Itasca County Board Of Realtors

Organization Overview

Itasca County Board Of Realtors is located in Grand Rapids, MN. The organization was established in 2016. 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. Itasca County 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 12/2021, Itasca County Board Of Realtors generated $114.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $103.4k during the year ending 12/2021. While expenses have increased by 1.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ITASCA COUNTY BOARD OF REALTORS WAS FORMED FOR THE PURPOSE OF SUPPORTING ITS REAL ESTATE PROFESSIONAL MEMBERSHIP BY PROVIDING PROGRAMS AND SERVICES TO ASSIST ITS MEMBERS IN SERVING THE PUBLIC BY PROMOTING REAL ESTATE IN THE GREATER ITASCA COUNTY AREA. MEMBERSHIP IN ITASCA COUNTY BOARD OF REALTORS ALLOWS REAL ESTATE PROFESSIONALS ELIGIBILITY IN THE NATIONAL ASSOCIATION OF REALTORSX AND MINNESOTA ASSOCIATION OF REALTORS' PROGRAMS AND RECOGNITION. THE ORGANIZATION PROVIDES ITS MEMBERS WITH EDUCATIONAL, PROFESSIONAL AND ETHICAL INFORMATION, AS WELL AS COMMUNITY INVOLVEMENT AND EXPOSURE TO THE PUBLIC THROUGH ITS ADVOCACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLICATION AND DISTRIBUTION OF THE MULTIPLE LISTING SERVICE DIRECTORY TO ITS MEMBERS AND OTHER INDUSTRY-RELATED PROFESSIONALS.SOURCING AND ADMINISTRATION OF PROFESSIONAL CONTINUING EDUCATION PROGRAMS FOR ITS MEMBERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Anselmo
Treasurer
$0
Joe Tome
Director
$0
Jim Kutschat
President
$0
Deb Bounds
Vice President
$0
Tammi Bischoff
Director
$0
Annalea Peters
Director
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$113,805
Investment income $229
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 $114,034

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