Orlando Regional Realtor Association Inc

Organization Overview

Orlando Regional Realtor Association Inc is located in Orlando, FL. The organization was established in 1965. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Orlando Regional Realtor Association Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orlando Regional Realtor Association Inc 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, Orlando Regional Realtor Association Inc generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $10.1m during the year ending 12/2021. While expenses have increased by 10.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATE AN ENVIRONMENT THAT ELEVATES THE PROFESSIONALISM AND EXPERIENCE OF REALTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AND PROFESSIONAL DEVELOPMENT - OUR MEMBER'S PROFESSIONAL SUCCESS IS ONE OF THE CORE ESSENTIALS OF OUR ORGANIZATION'S MISSION AND ON THAT DIRECTION, OUR ASSOCIATION PROVIDES A YEAR- ROUND DIVERSITY OF EDUCATIONAL PROGRAMS ABOUT RISK MANAGEMENT (IDENTIFY AND MANAGE THE RISKS ASSOCIATED WITH DOING BUSINESS), FAIR HOUSING (A GUIDE TO ENSURING THAT BROKERAGES, AGENTS, AND CLIENTS ADHERE YEAR- ROUND TO THE LAWS OF FAIR HOUSING, PROTECTING CONSUMERS OF UNLAWFUL PRACTICE), REALTOR SAFETY TIPS FOR ENSURING SAFETY FOR OUR MEMBERS AND THEIR CLIENTS, DESIGNATION PROGRAMS (TO INCREASE THE SKILLS, PRODUCTIVITY, AND KNOWLEDGE OF OUR REALTOR MEMBERS), AND LICENSING AND CEU'S (FLORIDA'S LICENSING REQUIREMENTS FOR REAL ESTATE).


THE ANNUAL PUBLIC AWARENESS CAMPAIGN SERVES TO EDUCATE TODAY'S CONSUMERS ABOUT THE VITAL ROLE OF A REALTOR THROUGHOUT THE REAL ESTATE TRANSACTION, AS WELL AS THE MANY BENEFITS OF WORKING WITH A REALTOR THROUGHOUT THE PROCESS. AT THE SAME TIME, THE CAMPAIGN EDUCATES CONSUMERS ABOUT THE REAL ESTATE TRANSACTION, THE MANY BENEFITS OF HOMEOWNERSHIP, AND THE LOCAL HOUSING MARKET. WITH LOW INVENTORY AND RISING PRICES, BUYERS ARE ENCOURAGED TO CONTACT A REALTOR TO HELP THEM SECURE A HOME IN TODAY'S COMPETETIVE MARKET, WHILE SELLERS ARE ENCOURAGED TO CONTACT A REALATOR TO SEE IF THEY MAY FINALLY HAVE THE EQUITY THEY NEED TO MAKE A LIFESTYLE CHANGE. THE PUBLIC AWARENESS CAMPAIGN IS FUNDED BY A 25 PER MEMBER ANNUAL ASSESSMENT THAT IS COLLECTED WITH DUES; NEW MEMBERS ARE ALSO ASSESSED 25 WITH THEIR INITIAL DUES PAYMENT. THE COMMUNICATIONS COMMITTEE IS CHARGED WITH DEVELOPING THE CAMPAIGNS' MESSAGING AND MEDIA BUYS, WHICH ARE THEN APPROVED BY THE BOARD OF DIRECTORS.


MEMBER SERVICES - SERVING APPROXIMATELY 16,000 REALTOR MEMBERS, OUR ASSOCIATION STRIVES TO BE THE COLLECTIVE LOCAL FORCE INFLUENCING AND SHAPING THE REAL ESTATE INDUSTRY. IT SEEKS TO BE THE LEADING ADVOCATE OF THE RIGHT TO OWN, USE, AND TRANSFER REAL PROPERTY; THE ACKNOWLEDGED LEADER IN DEVELOPING STANDARDS FOR EFFICIENT, EFFECTIVE, AND ETHICAL REAL ESTATE PRACTICES; AND VALUED BY HIGHLY SKILLED REAL ESTATE PROFESSIONALS AND VIEWED BY THEM AS CRUCIAL TO THEIR SUCCESS. OUR ASSOCIATION IS WORKING ON BEHALF OF THE GREATER ORLANDO'S PROPERTY OWNERS. THE ASSOCIATION PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT, RESEARCH AND EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND TO THE PUBLIC AND GOVERNMENT FOR THE PURPOSE OF PRESERVING THE FREE ENTERPRISE SYSTEM, AND THE RIGHT TO OWN, USE, AND TRANSFER REAL PROPERTY.


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Board, Officers & Key Employees

Name (title)Compensation
Clifford Long
CEO
$359,143
Amanda Ornelas
COO
$178,500
Mary Kay Brickey
VP
$132,551
Tansey Soderstrom
President
$11,250
Natalie Arrowsmith
Former Presi
$11,250
Lisa Hill
Treasurer
$7,500

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Holland & Knight
Legal Services
$175,561
Precision Building Construction Llc
Contruction Services
$548,005
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,635,981
Investment income $443,487
Tax Exempt Bond Proceeds $0
Royalties $500
Net Rental Income $0
Net Gain/Loss on Asset Sales $309,347
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $31,726
Miscellaneous Revenue$0
Total Revenue $9,652,407

Grants Awarded

Over the last fiscal year, Orlando Regional Realtor Association Inc has awarded $75,000 in support to 2 organizations.

Grant RecipientAmount

FLORIDA ASSOCIATION OF REALTORS DISASTER RELIEF FUND

Org PageRecipient Profile

Orlando, FL

PURPOSE: ASSIST WITH HURRICANE RELIEF

$50,000

NATIONAL ASSOCIATION OF REALTORS

Org PageRecipient Profile

Chicago, IL

PURPOSE: ASSIST WITH HURRICANE RELIEF

$25,000
View Grant Profile

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