Pennsylvania Association Of Realtors is located in Lemoyne, PA. The organization was established in 1942. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Pennsylvania Association Of Realtors employed 42 individuals. This organization is the central organization for a national or regional group of organizations. Pennsylvania Association Of Realtors 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, Pennsylvania Association Of Realtors generated $8.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $8.3m during the year ending 12/2022. While expenses have increased by 7.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT PRIVATE PROPERTY RIGHTS, FACILITATE A CONSISTENT AND RELIABLE MARKETPLACE, AND PROMOTE PROFESSIONAL, ETHICAL AND PROFITABLE PRACTICE OF REAL ESTATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, CONVENTION, & CONFERENCES:BUSINESS MEETINGS - THREE TIMES YEARLY TO RUN THE ORGANIZATION. APPROX 350 MEMBERS EACH MEETING.ANNUAL CONVENTION - EDUCATION PROGRAMS AND TRADE SHOW. APPROX 1,500 MEMBERS.CONFERENCES - SEVERAL SEMINARS AND CONFERENCES THROUGHOUT THE YEAR. APPROX 300 ATTENDEES.
DATA MINING - OBTAIN INFO TO BETTER UNDERSTAND THE MEMBERS AND FACTORS AFFECTING THE MEMBERS' PRACTICE IN REAL ESTATE.
LEGAL HOTLINE:APPROXIMATELY 6,700 CALL INS FOR THIS SERVICE TO ASSIST MEMBERS WITH LEGAL ISSUES SURROUNDING THE PRACTICE OF REAL ESTATE.
LOCAL GOVERNMENT AFFAIRS ASSISTANCE:FINANCIAL & OTHER EXPERTISE ASSISTANCE TO LOCAL ASSOCIATIONS OF THE PENNSYLVANIA ASSOCIATION OF REALTORS TO PROVIDE GOVERNMENTAL AFFAIRS SERVICES TO THE ASSOCIATION'S MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Smith Adrian Member | Trustee | 1 | $0 |
Perry Albert President | Trustee | 1 | $0 |
Shnayder ESQ Alex Member | Trustee | 1 | $0 |
Sanchez Alexa District Vice President | Trustee | 1 | $0 |
Thompson Alexis Member | Trustee | 1 | $0 |
Katz Andelina Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,018,850 |
| Total Program Service Revenue | $6,779,615 |
| Investment income | $40,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $136,373 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,862,590 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $518,761 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,255,241 |
| Pension plan accruals and contributions | $176,451 |
| Other employee benefits | $364,758 |
| Payroll taxes | $222,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,729 |
| Advertising and promotion | $219,221 |
| Office expenses | $68,779 |
| Information technology | $269,289 |
| Royalties | $0 |
| Occupancy | $114,376 |
| Travel | $110,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $659,482 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $194,371 |
| Insurance | $60,482 |
| All other expenses | $793,145 |
| Total functional expenses | $8,256,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,595,755 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $634,351 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $50,966 |
| Net Land, buildings, and equipment | $3,267,624 |
| Investments—publicly traded securities | $5,347,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $937,331 |
| Total assets | $15,833,676 |
| Accounts payable and accrued expenses | $763,339 |
| Grants payable | $0 |
| Deferred revenue | $2,415,124 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,028 |
| Total liabilities | $3,180,491 |
| Net assets without donor restrictions | $11,377,995 |
| Net assets with donor restrictions | $1,275,190 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,833,676 |