Skip to content
Nonprofiteer
← PACIFIC WEST ASSOCIATION OF REALTORS INC

Form 990 for tax year 2022

Filed by PACIFIC WEST ASSOCIATION OF REALTORS INC.

Totals

Total revenue
$10,363,945
Total expenses
$9,312,354
Contributions and grants received
$0
Grants paid
$7,325
Program service revenue
$2,618,262
Investment income
-$988
Other revenue
$7,746,671
Total assets, end of year
$18,944,208
Total liabilities, end of year
$5,866,500
Net assets or fund balances, end of year
$13,077,708
Program services expenses (Part IX)
$8,261,618
Management and general expenses
$1,050,736
Fundraising expenses
$0
Program service expenses (Part III)
$8,261,618

Program services were 88.7% 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.

  • 2a · Program service revenue: EDUCATION AND SERVICES

    total $29,761 · related or exempt $29,761

  • 2b · Program service revenue: MEMBERSHIP FEES

    total $2,588,501 · related or exempt $2,588,501

  • 3 · Investment income

    total $162,900 · related or exempt $162,900

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $79,800

  • 6b · Less rental expenses

    real property $39,015

  • 6c · Rental income or loss

    real property $40,785

  • 6d · Net rental income or loss

    total $40,785 · unrelated business $40,785

  • 7a · Gross sales of assets other than inventory

    securities $7,801,780

  • 7b · Less cost or other basis and sales expenses

    securities $7,965,668

  • 7c · Gain or loss

    securities -$163,888

  • 7d · Net gain or loss

    total -$163,888 · related or exempt -$163,888

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $557,370

  • 10b · Cost of goods sold

    $115,154

  • 10c · Net income from sales of inventory

    total $442,216 · unrelated business $442,216

  • 11a · Other revenue: MGMT SERVICES TO ORGS

    total $794,110 · unrelated business $794,110

  • 11b · Other revenue: MLS & RELATED SVCS

    total $6,435,963 · unrelated business $6,435,963

  • 11c · Other revenue: OTHER INCOME

    total $30,595 · unrelated business $30,595

  • 11d · All other revenue

    total $3,002 · unrelated business $3,002

  • 11e · Other revenue, total

    $7,263,670

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,325 · program services $7,325

  • 2 · Grants to domestic individuals

    total $0

  • 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 $1,025,742 · program services $923,168 · management and general $102,574

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $2,021,671 · program services $1,818,964 · management and general $202,707

  • 8 · Pension plan contributions

    total $211,907 · program services $190,674 · management and general $21,233

  • 9 · Other employee benefits

    total $184,626 · program services $166,126 · management and general $18,500

  • 10 · Payroll taxes

    total $209,043 · program services $188,097 · management and general $20,946

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $42,786 · management and general $42,786

  • 11g · Fees: other

    total $130,934 · program services $43,179 · management and general $87,755

  • 12 · Advertising and promotion

    total $58,022 · program services $29,011 · management and general $29,011

  • 13 · Office expenses

    total $30,345 · program services $15,173 · management and general $15,172

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $101,090 · program services $78,850 · management and general $22,240

  • 17 · Travel

    total $147,014 · program services $132,313 · management and general $14,701

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $125,865 · program services $25,173 · management and general $100,692

  • 20 · Interest

    total $25,280 · management and general $25,280

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $178,197 · program services $158,428 · management and general $19,769

  • 23 · Insurance

    total $29,159 · program services $9,331 · management and general $19,828

  • 24a · Other expenses: MLS & RELATED SVCS

    total $4,070,173 · program services $4,070,173

  • 24b · Other expenses: BANK & MERCHANT FEES

    total $236,319 · program services $75,622 · management and general $160,697

  • 24c · Other expenses: EQUIPMENT

    total $105,563 · program services $82,339 · management and general $23,224

  • 24d · Other expenses: PROPERTY TAXES

    total $83,295 · program services $64,970 · management and general $18,325

  • 24e · All other expenses

    total $287,998 · program services $182,702 · management and general $105,296

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,651,307 · end of year $2,036,166

  • 2 · Savings and temporary cash investments

    beginning of year $445,158 · end of year $76,879

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $1,543,149 · end of year $1,569,114

  • 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 $46,659 · end of year $38,499

  • 9 · Prepaid expenses and deferred charges

    beginning of year $323,396 · end of year $265,690

  • 10a · Land, buildings and equipment: cost or other basis

    $8,758,675

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,151,824

  • 10c · Land, buildings and equipment, net

    beginning of year $5,756,609 · end of year $5,606,851

  • 11 · Investments: publicly traded securities

    beginning of year $10,294,649 · end of year $8,518,161

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $4,263 · end of year $3,218

  • 15 · Other assets

    end of year $829,630

  • 17 · Accounts payable and accrued expenses

    beginning of year $397,906 · end of year $419,699

  • 19 · Deferred revenue

    beginning of year $3,467,725 · end of year $2,792,942

  • 23 · Secured mortgages and notes payable

    beginning of year $1,192,554 · end of year $856,489

  • 25 · Other liabilities

    beginning of year $1,979,239 · end of year $1,797,370

  • 27 · Net assets without donor restrictions

    beginning of year $13,027,766 · end of year $13,077,708

Mission and programs · 2022

Mission

Pacific West Association of Realtors, Inc. (the "AssociationX or "PWR") is a California non-profit corporation that provides various services, such as education, promotion, public relations, sale of supplies and multiple listing services to members involved in the real estate industry.In late 2010, PWR created the Pacific West Association of Realtors Multiple Listing Service (PWRMLS), a wholly-owned subsidiary of PWR. Although not active at this time and with no significant assets, the purpose of forming the new entity was to allow PWR to explore the possibility of offering its members MLS services directly through PWR.

  • Pacific West Association of Realtors, Inc. (the "AssociationX or "PWR") is a California non-profit corporation that provides various services, such as education, promotion, public relations, sale of supplies and multiple listing services to members involved in the real estate industry.In late 2010, PWR created the Pacific West Association of Realtors Multiple Listing Service (PWRMLS), a wholly-owned subsidiary of PWR. Although not active at this time and with no significant assets, the purpose of forming the new entity was to allow PWR to explore the possibility of offering its members MLS services directly through PWR.

    Expenses $8,261,618 · Grants $7,325 · Revenue $2,618,262

As filed on the 2022 return.

Listed in Part VII

  • Phil Hawkins

    CEO

    Total calculated
    $436,170
    From this org
    $436,170
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $436,170
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $436,170

  • Robert Kidd

    VP-FINANCE/ADM

    Total calculated
    $221,293
    From this org
    $221,293
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,293
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $221,293

  • Lalaine Castillo

    VP-MRKTING/COMM

    Total calculated
    $197,592
    From this org
    $197,592
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,592
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $197,592

  • Robert Rivas

    VP-OPERATIONS

    Total calculated
    $170,687
    From this org
    $170,687
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,687
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $170,687

  • Lori Smith

    VP-PROF STANDARDS

    Total calculated
    $142,208
    From this org
    $142,208
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Iryn Agabon

    EXEC ASSISTANT

    Total calculated
    $132,547
    From this org
    $132,547
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Christine Schachter

    GOVT AFFAIRS DIR

    Total calculated
    $130,954
    From this org
    $130,954
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Laura Halverson

    EXEC VP-TRICO

    Total calculated
    $124,019
    From this org
    $124,019
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tim Shaw

    GOVT AFFAIRS DIR

    Total calculated
    $118,501
    From this org
    $118,501
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Craig Martin

    President

    Total calculated
    $0
    Hours/week
    1

  • Beth Sparks

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1

  • Rick Violett

    IMMED PAST PRES

    Total calculated
    $0
    Hours/week
    1

  • Barbara Betts

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Stephen Meade

    SECRETARY/TREAS

    Total calculated
    $0
    Hours/week
    1

  • Scott Brady

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jacqueline Case

    Director

    Total calculated
    $0
    Hours/week
    1

  • Richard Daskam

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ray Fernandez

    Director

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Goedl

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sarah Ireland

    Director

    Total calculated
    $0
    Hours/week
    1

  • Terry Karges

    Director

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Meyers

    Director

    Total calculated
    $0
    Hours/week
    1

  • Theresa Miller

    Director

    Total calculated
    $0
    Hours/week
    1

  • Carolynn Santaniello

    COUNSEL

    Total calculated
    $0
    Hours/week
    1

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 · 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

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ATLANTIC EAST PROPERTY MANAGEMENT LLC

    PROPERTY MANAGEMENT · DE

    Directly controlled by PACIFIC WEST ASSOCIATION OF REALTORS

  • ATLANTIC EAST INVESTMENT PROPERTIES LLC

    INVESTMENT SECURITIES · DE

    Directly controlled by PACIFIC WEST ASSOCIATION OF REALTORS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PAC WEST ASSOC OF REALTORS MLS INC

    C CORP · MEMBERSHIP ASSOC · CA · 100% owned · share of income $100 · share of assets $100 · controlled entity

    Directly controlled by YES

Provenance

Return type
form_990
Tax year
2022
Filed
8 August 2023
IRS schema version
2022v5.0
Source object
202302269349303200

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.