Asian Real Estate Assoc of America Greater La Chapter

Nonprofit profile at a glance

EIN
264045273
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Covina, CA, USA
Phone
6262269447
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$146,698
Expenses
$164,195
Assets
$30,515

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • Taehoon Gang (President)
  • William Ruiz (Vice President)
  • William Wang (Past President)

People named in this filing

  • Taehoon Gang (President)
  • William Ruiz (Vice President)
  • William Wang (Past President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The asian real estate association of america (areaa) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership opportunities in asian american communities by creating a powerful national voice for housing and real estate professionals that serve this dynamic market.

What it reported doing in 2024

In 2024, the Asian Real Estate Association of America Greater Los Angeles Chapter (AREAA GLA) hosted over 10 educational and community-focused events serving real estate professionals across the Greater Los Angeles region.These programs included continuing education classes, professional development workshops, housing policy discussions, and networking mixers designed to equip members with industry knowledge, leadership skills, and meaningful professional connections.Through these initiatives, AREAA GLA advanced its mission to empower Asian American and Pacific Islander (AAPI) real estate professionals to grow their businesses, elevate industry standards, and better serve diverse communities by promoting sustainable homeownership, economic opportunity, and fair housing practices.Collectively, these programs strengthened professional competency, encouraged collaboration among industry partners, and reinforced AREAA GLAs role as a trusted resource and advocate within the real estate industry and the communities it serves.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.9%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -0.6% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.