Valley Association Of Realtors Inc is located in Derby, CT. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Valley 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, Valley Association Of Realtors Inc generated $126.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $105.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDES EDUCATIONAL PROGRAMS, CONFERENCES AND SPECIAL ACTIVITIES FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Gagliardo President | 2 | $0 | |
Wayne Chmura Past Preside | 1 | $0 | |
Mark Fagen President El | 1 | $0 | |
Nick Lazar Director | 1 | $0 | |
Ed Nieves Treasurer | 2 | $0 | |
Connie Steeves Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $530 |
Total Program Service Revenue | $23,257 |
Membership dues | $98,666 |
Investment income | $244 |
Gain or Loss | -$946 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,475 |
Total Revenue | $126,226 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $51,213 |
Professional fees and other payments to independent contractors | $5,825 |
Occupancy, rent, utilities, and maintenance | $7,254 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $40,770 |
Total expenses | $105,062 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $185,606 |
Other assets | $0 |
Total assets | $188,437 |
Total liabilities | $56,315 |
Net assets or fund balances | $132,122 |
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