Greater Lewisville Association Of Realtors
- Assets
- $799.9k
- Revenue
- $355.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Lewisville, TX
- Founding
- 07/1988
- Data as of
- 12/2021
- EIN
- 75-1664690
Organization Overview
Greater Lewisville Association Of Realtors is located in Lewisville, TX. The organization was established in 1988. 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 12/2021, Greater Lewisville Association Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Lewisville Association 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, Greater Lewisville Association Of Realtors generated $355.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $323.8k during the year ending 12/2021. While expenses have increased by 5.2% 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
ASSIST ALL MEMBERS TO ACHIEVE HIGH PROFESSIONAL AND ETHICAL STANDARDS; TO ENHANCE THE PROFESSIONAL IMAGE OF REALTORS WITHIN THE COMMUNITY; AND TO HELP MEMBERS SUCCEED BY PROVIDING SUPPORT, EDUCATION AND RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMITTEES: EDUCATION-PROVIDES COURSES FOR MEMBER REALTORS; REALTOR/BUILDER-CONDUCT A "TOUR OF HOMES" TO FAMILIARIZE REALTORS WITH VARIOUS BUILDERS; POLITICAL ACTION COMMITTEES; TREPAC, DENTON COUNTY TRANSPORTATION AUTHORITY.AS OF DECEMBER 31, 2021 THERE WERE 1,568 MEMBERS.
MEMBERSHIP BUSINESS MEETING: HELD ACCORDING TO BYLAWS, DISCUSSION OF GENERAL MEMBERSHIP, BOARD ACTIVITIES, FINANCIAL STATUS, ETC. USUALLY PAID BY CHARGES TO AFFILIATE MEMBERS WITH MINIMAL CHARGE TO MEMBERS.INSTALLATION - DINNER DANCE WITH AWARDS AND PRESENTATIONS HELD ANNUALLY FOR INSTALLATION OF INCOMING OFFICERS. MEMBERS PURCHASE TICKET TO COVER COSTS ONLY. NOT A FUNDRAISING EVENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberley Lambert CEO | Officer | 40 | $112,290 |
Bill Anderson Immediate Past President | OfficerTrustee | 5 | $0 |
Brenda Taylor President | OfficerTrustee | 5 | $0 |
Brandy Jett Secretary-Treasurer | OfficerTrustee | 5 | $0 |
Dennis Elmore Director | OfficerTrustee | 0.5 | $0 |
Becky Garrison Ntrets Bod | Trustee | 1 | $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 | $306,348 |
| Investment income | $637 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,309 |
| 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 | $355,294 |
| 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. | $112,290 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,746 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,093 |
| Payroll taxes | $9,999 |
| Fees for services: Management | $3,958 |
| Fees for services: Legal | $7,758 |
| Fees for services: Accounting | $19,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,463 |
| Advertising and promotion | $0 |
| Office expenses | $2,194 |
| Information technology | $13,682 |
| Royalties | $0 |
| Occupancy | $9,676 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,009 |
| Insurance | $4,017 |
| All other expenses | $6,523 |
| Total functional expenses | $323,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,267 |
| Savings and temporary cash investments | $164,545 |
| 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 | $6,728 |
| Net Land, buildings, and equipment | $214,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $799,862 |
| Accounts payable and accrued expenses | $17,527 |
| Grants payable | $0 |
| Deferred revenue | $186,393 |
| 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 | $2,946 |
| Total liabilities | $206,866 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $432,485 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $160,511 |
| Total liabilities and net assets/fund balances | $799,862 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society Of St Vincent De Paul Diocesan Council Of Austin Austin, TX | $5,825,991 | $7,002,465 |
Greater Houston Blders Assoc Affil W/Natl Assoc Of Home Builders Houston, TX | $5,077,041 | $2,919,418 |
Dallas Builders Association Plano, TX | $1,796,887 | $2,223,405 |
New Mexico Association Of Realtors Santa Fe, NM | $9,229,177 | $2,572,562 |
The Real Estate Council Of Austin Austin, TX | $2,105,322 | $1,470,657 |
Senior Living Association Of Texas Austin, TX | $808,541 | $1,142,119 |
Real Estate Council Of San Antonio San Antonio, TX | $1,176,928 | $756,257 |
Highland Lakes Association Of Realtors Marble Falls, TX | $1,928,045 | $878,133 |
Greater El Paso Association Of Realtors El Paso, TX | $3,726,165 | $962,287 |
Oklahoma State Home Builders Association Oklahoma City, OK | $1,812,093 | $666,363 |
Home Builders Association Of Central New Mexico Albuquerque, NM | $874,304 | $721,952 |
National Association Of Real Estate Boards Fort Smith Board Of Realtor Fort Smith, AR | $1,802,184 | $815,571 |