Utah Association Of Realtors
- Assets
- $26.2m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Sandy, UT
- Founding
- Data as of
- 12/2022
- EIN
- 87-0275654
Organization Overview
Utah Association Of Realtors is located in Sandy, UT. As of 12/2022, Utah Association Of Realtors employed 10 individuals. Utah 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 12/2022, Utah Association Of Realtors generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC & MEMBERS AWARENESS CAMPAIGN: DUE TO COMPETITIVE PRESSURE FROM MOM REALTOR ADVOCATES IN CONNECTION WITH THE SALE OF REAL ESTATE, THE UAR CONDUCTS A PUBLIC AND MEMBER AWARENESS CAMPAIGN DESIGNED TO EDUCATE ON THE VALUE OF REALTO SERVICES, PARTICULARLY TO THE SELLERS OF REAL ESTATE. THIS CAMPAIGN CONSISTS OF PERODIC RADIO, TV, BILLBOARD, AND OTHER ACTIVITIES THAT GENERAL PUBLICITY RELATING TO THE VALUE OF THESE SERVICES.
NA
UAR STATE CONVENTION: THE ANNUAL STATE CONVENTION WAS HELD IN AUGUST OF 2021, IN WHICH ATTENDEES RECEIVED UPDATES ON THE STATUS OF VARIOUS LEGISLATIVE ISSUES IMPACTING THE STATE OF THE REAL ESTATE INDUSTRY, WERE ABLE TO PARTICIPATE IN EDUCATION AND CLASSES NEEDED FOR CONTINUING EDUCATION REQUIREMETNS, AND RECEIVED TRAINING IN VARIOUS LEADERSHIP AND COMMITTEE ASSIGNMENT ACTIVITIES. IN ADDITION, EXECUTIVE COMMITTEE AND ANNUAL MEETINGS WERE HELD AND THE BUSINESS OF THE ASSOCIATION WAS TRANSACTED.
CONFERENCES, MEETINGS AND LEADERSHIP TRAINING: ASSOCIATION LEADERSHIP PARTICIPATED IN VARIOUS NATIONAL ASSOCIATION OF REALTORS MEETINGS AND TRAINING SESSIONS NEEDED TO ASSIST THE LOCAL STATE BOARDS AND ASSOCIATIONS. MEETINGS WERE HELD WITH EACH LOCAL BOARD FOR PURPOSES OF TRAINING AND LEADERSHIP DEVELOPMENTS. LEADERSHIP SEMINARES WERE ALSO HELD FOR MEMBERS WITH ASPIRATIONS OF PARTICIPATING IN LEADERSHIP POSITIONS AT BOTH THE STATE AND LOCAL BOARD LEVELS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Kyler CEO | Officer | 40 | $747,785 |
Randy Day President | OfficerTrustee | 5 | $42,000 |
Dee Amick Director | Trustee | $0 | |
Brittany Andrus Director | Trustee | $0 | |
Breezy Anson Director | Trustee | $0 | |
Stephanie Ariotti Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,516,847 |
| 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 | $4,516,847 |
| Total Program Service Revenue | $281,154 |
| Investment income | -$342,779 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $260,312 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,525 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,914,653 |
| 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. | $789,785 |
| Compensation of current officers, directors, key employees. | $789,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,371,975 |
| Pension plan accruals and contributions | $31,388 |
| Other employee benefits | $113,781 |
| Payroll taxes | $52,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,930 |
| Fees for services: Accounting | $31,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $130,162 |
| Office expenses | $102,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,057 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $541,231 |
| Interest | $4,679 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,610 |
| Insurance | $4,069 |
| All other expenses | $0 |
| Total functional expenses | $4,037,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,244,469 |
| Savings and temporary cash investments | $3,160,286 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,415 |
| 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 | $100,449 |
| Net Land, buildings, and equipment | $2,683,699 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,244,318 |
| Accounts payable and accrued expenses | $488,879 |
| Grants payable | $0 |
| Deferred revenue | $3,720,315 |
| 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 | $51,460 |
| Total liabilities | $4,260,654 |
| Net assets without donor restrictions | $21,983,664 |
| 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 | $26,244,318 |