Pennsylvania Association Of Realtors is located in Lemoyne, PA. The organization was established in 1942. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Pennsylvania Association Of Realtors employed 42 individuals. This organization is the central organization for a national or regional group of organizations. Pennsylvania Association 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 12/2022, Pennsylvania Association Of Realtors generated $8.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $8.3m during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT PRIVATE PROPERTY RIGHTS, FACILITATE A CONSISTENT AND RELIABLE MARKETPLACE, AND PROMOTE PROFESSIONAL, ETHICAL AND PROFITABLE PRACTICE OF REAL ESTATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, CONVENTION, & CONFERENCES:BUSINESS MEETINGS - THREE TIMES YEARLY TO RUN THE ORGANIZATION. APPROX 350 MEMBERS EACH MEETING.ANNUAL CONVENTION - EDUCATION PROGRAMS AND TRADE SHOW. APPROX 1,500 MEMBERS.CONFERENCES - SEVERAL SEMINARS AND CONFERENCES THROUGHOUT THE YEAR. APPROX 300 ATTENDEES.
DATA MINING - OBTAIN INFO TO BETTER UNDERSTAND THE MEMBERS AND FACTORS AFFECTING THE MEMBERS' PRACTICE IN REAL ESTATE.
LEGAL HOTLINE:APPROXIMATELY 6,700 CALL INS FOR THIS SERVICE TO ASSIST MEMBERS WITH LEGAL ISSUES SURROUNDING THE PRACTICE OF REAL ESTATE.
LOCAL GOVERNMENT AFFAIRS ASSISTANCE:FINANCIAL & OTHER EXPERTISE ASSISTANCE TO LOCAL ASSOCIATIONS OF THE PENNSYLVANIA ASSOCIATION OF REALTORS TO PROVIDE GOVERNMENTAL AFFAIRS SERVICES TO THE ASSOCIATION'S MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Smith Adrian Member | Trustee | 1 | $0 |
Perry Albert President | Trustee | 1 | $0 |
Shnayder ESQ Alex Member | Trustee | 1 | $0 |
Sanchez Alexa District Vice President | Trustee | 1 | $0 |
Thompson Alexis Member | Trustee | 1 | $0 |
Katz Andelina Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,500 |
All other contributions, gifts, grants, and similar amounts not included above | $1,013,350 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,018,850 |
Total Program Service Revenue | $6,779,615 |
Investment income | $40,169 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $136,373 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,862,590 |
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. | $518,761 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,255,241 |
Pension plan accruals and contributions | $176,451 |
Other employee benefits | $364,758 |
Payroll taxes | $222,621 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,943 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,729 |
Advertising and promotion | $219,221 |
Office expenses | $68,779 |
Information technology | $269,289 |
Royalties | $0 |
Occupancy | $114,376 |
Travel | $110,744 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $659,482 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $194,371 |
Insurance | $60,482 |
All other expenses | $793,145 |
Total functional expenses | $8,256,112 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,595,755 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $634,351 |
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 | $50,966 |
Net Land, buildings, and equipment | $3,267,624 |
Investments—publicly traded securities | $5,347,649 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $937,331 |
Total assets | $15,833,676 |
Accounts payable and accrued expenses | $763,339 |
Grants payable | $0 |
Deferred revenue | $2,415,124 |
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 | $2,028 |
Total liabilities | $3,180,491 |
Net assets without donor restrictions | $11,377,995 |
Net assets with donor restrictions | $1,275,190 |
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 | $15,833,676 |