Womens Council Of Realtors
- Assets
- $2.9m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 11/1992
- Data as of
- 12/2022
- EIN
- 36-3831528
Organization Overview
Womens Council Of Realtors is located in Chicago, IL. The organization was established in 1992. 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 12/2022, Womens Council Of Realtors employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Council 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, Womens Council Of Realtors generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 4.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A NETWORK OF SUCCESSFUL REALTORS EMPOWERING WOMEN TO EXERCISE THEIR POTENTIAL AS ENTREPRENEURS AND LEADERS. WCR PROVIDES AN ENVIRONMENT FOR MEMBERS TO BUILD RELATIONSHIPS FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WCR CONDUCTED NATIONAL MEETINGS WHERE MEMBERS CAME TO PARTICIPATE IN THE GOVERNANCE OF THE ASSOCIATION AND LEARN ABOUT REAL ESTATE BEST PRACTICES, TRENDS AND NEW DECISION-MAKING TOOLS AND STRATEGIES. WOMEN'S COUNCIL OF REALTORS CONFERENCES ARE PACKED WITH TOP-NOTCH EDUCATION FOR REAL ESTATE PROFESSIONALS, AS WELL AS OPPORTUNITIES TO NETWORK FOR REFERRALS WITH AGENTS FROM ACROSS THE COUNTRY. EACH YEAR WCR HOLDS A MIDYEAR MEETING AND A NATIONAL CONFERENCE
WCR PROVIDED PROFESSIONAL EDUCATION PROGRAMS DESIGNED TO KEEP MEMBERS ON TOP OF AN EVOLVING MARKET AND TO ENHANCE LEADERSHIP SKILLS. WCR HELD SEVERAL ONLINE EDUCATIONAL SESSIONS AND WEBINARS THROUGHOUT THE YEAR TO HELP MEMBERS ENHANCE THEIR BUSINESSES AND GROW THEIR CLIENT BASES. THE COUNCIL ALSO PROVIDED SERVICES (INCLUDING ADMINISTRATIVE AND LEADERSHIP SUPPORT) TO OVER 249 LOCAL AND STATE NETWORKS COMBINED.
THE PERFORMANCE MANAGEMENT NETWORK (PMN) DESIGNATION PROGRAM COMBINES WCR'S THRIVING REFERRAL NETWORK WITH NEW COURSES THAT ADDRESS THE HOT TOPICS THAT ARE SHAPING REAL ESTATE, LIKE EFFECTIVE NEGOTIATING, CONFLICT AND CHANGE MANAGEMENT, NETWORKING TO GENERATE REFERRALS AND MORE. THE PMN SUITE OF PROFESSIONAL PERFORMANCE TRAINING COURSES IS TAUGHT BY RECOGNIZED EXPERTS WHO COVER HOT TOPICS DRIVING THE REAL ESTATE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President-Elect | OfficerTrustee | 5 | $0 |
Name Not Listed Past National President | OfficerTrustee | 5 | $0 |
Name Not Listed President | OfficerTrustee | 5 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 5 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.5 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $123,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,925 |
| Total Program Service Revenue | $2,396,273 |
| Investment income | $30,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33,773 |
| Net Rental Income | $0 |
| 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 | $2,617,630 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $226,807 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $700,365 |
| Pension plan accruals and contributions | $21,623 |
| Other employee benefits | $136,086 |
| Payroll taxes | $47,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,663 |
| Fees for services: Accounting | $28,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,168 |
| Advertising and promotion | $11,320 |
| Office expenses | $241,413 |
| Information technology | $255,758 |
| Royalties | $17,711 |
| Occupancy | $197,593 |
| Travel | $176,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $257,444 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,643 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,482,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,115,489 |
| Savings and temporary cash investments | $7,952 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $105,299 |
| Net Land, buildings, and equipment | $10,158 |
| Investments—publicly traded securities | $1,227,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $390,090 |
| Total assets | $2,856,212 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $28,669 |
| 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 | $1,213,400 |
| Total liabilities | $1,242,069 |
| Net assets without donor restrictions | $1,614,143 |
| 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 | $2,856,212 |