Seattle-King County Association Of Realtors

Organization Overview

Seattle-King County Association Of Realtors is located in Bellevue, WA. The organization was established in 1928. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Seattle-King County Association Of Realtors employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle-King County 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 12/2023, Seattle-King County Association Of Realtors generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO UNITE THE REAL ESTATE INDUSTRY THROUGH EDUCATION AND RESEARCH, TO UNITE THOSE ENGAGED IN THE REAL ESTATE BUSINESS AND TO PROMOTE AND PROTECT THE INTEREST OF ITS MEMBERS AND OF OTHERS ENGAGED IN REAL ESTATE TRANSACTIONS AND MANAGEMENT. TO PROVIDE EDUCATION FACILITIES IN REAL ESTATE FOR ITS MEMBERS AND WHEN PRACTICABLE FOR OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION PROVIDED EDUCATION, NEWSLETTERS, INFORMATION SERVICES, AND SPONSORED MEETINGS TO FURTHER PROFESSIONAL STANDARDS AND PROMOTE GOOD FAITH AND FAIR DEALING IN REAL ESTATE AMONG ITS OVER 6,900 MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Sharon O'mahony
President
$12,000
Michael Orbino
President - Elect
$3,500
Rachel Mehmedagic
Past President
$0
Michele Hunt
VP Gov. & Public Affairs
$0
Gina Madeya
Vp-Elect Gov. & Public Affairs
$0
Cheyenne Gilooly
VP Business Practices
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erwin Pace Jr
Housing Specialist
$132,850
Bannecker & Associates
Housing Specialist
$182,936
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,603,193
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$1,603,193
Total Program Service Revenue$588,542
Investment income $51,820
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $36,084
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 $2,279,639

Grants Awarded

Over the last fiscal year, Seattle-King County Association Of Realtors has awarded $20,000 in support to 2 organizations.

Grant RecipientAmount

REALTOR RELIEF FOUNDATION

PURPOSE: TO SUPPORT MISSION OF PROVIDING HOUSING-RELATED ASSISTANCE TO VICTIMS OF DISASTERS.

$10,000

HUMBLE DESIGN INC

PURPOSE: DONATION TO SUPPORT MISSION TO END HOMELESSNESS.

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Cascade Housing Association
Springfield, OR
$13,546,966
Oregon Association Of Realtors
Salem, OR
$5,015,321
Metro Multifamily Housing Association
Tigard, OR
$2,561,856
Seattle-King County Association Of Realtors
Bellevue, WA
$2,279,639
Lasa
Lakewood, WA
$2,034,576
Rental Housing Association Of Puget Sound
Seattle, WA
$1,824,011
Spokane Home Builders Association
Spokane Valley, WA
$1,145,698
Home Builders Association Of Tri Cities Washington
Kennewick, WA
$964,012
Home Builders Association Of Marion & Polk Counties
Salem, OR
$1,016,065
Tacoma-Pierce County Association Of Realtors
Tacoma, WA
$766,049
Assisted Housing Management Association Of Washington
Olympia, WA
$496,905
North Central Washington Association Of Realtors
Wenatchee, WA
$439,423
Kitsap Building Association
Bremerton, WA
$487,172
University Congregational Housing Association
Seattle, WA
$0
Whatcom County Association Of Realtors
Bellingham, WA
$322,599
Sigma Tau Of Kappa Delta Housing Association
Veradale, WA
$471,277
North Puget Sound Association Of Realtors
Burlington, WA
$317,649
Olympia-Thurston County Association Of Realtors
Olympia, WA
$279,122
Yakima Association Of Realtors
Yakima, WA
$307,871
Western Oregon Builders Association
Eugene, OR
$297,628
East Metro Association Of Realtors
Gresham, OR
$266,095
Commerical Association Of Brokers
Hillsboro, OR
$252,684
Legion Housing Association
Oroville, WA
$0
North Peninsula Home Builders Association
Sequim, WA
$211,079
Oregon Ccim Chapter Of The Realtors National Marketing Institute
Portland, OR
$0

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