Independent Broker Alliance

Organization Overview

Independent Broker Alliance is located in Manteo, NC. The organization was established in 2010. 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. Independent Broker Alliance 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 06/2022, Independent Broker Alliance generated $353.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $347.9k during the year ending 06/2022. While expenses have increased by 12.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS A SHARE GROUP WHICH IS FORMED FOR ITS MEMBERS TO DISCUSS INDUSTRY BEST PRACTICES AND TO ASSIST ITS MEMBERS IN OPERATING PRODUCTIVE BUSINESSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION CONTINUES TO HOLD MEETINGS AND ADMIT NEW MEMBERS FOR THE PURPOSE OF HELPING ITS MEMBERS BE MORE SUCCESSFUL


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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$353,213
Investment income $0
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 $353,213

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