Centre County Association Of Realtors Inc

Organization Overview

Centre County Association Of Realtors Inc is located in State College, PA. The organization was established in 1979. 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 12/2023, Centre County Association Of Realtors Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centre 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 12/2023, Centre County Association Of Realtors Inc generated $386.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $342.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ALL MEMBERS WITH RESOURCES AND SERVICES WHILE ADVANCING THE REALTOR PROFESSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ACCUMULATE AND DISSEMINATE INFORMATION TO AUTHORIZED PARTICIPANTS PERTAINING TO REAL PROPERTY, INCLUDING ENTITLEMENT TO COMPENSATION AS DETERMINED BY COOPERATING BROKER'S PERFORMANCE.


PROVIDE SERVICES AND INFORMATION THAT CAN HELP MEMBERS PERFORM EFFECTIVELY; PROMOTE AND MAINTAIN THE HIGHEST OF PROFESSIONAL AND ETHICAL STANDARDS AS REAL ESTATE PROFESSIONALS; ENCOURAGE INVOLVEMENT OF ALL MEMBERS IN ASSOCIATION COMMITTEES, PROJECTS AND OTHER AFFAIRS AND HELP DEVELOP LEADERSHIP ABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Lukas Rhodes
President
$0
Robin Homan
Vice President
$0
Kristin O'brien
Past President
$0
Derek Canova
Treasurer
$0
Mindy Sabol
Director
$0
Kim Rickert
Secretary
$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$376,908
Investment income $7,286
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 $386,319

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