Weatherford Board Of Realtors is located in Weatherford, TX. The organization was established in 1987. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Weatherford Board Of Realtors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weatherford Board 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, Weatherford Board Of Realtors generated $624.3k 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 $510.1k during the year ending 12/2021. While expenses have increased by 2.2% 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
TO PROMOTE LOCAL REAL ESTATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE LOCAL REAL ESTATE; TO ACCUMULATE AND DISBURSE INFORMATION ON PROPERTIES FOR SALE THRU MULTIPLE LISTING SERVICE. PROVIDE NEWSLETTER AND EDUCATIONAL PROGRAMS, SEMINARS, PUBLICATION: TO DISSEMINATE INFORMATION TO MEMBERS AND PROVIDE ONGOING TRAINING. THERE ARE ARTICLES INCLUDED PROMOTING THE USE OF REALTORS,STAGING A HOME FOR SALE, MAKING A HOME MORE MARKETABLE, REASONS TO OWN A HOME, TIPS FOR BUYING, ETC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronny Doran President-El | OfficerTrustee | 5 | $0 |
Karen Mitchell Sec/treas | OfficerTrustee | 3 | $0 |
Kathy Evans President | OfficerTrustee | 5 | $0 |
Janet Chism Past Preside | OfficerTrustee | 2 | $0 |
Jacque Lammers Director | Trustee | 2 | $0 |
Carol Lea Director | Trustee | 2 | $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 | $569,794 |
Investment income | $8,245 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $33,239 |
Net Income from Fundraising Events | $9,027 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $624,341 |
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 | $175,732 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,792 |
Payroll taxes | $12,506 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,132 |
Office expenses | $5,074 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $57,758 |
Travel | $1,769 |
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 | $1,424 |
Insurance | $604 |
All other expenses | $36,289 |
Total functional expenses | $510,101 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $468,206 |
Savings and temporary cash investments | $0 |
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 | $3,614 |
Net Land, buildings, and equipment | $5,419 |
Investments—publicly traded securities | $247,009 |
Investments—other securities | $1,125 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,650 |
Total assets | $728,023 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $134,264 |
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 | $9,267 |
Total liabilities | $143,531 |
Net assets without donor restrictions | $0 |
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 | $584,492 |
Total liabilities and net assets/fund balances | $728,023 |
Organization Name | Assets | Revenue |
---|---|---|
American Association Of Petroleum Geologists Foundation Tulsa, OK | $53,009,390 | $2,910,036 |
American Society For Photogrammetry And Remote Sensing Baton Rouge, LA | $689,794 | $723,422 |
Weatherford Board Of Realtors Weatherford, TX | $728,023 | $624,341 |
Texas Energy Poverty Research Institute Austin, TX | $430,142 | $640,759 |
Geophysical Society Of Houston Houston, TX | $559,607 | $339,555 |
National Weather Association Norman, OK | $439,471 | $402,622 |
Scientific Investigation & Instruction Institute Austin, TX | $33,035 | $151,334 |
National Tornado Foundation Edmond, OK | $0 | $0 |
Northrop Rice Foundation Houston, TX | $21,221 | $0 |
International Union United Auto Aerospace & Agricultural Workers Hurst, TX | $72,306 | $0 |
Professional Aviation Board Of Certification Houston, TX | $128,138 | $0 |
Ttara Research Foundation Austin, TX | $239,532 | $0 |