2023-02-28T14:44:06-06:00 2022-06-30 341912961 COHEN & COMPANY LTD OFFICES LISTED AT WWWCOHENCPACOM OH 44115 990EZ 2021-07-01 273063903 CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION CALI 4153699646 9595 WILSHIRE BLVD 9TH FL BEVERLY HILLS CA 90212 ROBIN FINK DIRECTOR 4153699646 2023-02-24 1 ROBIN FINK 999009999 SUSAN MCGOVERN P00157547 8002291099 2023-02-24 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X X X WWW.CALALTS.ORG X X 132865 X 30467 102398 132865 39000 84222 123222 9643 102776 0 112419 X 89319 107580 13646 5000 102965 112580 189 161 102776 112419 X THE CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION (CALALTS) IS A NON-PROFIT, MEMBER BASED ORGANIZATION FOUNDED TO FOSTER THE GROWTH AND DEVELOPMENT OF THOSE WITHIN THE ALTERNATIVE INVESTMENTS INDUSTRY IN CALIFORNIA THROUGH KNOWLEDGE SHARING, THOUGHT-LEADERSHIP, ADVOCACY OF SOUND BUSINESS PRACTICES, EVENTS, RESOURCES, AND EDUCATIONAL PROGRAMS. CALALTS HAS BEEN OFFERING INDUSTRY EDUCATIONAL AND NETWORKING EVENTS, FEATURING TOPICAL DISCUSSION ON MATTERS INCLUDING REGULATION, BEST PRACTICES, ECONOMIC OUTLOOK, PORTFOLIO CONSTRUCTION, AND RISK MANAGEMENT. DURING THE YEAR, CALALTS HOSTED AN IN-PERSON EDUCATIONAL AND NETWORKING EVENT AND OVER 25 VIRTUAL EVENTS/MEETINGS, THAT SERVED MORE THAN 1,000 ATTENDEES. 0 0 CALALTS CONTINUES TO INVEST IN THE WEBSITE ENHANCEMENTS AND COMMUNICATION DESIGNED TO SERVE OVER 4,000 INDIVIDUALS INCLUDING ITS MEMBERSHIP AND NON-MEMBERS WITHIN THE ALTERNATIVE INDUSTRY. COMMUNICATION EFFORTS, IN THE FORM OF WEBSITE, EMAIL, WEBINAR, AND SOCIAL MEDIA ANNOUNCEMENT, FOCUS ON PROMOTING THE MISSION OF THE ORGANIZATION WITH THE PUBLIC, CALALTS EVENTS THAT ARE OPEN TO BOTH MEMBERS AND NON-MEMBERS, AND SUPPORT INDUSTRY-RELATED EVENT ANNOUNCEMENTS. IN AN EFFORT TO CREATE NETWORKING OPPORTUNITIES IN A VIRTUAL ENVIRONMENT, CALALTS RE-ENGAGED FIVE SPECIAL INTEREST GROUPS (SIGS) TO SUPPORT THOUGHT-LEADERSHIP WITHIN THE ALTERNATIVE INVESTMENTS INDUSTRY. CALALTS ALSO ADDED AN ADDITIONAL SPECIAL INTEREST GROUP DURING THIS YEAR. 0 0 CALALTS CONTINUES TO OFFER FREE MONTHLY EDUCATIONAL WEBINARS TO ITS MEMBERS AND MEMBERS OF THE ALTERNATIVE INDUSTRY. THE FREQUENCY INCREASED UPON COVID AND WE NOW PROMOTE 25+ EVENTS/MEETINGS ANNUALLY. 0 0 MARC WOLF CHAIRMAN OF THE BOARD 3.00 0 0 0 ROBIN FINK PRESIDENT 2.00 0 0 0 RYAN ROSEN DIRECTOR 2.00 0 0 0 SASHA BURSTEIN SECRETARY 2.00 0 0 0 VINCE CALCAGNO 1ST VICE PRESIDENT 5.00 0 0 0 MICHELLE BERGREN TREASURER 0.00 0 0 0 RACHEL BREWSTER DIRECTOR 0.00 0 0 0 GJUFRAN RIZVI DIRECTOR 0.00 0 0 0 X 0 0 0 0 0 0 0 0 CA KM ZAROUK 1014 S CRESCENT HEIGHTS BLVD LOS ANGELES CA 90035 4107710001 0 0 0 0 0 0 0 0 FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: INSURANCE. AMOUNT: 2,441. DESCRIPTION: WEBSITE. AMOUNT: 3,745. DESCRIPTION: BOARD EXPENSES. AMOUNT: 1,238. DESCRIPTION: EVENT EXPENSE - CATERING/HOTEL. AMOUNT: 42,255. DESCRIPTION: MERCHANT PROCESSING. AMOUNT: 5,300. DESCRIPTION: OFFICE EXPENSE/SUBSCRIPTIONS. AMOUNT: 3,329. DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 12,250. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 5. DESCRIPTION: DATABASE LICENSE. AMOUNT: 5,495. DESCRIPTION: DONATIONS. AMOUNT: 2,500. DESCRIPTION: TAXES. AMOUNT: 20. DESCRIPTION: ADMIN SERVICES. AMOUNT: 5,040. DESCRIPTION: TRAVEL. AMOUNT: 604. TOTAL TO FORM 990-EZ, LINE 16: 84,222. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,646. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCRUED REVENUE. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 5,000. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 189. END OF YEAR AMOUNT: 0. DESCRIPTION: WELLS FARGO #5621. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 161. FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. FORM 990-EZ, PART V, QUESTION 35: AMOUNTS REPORTED ON PART I,LINE 2 REPRESENT GUEST FEES FOR ATTENDING ONE OF THE ORGANIZATION'S EVENTS HELD FOR ITS MEMBERS. AS INDICATED IN PART III, THE EVENTS ARE PUT ON TO FOSTER GROWTH AND DEVELOPMENT IN THE ALTERNATIVE INVESTMENT INDUSTRY THROUGH EDUCATIONAL AND NETWORKING PROGRAMS. THEREFORE, SUCH FEES FURTHER THE ORGANIZATION'S EXEMPT PURPOSE AND ARE NOT CONSIDERED UNRELATED BUSINESS INCOME. MANAGEMENT AND ADMINISTRATIVE SERVICES: AS OF JULY, 1 2021 THE ORGANIZATION CONTRACTED WITH A BOOKKEEPER, A SOCIAL MEDIA PROVIDER, OPERATIONS ASSISTANT AND AN OPERATIONS ADMINISTRATOR. THESE GROUPS COMBINED PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES. SUCH SERVICES ARE ESTIMATED TO BE 40 HOURS PER WEEK. THE ORGANIZATION PAID A TOTAL OF $56,290 FOR THE SERVICES FOR THE FISCAL YEAR ENDING JUNE 30, 2022. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.