Cortland County Board Realtors Inc is located in Cortland, NY. The organization was established in 1984. 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. Cortland County Board 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 12/2023, Cortland County Board Realtors Inc generated $149.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $136.6k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAINED AND OPERTED THE CORTLAND MULTIPLE LISTING SERVICETO ASSIST THE PARTICIPANTS IN THE SERVICE OF THEIR CLIENTS ANDHELPED TO MAINTAIN THE INTEGRITY OF THE PROFESION AT THE LOCAL LEVEL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Buchan President | 1 | $0 | |
Jason Hage President-Elect | 1 | $0 | |
Adele Fetterly Treasurer | 1 | $0 | |
Name Not Listed Executive Director | 40 | $35,025 | |
Nicki Wynn Nysar Director | 1 | $0 | |
Tracy Koenig Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,878 |
| Membership dues | $17,008 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,935 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,220 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $5,413 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,931 |
| Total expenses | $136,564 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $209,524 |
| Other assets | $0 |
| Total assets | $217,825 |
| Total liabilities | $37,030 |
| Net assets or fund balances | $180,795 |