Illini Valley Association Of Realtors Inc

Organization Overview

Illini Valley Association Of Realtors Inc is located in Peru, IL. The organization was established in 1981. 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, Illini Valley Association Of Realtors Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illini Valley 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 12/2022, Illini Valley Association Of Realtors Inc generated $242.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $241.3k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 5 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 ASSOCIATION IS A LOCAL ADVOCATE FOR A HEALTHY BUSINESS ENVIRONMENT AND A RESOURCE FOR ITS MEMBERS TO DELIVER ETHICAL AND PROFESSIONAL SERVICES TO THE PUBLIC

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE PURCHASED MULTIPLE LISTING SERVICE FOR ITS MEMBERS


CONDUCT INTERNAL MEETING TO INFORM MEMBERS OF LOCAL REAL ESTATE TRENDS AND DIRECTION,AND PROVIDE OUTSIDE SPEAKERS TO INFORM MEMBERS OF REGIONAL AND NATIONAL TRENDS


PROVIDE REQUIRED CONTINUING EDUCATION COURSES FOR ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Megan Bentley
President & CEO
$35,501
Angie Heckman
Director
$0
Beth Coleman
Director
$0
Carrie Cobane
Director
$0
Erin Karlosky
Director
$0
Christine Dahm
President Elect
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$91,834
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,169
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$94,003
Total Program Service Revenue$146,083
Investment income $130
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,863
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 $242,079

Peer Organizations

Organization NameAssets
Illinois Assn Of Realtors
Springfield, IL
$16,702,315
Institute Of Real Estate Management Of The Natl Assn Of Realtors
Chicago, IL
$14,110,208
Center For Specialized Realtor Education Inc
Chicago, IL
$8,600,055
Swedish American Realty Corporation
Rockford, IL
$7,078,241
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$7,713,643
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$6,738,974
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$2,620,153
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$5,227,379
Highlands 501c 25 Inc
Chicago, IL
$4,460,771
Oakland 14th Office Inc
Chicago, IL
$4,337,596
Greater Milwaukee Association Of Realtors Inc
Milwaukee, WI
$3,042,572
Sdco Sfs Logistics Center Inc
Chicago, IL
$150,995,360
Imh Realty Corporation
Franklin, IN
$0
Sdco Tustin Executive Center Inc
Chicago, IL
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Pera 7825 Fay Avenue Inc
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Sdco 45 Milk Street Office Inc
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Pera Urban West Corp
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Sdc Clifton Commons Inc
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$4,452,886
Ipers Brea Golden State Business Parks Inc A Delaware Corporation
Chicago, IL
$5,444,959
Ipers Venue On Guadalupe Inc
Chicago, IL
$2,485,704
Midwest Community Real Estate Corporation
New Lenox, IL
$2,573,184
Sdco 405 Business Park Bothell Inc
Chicago, IL
$3,484,753
International Union Of Operatingengineers Local 399 Building Corp
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$1,494,021
Ipers Sequoia Commerce Center Inc
Chicago, IL
$5,493,350
St Ann Center Properties Inc
Milwaukee, WI
$1,021,229

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