The Richmond Real Estate Group
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 10/1984
- Data as of
- 08/2021
- EIN
- 52-1298611
Organization Overview
The Richmond Real Estate Group is located in Richmond, VA. The organization was established in 1984. 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. Richmond Real Estate Group 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 08/2021, Richmond Real Estate Group generated $50.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $24.4k during the year ending 08/2021. While expenses have increased by 26.0% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOLDS PERIODIC MEETINGS TO DISCUSS CURRENT REAL ESTATE PROJECTS IN THE RICHMOND AREA. THIS GROUP BENEFITS THE PROFESSIONAL WORKING IN THE RICHMOND AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dixon Wallace Treasure | 1 | $0 | |
David Auman Vice President | 1 | $0 | |
Drew Holtzman Secretary | 1 | $0 | |
John Mercer Asst. Secretary | 1 | $0 | |
Diane Linderman President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,825 |
| Membership dues | $45,030 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,863 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $106 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,210 |
| Total expenses | $24,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,327 |
| Other assets | $0 |
| Total assets | $75,327 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,327 |
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