Rutherford County Board Of Realtors Incorporated
- Assets
- $60.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rutherfordton, NC
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 56-1608415
Organization Overview
Rutherford County Board Of Realtors Incorporated is located in Rutherfordton, NC. The organization was established in 1993. 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. Rutherford County 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 12/2021, Rutherford County Board Of Realtors Incorporated generated $49.4k 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 (8.6%) each year. All expenses for the organization totaled $42.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) 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
PROMOTE AND ENFORCE A COMMON CODE OF ETHICS FOR MEMBERS.PROVIDE EDUCATIONAL OPPORTUNITIES AND PROMOTE HARMONY AMONGREAL ESTATE PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Driver Treasurer | 3 | $0 | |
Beth Helton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,745 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,600 |
| Total Revenue | $49,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $31,976 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,208 |
| Occupancy, rent, utilities, and maintenance | $7,606 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,156 |
| Total expenses | $42,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,674 |
| Other assets | $0 |
| Total assets | $60,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Association Of Realtors Inc Atlanta, GA | $16,334,740 | $7,998,537 |
Northern Virginia Assoc Of Realtors Incorporated Fairfax, VA | $24,558,097 | $7,651,355 |
Grady Cass Incorporated Atlanta, GA | $161,041,116 | $0 |
The Georgia Health Sciences Foundation Inc Augusta, GA | $27,494,312 | $7,447,103 |
Rancho Cucamonga Ii Inc Charlotte, NC | $253,822,278 | $8,749,351 |
Richmond Board Of Realtors Richmond, VA | $32,077,110 | $4,626,448 |
Longleaf Pine Realtors Inc Fayetteville, NC | $7,914,934 | $3,962,762 |
Atlanta Realtors Association Inc Atlanta, GA | $8,002,087 | $2,853,636 |
Boscobel Heights Development Company Inc Nashville, TN | $26,913,589 | $950,458 |
Houston Healthcare Properties Inc Warner Robins, GA | $28,129,794 | $1,213,722 |
American Diabetes Association Property Title Holding Corporation Arlington, VA | $20,277,269 | $1,938,970 |
Atlanta Commercial Board Of Realtors Inc Atlanta, GA | $2,274,900 | $1,467,624 |