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 12/2021, Natchez Board Of Realtors Inc generated $80.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $86.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 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
2021
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 |
---|---|---|---|
Dianne Brown President | 1 | $0 | |
Patti Sanders Past President | 5 | $0 | |
Sandra Smith Shaw Director | 1 | $0 | |
Charlotte Copeland Secretary/treasurer | 1 | $0 | |
Nancy Durkin President-Elect | 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 | $78,034 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,748 |
Total Revenue | $80,782 |
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 | $7,098 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $59,980 |
Total expenses | $86,143 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,834 |
Other assets | $0 |
Total assets | $16,154 |
Total liabilities | $1,921 |
Net assets or fund balances | $14,233 |
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