Realtors Political Action Committee Of Michigan Ii
- Assets
- $1.9m
- Revenue
- $497.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-3878726
Organization Overview
Realtors Political Action Committee Of Michigan Ii is located in Lansing, MI. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Realtors Political Action Committee Of Michigan Ii is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Realtors Political Action Committee Of Michigan Ii generated $497.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $373.3k during the year ending 12/2023. While expenses have increased by 11.6% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE REALTORS WITH A POLITICAL VOICE IN CARRYING OUT THEIR CIVIC RESPONSIBILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RPAC II FOCUSES ON REALTOR ISSUES AND BALLOT CAMPAIGNS IMPACTING THE INDUSTRY AND PRIVATE PROPERTY RIGHTS. RPAC II HAS HAD A SIGNIFICANT IMPACT ON STATEWIDE BALLOT PROPOSALS OVER THE YEARS, INCLUDING THE ELIMINATION OF THE MICHIGAN BUSINESS TAX (MBT), FIGHTING AGAINST INVASIVE EMINENT DOMAIN PROPOSALS, AND REPEALING A PROPOSAL TO TAX SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Frewen Member | Trustee | 1 | $0 |
Ryan Arnt Member | Trustee | 1 | $0 |
Stacey Ruwe Member | Trustee | 1 | $0 |
Randi Brandt Member | Trustee | 1 | $0 |
Charles Hoats Member | Trustee | 1 | $0 |
Adam Paarlberg Member | Trustee | 1 | $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 | $458,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $458,200 |
| Total Program Service Revenue | $0 |
| Investment income | $38,803 |
| 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 | $497,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,500 |
| 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 | $101,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,630 |
| Advertising and promotion | $0 |
| Office expenses | $2,000 |
| Information technology | $3,880 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,743 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $373,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,833,823 |
| Savings and temporary cash investments | $21,998 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,855,821 |
| Accounts payable and accrued expenses | $101,392 |
| 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 | $0 |
| Total liabilities | $101,392 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,754,429 |
| 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 | $1,855,821 |
Grants Awarded
Over the last fiscal year, Realtors Political Action Committee Of Michigan Ii has awarded $445,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMITTEE TO PROTECT INDIVIDUAL PROPERTY RIGHTS PURPOSE: REFERENDUM | $20,000 |
JUDICIAL INTEGRITY PROJECT OF MICHIGAN PURPOSE: FUNDING SUPPORT | $10,000 |
MICHIGAN DEMOCRATIC STATE CENTRAL COMMITTEE PURPOSE: FUNDING SUPPORT | $15,000 |
MICHIGAN STRONG PURPOSE: FUNDING SUPPORT | $100,000 |
REPUBLICAN STATE LEADERSHIP COMMITTEE PURPOSE: FUNDING SUPPORT | $250,000 |
VOTERS FOR TRANSPARENCY AND TERM LIMITS PURPOSE: FUNDING SUPPORT | $50,000 |