Greenwich Association Of Realtors Inc
- Assets
- $1.1m
- Revenue
- $370.7k
- Investments
- $2.0k
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 10/1968
- Data as of
- 12/2021
- EIN
- 06-0699086
Organization Overview
Greenwich Association Of Realtors Inc is located in Greenwich, CT. The organization was established in 1968. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & 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. Greenwich 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 12/2021, Greenwich Association Of Realtors Inc generated $370.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $267.6k during the year ending 12/2021. 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 PRACTICE OF REAL ESTATE; TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION; TO FURTHER THE INTERESTS OF HOMEOWNERS AND PROPERTY OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF INTEREST IN REAL ESTATE OWNERSHIP AND IMPROVEMENT OF EXISTING CONDITIONS IN THE REAL ESTATE PROFESSION THROUGH MEMBERSHIP
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Loh Executive Vice President | Officer | 6 | $0 |
John Mcatee President | Trustee | 1 | $0 |
Bryan Tunney Treasurer | Trustee | 1 | $0 |
Marie Bates Secretary | Trustee | 1 | $0 |
Joann Erb Vice President | Trustee | 1 | $0 |
Cynthia Deriemer Director | Trustee | 1 | $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 | $369,901 |
| Investment income | $848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $370,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,852 |
| Pension plan accruals and contributions | $10,628 |
| Other employee benefits | $12,199 |
| Payroll taxes | $5,296 |
| Fees for services: Management | $96,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,611 |
| Advertising and promotion | $1,000 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,771 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,330 |
| Total functional expenses | $267,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,866 |
| Savings and temporary cash investments | $614,742 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,849 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $132,859 |
| Investments—other securities | $2,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $1,091,416 |
| Accounts payable and accrued expenses | $56,403 |
| Grants payable | $0 |
| Deferred revenue | $225,959 |
| 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 | $50,453 |
| Total liabilities | $332,815 |
| 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 | $68,183 |
| Retained earnings, endowment, accumulated income, or other funds | $690,418 |
| Total liabilities and net assets/fund balances | $1,091,416 |
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