EIN 45-2458485

Veterans Association of Real Estate Professionals (VAREP)

IRS 501(c) type
501(c)(3)
Num. employees
26
City
Year formed
2011
Most recent tax filings
2023-12-01
Description
To increase sustainable homeownership, financial-literacy education, VA loan awareness, and economic opportunity for the active-military and veteran communities.
Also known as...
USA Homeownership Foundation
Total revenues
$5,837,779
2023
Total expenses
$6,821,958
2023
Total assets
$2,485,990
2023
Num. employees
26
2023

Program areas at VAREP

The organization developed and rehabilitated homes and sold at a discounted purchase price to active duty military and veterans. In addition, the organization paid the escrow fees and other expenses during the rehabilitation period.
The organization rehabilitated 2 properties and donated them mortgage free to a veteran.
Planned and sponsored a policy conference and a national conference, in addition to other events. Through the conferences educational information, awareness and training was provided to real estate professionals, active military and veterans about the resources available to facilitate home ownership, including the VA home loan program.

Grants made by VAREP

GranteeGrant descriptionAmount
VetCaresDonation$71,435

Who funds Veterans Association of Real Estate Professionals (VAREP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Homefree USAProperty Purchased for Renovation and Sale To Low and Moderate Income Potential Homeowners.$217,791
Home Means Nevada (HMN)$137,375
The Bank of America Charitable FoundationProgram/operating Support$500
...and 1 more grant received

Personnel at VAREP

NameTitleCompensation
Son NguyenPresident$100,000
Jose F Labias RamirezIt Director$110,000
Carla LemonSecretary$45,000

Financials for VAREP

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,620,074
Program services$2,148,981
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$68,724
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,837,779

Form 990s for VAREP

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-11990View PDF
2022-122023-03-06990View PDF
2021-122022-04-06990View PDF
2020-122021-05-20990View PDF
2019-122021-01-21990View PDF
...and 7 more Form 990s
Data update history
June 29, 2024
Used new vendors
Identified 1 new vendor, including
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingHomelessnessBusiness and industry
Characteristics
Fundraising eventsCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
495 E Rincon St 110
Corona, CA 92879
Metro area
Riverside-San Bernardino-Ontario, CA
County
Riverside County, CA
Website URL
varep.net/ 
Phone
(951) 444-7363
Facebook page
VAREPNational 
Twitter profile
@varepnational 
IRS details
EIN
45-2458485
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L03: Housing and Shelter Professional Societies and Associations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Central organization
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