Berkshire County Board Of Realtors Inc is located in Pittsfield, MA. The organization was established in 1986. 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, Berkshire County Board Of Realtors Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkshire County Board 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, Berkshire County Board Of Realtors Inc generated $220.5k 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 (3.8%) each year. All expenses for the organization totaled $234.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 8 years. 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
TRADE ASSOCIATION SERVING REAL ESTATE LICENSEES IN BERKSHIRE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSOCIATION MEMBERSHIP EXPENSES RELATED TO THE REMITTANCE OF DUES TO NATIONAL AND LOCAL ASSOCIATIONS, MAILINGS TO MEMBERS AND MEMBERSHIP MEETING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Carroll CEO | 16 | $40,974 | |
Mark Mcilquham President | OfficerTrustee | 1 | $0 |
Nicholas Geranios Treas/sec | OfficerTrustee | 1 | $0 |
Jason Nocher President Elect | OfficerTrustee | 1 | $0 |
Suzanne Crerar Vice President | OfficerTrustee | 1 | $0 |
Eric Steuernagle Past President | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $207,249 |
Investment income | $7,212 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$17,861 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $220,538 |
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. | $40,974 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $37,635 |
Pension plan accruals and contributions | $1,859 |
Other employee benefits | $12,780 |
Payroll taxes | $5,984 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,234 |
Fees for services: Other | $381 |
Advertising and promotion | $0 |
Office expenses | $3,854 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,541 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,656 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $707 |
Insurance | $2,982 |
All other expenses | $25,797 |
Total functional expenses | $234,933 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $179,270 |
Savings and temporary cash investments | $6,803 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $60 |
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 | $312 |
Net Land, buildings, and equipment | $1,542 |
Investments—publicly traded securities | $203,899 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $44,070 |
Total assets | $435,956 |
Accounts payable and accrued expenses | $4,512 |
Grants payable | $0 |
Deferred revenue | $134,512 |
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 | $22,090 |
Total liabilities | $161,114 |
Net assets without donor restrictions | $274,842 |
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 | $0 |
Total liabilities and net assets/fund balances | $435,956 |