Natchez Board Of Realtors Inc is located in Natchez, MS. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Natchez Board 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 12/2023, Natchez Board Of Realtors Inc generated $88.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $80.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONSISTS OF ABOUT 75 MEMBERS USING IT'S SERVICES TO ASSIST APPROXIMATELY 600 CUSTOMERS WITH THE PURCHASE OF REAL ESTATE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Durkin President | 1 | $0 | |
Sharon Sharp Williams President-Elect | 1 | $0 | |
Mary Ellen Gremillion Secretary/treasurer | 1 | $0 | |
Dianne Brown Past President | 5 | $0 | |
Patti Sanders Director | 1 | $0 | |
Sybil Wroten Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,494 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,780 |
| Total Revenue | $88,274 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,240 |
| Professional fees and other payments to independent contractors | $825 |
| Occupancy, rent, utilities, and maintenance | $6,769 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,119 |
| Total expenses | $79,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,781 |
| Other assets | $0 |
| Total assets | $35,159 |
| Total liabilities | $1,921 |
| Net assets or fund balances | $33,238 |