Quincy Association Of Realtors Incorporated
- Assets
- $146.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, IL
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 37-0794764
Organization Overview
Quincy Association Of Realtors Incorporated is located in Quincy, IL. The organization was established in 1964. 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. Quincy Association Of Realtors Incorporated 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 12/2023, Quincy Association Of Realtors Incorporated generated $106.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $141.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES A NETWORK OF INFORMATION THAT BENEFITS THE APPROXIMATE 200 MEMBERS THAT THEY SERVE. THE ASSOCIATION PROVIDES GRIEVANCE HEARINGS AND INFORMATION FROM THE NATIONAL ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridgett Zanger Vice Preside | 0.25 | $0 | |
Carol Shaffer President | 0.25 | $0 | |
Diana Bockenfeld Director | 0.25 | $0 | |
Hope Audet-Williams Director | 0.25 | $0 | |
Greg Zanger Treasurer | 0.25 | $0 | |
Jay Walton CEO | 40 | $71,793 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,103 |
| Membership dues | $54,009 |
| Investment income | $758 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,512 |
| Total Revenue | $106,382 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,532 |
| Professional fees and other payments to independent contractors | $4,273 |
| Occupancy, rent, utilities, and maintenance | $15,368 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,919 |
| Total expenses | $141,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,063 |
| Other assets | $0 |
| Total assets | $146,462 |
| Total liabilities | $15,523 |
| Net assets or fund balances | $130,939 |