Skip to content
Nonprofiteer
← LOUISIANA REALTORS

Form 990 for tax year 2023

Filed by LOUISIANA REALTORS.

Totals

Total revenue
$3,050,878
Total expenses
$2,638,999
Contributions and grants received
$985
Grants paid
$0
Program service revenue
$2,905,522
Investment income
$143,496
Other revenue
$875
Total assets, end of year
$11,271,956
Total liabilities, end of year
$2,913,915
Net assets or fund balances, end of year
$8,358,041
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$2,638,999

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.

  • 1e · Government grants (contributions)

    $985

  • 2a · Program service revenue: ANNUAL ASSESSMENTS

    total $2,702,723 · related or exempt $2,702,723

  • 2b · Program service revenue: MEETINGS

    total $124,449 · related or exempt $124,449

  • 2c · Program service revenue: PROFESSIONAL DEVELOPMENT

    total $50,950 · related or exempt $50,950

  • 2d · Program service revenue: REALTORS COMMERICAL ALLIANCE

    total $27,400 · related or exempt $27,400

  • 3 · Investment income

    total $155,608 · excluded $155,608

  • 7a · Gross sales of assets other than inventory

    securities $1,763,016

  • 7b · Less cost or other basis and sales expenses

    securities $1,775,128

  • 7c · Gain or loss

    securities -$12,112

  • 7d · Net gain or loss

    total -$12,112 · excluded -$12,112

  • 11a · Other revenue: OTHER REVENUE

    total $875 · related or exempt $875

  • 11e · Other revenue, total

    $875

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $265,221

  • 7 · Other salaries and wages

    total $487,469

  • 9 · Other employee benefits

    total $151,775

  • 10 · Payroll taxes

    total $53,423

  • 11b · Fees: legal

    total $136,889

  • 11c · Fees: accounting

    total $7,500

  • 11d · Fees: lobbying

    total $24,950

  • 11f · Fees: investment management

    total $25,929

  • 12 · Advertising and promotion

    total $86,241

  • 13 · Office expenses

    total $57,724

  • 14 · Information technology

    total $85,345

  • 17 · Travel

    total $254,281

  • 19 · Conferences, conventions and meetings

    total $196,476

  • 20 · Interest

    total $545

  • 22 · Depreciation, depletion and amortization

    total $94,300

  • 23 · Insurance

    total $39,643

  • 24a · Other expenses: POLITICAL ADVOCACY AND

    total $189,115

  • 24b · Other expenses: PROFESSION DEVELOPMENT

    total $169,475

  • 24c · Other expenses: MEMBER SERVICES

    total $113,112

  • 24d · Other expenses: PROCESSING FEES

    total $88,923

  • 24e · All other expenses

    total $110,663

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,200,717 · end of year $3,478,397

  • 2 · Savings and temporary cash investments

    beginning of year $704,998 · end of year $2,555,307

  • 4 · Accounts receivable

    beginning of year $68,036

  • 9 · Prepaid expenses and deferred charges

    beginning of year $112,704 · end of year $98,661

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

    $3,855,217

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

    $975,677

  • 10c · Land, buildings and equipment, net

    beginning of year $2,922,106 · end of year $2,879,540

  • 11 · Investments: publicly traded securities

    beginning of year $2,018,691 · end of year $2,192,210

  • 15 · Other assets

    beginning of year $59,675 · end of year $67,841

  • 17 · Accounts payable and accrued expenses

    beginning of year $86,273 · end of year $64,693

  • 19 · Deferred revenue

    beginning of year $2,040,460 · end of year $2,669,122

  • 25 · Other liabilities

    beginning of year $157,367 · end of year $180,100

  • 27 · Net assets without donor restrictions

    beginning of year $7,802,827 · end of year $8,358,041

Mission and programs · 2023

Mission

LA REALTORS IS A MEMBER BASED TRADE ASSOCIATION ESTABLISHED TO ASSIST ITS MEMBERS IN THE BUSINESS OF REAL ESTATE IN LA AND TO PROVIDE OPTIMUM MEMBER RESOURCES WHILE SERVING AS AN ADVOCATE FOR REALTORS AND CONSUMERS.

Activities or mission (Part I)

LOUISIANA REALTORS IS A MEMBER BASED TRADE ASSOCIATION ESTABLISHED TO ASSIST ITS MEMBERS IN THE BUSINESS OF REAL ESTATE AND TO PROVIDE OPTIMUM MEMBER RESOURCES WHILE SERVING AS AN ADVOCATE FOR REALTORS AND CONSUMERS.

  • CONVENTIONS AND MEETINGS- LOUISIANA REALTORS HOST FOUR MEETINGS EACH YEAR TO PROVIDE NETWORKING OPPORTUNITIES ALONG WITH PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION OFFERINGS. THE MEETINGS SERVE AS A PLATFORM ENSURING MEMBERS RECIEVE THE LATEST INFORMATION ON ISSUES AFFECTING THE REAL ESTATE INDUSTRY. GOVERNANCE MEETINGS ARE HELD IN CONJUNCTION WITH MEETINGS ALONG WITH THE ANNUAL INSTALLATION OF OFFICERS.

    Expenses $196,476 · Revenue $124,449

  • ADVOCACY- LOUISIANA REALTORS MONITOR, RECOMMEND, AND SUPPORT OR OPPOSE STATE LEGISLATION AND REGULATORY POLICIES THAT AFFECT THE REAL ESTATE INDUSTRY IN LOUISIANA.

    Expenses $214,065

  • LEGAL, LEGISLATIVE, AND RISK MANAGEMENT- LOUISIANA REALTORS PROVIDE RESOURCES TO ITS MEMBERS THROUGH ACCESS TO A LEGAL HOTLINE SERVICE WITH DIRECT ACCESS TO THE ASSOCIATION'S LEGAL COUNSEL WHO CAN PROVIDE INFORMATION ON A VARIETY OF REAL ESTATE RELATED TOPICS. ADDITIONALLY, LOCAL BOARDS IN THE STATE HAVE ACCESS TO LEGAL COUNSEL TO ASSIST IN DEALING WITH ISSUES INCLUDING GOVERNANCE AND EMPLOYMENT MATTERS.

    Expenses $136,889

  • Expenses $2,091,569

As filed on the 2023 return.

Listed in Part VII

  • Norman Morris

    CEO

    Total calculated
    $302,182
    From this org
    $265,221
    From related orgs
    $0
    Other
    $36,961
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $230,621
    Bonus
    $25,000
    Other
    $9,600
    Deferred
    $13,837
    Nontaxable benefits
    $23,124
    Filer's total
    $302,182
  • Allemand Regina

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Baaheth Lacy

    AT-LARGE DIRECTOR (2023-2024)

    Total calculated
    $0
    Hours/week
    1
  • Bayles Debbie

    LOCAL BOARD PRESIDENT - NORTHEAST

    Total calculated
    $0
    Hours/week
    1
  • Boline Mark

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bolton Janice

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • Boyd Bill

    NAR SMALL BOARD

    Total calculated
    $0
    Hours/week
    1
  • Boyd Delisha

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Braxton Shanna

    GREATER CENTRAL - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brock Chris

    NORTHEAST - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cain Gleason Jacquelyn

    LOCAL BOARD PRESIDENT - ACADIANA

    Total calculated
    $0
    Hours/week
    1
  • Castle Timothy

    LOCAL BOARD PRESIDENT - SOUTHWEST

    Total calculated
    $0
    Hours/week
    1
  • Chauvin Debbie

    AT-LARGE DIRECTOR (2023-2024)

    Total calculated
    $0
    Hours/week
    1
  • Coffin Keary

    AT-LARGE DIRECTOR (2023-2024)

    Total calculated
    $0
    Hours/week
    1
  • Cornner Tony

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Craddock Cathy

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Crain Mary Beth

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cusick Kristina

    LOCAL BOARD PRESIDENT-ELECT - BATON ROUGE

    Total calculated
    $0
    Hours/week
    1
  • Devillier Synde

    RVP REGION III

    Total calculated
    $0
    Hours/week
    1
  • Durham Charla

    GREATER FORT POLK - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dyer Cindy

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Fagot Rayelynn

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Favret David

    PROFESSIONAL CONDUCT DIVISION DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Foster Josh

    LOCAL BOARD PRESIDENT-ELECT - SOUTHWEST

    Total calculated
    $0
    Hours/week
    1
  • Freeland Lesha

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Galiano Nicholas

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gauthier Eloise

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Hackleman Vanessa

    NWLAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hanemann Amanda

    RVP REGION IV

    Total calculated
    $0
    Hours/week
    1
  • Hansen Julie

    LOCAL BOARD PRESIDENT-ELECT - NORTHEAST

    Total calculated
    $0
    Hours/week
    1
  • Harrell Kim

    LOCAL BOARD PRESIDENT - CENTRAL

    Total calculated
    $0
    Hours/week
    1
  • Harris Donna

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • Hebert James

    LOCAL BOARD PRESIDENT-ELECT - BAYOU

    Total calculated
    $0
    Hours/week
    1
  • Holliday Susan

    AE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1
  • Hollis Juhmad

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Horn Carole

    LEGISLATIVE DIVISION DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Howell Wendy

    AT-LARGE DIRECTOR (2023-2024)

    Total calculated
    $0
    Hours/week
    1
  • Hughes Matt

    NAR STATE SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ingersoll Misty

    RVP REGION I

    Total calculated
    $0
    Hours/week
    1
  • Keaty Jim

    COMMERCIAL DIVISION DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kyle Connie

    NAR LARGE FIRM SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Labranch Latanya

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lafleur Kimberly

    RAA - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lindsey Debra

    LOCAL BOARD PRESIDENT - NORTHWEST

    Total calculated
    $0
    Hours/week
    1
  • Little Jeri

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • Luttgeharm Brenda

    COMMERCIAL SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maulden Ginger

    LARPAC CHAIR

    Total calculated
    $0
    Hours/week
    1
  • McAdam Cheryl

    LR LARGE FIRM SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • McCubbin A Scott

    LOCAL BOARD PRESIDENT - BAYOU

    Total calculated
    $0
    Hours/week
    1
  • McGraw-Barbera Marsha

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • McKey Andrea

    NAR LIAISON

    Total calculated
    $0
    Hours/week
    1
  • McKey David

    NAR STATE SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Meng Chelsea

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mirambell Craig

    LOCAL BOARD PRESIDENT-ELECT - NEW ORLEANS

    Total calculated
    $0
    Hours/week
    1
  • Modeen Candy

    LOCAL BOARD PRESIDENT - NORTHSHORE

    Total calculated
    $0
    Hours/week
    1
  • Morris Logan

    LOCAL BOARD PRESIDENT DESIGNEE

    Total calculated
    $0
    Hours/week
    1
  • Morrow Katlyn

    LOCAL BOARD PRESIDENT-ELECT - FORT POLK

    Total calculated
    $0
    Hours/week
    1
  • Moses David

    LOCAL BOARD PRESIDENT-ELECT - CENTRAL

    Total calculated
    $0
    Hours/week
    1
  • Northcutt Karen

    SWLAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Novak Kendra

    LOCAL BOARD PRESIDENT - BATON ROUGE

    Total calculated
    $0
    Hours/week
    1
  • Nugent Smith Lynda

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • O'Neal Danette

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ortego Leslie

    LOCAL BOARD PRESIDENT-ELECT - NORTHSHORE

    Total calculated
    $0
    Hours/week
    1
  • Ouchley Mark

    NAR MEDIUM BOARD

    Total calculated
    $0
    Hours/week
    1
  • Phillips Tricia

    RVP REGION II

    Total calculated
    $0
    Hours/week
    1
  • Pierre Sabrina

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Reap-Curiel Rhonda

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Reuther Claudette

    AT-LARGE DIRECTOR (2023-2024)

    Total calculated
    $0
    Hours/week
    1
  • Ritchie Matt

    PAST PRESIDENT SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roberts Rick

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roy Dax

    APPRAISAL SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Saporito Scott

    MARKETING & MEMBER SERVICES DIVISION DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scallan Sandra

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • Setliff J Wayne

    NABOR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Simeral Ken

    RAA - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Smith Burton Kai

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Smith Reid

    RAA - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Spicer Carolyn

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Straughan Kyle

    NWLAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tardo Liz

    LOCAL BOARD PRESIDENT - NEW ORLEANS

    Total calculated
    $0
    Hours/week
    1
  • Theaux Christie

    LOCAL BOARD PRESIDENT-ELECT - ACADIANA

    Total calculated
    $0
    Hours/week
    1
  • Toups Tonya

    GBRAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Trusty David

    COMMERCIAL SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tullos Tim

    AT-LARGE DIRECTOR (2022-2023)

    Total calculated
    $0
    Hours/week
    1
  • Tyler Andrea

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wagner Shelly

    NWLAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Waller Rachel

    LOCAL BOARD PRESIDENT-ELECT - NORTHWEST

    Total calculated
    $0
    Hours/week
    1
  • Webber Carolyn

    PROFESSIONAL DEVELOPMENT DIVISION DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Welsh Jeffrey

    GBRAR-NAR SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Whealdon Phoebe

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wiggins Ginger

    NOMAR - DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wolford Evelyn

    NAR STATE SPECIALTY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Woods Chelita

    BAYOU - 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. 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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study

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

No itemized grants to organizations 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.

  • LOUISIANA REALTORS ASSOCIATION RELIEF FUND

    501(C)(3) · TO PROVIDE ASSISTANCE TO VICTIMS AFFECTED BY NATURAL DISASTERS · LA

    Directly controlled by NONE

  • LOUISIANA REAL ESTATE EDUCATION FOUNDATION

    501(C)(3) · TO FOSTER EDUCATION IN THE FIELD OF REAL ESTATE · LA

    Directly controlled by NONE

  • LOUISIANA REALTORS POLITICAL ACTION COMMITTEE

    SECTION 527 · TO SUPPORT CANDIDATES FOR ELECTION TO LEGISLATIVE AND EXECUTIVE OFFICES · LA

    Directly controlled by NONE

  • FRIENDS OF LOUISIANA REAL ESTATE

    SECTION 527 · TO SUPPORT STATE CANDIDATES THROUGH INDEPENDENT EXPENDITURES · LA

    Directly controlled by NONE

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • LR OIL SPILL CLAIM FUND

    FUND TO ASSIST REAL ESTATE LICENSES FOR LOSS IN BP OIL SPILL · LA

    Directly controlled by LA REALTORS IS SOLE MEMBER OF LLC

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349325941

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.