Realtor Association Of Northwestern Illinois Inc
- Assets
- $0.0
- Revenue
- $216.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Freeport, IL
- Founding
- 11/1988
- Data as of
- 12/2021
- EIN
- 36-3581406
Organization Overview
Realtor Association Of Northwestern Illinois Inc is located in Freeport, IL. The organization was established in 1988. 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. Realtor Association Of Northwestern Illinois 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 12/2021, Realtor Association Of Northwestern Illinois Inc generated $216.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $122.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE SERVICES TO OUR MEMBERS THAT WILL PROMOTE ETHICAL AND PROFESSIONAL STANDARDS, IN ORDER TO BETTER SERVE THE PUBLIC IN REAL ESTATE TRANSACTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION COLLECTS DUES FROM ITS MEMBERS WHICH ARE USED TO PROMOTE AND MAINTAIN THE CREDIBILITY OF THE REAL ESTATE PROFESSION BY MONITORING ETHICAL STANDARDS OF REAL ESTATE AGENTS IN THE ILLINOIS COUNTIES OF STEPHENSON, JO DAVIESS, OGLE AND CARROLL AND TO PROMOTE BUSINESS AND COMMUNITY DEVELOPMENT.
THE ASSOCIATION ORGANIZES CONTINUING EDUCATION SEMINARS AND CLASSES FOR ITS MEMBERS TO ASSIST THEM IN COMPLETING 12 HOURS OF CONTINUING EDUCATION ANNUALLY.
THE ASSOCIATION COLLECTS DONATIONS FROM ITS MEMBERS TO DISTRIBUTE TO CHILDREN IN NEED IN THE COMMUNITY. THE PURPOSE OF THE PROGRAM IS TO ASSIST INDIGENT CHILDREN AND TO PROMOTE COMMUNITY INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginger Sreenan Executive Of | Officer | 20 | $8,750 |
Sue Altensey Director | Trustee | 1 | $0 |
Amy Barnes Secretary | OfficerTrustee | 4 | $0 |
Conor M Brown CEO | OfficerTrustee | 20 | $0 |
Jackie Debes President | OfficerTrustee | 4 | $0 |
Tom Grimes Director | Trustee | 1 | $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 | $3,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,300 |
| Total Program Service Revenue | $107,565 |
| Investment income | $292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $105,159 |
| Net Income from Fundraising Events | $388 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $216,704 |
| 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. | $8,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,056 |
| Fees for services: Accounting | $6,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,050 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,645 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,811 |
| Insurance | $0 |
| All other expenses | $1,681 |
| Total functional expenses | $122,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |