Shreveport-Bossier Board Of Realtors Inc, Northwest Louisiana A in Shreveport, Louisiana (LA)

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Shreveport-Bossier Board Of Realtors Inc, Northwest Louisiana A
Employer Identification Number (EIN)720453576
Name of OrganizationShreveport-Bossier Board Of Realtors Inc
Secondary NameNorthwest Louisiana A
Address2036 East 70th Street, Shreveport, LA 71105
ActivitiesOther services or benefits to members or employees
SubsectionReal Estate Board
Ruling Date08/1948
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2008
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,719,500
Amount of Income$325,860
Form 990 Revenue Amount$269,010
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations



Amount of income in 2008: $325,860
This organization:  $325,860
Other organizations performing similar types of work:  $2,091,207

Assets in 2008: $1,719,500
Shreveport-Bossier Board Of Realtors Inc, Northwest Louisiana A:  $1,719,500
Other organizations performing similar types of work:  $8,942,914

Expenses in 2006: $363,914
This organization:  $363,914
Other organizations performing similar types of work:  $782,084

Income to expenses ratio in 2006: 0.9
Shreveport-Bossier Board Of Realtors Inc, Northwest Louisiana A:  0.9
Other organizations performing similar types of work:  1.1

Number of employees in 2006: 4
This organization:  4
Other organizations performing similar types of work:  10

Employees paid over $50,000 in 2006: 25.0%
This organization:  25.0%
Other organizations performing similar types of work:  0.0%

Financial snapshot ($)

Revenue for 2006

Assets at end of 2006

Income-Producing Activities for 2006

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052006
Total revenue$183,629$351,198$213,495$216,510$227,926$298,127$343,116
Contributions, gifts, grants, and similar amounts received$0$500$0$0$0$0$0
Contributions to donor advised funds$0
Direct public support$0$500$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$52,539$198,281$57,315$64,841$47,601$53,833$60,846
Membership dues and assessments$92,777$113,329$119,142$120,307$142,408$151,574$218,120
Interest on savings and temporary cash investments$268$505$1,595$810$1,461$3,863$7,785
Dividends and interest from securities$0$0$0$0$0$0$0
Net rental income or (loss)$24,267$26,678$25,727$24,005$12,055$-12,822$-7,928
Gross rents$39,463$44,435$42,280$41,185$48,550$36,660$44,075
Less: rental expenses$15,196$17,757$16,553$17,180$36,495$49,482$52,003
Other investment income$0$0$0$0$17,387$3,964$27,973
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$13,778$11,905$9,716$6,547$7,014$97,715$36,320
Total expenses$226,512$322,986$192,823$213,519$197,799$190,706$363,914
Program services$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$141,820$0$0$0$0$0
Net assets or fund balances at end of year$759,549$854,853$935,358$984,897$1,106,993$1,252,383$1,163,027
Excess or (deficit) for the year$-42,883$28,212$20,672$2,991$30,127$107,421$-20,798
Net assets or fund balances at beginning of year$782,193$759,549$854,853$935,358$984,897$1,106,993$1,252,383
Other changes in net assets or fund balances$20,239$67,092$59,833$46,548$91,969$37,969$-68,558
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$363,914$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$6,259
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$55,000$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
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)$0$0$0$0
Salaries and wages of employees not included above$150,798$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$31,843$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$28,524$0$0$0
Other expenses not covered above$91,490$0$0$0
Balance Sheets
2000200120022003200420052006
Total assets$942,868$1,064,016$1,192,578$1,297,020$1,454,482$1,600,722$1,504,381
Cash - non-interest-bearing$191,472$297,696$362,850$436,845$430,704$0$0
Savings and temporary cash investments$0$0$0$0$0$552,806$490,010
Accounts receivable less allowance for doubtful accounts$12,141$455$183$100$850$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$33,250$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$23,944$30,150$50,472$1,750$28,010
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$62,964$130,056$197,111$246,986$406,841$387,455$408,453
Land, buildings, and equipment less accumulated depreciation$674,718$635,586$608,405$582,854$562,683$544,229$545,210
Other assets, including program-related investments$1,573$223$85$85$2,932$81,232$32,698
Total liabilities$183,319$209,163$257,220$312,123$347,489$348,339$341,354
Accounts payable and accrued expenses$4,269$3,241$1,997$31,234$3,406$18,982$23,042
Grants payable$0$0$0$0$0$0$0
Deferred revenue$178,835$205,407$255,123$277,506$319,254$317,505$307,309
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$215$515$100$3,383$24,829$11,852$11,003
Total liabilities and net assets/fund balances$942,868$1,064,016$1,192,578$1,297,020$1,454,482$1,600,722$1,504,381
Total net assets or fund balances$759,549$854,853$935,358$984,897$1,106,993$1,252,383$1,163,027
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052006
Total revenue$183,629$351,198$213,495$216,510$227,926$298,127$343,116
Total revenue, gains, and other support per audited financial statements$198,825$359,435$355,999$372,890$403,997$530,865$609,421
Other expenses$0$-9,520$125,951$139,200$156,963$187,220$214,302
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$-9,520$125,951$139,200$156,963$187,220$214,302
Other revenue$-15,196$-17,757$-16,553$-17,180$-19,108$-45,518$-52,003
Investment expenses$0$0$0$0$0$0$0
Other$-15,196$-17,757$-16,553$-17,180$-19,108$-45,518$-52,003
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052006
Total expenses$226,512$322,986$192,823$213,519$197,799$190,706$363,914
Total expenses and losses per audited financial statements$239,810$327,062$339,056$369,899$394,429$427,603$628,738
Other revenue$15,196$17,757$16,553$17,180$36,495$49,482$52,003
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$15,196$17,757$16,553$17,180$36,495$49,482$52,003
Other expenses$1,898$13,681$-129,680$-139,200$-160,135$-187,415$-212,821
Investment expenses$0$0$0$0$0$0$0
Other$1,898$13,681$-129,680$-139,200$-160,135$-187,415$-212,821
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$55,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings15
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?No
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?No
Does the organization have a written conflict of interest policy?No
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?Yes
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
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)?No
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?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$17,184$46,966$278,966
Program service revenue
Program service revenue 1000000$000$0$33,250
Program service revenue 2000000$000$0$15,998
Program service revenue 3000000$000$0$2,520
Program service revenue 4000000$000$0$9,078
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$218,120
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)$7,785$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 propertyOther activities related to real estate$10,216Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$-18,144$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment incomePassive income activities with controlled organizations$6,968Dividends, 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)$21,005$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$36,320$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
720594157100%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
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 2006)
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$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
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$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
1999200020012002200320042005
Total$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$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$0$0$0$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$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$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$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
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
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1National Association Of RealtorsPo Box 475, Patterson, NY 12563NY1934-12$443,756,344
2California Association Of Realtors Inc525 S Virgil Ave, Los Angeles, CA 90020-1403CA1938-01$94,744,884
3National Association Of Real Estate Investments Trusts1875 Eye Street Nw 600, Washington, DC 20006-5413DC1974-02$18,229,197
4Florida Association Of Realtors7025 Augusta National Dr, Orlando, FL 32822-5017FL1950-01$18,156,507
5Texas Association Of RealtorsPO BOX 2246, Austin, TX 78768-2246TX1945-02$15,424,039
6Houston Association Of Realtors3693 Southwest Fwy, Houston, TX 77027-7500TX1958-01$14,797,225
7Long Island Board Of Realtors Inc300 Sunrise Hwy, West Babylon, NY 11704-5902NY1943-08$12,866,599
8Real Estate Buyers Agent Council Inc430 N Michigan Ave, Chicago, IL 60611-4011IL1998-03$12,804,539
9Realtors National Marketing InstituteChicago, IL 60611IL$10,426,240
10Arizona Association Of Realtors255 E Osborn Rd Ste 200, Phoenix, AZ 85012-2358AZ1965-12$9,234,520
11Austin Board Of Realtors10900 Stonelake Blvd Ste 100, Austin, TX 78759-5826TX1964-09$3,797,694
12Alabama Association Of Realtors IncPO BOX 4070, Montgomery, AL 36103-4070AL1944-12$3,263,065
13Midwest Community Real Estate Management Corporation1200 Maple Rd, Joliet, IL 60432-1439IL1987-10$2,587,364
14Regional Properties Inc9040 Sunset Drive No 70-B, Miami, FL 33173-3432FL1969-09$2,226,101
15Atlanta Board Of Realtors Educational Foundation Inc5784 Lake Forrest Dr, Atlanta, GA 30328-6203GA$1,926,160
16Asheville Board Of Realtors Inc37 Montford Ave, Asheville, NC 28801-2529NC1948-09$1,769,993
17Atlanta Board Of Realtors Inc5784 Lake Forrest Dr, Atlanta, GA 30328-6203GA1980-07$1,609,092
18Ada County Association Of Realtors Inc9550 Bethel Ct, Boise, ID 83709ID1971-04$1,552,015
19Atlantic City & County Board Of Realtors204 E White Horse Pike, Galloway, NJ 08205-9563NJ1941-05$1,045,342
20Birmingham Association Of Realtors IncPO BOX 59609, Birmingham, AL 35259-9609AL1975-01$930,050
21Amarillo Association Of Realtors Inc5601 Enterprise Circle, Amarillo, TX 79106TX1945-07$884,988
22Bonita Springs-Estero Association Of Realtors Inc25300 Bernwood Dr Ste 1, Bonita Spgs, FL 34135-7881FL1980-08$636,807
23San Diego Charitable Real Estate Foundation2508 Historic Decatur Rd Ste 200, San Diego, CA 92106CA1996-05$612,018
24American Industrial Real Estate Association800 W 6th St Ste 800, Los Angeles, CA 90017-2741CA1972-02$458,048
25Association Of Global Real Estate ExecutivesReston, VA 20191VA$383,357
26Shreveport-Bossier Board Of Realtors Inc, Northwest Louisiana A2036 East 70th Street, Shreveport, LA 71105LA1948-08$325,860
27Boone Road ClubPO BOX 722003, Houston, TX 77272-2003TX2003-03$223,290
28Appraisal Institute, Alabama Chapter270 Doug Baker Blvd Ste 700-354, Birmingham, AL 35242-2693AL1992-09$58,662
29Appraisal Institute Central Virginia ChapterRichmond, VA 23229VA$4,910
30Goodwill Industries Building Inc4200 South I-10 Service Rd West No, Metairie, LA 70001LA2008-10$1,000
Number of organizations performing similar types of work
Alabama3
Arizona3
California65
Colorado5
Connecticut9
District of Columbia2
Florida7
Georgia6
Hawaii2
Iowa1
Idaho2
Illinois32
Indiana1
Kansas1
Kentucky1
Louisiana2
Massachusetts8
Maryland5
Michigan6
Minnesota5
Missouri2
Mississippi2
Montana1
North Carolina3
North Dakota2
Nebraska1
New Jersey4
New Mexico2
New York30
Ohio5
Oklahoma1
Oregon3
Pennsylvania5
Rhode Island2
South Carolina1
South Dakota1
Tennessee3
Texas41
Virginia5
Vermont1
Washington6
Wisconsin3
West Virginia1
Total291

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