BAKERSFIELD ASSOCIATION OF REALTORS

EIN: 951450693 Community Improvement

BAKERSFIELD, CA

Total Revenue
$1,035,804
Total Expenses
$991,907
Total Assets
$3,660,278
Net Assets
$2,926,281
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
CA
Principal Officer
KIM HUCKABY
Phone
6616352300
Tax Period
2024-07-01 to 2025-06-30

BAKERSFIELD ASSOCIATION OF REALTORS, founded in 1949, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $992K left a modest 4% surplus.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO PROMOTE AND ADVANCE THE REAL ESTATE INDUSTRY IN BAKERSFIELD, CA BY PROVIDING QUALITY SERVICES TO ITS MEMBERS AND BY PROMOTING THE REALTOR IMAGE THROUGH COMMUNITY INVOLVEMENT.

Program Service Accomplishments

Program 1

THE ORGANIZATION AIMS TO PROMOTE AND ADVANCE THE REAL ESTATE INDUSTRY IN BAKERSFIELD, CA BY PROVIDING EDUCATION AND RESOURCES TO OVER 2,200 MEMBERS. THE ORGANIZATION ALSO PROMOTES THE REALTOR IMAGE...

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THE ORGANIZATION AIMS TO PROMOTE AND ADVANCE THE REAL ESTATE INDUSTRY IN BAKERSFIELD, CA BY PROVIDING EDUCATION AND RESOURCES TO OVER 2,200 MEMBERS. THE ORGANIZATION ALSO PROMOTES THE REALTOR IMAGE BY PERFORMING COMMUNITY SERVICES AND MAKING DONATIONS TO CERTAIN NON-PROFIT ORGANIZATIONS WITHIN THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $848,542
Investment Income $24,418
Other Revenue $162,844
TOTAL REVENUE $1,035,804

Expense Breakdown

Grants Paid $0
Salaries & Benefits $489,463
Fundraising Expenses $0
Other Expenses $502,444
TOTAL EXPENSES $991,907

Year-over-Year Comparison

2024 2023 Change
Revenue $1,035,804 $1,029,200 +0.0%
Expenses $991,907 $965,328 +0.0%
Net Income $43,897 $63,872 -0.3%
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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Governance

Voting Members
13
Independent Members
13
Employees
11
Volunteers
110

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
1
$228,072
Total Directors
18
$228,072
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK SPRAGUE CEO 20.00
Officer Director
$103,607 $20,858 $228,072
JENNY MAGANA President 4.00
Director
$0 $0 $0
CAMILLE REDMOND Director 1.00
Director
$0 $0 $0
AMARJIT BHUEE Vice President 4.00
Director
$0 $0 $0
GLENN PORTER Director 1.00
Director
$0 $0 $0
BRIAN TUTTLE Director 1.00
Director
$0 $0 $0
PARIS DAVIS PRESIDENT ELECT 4.00
Director
$0 $0 $0
TERRI MEYER COLLINS Director 1.00
Director
$0 $0 $0
ALISHAAN ABBAS Director 1.00
Director
$0 $0 $0
MICHELLE VALVERDE Past President 4.00
Director
$0 $0 $0
CHYANNE WILEMON Director 1.00
Director
$0 $0 $0
CARRIE CULLIFER SECRETARY/TREAS 4.00
Director
$0 $0 $0
SUMER L WEBB Director 0.00
Director
$0 $0 $0
BILL MELL PAST PRESIDENT 4.00
Director
$0 $0 $0
HABIB BOBBY CHALHOUB Director 0.00
Director
$0 $0 $0
KIM HUCKABY INTERIM CEO 4.00
Director
$0 $0 $0
ROGER MAGANA Director 1.00
Director
$0 $0 $0
CECILIA L CLARK Director 0.00
Director
$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
2025 $1,035,804 $991,907 $3,660,278 $43,897
2024 No data No data No data No data
2023 $1,063,309 $883,149 $3,616,585 $180,160
2022 $988,760 $788,942 $3,461,075 $199,818
2021 $1,040,428 $745,280 $3,295,131 $295,148
2020 $900,346 $951,086 $3,000,237 $-50,740
2019 $932,210 $985,911 $2,931,068 $-53,701
2018 $827,701 $920,591 $3,098,716 $-92,890
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