Form 990 for tax year 2022
Filed by HOWARD COUNTY ASSOCIATION OF REALTORS INC.
Totals
- Total revenue
- $1,049,617
- Total expenses
- $1,027,384
- Contributions and grants received
- $0
- Grants paid
- $8,317
- Program service revenue
- $892,529
- Investment income
- $145,742
- Other revenue
- $11,346
- Total assets, end of year
- $3,388,135
- Total liabilities, end of year
- $290,487
- Net assets or fund balances, end of year
- $3,097,648
- 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $727,810 · related or exempt $727,810
-
2b · Program service revenue: EVENTS
total $70,998 · related or exempt $70,998
-
2c · Program service revenue: MARS ADMIN SUPPORT FEE
total $63,220 · related or exempt $63,220
-
2d · Program service revenue: NAR/MAR/BRIGHT MLS INC
total $19,130 · related or exempt $19,130
-
2e · Program service revenue: EDUCATION
total $9,271 · related or exempt $9,271
-
2f · All other program service revenue
total $2,100 · unrelated business $2,100
-
3 · Investment income
total $149,737 · excluded $149,737
-
6a · Gross rents
real property $100
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $100
-
6d · Net rental income or loss
total $100 · related or exempt $100
-
7a · Gross sales of assets other than inventory
securities $14,048
-
7b · Less cost or other basis and sales expenses
securities $18,043
-
7c · Gain or loss
securities -$3,995
-
7d · Net gain or loss
total -$3,995 · excluded -$3,995
-
10a · Gross sales of inventory
$8,401
-
10b · Cost of goods sold
$5,908
-
10c · Net income from sales of inventory
total $2,493 · unrelated business $2,493
-
11a · Other revenue: INSURANCE PAYMENT
total $4,565 · excluded $4,565
-
11b · Other revenue: REWARDS POINTS
total $4,037 · excluded $4,037
-
11c · Other revenue: OTHER MISC. INCOME
total $151 · excluded $151
-
11e · Other revenue, total
$8,753
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $8,317
-
5 · Compensation of officers, directors and key employees
total $131,085
-
7 · Other salaries and wages
total $285,556
-
8 · Pension plan contributions
total $1,692
-
9 · Other employee benefits
total $27,270
-
10 · Payroll taxes
total $31,352
-
11b · Fees: legal
total $6,330
-
11c · Fees: accounting
total $46,277
-
11g · Fees: other
total $10,116
-
12 · Advertising and promotion
total $8,469
-
13 · Office expenses
total $53,144
-
14 · Information technology
total $37,716
-
16 · Occupancy
total $56,479
-
17 · Travel
total $38,412
-
19 · Conferences, conventions and meetings
total $215,282
-
20 · Interest
total $2,009
-
22 · Depreciation, depletion and amortization
total $52,754
-
23 · Insurance
total $6,509
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $3,004
-
24b · Other expenses: GIFTS AND AWARDS
total $2,859
-
24c · Other expenses: MISCELLANEOUS
total $2,452
-
24d · Other expenses: UBI TAX
total $300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,338,661 · end of year $450,242
-
2 · Savings and temporary cash investments
beginning of year $703,376 · end of year $1,042,583
-
8 · Inventories for sale or use
beginning of year $7,440 · end of year $5,273
-
9 · Prepaid expenses and deferred charges
beginning of year $15,409 · end of year $25,604
-
10a · Land, buildings and equipment: cost or other basis
$1,715,239
-
10b · Land, buildings and equipment: accumulated depreciation
$440,294
-
10c · Land, buildings and equipment, net
beginning of year $1,327,291 · end of year $1,274,945
-
11 · Investments: publicly traded securities
beginning of year $39,577 · end of year $589,488
-
17 · Accounts payable and accrued expenses
beginning of year $60,887 · end of year $54,135
-
19 · Deferred revenue
beginning of year $220,630 · end of year $221,451
-
23 · Secured mortgages and notes payable
end of year $10,657
-
24 · Unsecured notes and loans payable
beginning of year $77,400
-
25 · Other liabilities
beginning of year $6,748 · end of year $4,244
-
27 · Net assets without donor restrictions
beginning of year $3,066,089 · end of year $3,097,648
Mission and programs · 2022
Mission
TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSES OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS.
Activities or mission (Part I)
TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSES OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION OF RELATED INTERESTS.
-
MEMBERSHIP - THE ASSOCIATION PROVIDES ITS BUSINESS MEMBERS WITH EVENTS AND INFORMATION DESIGNED TO ASSIST THEM IN SUCCESSFULLY CONDUCTING THEIR BUSINESSES WITHIN HOWARD COUNTY. AS OF OCTOBER 31, 2023, THE ASSOCIATION PROVIDED 2,284 BUSINESS MEMBERS WITH THE AFOREMENTIONED EVENTS AND INFORMATION.
-
EVENTS - THE ASSOCIATION OFFERS OPPORTUNITIES TO MAKE NEW BUSINESS CONTACTS AND NETWORK WITH OTHER BUSINESS PEOPLE AT VARIOUS PROGRAMS AND EVENTS THAT IT ORGANIZES DURING THE YEAR. IT ALSO HOLDS EVENTS FOR THE PURPOSE OF PROVIDING INFORMATION AND RESOURCES THAT IMPACT BUSINESS TO ITS MEMBERS. FOR THE YEAR ENDED OCTOBER 31, 2023, THE ASSOCIATION ORGANIZED FIVE EVENTS.
-
EDUCATION - THE ASSOCIATION OFFERS A NUMBER OF EDUCATIONAL CLASSES IN ORDER TO KEEP ITS MEMBERS UPDATED IN THE FIELD.
-
GOVERNMENT AFFAIRS - THE ASSOCIATION MONITORS COUNTY AND LEGISLATIVE ACTIVITIES THAT AFFECT THE CONDUCT OF ITS MEMBERS' BUSINESSES.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robbyn HarrisROBBYN HARRIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Piet De DreuPIET DE DREU
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Jimmie JenningsJIMMIE JENNINGS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Cleaveland HortonCLEAVELAND HORTON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Sarah AndersonSARAH ANDERSON
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Richard GreenRICHARD GREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Anita KestelANITA KESTEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Caitlin McKennaCAITLIN MCKENNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve MillerSTEVE MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dawn DavisDAWN DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cassandra DorseyCASSANDRA DORSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Donnell SpiveyDONNELL SPIVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Malaika TylerMALAIKA TYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tony ZowdTONY ZOWD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sarah RayneSARAH RAYNE
CEO
- Total calculated
- $101,041
- From this org
- $91,432
- From related orgs
- $0
- Other
- $9,609
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 September 2024
- IRS schema version
- 2022v5.0
- Source object
- 202412559349301161
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