Battle Creek Area Association Of Realtors is located in Battle Creek, MI. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Battle Creek Area Association Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Battle Creek Area 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 12/2021, Battle Creek Area Association Of Realtors generated $404.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $346.6k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 4 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
A PROFESSIONAL ORGANIZATION PROVIDING SERVICE AND SUPPORT TO THE REAL ESTATE AND HOUSING INDUSTRY IN CALHOUN COUNTY, MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A LIAISON BETWEEN REAL ESTATE OWNERS AND REAL ESTATE BUYERS SO THEIR INTERESTS MAY BE SAFEGUARDED AND ADVANCED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Lankerd CEO | Officer | 40 | $62,909 |
Jim Criteser President | OfficerTrustee | 1 | $0 |
Judy Jordan Past Preside | OfficerTrustee | 1 | $0 |
Molly Labelle President-El | OfficerTrustee | 1 | $0 |
Talia Champlin Treasurer | OfficerTrustee | 1 | $0 |
Mark Miller Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $7,760 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,119 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,879 |
Total Program Service Revenue | $369,953 |
Investment income | $11,162 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $274 |
Net Income from Fundraising Events | $663 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $404,320 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
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. | $62,909 |
Compensation of current officers, directors, key employees. | $6,291 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $39,302 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,351 |
Payroll taxes | $7,887 |
Fees for services: Management | $0 |
Fees for services: Legal | $518 |
Fees for services: Accounting | $8,640 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,788 |
Advertising and promotion | $625 |
Office expenses | $6,028 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,126 |
Travel | $14,421 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,125 |
Interest | $13,502 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,338 |
Insurance | $364 |
All other expenses | $9,592 |
Total functional expenses | $346,597 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $125,530 |
Savings and temporary cash investments | $316,556 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,007 |
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 | $558,869 |
Investments—publicly traded securities | $2,122 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $2,380 |
Other assets | $0 |
Total assets | $1,019,464 |
Accounts payable and accrued expenses | $119,690 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $322,683 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $442,373 |
Net assets without donor restrictions | $577,091 |
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 | $1,019,464 |
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