Springfield Realtors
- Assets
- $430.9k
- Revenue
- $154.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Springfield, OR
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 91-1820614
Organization Overview
Springfield Realtors is located in Springfield, OR. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield 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, Springfield Realtors generated $154.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $140.4k during the year ending 12/2023. While expenses have increased by 24.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE ITS MEMBERS AND COMMUNITY THROUGH CONNECTION, LEARNING, ENGAGEMENT, ADVOCACY, AND RESOURCES, IN A WELCOMING AND COLLABORATIVE ENVIRONMENT. THE ACRONYM USED TO COMMUNICATE THE VALUES IS CLEAR.1)CONNECT & COMMUNICATE: CONNECT INTENTIONALLY WITH OUR MEMBERS (CURRENT & FUTURE), AND COMMUNITY FOR LOCAL, STATE, AND NATIONAL OPPORTUNITIES FOR ADVANCEMENT, ASSISTANCE, AND INVOLVEMENT WITHIN OUR INDUSTRY. 2) LEARN: PROVIDE EDUCATION TO INCREASE PROFESSIONALISM THROUGH DIVERSITY AND ETHICS TRAINING, INDUSTRY KNOWLEDGE, AND MORE, TO BRING VALUE TO OUR MEMBERS AND COMMUNITY. 3) ENGAGE: ENCOURAGE MEMBERS TO BE ACTIVELY INVOLVED IN OUR LOCAL, STATE, NATIONAL ASSOCIATIONS AND THE COMMUNITY. 4) ADVOCATE: FOR OUR COMMUNITY, OUR STATE, AND OUR COUNTRY FOR FAIR HOUSING PRIORIES AND RIGHTS FOR BOTH RESIDENTIAL AND COMMERCIAL REAL ESTATE. 5) RESOURCE: TO PROVIDE OUR MEMBERS WITH BENEFITS, AND TOOLS, SUCH AS SAFETY EDUCATION, BUSINESS RESOURCES, RISK MANAGEMENT, AND NETWORKING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FORE OUR KIDS GOLF TOURNAMENT IS TO RAISE AWARENESS AND CHARITABLE DONATIONS TO SUPPORT CHILDREN IN NEED IN OUR LOCAL COMMUNITY. FOR THE PAST FEW YEARS, WE HAVE BEEN ABLE TO RAISE FUNDS FOR BAGS OF LOVE WHICH IS A NON-PROFIT ORGANIZATION THAT PROVIDES NECESSITIES AND COMFORT ITEMS TO CHILDREN WHO ARE IN CRISIS DUE TO NEGLECT, ABUSE, POVERTY, HOMELESSNESS, OR DISASTER.
ANNUAL CHRISTMAS PARTY COLLECTED REVENUE IN THE FORM OF RAFFLE TICKET SALES, DESSERT DASH, SPONSORSHIP, AND STRAIGHT DONATION TO HELP LOCAL SPRINGFIELD SCHOOL CHILDREN IN NEED.
THE EDUCATION EXPO IS TO PROVIDE CONTINUING EDUCATION TO OUR REALTOR MEMBERS AND OTHER LANE COUNTY REALTORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lacy President | OfficerTrustee | 20 | $0 |
Joe Williams President-Elect | OfficerTrustee | 1 | $0 |
Deseray Cline Vice President | OfficerTrustee | 2 | $0 |
Matthew Harestad Treasurer | OfficerTrustee | 4 | $0 |
Daria James Association Executive | Officer | 30 | $39,252 |
Ronda Prewitt Principal Broker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $107,327 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,323 |
| Total Program Service Revenue | $65,249 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$29,041 |
| 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 | $154,310 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,356 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,060 |
| Compensation of current officers, directors, key employees. | $39,252 |
| Compensation of current officers, directors, key employees. | $39,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,210 |
| Fees for services: Accounting | $8,032 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,788 |
| Information technology | $6,110 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,974 |
| Total functional expenses | $140,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,341 |
| Savings and temporary cash investments | $26,462 |
| 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 | $0 |
| Net Land, buildings, and equipment | $357,356 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,764 |
| Other assets | $0 |
| Total assets | $430,923 |
| Accounts payable and accrued expenses | $1,688 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $270,568 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,275 |
| Total liabilities | $276,531 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $154,392 |
| Total liabilities and net assets/fund balances | $430,923 |
Grants Awarded
Over the last fiscal year, Springfield Realtors has awarded $32,180 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPRINGFIELD PUBLIC SCHOOLS PURPOSE: DONATION | $7,180 |
BAGS OF LOVE PURPOSE: DONATION | $25,000 |