HOUSTON REAL ESTATE ASSOCIATION

EIN: 741610106

HOUSTON, TX

Total Revenue
$108,328
Total Expenses
$108,724
Total Assets
$48,957
Net Assets
$48,957
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
TX
Principal Officer
MARLA LEWIS
Phone
7135512092
Tax Period
2022-01-01 to 2022-12-31

HOUSTON REAL ESTATE ASSOCIATION, founded in 1947, is a small nonprofit that reported $108K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

TO ASSIST BROKERS WITH REAL ESTATE SALES AND ASSIST PROSPECTIVE HOMEBUYERS IN PURCHASING A HOME BY OFFERING CLASSES, SEMINARS AND CONSULTATION.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $72,136
Investment Income $15
Other Revenue $36,177
TOTAL REVENUE $108,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,408
Fundraising Expenses $8,520
Other Expenses $88,316
TOTAL EXPENSES $108,724

Year-over-Year Comparison

2022 2021 Change
Revenue $108,328 $179,163 -0.4%
Expenses $108,724 $155,664 -0.3%
Net Income $-396 $23,499 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
18

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
9
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLEY BARNES-HENSON CHAIRPERSON OF THE BOARD 5.00
Director
$0 $0 $0
BRIDGET ROSS DIRECTOR 5.00
Director
$0 $0 $0
WILLIAM PITRE DIRECTOR 5.00
Director
$0 $0 $0
MATASHA LAQUINN DIRECTOR 5.00
Director
$0 $0 $0
KIMBERLY MORRIS DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL G DAVIS DIRECTOR 5.00
Director
$0 $0 $0
DR JUAN ZANE CRAWFORD DIRECTOR 5.00
Director
$0 $0 $0
VICTOR LOFINMAKIN DIRECTOR 5.00
Director
$0 $0 $0
LADONNA PARKER DIRECTOR 5.00
Director
$0 $0 $0
KATRINA BARNES DIRECTOR 5.00
Director
$0 $0 $0
MARLA LEWIS PRESIDENT 5.00
Officer
$0 $0 $0
FELICIA GUIDRY 1ST VICE PRESIDENT 5.00
Officer
$0 $0 $0
VACANT 2ND VICE PRESIDENT 5.00
Officer
$0 $0 $0
SHANNON HIGGINS SECRETARY 5.00
Officer
$0 $0 $0
SHAMIKA JONES ASSISTANT SECRETARY 5.00
Officer
$0 $0 $0
LATORYA HOLMES TREASURER 5.00
Officer
$0 $0 $0
CURTIS WILSON JR ASSISTANT TREASURER 5.00
Officer
$0 $0 $0
MARK SONNIER PARLIMENTARIAN 5.00
Officer
$0 $0 $0
BOBBYE MILLS CHAPLAIN 5.00
Officer
$0 $0 $0
DEIRDRA TAYLOR ADMINISTRATIVE ASSISTANT 30.00
Highest
$20,408 $0 $20,408
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 No data No data No data No data
2023 No data No data No data No data
2022 $108,328 $108,724 $48,957 $-396
2021 $179,163 $155,664 $51,178 $23,499
2020 $99,252 $94,053 $40,883 $5,199
2019 $224,234 $252,541 $35,949 $-28,307
2018 $184,741 $147,633 $46,564 $37,108
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