Missoula County Association Of Realtors Inc
- Assets
- $0.0
- Revenue
- $263.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Missoula, MT
- Founding
- 12/1981
- Data as of
- 05/2020
- EIN
- 23-7441428
Organization Overview
Missoula County Association Of Realtors Inc is located in Missoula, MT. The organization was established in 1981. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2020, Missoula County Association Of Realtors Inc employed 7 individuals. Missoula County 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 05/2020, Missoula County Association Of Realtors Inc generated $263.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $290.8k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (14.1%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND EDUCATION OF REAL ESTATE AGENTS IN WESTERN MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESPONSIBLE FOR THE PROFESSIONAL STANDARDS OF 762 REALTOR MEMBERS. MOR VALUES THE COMMUNITY AND HOLD EVENTS, SUCH AS A TOUR, TO ENSURE MEMBERS ARE AN ACTIVE PART OF EACH NEIGHBORHOOD. IN ADDITION, MOR REQUIRES THAT ALL MEMBERS ADHERE TO THE STRICT CODE OF ETHICS DETERMINED BY THE NATIONAL ASSOCIATION OF REALTORS AND ENFORCES ANY VIOLATIONS THROUGH IN-HOUSE PROFESSIONAL STANDARDS PROCEEDINGS. MOR ALSO ACTS AS THE VOICE OF REAL ESTATE IN MISSOULA, OFFERING ADVICE TO THE COMMUNITY AS WELL AS MONTHLY STATISTICS AND AN ANNUAL HOUSING REPORT.
EDUCATIONAL SEMINARS BENEFITTING 762 REALTOR MEMBERS. MOR OFFERS CONTINUING EDUCATION CLASSES TO ENSURE OUR MEMBERS OFFER A HIGH LEVEL OF SERVICE TO THEIR CLIENTS. IN ADDITION TO THE CREDITS REQUIRED BY THE BOARD OF REALTY REGULATION, MOR OFFERS ONE NATIONAL SPEAKER EACH YEAR.
RESPONSIBLE FOR THE PROFESSIONAL STANDARDS OF 762 REALTOR MEMBERS. MOR VALUES THE COMMUNITY AND HOLD EVENTS, SUCH AS A TOUR, TO ENSURE MEMBERS ARE AN ACTIVE PART OF EACH NEIGHBORHOOD. IN ADDITION, MOR REQUIRES THAT ALL MEMBERS ADHERE TO THE STRICT CODE OF ETHICS DETERMINED BY THE NATIONAL ASSOCIATION OF REALTORS AND ENFORCES ANY VIOLATIONS THROUGH IN-HOUSE PROFESSIONAL STANDARDS PROCEEDINGS. MOR ALSO ACTS AS THE VOICE OF REAL ESTATE IN MISSOULA, OFFERING ADVICE TO THE COMMUNITY AS WELL AS MONTHLY STATISTICS AND AN ANNUAL HOUSING REPORT.
EDUCATIONAL SEMINARS BENEFITTING 762 REALTOR MEMBERS. MOR OFFERS CONTINUING EDUCATION CLASSES TO ENSURE OUR MEMBERS OFFER A HIGH LEVEL OF SERVICE TO THEIR CLIENTS. IN ADDITION TO THE CREDITS REQUIRED BY THE BOARD OF REALTY REGULATION, MOR OFFERS ONE NATIONAL SPEAKER EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Hackney Executive Director (former | Officer | 40 | $64,465 |
Jim Bachand Executive Director | Officer | 40 | $10,769 |
Derek Dj Smith President | OfficerTrustee | 1.5 | $0 |
Shannon Hilliard President Elect | OfficerTrustee | 1 | $0 |
Mandy Snook First Vice President | OfficerTrustee | 1 | $0 |
Jolene Tatum Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $73,142 |
| 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 | $73,142 |
| Total Program Service Revenue | $178,513 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,589 |
| 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. | $75,234 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,069 |
| Pension plan accruals and contributions | $735 |
| Other employee benefits | $7,052 |
| Payroll taxes | $8,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,282 |
| Fees for services: Accounting | $1,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,408 |
| Advertising and promotion | $1,793 |
| Office expenses | $9,735 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,904 |
| Travel | $2,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,904 |
| Interest | $10,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,801 |
| Insurance | $0 |
| All other expenses | $14,317 |
| Total functional expenses | $290,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Missoula County Association Of Realtors Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
National Association Of Realtors Chicago, IL PURPOSE: GENERAL SUPPORT | $20,000 |
National Association Of Realtors Chicago, IL PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Community Development Corporation Missoula, MT | $128,107,962 | $17,427,104 |
Rocky Mountain Development Council Inc Helena, MT | $19,568,493 | $12,980,509 |
Thunder Valley Community Development Corporation Porcupine, SD | $24,786,426 | $14,048,128 |
Western South Dakota Community Action Inc Rapid City, SD | $273,358 | $4,989,303 |
Council Of Community Services Gillette, WY | $4,502,948 | $3,710,505 |
Sioux Falls Development Foundation Inc Sioux Falls, SD | $50,584,468 | $7,701,176 |
East Central Idaho Planning And Development Association Rexburg, ID | $26,888,994 | $3,244,915 |
Community Action Partnership Association Of Idaho Boise, ID | $322,492 | $2,196,059 |
Technology For Rural Enhancement Of Communities Belle Fourche, SD | $1,025,432 | $1,756,626 |
Stark Development Corporation Dickinson, ND | $9,498,776 | $1,783,751 |
Northeastern South Dakota Health Plan Milbank, SD | $31,039,303 | $1,628,510 |
Nacdc Financial Services Inc Browning, MT | $10,612,328 | $4,375,073 |