Commerce Investment Real Estate Owners Association

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

EIN: 954691876 ✦ Rancho santa fe, CA ✦ Designated as a 501(c)(6)

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Overview

What is Commerce Investment Real Estate Owners Association?

The Commerce Investment Real Estate Owners Association is a nonprofit organization that offers membership and related services, with a primary focus on insurance. They hold the title to various insurance policies and provide inspection services before issuing these policies. Established with the purpose of managing insurance policies, the association aims to provide its members with valuable insurance-related information through a newsletter.

Is Commerce Investment Real Estate Owners Association legitimate?

Commerce Investment Real Estate Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Commerce Investment Real Estate Owners Association submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Commerce Investment Real Estate Owners Association?

The Commerce Investment Real Estate Owners Association was established with the mission to manage insurance policies. One of its primary activities is providing membership, which includes delivering an insurance-related newsletter. The organization also takes on the responsibility of inspecting properties prior to issuing insurance policies. Its central role is to hold and manage insurance policies for its members, ensuring they have adequate coverage.

Who is the CEO of Commerce Investment Real Estate Owners Association?

Aden Randles is the President/Secretary of Commerce Investment Real Estate Owners Association.

What is the revenue of Commerce Investment Real Estate Owners Association?

Commerce Investment Real Estate Owners Association's revenue in 2022 was $15,875.

Who are the executives of Commerce Investment Real Estate Owners Association and what are their salaries?


Here are 3 key members and their salaries:


Donald Randles (President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Randles (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aden Randles (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Commerce Investment Real Estate Owners Association?

Commerce Investment Real Estate Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Commerce Investment Real Estate Owners Association

Commerce Investment Real Estate Owners Association, established with the primary objective, serves its members by managing insurance policies. The organization's mission is multifaceted, involving the provision of an informative newsletter related to insurance matters and maintaining ownership of the insurance policies. Moreover, before issuing these policies, the association conducts thorough inspections to ensure their validity and appropriateness. The organization was founded with the primary purpose of overseeing and managing insurance policies, demonstrating its commitment to safeguarding its members' interests in the realm of insurance.

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Impact




October, 2024

The Commerce Investment Real Estate Owners Association significantly impacts its members by providing essential resources and support in the realm of insurance. By offering a dedicated insurance newsletter, the organization ensures that members stay informed about the latest developments and trends that can affect their investments. Additionally, it facilitates a robust framework for risk management through inspection services prior to policy issuance, helping to enhance the safety and viability of properties owned by its members.

This proactive approach not only safeguards individual investments but also contributes to broader community improvement by promoting responsible property management practices. Furthermore, by holding the title to insurance policies, the association streamlines the underwriting process, making it easier for members to navigate insurance complexities. Collectively, these efforts foster a safer, more informed, and resilient real estate investment environment within Rancho Santa Fe and beyond.




This information is meant to be a general summary of Commerce Investment Real Estate Owners Association. 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
$15,875 (2022)
Expenses
$6,410 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $15,875

Assets and Liabilities:

  • Total Assets: $1,753,822
  • Total Liabilities: $1,690,586
  • Net Assets: $63,236

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Organization Details

Founding Year

1998

Principal Officer

Aden Randles

Main Address

16985 VIA CUESTA VERDE 676050, RANCHO SANTA FE, CA, 92067

NTEE Category

Code: S47 - Community improvement

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