Baldwin County Assoc Of Realtors is located in Robertsdale, AL. The organization was established in 1980. 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, Baldwin County Assoc Of Realtors employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baldwin County Assoc 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, Baldwin County Assoc Of Realtors generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 12.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PRODUCTS AND SERVICES TO REALTORS THAT WILL ASSIST IN ACHIEVING THE GREATEST AMOUNT OF SUCCESS IN THE BUYING AND SELLING OF REALTY AS WELL AS PROVIDING A STRICT CODE OF ETHICS AND PROFESSIONAL STANDARDS TO ENABLE ITS MEMBERS TO CONDUCT BUSINESS WITH INTEGRITY AND COMPETENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRODUCTS AND SERVICES TO REALTORS THAT WILL ASSIST IN ACHIEVING THE GREATEST AMOUNT OF SUCCESS IN THE BUYING AND SELLING OF REALTY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Stanton President | OfficerTrustee | 3 | $0 |
Rachel Romash Reese Vice Preside | OfficerTrustee | 2 | $0 |
Susan Shallow Secretary | OfficerTrustee | 2 | $0 |
Jaime Cooper Treasurer | OfficerTrustee | 1 | $0 |
Walter Gex Billups Board Member | Trustee | 1 | $0 |
Donna Fitts Board Member | Trustee | 1 | $0 |
| 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 | $1,305,658 |
| Investment income | $49,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,036,516 |
| 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 | $709,064 |
| Pension plan accruals and contributions | $22,080 |
| Other employee benefits | $76,096 |
| Payroll taxes | $58,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,235 |
| Fees for services: Accounting | $6,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,689 |
| Fees for services: Other | $8,356 |
| Advertising and promotion | $35,674 |
| Office expenses | $16,713 |
| Information technology | $67,043 |
| Royalties | $0 |
| Occupancy | $85,121 |
| Travel | $34,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $121,684 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,645 |
| Insurance | $15,944 |
| All other expenses | $12,803 |
| Total functional expenses | $1,571,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,161 |
| Savings and temporary cash investments | $3,433,765 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $603,184 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,382 |
| Prepaid expenses and deferred charges | $19,419 |
| Net Land, buildings, and equipment | $2,140,550 |
| Investments—publicly traded securities | $297,874 |
| Investments—other securities | $8,562 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,478 |
| Total assets | $7,059,375 |
| Accounts payable and accrued expenses | $25,453 |
| Grants payable | $0 |
| Deferred revenue | $1,066,561 |
| 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 | $44,178 |
| Total liabilities | $1,136,192 |
| Net assets without donor restrictions | $5,923,183 |
| 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 | $7,059,375 |