79,671
Program services expenses (Part IX)
$114,993
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$114,993

Program services were 100.0% 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.

  • 1c · Fundraising events

    $75,317

  • 1d · Related organizations

    $43,699

  • 1f · All other contributions, gifts and grants

    $36,822

  • 3 · Investment income

    total $14 · excluded $14

  • 8a · Fundraising events: gross income

    $96,393

  • 8a · Fundraising events: contributions included on line 1c

    $75,317

  • 8b · Fundraising events: direct expenses

    $104,421

  • 8c · Net income from fundraising events

    total -$8,028 · excluded -$8,028

  • 11a · Other revenue: MISCELANEOUS

    total $111 · related or exempt $111

  • 11e · Other revenue, total

    $111

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $110,004 · program services $110,004

  • 13 · Office expenses

    total $2,480 · program services $2,480

  • 23 · Insurance

    total $2,509 · program services $2,509

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $107,082 · end of year $139,066

  • 2 · Savings and temporary cash investments

    beginning of year $20,003 · end of year $20,017

  • 9 · Prepaid expenses and deferred charges

    beginning of year $531 · end of year $1,029

  • 15 · Other assets

    beginning of year $6,496 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $75,527 · end of year $54,452

  • 19 · Deferred revenue

    beginning of year $11,856 · end of year $11,747

  • 25 · Other liabilities

    beginning of year $0 · end of year $14,242

  • 27 · Net assets without donor restrictions

    beginning of year $31,402 · end of year $60,154

  • 28 · Net assets with donor restrictions

    beginning of year $15,327 · end of year $19,517

Mission and programs · 2022

Mission

TO SUPPORT THE CHARITABLE ACTIVITIES OF THE SACRAMENTO ASSOCIATION OF REALTORS, INC., WITH OTHER REAL ESTATE PROFESSIONALS TO ADDRESS THE HOUSING NEEDS, COMMUNITY-BASED PROGRAMS AND UNDERSERVED COMMUNITIES AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THESE GOALS AS ALLOWED BY LAW.

Activities or mission (Part I)

TO GIVE FOCUS & ADDED STRENGTH TO THE ASSOCIATION'S TRADITION OF GIVING BACK TO THE COMMUNITY.

  • THE CHARITABLE FOUNDATION RAISED OVER $66,000 FOR THE SALVATION ARMYTHROUGH ITS FUNDRAISING EFFORTS IN 2022.

    Expenses $69,502 · Grants $66,027

  • THE ORGANIZATION DONATED $43,977 TO VARIOUS 501C(3) NON-PROFITS IN THE AREA.

    Expenses $45,491 · Grants $43,977

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Leon Williams

    CHAIRPERSON OF THE BOARD

    Total calculated
    $0
    Hours/week
    5
  • Victoria Millan

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Nancy Arndorfer

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Karen Berkovitz

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Preston Collier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Rosanna Garcia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Patti Mathews

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dennis Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mershad Khazari

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cynthia Woods

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Vicari-Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ann Vuletich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jessica Coates

    EXECUTIVE DIRECTOR (AS OF 10/2022)

    Total calculated
    $133,109
    From this org
    $0
    From related orgs
    $128,751
    Other
    $4,358
    Hours/week
    10 + 30 related
  • David Tanner

    EXECUTIVE DIRECTOR (THRU 10/2022)

    Total calculated
    $156,214
    From this org
    $0
    From related orgs
    $146,935
    Other
    $9,279
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,162 related
    Bonus
    $0
    Other
    $0 + $773 related
    Deferred
    $0 + $8,788 related
    Nontaxable benefits
    $0 + $491 related
    Filer's total
    $0 + $156,214 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants 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.

Provenance

Return type
form_990
Tax year
2022
Filed
16 November 2023
IRS schema version
2022v5.0
Source object
202323209349303132

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