Civic Intelligence

Areaa Boston Chapter

990EZ • Fiscal year 2020 • EIN 46-1669978

Jan 01, 2020 to Dec 31, 2020 • Filed on May 15, 2021

Organization Profileareaa.org/boston
716 Hancock StQuincy, MA 02170

(617) 947-8898

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

97th percentile

67%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

73%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

89%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$84,776

Up $35,670 (+73%) from 2019

Net Assets

Up

$84,776

Up $35,670 (+73%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin97th percentile

Revenue

Up

$52,946

Up $24,861 (+89%) from 2019

Expenses

Down

$17,276

Down $15,837 (-48%) from 2019

Net Income

Up

$35,670

Up $40,698 (+809%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth91st 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

2020

Assets$84,776
Liabilities-
Net Assets$84,776
Open 2020 Filing

Operations Trend

Revenue Growth98th 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

2020

Revenue$52,946
Expenses$17,276
Net Income$35,670
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.1
Gross Receipts
$108,115
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.--
Let's talk Boston: a networking event for AREAA's membersand real estate professionals.--
AREAA Commercial networking event: a networking event for AREAA's members andreal estate professionals.--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abby Nguyen-BurkePresidentPT$0--
Henry ChoiVice PresidentPT$0--
Kathleen LauTreasurerPT$0--
Jacquelyn MedeirosSecretaryPT$0--
Elena LauPast PresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$89,495$89,495$45,461$44,034
Total Events$89,495$89,495$45,461$44,034
Filing and Contact Details

Filer

Filer Name
Areaa Boston Chapter
EIN
46-1669978
Phone
6179478898
Address
716 Hancock St, Quincy, MA 02170

Signing Officer

Name
Kathleen Lau
Title
Treasurer
Phone
6179478898
Signed
2021-05-15

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 3259.”

Form 990EZ, Part I, Line 16

“Travel 3280.”

Form 990EZ, Part I, Line 16

“Meals and entertaiment 3924.”

Form 990EZ, Part I, Line 16

“Marketing 1155.”

Form 990EZ, Part I, Line 16

“Other 2063.”

Raw XML Appendix138 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/PhoneNum09783176328
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0716 Hancock St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Quincy
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002170
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049106
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt084776
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06649
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt035670
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03595
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt049106
IRS990EZ/Form990TotalAssetsGrp/EOYAmt084776
IRS990EZ/FundraisingGrossIncomeAmt0101466
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0108115
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt049106
IRS990EZ/NetAssetsOrFundBalancesEOYAmt084776
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt049106
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt084776
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/PersonNm0Abby Nguyen-Burke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Henry Choi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kathleen Lau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jacquelyn Medeiros
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Elena Lau
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/OtherExpensesTotalAmt013681
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/DescriptionProgramSrvcAccomTxt1Let's talk Boston: a networking event for AREAA's membersand real estate professionals.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2AREAA Commercial networking event: a networking event for AREAA's members andreal estate professionals.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt055169
IRS990EZ/SpecialEventsNetIncomeLossAmt046297
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017276
IRS990EZ/TotalRevenueAmt052946
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://areaa.org/boston/
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt045461
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt089495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt089495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt089495
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044034
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt045461
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt045461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office and administration expenses 3259.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 3280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meals and entertaiment 3924.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Marketing 1155.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other 2063.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kathleen Lau
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06179478898
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AREAA BOSTON CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0AREA
ReturnHeader/Filer/EIN0461669978
ReturnHeader/Filer/PhoneNum06179478898
ReturnHeader/Filer/USAddress/AddressLine1Txt0716 Hancock St
ReturnHeader/Filer/USAddress/CityNm0Quincy
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002170
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/ReturnTs02021-05-15T18:16:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kathleen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lau
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,776
Liabilities
-
Net assets
$84,776
Revenue
$52,946
Expenses
$17,276
Net income
$35,670
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
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.53$0.17$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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