Gallatin Association Of Realtors

Organization Overview

Gallatin Association Of Realtors is located in Bozeman, MT. The organization was established in 1996. 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 09/2021, Gallatin Association Of Realtors employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gallatin 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 09/2021, Gallatin Association Of Realtors generated $990.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $670.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. 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 GALLATIN ASSOCIATION OF REALTORS IS THE MODEL FOR ADVANCING THE REAL ESTATE INDUSTRY, PROVIDING REALTORS WITH TOOLS AND SERVICES TO SUPPORT THEIR SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GALLATIN ASSOCIATION OF REALTORS HAS A TOTAL OF 1,448 GAR REALTOR, APPRAISER, AND AFFILIATE MEMBERS.


THE BOARD PRODUCES A NEWSLETTER EVERY MONTH WHICH PROVIDES EDUCATIONAL INFORMATION, ALERTS REALTORS TO EDUCATIONAL OPPORTUNITIES IN THE STATE, AND REVIEWS NEW LEGISLATION.


THE BOARD PUTS ON CONTINUING EDUCATION COURSES FOR ITS MEMBERS EACH MONTH TOTALING UP TO 80 TOTAL CREDIT HOURS PER YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Wigton
Executive Officer
$65,235
Bryan Atwell
Treasurer
$0
Joanna Harper
President Elect
$0
Brian Tudor
First Vice President
$0
Lacy Browne
President
$0
Claire Gillam
Past President
$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$680,080
Investment income $98,074
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $138,930
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $990,717

Grants Awarded

Over the last fiscal year, Gallatin Association Of Realtors has awarded $110,000 in support to 2 organizations.

Grant RecipientAmount

GAR CHARITABLE FOUNDATION

PURPOSE: FURTHER ORGANIZATION'S CHARITABLE PURPOSE.

$100,000

BOZEMAN SCHOOLS FOUNDATION

Org PageRecipient Profile

Bozeman, MT

PURPOSE: FURTHER ORGANIZATION'S CHARITABLE PURPOSE.

$10,000
View Grant Profile

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