Civic Intelligence

Areaa Boston Chapter

990EZ • Fiscal year 2021 • EIN 46-1669978

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

99th percentile

95%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

83rd percentile

40%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-33%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$118,450

Up $33,674 (+40%) from 2020

Net Assets

Up

$118,450

Up $33,674 (+40%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

$35,399

Down $17,547 (-33%) from 2020

Expenses

Down

$1,725

Down $15,551 (-90%) from 2020

Net Income

Down

$33,674

Down $1,996 (-5.6%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd 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

2021

Assets$118,450
Liabilities-
Net Assets$118,450
Open 2021 Filing

Operations Trend

Revenue Growth18th 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

2021

Revenue$35,399
Expenses$1,725
Net Income$33,674
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.1
Gross Receipts
$49,285
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
Holiday Event: A fundraising for donation to food pantry, provide networking opportunitiesfor members and related business associations to buil up closer relationships as well as promote AREAA'S visibility.--
AREAA Dim Sum: A networking event that invites new members and sponsors to understand our mission in real estate--
AREAA Commercial networking event: a networking event for AREAA's members andreal estate professionals.--
Compensation and Service Providers
Top Officer Pay72nd 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----
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
2022-05-10

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

“Contribution to GBAR - The Greater Boston Association of REALTORS 500.”

Form 990EZ, Part I, Line 16

“Other”

Raw XML Appendix125 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
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/BOYAmt084776
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0118450
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt033674
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01225
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt084776
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0118450
IRS990EZ/FundraisingGrossIncomeAmt049285
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt049285
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084776
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0118450
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084776
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0118450
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/OtherExpensesTotalAmt0500
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/DescriptionProgramSrvcAccomTxt0Holiday Event: A fundraising for donation to food pantry, provide networking opportunitiesfor members and related business associations to buil up closer relationships as well as promote AREAA'S visibility.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AREAA Dim Sum: A networking event that invites new members and sponsors to understand our mission in real estate
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2AREAA Commercial networking event: a networking event for AREAA's members andreal estate professionals.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt013886
IRS990EZ/SpecialEventsNetIncomeLossAmt035399
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01725
IRS990EZ/TotalRevenueAmt035399
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://areaa.org/boston/
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Contribution to GBAR - The Greater Boston Association of REALTORS 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 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/SignatureDt02022-05-10
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/PreparerFirmEIN0813521537
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/ReturnTs02022-08-10T08:25:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kathleen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lau
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,450
Liabilities
-
Net assets
$118,450
Revenue
$35,399
Expenses
$1,725
Net income
$33,674
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
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • <$500k nonprofits