Santa Fe Association Of Realtors Inc
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Santa Fe, NM
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 85-0268909
Organization Overview
Santa Fe Association Of Realtors Inc is located in Santa Fe, NM. The organization was established in 1982. 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, Santa Fe Association Of Realtors Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe 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, Santa Fe Association Of Realtors Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $961.8k during the year ending 12/2021. While expenses have increased by 2.7% 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 PROVIDE THOSE ENGAGED IN THE REAL ESTATE PROFESSION UNITY AND INFLUENCE UPON THE PROFESSION AND RELATED INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONTINUING PROFESSIONAL EDUCATION FOR ASSOCIATION MEMBERS AS WELL AS PROVIDE SUPPORT AND PARTICIPATION IN COMMUNITY AWARENESS PROJECTS.
PROVIDED LOCAL REAL ESTATE AGENTS WITH INFORMATION AND RESOURCES TO BETTER SERVE THEMSELVES AND THE PUBLIC.
THE ORGANIZATION ALSO RECEIVED GRANT INCOME USED FOR VARIOUS NATIONAL ASSOCIATION OF REALTORS PROGRAMS INCLUDING "GAME CHANGER", "FORECLOSURE PREVENTION", AND WORKFORCE AND AFFORDABLE HOUSING IN SANTA FE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rubel A Arguello Chief Executive | Officer | 40 | $102,481 |
Roger Carson President | OfficerTrustee | 2 | $0 |
Andrea Dobyns President Elect | OfficerTrustee | 2 | $0 |
Susan Orth Past President | OfficerTrustee | 2 | $0 |
Beverly Chapman Secretary/treasurer | OfficerTrustee | 2 | $0 |
Drew Lamprich 1st Vice President | OfficerTrustee | 2 | $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 | $26,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,230 |
| Total Program Service Revenue | $1,018,033 |
| Investment income | $4,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,593 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $24,579 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,089,128 |
| 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 | $1,000 |
| Compensation of current officers, directors, key employees. | $102,481 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,900 |
| Payroll taxes | $24,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,788 |
| Fees for services: Accounting | $19,683 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,694 |
| Advertising and promotion | $0 |
| Office expenses | $3,679 |
| Information technology | $9,078 |
| Royalties | $0 |
| Occupancy | $89,739 |
| Travel | $28,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,976 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,604 |
| Insurance | $3,509 |
| All other expenses | $47,665 |
| Total functional expenses | $961,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,246,962 |
| Savings and temporary cash investments | $333,809 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $89,909 |
| 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 | $18,446 |
| Net Land, buildings, and equipment | $36,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,725,635 |
| Accounts payable and accrued expenses | $20,939 |
| Grants payable | $0 |
| Deferred revenue | $819,933 |
| 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 | $840,872 |
| Net assets without donor restrictions | $866,010 |
| Net assets with donor restrictions | $18,753 |
| 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 | $1,725,635 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Santa Fe Association Of Realtors Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Stanley H Mathis Foundation Santa Fe, NM PURPOSE: SF DESIGNATION COURSE DEVELOPMENT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hatcher At Scyene Title Holding Company Dallas, TX | $71,672 | $12,767,450 |
Colorado Association Of Realtors Englewood, CO | $10,089,792 | $6,585,264 |
L&b Depp Inc Dallas, TX | $29,133,648 | -$258,980 |
Austin Board Of Realtors Austin, TX | $23,987,418 | $7,307,676 |
Herzstein Investments Inc Houston, TX | $72,075,670 | $3,886,647 |
Tmc Holdings Inc Tucson, AZ | $68,218,396 | $6,472,503 |
Metrotex Association Of Realtors Inc Grapevine, TX | $35,512,350 | $5,907,473 |
Erf Real Estate Inc Corpus Christi, TX | $22,832,259 | $2,950,067 |
Tucson Association Of Realtors Inc Tucson, AZ | $7,118,539 | $3,342,875 |
Rosedale Office Building Inc Fort Worth, TX | $32,377,565 | $10,485,667 |
Denver Metro Association Of Realtors Denver, CO | $6,496,632 | $3,131,809 |
Tac East Holdings Company No 1 New Boston, TX | $4,113,003 | $2,099,056 |