Carolinas Real Estate Investors Association Inc
- Assets
- $139.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 08/1998
- Data as of
- 08/2022
- EIN
- 31-1592680
Organization Overview
Carolinas Real Estate Investors Association Inc is located in Asheville, NC. The organization was established in 1998. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & 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. Carolinas Real Estate Investors Association 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 08/2022, Carolinas Real Estate Investors Association Inc generated $110.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $125.9k during the year ending 08/2022. While expenses have increased by 15.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Hager President | 10 | $0 | |
Carla Parvin Interim Vice President | 10 | $0 | |
Ryan Logan Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,335 |
| Membership dues | $54,647 |
| Investment income | $6,209 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,191 |
| 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 | $4,022 |
| Occupancy, rent, utilities, and maintenance | $30,289 |
| Printing, publications, postage, and shipping | $17,065 |
| Other expenses | $74,536 |
| Total expenses | $125,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,741 |
| Other assets | $0 |
| Total assets | $139,770 |
| Total liabilities | $619 |
| Net assets or fund balances | $139,151 |