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Asian Real Estate Association Of America

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263955987 ✦ San diego, CA ✦ Designated as a 501(c)(6)

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Overview

What is Asian Real Estate Association Of America?

The Asian Real Estate Association of America is a nonprofit organization with a mission to foster home ownership amongst minorities in the United States. By providing education and support, this organization aims to contribute to the growth of minority home ownership. While specific details about their activities or initiatives are not provided in the information, the overarching goal is clear: to empower minority communities in achieving home ownership.

Is Asian Real Estate Association Of America legitimate?

Asian Real Estate Association Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Asian Real Estate Association Of America submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Asian Real Estate Association Of America?

The Asian Real Estate Association of America is dedicated to promoting homeownership among minorities in the United States. Their purpose is to educate and facilitate the growth of this segment of the population in the real estate market. By doing so, they aim to contribute to the broader objective of minority home ownership. Their activities are centered around this mission, with a focus on promoting access to homeownership opportunities for minority communities.

Who is the CEO of Asian Real Estate Association Of America?

Melissa Sofia is the President of Asian Real Estate Association Of America.

What is the revenue of Asian Real Estate Association Of America?

Asian Real Estate Association Of America's revenue in 2021 was $95,193.

Who are the executives of Asian Real Estate Association Of America and what are their salaries?


Here are 13 key members and their salaries:


Nick Harris (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheri Mosdell (Immediate Pas President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Lomahan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Sofia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Tai (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Nguyen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Novicio (Community Outreach Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Lomahan (Community Outreach Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahalene Dulay (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mie Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loida Guevara (Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Kim (Board Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haley Kremansky (Edge Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Asian Real Estate Association Of America?

Asian Real Estate Association Of America's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Asian Real Estate Association Of America

The Asian Real Estate Association of America is committed to a mission that aims to foster and promote home ownership among minorities in the United States. This nonprofit organization strives to educate and support individuals from minority communities in their journey towards becoming homeowners. By prioritizing minority home ownership, the Asian Real Estate Association of America seeks to contribute positively to the broader housing market and societal equity.

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Impact




October, 2024

The Asian Real Estate Association of America (AREAA) plays a significant role in promoting and facilitating home ownership among minority communities in the United States. By focusing on education and resources, AREAA empowers individuals with the knowledge and tools necessary to navigate the complexities of the real estate market. This organization not only fosters opportunities for minority homebuyers but also contributes to community improvement and economic development.

Through its initiatives, AREAA addresses the unique challenges that minorities face in achieving home ownership, such as access to financing, understanding housing policies, and overcoming cultural barriers. By advocating for policies that support minority homeowners and providing valuable educational programs, AREAA strengthens community ties and enhances the overall welfare of underserved populations. Their work ultimately leads to increased representation of minorities in the housing market, positively impacting neighborhoods and the economy as a whole.




This information is meant to be a general summary of Asian Real Estate Association Of America. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$95,193 (2021)
Expenses
$102,122 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $95,193

Assets and Liabilities:

  • Total Assets: $32,165
  • Total Liabilities: $0
  • Net Assets: $32,165

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Organization Details

Principal Officer

Melissa Sofia

Main Address

2535 Kettner Blvd STE 3A5, San Diego, CA, 92101

NTEE Category

Code: S41 - Community improvement

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