The Dekalb Association Of Realtors Inc
- Assets
- $1.5m
- Revenue
- $527.2k
- Investments
- $191.2k
- Employees
- 4
- Location
- Tucker, GA
- Founding
- 08/1974
- Data as of
- 09/2022
- EIN
- 58-0703060
Organization Overview
The Dekalb Association Of Realtors Inc is located in Tucker, GA. The organization was established in 1974. 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. As of 09/2022, Dekalb Association Of Realtors Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dekalb Association Of 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 09/2022, Dekalb Association Of Realtors Inc generated $527.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $518.4k during the year ending 09/2022. While expenses have increased by 2.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE REALTORS CONCERNING THE PRACTICE OF SELLING REAL ESTATE IN THE STATE OF GEORGIA AND ELEVATE THEM TO A HIGHER PROFESSIONAL ETHIC CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION AND ENCOURAGEMENT OF EXCELLENCE IN REAL ESTATE SALES OF APPROXIMATELY 1523 MEMBERS, RECOGNITION AND AWARDS FOR ACHIEVEMENTS OF 189 MEMBERS.
NEW MEMBER ORIENTATION CLASSES WHERE NEW MEMBERS RECEIVE INSTRUCTION ON FAIR HOUSING AND THE CODE OF ETHICS. 221 MEMBERS ATTENDED. MEDIATION AND ARBITRATION AVAILABLE FOR ALL MEMBERS.
CONDUCT 52 EDUCATION SEMINARS OFFERED TO ALL MEMBERS OF WHICH APPROXIMATELY 717 ATTENDED. HOLD SPECIAL EVENTS TO ENCOURAGE COMMUNITY SERVICE. MAINTAIN RESOURCES AVAILABLE TO ALL MEMBERS AND UPDATED WITH THE LATEST RESOURCES TO AID REAL ESTATE SALES AGENTS. HOLD QUARTERLY FORUMS AND MEMBERSHIP MEETINGS ON CURRENT REAL ESTATE TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delisa Sims Exec Dir/secretary | OfficerTrustee | 40 | $69,083 |
Jenice Brinkley President | OfficerTrustee | 2 | $0 |
Harrice B Moore Pres Elect | OfficerTrustee | 1 | $0 |
Justin Vickery VP Of Finance | OfficerTrustee | 0.5 | $0 |
Joyce Turner Past President | OfficerTrustee | 0.5 | $0 |
Martha Jackson VP Of Membership | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $332,984 |
| 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 | $332,984 |
| Total Program Service Revenue | $121,762 |
| Investment income | $92,373 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,916 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $527,203 |
| 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 | $179,425 |
| Pension plan accruals and contributions | $4,665 |
| Other employee benefits | $32,139 |
| Payroll taxes | $14,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $680 |
| Fees for services: Accounting | $17,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,375 |
| Fees for services: Other | $18,293 |
| Advertising and promotion | $618 |
| Office expenses | $9,325 |
| Information technology | $25,172 |
| Royalties | $0 |
| Occupancy | $30,601 |
| Travel | $2,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,171 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,917 |
| Insurance | $1,619 |
| All other expenses | $0 |
| Total functional expenses | $518,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,220 |
| Savings and temporary cash investments | $537,048 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,713 |
| 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 | $85,544 |
| Investments—publicly traded securities | $558,566 |
| Investments—other securities | $191,226 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,465,317 |
| Accounts payable and accrued expenses | $2,035 |
| Grants payable | $0 |
| Deferred revenue | $33,369 |
| 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 | $116,744 |
| Total liabilities | $152,148 |
| Net assets without donor restrictions | $1,313,169 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,465,317 |