Form 990 for tax year 2023

Filed by VALDOSTA BOARD OF REALTORS INC.

Totals

Total revenue: $260,709
Total expenses: $127,409
Contributions and grants received: $21,144
Grants paid: $0
Program service revenue: $237,309
Investment income: $2,256
Other revenue: $0
Total assets, end of year: $1,070,241
Total liabilities, end of year: $243,286
Net assets or fund balances, end of year: $826,955
Program services expenses (Part IX): $88,381
Management and general expenses: $34,233
Fundraising expenses: $4,795
Program service expenses (Part III): $88,381

Program services were 69.4% 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.

1e · Government grants (contributions)

$7,000
1f · All other contributions, gifts and grants

$14,144
2a · Program service revenue: MEMBERSHIP DUES

total $226,865 · related or exempt $226,865
2b · Program service revenue: EDUCATION INCOME

total $5,497 · related or exempt $5,497
2c · Program service revenue: MISCELLANEOUS INCOME

total $4,947 · related or exempt $4,947
3 · Investment income

total $2,256 · excluded $2,256

Functional expenses

Part IX, the statement of functional expenses.

11c · Fees: accounting

total $7,725 · management and general $7,725
13 · Office expenses

total $7,161 · program services $3,939 · management and general $3,222
16 · Occupancy

total $27,529 · program services $15,141 · management and general $12,388
19 · Conferences, conventions and meetings

total $52,376 · program services $52,376
22 · Depreciation, depletion and amortization

total $3,473 · program services $3,473
24a · Other expenses: MISCELLANEOUS

total $12,975 · program services $7,136 · management and general $5,839
24b · Other expenses: ALLOCATION TO MLS

total $5,186 · program services $2,852 · management and general $2,334
24c · Other expenses: CONTRIBUTIONS

total $4,795 · fundraising $4,795
24d · Other expenses: EDUCATION COST

total $3,976 · program services $2,187 · management and general $1,789
24e · All other expenses

total $2,213 · program services $1,277 · management and general $936

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $262,088 · end of year $409,165
2 · Savings and temporary cash investments

beginning of year $375,805 · end of year $396,221
4 · Accounts receivable

beginning of year $110,193 · end of year $110,811
7 · Other notes and loans receivable

beginning of year $16,006
10a · Land, buildings and equipment: cost or other basis

$168,335
10b · Land, buildings and equipment: accumulated depreciation

$104,511
10c · Land, buildings and equipment, net

beginning of year $68,316 · end of year $63,824
13 · Investments: program-related

beginning of year $90,220 · end of year $90,220
25 · Other liabilities

beginning of year $227,954 · end of year $243,286
27 · Net assets without donor restrictions

beginning of year $694,674 · end of year $826,955

Mission and programs · 2023

Mission

THE ORGANIZATION STRIVES TO BE AN ADVOCATE FOR PROMOTING REAL ESTATE RIGHTS AND ISSUES, ETHICAL REAL ESTATE BUSINESS PRACTICES, AND PROVIDING PROFESSIONAL DEVELOPMENT AND COMMUNITY SUPPORT IN SERVING THE REAL ESTATE INDUSTRY.

PROVIDED MEMBERS WITH OPPORTUNITIES TO RECEIVE CONTINUING EDUCATION, DISPUTE ARBITRATION, UNIFORMITY OF POLICIES AND PROCEDURES, MONTHLY NEWSLETTERS, AND AWARDS.
PROVIDED MEMBERS WITH OPPORTUNITIES TO RECEIVE CONTINUING EDUCATION, DISPUTE ARBITRATION, UNIFORMITY OF POLICIES AND PROCEDURES, MONTHLY NEWSLETTERS, AND AWARDS.

Expenses $88,381 · Revenue $237,309

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Blair AndersonBLAIR ANDERSON

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Hope BrownHOPE BROWN

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Amelia HidyAMELIA HIDY

PRESIDENT

Total calculated

$0

Hours/week

2 + 2 related
Jake HowellJAKE HOWELL

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Mike LepperMIKE LEPPER

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Janice MacMillanJANICE MACMILLAN

GAR DIRECTOR

Total calculated

$0

Hours/week

2 + 2 related
Ashley McMillanASHLEY MCMILLAN

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Steve MillerSTEVE MILLER

LOCAL DIRECT

Total calculated

$0

Hours/week

2 + 2 related
Suzanne MontgomerySUZANNE MONTGOMERY

GAR DIRECTOR

Total calculated

$0

Hours/week

2 + 2 related
Cindy NealCINDY NEAL

EXECUTIVE

Total calculated

$0

Hours/week

2 + 2 related
Sarah ParkerSARAH PARKER

PRESIDENT EL

Total calculated

$0

Hours/week

2 + 2 related
Kelly RobbinsKELLY ROBBINS

TREASURER

Total calculated

$0

Hours/week

2 + 2 related
Melinda ThomasMELINDA THOMAS

GAR DIRECTOR

Total calculated

$0

Hours/week

2 + 2 related
Misty YearganMISTY YEARGAN

GAR DIRECTOR

Total calculated

$0

Hours/week

2 + 2 related

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.

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.

SOUTH GEORGIA MLS INC

MULTIPLE L · GA

Provenance

Return type: form_990
Tax year: 2023
Filed: 14 May 2024
IRS schema version: 2023v5.0
Source object: 202431369349312283

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