Greater Mcallen Association Of Realtors Inc

Organization Overview

Greater Mcallen Association Of Realtors Inc is located in Mcallen, TX. The organization was established in 1953. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Mcallen Association Of Realtors 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 Mcallen Association Of Realtors Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 9.8% 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

PROTECT AND PROMOTE FAVORABLE BUSINESS CONDITIONS FOR THE REALTOR MEMBERS AND CONSUMERS, ADVANCES PROFESSIONALISM FOR REALTORS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MULTIPLE LISTING SERVICE: PROVIDED A UNIFIED MEDIUM BY WHICH SOME OVER 1300 REALTORS SHARE INFORMATION REGARDING PROPERTIES FOR SALE.


SUPRA, KEY & LOCKBOX: PROVIDED A SUPRA LOCKBOX AND KEY SYSTEM ALLOWING REALTORS ACCESS TO THE PROPERTIES.


CONTINUING EDUCATION: EDUCATION MEETINGS, CLASSES, AND EVENTS FOR ITS MEMBERS IN ORDER THAT THEY MAINTAIN THEIR CPE STATUS FOR THEIR LICENSE RENEWAL AND/OR REAL ESTATE DESIGNATIONS.


MEMBERSHIP: PROVIDED APPOINTMENT SETTING SERVICES TO REALTORS. PROVIDED TRANSFER SERVICES TO REALTOR MEMBERS THAT SWITCH FROM THE SPONSORSHIP OF ONE BROKER TO ANOTHER. PROVIDED A WEBSITE WITH VARIOUS RESOURCES FOR REALTORS AND CONSUMERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$350,424
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$355,424
Total Program Service Revenue$1,255,594
Investment income $8,009
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 -$4,602
Miscellaneous Revenue$0
Total Revenue $1,640,455

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