West Volusia Association Of Realtors
- Assets
- $637.8k
- Revenue
- $576.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Orange City, FL
- Founding
- 04/2007
- Data as of
- 12/2021
- EIN
- 59-1549541
Organization Overview
West Volusia Association Of Realtors is located in Orange City, FL. The organization was established in 2007. 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. As of 12/2021, West Volusia Association Of Realtors employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Volusia 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, West Volusia Association Of Realtors generated $576.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $526.0k during the year ending 12/2021. While expenses have increased by 6.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WEST VOLUSIA ASSOCIATION OF REALTORS, INC IS AN ASSOCIATION OF PERSONS INTERESTED IN PROMOTING AND IMPROVING THE REAL ESTATE BUSINESS CONDITIONS IN WEST VOLUSIA COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING TECHNICAL EXPERTISE, ETHICAL BUSINESS PRACTICES AND BETTER WORKING CONDITIONS FOR ALL MEMBERS BY OFFERING EDUCATION OPPORTUNITIES. THE ORGANIZATION HOLDS NUMEROUS CONTINUING EDUCATION SESSIONS TO ENHANCE AND EXPAND MEMBER INDUSTRY KNOWLEDGE, IMPROVE THEIR BUSINESS SKILLS, UPDATE THEM ON LEGAL CHANGES/ISSUES AND PROVIDE TRAINING ON THE REALTOR CODE OF ETHICS TO PROMOTE A HIGH STANDARD OF ETHICAL CONDUCT.
PRODUCE PRINTED & ELECTRONIC PUBLICATIONS TO PROVIDE INDUSTRY INFORMATION, TIPS AND TRICKS TO IMPROVE SALES AND/OR BUSINESS PRACTICES AND GENERAL INFORMATION ABOUT ASSOCIATION EVENTS, MEETINGS, OFFICE CLOSINGS, ETC.
TO ASSIST MEMBERS AND THEIR REAL ESTATE SALES ACTIVITIES BY PROVIDING MULTIPLE LISTING SERVICE ASSISTANCE AND OTHER REAL ESTATE SALES TOOLS SUCH AS ELECTRONIC LOCKBOX SUPPORT AND KEY DISTRIBUTION SERVICES.
AS REQUIRED BY THE CODE OF ETHICS DEVELOPED BY THE NATIONAL ASSOICATION OF REALTORS, THE ORGANIZATION HAS A GRIEVANCE COMMITTEE TO REVIEW COMPLAINTS FROM MEMBERS AND THE GENERAL PUBLIC TO INVESTIGATE POSSIBLE CODE VIOLATIONS. THE ORGANIZATION ALSO HAS A PROFESSIONAL STANDARDS COMMITTEE WHICH HANDLE ETHICS COMPLAINTS AND ARBITRATION REQUESTS ONCE THEY HAVE MOVED FORWARD FROM THE GRIEVANCE COMMITTEE. THE ORGANIZATION HOSTS MEMBERSHIP MEETINGS AND SPECIAL EVENTS WHICH INCLUDE SPEAKERS AND NETWORKING OPPORTUNITIES FOR ALL MEMBERS. THEY ALSO PROVIDE MEMBERS WITH TOOLS TO ASSIST THEM AS REALTORS. THESE ITEMS ARE PROVIDED TO MEMBERS AT A DISCOUNT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan J Tucholski CEO | OfficerTrustee | 40 | $94,381 |
Bruno Lodwig Past Preside | OfficerTrustee | $0 | |
Pearl Stoescu President | OfficerTrustee | $0 | |
Jennifer Alsbrooks President El | Trustee | $0 | |
Jeff Bransford Director | Trustee | $0 | |
Beverly Hibbert Mls Director | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $548,457 |
| Investment income | $25,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,240 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$3,989 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $576,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $232,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,179 |
| Payroll taxes | $18,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,625 |
| Fees for services: Accounting | $26,694 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,200 |
| Office expenses | $25,683 |
| Information technology | $10,536 |
| Royalties | $0 |
| Occupancy | $28,939 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,502 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,408 |
| Insurance | $8,421 |
| All other expenses | $100 |
| Total functional expenses | $525,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,473 |
| Savings and temporary cash investments | $210,383 |
| 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 | $0 |
| Net Land, buildings, and equipment | $179,985 |
| Investments—publicly traded securities | $193,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $706 |
| Total assets | $637,838 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $28,650 |
| Total liabilities | $28,650 |
| Net assets without donor restrictions | $0 |
| 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 | $609,188 |
| Total liabilities and net assets/fund balances | $637,838 |
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