Ashland Board Of Realtors
- Assets
- $286.4k
- Revenue
- $96.3k
- Investments
- $21.0
- Employees
- 2
- Location
- Ashland, KY
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 61-0981536
Organization Overview
Ashland Board Of Realtors is located in Ashland, KY. The organization was established in 1984. 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, Ashland Board Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Board 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, Ashland Board Of Realtors generated $96.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $93.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MULTIPLE LISTING SERVICE FOR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MULTIPLE LISTING SERVICE FOR MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Clevenger Secretary | Officer | 5 | $0 |
Randy Memmer President Elect | Officer | 5 | $0 |
Colleen Stark Past President | Officer | 5 | $0 |
Tracy Edwards Treasurer | Officer | 5 | $0 |
Hannah Porter President | Officer | 10 | $0 |
Aj Bailey Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,474 |
| 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 | $3,474 |
| Total Program Service Revenue | $92,060 |
| Investment income | $729 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $96,263 |
| 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. | $33,040 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $304 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,226 |
| Advertising and promotion | $0 |
| Office expenses | $2,405 |
| Information technology | $280 |
| Royalties | $0 |
| Occupancy | $9,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,398 |
| Interest | $3 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,114 |
| All other expenses | $7,974 |
| Total functional expenses | $92,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,261 |
| Savings and temporary cash investments | $41,183 |
| 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 | $5,974 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $21 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $286,439 |
| Accounts payable and accrued expenses | $5,294 |
| 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 | $82,948 |
| Total liabilities | $88,242 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $198,197 |
| 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 | $286,439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Specialized Realtor Education Inc Chicago, IL | $26,431,436 | $9,121,401 |
Swedish American Realty Corporation Rockford, IL | $18,485,524 | $7,044,065 |
Sdco Sfs Logistics Center Inc Chicago, IL | $145,459,378 | $6,525,972 |
Northern Virginia Assoc Of Realtors Incorporated Fairfax, VA | $24,558,097 | $7,651,355 |
Vertex Non Profit Holdings Inc Fairmont, WV | $32,441,063 | $3,635,457 |
Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
Ipers 510 Marquette Inc Chicago, IL | $54,685,062 | $6,518,064 |
Ipers Creekside Inc Chicago, IL | $129,458,514 | $6,603,466 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Ipers Villas On Guadalupe-Tx Inc Chicago, IL | $47,058,177 | $4,863,492 |
Richmond Board Of Realtors Richmond, VA | $32,077,110 | $4,626,448 |
Oakland 14th Office Inc Chicago, IL | $72,846,084 | $5,287,147 |