Norfolk Board Of Realtors Incorporated
- Assets
- $175.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 01/1959
- Data as of
- 12/2023
- EIN
- 47-6033844
Organization Overview
Norfolk Board Of Realtors Incorporated is located in Norfolk, NE. The organization was established in 1959. 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. Norfolk Board Of Realtors Incorporated 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 12/2023, Norfolk Board Of Realtors Incorporated generated $104.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $107.0k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Wolfe President | 3 | $0 | |
Jade Lafleur President Elect | 3 | $0 | |
Ron Thompson Immediate Past President | 3 | $0 | |
Lori Oertwich Treasurer | 3 | $0 | |
Kim Wilcox Director | 3 | $0 | |
Ann Dover Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $100,721 |
| Investment income | $1,353 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,979 |
| Total Revenue | $104,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,638 |
| Professional fees and other payments to independent contractors | $4,950 |
| Occupancy, rent, utilities, and maintenance | $7,573 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,862 |
| Total expenses | $107,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,123 |
| Other assets | $0 |
| Total assets | $175,525 |
| Total liabilities | $798 |
| Net assets or fund balances | $174,727 |