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Nonprofiteer
← MISSISSIPPI ASSOCIATION OF REALTORS INCORPORATED

Form 990 for tax year 2024

Filed by MISSISSIPPI ASSOCIATION OF REALTORS INCORPORATED.

Totals

Total revenue
$2,628,537
Total expenses
$3,038,714
Contributions and grants received
$0
Grants paid
$819,143
Program service revenue
$2,364,733
Investment income
$232,249
Other revenue
$31,555
Total assets, end of year
$7,347,567
Total liabilities, end of year
$1,362,578
Net assets or fund balances, end of year
$5,984,989
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $1,578,861 · related or exempt $1,578,861

  • 2b · Program service revenue: EDUCATION COURSE FEES

    total $624,608 · related or exempt $624,608

  • 2c · Program service revenue: OTHER FEES

    total $88,115 · related or exempt $88,115

  • 2d · Program service revenue: ANNUAL CONVENTION

    total $73,149 · related or exempt $73,149

  • 3 · Investment income

    total $232,249 · excluded $232,249

  • 6a · Gross rents

    real property $1,410

  • 6c · Rental income or loss

    real property $1,410

  • 6d · Net rental income or loss

    total $1,410 · excluded $1,410

  • 11a · Other revenue: MAGAZINE PUBLICATION

    total $30,145 · related or exempt $21,545 · unrelated business $8,600

  • 11e · Other revenue, total

    $30,145

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $819,143

  • 5 · Compensation of officers, directors and key employees

    total $275,415

  • 7 · Other salaries and wages

    total $562,844

  • 8 · Pension plan contributions

    total $7,936

  • 9 · Other employee benefits

    total $79,934

  • 10 · Payroll taxes

    total $60,834

  • 11b · Fees: legal

    total $78,272

  • 11c · Fees: accounting

    total $13,700

  • 11d · Fees: lobbying

    total $61,000

  • 11f · Fees: investment management

    total $42,704

  • 11g · Fees: other

    total $137,509

  • 12 · Advertising and promotion

    total $65,735

  • 14 · Information technology

    total $37,425

  • 16 · Occupancy

    total $108,570

  • 17 · Travel

    total $168,306

  • 19 · Conferences, conventions and meetings

    total $31,279

  • 22 · Depreciation, depletion and amortization

    total $45,478

  • 23 · Insurance

    total $13,631

  • 24a · Other expenses: MEALS AND ENTERTAINMENT

    total $77,698

  • 24b · Other expenses: ONLINE COURSE COSTS

    total $73,953

  • 24c · Other expenses: BANK AND MERCHANT FEES

    total $59,463

  • 24d · Other expenses: MISC PROGRAM COSTS

    total $29,793

  • 24e · All other expenses

    total $188,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $130 · end of year $155

  • 2 · Savings and temporary cash investments

    beginning of year $2,453,889 · end of year $1,420,077

  • 4 · Accounts receivable

    beginning of year $20,700 · end of year $10,541

  • 8 · Inventories for sale or use

    beginning of year $18,886 · end of year $8,347

  • 10a · Land, buildings and equipment: cost or other basis

    $427,401

  • 10b · Land, buildings and equipment: accumulated depreciation

    $342,957

  • 10c · Land, buildings and equipment, net

    beginning of year $867,981 · end of year $84,444

  • 11 · Investments: publicly traded securities

    beginning of year $3,978,270 · end of year $5,769,717

  • 15 · Other assets

    beginning of year $65,809 · end of year $54,286

  • 17 · Accounts payable and accrued expenses

    beginning of year $118,926 · end of year $119,979

  • 19 · Deferred revenue

    beginning of year $1,156,183 · end of year $1,190,813

  • 25 · Other liabilities

    beginning of year $63,309 · end of year $51,786

  • 27 · Net assets without donor restrictions

    beginning of year $6,067,247 · end of year $5,984,989

Mission and programs · 2024

Mission

TO BE THE BUSINESS ADVOCATE FOR MISSISSIPPI REAL ESTATE PROFESSIONALS.

  • Withheld by Nonprofiteer: this text may name a private individual.

  • Withheld by Nonprofiteer: this text may name a private individual.

  • PUBLICATIONS - THE ASSOCIATION PUBLISHES A QUARTERLY MAGAZINE DISTRIBUTED TO ALL 7,400+ MEMBERS OF THE ASSOCIATION AS WELL AS STATEWIDE ELECTED LEADERS. THE PUBLICATION FEATURES TIMELY ARTICLES ON MISSISSIPPI REAL ESTATE AND FEATURES MISSISSIPPI REALTORS AS SUBJECTS OF THE ARTICLES AND AS GUEST WRITERS. THE PURPOSE OF THE MAGAZINE IS TO SERVE AS THE PRIMARY COMMUNICATION VEHICLE WITH THE ORGANIZATION'S MEMBERS AND TO PROVIDE A FORUM FOR EXCHANGING BEST PRACTICES, RISK MANAGEMENT TOOLS, NEWS AND TOPICAL INFORMATION THAT IS RELEVANT TO A PRACTICING REALTOR IN MISSISSIPPI. THE ASSOCIATION HAS A MYRIAD OF OTHER COMMUNICATION VEHICLES INCLUDING A MONTHLY ASSOCIATION ELECTRONIC NEWSLETTER, WEEKLY BROKER AND ROOKIE REALTOR ELECTRONIC NEWSELETTERS, AND A SERIES OF MONTHLY WEBINARS FOR BROKERS, ROOKIES, AND THE MEMBERSHIP AS A WHOLE. THE PURPOSE OF THESE ELECTRONIC OUTREACH TOOLS IS TO ENGAGE THE MEMBERS IN A DIALOGUE ABOUT TIMELY TOPICS OF INTEREST AND TO PROVIDE RELEVANT INFORMATION AND SERVICE.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Beth Hansen

    CHIEF EXEC.

    Total calculated
    $145,549
    From this org
    $136,546
    From related orgs
    $0
    Other
    $9,003
    Hours/week
    40 + 1 related
  • William Fulton

    CHIEF FIN. O

    Total calculated
    $129,866
    From this org
    $116,248
    From related orgs
    $0
    Other
    $13,618
    Hours/week
    40 + 1 related
  • Deshawn Davis

    PRESIDENT -

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Cummins

    1ST VICE PRE

    Total calculated
    $0
    Hours/week
    1
  • Michael Anderson

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • David Ostrander

    EXECUTIVE CO

    Total calculated
    $0
    Hours/week
    1
  • Keith Ridgeway

    EXECUTIVE CO

    Total calculated
    $0
    Hours/week
    1
  • Prentiss Butler

    EXECUTIVE CO

    Total calculated
    $0
    Hours/week
    1
  • Ron Farris

    GENERAL COUN

    Total calculated
    $0
    Hours/week
    1
  • Amy Collins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sybil Wroten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jacki Thornburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Preston Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rachel Ray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Selena Lovejoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brenda Lovejoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Libbi Logan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Fruge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Fleming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kacie Denny

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Wells

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Allison Spencer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amanda Snowden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katherine Douglas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marea Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Shaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robin Reed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandy Lane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brad Feltenstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nancy Lane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandi Pickard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Boomer Mize

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gary Parker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristyn Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Glass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Adam Watkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dorothy Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith Henley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Hollister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carlene Alfonso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ken Austin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jillean Bishop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Trudy Bounds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Dean

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Debbie Delaune

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dee Denton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Dinkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Larry Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cathy Feltenstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Glenda Gilmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Judy Glenn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Griffith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cynthia Joachim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cheryl Jordan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Kammer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Walter Ketchings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Kruppe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lois Laird

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Phillip Long

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Levi McCraney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charlotte Mullinnix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yolanda Parris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pam Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lynette Praytor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jon Ritten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ellen Short

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janice Shows

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Stevens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amanda Fowler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Lowery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Brashier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victoria Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gena Nolan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Summer Newman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Allred

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Gomillion

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Angelia Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Nix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Phillips

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Ridgeway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Watkins Wild

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robin Lea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sterling McCool

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Swain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Danny Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ann Marie Pate

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dina Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202533189349309838

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