Collin County Board Of Realtors Incorporated is located in Plano, TX. The organization was established in 1974. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Collin County Board Of Realtors Incorporated employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collin County Board Of Realtors Incorporated 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, Collin County Board Of Realtors Incorporated generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 7.5% 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
TO PROVIDE EDUCATION AND ASSISTANCE TO REAL ESTATE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS & PROFESSIONAL EDUCATION
MEMBERSHIP DUES AND OTHER MEMBER BENEFITS
CCAR EVENTS: LEADERSHIP RETREAT, TRIPS, MEETINGS, AND RALLY EVENTS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kayla Click Director | Trustee | 1 | $0 | 
| Jamie Flynn Director | Trustee | 1 | $0 | 
| Bill Cox Director | Trustee | 1 | $0 | 
| Terri Macaluso Director | Trustee | 1 | $0 | 
| Sylvia Seabolt Director | Trustee | 1 | $0 | 
| Ron Leach Past President | OfficerTrustee | 6 | $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 | $2,493,519 | 
| Investment income | $118,576 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $6,819 | 
| Net Gain/Loss on Asset Sales | -$56,816 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $53,854 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $2,684,748 | 
| 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. | $308,177 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $999,938 | 
| Pension plan accruals and contributions | $19,357 | 
| Other employee benefits | $110,490 | 
| Payroll taxes | $95,738 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $5,305 | 
| Fees for services: Accounting | $95,280 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $13,569 | 
| Fees for services: Other | $34,375 | 
| Advertising and promotion | $22,552 | 
| Office expenses | $122,594 | 
| Information technology | $26,275 | 
| Royalties | $0 | 
| Occupancy | $142,680 | 
| Travel | $174,208 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $57,628 | 
| Interest | $818 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $81,703 | 
| Insurance | $8,666 | 
| All other expenses | $0 | 
| Total functional expenses | $2,762,794 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,025,088 | 
| Savings and temporary cash investments | $3,636,899 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $15,631 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $74,459 | 
| Prepaid expenses and deferred charges | $44,810 | 
| Net Land, buildings, and equipment | $1,897,906 | 
| Investments—publicly traded securities | $1,367,691 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $85,872 | 
| Total assets | $10,148,356 | 
| Accounts payable and accrued expenses | $339,588 | 
| Grants payable | $0 | 
| Deferred revenue | $1,381,300 | 
| 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 | $6,342,055 | 
| Total liabilities | $8,062,943 | 
| Net assets without donor restrictions | $2,082,412 | 
| Net assets with donor restrictions | $3,001 | 
| 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 | $10,148,356 |