Sanibel & Captiva Islands Association Of Realtors Inc
- Assets
- $1.7m
- Revenue
- $428.4k
- Investments
- $135.4k
- Employees
- 6
- Location
- Sanibel, FL
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 59-2696345
Organization Overview
Sanibel & Captiva Islands Association Of Realtors Inc is located in Sanibel, FL. The organization was established in 1987. 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 12/2022, Sanibel & Captiva Islands Association Of Realtors Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanibel & Captiva Islands 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 12/2022, Sanibel & Captiva Islands Association Of Realtors Inc generated $428.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $478.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 years. 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
THE SANIBEL & CAPTIVA ISLANDS ASSOCIATION OF REALTORS IS THE TRUSTED VOICE AND ADVOCATE FOR REAL ESTATE. REAL ESTATE PROFESSIONALS ADDING VALUE TO OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVE - DELIVERING VALUE AND ENGAGING MEMBERS IN SCIAR A. SIGNATURE EVENTS - FACILITATE UNIQUE EVENTS THAT OFFER OPPORTUNITIES FOR LEARNING AND MEMBER CONNECTIONS B. DIVERSITY - RECOGNIZE AND ENCOURAGE THE DIFFERENCES AND DIVERSITY OF THE COMMUNITY AND MEMBERSHIP THAT LEND TO OUR STRENGTHS C. MLS - PROVIDE THE HIGHEST LEVEL OF INFORMATION AND TOOLS ESSENTIAL TO ENHANCE MEMBER PRODUCTIVITY; INVESTING IN TECHNOLOGY TO REMAIN RELEVANT, RECOGNIZING EXTERNAL, COMPETITIVE INFLUENCES ADVOCATE - FOR LOCAL PRIVATE PROPERTY RIGHTS AND COMMUNITY ISSUES A. ISSUES AND INFLUENCE - MONITOR AND INFLUENCE LOCAL, STATE AND NATIONAL ISSUES BY MAINTAINING RELATIONSHIPS WITH LOCAL GOVERNMENT, FLORIDA REALTORS AND NAR. B. RPAC - MAINTAIN MEMBER ENGAGEMENT IN SUPPORTING RPAC; ENCOURAGING INVOLVEMENT IN UNDERSTANDING AND PROTECTING COMMUNITY ISSUES. C. ACCESS TO HOUSING - PROMOTE THE PROGRAMS AND INFORMATION THAT SUPPORT ACCESS TO HOUSING LEAD - ACCOUNTABLE FOR GOVERNANCE, STRUCTURE, AND FINANCIAL STABILITY A. GOVERNANCE - MAINTAIN A PIPELINE OF STRONG LEADERS WILLING TO WORK FOR THE HEALTH OF OUR ASSOCIATION AND PROFESSION B. RESOURCES - BE STEWARDS OF THE FINANCIAL RESOURCES, ASSETS AND PROGRAMS THAT ARE UNIQUE STRENGHTS OF SCIAR C. PROFESSIONAL STAFFING - SUPPORT THE ASSOCIATION CEO/AE WHILE SUSTAINING THE PROFESSIONAL STAFF BY PROVIDING EDUCATION AND GROWTH OPPORTUNITIES ENGAGE - REALTORS MAKING A DIFFERENCE IN OUR COMMUNITY A. PUBLIC AWARENESS - IMPROVE PUBLIC UNDERSTANDING OF REALTORS AND THE ASSOCIATION'S POSITIVE IMPACT IN THE COMMUNITY. B. COMMUNITY PROJECTS - ENGAGE, CONVENE AND COLLABORATE ON THE OPPORTUNITIES FOR THE ASSOCIATION AND MEMBERS TO CONTRIBUTE TIME AND RESOURCES; HIGHLIGHTING THE EFFORTS OF SCIAR AND INDIVIDUAL MEMBERS. C. TRUSTED RESOURCE - POSITION THE ASSOCIATION AS THE MOST RELIABLE SOURCE FOR ALL ISSUES, INFORMATION AND DATA REGARDING REAL ESTATE SUPPORT - ENHANCE MEMBER KNOWLEDGE AND PROFESSIONALISM A. PROFESSIONALISM - MAINTAIN THE INTEGRITY ESSENTIAL FOR PROFESSIONALISM THROUGH STRONG ETHICS EDUCATION AND GRIEVANCE PROCESSES. B. CONTINUING EDUCATION - PROVIDE THE COURSES REQUIRED TO PRACTICE REAL ESTATE, INTEGRATING MARKET-SPECIFIC INFORMATION FOR OUR MEMBERS, C. LOCAL EXPERTISE - EDUCATE MEMBERS ON LOCAL ISSUES AND UNIQUE ASPECTS OF THE COMMUNITY; PROMOTING THE SANIBEL CAPTIVA ISLANDS SPECIALIST CERTIFICATION AND RE-CERTIFICATION
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Robinson CEO | Officer | 40 | $100,000 |
Brendan Albright Director | Trustee | 2 | $0 |
Ted Benjamin Past Preside | OfficerTrustee | 2 | $0 |
Greg Demaras President | OfficerTrustee | 2 | $0 |
Kelly Huguenin Director | Trustee | 2 | $0 |
Mike Mcmurray Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,258 |
| 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 | $85,258 |
| Total Program Service Revenue | $214,858 |
| Investment income | $2,621 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,654 |
| 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 | $428,384 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,890 |
| Pension plan accruals and contributions | $5,162 |
| Other employee benefits | $12,451 |
| Payroll taxes | $15,189 |
| 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 | $29,747 |
| Advertising and promotion | $3,415 |
| Office expenses | $15,944 |
| Information technology | $8,139 |
| Royalties | $0 |
| Occupancy | $27,983 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,611 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,373 |
| Insurance | $3,825 |
| All other expenses | $10,938 |
| Total functional expenses | $478,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,020 |
| Savings and temporary cash investments | $521,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,016 |
| 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 | $16,934 |
| Net Land, buildings, and equipment | $886,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $135,419 |
| Investments—program-related | $0 |
| Intangible assets | $724 |
| Other assets | $0 |
| Total assets | $1,651,400 |
| Accounts payable and accrued expenses | $60,958 |
| Grants payable | $0 |
| Deferred revenue | $42,000 |
| 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 | $454,157 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,421 |
| Total liabilities | $577,536 |
| Net assets without donor restrictions | $1,073,864 |
| 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 | $1,651,400 |