CALIFORNIA ASSOCIATION OF BUSINESS BROKERS: Form 990EZ, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CALIFORNIA ASSOCIATION OF BUSINESS BROKERS (EIN 77-0168768)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-13
- IRS object ID
- 202121339349201577
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-13T09:23:48-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770412784 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Roeser Accountancy Corp | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9 River Park Place East Suite 450 | AddressLine1Txt |
| City | Fresno | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93720 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770168768 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | California Association of Business | BusinessNameLine1Txt |
| Business Name Line2 | Brokers | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CALI | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 N First St | AddressLine1Txt |
| City | Fresno | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93726 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICH SCHAMMEL | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2021-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICH | PersonFirstNm |
| Person Last | SCHAMMEL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William E Roeser CPA | PreparerPersonNm |
| PTIN | P00022001 | PTIN |
| Phone | 5592255200 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $189,696 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Program Service Revenue | $41,710 | ProgramServiceRevenueAmt |
| Membership Dues | $147,979 | MembershipDuesAmt |
| Investment Income | $7 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $189,696 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $83,720 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $526 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $73,257 | OtherExpensesTotalAmt |
| Total Expenses | $157,503 | TotalExpensesAmt |
| Excess Or Deficit For Year | $32,193 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $76,507 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $108,700 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,074 | BOYAmt |
| EOY | $176,296 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,695 | BOYAmt |
| EOY | $1,851 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,769 | BOYAmt |
| EOY | $178,147 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,262 | BOYAmt |
| EOY | $69,447 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,507 | BOYAmt |
| EOY | $108,700 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | The California Association of Business Brokers is an association of business brokers and merger and acquisition specialists whose goal is to promote the growth and professionalism of the business brokerage community within our state. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | 1. Provided the following educational courses: a. CABB 101 2-day course, required of members - Introduction to California Business Brokerageb. CABB 201 - 1 day course, required of members Advanced Recasting and Valuations c. CABB 130 1 day course Finance for Business Brokersd. IBBA 210 2-day course - Analyzing and Recasting Financial Statementse. IBBA 220 - Introduction to Pricing Small Businessesf. IBBA 301 - Introduction to Mergers and Acquisitions Processg. CABB 501 1 day course - CBB Renewal2. Provided members the opportunity to obtain the designation of Certified Business Broker, CBB. This designation is awarded upon completion of required courses, a period of experience in the industry and completion of the required number and/or size of transactions. It signifies a level of competence and accomplishment to prospective clients and members of the business brokerage community. 3. Provided monthly CABBinars web seminars about hot topics and new ways to improve your practice and sell more. And, weekly emails including tips & relevant stories.4. CABB provided its members with a complete set of standard forms designed jointly by attorneys and business brokers exclusively for the business brokerage profession. The forms include a representation agreement listing form, purchase agreement for business assets, stock purchase agreement, disclosure forms for both buyers and sellers and many more. The forms are copyright protected and are available only to individual members of CABB.5. Held 2-Day Annual Statewide Conference offering top speakers, presentations, roundtable discussions and opportunity to meet with industry sponsors.6. Provided regional networking opportunities including quarterly member meetings to exchange listings, network with other business brokers and listen to professional speakers on topics relating to business brokerage. | DescriptionProgramSrvcAccomTxt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| RICH SCHAMMEL | ||
| Treasurer | 0 | $0 |
| RONALD JOHNSON | ||
| Director | 0 | $0 |
| ED FIXEN | ||
| Vice President | 0 | $0 |
| MATT COLETTA | ||
| Secretary | 0 | $0 |
| AL STATZ | ||
| Director | 0 | $0 |
| JOHN HOMAN | ||
| Director | 0 | $0 |
| TAWNYA GILREATH | ||
| President | 0 | $0 |
| TONY MORAN | ||
| Director | 0 | $0 |
| BOB GREWAL | ||
| Director | 0 | $0 |
| RANDY KATZ | ||
| Director | 0 | $0 |
| GREG CARPENTER | ||
| Director | 0 | $0 |
| STEVEN HANSON | ||
| Director | 0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Professional Exchange Service | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 N First St Ste 140 | AddressLine1Txt |
| City | Fresno | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93726 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5592286140 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (true) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1002 | Office Expenses $69 |
| Other Expenses.1007 | Conferences, Conventions, and Meetings $20624 |
| Other Expenses.1012 | Insurance $1978 |
| Other Expenses.1 | DUES AND SUBSCRIPTIONS $39812 |
| Other Expenses.2 | BANK AND MERCHANT FEES $5895 |
| Other Expenses.3 | WEBSITE $3350 |
| Other Expenses.4 | FORMS $876 |
| Other Expenses.6 | VIDEO CONFERENCING $351 |
| Other Expenses.7 | TELEPHONE $228 |
| Other Expenses.9 | STORAGE $44 |
| Other Expenses.10 | TAX AND LICENSING $30 |
| Other Assets.1005 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $137 |
| Other Assets.1011 | Prepaid Expenses and Deferred Charges - Beginning $1695 Prepaid Expenses and Deferred Charges - Ending $1714 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $12972 Accounts Payable and Accrued Expenses - Ending $0 |
| Total Liabilities.1003 | Deferred Revenue - Beginning $57290 Deferred Revenue - Ending $69447 |