Greater Owensboro Realtor Association Inc

Organization Overview

Greater Owensboro Realtor Association Inc is located in Owensboro, KY. The organization was established in 1979. 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 12/2021, Greater Owensboro Realtor Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Owensboro Realtor Association 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, Greater Owensboro Realtor Association Inc generated $364.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $381.0k during the year ending 12/2021. While expenses have increased by 14.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AND ENHANCE PROFESSIONAL COMPETENCE; IMPROVE BUSINESS CONDITIONS IN REAL ESTATE INDUSTRY; PRESERVE RIGHTS OF PROPERTY OWNERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ACCESS TO EDUCATIONAL OFFERINGS, NETWORKING OPPORTUNITIES, AND RISK MANAGEMENT TOOLS TO ENHANCE THE SUCCESS OF PROFESSIONALS IN THE REAL ESTATE INDUSTRY, AS WELL AS ENHANCE PROFESSIONAL COMPETENCE THROUGH MONTHLY MEETINGS AND TRAINING PROGRAMS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$151,194
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$151,194
Total Program Service Revenue$172,181
Investment income $10,633
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,232
Net Income from Fundraising Events $9,798
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $364,766

Grants Awarded

Over the last fiscal year, Greater Owensboro Realtor Association Inc has awarded $25,641 in support to 3 organizations.

Grant RecipientAmount

AID THE HOMELESS INC

Org PageRecipient Profile

Owensboro, KY

PURPOSE: PROGRAM SERVICES

$11,251

CLIFF HAGAN BOYS AND GIRLS CLUB INC

Org PageRecipient Profile

Owensboro, KY

PURPOSE: PROGRAM SERVICES

$9,390

REALTORS RELIEF FOUNDATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: PROGRAM SERVICES

$5,000
View Grant Profile

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