Civic Intelligence

Areaa Boston Chapter

990EZ • Fiscal year 2022 • EIN 46-1669978

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 14, 2023

Organization Profileareaa.org/boston
18 Wood AveEast Weymouth, MA 02189

(617) 605-2206

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

100th percentile

160%

Higher net margin than 100% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$96,636

Flat from 2022

Net Assets

$96,636

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Flat

-$13,629

Flat from 2022

Expenses

Flat

$8,185

Flat from 2022

Net Income

Flat

-$21,814

Flat from 2022

Historical Trend

Balance Sheet Trend

Asset Growth20th 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: $96,636Net Assets 2022: $96,6362022Assets 2022: $96,636Liabilities 2022: $02022Assets 2023: $70,133Liabilities 2023: $02023Assets 2024: $100,690Liabilities 2024: $0Net Assets 2024: $100,6902024

Highlighted filing

2022

Assets$96,636
Liabilities-
Net Assets$96,636
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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 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

2022

Revenue-$13,629
Expenses$8,185
Net Income-$21,814
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 14, 2023
Return Version
2022v5.0
Gross Receipts
$70,702
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 aspromote AREAA'S visibility. induction ceremony for the new board.--
AREAA Dim Sum: A networking event that invites new members and sponsors to understand our mission in real estate--
AREAA Fair Housing event: a networking event for AREAA's members andreal estate professionals.--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Henry ChoiPresidentPT$0--
Richie WongTreasurerPT$0--
Jacquelyn MedeirosSecretaryPT$0--
Abby Nguyen-BurkePast 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
6176052206
Address
18 Wood Ave, East Weymouth, MA 02189

Signing Officer

Name
Dick Wong
Title
Treasurer
Phone
6176052206
Signed
2023-02-14

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 1000.”

Form 990EZ, Part I, Line 16

“Contribution to Newton Food Pantry 5000.”

Form 990EZ, Part I, Line 16

“Contribution to North Shore Association 100.”

Form 990EZ, Part I, Line 16

“Bank charges 10.”

Raw XML Appendix124 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/AddressLine1Txt018 Wood Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0East Weymouth
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002189
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0118450
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt096636
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21814
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02075
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0118450
IRS990EZ/Form990TotalAssetsGrp/EOYAmt096636
IRS990EZ/FundraisingGrossIncomeAmt059035
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt070702
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt011667
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0118450
IRS990EZ/NetAssetsOrFundBalancesEOYAmt096636
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0118450
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt096636
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Henry Choi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Richie Wong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jacquelyn Medeiros
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Abby Nguyen-Burke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Past President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06110
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 aspromote AREAA'S visibility. induction ceremony for the new board.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AREAA Dim Sum: A networking event that invites new members and sponsors to understand our mission in real estate
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2AREAA Fair Housing event: a networking event for AREAA's members andreal estate professionals.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt084331
IRS990EZ/SpecialEventsNetIncomeLossAmt0-25296
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08185
IRS990EZ/TotalRevenueAmt0-13629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://areaa.org/boston/
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Contribution to GBAR - The Greater Boston Association of REALTORS 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Contribution to Newton Food Pantry 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Contribution to North Shore Association 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank charges 10.
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
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Dick Wong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06176052206
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AREAA BOSTON CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0AREA
ReturnHeader/Filer/EIN0461669978
ReturnHeader/Filer/PhoneNum06176052206
ReturnHeader/Filer/USAddress/AddressLine1Txt018 Wood Ave
ReturnHeader/Filer/USAddress/CityNm0East Weymouth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002189
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02023-10-10T09:09:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dick
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wong
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,636
Liabilities
-
Net assets
$96,636
Revenue
-$13,629
Expenses
$8,185
Net income
-$21,814
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
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.97$0.14$0.08$0.22
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