Newtown Board Of Realtors Inc is located in Newtown, CT. The organization was established in 1978. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newtown 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, Newtown Board Of Realtors Inc generated $75.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $63.4k during the year ending 12/2022. While expenses have increased by 4.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONDUCTED MEETINGS AND SEMINARS FOR EDUCATION OF MEMBERS AND PROVIDED OTHER INFORMATIONAL SERVICES TO MEMBERS AND THE GENERAL PUBLIC.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Stark President | 2 | $0 | |
Robert Morey Vice President | 2 | $0 | |
Kathy Hamilton Treasurer | 2 | $0 | |
David Landau Secretary | 2 | $0 | |
Connie Widmann Director | 0.5 | $0 | |
Liz Newnham Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,185 |
| Investment income | $358 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,818 |
| Total Revenue | $75,361 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,994 |
| Total expenses | $63,364 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,069 |
| Other assets | $0 |
| Total assets | $229,416 |
| Total liabilities | $2,360 |
| Net assets or fund balances | $227,056 |