Tallahassee Board Of Realtors
- Assets
- $3.6m
- Revenue
- $1.1m
- Investments
- $457.7k
- Employees
- 6
- Location
- Tallahassee, FL
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 59-6150407
Organization Overview
Tallahassee Board Of Realtors is located in Tallahassee, FL. The organization was established in 1965. 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. As of 12/2021, Tallahassee Board Of Realtors employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tallahassee 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, Tallahassee Board Of Realtors generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $996.2k during the year ending 12/2021. While expenses have increased by 3.4% 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
TO PROVIDE PRODUCTS AND SERVICES TO OUR MEMBERS THAT ALLOW THEM TO OPERATE THEIR BUSINESS BOTH PROFITABLY AND ETHICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS LEAGUE TO PROMOTE THE INTERESTS OF REALTORS AND TO MAINTAIN THE HIGH STANDARDS OF CONDUCT AND EDUCATION FOR THE PROFESSION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Louchheim CEO | Officer | 40 | $154,216 |
Justim Peel President | Officer | 5 | $0 |
Joy Blomeley Past President | Officer | 5 | $0 |
Lee Snowden Treasurer | Officer | 5 | $0 |
Susan Byler Secretary | Officer | 5 | $0 |
Danielle Galvin President Elect | Officer | 5 | $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 | $2,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,920 |
| Total Program Service Revenue | $750,077 |
| Investment income | $33,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$40,158 |
| Net Gain/Loss on Asset Sales | $46,955 |
| Net Income from Fundraising Events | $201 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,101,874 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,076 |
| Grants and other assistance to domestic individuals. | $200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,251 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,884 |
| Pension plan accruals and contributions | $31,317 |
| Other employee benefits | $44,041 |
| Payroll taxes | $25,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,000 |
| Fees for services: Accounting | $51,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,733 |
| Fees for services: Other | $1,780 |
| Advertising and promotion | $0 |
| Office expenses | $106,867 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,092 |
| Travel | $38,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $627 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,410 |
| Insurance | $3,457 |
| All other expenses | $9,818 |
| Total functional expenses | $996,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281 |
| Savings and temporary cash investments | $690,848 |
| 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 | $33,129 |
| Net Land, buildings, and equipment | $1,216,638 |
| Investments—publicly traded securities | $1,124,473 |
| Investments—other securities | $457,732 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,656 |
| Total assets | $3,557,757 |
| Accounts payable and accrued expenses | $192,838 |
| Grants payable | $0 |
| Deferred revenue | $301,653 |
| 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 | $74,169 |
| Total liabilities | $568,660 |
| Net assets without donor restrictions | $2,989,097 |
| 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 | $3,557,757 |
Grants Awarded
Over the last fiscal year, Tallahassee Board Of Realtors has awarded $50,266 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Tallahassee, FL PURPOSE: LIVING ASSISTANCE | $25,721 |
REALTORS POLITICAL ACTION COMMITTEE PURPOSE: POLITICAL CONTRIBUTION | $24,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Association Of Realtors Inc Atlanta, GA | $16,334,740 | $7,998,537 |
Grady Cass Incorporated Atlanta, GA | $161,041,116 | $0 |
The Georgia Health Sciences Foundation Inc Augusta, GA | $27,494,312 | $7,447,103 |
Greater Tampa Association Of Realto Rs Inc Tampa, FL | $22,775,410 | $5,538,850 |
Regional Properties Inc Miami, FL | $42,950,454 | $5,019,456 |
Northeast Florida Association Of Realtors Inc Jacksonville, FL | $16,813,505 | $4,406,893 |
Atlanta Realtors Association Inc Atlanta, GA | $8,002,087 | $2,853,636 |
Houston Healthcare Properties Inc Warner Robins, GA | $28,129,794 | $1,213,722 |
Avow Real Estate Inc Naples, FL | $17,821,886 | $1,356,778 |
Jbdf Llc Jacksonville, FL | $15,734,913 | $6,993,364 |
Atlanta Commercial Board Of Realtors Inc Atlanta, GA | $2,274,900 | $1,467,624 |
Realtors Association Of Lake & Sumter Counties Inc Tavares, FL | $2,340,061 | $1,320,708 |