Civic Intelligence

Areaa Boston Chapter

990EZ • Fiscal year 2019 • EIN 46-1669978

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 15, 2020

Organization Profileareaa.org/boston
15 Marla CircleNewton Center, MA 02459

(508) 277-9939

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

27th percentile

-9.3%

Faster asset growth than 27% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$49,106

Down $5,028 (-9.3%) from 2018

Net Assets

Down

$49,106

Down $5,028 (-9.3%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin15th percentile

Revenue

Down

$28,085

Down $49,751 (-64%) from 2018

Expenses

Down

$33,113

Down $13,723 (-29%) from 2018

Net Income

Down

-$5,028

Down $36,028 (-116%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2017: $0Net Assets 2017: $142017Assets 2018: $54,134Net Assets 2018: $54,1342018Assets 2019: $49,106Net Assets 2019: $49,1062019Assets 2020: $84,776Net Assets 2020: $84,7762020Assets 2021: $118,450Net Assets 2021: $118,4502021Assets 2022: $96,636Liabilities 2022: $02022Assets 2023: $70,133Liabilities 2023: $02023Assets 2024: $100,690Liabilities 2024: $0Net Assets 2024: $100,6902024

Highlighted filing

2019

Assets$49,106
Liabilities-
Net Assets$49,106
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2017: $37,948Expenses 2017: $37,934Net Income 2017: $142017Revenue 2018: $77,836Expenses 2018: $46,836Net Income 2018: $31,0002018Revenue 2019: $28,085Expenses 2019: $33,113Net Income 2019: -$5,0282019Revenue 2020: $52,946Expenses 2020: $17,276Net Income 2020: $35,6702020Revenue 2021: $35,399Expenses 2021: $1,725Net Income 2021: $33,6742021Revenue 2022: -$13,629Expenses 2022: $8,185Net Income 2022: -$21,8142022Revenue 2023: $52,127Expenses 2023: $78,630Net Income 2023: -$26,5032023Revenue 2024: $97,844Expenses 2024: $67,287Net Income 2024: $30,5572024

Highlighted filing

2019

Revenue$28,085
Expenses$33,113
Net Income-$5,028
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 15, 2020
Return Version
2019v5.1
Gross Receipts
$157,658
Mission and Program Overview

Mission

To promote sustainable homeownership opportunities in the Asian American and Pacific Islander (AAPI) communities.

AREAA is a 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.

Program Services

DescriptionGrantsExpenses
Annual Gala: a fundraising event. provide networking opportunities for membersand related business associations to buil up closer relationships as well as promote AREAA'S visibility. induction ceremony for the new board.--
Annual Summer Cruise: a networking event for AREAA's membersand real estate professionals.--
Women in AREAA presents Our Views, Our Voicesa celebration of Womens History Month. a dynamic and interactive evening surrounded by entrepreneurial women who shared their stories and wisdom about overcoming challenges and reveal the formula of their success to get other women inspired and empowered.--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elena LauPresidentPT$0--
Bonnie LaiVice PresidentPT$0--
Dick LeeTreasurerPT$0--
Abby Nguyen-BurkeSecretaryPT$0--
Donald ChoiPast PresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$81,338$81,338$47,743$33,595
Annual Summer Cruise$20,701$20,701$12,196$8,505
Total Events$133,369$133,369$67,292$66,077
Filing and Contact Details

Filer

Filer Name
Areaa Boston Chapter
EIN
46-1669978
Phone
5082779939
Address
15 Marla Circle, Newton Center, MA 02459

Signing Officer

Name
Dick Lee
Title
Treasurer
Phone
5082779939
Signed
2020-04-15

Preparer

Firm
Julio Castro
Address
7914 Tyson Oaks Circle, Vienna, VA 22182
Preparer
Julio Castro
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Office and administration expenses 3362.”

Form 990EZ, Part I, Line 16

“Travel 12606.”

Form 990EZ, Part I, Line 16

“Meals and entertaiment 14745.”

Raw XML Appendix143 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Tami Boyle
IRS990EZ/BooksInCareOfDetail/PhoneNum05082779939
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015 Marla Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Newton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054134
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049106
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04341
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5028
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IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/FundraisingGrossIncomeAmt0153317
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0157658
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054134
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049106
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054134
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049106
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Elena Lau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Bonnie Lai
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dick Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Abby Nguyen-Burke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Donald Choi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Past President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030713
IRS990EZ/PrimaryExemptPurposeTxt0AREAA is a 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.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Annual Gala: a fundraising event. provide networking opportunities for membersand related business associations to buil up closer relationships as well as promote AREAA'S visibility. induction ceremony for the new board.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Annual Summer Cruise: a networking event for AREAA's membersand real estate professionals.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Women in AREAA presents Our Views, Our Voicesa celebration of Womens History Month. a dynamic and interactive evening surrounded by entrepreneurial women who shared their stories and wisdom about overcoming challenges and reveal the formula of their success to get other women inspired and empowered.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt0129573
IRS990EZ/SpecialEventsNetIncomeLossAmt023744
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033113
IRS990EZ/TotalRevenueAmt028085
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://areaa.org/boston/
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt067292
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Annual Summer Cruise
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt081338
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt031330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0133369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt081338
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt031330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0133369
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt066077
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07353
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt067292
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt047743
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012196
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office and administration expenses 3362.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 12606.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meals and entertaiment 14745.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Dick Lee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05082779939
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AREAA BOSTON CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0AREA
ReturnHeader/Filer/EIN0461669978
ReturnHeader/Filer/PhoneNum05082779939
ReturnHeader/Filer/USAddress/AddressLine1Txt015 Marla Circle
ReturnHeader/Filer/USAddress/CityNm0Newton Center
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002459
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId047B5C4651D231D960E195DC74D999A1B9CCAF58C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId047B5C4651D231D960E195DC74D999A1B9CCAF58C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.169.32.144
ReturnHeader/FilingSecurityInformation/IPDt02020-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm018:50:51
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JULIO CASTRO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07914 Tyson Oaks Circle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Vienna
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022182
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Julio Castro
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-05-10T18:51:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,106
Liabilities
-
Net assets
$49,106
Revenue
$28,085
Expenses
$33,113
Net income
-$5,028
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.98$0.67$0.31
2023Summary only. Only limited summary data is available for this year.$0.70$0.00$0.52$0.79$0.27
2022Summary only. Only limited summary data is available for this year.$0.97$0.00$0.14$0.08$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.18$1.18$0.35$0.02$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.85$0.53$0.17$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.28$0.33$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.54$0.78$0.47$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.38$0.38$0.00