Louisiana Realtors

Organization Overview

Louisiana Realtors is located in Baton Rouge, LA. The organization was established in 1972. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Louisiana Realtors employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana 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, Louisiana Realtors generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 7.8% 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

LOUISIANA REALTORS IS A MEMBER BASED TRADE ASSOCIATION ESTABLISHED TO ASSIST ITS MEMBERS IN THE BUSINESS OF REAL ESTATE AND TO PROVIDE OPTIMUM MEMBER RESOURCES WHILE SERVING AS AN ADVOCATE FOR REALTORS AND CONSUMERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTIONS AND MEETINGS- LOUISIANA REALTORS HOST FOUR MEETINGS EACH YEAR TO PROVIDE NETWORKING OPPORTUNITIES ALONG WITH PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION OFFERINGS. THE MEETINGS SERVE AS A PLATFORM ENSURING MEMBERS RECIEVE THE LATEST INFORMATION ON ISSUES AFFECTING THE REAL ESTATE INDUSTRY. GOVERNANCE MEETINGS ARE HELD IN CONJUNCTION WITH MEETINGS ALONG WITH THE ANNUAL INSTALLATION OF OFFICERS.


ADVOCACY- LOUISIANA REALTORS MONITOR, RECOMMEND, AND SUPPORT OR OPPOSE STATE LEGISLATION AND REGULATORY POLICIES THAT AFFECT THE REAL ESTATE INDUSTRY IN LOUISIANA.


LEGAL, LEGISLATIVE, AND RISK MANAGEMENT- LOUISIANA REALTORS PROVIDE RESOURCES TO ITS MEMBERS THROUGH ACCESS TO A LEGAL HOTLINE SERVICE WITH DIRECT ACCESS TO THE ASSOCIATION'S LEGAL COUNSEL WHO CAN PROVIDE INFORMATION ON A VARIETY OF REAL ESTATE RELATED TOPICS. ADDITIONALLY, LOCAL BOARDS IN THE STATE HAVE ACCESS TO LEGAL COUNSEL TO ASSIST IN DEALING WITH ISSUES INCLUDING GOVERNANCE AND EMPLOYMENT MATTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Norman Morris
CEO
$255,541
Chelsea Meng
Local Board President
$0
Casey French
Local Board President-Elec
$0
Cindy Callais
Local Board President Desi
$0
Chris Brock
Local Board Director
$0
Eloise Gauthier
Secretary-Treasurer
$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$2,740,894
Investment income $54,716
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $266,175
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,076,078

Grants Awarded

Over the last fiscal year, Louisiana Realtors has awarded $400,000 in support to 2 organizations.

Grant RecipientAmount

REALTORS RELIEF FOUNDATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: TO PROVIDE ASSISTANCE TO VICTIMS AFFECTED BY NATURAL DISASTERS

$200,000

LOUISIANA REALTORS ASSOCIATION RELIEF FUND

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: TO PROVIDE ASSISTANCE TO VICTIMS AFFECTED BY NATURAL DISASTERS

$200,000
View Grant Profile

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