Greater Twin Falls Association Of Realtors Inc

Organization Overview

Greater Twin Falls Association Of Realtors Inc, operating under the name Western Magic Valley Realtors, is located in Twin Falls, ID. The organization was established in 1968. 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. As of 12/2023, Western Magic Valley Realtors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Magic Valley 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 12/2023, Western Magic Valley Realtors generated $431.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $356.5k during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORTIVE SERVICES TO MEMBER REALTORS, ENFORCE CODE OF ETHICS, PROVIDE CONTINUING EDUCATION AND ADVOCATE FOR REALTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ATTORNEY-APPROVED CONTRACT FORMS, LEGAL HOTLINE AND CONTINUING EDUCATION FOR REALTORS IN THE LOCAL COMMUNITY AND SURROUNDING AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Lexi Roth
President
$0
Gina Jensen
President-El
$0
Frances Alves
1st Vice Pre
$0
Gina Adkins
1 Year Direc
$0
Misty Chapa
2 Year Direc
$0
Doug Roe
2 Year Direc
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$229,766
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,193
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$242,959
Total Program Service Revenue$118,695
Investment income $14,501
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,752
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 $431,105

Peer Organizations

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Greater Las Vegas Association Of Realtors
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$12,943,000
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$2,964,772
Nellis-Stewart Inc
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Boise Regional Realtors Inc
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$1,774,166
Montana Assn Of Realtors
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$2,119,143
Reef Plaza Del Lago Inc
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Washington County Board Of Realtors
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Northern Wasatch Association Of Realtors
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Reef Imperial Rose Inc
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$2,401,219
Park City Board Of Realtors
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$1,142,406
Wyoming Realtors Inc
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$975,392
Eta Beta Corporation
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St Louis Square Inc
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$1,964,864
Kappa Delta Sorority
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Reef Barnes Canyon Inc
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$1,636,199
Snohomish County-Camano Association Of Realtors
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$582,465
Clark County Board Of Realtors
Vancouver, WA
$704,674
Public Facilities Group
Seattle, WA
$372,854
Westside Ccc
Kalispell, MT
$675,164
Iron County Board Of Realtors Inc
Cedar City, UT
$508,352
Wlam Property Association
Seattle, WA
$0
Greater Pocatello Association Of Realtors Inc
Pocatello, ID
$509,603
Eugene Association Of Realtors
Eugene, OR
$396,159
Cache-Rich Association Of Realtors Incorporated
Logan, UT
$471,033

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