2024-11-14T16:57:44-06:00 2023-12-31 954046751 KATZ CASSIDY AN ACCOUNTANCY CORPORATION 11400 W OLYMPIC BLVD SUITE 1050 LOS ANGELES CA 90064 990 2023-01-01 954215253 LOS ANGELES COMMERCIAL REALTY ASSOC LOSA 2136342805 1616 W MAGNOLIA BLVD BURBANK CA 91506 ERIC LYON TREASURER 2136342805 2024-11-01 1 0 GARY OSTERHOUT P00851733 3104776300 2024-11-01 2023 2024-10-15 13:58:12Z STEVE SOMER 100 WILSHIRE BLVD STE 1500 SANTA MONICA CA 90401 375681 0 X WWW.LACRA.ORG X 1989 CA REAL ESTATE PROFESSIONALS' FORUM 17 17 5 60 0 0 236105 230475 21726 18113 38 38 -8664 -231 249205 248395 0 0 0 0 121005 126538 0 0 0 145944 117611 266949 244149 -17744 4246 70744 81239 10104 16353 60640 64886 REAL ESTATE PROFESSIONALS' FORUM 0 0 166491 18113 THE ORGANIZATION PROVIDES INFORMATION REGARDING COMMERCIAL REAL ESTATE FOR ALL OF ITS MEMBERS. THESE MEMBERS ARE ACTIVELY INVOLVED IN THE MARKETING, DEVELOPMENT AND SALES OF COMMERCIAL REAL ESTATE IN THE METROPOLITAN LOS ANGELES AREA. 166491 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 5 0 5 1 0 0 0 0 1 1 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X RACHEL MATHEWS 2136342805 1616 W MAGNOLIA BLVD PASADENA CA 91506 RYAN HURSH BOARD MEMBER 1.00 X 0 0 0 STEVEN KOLSKY BOARD MEMBER 1.00 X 0 0 0 MARTIN CAVERLY PAST CHAIRMAN 1.00 X 0 0 0 PETER COLLINS BOARD MEMBER 1.00 X 0 0 0 PATRICK AMOS BOARD MEMBER 1.00 X 0 0 0 ELAN MATLOVSKY CO-CHAIRMAN 1.00 X X 0 0 0 JOHN TIPTON LEGAL COUNSEL 1.00 X 0 0 0 TONY NATSIS LEGAL COUNSEL 1.00 X 0 0 0 STEVE SOMER CO-CHAIRMAN 1.00 X X 0 0 0 CAITLIN HOFFMAN BOARD MEMBER 1.00 X 0 0 0 RICK GOLD PAST CHAIRMAN 1.00 X 0 0 0 PATRICK NALLY BOARD MEMBER 1.00 X 0 0 0 JOSH WROBEL BOARD MEMBER 1.00 X 0 0 0 ALEXANDER CAMERON BOARD MEMBER 1.00 X 0 0 0 RACHEL MATHEWS EXEC DIRECTOR 35.00 X X 102000 0 0 JOHN OLLEN BOARD MEMBER 1.00 X 0 0 0 KELLY PUCCI BOARD MEMBER 1.00 X 0 0 0 ERIC LYON TREASURER 0.00 X 0 0 0 102000 0 0 1 0 0 0 0 45300 185175 230475 NETWORKING MEETINGS 900099 18113 18113 18113 38 38 127055 185175 127286 -231 -231 248395 18113 0 -193 102000 81600 20400 4145 3316 829 12000 9600 2400 8393 6714 1679 2200 2200 6311 99 6212 14598 11678 2920 4235 4235 29022 29022 53892 47677 6215 6412 5130 1282 OTHER EXPENSES 815 652 163 MEMBERSHIP FEES 95 0 95 POSTAGE & SHIPPING 31 25 6 244149 166491 77658 0 28428 38886 39316 39353 3000 3000 70744 81239 10104 16353 10104 16353 X 0 0 0 0 60640 64886 60640 64886 70744 81239 4246 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 PART I-A, LINE 1: NONE GOLF EVENT 312230 185175 127055 24314 32000 63865 7108 312230 185175 127055 24314 32000 63865 7108 127287 -232 FORM 990, PART V, LINE 6B: THIS IS THE STATEMENT INCLUDED WITH EVERY SOLICITATION THAT CONTRIBUTIONS TO OUR ORGANIZATION ARE NOT TAX DEDUCTIBLE: "LACRA IS A 501(C)(6) NON-PROFIT CORPORATION. WHILE CONTRIBUTIONS TO A 501(C)(3) CHARITABLE ORGANIZATION ARE TAX DEDUCTIBLE BY THE DONOR, DONATIONS TO A 501(C)(6) ARE NOT TAX DEDUCTIBLE. CONTRIBUTIONS TO A 501(C)6) MAY BE REPORTED AS A BUSINESS EXPENSE." FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS EXECUTIVE MEMBERS: DIRECTLY ELECT 7 OF THE 14 MEMBERS OF THE GOVERNING BODY, SEPARATE FROM THE NON-VOTING MEMBER SLATE; APPROVE CHANGES TO ARTICLES OF INCORPORATION AND BYLAWS, AND VOTE ON DISSOLUTION AND DISTRIBUTION OF ALL OR SUBSTANTIALLY ALL ASSETS; RECEIVE A PRO RATA DISTRIBUTION OF ASSETS UPON DISSOLUTION. NON-VOTING MEMBERS: DIRECTLY ELECT 7 OF THE 14 MEMBERS OF THE GOVERNING BODY, SEPARATE FROM THE EXECUTIVE MEMBER SLATE. FORM 990, PART VI, SECTION A, LINE 7A SEE 6A DESCRIPTION FOR INITIAL GOVERNING BODY ELECTION. GOVERNING BOARD APPOINTS/APPROVES VACANCIES. FORM 990, PART VI, SECTION A, LINE 7B SEE DESCRIPTIONS FOR 6A AND 7A. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE EXECUTIVE DIRECTOR OR A PERSON AUTHORIZED BY THE EXECUTIVE DIRECTOR WILL PROVIDE A COPY OF THE 990 TO ALL BOARD MEMBERS EITHER BY HARD COPY AND OR ELECTRONICALLY FOR REVIEW PRIOR TO THE FILING DATE OF THE 990 TAX FORM. ALL BOARD MEMBERS, OFFICERS AND DIRECTORS WILL BE AFFORDED THE OPPORTUNITY TO ASK QUESTIONS AND OFFER EDITS. THE DECISION OF WHETHER TO MAKE EDITS WILL BE MADE BY THE STAFF PERSON IN CHARGE OF FINANCES WITHIN THE ORGANIZATION IN CONJUNCTION AND CONSULTATION WITH LACRA'S TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR WILL COMPLETE A DIRECTOR STATEMENT PROVIDED BY THE ORGANIZATION CORPORATION IN SUBSTANTIALLY THE FORM OF EXHIBIT A. THE DIRECTOR STATEMENT WILL BE RETURNED BY EACH DIRECTOR TO THE EXECUTIVE DIRECTOR, WHO WILL REVIEW THE DIRECTOR STATEMENT AND PRESENT TO THE BOARD ANY CONFLICT TRANSACTIONS THAT HAVE NOT OTHERWISE BEEN DISCLOSED TO THE BOARD. NO DIRECTOR SHALL DISCLOSE, EXCEPT TO DIRECTORS AND PERSONNEL OF THE ORGANIZATION, ANY CONFIDENTIAL INFORMATION OBTAINED THROUGH HIS OR HER ASSOCIATION WITH THE ORGANIZATION. THE TERM "CONFIDENTIAL INFORMATION" INCLUDES INFORMATION, HOWEVER PROMULGATED, WHETHER SPOKEN, WRITTEN OR IN ELECTRONICALLY GENERATED FORM, RELATING TO THE BUSINESS OF THE ORGANIZATION WHICH IS NOT IN THE PUBLIC DOMAIN AND IS NOT OTHERWISE KNOWN TO THE DIRECTOR FROM A SOURCE OTHER THAN THE ORGANIZATION. THE ORGANIZATION SHALL COMPLY WITH ALL APPLICABLE LAWS AND REGULATIONS AND WITH THIS POLICY. LIKEWISE, EACH DIRECTOR SHALL COMPLY WITH SUCH LAWS AND REGULATIONS AND SUCH OF THIS POLICY AS MAY BE APPLICABLE TO SUCH INDIVIDUAL AS A DIRECTOR. THE BOARD OF DIRECTORS SHALL ALSO COMPLY, IN ITS OPERATION, WITH ALL APPLICABLE LAWS AND REGULATIONS. IN PARTICULAR, THE ORGANIZATION, THE BOARD AND EACH DIRECTOR SHALL COMPLY WITH APPLICABLE PROVISIONS OF THE INTERNAL REVENUE CODE AND THE REGULATIONS PROMULGATED THEREUNDER SO THAT THE ACTIVITIES OF THE ORGANIZATION FURTHER ITS CHARITABLE PURPOSE AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR EXCESS BENEFIT TRANSACTIONS OR OTHERWISE ADVERSELY AFFECT THE CORPORATION'S TAX EXEMPTION. THE ORGANIZATION SHALL TAKE APPROPRIATE REMEDIAL AND CORRECTIVE ACTION WITH RESPECT TO ANY VIOLATION OF THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE LACRA BOARD REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. AFTER DELIBERATION, A NEW PROPOSED SALARY IS VOTED ON BY THE LACRA BOARD OF DIRECTORS. THE MINUTES OF THE BOARD OF DIRECTORS WILL REFLECT THE NATURE OF THIS PROCESS. THE LACRA EXECUTIVE DIRECTOR POSITION IS A PART-TIME, SALARIED POSITION, AND NO BENEFITS ARE OFFERED IN ADDITION TO THE STATED SALARY COMPENSATION. ANY YEAR-END COMPENSATION IS AT THE DISCRETION OF THE LACRA BOARD OF DIRECTORS. IN SETTING COMPENSATION, THE LACRA BOARD OF DIRECTORS MAY CONSIDER, AMONG OTHER THINGS, EQUITABLE RELATIONSHIP WITH OTHER JOBS WITHIN THE ORGANIZATION AND THE ORGANIZATION'S ABILITY TO PAY. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.