Nonprofit · EIN 23-7230340
CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION
Tax-exempt · SACRAMENTO, CA 95814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $91,525 | $47,104 | $44,421 | $1,961,703 | $0 | $1,961,703 |
| December 31, 2023 | 990 | $70,180 | $35,611 | $34,569 | $1,876,287 | $0 | $1,876,287 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,000
- Program service revenue
- $0
- Investment income
- $81,525
- Net gain from sales of assets
- -$27,119
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $34,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $34,000
- Management and general (functional)
- $13,104
Balance sheet and other
- Total assets, start of year
- $1,876,287
- Total assets, end of year
- $1,961,703
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,961,703
- Publicly traded securities
- $1,855,264
- Net assets without donor restrictions
- $1,961,703
- Gross receipts
- $565,486
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1997
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| IQBAL BHOLAT | TREASURER Officer | 0.5 | $0 | $266,638 | $56,565 |
| PATRICIA A DOUGLAS | CHAIR Trustee or director, Officer | 0.5 | $0 | $1,000 | $0 |
| THOMAS P NINO | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LILIANA ALFONSO | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GINA AGUILAR | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| KATHERINE ARONSSON | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| CINDY BLANKENBURG | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE BROWN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| STACY A HARRIS-GREEN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| MARIA JOHNSON | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| ANDI MALLEN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY S NEIDLEMAN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| ADRIANA ORLANDO | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| IQBAL BHOLAT | TREASURER Officer | 0.5 | $0 | $248,451 | $33,056 |
| JEFFREY CAMPBELL | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PATRICIA A DOUGLAS | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| STACY A HARRIS-GREEN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GINA AGUILAR | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| LILIANA ALFONSO | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE BROWN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA DANE | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| ANDI MALLEN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY S NEIDLEMAN | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| THOMAS P NINO | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| ADRIANA ORLANDO | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JOY RAMIREZ | MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 915 L ST STE 1460, SACRAMENTO, CA 95814-3705
- Principal officer (990 for 2024)
- JUDITH E AUSTIN, 915 L STREET 1460, SACRAMENTO, CA 95814
- Signed the 990
- IQBAL BHOLAT, TREASURER
- Phone
- (213) 739-8200
- Website
- WWW.CAR.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 23-7230340 or by the name CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS IN THE REAL ESTATE FIELD ENROLLED IN CALIFORNIA UNIVERSITIES.
Program accomplishments
- CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION AWARDED 8 STUDENTS SCHOLARSHIPS TOTALING $34,000 TO ATTEND CALIFORNIA UNIVERSITIES.Expenses $34,000 · grants $34,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7230340
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $1,961,703
- Income (IRS master file)
- $565,486
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $91,525 | $47,104 | $1,961,703 | XML |
| 990 | December 2023 | $70,180 | $35,611 | $1,876,287 | XML |
| 990 | December 2022 | $193,177 | $27,063 | $1,770,127 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7230340).
Questions about CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION
- What is the EIN of CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION is 23-7230340.
- Is CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2024 names JUDITH E AUSTIN.
- Who are the officers and directors of CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does CALIFORNIA ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $91,525, expenses of $47,104 and total assets of $1,961,703 at year end.
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