Ocala-Marion County Association Of Realtors
- Assets
- $5.2m
- Revenue
- $891.5k
- Investments
- $1.7m
- Employees
- 4
- Location
- Ocala, FL
- Founding
- 08/1948
- Data as of
- 12/2022
- EIN
- 59-6159045
Organization Overview
Ocala-Marion County Association Of Realtors is located in Ocala, FL. The organization was established in 1948. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Ocala-Marion County Association Of Realtors employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocala-Marion County 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 12/2022, Ocala-Marion County Association Of Realtors generated $891.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $618.3k during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEMBERSHIP DUES ENABLE THE ORGANIZATION TO FUNCTION AS A GROUP AND TO PROVIDE EDUCATION AND SERVICES TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larissa Ortiz President El | OfficerTrustee | $0 | |
Amy Lord Vice Preside | OfficerTrustee | $0 | |
Carla Lord Secretary/tr | OfficerTrustee | $0 | |
Virginia Wright President | OfficerTrustee | $0 | |
Gregory Lord Director | Trustee | $0 | |
Gregory Pittas 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 | $817,207 |
| Investment income | $78,081 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,881 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $891,502 |
| 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 | $194,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,796 |
| Payroll taxes | $15,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,630 |
| Fees for services: Accounting | $15,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39,702 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,712 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $101,321 |
| Total functional expenses | $618,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $620,111 |
| Savings and temporary cash investments | $225,519 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,423 |
| 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 | $0 |
| Investments—publicly traded securities | $2,726,114 |
| Investments—other securities | $1,660,562 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,236,729 |
| 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 | $5,523 |
| Total liabilities | $5,523 |
| Net assets without donor restrictions | $5,231,206 |
| 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 | $5,236,729 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Atlanta Home Builders Association Inc Atlanta, GA | $2,099,399 | $1,943,083 |
Greater Birmingham Association Of Home Builders Birmingham, AL | $2,470,065 | $1,460,469 |
National Property Management Association Atlanta, GA | $1,900,437 | $1,089,769 |
Realtors Of Punta Gorda Port Charlotte North Port Desoto Inc Port Charlotte, FL | $1,538,822 | $1,461,831 |
Baldwin County Assoc Of Realtors Robertsdale, AL | $6,364,960 | $1,529,077 |
Lakeland Association Of Realtors Lakeland, FL | $2,655,515 | $1,043,502 |
Montgomery Area Association Of Realtors Montgomery, AL | $4,209,450 | $856,263 |
Ocala-Marion County Association Of Realtors Ocala, FL | $5,236,729 | $891,502 |
Florida Ccim Chapter Of The Realtors National Marketing Instit Miami, FL | $758,496 | $466,608 |
Home Builders Association Of Savannah Savannah, GA | $1,026,746 | $435,664 |
Alabama Association Of Housing And Redevelopment Authorities Panama City Beach, FL | $360,812 | $370,776 |
Association Of Real Estate Owned Managers Pensacola, FL | $464,087 | $376,386 |