Baldwin County Assoc Of Realtors is located in Robertsdale, AL. The organization was established in 1980. 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 12/2022, Baldwin County Assoc Of Realtors employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baldwin 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 12/2022, Baldwin County Assoc Of Realtors generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 12.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PRODUCTS AND SERVICES TO REALTORS THAT WILL ASSIST IN ACHIEVING THE GREATEST AMOUNT OF SUCCESS IN THE BUYING AND SELLING OF REALTY AS WELL AS PROVIDING A STRICT CODE OF ETHICS AND PROFESSIONAL STANDARDS TO ENABLE ITS MEMBERS TO CONDUCT BUSINESS WITH INTEGRITY AND COMPETENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRODUCTS AND SERVICES TO REALTORS THAT WILL ASSIST IN ACHIEVING THE GREATEST AMOUNT OF SUCCESS IN THE BUYING AND SELLING OF REALTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tommy Stanton President | OfficerTrustee | 3 | $0 |
Rachel Romash Reese Vice Preside | OfficerTrustee | 2 | $0 |
Susan Shallow Secretary | OfficerTrustee | 2 | $0 |
Jaime Cooper Treasurer | OfficerTrustee | 1 | $0 |
Walter Gex Billups Board Member | Trustee | 1 | $0 |
Donna Fitts Board Member | Trustee | 1 | $0 |
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 | $1,305,658 |
Investment income | $49,653 |
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 | $2,036,516 |
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 | $709,064 |
Pension plan accruals and contributions | $22,080 |
Other employee benefits | $76,096 |
Payroll taxes | $58,133 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,235 |
Fees for services: Accounting | $6,325 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,689 |
Fees for services: Other | $8,356 |
Advertising and promotion | $35,674 |
Office expenses | $16,713 |
Information technology | $67,043 |
Royalties | $0 |
Occupancy | $85,121 |
Travel | $34,353 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $121,684 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,645 |
Insurance | $15,944 |
All other expenses | $12,803 |
Total functional expenses | $1,571,460 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $467,161 |
Savings and temporary cash investments | $3,433,765 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $603,184 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,382 |
Prepaid expenses and deferred charges | $19,419 |
Net Land, buildings, and equipment | $2,140,550 |
Investments—publicly traded securities | $297,874 |
Investments—other securities | $8,562 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $84,478 |
Total assets | $7,059,375 |
Accounts payable and accrued expenses | $25,453 |
Grants payable | $0 |
Deferred revenue | $1,066,561 |
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 | $44,178 |
Total liabilities | $1,136,192 |
Net assets without donor restrictions | $5,923,183 |
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 | $7,059,375 |