East Metro Board Of Realtors
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Covington, GA
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 58-1538860
Organization Overview
East Metro Board Of Realtors is located in Covington, GA. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. East Metro 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, East Metro Board Of Realtors generated $176.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $197.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
EAST METRO BOARD OF REALTORS IS A PROFESSIONAL ASSOCIATION ENTRUSTED TO SERVE AS AN ADVOCATE FOR ITS MEMBERS AND COMMUNITY. PROVIDING EDUCATION AND LEADERSHIP TRAINING WHILE UPHOLDING PROFESSIONAL AND ETHICAL STANDARDS IN OUR INDUSTRY.
Describe the Organization's Program Activity:
Part 3
EDUCATION AND TRAINING OF MEMBERS IN THE UPHOLDING OF PROFESSIONAL AND ETHICAL STANDARDS AND ENHANCING THE INTEGRITY OF THE REAL ESTATE INDUSTRY.
EXPENSES INCURRED IN THE RECOGNITION OF QUALIFIED APPLICANTS IN AWARD CATEGORIES INCLUDING BUT NOT LIMITED TO MILLION DOLLAR CLUB OF REALTORS.
PROGRAM EXPENSES INCURRRED FOR SUPPORT OF ESTABLISHED GOALS OF THE ASSOCIATION IN PLANNING AND IMPLEMENTING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Allen CEO | 40 | $45,883 | |
Mark Martin Director | 4 | $0 | |
Adam Mcginnis Director | 4 | $0 | |
Kim Dildy VP Prof Dev | 4 | $0 | |
Kathy Taylor Past Pres | 4 | $0 | |
Tami Moody Pres Elect | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,223 |
| Total Program Service Revenue | $5,312 |
| Membership dues | $0 |
| Investment income | $971 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,042 |
| Total Revenue | $176,548 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,439 |
| Professional fees and other payments to independent contractors | $12 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $148,039 |
| Total expenses | $197,490 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,352 |
| Other assets | $0 |
| Total assets | $44,665 |
| Total liabilities | $61,461 |
| Net assets or fund balances | -$16,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |