The Chicago Association Of Realtors Inc

Organization Overview

The Chicago Association Of Realtors Inc is located in Chicago, IL. The organization was established in 1935. 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 09/2021, Chicago Association Of Realtors Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago 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 09/2021, Chicago Association Of Realtors Inc generated $7.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $7.9m during the year ending 09/2021. While expenses have increased by 4.7% 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.

Since 2015, Chicago Association Of Realtors Inc has awarded 34 individual grants totaling $951,871. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO UNITE THE REAL ESTATE INDUSTRY IN CHICAGO THROUGH EDUCATION AND RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBER EVENTS: UNITE THOSE ENGAGED IN THE REAL ESTATE BUSINESS; ORGANIZED TO PROMOTE AND PROTECT THE INTERESTS OF MEMBERS AND OTHER PERSONS ENGAGED IN REAL ESTATE TRANSACTIONS AND PROPERTY MANAGEMENT.


MEMBER SERVICES: RESEARCH PROGRAMS, WHICH COMPILE RELIABLE DATA CONCERNING REAL ESTATE, ITS TRENDS, AND MARKET CONDITIONS.


MEMBER DEVELOPMENT: PROVIDE REAL ESTATE EDUCATIONAL FACILITIES FOR MEMBERS AND, WHEN PRACTICAL, FOR NON-MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aquent Llc
Temporary Staffing & Recruitment Services
$250,700
Sikich Llp
Technology & Software Consulting
$116,021
View All Vendors

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$162,820
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$162,820
Total Program Service Revenue$7,257,879
Investment income $65,558
Tax Exempt Bond Proceeds $0
Royalties $121,150
Net Rental Income $10,000
Net Gain/Loss on Asset Sales $79,899
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $25,076
Miscellaneous Revenue$0
Total Revenue $7,821,690

Grants Awarded

Over the last fiscal year, The Chicago Association Of Realtors Inc has awarded $121,320 in support to 4 organizations.

Grant RecipientAmount

CHICAGO ASSOCIATION OF REALTORS EDUCATIONAL FOUNDATION INC

Org PageRecipient Profile

Chicago, IL

PURPOSE: Real Estate Education, helping to Fight homelessness, and other charitable endeavors

$90,820

ROOSEVELT UNIVERSITY

Org PageRecipient Profile

Chicago, IL

PURPOSE: Support for the Marshall Bennet Institute of Real Estate

$12,500

REALTORS POLITICAL ACTION COMMITTEE OF ILLINOIS

PURPOSE: Corporate Contribution for Advancement of Realtor Interests at State & National Level

$10,000

DEARBORN REAL ESTATE BOARD INC

Org PageRecipient Profile

Chicago, IL

PURPOSE: Assist with Various Programs & Events

$8,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Chicago Association Of Realtors Inc has recieved totaling $125,000.

Awarding OrganizationAmount
National Association Of Realtors

Chicago, IL

PURPOSE: GENERAL SUPPORT

$125,000
View Grant Recipient Profile

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