New Hampshire Association Of Realtors is located in Concord, NH. The organization was established in 1945. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, New Hampshire Association Of Realtors employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hampshire 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, New Hampshire Association Of Realtors generated $2.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 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
PROMOTE AND MAINTAIN HIGH STANDARDS IN IN THE REAL ESTATE PROFESSSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST MEMBERS IN THE CONDUCT OF THEIR REAL ESTATE BUSINESS AND PROMOTE ETHICAL VALUES IN THE REAL ESTATE PROFESSION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quinn Robert Secretary | OfficerTrustee | 40 | $151,002 |
Lee Jim Director | Trustee | 2 | $2 |
Gaudet Adam Presidennt | Trustee | 2 | $0 |
Destefano Alan Treasurer | Trustee | 5 | $0 |
Hale Austin Director | Trustee | 2 | $0 |
Cushing Ben President | Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,726,476 |
| 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 | $1,726,476 |
| Total Program Service Revenue | $205,488 |
| Investment income | $124,182 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $364,967 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,421,113 |
| 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 | $428,129 |
| Pension plan accruals and contributions | $19,119 |
| Other employee benefits | $109,796 |
| Payroll taxes | $31,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,458 |
| Fees for services: Accounting | $13,557 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,538 |
| Fees for services: Other | $0 |
| Advertising and promotion | $164,665 |
| Office expenses | $195,700 |
| Information technology | $3,044 |
| Royalties | $0 |
| Occupancy | $129,059 |
| Travel | $62,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,593 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,258 |
| Insurance | $1,323 |
| All other expenses | $107,708 |
| Total functional expenses | $1,772,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $964,281 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $254,394 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,153 |
| Net Land, buildings, and equipment | $6,637 |
| Investments—publicly traded securities | $3,592,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,669 |
| Total assets | $4,952,810 |
| Accounts payable and accrued expenses | $56,121 |
| Grants payable | $0 |
| Deferred revenue | $867,068 |
| 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 | $230,906 |
| Total liabilities | $1,154,095 |
| Net assets without donor restrictions | $3,611,911 |
| Net assets with donor restrictions | $186,804 |
| 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 | $4,952,810 |