Northern Illinois Commercial Association Of Realtors
- Assets
- $99.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 09/1996
- Data as of
- 12/2022
- EIN
- 37-1341773
Organization Overview
Northern Illinois Commercial Association Of Realtors is located in Northbrook, IL. The organization was established in 1996. 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. Northern Illinois Commercial 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 12/2022, Northern Illinois Commercial Association Of Realtors generated $151.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $141.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND MAINTAIN ETHICAL CODES AMONG REALTORS. TO PROMOTE AND FOSTER EDUCATIONAL PROGRAMS TO AID MEMEBERS.
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SEMINARS PROVIDING CONTINUING EDUCATION TO MEMBERS
MONTHLY MEETINGS TO DISCUSS CHANGES IN THE INDUSTRY
PUBLICATION OF NEWSLETTER AND MEMBERSHIP LISTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Bennett Director | 1 | $0 | |
Anna Dobreva Granat Director | 1 | $0 | |
Dan J Dolan Director | 1 | $0 | |
Carol Fisher Director | 1 | $0 | |
Barbara Maring Director | 1 | $0 | |
Rebekah Carlson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,320 |
| Membership dues | $68,082 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,404 |
| 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 | $3,420 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $137,899 |
| Total expenses | $141,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,527 |
| Other assets | $0 |
| Total assets | $98,960 |
| Total liabilities | $82,571 |
| Net assets or fund balances | $16,389 |