Space Coast Association Of Realtors Inc is located in Palm Shores, FL. The organization was established in 1975. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Space Coast Association Of Realtors Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Space Coast 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, Space Coast Association Of Realtors Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 7.2% 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
PROFESSIONAL TRADE ASSOCIATION PROVIDING SERVICES TO LOCAL REAL ESTATE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COMMUNICATION, CONTINUING EDUCATION, SUPPLIES, MULTIPLE LISTING SERVICES AND MATERIALS, AND RELATED SERVICES TO ALL BREVARD COUNTY REALTORS; MONITOR REALTOR ETHICS AND GOVERNMENT AFFAIRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leah M Selig Chief Executive Officer | OfficerTrustee | 37.5 | $180,462 |
Melissa Goldman Immediate Past President | OfficerTrustee | 2 | $0 |
Kerry Ramage Secretary | OfficerTrustee | 2 | $0 |
Nancy Bartlett Treasurer | OfficerTrustee | 3 | $0 |
Patricia Weeks President | OfficerTrustee | 3 | $0 |
Jim Britton President Elect | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $168,750 |
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 | $168,750 |
Total Program Service Revenue | $3,493,649 |
Investment income | $13,239 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $17,613 |
Net Rental Income | $13,011 |
Net Gain/Loss on Asset Sales | -$43 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,099,330 |
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. | $200,017 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $806,609 |
Pension plan accruals and contributions | $14,659 |
Other employee benefits | $147,409 |
Payroll taxes | $70,028 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,219 |
Fees for services: Accounting | $42,137 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $48,182 |
Office expenses | $96,822 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,313 |
Travel | $60,667 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $80,515 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $243,790 |
Insurance | $0 |
All other expenses | $470,159 |
Total functional expenses | $3,624,493 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,053,297 |
Savings and temporary cash investments | $817,524 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $46,152 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $57,782 |
Prepaid expenses and deferred charges | $32,263 |
Net Land, buildings, and equipment | $4,552,474 |
Investments—publicly traded securities | $0 |
Investments—other securities | $887,419 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,101 |
Total assets | $8,484,012 |
Accounts payable and accrued expenses | $334,202 |
Grants payable | $0 |
Deferred revenue | $944,525 |
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 | $1,752,590 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $55,000 |
Total liabilities | $3,086,317 |
Net assets without donor restrictions | $5,397,695 |
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 | $8,484,012 |
Organization Name | Assets | Revenue |
---|---|---|
Space Coast Association Of Realtors Inc Palm Shores, FL | $8,484,012 | $4,099,330 |
Global Underwater Explorers Inc High Springs, FL | $428,010 | $896,485 |
National Air Sea And Space Foundation Inc Melbourne, FL | $9,394 | $329,929 |
Baron Critical Weather Institute Huntsville, AL | $292,042 | $325,099 |
Unity Of The Space Coast Titusville, FL | $52,824 | $0 |
National Association Of Letter Carriers Melbourne, FL | $406,281 | $0 |
American Foundry Society Mc Calla, AL | $263,437 | $0 |
Natural Science Endowment Fund Orlando, FL | $1,247,788 | $170,608 |
Greater Miami Aviation Association Inc Miami Springs, FL | $93,900 | $143,599 |
Florida Science Olympiad Incorporated Orlando, FL | $192,185 | $0 |
Society Of American Military Engineers Patrick Afb, FL | $73,742 | $0 |
Florida Aviation Trades Association Inc Windermere, FL | $18,703 | $0 |