Mountain Metro Association Of Realtors
- Assets
- $283.1k
- Revenue
- $156.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Evergreen, CO
- Founding
- 01/1977
- Data as of
- 12/2023
- EIN
- 84-0680722
Organization Overview
Mountain Metro Association Of Realtors is located in Evergreen, CO. The organization was established in 1977. 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 12/2023, Mountain Metro Association Of Realtors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Metro 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 12/2023, Mountain Metro Association Of Realtors generated $156.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $154.0k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO REAL ESTATE AGENTS TO MAINTAIN AND IMPROVE KNOWLEDGE, ETHICS AND PROFESSIONAL SERVICES PROVIDED
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOTIVATIONAL & EDUCATIONAL CLASSES, SPEAKERS AND PROGRAMS TO KEEP ABREAST OF REAL ESTATE AND RELATED FIELDS. AVERAGE OF 20 ATTENDEES MONTHLY.PROVIDING REALTORS ACCESS TO STATE LEGAL HOTLINE AND ETHICAL STANDARDS REVIEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Melzer Director | Trustee | 0.68 | $0 |
Wendy Grillo Director | Trustee | 0.26 | $0 |
David Hanna Director | Trustee | 1.9 | $0 |
Alicia Sexton Director | Trustee | 1.68 | $0 |
Marie Lynch Past Chairman | OfficerTrustee | 1.4 | $0 |
Valli Crockett President | OfficerTrustee | 2.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $108,095 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,199 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,294 |
| Total Program Service Revenue | $33,692 |
| Investment income | $6,860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,248 |
| Net Income from Fundraising Events | $4,022 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,229 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $156,391 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,337 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,000 |
| Payroll taxes | $3,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $930 |
| Fees for services: Accounting | $6,134 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,015 |
| Fees for services: Other | $1,085 |
| Advertising and promotion | $1,172 |
| Office expenses | $1,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,985 |
| Travel | $7,221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | -$233 |
| All other expenses | $13,281 |
| Total functional expenses | $154,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,169 |
| Savings and temporary cash investments | $90,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $130,775 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,250 |
| Total assets | $283,137 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $43,845 |
| 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 | $43,845 |
| Net assets without donor restrictions | $239,292 |
| 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 | $283,137 |