Association Of Real Estate Owned Managers

Organization Overview

Association Of Real Estate Owned Managers is located in Pensacola, FL. The organization was established in 1988. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Real Estate Owned Managers 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, Association Of Real Estate Owned Managers generated $376.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $358.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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

THE ORGANIZATION IS DEDICATED TO EDUCATING THE LENDING AND REAL ESTATE COMMUNITY IN THE AREAS OF ASSET MANAGEMENT AND LOSS MITIGATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Joe Cutrona
Director
$0
Thomas Anselmo
Treasurer
$0
Bert Haboucha
Director
$0
Donna Laporte
Advocacy Co
$0
Mark Paniccia
President
$0
Andrew Oliverson
Vice Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$287
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$287
Total Program Service Revenue$376,049
Investment income $50
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 $376,386

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