Alabama Association Of Realtors Inc in Montgomery, Alabama (AL)

Table of contents:

Organization representatives - add corrected or new information about Alabama Association Of Realtors Inc »

Non-representatives - add comments about Alabama Association Of Realtors Inc»

Alabama Association Of Realtors Inc
Employer Identification Number (EIN)630380775
Name of OrganizationAlabama Association Of Realtors Inc
AddressPO BOX 4070, Montgomery, AL 36103-4070
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Professional association, Real estate association
SubsectionReal Estate Board
Ruling Date12/1944
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$12,989,049
Amount of Income$9,953,285
Form 990 Revenue Amount$9,952,750
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.224.225.86 will be logged.

Amount of income in 2011: $9,953,285
Alabama Association Of Realtors Inc: 

 $9,953,285
Other organizations performing similar types of work: 

 $1,900,067

Assets in 2011: $12,989,049
This organization: 

 $12,989,049
Other organizations performing similar types of work: 

 $10,116,231

Expenses in 2001: $1,294,892
This organization: 

 $1,294,892
Other organizations performing similar types of work: 

 $1,033,164

Income to expenses ratio in 2001: 1.4
Alabama Association Of Realtors Inc: 

 1.4
Other organizations performing similar types of work: 

 1.1

Number of employees in 2001: 8
Alabama Association Of Realtors Inc: 

 8
Other organizations performing similar types of work: 

 10

Financial snapshot ($)

Revenue for 2001

Assets at end of 2001

Income-Producing Activities for 2001

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001
Total revenue$1,804,242$1,789,116
Contributions, gifts, grants, and similar amounts received$0$0
Contributions to donor advised funds
Direct public support$0$0
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$294,478$291,432
Membership dues and assessments$1,286,435$1,282,778
Interest on savings and temporary cash investments$168,885$177,226
Dividends and interest from securities$0$0
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$-2,622$-1,860
Gross amount from sales of assets other than inventory$450$0
Less: cost or other basis and sales expenses$3,072$1,860
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$57,066$39,540
Total expenses$1,287,528$1,294,892
Program services$0$0
Management and general$0$0
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$2,694,025$3,188,249
Excess or (deficit) for the year$516,714$494,224
Net assets or fund balances at beginning of year$2,177,311$2,694,025
Other changes in net assets or fund balances$0$0
Statement of Functional Expenses (for 2001)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,294,892$0$0$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$129,576$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$322,730$0$0$0
Pension plan contributions not included above$46,687$0$0$0
Employee benefits not included above$25,309$0$0$0
Payroll taxes$33,326$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$19,105$0$0$0
Legal fees$18,144$0$0$0
Supplies$0$0$0$0
Telephone$23,990$0$0$0
Postage and shipping$25,726$0$0$0
Occupancy$23,597$0$0$0
Equipment rental and maintenance$32,840$0$0$0
Printing and publications$0$0$0$0
Travel$87,890$0$0$0
Conferences, conventions, and meetings$167,697$0$0$0
Interest$580$0$0$0
Depreciation, depletion, etc.$52,687$0$0$0
Other expenses not covered above$285,008$0$0$0
Balance Sheets
20002001
Total assets$2,894,696$3,255,196
Cash - non-interest-bearing$11,645$8,427
Savings and temporary cash investments$473,918$708,331
Accounts receivable less allowance for doubtful accounts$292,383$428,631
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$1,536,618$1,536,618
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$21,111$15,452
Investments - publicly-traded securities
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$1,000$1,000
Land, buildings, and equipment less accumulated depreciation$542,176$538,166
Other assets, including program-related investments$15,845$18,571
Total liabilities$200,671$66,947
Accounts payable and accrued expenses$39,855$42,087
Grants payable$0$0
Deferred revenue$104,853$24,860
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$55,963$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$2,894,696$3,255,196
Total net assets or fund balances$2,694,025$3,188,249
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001
Total revenue$1,804,242$1,789,116
Total revenue, gains, and other support per audited financial statements$1,806,864$1,790,976
Other expenses$2,622$1,860
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$2,622$1,860
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001
Total expenses$1,287,528$1,294,892
Total expenses and losses per audited financial statements$1,290,150$1,296,752
Other revenue$2,622$1,860
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$2,622$1,860
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$1,282,778
Section 162(e) lobbying and political expenditures$222,292
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$230,900
Taxable amount of lobbying and political expenditures$-8,608
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20068
Analysis of Income-Producing Activities (for 2001)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$39,540$359,055$1,390,521
Program service revenue
Program service revenue 1000000$000$0$95,385
Program service revenue 2000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$183,689$0
Program service revenue 3000000$000$0$12,358
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$1,282,778
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$177,226$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-1,860$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueAdvertising and related services$39,54000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2001)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
631186610100%$422$35,516
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2001)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2001)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000
Total$0$0
Gifts, grants, and contributions received$0$0
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2001)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$9,952,750
Contributions, Gifts, Grants and Other Similar Amounts$121,921
Program Service Revenue$9,781,195
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$35,052
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-535
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $535
Gain or (loss) (Securities / Other)$0 / $-535
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$15,117
Statement of Functional Expenses (for 2011)
Total functional expenses$9,908,957
Compensation of current officers, directors, trustees, and key employees$225,958
Other salaries and wages$400,137
Payroll taxes$45,753
Professional fundraising services$0
Other$9,237,109
Balance Sheet (for 2011)
Total assets$12,989,049
Total liabilities$6,092,845
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$5,435,415
Unsecured notes and loans payable to unrelated third parties$0
Other$657,430
Total net assets or fund balances$6,896,204
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Alabama Association Of Realtors Inc to others? (optional)
  
Add photo of Alabama Association Of Realtors Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1National Association Of RealtorsPo Box 475, Patterson, NY 12563NY1934-12$236,082,198
2California Association Of Realtors Inc525 S Virgil Ave, Los Angeles, CA 90020-1403CA1938-01$73,258,468
3Royal Charter Properties Inc525 E 68 St Box 156, New York, NY 10065-4870NY1983-08$47,290,571
4Florida Association Of Realtors7025 Augusta National Blvd, Orlando, FL 32822-5017FL1950-01$27,249,080
5Texas Association Of Realtors1115 San Jacinto Blvd Ste 200, Austin, TX 78701-1994TX1945-02$26,323,357
6National Association Of Real Estate Investments Trusts1875 I St Nw Ste 600, Washington, DC 20006-5413DC1974-02$12,665,267
7Long Island Board Of Realtors Inc300 Sunrise Hwy, West Babylon, NY 11704-5902NY1943-08$12,641,467
8Center For Specialize Realtor Education Inc430 N Michigan Ave, Chicago, IL 60611-4011IL1998-03$11,796,339
9Real Estate Board Of New York Inc570 Lexington Avenue, New York, NY 10022-6837NY1934-12$11,166,107
10Houston Association Of Realtors3693 Southwest Fwy, Houston, TX 77027-7500TX1958-01$10,869,887
11Realtors National Marketing InstituteChicago, IL 60611IL$10,426,240
12Mainstreet Organization Of Realtors6655 Main Street, Downers Grove, IL 60516-2823IL1994-09$10,067,405
13Alabama Association Of Realtors IncPO BOX 4070, Montgomery, AL 36103-4070AL1944-12$9,953,285
14Realtor Association Of Greater Fort Lauderdale Inc1765 Ne 26th St, Wilton Manors, FL 33305-1438FL1947-12$8,464,645
15Austin Board Of Realtors10900 Stonelake Blvd No 100, Austin, TX 78759-5795TX1964-09$8,303,180
16Illinois Assn Of Realtors522 S 5th St, Springfield, IL 62701-1822IL1946-10$8,298,699
17Massachusetts Association Of Realtors Inc60 Hickory Drive, Waltham, MA 02451-1013MA1969-04$7,623,486
18Honolulu Board Of Realtors1136 12th Ave Ste 200, Honolulu, HI 96816-3796HI1975-11$6,967,976
19Arizona Association Of Realtors255 E Osborn Rd Ste 200, Phoenix, AZ 85012-2358AZ1965-12$6,529,228
20New Jersey Association Of RealtorsPO BOX 2098, Edison, NJ 08818-2098NJ1942-10$6,458,952
21New York State Association Of Realtors130 Washington Ave, Albany, NY 12210-2219NY1926-07$6,399,479
22South Orange County Association Of Realtors25552 La Paz Rd, Laguna Hills, CA 92653-5127CA1975-03$6,207,926
23Maryland Association Of Realtors Inc200 Harry S Truman Pkwy Ste 200, Annapoils, MD 21401-7348MD1957-01$6,080,063
24Kansas City Regional Association Of Realtors Inc11150 Overbrook Rd Ste 100, Leawood, KS 66211-2235KS1954-11$5,482,981
25California Association Of Realtors Issues Mobilization Pac525 S Virgil Ave, Los Angeles, CA 90020-1403CA1988-08$5,230,714
26St Paul Area Board Of Realtors Inc Multiple Listing Service325 Roselawn Ave E, Saint Paul, MN 55117-2035MN1975-09$5,143,633
27Charlotte Regional Realtor Association Inc1201 Greenwood Clfs Ste 200, Charlotte, NC 28204-2844NC1962-02$4,977,551
28Realty Advisory Board On Labor Relations Incorporated292 Madison Avenue, New York, NY 10017-6307NY1937-05$4,877,630
29Hudson Gateway Association Of Realtors Inc60 S Broadway, White Plains, NY 10601-4465NY1943-03$4,493,258
30Appraisal Institute, Alabama Chapter270 Doug Baker Blvd Suite 700-354, Birmingham, AL 35242-2693AL1992-09$54,080
Number of organizations performing similar types of work
Alabama2
Arizona3
California70
Colorado5
Connecticut10
District of Columbia3
Florida9
Georgia6
Hawaii3
Iowa1
Idaho2
Illinois45
Indiana1
Kansas2
Kentucky3
Louisiana2
Massachusetts10
Maryland7
Michigan7
Minnesota5
Missouri1
Mississippi2
Montana1
North Carolina3
North Dakota2
Nebraska1
New Jersey5
New Mexico2
New York48
Ohio6
Oklahoma1
Oregon3
Pennsylvania6
Rhode Island3
South Carolina1
South Dakota1
Tennessee2
Texas47
Virginia6
Vermont1
Washington7
Wisconsin3
West Virginia1
Total349

faqs.org is not associated with, endorsed by, or sponsored by Alabama Association Of Realtors Inc and has no official or unofficial affiliation with Alabama Association Of Realtors Inc