Duncan Association Of Realtors Inc
- Assets
- $215.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duncan, OK
- Founding
- 12/1971
- Data as of
- 12/2023
- EIN
- 23-7164684
Organization Overview
Duncan Association Of Realtors Inc is located in Duncan, OK. The organization was established in 1971. 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. Duncan 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 12/2023, Duncan Association Of Realtors Inc generated $136.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $105.0k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE STATEMENT 6A. ANNUAL BANQUET AND MONTHLY LUNCHEONS; INSTALLATION OF OFFICERS, PROVIDE MEMBERS INFORMATION ON CURRENT REAL ESTATE TRENDS, LOANS, ETC.; SERVE AS INFORMATION CENTER FOR NEW RESIDENTS MOVING INTO TOWN; SERVES AS NEGOTIATING AGENT IN DISPUTES BETWEEN MEMBERS.B. EDUCATION: HELD INFORMATIVE TRAINING SESSIONS AT MONTHLY LUNCHEONS COVERING TOPICS SUCH AS REAL ESTATE COMMISSION REQUIREMENTS, ETC. ALSO HELD CONTINUING EDUCATION CLASSES FOR REALTORS AND NON-REALTOR AGENTS IN STEPHENS AND JEFFERSON COUNTIES.C. MULTIPLE LISTING SERVICE: COORDINATE ACTIVITIES ON CENTRAL COMPUTER LISTING SERVICE AND PROVIDE QUARTERLY SOLD INFORMATION AND MONTHLY BOOKS OF CURRENT LISTINGS TO ALL MLS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrianne Arrington President | 2 | $0 | |
Tara Harper Vice President | 2 | $0 | |
Susan Shaffer President - Elect | 2 | $0 | |
Connie Gowan Secretary Treasurer | 2 | $0 | |
Debbie Lyn Benton State Director | 2 | $0 | |
Maci Gann Association Executive | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $99,990 |
| Membership dues | $37,828 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,736 |
| Other Revenue | $319 |
| Total Revenue | $136,469 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,025 |
| Professional fees and other payments to independent contractors | $5,465 |
| Occupancy, rent, utilities, and maintenance | $13,503 |
| Printing, publications, postage, and shipping | $69 |
| Other expenses | $41,486 |
| Total expenses | $105,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,778 |
| Other assets | $0 |
| Total assets | $215,231 |
| Total liabilities | $59,320 |
| Net assets or fund balances | $155,911 |