Medina County Board Of Realtors
- Assets
- $892.2k
- Revenue
- $356.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Medina, OH
- Founding
- 07/1977
- Data as of
- 12/2022
- EIN
- 34-1216938
Organization Overview
Medina County Board Of Realtors is located in Medina, OH. The organization was established in 1977. 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. As of 12/2022, Medina County Board Of Realtors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medina County Board 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 12/2022, Medina County Board Of Realtors generated $356.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $293.2k during the year ending 12/2022. While expenses have increased by 7.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MEDINA COUNTY BOARD OF REALTORS INC IS A NON PROFIT ORGANIZATION LOCATED IN MEDINA COUNTY OHIO. THE BOARD'S MISSION IS TO PROVIDE ITS MEMBERS WITH INNOVATIVE SERVICES, INFORMATION, AND ADVOCACY, ENABLING THEM TO GROW AND PROSPER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE MEDINA COUNTY BOARD OF REALTORS IS TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN MEDINA COUNTY OHIO. THE BOARD OFFERS A VARIETY OF EDUCATIONAL, NETWORKING AND SPECIAL ACTIVITIES FOR ITS MEMBERS.
THE MEDINA COUNTY BOARD OF REALTORS INC IS A NON PROFIT ORGANIZATION ENGAGED IN THE REAL ESTATE PROFESSION IN MEDINA COUNTY OHIO. THE BOARD OFFERS A VARIETY OF EDUCATIONAL, NETWORKING AND SPECIAL ACTIVITIES FOR ITS MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Burns Vice Preside | OfficerTrustee | $0 | |
Lisa Bitto Treasurer | OfficerTrustee | $0 | |
Emily Lopez Secretary | Officer | $0 | |
Sherry Stell Executive Of | Officer | $0 | |
Meru Maharaj Pres Elect | Officer | $0 | |
Robert Andrews Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $235,467 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,898 |
| Total Program Service Revenue | $34,509 |
| Investment income | -$2,966 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,917 |
| 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 | $356,358 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,634 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,313 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,700 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,623 |
| Information technology | $13,297 |
| Royalties | $0 |
| Occupancy | $37,211 |
| Travel | $20,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,714 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,905 |
| Insurance | $2,777 |
| All other expenses | $4,566 |
| Total functional expenses | $293,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $494,706 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,220 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,745 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $263,762 |
| Investments—publicly traded securities | $53,974 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,794 |
| Total assets | $892,201 |
| Accounts payable and accrued expenses | $1,471 |
| Grants payable | $0 |
| Deferred revenue | $204,472 |
| 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 | $205,943 |
| Net assets without donor restrictions | $686,258 |
| 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 | $892,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strs Ohio Tx Real Estate Investments Inc Columbus, OH | $220,303,180 | $20,609,768 |
Keystone Florida Property Holding Corp Harrisburg, PA | $157,175,881 | $17,315,641 |
Vertex Non Profit Holdings Inc Fairmont, WV | $32,441,063 | $3,635,457 |
Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
Holy Spirit Corporation Hershey, PA | $30,669,518 | $4,832,377 |
National Development Corporation Of Delta Phi Epsilon Inc Philadelphia, PA | $5,384,830 | $3,037,660 |
Imh Realty Corporation Franklin, IN | $84,073,233 | $0 |
River Park Community Corp Dayton, OH | $44,515,596 | $4,317,871 |
Nso Properties Detroit, MI | $10,016,182 | $2,478,176 |
K C Club Inc State College, PA | $0 | $1,561,572 |
Yswin Development Inc Evansville, IN | $15,509,584 | $1,301,817 |
Bridgeway Development Corporation Pittsburgh, PA | $12,400,334 | $795,090 |