Richmond Association Of Realtors Inc
- Assets
- $31.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, IN
- Founding
- 06/1949
- Data as of
- 12/2020
- EIN
- 35-6044783
Organization Overview
Richmond Association Of Realtors Inc is located in Richmond, IN. The organization was established in 1949. 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. Richmond 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 12/2020, Richmond Association Of Realtors Inc generated $104.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $87.1k during the year ending 12/2020. While expenses have increased by 2.4% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT TO LICENSED REALTORS IN RICHMOND, IN. 143 ACTIVE MEMBERS WERE SERVED DURING 2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Brunton Jr President | 3 | $0 | |
Robert Hobson Vice President | 2 | $0 | |
Carol Sims Treasurer | 5 | $0 | |
Sandy Taylor Exec Sec | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $104,336 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,635 |
| Total expenses | $87,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,192 |
| Other assets | $0 |
| Total assets | $31,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,192 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Specialized Realtor Education Inc Chicago, IL | $26,431,436 | $9,121,401 |
Swedish American Realty Corporation Rockford, IL | $18,485,524 | $7,044,065 |
Sdco Sfs Logistics Center Inc Chicago, IL | $145,459,378 | $6,525,972 |
Ipers 510 Marquette Inc Chicago, IL | $54,685,062 | $6,518,064 |
Ipers Creekside Inc Chicago, IL | $129,458,514 | $6,603,466 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Ipers Villas On Guadalupe-Tx Inc Chicago, IL | $47,058,177 | $4,863,492 |
Oakland 14th Office Inc Chicago, IL | $72,846,084 | $5,287,147 |
Highlands 501c 25 Inc Chicago, IL | $44,455,397 | $4,360,723 |
Sdc Clifton Commons Inc Chicago, IL | $61,522,059 | $4,418,653 |
Imh Realty Corporation Franklin, IN | $84,073,233 | $0 |
Pera Urban West Corp Chicago, IL | $39,397,546 | $4,020,273 |