Park City Board Of Realtors is located in Park City, UT. The organization was established in 2015. 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 12/2022, Park City Board Of Realtors employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park City Board 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, Park City Board Of Realtors generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 5.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE SUCCESS OF ITS MEMBERS BY PROVIDING RESOURCES, PROMOTING ETHICAL STANDARDS, INTEGRITY, PROFESSIONALISM, AND ENCOURAGING COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND PROFESSIONAL DEVELOPMENT PROGRAMS
OTHER
AWARD BANQUETS/EVENTS/OTHER
ADMINISTRATION OF MLS -- SERVING LOCAL AREA MEMBERS AND AFFILIATES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie Johnson CEO | Officer | 40 | $172,038 |
Jessica Allen Director | Trustee | 1 | $0 |
Maverick Bolger Director | Trustee | 1 | $0 |
Lynn Butterfield Mls Presiden | OfficerTrustee | 2 | $0 |
Dawn Chapman Director | Trustee | 1 | $0 |
Cameron Chin Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $444,224 |
Fundraising events | $0 |
Related organizations | $20,588 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $47,174 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $511,986 |
Total Program Service Revenue | $584,264 |
Investment income | -$6,083 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $50,387 |
Net Gain/Loss on Asset Sales | $1,144 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $708 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,142,406 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
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. | $172,038 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $299,056 |
Pension plan accruals and contributions | $7,022 |
Other employee benefits | $27,059 |
Payroll taxes | $39,244 |
Fees for services: Management | $14,221 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $30,288 |
Fees for services: Lobbying | $51,667 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $23,349 |
Fees for services: Other | $0 |
Advertising and promotion | $55,149 |
Office expenses | $23,745 |
Information technology | $49,296 |
Royalties | $0 |
Occupancy | $22,322 |
Travel | $46,122 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,335 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,658 |
Insurance | $1,755 |
All other expenses | $21,806 |
Total functional expenses | $1,119,890 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $816,928 |
Savings and temporary cash investments | $68,261 |
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 | $42,921 |
Net Land, buildings, and equipment | $744,824 |
Investments—publicly traded securities | $1,251,899 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,924,833 |
Accounts payable and accrued expenses | $218,137 |
Grants payable | $0 |
Deferred revenue | $372,085 |
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 | $590,222 |
Net assets without donor restrictions | $2,308,588 |
Net assets with donor restrictions | $26,023 |
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 | $2,924,833 |