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Nonprofiteer
← NEWNAN COWETA BOARD OF REALTORS

Form 990 for tax year 2022

Filed by NEWNAN COWETA BOARD OF REALTORS.

Totals

Total revenue
$266,095
Total expenses
$282,551
Contributions and grants received
$0
Grants paid
$18,662
Program service revenue
$234,348
Investment income
$3,085
Other revenue
$28,662
Total assets, end of year
$429,859
Total liabilities, end of year
$14,515
Net assets or fund balances, end of year
$415,344
Program services expenses (Part IX)
$110,286
Management and general expenses
$172,265
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 39.0% 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: REALTOR DUES

    total $138,889 · related or exempt $138,889

  • 2b · Program service revenue: MILLION DOLLAR CLUB INCOME

    total $34,420 · related or exempt $34,420

  • 2c · Program service revenue: AFFILIATE DUES

    total $28,233 · related or exempt $28,233

  • 2d · Program service revenue: LUNCHEON INCOME

    total $20,247 · related or exempt $20,247

  • 2e · Program service revenue: NEW REALTOR DUES

    total $8,750 · related or exempt $8,750

  • 2f · All other program service revenue

    total $3,809 · related or exempt $3,809

  • 3 · Investment income

    total $3,085 · excluded $3,085

  • 8a · Fundraising events: gross income

    $60,286

  • 8b · Fundraising events: direct expenses

    $41,324

  • 8c · Net income from fundraising events

    total $18,962

  • 11a · Other revenue: LATE FEES

    total $5,700 · related or exempt $5,700

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $2,500 · related or exempt $2,500

  • 11c · Other revenue: MLS BOARD STORE

    total $1,500 · related or exempt $1,500

  • 11e · Other revenue, total

    $9,700

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $14,662 · program services $14,662

  • 2 · Grants to domestic individuals

    total $4,000 · program services $4,000

  • 5 · Compensation of officers, directors and key employees

    total $63,956 · management and general $63,956

  • 7 · Other salaries and wages

    total $17,768 · management and general $17,768

  • 10 · Payroll taxes

    total $6,668 · management and general $6,668

  • 11c · Fees: accounting

    total $11,784 · management and general $11,784

  • 13 · Office expenses

    total $8,236 · management and general $8,236

  • 14 · Information technology

    total $4,228 · management and general $4,228

  • 16 · Occupancy

    total $44,273 · management and general $44,273

  • 19 · Conferences, conventions and meetings

    total $30,014 · program services $30,014

  • 22 · Depreciation, depletion and amortization

    total $10,073 · management and general $10,073

  • 23 · Insurance

    total $2,565 · management and general $2,565

  • 24a · Other expenses: MILLION DOLLAR CLUB

    total $28,269 · program services $28,269

  • 24b · Other expenses: LUNCHEON EXPENSES

    total $23,323 · program services $23,323

  • 24c · Other expenses: MEETING EXPENSES

    total $5,829 · program services $4,240 · management and general $1,589

  • 24d · Other expenses: CONTINUING EDUCATION EXP

    total $5,778 · program services $5,778

  • 24e · All other expenses

    total $1,125 · management and general $1,125

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $192,547 · end of year $178,911

  • 2 · Savings and temporary cash investments

    beginning of year $131,888 · end of year $132,184

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

    $42,898

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

    $31,184

  • 10c · Land, buildings and equipment, net

    beginning of year $21,787 · end of year $11,714

  • 11 · Investments: publicly traded securities

    beginning of year $112,890 · end of year $107,050

  • 25 · Other liabilities

    beginning of year $18,683 · end of year $14,515

  • 27 · Net assets without donor restrictions

    beginning of year $418,003 · end of year $406,918

  • 28 · Net assets with donor restrictions

    beginning of year $22,426 · end of year $8,426

Mission and programs · 2022

Mission

THE NEWNAN COWETA BOARD OF REALTORS IS A PROFESSIONAL ORGANIZATION DEDICATED TO PROMOTING EXCELLENCE IN REAL ESTATE BUSINESS PRACTICES, ADVOCATING PRIVATE PROPERTY RIGHTS, AND SERVING ITS COMMUNITY. THE ORGANIZATION'S MISSION IS TO ENHANCE ITS MEMBERS' ABILITY TO SUCCESSFULLY CONDUCT BUSINESS BY PROMOTING THE IMAGE OF REALTORS KNOWLEDGEABLE PRACTITIONERS ESSENTIAL TO THE REAL ESTATE TRANSACTION AND BY ENFORCING THE REALTOR CODE OF ETHICS.

  • MEET MONTHLY TO FIND COMMON SOLUTIONS FOR LOCAL REAL ESTATE ISSUES, RECEIVE CONTINUING EDUCATION, TO KEEP LOCAL PARTIES AWARE OF ISSUES.

  • PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT AND PROFESSIONAL ETHICS THUS SAFEGUARDING REALTOR AND OWNER INTEREST.

  • PROVIDE SCHOLARSHIPS AND DONATIONS WHEN FEASIBLE.

  • OTHER EXEMPT PURPOSE ACCOMPLISHMENTS INCLUDE RECOGNITION OF REALTORS WHO REACH ANNUAL MILESTONES THROUGH THE MILLION DOLLAR CLUB, AND OTHER EXEMPT ACTIVITES

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ELIZABETH HIETT

    CEO

    Total calculated
    $63,956
    From this org
    $63,956
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • CHRIS BASS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ADRIANE BOMAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELLEN BUSH

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    4

  • JACKIE CAMPBELL

    PRESIDENT EL

    Total calculated
    $0
    Hours/week
    4

  • TIANDRIA DUKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • OLIVIA GENTRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RANDI GREENE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JACQUELINE HILL

    STATE DIRECT

    Total calculated
    $0
    Hours/week
    1

  • BRIAN KROLL

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • KAREN KURTZ

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • ERIN LOONEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER SPRALDING

    STATE DIRECT

    Total calculated
    $0
    Hours/week
    1

  • GUY WARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH WILLIAMS

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    4

  • JOHN WOOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNY YI

    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

Provenance

Return type
form_990
Tax year
2022
Filed
29 August 2023
IRS schema version
2022v5.0
Source object
202302499349301710

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