Beaufort-Jasper County Realtors Inc
- Assets
- $1.5m
- Revenue
- $209.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, SC
- Founding
- 02/1965
- Data as of
- 12/2021
- EIN
- 57-0468724
Organization Overview
Beaufort-Jasper County Realtors Inc is located in Beaufort, SC. The organization was established in 1965. 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. Beaufort-Jasper County 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, Beaufort-Jasper County Realtors Inc generated $209.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $129.8k during the year ending 12/2021. While expenses have increased by 5.0% 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
TO ADVANCE AND ENCOURAGE PROFITABILITY FOR OUR MEMBERS, PROMOTE AND PROTECT HOME OWNERSHIP, PROPERTY RIGHTS AND THE REALTOR(C) BRAND THROUGH THE HIGHEST STANDARDS OF INTEGRITY AND PROFESSIONALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL MATERIALS AND CLASSES FOR LOCAL REALTORS IN THE AREAS OF ETHICS AND PROCEDURES. ALLOWED DISSEMINATION OF IMPORTANT INFORMATION FOR THE REALTORS AND THE GENERAL PUBLIC ON MATTERS PERTAINING TO THE INDUSTRY AND THE LOCAL MARKET.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Bundy President | OfficerTrustee | 2 | $0 |
Missy Massalon Vice President | OfficerTrustee | 2 | $0 |
Laura Blencoe Secretary | OfficerTrustee | 2 | $0 |
David Polk Treasurer | Trustee | 2 | $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 | $160,551 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,672 |
| 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 | $209,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,770 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,811 |
| Fees for services: Accounting | $12,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,749 |
| Office expenses | $6,383 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,665 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,593 |
| Interest | $1,188 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,832 |
| Insurance | $4,564 |
| All other expenses | $3,785 |
| Total functional expenses | $129,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,542 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $869,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,451,926 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $140,082 |
| Total liabilities | $140,082 |
| 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 | $1,311,844 |
| Total liabilities and net assets/fund balances | $1,451,926 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Association Of Realtors Inc Atlanta, GA | $16,334,740 | $7,998,537 |
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 |
Longleaf Pine Realtors Inc Fayetteville, NC | $7,914,934 | $3,962,762 |
Atlanta Realtors Association Inc Atlanta, GA | $8,002,087 | $2,853,636 |
Houston Healthcare Properties Inc Warner Robins, GA | $28,129,794 | $1,213,722 |
Atlanta Commercial Board Of Realtors Inc Atlanta, GA | $2,274,900 | $1,467,624 |
Greater Augusta Association Of Realtors Inc Augusta, GA | $2,857,338 | $1,413,707 |
Grady Health Resources Inc Atlanta, GA | $88,968,049 | $1,365,656 |
Athens Board Of Realtors Inc Watkinsville, GA | $1,478,400 | $1,099,357 |
Land Of The Sky Association Of Realtors Inc Asheville, NC | $5,828,014 | $1,173,991 |