Rogue Valley Association Of Realtors Inc is located in Medford, OR. The organization was established in 1949. 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. Rogue 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, Rogue Valley Association Of Realtors Inc generated $345.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $296.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. 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 SERVE REAL ESTATE PROFESSIONALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAM - PROVIDE EDUCATION CLASSES TO ASSIST THE MEMBERS IN FULFILLING THEIR STATE EDUCATION REQUIREMENTS.
PROFESSIONAL STANDARDS - TO PROVIDE ETHICS AND ARBITRATION INFORMATION AND HEARINGS.
MEETINGS - CONDUCT MEETINGS TO DISCUSS ISSUES THAT AFFECT THE PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shannon Hall Director | Trustee | 0.75 | $0 |
Krista Walker Past President | OfficerTrustee | 1.25 | $0 |
Devin Zupan Director | OfficerTrustee | 1 | $0 |
Cheryl Faria Director | OfficerTrustee | 1.25 | $0 |
Stacey Boals Director | Trustee | 1 | $0 |
Jim Frick Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $335,690 |
Investment income | $8,464 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$104 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $345,793 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,655 |
Fees for services: Accounting | $3,325 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,730 |
Office expenses | $1,200 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,856 |
Travel | $23,676 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,520 |
All other expenses | $11,899 |
Total functional expenses | $296,625 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,720 |
Savings and temporary cash investments | $567,927 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,815 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $594,462 |
Accounts payable and accrued expenses | $20,122 |
Grants payable | $0 |
Deferred revenue | $137,492 |
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 | $7,445 |
Total liabilities | $165,059 |
Net assets without donor restrictions | $429,403 |
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 | $594,462 |
Over the last fiscal year, Rogue Valley Association Of Realtors Inc has awarded $61,330 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
COMMUNITY WORKS DUNN HOUSE | | | $8,285 |
OAR HOME FOUNDATION | | | $43,150 |
ROGUE VALLEY HABITAT FOR HUMA | | | $9,895 |