Asian Real Estate Association of America Greater Chicago (EIN 262567124) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

SHARON WONG

Phone

3129701170

Tax Period

2024-01-01 to 2024-12-31

Asian Real Estate Association of America Greater Chicago, founded in 2009, is a micro nonprofit in the Community Improvement sector that reported $98K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

To promote sustainable homeownership opportunities in Asian American and Pacific Islander communities by creating a powerful national voice for housing and real estate professionals that serve this dynamic market.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,718

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $97,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $102,875

TOTAL EXPENSES $102,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,722	$82,130	+0.2%
Expenses	$102,875	$71,376	+0.4%
Net Income	$-5,153	$10,754	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH GOODCHILD	DIRECTOR	N/A	Director	$0	$0	$0
KASHYAB TRIVEDI	DIRECTOR	N/A	Director	$0	$0	$0
TUYEN NGUYEN	DIRECTOR	N/A	Director	$0	$0	$0
SHARON WONG	DIRECTOR	N/A	Director	$0	$0	$0
ANNIE CHAE	DIRECTOR	N/A	Director	$0	$0	$0
GIDEON BLUSTEIN	DIRECTOR	N/A	Director	$0	$0	$0
VICTORIA SILVANO	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN KIM	DIRECTOR	N/A	Director	$0	$0	$0
DON PRELL	DIRECTOR	N/A	Director	$0	$0	$0
CLEO AQUINO	PRESIDENT	N/A	Officer	$0	$0	$0
TONI WUNSCH	SECRETARY	N/A	Officer	$0	$0	$0
ELAINE GILMAN	VICE PRESIDENT / TREASURER	N/A	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$97,722	$102,875	$38,837	$-5,153
2023	$82,130	$71,376	$43,990	$10,754
2022	$94,213	$96,357	$50,236	$-2,144
2021	$59,066	$56,535	$35,380	$2,531
2020	$48,824	$46,879	$32,849	$1,945
2019	$79,549	$81,049	$30,904	$-1,500
2018	$68,810	$58,335	$32,404	$10,475

Asian Real Estate Association of America Greater Chicago