Greater Hartford Association Of Realtors
- Assets
- $6.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Hartford, CT
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 06-0685915
Organization Overview
Greater Hartford Association Of Realtors is located in Hartford, CT. The organization was established in 1968. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Greater Hartford Association Of Realtors employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Hartford 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 12/2021, Greater Hartford Association Of Realtors generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION PROVIDES SERVICES TO REALTORS IN THE CENTRAL CONNECTICUT AREA. MEMBERS ARE OFFERED BOOKS, BULLETINS, PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION, SUPPLIES, AND OTHER TYPES OF SUPPORTING SERVICES, INCLUDING USE OF TECHNOLOGY PRODUCTS, LEGAL FORMS AND CONTRACT SOFTWARE FOR REAL ESTATE TRANSACTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Callanan CEO | Officer | 40 | $158,873 |
Sharon O'brien President | OfficerTrustee | 5 | $0 |
Lucas Nash First Vice P | OfficerTrustee | 5 | $0 |
Suzie Larson Vice Preside | OfficerTrustee | 5 | $0 |
Bill Arzt Jr President | OfficerTrustee | 5 | $0 |
Vickie Allen Director | Trustee | 4 | $0 |
Financial Statements
| 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 | $2,571,347 |
| Investment income | $25,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,363 |
| Net Gain/Loss on Asset Sales | $46,835 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,213 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,757,367 |
| 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 | $872,409 |
| Pension plan accruals and contributions | $85,283 |
| Other employee benefits | $0 |
| Payroll taxes | $66,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,831 |
| Fees for services: Accounting | $18,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,938 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,680 |
| Information technology | $34,498 |
| Royalties | $0 |
| Occupancy | $135,965 |
| Travel | $1,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,339 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,328 |
| Insurance | $43,597 |
| All other expenses | $204,754 |
| Total functional expenses | $2,394,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,088,292 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,334 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,604 |
| Prepaid expenses and deferred charges | $166,956 |
| Net Land, buildings, and equipment | $171,210 |
| Investments—publicly traded securities | $2,111,434 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,819,582 |
| Total assets | $6,459,412 |
| Accounts payable and accrued expenses | $342,804 |
| Grants payable | $0 |
| Deferred revenue | $921,150 |
| 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 | $0 |
| Total liabilities | $1,263,954 |
| Net assets without donor restrictions | $5,195,458 |
| 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 | $6,459,412 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Hartford Association Of Realtors has recieved totaling $6,934.
| Awarding Organization | Amount |
|---|---|
Connecticut Association Of Realtors Inc East Hartford, CT PURPOSE: PARTICIPATION IN CFA PROGRAM | $6,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rent Stabilization Association Of New York City Inc New York, NY | $64,799,880 | $9,745,937 |
New York State Association Of Realtors Albany, NY | $25,815,144 | $7,489,771 |
Greater Hartford Association Of Realtors Hartford, CT | $6,459,412 | $2,757,367 |
Shore Front Council Housing Development Fund Corp New York, NY | $3,570,395 | $651,490 |
National Association Of Real Estate Investment Managers New York, NY | $1,329,824 | $1,194,908 |
Massachusetts Chapter Of The Natl Assoc Of Housing & Redevelopment O Dedham, MA | $587,227 | $1,149,244 |
Eastern Ct Assoc Of Realtors North Franklin, CT | $1,764,716 | $709,996 |
Home Builders & Remodelers Association Of Connecticut Inc South Windsor, CT | $439,004 | $574,960 |
Kateri Tekakwitha Housing Corp Auburn, MA | $2,779,479 | $344,867 |
Home Builders & Remodelers Association Of Cape Cod Inc Centerville, MA | $227,858 | $521,635 |
Home Builders & Remodelers Association Of Fairfield County Fairfield, CT | $190,109 | $320,111 |
Saratoga Springs Association Inc Saratoga Springs, NY | $76,203 | $269,268 |