Form 990 for tax year 2022
Filed by COBB ASSOCIATION OF REALTORS INC.
Totals
- Total revenue
- $585,757
- Total expenses
- $560,755
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $581,523
- Investment income
- $1,024
- Other revenue
- $3,210
- Total assets, end of year
- $1,207,601
- Total liabilities, end of year
- $724,879
- Net assets or fund balances, end of year
- $482,722
- 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 $454,730 · related or exempt $454,730
-
2b · Program service revenue: Committee Services
total $113,334 · related or exempt $113,334
-
2c · Program service revenue: Real Estate School
total $13,459 · related or exempt $13,459
-
3 · Investment income
total $1,024 · excluded $1,024
-
6a · Gross rents
real property $38,790
-
6b · Less rental expenses
real property $35,884
-
6c · Rental income or loss
real property $2,906
-
6d · Net rental income or loss
total $2,906 · excluded $2,906
-
8a · Fundraising events: gross income
$39,960
-
8b · Fundraising events: direct expenses
$39,656
-
8c · Net income from fundraising events
total $304 · excluded $304
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $112,877
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $68,046
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $10,467
-
11a · Fees: management
total $34,895
-
11b · Fees: legal
total $17,540
-
11c · Fees: accounting
total $2,250
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $36,058
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $30,624
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $93,789
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,267
-
23 · Insurance
total $0
-
24a · Other expenses: Dues, bank fees, and other
total $33,683
-
24b · Other expenses: Membership services
total $69,669
-
24c · Other expenses: Committee services
total $39,901
-
24d · Other expenses: Real estate school
total $6,689
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $394,726 · end of year $720,438
-
2 · Savings and temporary cash investments
beginning of year $159,539 · end of year $344,247
-
9 · Prepaid expenses and deferred charges
end of year $4,845
-
10a · Land, buildings and equipment: cost or other basis
$846,377
-
10b · Land, buildings and equipment: accumulated depreciation
$708,306
-
10c · Land, buildings and equipment, net
beginning of year $139,518 · end of year $138,071
-
19 · Deferred revenue
beginning of year $215,586 · end of year $268,063
-
25 · Other liabilities
beginning of year $20,477 · end of year $456,816
-
27 · Net assets without donor restrictions
beginning of year $457,720 · end of year $482,722
Mission and programs · 2022
Mission
The purpose of The Cobb Association of Realtors, Inc. is to provide unity among the real estate profession, encourage and promote a high standard of conduct in the profession, further the interest of real property ownership and designate those individuals licensed as realtors.
Activities or mission (Part I)
To provide unity among the real estate profession, encourage and promote a high standard of conduct in the profession, further the interest of real property ownership and designate those individuals licensed as realtors.
-
To provide unity among real estate professionals through membership services, committee experiences, and real estate education programs.
As filed on the 2022 return.
Listed in Part VII
-
Michael Faulkner
CEO
- Total calculated
- $112,877
- From this org
- $112,877
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Wendy Gravlin Chambers
President
- Total calculated
- $0
- Hours/week
- 1
-
Sierra Westrick
President-Elect
- Total calculated
- $0
- Hours/week
- 1
-
Leah Stankiewicz
VP of Admin and Finance
- Total calculated
- $0
- Hours/week
- 1
-
Cassandra Oliver
VP of Government Affairs
- Total calculated
- $0
- Hours/week
- 1
-
Shelley Bell
VP or Member Services
- Total calculated
- $0
- Hours/week
- 1
-
Veda Wood
VP of Professional Development
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly Jones
Director
- Total calculated
- $0
- Hours/week
- 1
-
Angela Barner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Derek Whitner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kinser Euler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Norm Kennedy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael McCreary
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332919349301148
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