Northwest Montana Association Of Realtors is located in Kalispell, MT. The organization was established in 0000. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Montana 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, Northwest Montana Association Of Realtors generated $403.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $329.0k during the year ending 12/2021. 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
PROVIDE TRAINING AND PROMOTE THE INTEGRITY OF THE PROFESSION OF REALTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE REAL ESTATE PROFESSION--PROVIDED A UNIFIED MEDIUM FOR THOSE ENGAGED IN THE REAL ESTATE BUSINESS TO MAINTAIN A QUALITY PROFESSION AND PROVIDE APPLICABLE INFORMATION.
EDUCATIONAL SEMINARS--PROVIDED TO REALTORS AS CONTINUING EDUCATION THAT INCLUDES UPDATES ON RULES AND REGULATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeri Moon Executive Offcr | Officer | 40 | $42,566 |
Michael Hodges Secretary | OfficerTrustee | 1 | $0 |
Brenda Miller President Elect | OfficerTrustee | 1 | $0 |
Robin Wallace President | OfficerTrustee | 1 | $0 |
Sarah Stahlberg Treasurer | OfficerTrustee | 1 | $0 |
Doryce Hawkins Vice President | OfficerTrustee | 1 | $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 | $406,267 |
Investment income | $1,737 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$4,122 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $403,882 |
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. | $42,566 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $85,924 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,643 |
Fees for services: Accounting | $10,685 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,799 |
Advertising and promotion | $0 |
Office expenses | $6,755 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,600 |
Travel | $21,054 |
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 | $9,195 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,240 |
All other expenses | $17,383 |
Total functional expenses | $329,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $284,394 |
Savings and temporary cash investments | $295,394 |
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 | $7,200 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $586,988 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $5,900 |
Total liabilities | $5,900 |
Net assets without donor restrictions | $581,088 |
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 | $0 |
Total liabilities and net assets/fund balances | $586,988 |
Organization Name | Assets | Revenue |
---|---|---|
Home Builders Association Of Fargo- Moorhead Fargo, ND | $1,517,097 | $1,284,531 |
Home Builders Association Of The Sioux Empire Sioux Falls, SD | $1,857,730 | $1,072,833 |
Gallatin Association Of Realtors Bozeman, MT | $5,179,446 | $990,717 |
Billings Association Of Realtors Billings, MT | $2,411,942 | $759,744 |
Black Hills Home Builders Association Rapid City, SD | $558,263 | $582,309 |
Bismarck - Mandan Home Builders Association Bismarck, ND | $749,517 | $526,175 |
Northwest Montana Association Of Realtors Kalispell, MT | $586,988 | $403,882 |
Home Builders Association Of Great Falls Montana Great Falls, MT | $541,052 | $262,333 |
Forman Housing Association Mott, ND | $90,830 | $0 |
Idaho Manufactured Housing Association Boise, ID | $133,741 | $0 |
North Dakota Manufactured Housing Association Minot, ND | $782,534 | $79,558 |
South Dakota Manufactured Housing Association Pierre, SD | $227,513 | $0 |