Life Mortgage And Real Estate Officers Council
- Assets
- $37.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 22-3887940
Organization Overview
Life Mortgage And Real Estate Officers Council is located in Portland, OR. The organization was established in 2004. 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. Life Mortgage And Real Estate Officers Council 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, Life Mortgage And Real Estate Officers Council generated $73.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $124.1k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 8 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
DURING 2023, LIFE MORTGAGE AND REAL ESTATE OFFICERS COUNCIL HELD MEMBER EVENTS TO DISCUSS ISSUES IMPACTING THE COMMERCIAL REAL ESTATE INDUSTRY, INCLUDING RECENTLY ENACTED, PENDING AND PROPOSED LEGISLATION AND ECONOMIC AND DEMOGRAPHIC TRENDS THAT AFFECT THE HEALTH AND VITALITY OF THE COMMERCIAL REAL ESTATE MARKET, AND TO BUILD RELATIONSHIPS ACROSS THE INDUSTRY. TWO EVENTS WERE HELD DURING THE YEAR - A MEETING AND PRESENTATION IN SAN DIEGO, CA IN FEBRUARY DURING THE MBA-CREF CONVENTION, AND THE ANNUAL CONFERENCE IN SALT LAKE CITY, UT IN OCTOBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul D Wolters Chair Part-Yr Pa Chair (part-Yr) & Director | 1 | $0 | |
Catherine Alexander Vice Chair Pa Yr), Chair (part-Yr) & Director | 1 | $0 | |
Tim Stoner Treasurer Part-Yr Vice Chair (part-Yr) & Director | 1 | $0 | |
Lynette Pineda Secretary Part-Yr Treasurer (part-Yr) & Director | 1 | $0 | |
Kevin Catlett Prog Coord Part-Yr Secretary (part-Yr) & Director | 1 | $0 | |
Lara Osterhaus Facil Coord Part-Y Prog Coord (part-Yr) & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $73,219 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,219 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $124,140 |
| Total expenses | $124,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,455 |
| Other assets | $0 |
| Total assets | $37,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,455 |