Lamoille Area Board Of Realtors is located in Stowe, VT. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lamoille Area 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 12/2023, Lamoille Area Board Of Realtors generated $89.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $91.3k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP ORGANIZATION TO BENEFIT THE REAL ESTATE AND BUSINESS CONDITIONS FOR MEMBER REALTORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grant Weiler President | 1 | $0 | |
Denise Trombley Vice President | 1 | $0 | |
Shauna Larson Director | 1 | $0 | |
Amy Thompson Secretary | 1 | $0 | |
Owen Hall-Kocho Director | 1 | $0 | |
Steven Foster Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $47,623 |
Membership dues | $0 |
Investment income | $156 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $41,816 |
Total Revenue | $89,595 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $34,020 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,480 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $22,281 |
Other expenses | $32,489 |
Total expenses | $91,270 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,307 |
Other assets | $0 |
Total assets | $63,307 |
Total liabilities | $0 |
Net assets or fund balances | $63,307 |