Mid-Coast Board Of Realtors
- Assets
- $123.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, ME
- Founding
- 10/1989
- Data as of
- 12/2022
- EIN
- 01-0403851
Organization Overview
Mid-Coast Board Of Realtors is located in Camden, ME. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Coast 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, Mid-Coast Board Of Realtors generated $143.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $123.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTES PROFESSIONALISM AND PROVIDES EDUCATION TO KEEP MEMBERS INFORMED OF IMPORTANT ISSUES AFFECTING REAL ESTATE PROFESSIONALS. PROTECT PRIVATE PROPERTY RIGHTS, SMALL BUSINESS INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Johanson Association Executive | 40 | $44,337 | |
Laura Pellerano Treasurer | 0.5 | $0 | |
Russell Wolfertz Jr Member | 0.25 | $0 | |
Victoria Condon Member | 0.25 | $0 | |
Jamie Macnair President-Elect | 0.25 | $0 | |
Ashley Messner President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,222 |
| Total Program Service Revenue | $39,504 |
| Membership dues | $85,763 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,337 |
| Professional fees and other payments to independent contractors | $9,984 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $47,157 |
| Total expenses | $123,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,238 |
| Other assets | $0 |
| Total assets | $123,238 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,238 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Star Island Corporation Portsmouth, NH | $13,251,365 | $4,288,283 |
Whittier Falls Inc Dover, NH | $3,402,140 | $639,742 |
Psh Properties Ii Bangor, ME | $2,999,140 | $936,748 |
Lakes Region Board Of Realtors Inc Laconia, NH | $899,581 | $663,225 |
Greater Manchester Nashua Board Of Realtors Inc Bedford, NH | $857,996 | $628,487 |
Area Agency Properties Inc Nashua, NH | $2,229,986 | $523,844 |
Local 861 Employer Container Royalty Trust Portland, ME | $251,094 | $479,000 |
Portland Board Of Realtors Portland, ME | $1,333,467 | $359,406 |
Central Maine Real Estate Management Corp Lewiston, ME | $1,493,445 | $27,510 |
Nwgm Title Holding Company Llc Manchester, NH | $2,371,199 | $416,438 |
Granite State South Board Of Realtors Inc Londonderry, NH | $729,154 | $262,643 |
Mountains To Shore Board Of Realtor Camden, ME | $313,213 | $234,753 |