Duncan Association Of Realtors Inc
- Assets
- $190.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duncan, OK
- Founding
- 12/1971
- Data as of
- 12/2022
- EIN
- 23-7164684
Organization Overview
Duncan Association Of Realtors Inc is located in Duncan, OK. The organization was established in 1971. 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. Duncan Association 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, Duncan Association Of Realtors Inc generated $139.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $107.1k during the year ending 12/2022. While expenses have increased by 1.3% 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
2022
Describe the Organization's Program Activity:
Part 3
SEE STATEMENT 6A. ANNUAL BANQUET AND MONTHLY LUNCHEONS; INSTALLATION OF OFFICERS, PROVIDE MEMBERS INFORMATION ON CURRENT REAL ESTATE TRENDS, LOANS, ETC.; SERVE AS INFORMATION CENTER FOR NEW RESIDENTS MOVING INTO TOWN; SERVES AS NEGOTIATING AGENT IN DISPUTES BETWEEN MEMBERS.B. EDUCATION: HELD INFORMATIVE TRAINING SESSIONS AT MONTHLY LUNCHEONS COVERING TOPICS SUCH AS REAL ESTATE COMMISSION REQUIREMENTS, ETC. ALSO HELD CONTINUING EDUCATION CLASSES FOR REALTORS AND NON-REALTOR AGENTS IN STEPHENS AND JEFFERSON COUNTIES.C. MULTIPLE LISTING SERVICE: COORDINATE ACTIVITIES ON CENTRAL COMPUTER LISTING SERVICE AND PROVIDE QUARTERLY SOLD INFORMATION AND MONTHLY BOOKS OF CURRENT LISTINGS TO ALL MLS MEMBERS.
SEE STATEMENT 6A. ANNUAL BANQUET AND MONTHLY LUNCHEONS; INSTALLATION OF OFFICERS, PROVIDE MEMBERS INFORMATION ON CURRENT REAL ESTATE TRENDS, LOANS, ETC.; SERVE AS INFORMATION CENTER FOR NEW RESIDENTS MOVING INTO TOWN; SERVES AS NEGOTIATING AGENT IN DISPUTES BETWEEN MEMBERS.B. EDUCATION: HELD INFORMATIVE TRAINING SESSIONS AT MONTHLY LUNCHEONS COVERING TOPICS SUCH AS REAL ESTATE COMMISSION REQUIREMENTS, ETC. ALSO HELD CONTINUING EDUCATION CLASSES FOR REALTORS AND NON-REALTOR AGENTS IN STEPHENS AND JEFFERSON COUNTIES.C. MULTIPLE LISTING SERVICE: COORDINATE ACTIVITIES ON CENTRAL COMPUTER LISTING SERVICE AND PROVIDE QUARTERLY SOLD INFORMATION AND MONTHLY BOOKS OF CURRENT LISTINGS TO ALL MLS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alysa Fritts Vice President | 0 | $0 | |
Bryan Fisher President | 0 | $0 | |
Connie Gowan Secretary Treasurer-Elect | 0 | $0 | |
Andi Scifres Secretary Treasurer | 0 | $0 | |
Adrianne Arrington President - Elect | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $99,178 |
| Membership dues | $41,309 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,772 |
| Other Revenue | $3,116 |
| Total Revenue | $139,837 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,927 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,713 |
| Total expenses | $107,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,032 |
| Other assets | $0 |
| Total assets | $190,939 |
| Total liabilities | $66,449 |
| Net assets or fund balances | $124,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hatcher At Scyene Title Holding Company Dallas, TX | $71,672 | $12,767,450 |
Colorado Association Of Realtors Englewood, CO | $10,089,792 | $6,585,264 |
L&b Depp Inc Dallas, TX | $29,133,648 | -$258,980 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Austin Board Of Realtors Austin, TX | $23,987,418 | $7,307,676 |
Kansas City Regional Association Of Realtors Inc Leawood, KS | $26,272,975 | $5,840,290 |
Herzstein Investments Inc Houston, TX | $72,075,670 | $3,886,647 |
Metrotex Association Of Realtors Inc Grapevine, TX | $35,512,350 | $5,907,473 |
Erf Real Estate Inc Corpus Christi, TX | $22,832,259 | $2,950,067 |
Rosedale Office Building Inc Fort Worth, TX | $32,377,565 | $10,485,667 |
Denver Metro Association Of Realtors Denver, CO | $6,496,632 | $3,131,809 |
Tac East Holdings Company No 1 New Boston, TX | $4,113,003 | $2,099,056 |