Mineral Area Board Of Realtors Inc is located in Park Hills, MO. The organization was established in 1980. 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. Mineral Area Board 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 12/2021, Mineral Area Board Of Realtors Inc generated $107.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $100.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE BOARD PROVIDES SUPPLIES, EDUCATIONAL MATERIALS AND SUPPORT TO PROMOTE THE REAL ESTATE PROFESSION IN THE MINERAL AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sally Colwell Executive Of | 20 | $33,066 | |
Kathleen Kelly President | 1 | $0 | |
Misty Merritt Director | 1 | $0 | |
Catherine Buck President El | 1 | $0 | |
Cindy Backer Secretary/tr | 1 | $0 | |
Cary Combs Past Preside | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,075 |
Total Program Service Revenue | $37,680 |
Membership dues | $60,176 |
Investment income | $4,483 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,515 |
Other Revenue | $570 |
Total Revenue | $107,508 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $35,637 |
Professional fees and other payments to independent contractors | $16,022 |
Occupancy, rent, utilities, and maintenance | $10,156 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $38,162 |
Total expenses | $99,977 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,213 |
Other assets | $0 |
Total assets | $237,101 |
Total liabilities | $32,281 |
Net assets or fund balances | $204,820 |
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