Greater Providence Board Of Realtors is located in Lincoln, RI. The organization was established in 1974. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greater Providence Board Of Realtors employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Providence Board Of Realtors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Greater Providence Board Of Realtors generated $666.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $487.3k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GPBOR SUCCESSFULLY IMPLEMENTS TOOLS AND INNOVATIVE TECHNOLOGIES HELPING TO CULTIVATE LEADERS IN THEIR REAL ESTATE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENDITURES TO ENSURE THE PROFESSIONAL SUCCESS OF ITS MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzanne Silva CEO | Officer | 50 | $113,471 |
Donald Parsons Past President | Trustee | 0.5 | $0 |
Michael Pereira President | Trustee | 0.5 | $0 |
Matthew Phipps Treasurer | Trustee | 0.5 | $0 |
Rita Steele President-Elect | Trustee | 0.5 | $0 |
Kevin Shepherd Secretary | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $497,512 |
Fundraising events | $5,705 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $503,217 |
Total Program Service Revenue | $148,940 |
Investment income | $13,393 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $867 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $666,417 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $113,471 |
Compensation of current officers, directors, key employees. | $22,694 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $167,762 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $36,006 |
Payroll taxes | $23,225 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,525 |
Fees for services: Accounting | $4,773 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,126 |
Fees for services: Other | $7,255 |
Advertising and promotion | $11,724 |
Office expenses | $6,166 |
Information technology | $19,931 |
Royalties | $0 |
Occupancy | $14,675 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,244 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $636 |
Insurance | $2,730 |
All other expenses | $48,019 |
Total functional expenses | $487,268 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $569,088 |
Savings and temporary cash investments | $927,663 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $552 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,127 |
Investments—publicly traded securities | $105,929 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,606,359 |
Accounts payable and accrued expenses | $22,654 |
Grants payable | $0 |
Deferred revenue | $399,030 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $421,684 |
Net assets without donor restrictions | $1,184,675 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,606,359 |
Organization Name | Assets | Revenue |
---|---|---|
121 W Chestnut Associates Inc Boston, MA | $88,401,570 | $6,440,632 |
Greater Boston Real Estate Board Boston, MA | $10,089,510 | $6,801,550 |
Cil Realty Inc Hartford, CT | $204,453,350 | $9,350,874 |
330 North Brand Inc Hartford, CT | $104,479,705 | $8,295,726 |
Massachusetts Association Of Realtors Inc Foxborough, MA | $16,699,943 | $5,237,756 |
Town Center Apartments Inc Boston, MA | $89,126,403 | $7,900,572 |
Chrysalis Center Real Estate Corporation Hartford, CT | $47,837,141 | $6,009,738 |
Np Parc Chateaux Inc Boston, MA | $104,275,838 | $7,607,239 |
Tr Stonehollow Corp Hartford, CT | $87,801,568 | $6,577,713 |
Lockwood Glen Apartments Llc Boston, MA | $87,838,682 | $5,086,526 |
Np Bridge Point North Llc Boston, MA | $123,178,168 | $5,234,585 |
Windward Market Corp Boston, MA | $54,622,251 | $5,727,773 |