Valley Association Of Realtors Inc
- Assets
- $151.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Derby, CT
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 06-0906990
Organization Overview
Valley Association Of Realtors Inc is located in Derby, CT. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley 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 12/2022, Valley Association Of Realtors Inc generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $121.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES EDUCATIONAL PROGRAMS, CONFERENCES AND SPECIAL ACTIVITIES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Lazar President | 2 | $0 | |
Marie Santiago President El | 1 | $0 | |
Ed Nieves Treasurer | 2 | $0 | |
Jeff Gagliardo Past Preside | 1 | $0 | |
Brendan Carey Director | 1 | $0 | |
Karissa Reyes Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $925 |
| Total Program Service Revenue | $26,726 |
| Membership dues | $61,732 |
| Investment income | $285 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $307 |
| Total Revenue | $89,975 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,439 |
| Professional fees and other payments to independent contractors | $3,215 |
| Occupancy, rent, utilities, and maintenance | $7,950 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,332 |
| Total expenses | $121,936 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,920 |
| Other assets | $0 |
| Total assets | $151,436 |
| Total liabilities | $51,275 |
| Net assets or fund balances | $100,161 |