Colorado Association Of Realtors
- Assets
- $10.1m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 22
- Location
- Englewood, CO
- Founding
- 09/1931
- Data as of
- 12/2021
- EIN
- 84-0370633
Organization Overview
Colorado Association Of Realtors is located in Englewood, CO. The organization was established in 1931. 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. As of 12/2021, Colorado Association Of Realtors employed 22 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Colorado Association Of Realtors 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, Colorado Association Of Realtors generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $5.8m during the year ending 12/2021. While expenses have increased by 5.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE COLLECTIVE VOICE FOR REAL ESTATE AND CONSUMER PROPERTY RIGHTS, AND TO ADVANCE COLORADO REALTORS AS INDUSTRY LEADERS IN KNOWLEDGE, ETHICS, AND PROFESSIONALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COURSES AND SEMINARS - THE ASSOCATION SPONSORS EDUCATIONAL COURSES AND SEMINARS AND CONTINUING EDUCATION CLASSES THROUGHOUT THE YEAR FOR IT'S MEMBERS.
MEMBER SERVICES - THE ASSOCIATION PROVIDES A VARIETY OF SERVICES FOR IT'S MEMEBERS, INCLUDING LEADERSHIP SEMINARS, ARBITRATIONS, LEGAL HOTLINE, PUBLIC RELATIONS, ETC. THROUGH IT'S COMMITTEE STRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyrone Adams CEO | Officer | 40 | $245,277 |
Scott Peterson General Coun | Officer | 1 | $232,846 |
Matthew Hintermeister Chair | OfficerTrustee | 1 | $0 |
Dana Cottrell Treasurer | OfficerTrustee | 1 | $0 |
Jack Beuse Car Director | Trustee | 1 | $0 |
Sonda Banka Car 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 | $6,152,489 |
| Investment income | $110,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $322,272 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,585,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $196,375 |
| 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. | $467,805 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,340,212 |
| Pension plan accruals and contributions | $60,433 |
| Other employee benefits | $192,542 |
| Payroll taxes | $133,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,390 |
| Fees for services: Accounting | $18,779 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,926 |
| Fees for services: Other | $101,663 |
| Advertising and promotion | $0 |
| Office expenses | $90,702 |
| Information technology | $70,124 |
| Royalties | $0 |
| Occupancy | $109,505 |
| Travel | $87,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,134,273 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,885 |
| Insurance | $22,087 |
| All other expenses | $163,718 |
| Total functional expenses | $5,775,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,658,742 |
| Savings and temporary cash investments | $520,627 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,782 |
| 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 | $180,364 |
| Net Land, buildings, and equipment | $847,986 |
| Investments—publicly traded securities | $4,781,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,000 |
| Total assets | $10,089,792 |
| Accounts payable and accrued expenses | $164,841 |
| Grants payable | $0 |
| Deferred revenue | $3,961,627 |
| 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 | $4,126,468 |
| Net assets without donor restrictions | $5,963,324 |
| 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 | $10,089,792 |
Grants Awarded
Over the last fiscal year, Colorado Association Of Realtors has awarded $163,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL | | $113,000 |
Englewood, CO | | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Association Of Realtors has recieved totaling $355,734.
| Awarding Organization | Amount |
|---|---|
National Association Of Realtors Chicago, IL PURPOSE: GENERAL SUPPORT | $355,734 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Association Of Realtors Englewood, CO | $10,089,792 | $6,585,264 |
Kansas City Regional Association Of Realtors Inc Leawood, KS | $26,272,975 | $5,840,290 |
Tmc Holdings Inc Tucson, AZ | $68,218,396 | $6,472,503 |
Tucson Association Of Realtors Inc Tucson, AZ | $7,118,539 | $3,342,875 |
Denver Metro Association Of Realtors Denver, CO | $6,496,632 | $3,131,809 |
South Metro Denver Realtor Association Inc Centennial, CO | $7,202,323 | $1,681,652 |
Victory Title Holding Corporation Tulsa, OK | $54,852,893 | $0 |
Northern Wasatch Association Of Realtors South Ogden, UT | $9,212,927 | $2,554,624 |
Laureate Building Corporation Tulsa, OK | $5,103,931 | $1,232,752 |
Pikes Peak Association Of Realtors Inc Colorado Springs, CO | $10,870,945 | $1,683,320 |
Omaha Area Board Of Realtors Omaha, NE | $3,033,383 | $1,260,890 |
Washington County Board Of Realtors St George, UT | $5,134,467 | $1,625,807 |