Central Illinois Board Of Realtors is located in Charleston, IL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Illinois 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, Central Illinois Board Of Realtors generated $576.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $548.2k during the year ending 12/2022. 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
TO PROVIDE SUPPORT TO REALTORS AND THOSE AFFILIATED WITH REAL ESTATE SALES. TO FACILITATE MEMBERSHIP IN THE NATIONAL ASSOCIATION OF REALTORS, TO PROVIDE A SAFE, SECURE WAY FOR MEMBERS OF THE PUBLIC TO PROVIDE ACCESS TO HOMES AND BUSINESSES FOR SALE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCESSFULLY IMPROVED KEYLESS ENTRY FOR LOCKBOXES COMPLETED THE IMPLEMENTATION OF A FULL SERVICE WEB SITE. GREW MEMBERSHIP AND REVENUE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Brown President | Trustee | 20 | $0 |
Norm Willoughby Vice Preside | Trustee | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $510,409 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $510,409 |
Total Program Service Revenue | $65,952 |
Investment income | $28 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $576,389 |
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 | $24,960 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,321 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,200 |
Fees for services: Accounting | $8,745 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $132,000 |
Advertising and promotion | $0 |
Office expenses | $3,527 |
Information technology | $505 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,391 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $929 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,008 |
All other expenses | $9,069 |
Total functional expenses | $548,157 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $369,489 |
Savings and temporary cash investments | $499,570 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,673 |
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 | $9,570 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $885,302 |
Accounts payable and accrued expenses | $18,238 |
Grants payable | $0 |
Deferred revenue | $261,329 |
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 | $279,567 |
Net assets without donor restrictions | $605,735 |
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 | $885,302 |