Civic Intelligence

Real Estate Recovery Mission Inc

EIN 26-3763022 • 501(c)3 • Alhambra, CA

Profile

Remodel slump buildings to provide housing to low incomes.

200 S Garfield Ave Ste 208CAlhambra, CA 91801

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$25,306

Down $235,094 (-90%) from 2019

Liabilities

Down

$0

Down $130,300 (-100%) from 2019

Net Assets

Down

$25,306

Down $104,794 (-81%) from 2019

Operations
Liabilities / Revenue35th percentileNet Margin100th percentile

Revenue

Down

$25,306

Down $43,650 (-63%) from 2019

Expenses

Down

$0

Down $67,560 (-100%) from 2019

Net Income

Up

$25,306

Up $23,910 (+1713%) from 2019

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2013: $18,357Liabilities 2013: $24,604Net Assets 2013: -$6,2472013Assets 2014: $23,054Liabilities 2014: $18,454Net Assets 2014: $4,6002014Assets 2019: $260,400Liabilities 2019: $130,300Net Assets 2019: $130,1002019Assets 2023: $25,306Liabilities 2023: $0Net Assets 2023: $25,3062023

Highlighted filing

2023

Assets$25,306
Liabilities$0
Net Assets$25,306
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2013: $26,000Expenses 2013: $12,288Net Income 2013: $13,7122013Revenue 2014: $43,474Expenses 2014: $32,628Net Income 2014: $10,8462014Revenue 2019: $68,956Expenses 2019: $67,560Net Income 2019: $1,3962019Revenue 2023: $25,306Expenses 2023: $0Net Income 2023: $25,3062023

Highlighted filing

2023

Revenue$25,306
Expenses$0
Net Income$25,306
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,306
Liabilities
$0
Net assets
$25,306
Revenue
$25,306
Expenses
$0
Net income
$25,306
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.25$0.00$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.60$1.30$1.30$0.69$0.68$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.18$0.05$0.43$0.33$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.25$0.06$0.26$0.12$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.1
Gross Receipts
$594,940
Mission and Program Overview

Mission

The purposes of this organization is instruct the public on subjects useful to the individual and beneficial to the community and provide to the poor, distressed, and underprivileged. We futher our purposes under this program by assisting those with low income an opportunity to purchase a home.

Remodel slump buildings to provide housing to low incomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$215,000--
Cash and Non-Interest-Bearing Accounts$45,339$25,306▼ $20,033
Rtn Earn Endowment Incm Other Fnds$260,339$25,306▼ $235,033
Total Assets$260,339$25,306▼ $235,033
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,339$25,306▼ $235,033
Total Liabilities and Net Assets / Fund Balance$260,339$25,306▼ $235,033
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Tadeusz SikoraDirector
Ginny LinSecetray
John MaganaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,240
Program Service Revenue
$0
Investment Income
$15,866
Other Revenue
$7,200
All Other Contributions
$2,240
Change in Net Assets
$25,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Not reivew”

Governing documents etc available to public Part VI line 19

“upon request”

Filing and Contact Details

Filer

Filer Name
Real Estate Recovery Mission Inc
EIN
26-3763022
Address
200 S GARFIELD AVE STE 208C, Alhambra, CA 91801

Signing Officer

Name
Tadeusz Sikora
Title
President
Phone
6265374187
Signed
2024-05-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Tadeusz Sikora President
Formed
2010
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
America Enterprise Inc
Address
1120 W Valley Blvd, ALHAMBRA, CA 91803-2439
Preparer
Chungman Hoea
Phone
6262898181
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“property sold IN 2023”

Raw XML Appendix292 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/FormationYr02010
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0585500
IRS990/GrossReceiptsAmt0594940
IRS990/GrossRentsGrp/RealAmt07200
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt00
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IRS990/IRPDocumentCnt00
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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0569634
IRS990/LoanOutstandingInd0false
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt015866
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-260339
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYContributionsGrantsAmt062030
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IRS990/PYTotalExpensesAmt090292
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025306
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02240
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/Filer/EIN0263763022
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALHAMBRA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0918032439
ReturnHeader/PreparerPersonGrp/PhoneNum06262898181
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHUNGMAN HOEA
ReturnHeader/ReturnTs02024-10-29T17:34:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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