Metrotex Association Of Realtors Inc

Organization Overview

Metrotex Association Of Realtors Inc is located in Grapevine, TX. The organization was established in 1939. 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. Metrotex 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, Metrotex Association Of Realtors Inc generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. 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

THE METROTEX ASSOCIATION OF REALTORS WORK TO STRENGTHEN THE REAL ESTATE COMMUNITY AND ACT AS A BRIDGE BETWEEN OUR REALTOR MEMBERS AND THE CONSUMER IN NEED OF A PROFESSIONAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATIONAL SERVICES AND MANDATORY CONTINUING EDUCATION CLASSES TO THE REAL ESTATE PROFESSIONAL.


TO PROVIDE REAL ESTATE RELATED PRODUCTS TO THE REAL ESTATE PROFESSIONAL.


TO PRODUCE PUBLICATIONS THAT PROVIDE INDUSTRY RESOURCES AND COMMUNICATIONS, VIA PRINT PUBLICATION AND ELECTRONIC DELIVERY, TO HELP THE REAL ESTATE COMMUNITY CONDUCT BUSINESS.


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Board, Officers & Key Employees

Name (title)Compensation
Epps Belinda
Secretary/treasurer
$0
Jordan William
President
$0
Kane Janet
CEO
$0
Walcik Taylor
President-Elect
$0
Campagna Franceanna
Director
$0
Eakin Ed
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,770,764
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$3,770,764
Total Program Service Revenue$0
Investment income $135,892
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $78,000
Net Gain/Loss on Asset Sales $1,068,736
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,907,473

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