Dothan Association Of Realtors Inc
- Assets
- $587.0k
- Revenue
- $157.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dothan, AL
- Founding
- 10/1983
- Data as of
- 12/2021
- EIN
- 63-0854387
Organization Overview
Dothan Association Of Realtors Inc is located in Dothan, AL. The organization was established in 1983. 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. Dothan 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 12/2021, Dothan Association Of Realtors Inc generated $157.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $70.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 7 years. 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
PROMOTION OF THE REAL ESTATE BUSINESS IN ACCORDANCE WITH ETHICAL STANDARDS ESTABLISHED BY THE NATIONAL ASSOCIATION OF REALTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBJECTIVE IS CONSISTENT WITH GUIDELINES, POLICIES AND GOALS OF THE NATIONAL ASSOCIATION OF REALTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lan Darty President | OfficerTrustee | 2 | $0 |
Pam Roberts Sec-Treas | OfficerTrustee | 1 | $0 |
Torri Gulledge Vice Pres | OfficerTrustee | 1 | $0 |
Forrest Register Pres Elect | OfficerTrustee | 1 | $0 |
Donnie Wells Director | Trustee | 1 | $0 |
Aleda Holmes Director | Trustee | 1 | $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 | $154,552 |
| Investment income | $3,185 |
| 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 | $157,737 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,025 |
| Fees for services: Accounting | $2,677 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,105 |
| Office expenses | $5,085 |
| Information technology | $3,589 |
| Royalties | $0 |
| Occupancy | $5,261 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,608 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,669 |
| Insurance | $2,633 |
| All other expenses | $9,185 |
| Total functional expenses | $70,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,689 |
| Savings and temporary cash investments | $262,315 |
| 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 | $2,353 |
| Net Land, buildings, and equipment | $122,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $587,039 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $16,044 |
| 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 | $0 |
| Total liabilities | $16,044 |
| Net assets without donor restrictions | $570,995 |
| 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 | $587,039 |
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 |
Mississippi Association Of Realtors Incorporated Jackson, MS | $6,966,027 | $2,616,510 |
Boscobel Heights Development Company Inc Nashville, TN | $26,913,589 | $950,458 |
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 |