Akron Cleveland Association Of Realtors is located in Broadview Heights, OH. The organization was established in 1942. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Akron Cleveland Association Of Realtors employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Akron Cleveland 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, Akron Cleveland Association Of Realtors generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 4.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE REAL ESTATE PROFESSIONALS IN OHIO FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION AND MAINTAINING HIGH STANDARDS OF CONDUCT WITH THOSE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DESIGNATIONS TO INDIVIDUALS AUTHORIZING THEM TO USE THE TERMS REALTOR AND REALTORS.
PROVIDE OPPORTUNITIES FOR REALTORS TO MEET AND DISCUSS ISSUES FACING THE PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandy Naragon CEO | Officer | 40 | $113,399 |
Akil Hameed Treasurer | OfficerTrustee | 1 | $0 |
Beth Rodgers President | OfficerTrustee | 1 | $0 |
Tim Damiano Director | Trustee | 1 | $0 |
Felicia Hengle Director | Trustee | 1 | $0 |
Mark Vittardi Director | Trustee | 1 | $0 |
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 | $53,355 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $53,355 |
Total Program Service Revenue | $1,881,847 |
Investment income | $89,495 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $77,108 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,985 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,115,889 |
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. | $120,199 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $669,683 |
Pension plan accruals and contributions | $45,631 |
Other employee benefits | $101,866 |
Payroll taxes | $60,142 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,101 |
Fees for services: Accounting | $11,460 |
Fees for services: Lobbying | $19,250 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $24,590 |
Fees for services: Other | $426 |
Advertising and promotion | $0 |
Office expenses | $62,957 |
Information technology | $46,404 |
Royalties | $0 |
Occupancy | $161,419 |
Travel | $2,980 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $30,920 |
Insurance | $8,313 |
All other expenses | $107,015 |
Total functional expenses | $1,970,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $137,726 |
Savings and temporary cash investments | $715,885 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,804 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,000 |
Prepaid expenses and deferred charges | $285,544 |
Net Land, buildings, and equipment | $59,050 |
Investments—publicly traded securities | $2,578,866 |
Investments—other securities | $0 |
Investments—program-related | $220,929 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,037,804 |
Accounts payable and accrued expenses | $276,389 |
Grants payable | $0 |
Deferred revenue | $636,946 |
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 | $913,335 |
Net assets without donor restrictions | $3,071,114 |
Net assets with donor restrictions | $53,355 |
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 | $4,037,804 |
Organization Name | Assets | Revenue |
---|---|---|
Cincinnati Usa Regional Chamber Cincinnati, OH | $21,203,474 | $18,734,397 |
Greater Columbus Convention & Visitors Bureau Columbus, OH | $8,565,444 | $15,584,006 |
Ann Arbor Spark Ann Arbor, MI | $15,665,812 | $11,784,140 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
Small Business Assoc Of Mich Lansing, MI | $1,798,183 | $7,497,354 |
Ohio Association Of Realtors Columbus, OH | $13,314,743 | $8,037,922 |
Ohio Chamber Of Commerce Columbus, OH | $30,926,421 | $7,246,853 |
Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |
Louisville Chamber Of Commerce Inc Louisville, KY | $4,510,911 | $5,726,033 |