Scottsdale Area Association Of Realtors
- Assets
- $11.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Scottsdale, AZ
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 86-0194087
Organization Overview
Scottsdale Area Association Of Realtors is located in Scottsdale, AZ. The organization was established in 1965. 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. As of 12/2021, Scottsdale Area Association Of Realtors employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scottsdale Area 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, Scottsdale Area Association Of Realtors generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.2m 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
OUR MISSION IS DEDICATED TO THE DEVELOPMENT AND SUCCESS OF REAL ESTATE PROFESSIONALS WHO EMBODY THE HIGHEST STANDARD OF PRACTICE AND LEADERSHIP IN SERVICE TO THEIR CLIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT: MEMBERS OF OUR ASSOCIATION ARE ACTIVE IN MANY AREAS THROUGHOUT OUR CITY INCLUDING A WIDE VARIETY OF VOLUNTARY BOARDS, COMMISSIONS, CHARITY FOUNDATIONS AND ALSO DEVOTE THOUSANDS OF HOURS TO HELP ENHANCE THE QUALITY OF LIFE IN SCOTTSDALE. IN ADDITION, WE ARE A MAJOR INVESTOR IN THE CITY'S ECONOMIC DEVELOPMENT PROGRAM DESIGNED TO RECRUIT AND RETAIN EMPLOYERS TO THE VALLEY.
COMMUNITY SERVICE AND ADVOCACY: SHARING KNOWLEDGE AND INVOLVEMENT IN HOUSING ISSUES WITH PUBLIC OFFICIALS HELPING MEMBERS ENGAGE IN THE COMMUNITY THROUGH ACTIVITIES SUPPORTED BY THE ASSOCIATION BEING LEADERS IN CIVIC IMPROVEMENT.
EDUCATION AND PROFESSIONAL DEVELOPMENT: GIVING MEMBERS ACCESS TO QUALITY EDUCATION ENHANCING THEIR ABILITY TO SERVE THE PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Grossman Secretary/ce | Officer | 4 | $218,845 |
Michael Gant Treasurer | OfficerTrustee | 4 | $0 |
Louis Mccall Immed Past P | OfficerTrustee | 4 | $0 |
Sandy Lunsford President | OfficerTrustee | 4 | $0 |
Chris Nace President-El | OfficerTrustee | 4 | $0 |
Peggy Neely Vice Preside | OfficerTrustee | 4 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,084,509 |
| Investment income | $118,520 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$109,660 |
| Net Gain/Loss on Asset Sales | $14,135 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,831 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,586,672 |
| 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. | $218,845 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $680,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,676 |
| Payroll taxes | $69,607 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,768 |
| Fees for services: Accounting | $21,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,917 |
| Advertising and promotion | $7,847 |
| Office expenses | $45,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,054 |
| Interest | $186,534 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $242,832 |
| Insurance | $15,216 |
| All other expenses | $196,970 |
| Total functional expenses | $2,232,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,367,984 |
| Savings and temporary cash investments | $26,340 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,815 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,062 |
| Prepaid expenses and deferred charges | $39,532 |
| Net Land, buildings, and equipment | $9,420,272 |
| Investments—publicly traded securities | $452,662 |
| Investments—other securities | $0 |
| Investments—program-related | $1,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,332,667 |
| Accounts payable and accrued expenses | $79,122 |
| Grants payable | $0 |
| Deferred revenue | $1,093,926 |
| 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 | $5,666,342 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,555 |
| Total liabilities | $6,893,945 |
| Net assets without donor restrictions | $4,438,722 |
| 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 | $11,332,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Scottsdale Area Association Of Realtors has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Arizona Realtors Foundation For Housing And Community Outreach Phoenix, AZ PURPOSE: FOR COMMUNITY PROJECT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Park City Area Chamber Of Commerce Convention & Visitors Buerau Park City, UT | $9,039,229 | $12,386,201 |
Denver Metro Chamber Of Commerce Denver, CO | $24,074,791 | $9,796,835 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |
Arizona Association Of Realtors Phoenix, AZ | $41,549,602 | $11,298,614 |
Los Angeles Area Chamber Of Commerce Los Angeles, CA | $7,562,162 | $6,083,780 |
Sacramento Convention And Visitors Bureau Sacramento, CA | $12,491,564 | $12,454,571 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |