Highland Lakes Association Of Realtors

Organization Overview

Highland Lakes Association Of Realtors is located in Marble Falls, TX. The organization was established in 1976. 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 12/2021, Highland Lakes Association Of Realtors employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highland Lakes 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 12/2021, Highland Lakes Association Of Realtors generated $878.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $723.0k during the year ending 12/2021. While expenses have increased by 8.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASSIST REALTORS IN LOCATING CLIENTS AND PROPERTY THROUGH USE OF MULTIPLE LISTING SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION FURNISHED ALL REAL ESTATE RELATED SERVICES TO ALMOST 700 MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$165,786
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$165,786
Total Program Service Revenue$701,780
Investment income $10,369
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $878,133

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