Pikes Peak Association Of Realtors Inc

Organization Overview

Pikes Peak Association Of Realtors Inc is located in Colorado Springs, CO. The organization was established in 1956. 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, Pikes Peak Association Of Realtors Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pikes Peak 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 12/2021, Pikes Peak Association Of Realtors Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 1.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PIKES PEAK ASSOCIATION OF REALTORS HELPS ITS MEMBERS TO BE ETHICAL, PROFESSIONAL AND SUCCESSFUL BY PROVIDING QUALITY SERVICES AND PROTECTING THE FREE ENTERPRISE SYSTEM AND REAL PROPERTY RIGHTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Steve Volkodav
CEO
$199,800
George Nehme
Chairman
$0
Ann Kidd
Chair Elect
$0
Jacob Curbow
Past Chair
$0
Windy Bailey
Director
$0
Mary Biga
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,612,972
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$1,612,972
Total Program Service Revenue$130,694
Investment income $128,794
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$243,152
Net Gain/Loss on Asset Sales $53,737
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $275
Miscellaneous Revenue$0
Total Revenue $1,683,320

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