Greater Idaho Falls Association Of Realtors Inc is located in Idaho Falls, ID. The organization was established in 1979. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Idaho Falls Association Of Realtors Inc 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 12/2022, Greater Idaho Falls Association Of Realtors Inc generated $346.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $388.5k during the year ending 12/2022. While expenses have increased by 13.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST LOCAL REALTORS IN MAINTAINING HIGH STANDARDS, ADOPTING UNIFORM AND EQUITABLE FEES AND COLLECTIVELY WORKING TOWARD THE BETTERMENT OF THE REAL ESTATE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP ACADEMY
EDUCATION OF REALTORS - CONFERENCES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Johnston CEO | Officer | 40 | $109,073 |
Kim Rose Director | Officer | 3 | $0 |
Andrea Jardine Director | Officer | 3 | $0 |
Jared Lords Srrmls Liason | Officer | 3 | $0 |
Tami Metcalf Director | Officer | 3 | $0 |
Jennifer Fredrickson Director | Officer | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $232,339 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $18,220 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $250,559 |
Total Program Service Revenue | $5,399 |
Investment income | $546 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $346,415 |
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. | $109,073 |
Compensation of current officers, directors, key employees. | $109,073 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,259 |
Pension plan accruals and contributions | $8,985 |
Other employee benefits | $0 |
Payroll taxes | $15,417 |
Fees for services: Management | $0 |
Fees for services: Legal | $143 |
Fees for services: Accounting | $10,155 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $27,253 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $28,507 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,862 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,216 |
Insurance | $3,088 |
All other expenses | $53,655 |
Total functional expenses | $388,462 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $896,083 |
Savings and temporary cash investments | $18,912 |
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 | $0 |
Net Land, buildings, and equipment | $259,603 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,174,598 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $207,980 |
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 | $313,076 |
Total liabilities | $521,056 |
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 | $653,542 |
Total liabilities and net assets/fund balances | $1,174,598 |
Organization Name | Assets | Revenue |
---|---|---|
Los Angeles County Facilities Inc Seattle, WA | $331,229,816 | $2,374,055 |
Greater Las Vegas Association Of Realtors Las Vegas, NV | $41,416,661 | $13,529,639 |
Salinas Public Facilities Inc Seattle, WA | $71,107,381 | $6,357,794 |
Nellis-Stewart Inc Las Vegas, NV | $28,552,356 | $2,374,620 |
Reef Plaza Del Lago Inc Seattle, WA | $38,306,413 | $3,176,693 |
Montana Assn Of Realtors Helena, MT | $6,057,562 | $1,938,232 |
Northern Wasatch Association Of Realtors South Ogden, UT | $9,212,927 | $2,554,624 |
Boise Regional Realtors Inc Boise, ID | $4,503,987 | $2,800,698 |
Reef Imperial Rose Inc Seattle, WA | $18,470,445 | $2,246,970 |
Washington County Board Of Realtors St George, UT | $5,134,467 | $1,625,807 |
St Louis Square Inc Las Vegas, NV | $40,048,213 | $1,985,390 |
Park City Board Of Realtors Park City, UT | $3,513,137 | $1,239,593 |