Rogue Valley Association Of Realtors Inc
- Assets
- $537.7k
- Revenue
- $317.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Medford, OR
- Founding
- 07/1949
- Data as of
- 12/2021
- EIN
- 23-7033569
Organization Overview
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 12/2021, Rogue Valley Association Of Realtors Inc generated $317.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $266.3k during the year ending 12/2021. 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krista Walker President | OfficerTrustee | 4 | $0 |
Cheryl Faria Somls President | OfficerTrustee | 1.25 | $0 |
Devin Zupan Past President | OfficerTrustee | 4 | $0 |
Jim Frick Director | Trustee | 1 | $0 |
Channin Culley Advisory Direct | Trustee | 1 | $0 |
Stacey Boals Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $315,253 |
| Investment income | $243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,302 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,960 |
| 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 | $5,320 |
| Fees for services: Accounting | $3,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,765 |
| Office expenses | $1,321 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,856 |
| Travel | $12,666 |
| 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 | $2,512 |
| All other expenses | $22,890 |
| Total functional expenses | $266,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,516 |
| Savings and temporary cash investments | $529,271 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,220 |
| 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 | $689 |
| 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 | $537,696 |
| Accounts payable and accrued expenses | $22,746 |
| Grants payable | $0 |
| Deferred revenue | $130,686 |
| 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 | $4,029 |
| Total liabilities | $157,461 |
| Net assets without donor restrictions | $380,235 |
| 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 | $537,696 |
Grants Awarded
Over the last fiscal year, Rogue Valley Association Of Realtors Inc has awarded $61,330 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Salem, OR | | $43,150 |
Medford, OR | | $9,895 |
Medford, OR | | $8,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance Member Services Inc Santa Cruz, CA | $146,353,326 | $23,122,864 |
Los Angeles County Facilities Inc Seattle, WA | $331,229,816 | $2,374,055 |
550 Corporate Center Investment Group Inc El Segundo, CA | $123,957,933 | $9,348,795 |
National Associaton Of Hispanic Real Estate Professionals San Diego, CA | $3,754,334 | $9,140,386 |
Greater Las Vegas Association Of Realtors Las Vegas, NV | $41,416,661 | $13,529,639 |
Pasadena Gateway Willas Corporation Pasadena, CA | $583,745,665 | $12,743,337 |
Tmt Tapestry Naperville Inc San Francisco, CA | $84,971,977 | $6,744,374 |
Tmt Park Bridge Inc San Francisco, CA | $97,828,411 | $6,399,295 |
1541 And 1545 Wilshire Seiu 721 Holdings Llc Los Angeles, CA | $47,586,913 | $3,458,952 |
Tmt Arbors At Fair Lakes Apartments Inc San Francisco, CA | $98,381,662 | $6,062,685 |
Tmt Pointe Plaza Inc San Francisco, CA | $52,280,975 | $4,024,011 |
Salinas Public Facilities Inc Seattle, WA | $71,107,381 | $6,357,794 |