Las Cruces Association Of Realtors Inc is located in Las Cruces, NM. The organization was established in 1998. 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 12/2021, Las Cruces Association Of Realtors Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Las Cruces 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 12/2021, Las Cruces Association Of Realtors Inc generated $308.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $249.8k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT ACTIVITIES TO LOCAL REAL ESTATE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF MEMBERS REGARDING LAW CHANGES; MONTHLY NEWSLETTER; EQUAL OPPORTUNITY IN HOUSING; REALTORS CODE OF ETHICS; ARBITRATION AND MEDIATIONS SERVICES; EDUCATIONAL SEMINARS; PUBLIC RELATIONS PROGRAMS; STATISTICAL INFORMATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erica M Mosher Executive Di | Officer | 40 | $26,567 |
Crystal Mccaslin Director | Trustee | $0 | |
Sarah Malufau Director | Trustee | $0 | |
Nicole Hollenbeck Director | Trustee | $0 | |
Lisa Tillery Director | Trustee | $0 | |
Janet Patterson Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $154,175 |
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 | $154,175 |
Total Program Service Revenue | $95,111 |
Investment income | $24,665 |
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 | $308,386 |
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. | $26,567 |
Compensation of current officers, directors, key employees. | $26,567 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $44,159 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,694 |
Fees for services: Management | $1,167 |
Fees for services: Legal | $758 |
Fees for services: Accounting | $12,402 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $69,364 |
Advertising and promotion | $40 |
Office expenses | $9,295 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,053 |
Travel | $12,679 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,378 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,586 |
Insurance | $13,341 |
All other expenses | $5,600 |
Total functional expenses | $249,792 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $355,844 |
Savings and temporary cash investments | $620,436 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $67,260 |
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 | $127,692 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $26,650 |
Intangible assets | $0 |
Other assets | $292 |
Total assets | $1,198,174 |
Accounts payable and accrued expenses | $926 |
Grants payable | $0 |
Deferred revenue | $293,527 |
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 | $358,530 |
Total liabilities | $652,983 |
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 | $3,516 |
Retained earnings, endowment, accumulated income, or other funds | $541,675 |
Total liabilities and net assets/fund balances | $1,198,174 |
Organization Name | Assets | Revenue |
---|---|---|
Hatcher At Scyene Title Holding Company Dallas, TX | $71,672 | $12,767,450 |
Colorado Association Of Realtors Englewood, CO | $10,089,792 | $6,585,264 |
L&b Depp Inc Dallas, TX | $29,133,648 | -$258,980 |
Austin Board Of Realtors Austin, TX | $23,987,418 | $7,307,676 |
Herzstein Investments Inc Houston, TX | $72,075,670 | $3,886,647 |
Tmc Holdings Inc Tucson, AZ | $68,218,396 | $6,472,503 |
Metrotex Association Of Realtors Inc Grapevine, TX | $35,512,350 | $5,907,473 |
Erf Real Estate Inc Corpus Christi, TX | $22,832,259 | $2,950,067 |
Tucson Association Of Realtors Inc Tucson, AZ | $7,118,539 | $3,342,875 |
Rosedale Office Building Inc Fort Worth, TX | $32,377,565 | $10,485,667 |
Denver Metro Association Of Realtors Denver, CO | $6,496,632 | $3,131,809 |
Tac East Holdings Company No 1 New Boston, TX | $4,113,003 | $2,099,056 |