Kent Washington Association Of Realtors Inc is located in East Greenwich, RI. The organization was established in 1967. 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, Kent Washington Association Of Realtors Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent Washington Association Of Realtors Inc 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, Kent Washington Association Of Realtors Inc generated $541.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $539.3k during the year ending 12/2021. While expenses have increased by 9.0% 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
REALTOR EDUCATION AND SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO GENERATE AND PROMOTE INTEREST IN REAL ESTATE ACTIVITIES THROUGH MEETINGS AND MEMBER RECOGNITION EVENTS, CHARITY ANNUAL PRESIDENT FUNDRAISERS AND HOLIDAY RECEPTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Arcouette CEO | Officer | 40 | $89,918 |
Gregory Eccleston President | Trustee | 2 | $0 |
Crystal Dagostino Vp, Treasurer | Trustee | 2 | $0 |
Corey Dimaline Director | Trustee | 1 | $0 |
Mary Coutu Past President | Trustee | 2 | $0 |
William Fain President Elect | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $470,588 |
Fundraising events | $0 |
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 | $470,588 |
Total Program Service Revenue | $64,012 |
Investment income | $20,025 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$13,864 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $650 |
Miscellaneous Revenue | $0 |
Total Revenue | $541,411 |
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. | $89,918 |
Compensation of current officers, directors, key employees. | $22,479 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $158,870 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $58,407 |
Payroll taxes | $19,235 |
Fees for services: Management | $0 |
Fees for services: Legal | $838 |
Fees for services: Accounting | $4,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,718 |
Office expenses | $16,422 |
Information technology | $10,799 |
Royalties | $0 |
Occupancy | $49,861 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,005 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,043 |
Insurance | $3,001 |
All other expenses | $77,657 |
Total functional expenses | $539,310 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,628 |
Savings and temporary cash investments | $565,241 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,540 |
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 | $29,441 |
Net Land, buildings, and equipment | $13,494 |
Investments—publicly traded securities | $533,477 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,255,821 |
Accounts payable and accrued expenses | $13,173 |
Grants payable | $0 |
Deferred revenue | $415,140 |
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 | $51,478 |
Total liabilities | $479,791 |
Net assets without donor restrictions | $776,030 |
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 | $1,255,821 |
Over the last fiscal year, we have identified 1 grants that Kent Washington Association Of Realtors Inc has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Harborone Foundation Of Rhode Island Brockton, MA PURPOSE: GENERAL OPERATIONS SUPPORT | $100 |
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 |