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← TALLAHASSEE BOARD OF REALTORS

Form 990 for tax year 2024

Filed by TALLAHASSEE BOARD OF REALTORS.

Totals

Total revenue
$1,459,153
Total expenses
$1,253,897
Contributions and grants received
$6,898
Grants paid
$12,358
Program service revenue
$841,034
Investment income
$48,503
Other revenue
$562,718
Total assets, end of year
$4,982,025
Total liabilities, end of year
$1,113,479
Net assets or fund balances, end of year
$3,868,546
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1f · All other contributions, gifts and grants

    $6,898

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $775,556 · related or exempt $775,556

  • 2b · Program service revenue: PROFESSIONAL DEVELOPME

    total $65,478 · related or exempt $65,478

  • 3 · Investment income

    total $48,503 · excluded $48,503

  • 6a · Gross rents

    real property $24,600

  • 6b · Less rental expenses

    real property $54,882

  • 6c · Rental income or loss

    real property -$30,282

  • 6d · Net rental income or loss

    total -$30,282 · related or exempt -$30,282

  • 8a · Fundraising events: gross income

    $41,989

  • 8b · Fundraising events: direct expenses

    $32,205

  • 8c · Net income from fundraising events

    total $9,784 · excluded $9,784

  • 11a · Other revenue: MANAGMENT FEE

    total $581,900 · unrelated business $581,900

  • 11b · Other revenue: MISCELLANEOUS

    total $1,316 · related or exempt $1,316

  • 11e · Other revenue, total

    $583,216

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,250

  • 2 · Grants to domestic individuals

    total $2,108

  • 5 · Compensation of officers, directors and key employees

    total $207,301

  • 7 · Other salaries and wages

    total $232,802

  • 8 · Pension plan contributions

    total $14,825

  • 9 · Other employee benefits

    total $55,843

  • 10 · Payroll taxes

    total $31,342

  • 11f · Fees: investment management

    total $16,336

  • 13 · Office expenses

    total $222,463

  • 16 · Occupancy

    total $117,502

  • 17 · Travel

    total $64,258

  • 19 · Conferences, conventions and meetings

    total $73,461

  • 22 · Depreciation, depletion and amortization

    total $84,498

  • 23 · Insurance

    total $8,381

  • 24a · Other expenses: PROFESSIONAL LEADERSHIP

    total $70,728

  • 24b · Other expenses: OTHER COMMITTEE EXPENSE

    total $37,048

  • 24c · Other expenses: AMORTIZATION

    total $2,250

  • 24d · Other expenses: MISCELLANEOUS

    total $2,237

  • 24e · All other expenses

    total $264

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $281 · end of year $283

  • 2 · Savings and temporary cash investments

    beginning of year $840,206 · end of year $790,048

  • 4 · Accounts receivable

    beginning of year $266,893 · end of year $123,877

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,930 · end of year $44,560

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

    $3,022,456

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

    $1,034,826

  • 10c · Land, buildings and equipment, net

    beginning of year $2,005,453 · end of year $1,987,630

  • 11 · Investments: publicly traded securities

    beginning of year $1,053,903 · end of year $1,116,410

  • 12 · Investments: other securities

    beginning of year $770,182 · end of year $919,217

  • 15 · Other assets

    beginning of year $2,250 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,104,238 · end of year $732,140

  • 19 · Deferred revenue

    beginning of year $392,798 · end of year $381,339

  • 27 · Net assets without donor restrictions

    beginning of year $3,470,062 · end of year $3,868,546

Mission and programs · 2024

Mission

TO PROVIDE PRODUCTS AND SERVICES TO OUR MEMBERS THAT ALLOW THEM TO OPERATE THEIR BUSINESS BOTH PROFITABLY AND ETHICALLY.

  • BUSINESS LEAGUE TO PROMOTE THE INTERESTS OF REALTORS AND TO MAINTAIN THE HIGH STANDARDS OF CONDUCT AND EDUCATION FOR THE PROFESSION

As filed on the 2024 return.

Listed in Part VII

  • Lisa Montgomery-Calvert

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Heather Rybak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Stacie Dixon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Danielle Andrews

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Angela Brooke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Sara Henning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kenneth Kleinpeter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Karri Larson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Greg Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Charlottee White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Susan Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Steven Louchheim

    CEO

    Total calculated
    $207,301
    From this org
    $166,118
    From related orgs
    $0
    Other
    $41,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $16,118
    Other
    $0
    Deferred
    $16,612
    Nontaxable benefits
    $24,571
    Filer's total
    $207,301

  • Jim M Butler

    PAST-PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Othell Broger

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Susan Byler

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CAPITAL AREA TECHNOLOGY & REALTOR SERVICES INC

    C · MLS SERVICES, SALE OF INVENTORY · FL · 100% owned · controlled entity

    Directly controlled by TALLAHASSEE BOARD OF REALTORS

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202523189349304207

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