Mississippi Commercial Association Of Realtors Inc
- Assets
- $40.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flowood, MS
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 64-0928586
Organization Overview
Mississippi Commercial Association Of Realtors Inc is located in Flowood, MS. The organization was established in 2000. 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. Mississippi Commercial 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, Mississippi Commercial Association Of Realtors Inc generated $28.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED SPECIALIZED SERVICES TO REALTORS ENGAGED IN COMMERCIAL REAL ESTATE; PROMOTED AND MAINTAINED HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION AS EXPRESSED IN THE CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS; PROVIDED A UNIFIED MEDIUM FOR COMMERCIAL REAL ESTATE OWNERS AND THOSE ENGAGED IN THE COMMERCIAL REAL ESTATE PROFESSION WHEREBY THEIR INTERESTS MAY BE SAFEGUARDED AND ADVANCED; UNITED THOSE ENGAGED IN THE COMMERCIAL REAL ESTATE PROFESSION IN THE STATE OF MISSISSIPPI WITH THE MISSISSIPPI ASSOCIATION OF REALTORS AND THE NATIONAL ASSOCIATION OF REALTORS, THERBY FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE AND NATION, AND OBTAINING THE BENEFITS AND PRIVILEGES OF MEMBERSHIP THEREIN; DESIGNATED, FOR THE BENEFIT OF THE PUBLIC, INDIVIDUALS AUTHORIZED TO USE THE TERMS REALTOR AND REALTORS AS LICENCED, PRESCRIBED AND CONTROLLED BY THE NATIONAL ASSOCIATION OF REALTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Estes President | 0 | $0 | |
Henry Michel Vice-Preside | 0 | $0 | |
Jon-David Johnson Secretary/tr | 0 | $0 | |
Clay Short Northern Dir | 0 | $0 | |
Gerald Peoples Central Dire | 0 | $0 | |
Kathy Elias Southern Dir | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,662 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,662 |
| Total Revenue | $28,324 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,025 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,536 |
| Total expenses | $32,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,136 |
| Other assets | $0 |
| Total assets | $40,592 |
| Total liabilities | $2,261 |
| Net assets or fund balances | $38,331 |