Williamson County Association Of Realtors
- Assets
- $3.3m
- Revenue
- $1.3m
- Investments
- $47.9k
- Employees
- 10
- Location
- Brentwood, TN
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 58-1341949
Organization Overview
Williamson County Association Of Realtors is located in Brentwood, TN. The organization was established in 1979. 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 12/2021, Williamson County Association Of Realtors employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamson County 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 12/2021, Williamson County Association Of Realtors generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $989.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION FOR REAL ESTATE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES A CENTRAL ORGANIZATION FOR COORDINATION OF BUSINESS AND EDUCATIONAL OPPORTUNITIES FOR WILLIAMSON COUNTY, TENNESSEE REALTORS.
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorie Laymen President | Officer | 1 | $0 |
Misty Woodford President - Elect | Officer | 1 | $0 |
Kathie Moore Secretary/treasurer | Officer | 1 | $0 |
Melba Beasley Director | Trustee | 1 | $0 |
Clay Elmore Director | Trustee | 1 | $0 |
Nick Shuford Director | Trustee | 1 | $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 | $40,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,958 |
| Total Program Service Revenue | $1,035,623 |
| Investment income | $149,865 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,000 |
| Net Gain/Loss on Asset Sales | $15,496 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,455 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,254,397 |
| 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 | $420,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $63,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,578 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,188 |
| Travel | $31,052 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,298 |
| Interest | $10,675 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,782 |
| Insurance | $0 |
| All other expenses | $17,599 |
| Total functional expenses | $989,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,184,658 |
| Savings and temporary cash investments | $40,024 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $163,210 |
| 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 | $12,834 |
| Net Land, buildings, and equipment | $1,452,144 |
| Investments—publicly traded securities | $381,315 |
| Investments—other securities | $47,894 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,282,079 |
| Accounts payable and accrued expenses | $128,180 |
| Grants payable | $0 |
| Deferred revenue | $692,012 |
| 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 | $237,123 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,057,315 |
| Net assets without donor restrictions | $2,224,764 |
| 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 | $3,282,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Apartment Association Arlington, VA | $36,578,270 | $34,472,867 |
Home Builders Association Of St Louis And Eastern Missouri St Louis, MO | $3,455,460 | $2,766,865 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Greater Atlanta Home Builders Association Inc Atlanta, GA | $2,099,399 | $1,943,083 |
Home Builders Association Of Greater Kansas City Kansas City, MO | $3,251,651 | $2,025,305 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
Central Mississippi Realtors Inc Jackson, MS | $4,158,452 | $1,679,349 |
Wake County Continuum Of Care Raleigh, NC | $296,436 | $1,664,133 |
Greater Louisville Association Of Realtors Inc Louisville, KY | $9,529,127 | $1,361,558 |
Greater Birmingham Association Of Home Builders Birmingham, AL | $2,470,065 | $1,460,469 |
National Property Management Association Atlanta, GA | $1,900,437 | $1,089,769 |
Baldwin County Assoc Of Realtors Robertsdale, AL | $6,364,960 | $1,529,077 |