South Carolina Association Of Realtors
- Assets
- $13.4m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Columbia, SC
- Founding
- 02/1964
- Data as of
- 12/2022
- EIN
- 57-0370364
Organization Overview
South Carolina Association Of Realtors is located in Columbia, SC. The organization was established in 1964. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, South Carolina Association Of Realtors employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Association Of Realtors 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 12/2022, South Carolina Association Of Realtors generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SC ASSOCIATION OF REALTORS IS A NON-PROFIT MEMBERSHIP ASSOCIATION FOR SC REALTORS THAT HELPS TO LEAD, EDUCATE AND EQUIP ITS MEMBERS TO BE PRODUCTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES FOR THE REALTOR MEMBERS OF SOUTH CAROLINA AND HOST MEETINGS, EVENTS, AND PROFESSIONAL STANDARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cowan Member | Trustee | 0.3 | $0 |
Renny Diedrich Member | Trustee | 0.3 | $0 |
Nick Carlson Member | Trustee | 0.3 | $0 |
Carol Pyfrom Member | Trustee | 0.3 | $0 |
Joseph Klosik Member | Trustee | 0.3 | $0 |
Jj Bowers Member | Trustee | 0.3 | $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 | $4,944,090 |
| Investment income | $95,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,105 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$968 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,055,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $1,287,147 |
| Pension plan accruals and contributions | $256,716 |
| Other employee benefits | $0 |
| Payroll taxes | $88,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,924 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $50,526 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,289 |
| Advertising and promotion | $67,152 |
| Office expenses | $132,784 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,587 |
| Travel | $94,657 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $467,650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,031 |
| Insurance | $22,716 |
| All other expenses | $147,067 |
| Total functional expenses | $3,697,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,728,445 |
| Savings and temporary cash investments | $8,010,091 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $66,286 |
| 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 | $133,681 |
| Net Land, buildings, and equipment | $1,446,867 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,925 |
| Total assets | $13,437,295 |
| Accounts payable and accrued expenses | $219,864 |
| Grants payable | $0 |
| Deferred revenue | $2,381,005 |
| 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 | $2,600,869 |
| Net assets without donor restrictions | $10,833,078 |
| Net assets with donor restrictions | $3,348 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $13,437,295 |
Grants Awarded
Over the last fiscal year, South Carolina Association Of Realtors has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SC REALTOR FOUNDATION PURPOSE: SUPPORT NON-PROFIT AGENCIES TO ASSIST WITH HOUSING, SHELTER, AND DISASTER RELIEF | $40,000 |
SOUTH CAROLINA REALTORS POLITICAL ACTION COMMITTEE PURPOSE: TO PROTECT AND PRESERVE PROPERTY OWNERSHIP RIGHTS TO THE BENEFIT OF ALL CITIZENS THROUGHOUT SC | $10,000 |