Nonprofit · EIN 47-4863492
ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS
Tax-exempt · DES PLAINES, IL 60018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $29,325 | $25,882 | $3,443 | $4,632 | $0 | $4,632 |
| December 31, 2024 | 990 | $22,633 | $30,907 | -$8,274 | $1,189 | $0 | $1,189 |
| December 31, 2023 | 990 | $23,904 | $20,161 | $3,743 | $9,463 | $0 | $9,463 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,820
- Membership dues
- $9,820
- Program service revenue
- $7,505
- Investment income
- $0
- Other revenue
- $9,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $6,500
Balance sheet and other
- Total assets, start of year
- $1,189
- Total assets, end of year
- $4,632
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,632
- Net assets without donor restrictions
- $4,632
- Gross receipts
- $29,325
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRADEEP B SHUKLA | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| SUNITA KAKARLAPUDI | PRESIDENT Trustee or director, Institutional trustee, Officer | 10 | $0 |
| SHIRIN MARVI | PAST PRESIDENT Trustee or director, Officer | 10 | $0 |
| BHAILAL M PATEL | DIRECTOR Trustee or director, Officer | 10 | $0 |
| NICK VERMA | DIRECTOR Trustee or director, Institutional trustee, Officer | 10 | $0 |
| RAJESH PATEL | DIRECTOR Trustee or director, Officer, Key employee | 10 | $0 |
| HARSHA SHUKLA | DIRECTOR Trustee or director, Institutional trustee | 10 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRADEEP B SHUKLA | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| SUNITA KAKARLAPUDI | PRESIDENT Trustee or director, Officer | 10 | $0 |
| SHIRIN MARVI | PAST PRESIDENT Trustee or director, Officer | 10 | $0 |
| BHAILAL M PATEL | DIRECTOR Trustee or director, Officer | 10 | $0 |
| NICK VERMA | DIRECTOR Trustee or director, Institutional trustee, Officer | 10 | $0 |
| RAJESH PATEL | DIRECTOR Trustee or director, Officer, Key employee | 10 | $0 |
| HARSHA SHUKLA | DIRECTOR Trustee or director, Institutional trustee | 10 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRADEEP B SHUKLA | PRESIDENT Trustee or director, Officer | 10 | $0 |
| AL HAROON HUSAIN | DIRECTOR Trustee or director, Officer | 10 | $0 |
| T PAUL S CHAWLA | DIRECTOR Trustee or director, Officer | 10 | $0 |
| KANTIBHAI N PATEL | DIRECTOR Trustee or director, Officer | 10 | $0 |
| SHIRIN MARVI | DIRECTOR Trustee or director, Institutional trustee, Officer | 10 | $0 |
| RAJESH PATEL | DIRECTOR Trustee or director, Officer | 10 | $0 |
| HARSHA SHUKLA | DIRECTOR Trustee or director, Institutional trustee | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2250 E DEVON AVE STE 235, DES PLAINES, IL 60018-4509
- In care of
- % HARSHA SHUKLA
- Principal officer (990 for 2025)
- PRADEEP B SHUKLA, 8740 LYONS ST, DES PLAINES, IL 60016
- Signed the 990
- PRADEEP B SHUKLA, PRESIDENT
- Phone
- (847) 375-9293
- Website
- WWW.ASARPHOME.COM
- Return prepared by
- FIVE STAR CONSULTANTS
Mission
Mission To be a leading resource and the standard bearers of Indian/South Asian Real Estate Professionals and the advocates of private property rights, in conformity with the standards set up by the National Association of Realtors
Program accomplishments
- MONTHLY EDUCATIONAL PROGRAMS, COMPLIMENTARY RESOURCES AND EQUIPMENTST TO NEEDY, AND ONE ANNUAL GALA ORGANIZED TO PROMOTE ORGANIZTIONS OBJECTIVES
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 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
- 47-4863492
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $4,632
- Income (IRS master file)
- $29,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $29,325 | $25,882 | $4,632 | XML |
| 990 | December 2024 | $22,633 | $30,907 | $1,189 | IRS |
| 990 | December 2023 | $23,904 | $20,161 | $9,463 | XML |
| 990 | December 2022 | $17,680 | $21,108 | $3,547 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-4863492).
Questions about ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS
- What is the EIN of ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS?
- The employer identification number (EIN) of ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS is 47-4863492.
- Is ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS?
- The 990 for the year ended December 31, 2025 names PRADEEP B SHUKLA.
- Who are the officers and directors of ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ASSOCIATION OF SOUTH ASIAN REAL ESTATE PROFESSIONALS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $29,325, expenses of $25,882 and total assets of $4,632 at year end.
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