Bay County Realtor Association

Organization Overview

Bay County Realtor Association is located in Bay City, MI. The organization was established in 1979. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Bay County Realtor Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay County Realtor Association 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 09/2021, Bay County Realtor Association generated $260.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $246.4k during the year ending 09/2021. While expenses have increased by 8.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE REAL ESTATE BUSINESS IN BAY COUNTY, MICHIGAN AND TO EDUCATE ITS REALTOR MEMBERS IN THE LAW AND BUSINESS ETHICS OF TRANSACTING REAL PROPERTY SALES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION PROGRAMS AND MEETINGS PROVIDE UPDATES AND INFORMATION FOR MEMBERS IN THE CONDUCT OF THEIR BUSINESSES THE MULTIPLE LISTING SERVICE PROVIDES INFORMATION TO THE PUBLIC REGARDING HOMES LISTED FOR SALE.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$259,051
Investment income $371
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$3,101
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 $260,216

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