Overview
What is Rhode Island Association Of Realtors Inc?
The Rhode Island Association of Realtors Inc, situated in Warwick, Rhode Island, serves as a hub for real estate professionals in the state. Their primary objective is to provide continuous education and information to its members, fostering a conducive environment for their professional growth. Financially, the association's membership dues contribute to achieving pre-planned objectives, funding administrative expenses, leadership training, strategic planning, and lobbying efforts among other expenses. The dues also cover membership services, communication and public relations, and various overhead costs. The association's mission encompasses promoting high standards in real estate transactions, advocating for home ownership, and collaborating with local organizations for civic development and economic growth.
Official website here: www.rirealtors.org
What do the Facebook reviews say about Rhode Island Association Of Realtors Inc?
96% of 34 reviewers on Facebook recommend the Rhode Island Association of Realtors Inc. Here is a summary of their reviews:
Many participants have expressed their satisfaction with the educational offerings, particularly highlighting a class on Risk Management as "great." The consistent praise for the quality of classes indicates that the nonprofit is effectively delivering valuable training and resources to its members.
Overall, this positive sentiment suggests that the Rhode Island Association of Realtors is successfully meeting the educational needs of its community, reinforcing their commitment to professional development in the real estate sector.
This AI summary has been generated from reviews found on Facebook.
Is Rhode Island Association Of Realtors Inc legitimate?
Rhode Island Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rhode Island Association Of Realtors Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $432,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,601,261
For more financial information, click here
Official website here: www.rirealtors.org
What is the mission statement of Rhode Island Association Of Realtors Inc?
The Rhode Island Association of Realtors Inc exists with the primary objective of offering continuous education and relevant information to its members. Its mission is multifaceted, primarily aimed at exerting collective influence on matters affecting real estate interests. The association facilitates better business transactions for Realtors and their clients by adopting appropriate rules and regulations. It promotes high standards of conduct in the real estate sector and encourages individual homeownership as a profitable investment. The organization also cooperates with other organizations to foster civic development and economic growth in the state. Furthermore, it establishes a grassroots connection with homeowners and property owners to promote civic development and economic growth in Rhode Island.
Official website here: www.rirealtors.org
Who is the CEO of Rhode Island Association Of Realtors Inc?
Philip Tedesco is the CEO of Rhode Island Association Of Realtors Inc The CEO's salary of Rhode Island Association Of Realtors Inc is $298,023 and their total compensation is $345,394.
Official website here: www.rirealtors.org
What is the revenue of Rhode Island Association Of Realtors Inc?
Rhode Island Association Of Realtors Inc's revenue in 2023 was $3,280,816.
Official website here: www.rirealtors.org
Who are the executives of Rhode Island Association Of Realtors Inc and what are their salaries?
The average compensation at Rhode Island Association Of Realtors Inc during 2023 was $70,130. There are 29 employees and 55 volunteers at Rhode Island Association Of Realtors Inc.
Here are 45 key members and their salaries (Rhode Island Association Of Realtors Inc's CEO's salary is $298,023 and their total compensation is $345,394):
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- Compensation: $298,023
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Official website here: www.rirealtors.org
Where can I find the form 990 for Rhode Island Association Of Realtors Inc?
Rhode Island Association Of Realtors Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rirealtors.org
Learn more at the official website: www.rirealtors.org
Mission Statement of Rhode Island Association Of Realtors Inc
The Rhode Island Association of Realtors Inc exists with a primary mission to unite the realtors within the state and exert a combined influence on matters affecting real estate interests. Its purpose extends beyond this, aiming to enable realtors and others to conduct their business related to buying, selling, renting, and maintaining real estate more effectively for their own benefit and that of their clients.
To further its mission, the Rhode Island Association of Realtors Inc promotes and maintains high standards of conduct in the transaction of real estate. By doing so, it seeks to empower homeowners and property owners in the state of Rhode Island to view home and real estate ownership as a wise and profitable investment. Additionally, the association collaborates with other organizations to contribute to the civic development and economic growth of the state of Rhode Island.
In essence, the Rhode Island Association of Realtors Inc serves as a unifying force for realtors in the state, providing them with the necessary resources and tools to conduct their business efficiently while adhering to high standards of conduct. By advocating for home and real estate ownership as a valuable investment, the association aims to support the financial well-being of its members and their clients, while simultaneously contributing to the overall economic growth and development of the state of Rhode Island.
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Impact
October, 2024
The Rhode Island Association of Realtors Inc significantly impacts the state's real estate profession and community at large. By providing essential continuing education and resources to its members, the Association empowers realtors to operate effectively within the market, enhancing their ability to serve clients in buying, selling, and renting properties.
Through the establishment of high standards of conduct, the Association fosters professionalism and integrity among its members, which is crucial for maintaining trust in real estate transactions. This commitment not only benefits realtors but also protects the interests of homebuyers and sellers across Rhode Island.
The Association also plays an advocacy role, exerting a collective influence on legislative matters affecting real estate interests. By funding lobbying efforts and strategic initiatives, it ensures that the voice of Rhode Island’s real estate professionals is heard in discussions that impact the industry, contributing to an environment conducive to economic growth.
Furthermore, the Rhode Island Association of Realtors promotes homeownership as a viable investment, encouraging individuals and families to invest in property. This focus on individual ownership not only enhances personal wealth but also strengthens communities.
By collaborating with various organizations for civic development and economic advancement, the Association acts as a bridge linking property owners and the broader community. Through its initiatives and programs, it fosters connections that promote community improvement, ultimately contributing to a vibrant and sustainable real estate market in Rhode Island.
This information is meant to be a general summary of Rhode Island Association Of Realtors Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $105,202
- Program Service Revenue: $1,782,089
- Gross Receipts: $3,280,816
Assets and Liabilities:
- Total Assets: $4,745,040
- Total Liabilities: $1,195,322
- Net Assets: $3,549,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,255,164
EDUCATION PROGRAMS
Revenue
$410,798
OTHER
Revenue
$91,840
ANNUAL CONVENTION
Revenue
$24,287
Organization Details
Founding Year
1963
Principal Officer
Philip B Tedesco
Website
www.rirealtors.orgNTEE Category
Code: S47 - Community improvement
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