Morgan County Assoc Of Realtors
- Assets
- $408.7k
- Revenue
- $177.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Decatur, AL
- Founding
- 07/1979
- Data as of
- 12/2021
- EIN
- 63-0751643
Organization Overview
Morgan County Assoc Of Realtors is located in Decatur, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan County Assoc 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, Morgan County Assoc Of Realtors generated $177.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $150.4k during the year ending 12/2021. While expenses have increased by 3.3% 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
TO ASSIST INDIVIDUALS IN PURCHASE AND SALES OF REAL ESTATE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING INDIVIDUALS AND REAL ESTATE PROFESSIONALS IN THE PURCHASE AND SALE OF REAL ESTATE.
ASSISTING INDIVIDUALS AND REAL ESTATE PROFESSIONALS IN THE PURCHASE AND SALE OF REAL ESTATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Chambers Treasurer | OfficerTrustee | $0 | |
Tina Terry President | OfficerTrustee | $0 | |
Kim Hallmark Past Preside | OfficerTrustee | $0 | |
Brian Dean President El | OfficerTrustee | $0 | |
Beth Tutwiler-Mcguire Exec. Office | Officer | $0 | |
Chad Hampton Director | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $174,194 |
| Investment income | $139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,600 |
| 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 | $177,933 |
| 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 | $55,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16 |
| Payroll taxes | $4,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,816 |
| Information technology | $3,039 |
| Royalties | $0 |
| Occupancy | $35,133 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,548 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,304 |
| Insurance | $1,628 |
| All other expenses | $2,020 |
| Total functional expenses | $150,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $345,477 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $63,272 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $408,749 |
| Accounts payable and accrued expenses | $1,033 |
| 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 | $64,707 |
| Total liabilities | $65,740 |
| Net assets without donor restrictions | $343,009 |
| 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 | $408,749 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Atlanta Home Builders Association Inc Atlanta, GA | $2,099,399 | $1,943,083 |
Central Mississippi Realtors Inc Jackson, MS | $4,158,452 | $1,679,349 |
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 |
Realtors Of Punta Gorda Port Charlotte North Port Desoto Inc Port Charlotte, FL | $1,538,822 | $1,461,831 |
Baldwin County Assoc Of Realtors Robertsdale, AL | $6,364,960 | $1,529,077 |
Williamson County Association Of Realtors Brentwood, TN | $3,282,079 | $1,254,397 |
Lakeland Association Of Realtors Lakeland, FL | $2,655,515 | $1,043,502 |
Montgomery Area Association Of Realtors Montgomery, AL | $4,209,450 | $856,263 |
Tennessee Manufactured Housing Association Mt Juliet, TN | $3,435,002 | $966,909 |
Mississippi Manufactured Housing Association Jackson, MS | $2,189,967 | $912,152 |
Ocala-Marion County Association Of Realtors Ocala, FL | $5,236,729 | $891,502 |