Willamette Association Of Realtors Incorporated is located in Albany, OR. The organization was established in 1976. 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. Willamette Association Of Realtors Incorporated 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 12/2023, Willamette Association Of Realtors Incorporated generated $157.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $160.0k during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A UNIFIED MEDIUM FOR REAL ESTATE OWNERS AND THOSE ENGAGED IN REAL ESTATEPROFESSION WHEREBY THEIR INTERESTS MAY BE SAFEGUARDED AND ADVANCED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Tacke Immediate Past President | 1 | $0 | |
Tina Dodge Secretary | 1 | $0 | |
Heidi Junge Treasurer | 1 | $0 | |
Brian Oare Board Member | 1 | $0 | |
Don Robertson President | 1 | $0 | |
Ronda Wymore Local Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,133 |
| Membership dues | $128,497 |
| Investment income | $2,796 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,627 |
| Other Revenue | $0 |
| Total Revenue | $157,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,578 |
| Salaries, other compensation, and employee benefits | $75,350 |
| Professional fees and other payments to independent contractors | $19,154 |
| Occupancy, rent, utilities, and maintenance | $11,153 |
| Printing, publications, postage, and shipping | $66 |
| Other expenses | $51,745 |
| Total expenses | $160,046 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,338 |
| Other assets | $0 |
| Total assets | $214,815 |
| Total liabilities | $52,590 |
| Net assets or fund balances | $162,225 |