Charleston Trident Association Realtors Inc
- Assets
- $5.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 20
- Location
- North Charleston, SC
- Founding
- 09/1964
- Data as of
- 12/2021
- EIN
- 57-0298111
Organization Overview
Charleston Trident Association Realtors Inc is located in North Charleston, SC. The organization was established in 1964. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Charleston Trident Association Realtors Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleston Trident Association 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, Charleston Trident Association Realtors Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDED ESSENTIAL SERVICES FOR REALTORS IN THE CHARLESTON METRO, INCLUDING ADVOCACY, EDUCATION, GOVERNANCE, NETWORKING AND MLS SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SEMINARS AN WORKSHOPS ARE PROVIDED FOR MEMBERS. PROGRAMS ARE DESIGNED TO KEEP MEMBERS CURRENT ON RECENT DEVELOPMENTS IN REAL ESTATE.
MEMBERSHIP MEETINGS ARE CONDUCTED FOR MEMBERS TO KEEP THEM CURRENT ON NEW DEVELOPMENTS AND CHANGES IN THE REAL ESTATE INDUSTRY.
THE ASSOCIATION RUNS A REAL ESTATE SCHOOL FOR EDUCATION AND TRAINING OF MEMBERS AND PROSPECTIVE MEMBERS. THE SCHOOL ENABLES REALTORS TO OBTAIN THE REQUIRED COURSES AND HOURS TO TAKE THE REAL ESTATE EXAM AND REQUIRED CONTINUING EDUCATION COURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Riley CEO | OfficerTrustee | 40 | $247,478 |
Katesha Breland Vice Preside | Trustee | $0 | |
Janice Alder Director | Trustee | $0 | |
Bobette Fisher Director | Trustee | $0 | |
Shakeima Chatman Director | Trustee | $0 | |
John Grisillo Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,354,552 |
| Investment income | $12,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,696,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,385,021 |
| Pension plan accruals and contributions | $126,577 |
| Other employee benefits | $0 |
| Payroll taxes | $94,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $285 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,491,387 |
| Advertising and promotion | $0 |
| Office expenses | $250,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,636 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,429,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,104,265 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $475,708 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $121,625 |
| Net Land, buildings, and equipment | $1,948,831 |
| Investments—publicly traded securities | $98,803 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,749,232 |
| Accounts payable and accrued expenses | $758,133 |
| Grants payable | $0 |
| Deferred revenue | $1,254,960 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,013,093 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,736,139 |
| Total liabilities and net assets/fund balances | $5,749,232 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Charleston Trident Association Realtors Inc has recieved totaling $57,000.
| Awarding Organization | Amount |
|---|---|
National Association Of Realtors Chicago, IL PURPOSE: GENERAL SUPPORT | $57,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Atlanta Chamber Of Commerce Inc Atlanta, GA | $19,028,351 | $14,011,506 |
Savannah Area Chamber Of Commerce Savannah, GA | $13,537,143 | $16,865,609 |
Charlotte Regional Realtor Association Inc Charlotte, NC | $53,438,404 | $12,494,849 |
Hilton Head Island Bluffton Chamber Of Commerce Hilton Head Island, SC | $3,721,536 | $8,774,772 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |
The North Carolina Community Action Association Raleigh, NC | $4,811,006 | $8,169,285 |
Visitgreenville Sc Greenville, SC | $7,299,998 | $9,046,809 |
Raleigh Regional Association Of Realtors Inc Cary, NC | $11,211,879 | $6,674,452 |
Greater Raleigh Chamber Of Commerce Raleigh, NC | $8,171,303 | $6,316,198 |
Gwinnett Chamber Of Commerce Inc Duluth, GA | $6,627,911 | $6,072,892 |
Economic Development Partnership Aiken, SC | $5,344,631 | $2,441,747 |
National Board Of Echocardiography Inc Raleigh, NC | $10,668,936 | $3,809,113 |