Whatcom County Association Of Realtors is located in Bellingham, WA. The organization was established in 1975. 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 12/2021, Whatcom County Association Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whatcom County 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 12/2021, Whatcom County Association Of Realtors generated $290.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $219.6k during the year ending 12/2021. While expenses have increased by 9.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION WAS ESTABLISHED TO SERVE ITS MEMBERS THROUGH CONTINUING EDUCATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF MEMBERS AND AFFILIATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dana Stuth Past President | OfficerTrustee | 1 | $0 |
Alison Trimble Director | OfficerTrustee | 1 | $0 |
Brent Mcmillan Director | OfficerTrustee | 1 | $0 |
Sommer Cronk President Elect | OfficerTrustee | 1 | $0 |
Melanie Pysden Director | Trustee | 1 | $0 |
Hannah Jones Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $189,041 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $199,041 |
Total Program Service Revenue | $0 |
Investment income | $1,350 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $49,634 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $290,155 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $31,668 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $86,840 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,234 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $24,159 |
Payroll taxes | $8,665 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,250 |
Fees for services: Accounting | $3,695 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,231 |
Office expenses | $5,269 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,838 |
Travel | $1,066 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $752 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,747 |
Insurance | $1,330 |
All other expenses | $1,649 |
Total functional expenses | $219,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $275,978 |
Savings and temporary cash investments | $490,492 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $73,820 |
Net Land, buildings, and equipment | $80,840 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $921,130 |
Accounts payable and accrued expenses | $3,250 |
Grants payable | $0 |
Deferred revenue | $174,501 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $177,751 |
Net assets without donor restrictions | $743,379 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $921,130 |
Over the last fiscal year, Whatcom County Association Of Realtors has awarded $15,385 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Bellingham, WA PURPOSE: COMMUNITY OUTREACHCOMMUNITY OUTREACH | $7,885 |
Bellingham, WA PURPOSE: BUSINESS COMMUNITY OUTREACH | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Cascade Housing Association Springfield, OR | $88,351,612 | $13,257,660 |
Lasa Lakewood, WA | $5,138,339 | $6,973,268 |
Metro Multifamily Housing Association Tigard, OR | $453,346 | $2,561,856 |
Oregon Association Of Realtors Salem, OR | $11,114,109 | $4,667,767 |
Seattle-King County Association Of Realtors Bellevue, WA | $6,650,634 | $2,261,145 |
Rental Housing Association Of Puget Sound Seattle, WA | $1,686,900 | $1,872,304 |
Home Builders Association Of Tri Cities Washington Kennewick, WA | $3,820,645 | $920,160 |
Spokane Home Builders Association Spokane Valley, WA | $1,176,189 | $1,045,531 |
Tacoma-Pierce County Association Of Realtors Tacoma, WA | $2,565,474 | $783,872 |
Home Builders Association Of Marion & Polk Counties Salem, OR | $1,453,576 | $853,697 |
Sigma Tau Of Kappa Delta Housing Association Pullman, WA | $1,250,902 | $680,559 |
University Congregational Housing Association Seattle, WA | $0 | $0 |