Realtors Commercial Alliance Of Massachusetts Inc is located in Westford, MA. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Realtors Commercial Alliance Of Massachusetts 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, Realtors Commercial Alliance Of Massachusetts Inc generated $38.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $36.5k during the year ending 12/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION HAS BEEN ABLE TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION BY PROVIDING EDUCATION AND RESOURCES TO APPROXIMATELY 72 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Yorkis Immediate Past President | 4 | $0 | |
Russell Sabadosa President | 4 | $0 | |
Charity Edwards President Elect | 4 | $0 | |
Justine Snyder Director | 4 | $0 | |
Kevin Pepe Director | 4 | $0 | |
Michael Sorrentino Director | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $8,844 |
Membership dues | $29,178 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $38,022 |
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 | $20,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,954 |
Total expenses | $36,504 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,518 |
Other assets | $0 |
Total assets | $38,135 |
Total liabilities | $12,093 |
Net assets or fund balances | $26,042 |