Lake Region Association Of Realtors
- Assets
- $64.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fergus Falls, MN
- Founding
- 01/1998
- EIN
- 41-1466175
Organization Overview
Lake Region Association Of Realtors is located in Fergus Falls, MN. The organization was established in 1998. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Region Association 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 undefined, Lake Region Association Of Realtors generated $119.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $80.0k during the year ending undefined. While expenses have increased by 6.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROMOTED AND MAINTAINED A CODE OF ETHICS AMONG REAL ESTATE PROFESSIONALS AND EDUCATED THE PUBLIC AND THE PROFESSION
THE ORGANIZATION PROMOTED AND MAINTAINED A CODE OF ETHICS AMONG REAL ESTATE PROFESSIONALS AND EDUCATED THE PUBLIC AND THE PROFESSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milt Paulson President | 0 | $0 | |
Todd Ukkleberg Vice President | 0 | $0 | |
Laura Johnson Treasurer | 0 | $0 | |
Laurie Henkes Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,337 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $416 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $44,620 |
| Total Revenue | $119,373 |
| Statement of Expenses | |
|---|---|
| Total expenses | $79,958 |
| Balance Sheet | |
|---|---|
| Total assets | $64,844 |
| Total liabilities | $2,107 |
| Net assets or fund balances | $62,737 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Realtors Association Madison, WI | $21,391,509 | $7,218,750 |
Home Builders Association Of Fargo- Moorhead Fargo, ND | $1,517,097 | $1,284,531 |
Home Builders Association Of The Sioux Empire Sioux Falls, SD | $1,857,730 | $1,072,833 |
Iowa Manufactured Housing Association Des Moines, IA | $2,039,224 | $388,214 |
Black Hills Home Builders Association Rapid City, SD | $558,263 | $582,309 |
Bismarck - Mandan Home Builders Association Bismarck, ND | $749,517 | $526,175 |
Manufactured & Modular Home Association Of Minnesota Inc West St Paul, MN | $617,239 | $428,094 |
Greater Cedar Rapids Housing & Building Association Hiawatha, IA | $664,556 | $537,933 |
Home Builders Association Of Iowa Des Moines, IA | $1,109,102 | $314,282 |
Winnegamie Home Builders Association Inc Oshkosh, WI | $477,265 | $184,982 |
Golden Sands Home Builders Association Plover, WI | $79,293 | $0 |
Bedford Community Housing Association Bedford, IA | $397,026 | $0 |