Bristol Tn-Va Association Of Realtors Inc is located in Bristol, TN. The organization was established in 1986. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bristol Tn-Va Association Of Realtors 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 12/2022, Bristol Tn-Va Association Of Realtors Inc generated $181.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $153.1k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ASSOCIATION PROMOTES AND FOSTERS HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION, ADVANCES PROFESSIONAL GOALS THROUGH EDUCATION, AND PERFORMS SERVICES FOR ITS MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Hall President | 2 | $0 | |
Kashia Bordwine President Elect | 2 | $0 | |
Reece Miller Sec - Treas | 2 | $0 | |
Michael Pruitt Past President | 2 | $0 | |
Rebecca Arnold Director | 2 | $0 | |
Anita Morrell Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,579 |
| Investment income | $105 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $104,250 |
| Total Revenue | $181,934 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $41,801 |
| Salaries, other compensation, and employee benefits | $59,568 |
| Professional fees and other payments to independent contractors | $6,248 |
| Occupancy, rent, utilities, and maintenance | $12,086 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $33,332 |
| Total expenses | $153,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $266,220 |
| Other assets | $0 |
| Total assets | $392,329 |
| Total liabilities | $101,211 |
| Net assets or fund balances | $291,118 |