Lawrence Board Of Realtors

Organization Overview

Lawrence Board Of Realtors is located in Lawrence, KS. The organization was established in 1968. 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. As of 10/2021, Lawrence Board Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence 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 10/2021, Lawrence Board Of Realtors generated $186.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $189.4k during the year ending 10/2021. While expenses have increased by 5.7% 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

THE LAWRENCE BOARD OF REALTORS EXISTS TO SUPPORT ITS MEMBERSHIP BY PROVIDING THE SERVICES, EDUCATIONAL OPPORTUNITIES, AND INFORMATION NECESSARY TO ENHANCE THE LEVEL OF REALTOR PROFESSIONALISM, INTEGRITY, PROFITABILITY, AND SUCCESS, WHILE PROMOTING A POSITIVE REALTOR IMAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP ORGANIZATION OF REALTORS IN LAWRENCE, KANSAS. WE SUPPORT OUR MEMBERSHIP BY PROVIDING THE SERVICES NECESSARY TO ENHANCE THE LEVEL OF REALTOR PROFESSIONALISM, INTEGRITY, PROFITABILITY, AND SUCCESS, WHILE PROMOTING A POSITIVE REALTOR IMAGE. WE PROVIDE OUR MEMBERS STANDARD FORMS AND CONTRACTS. THESE FORMS ARE REVIEWED BY LEGAL COUNSEL AND APPROVED FOR USE BY OR MEMBERS. THE FORMS OFFER CONSISTENCY WHICH EASES THE PROCESS OF DOING BUSINESS. WE ALSO PROVIDE PROFESSIONAL STANDARDS. WE WANT STRICT ADHERENCE TO A REALTOR CODE OF ETHICS, AND A GRIEVANCE AND ARBITRATION PROCESS AS PROVIDED BY THE NATIONAL ASSOCIATION OF REALTORS.


THE LAWRENCE BOARD OF REALTORS PROVIDES EDUCATIONAL OPPORTUNITIES TO OUR MEMBERS. THIS INCLUDES CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT.


THE LAWRENCE BOARD OF REALTORS PROVIDES RESOURCES TO MEMBERS INCLUDING ETHICS INFORMATION AND BYLAWS, BOARD APPROVED FORMS, DOCUMENTS, AND CONTRACTS. OTHER RESOURCES INCLUDE MEMBER COMMUNICATIONSS, VOLUNTEER OPPORTUNITIES, AND PUBLIC AWARENESS ADVERTISING CAMPAIGNS WHICH EMPHASIZE THE ADVANTAGES OF WORKING WITH A REALTOR.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Hulse
Executive Direc
$30,275
Brian Johnson
Secretary
$0
John Huntington
President
$0
Jill Stueve
Treasurer
$0
Lindsay Landis
President Elect
$0
Jill Ballew
Director
$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$1,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,000
Total Program Service Revenue$79,146
Investment income $4,247
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,352
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $186,785

Grants Awarded

Over the last fiscal year, Lawrence Board Of Realtors has awarded $18,696 in support to 2 organizations.

Grant RecipientAmount

REALTORS RELIEF FOUNDATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: DISASTER VICTIMS HOUSING RELIEF

$10,000

LBOR COMMUNITY FOUNDATION

Org PageRecipient Profile

Lawrence, KS

PURPOSE: HOUSING NEEDS IN COMMUNITY

$8,696
View Grant Profile

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