Alaska Association Of Realtors Inc
- Assets
- $1.5m
- Revenue
- $315.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Anchorage, AK
- Founding
- 03/1978
- Data as of
- 12/2022
- EIN
- 92-0055518
Organization Overview
Alaska Association Of Realtors Inc is located in Anchorage, AK. The organization was established in 1978. 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, Alaska Association Of Realtors Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Association Of Realtors Inc 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, Alaska Association Of Realtors Inc generated $315.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $479.4k 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
EDUCATION AND PROMOTION OF REAL ESTATE INDUSTRY IN ALASKA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL STATE CONVENTION
VARIOUS EDUCATIONAL COURSES
LEADERSHIP CONFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Bagley President | OfficerTrustee | $0 | |
Rylieh Bodyfelt Director | Trustee | $0 | |
Larry Burke Past Preside | Trustee | $0 | |
Hunter Burton Director | Trustee | $0 | |
Paddy Coan Director | Trustee | $0 | |
Cheyenne Gilman-Burke Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $367,827 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $370,436 |
| Total Program Service Revenue | $55,951 |
| Investment income | $12,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,650 |
| Net Gain/Loss on Asset Sales | -$119,053 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $315,561 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,030 |
| Fees for services: Accounting | $21,600 |
| Fees for services: Lobbying | $21,593 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,218 |
| Office expenses | $9,490 |
| Information technology | $6,589 |
| Royalties | $0 |
| Occupancy | $4,457 |
| Travel | $71,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,182 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,685 |
| Insurance | $551 |
| All other expenses | $21,193 |
| Total functional expenses | $479,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $672,212 |
| Savings and temporary cash investments | $528,856 |
| 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 | $57,062 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $252,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,510,573 |
| Accounts payable and accrued expenses | $17,738 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,512 |
| Total liabilities | $19,250 |
| 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 | $1,491,323 |
| Total liabilities and net assets/fund balances | $1,510,573 |