Southeast Iowa Regional Board Of Realtors
- Assets
- $376.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 09/1942
- Data as of
- 12/2021
- EIN
- 42-6072913
Organization Overview
Southeast Iowa Regional Board Of Realtors is located in Burlington, IA. The organization was established in 1942. 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. Southeast Iowa Regional Board 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 12/2021, Southeast Iowa Regional Board Of Realtors generated $151.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $115.3k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE PROFESSIONALISM IN THE SALE OF REAL ESTATE BY CREATING AND MAINTAINING HIGH STANDARDS OF CONDUCT AS EXPRESSED IN THE CODE OF ETHICS FOR REALTORS. TOTAL MEMBERSHIP IS APPROXIMATELY 380 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Lachapelle CEO | 40 | $56,624 | |
Sue Lee Secretary | 1 | $75 | |
Melissa Schwenker President | 1 | $0 | |
Melanie Cowan Vice Preside | 1 | $0 | |
Deb Fowler Director | 1 | $0 | |
Jason Carter President El | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $18,302 |
| Membership dues | $120,870 |
| Investment income | $6,222 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $942 |
| Total Revenue | $151,336 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,119 |
| Professional fees and other payments to independent contractors | $9,600 |
| Occupancy, rent, utilities, and maintenance | $9,997 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,574 |
| Total expenses | $115,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,135 |
| Other assets | $0 |
| Total assets | $376,571 |
| Total liabilities | $4,674 |
| Net assets or fund balances | $371,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute Of Real Estate Management Of The Natl Assn Of Realtors Chicago, IL | $10,741,868 | $14,078,057 |
Illinois Assn Of Realtors Springfield, IL | $43,746,253 | $17,014,133 |
Center For Specialized Realtor Education Inc Chicago, IL | $26,431,436 | $9,121,401 |
Swedish American Realty Corporation Rockford, IL | $18,485,524 | $7,044,065 |
Sdco Sfs Logistics Center Inc Chicago, IL | $145,459,378 | $6,525,972 |
Ipers 510 Marquette Inc Chicago, IL | $54,685,062 | $6,518,064 |
Ipers Creekside Inc Chicago, IL | $129,458,514 | $6,603,466 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Ipers Villas On Guadalupe-Tx Inc Chicago, IL | $47,058,177 | $4,863,492 |
Oakland 14th Office Inc Chicago, IL | $72,846,084 | $5,287,147 |
Highlands 501c 25 Inc Chicago, IL | $44,455,397 | $4,360,723 |
Sdc Clifton Commons Inc Chicago, IL | $61,522,059 | $4,418,653 |