Highland Lakes Association Of Realtors Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237247361 ✦ Marble falls, TX ✦ Designated as a 501(c)(6)

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Overview

What is Highland Lakes Association Of Realtors Inc?

Highland Lakes Association of Realtors Inc, located in Marble Falls, Texas, serves as a vital resource for approximately 700 real estate professionals. Established with a mission to assist these realtors, the organization aids in connecting them with clients and properties by utilizing a Multiple Listing Service. The association's primary activity involves facilitating real estate-related services, thereby enhancing the professional capabilities of its members. With a modest workforce of five dedicated individuals, Highland Lakes Association of Realtors Inc plays an essential role in the local real estate market.


Official website here: www.highlandlakesrealtors.com

Is Highland Lakes Association Of Realtors Inc legitimate?

Highland Lakes Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Highland Lakes 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: $94,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,338

For more financial information, click here


Official website here: www.highlandlakesrealtors.com

What is the mission statement of Highland Lakes Association Of Realtors Inc?

The Highland Lakes Association of Realtors Inc's mission is centered around assisting realtors in their endeavors. Specifically, the organization aims to help realtors locate potential clients and properties using their Multiple Listing Service. This mission statement is geared towards enhancing the professional capabilities of its nearly 700 members by providing them with essential real estate-related services.


Official website here: www.highlandlakesrealtors.com

Who is the CEO of Highland Lakes Association Of Realtors Inc?

Luanne Coleman is the CEO of Highland Lakes Association Of Realtors Inc The CEO's salary of Highland Lakes Association Of Realtors Inc is $94,850 and their total compensation is $100,368.


Official website here: www.highlandlakesrealtors.com

What is the revenue of Highland Lakes Association Of Realtors Inc?

Highland Lakes Association Of Realtors Inc's revenue in 2023 was $670,981.


Official website here: www.highlandlakesrealtors.com

Who are the executives of Highland Lakes Association Of Realtors Inc and what are their salaries?

The average compensation at Highland Lakes Association Of Realtors Inc during 2023 was $75,547. There are 4 employees and 63 volunteers at Highland Lakes Association Of Realtors Inc.

Here are 12 key members and their salaries (Highland Lakes Association Of Realtors Inc's CEO's salary is $94,850 and their total compensation is $100,368):


Luanne Coleman (Ceo)
  • Compensation: $94,850
  • Related: $0
  • Other: $5,518
Kim Lookabaugh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Hobbs (Pres Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Wing (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanna Syphrett (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mischelle Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bailey Heinatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Houle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Liverman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Osbourne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Ryden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gay Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.highlandlakesrealtors.com

Where can I find the form 990 for Highland Lakes Association Of Realtors Inc?

Highland Lakes Association Of Realtors Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.highlandlakesrealtors.com

Learn more at the official website: www.highlandlakesrealtors.com

Mission Statement of Highland Lakes Association Of Realtors Inc

The Highland Lakes Association of Realtors Inc is committed to assisting its realtor members in locating potential clients and properties. By providing access to a Multiple Listing Service, this organization plays a crucial role in facilitating successful real estate transactions for its members. In essence, the mission of Highland Lakes Association of Realtors Inc is to support its realtor members in their quest to connect with clients and properties, thereby fostering a thriving real estate market.

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Impact




October, 2024

Highland Lakes Association of Realtors Inc significantly impacts the real estate landscape in Marble Falls, TX. By assisting realtors in locating clients and properties through the use of a Multiple Listing Service (MLS), the organization plays a crucial role in enhancing the efficiency and effectiveness of the real estate market in the region.

With nearly 700 members, the association provides a comprehensive array of real estate-related services that streamline processes for both realtors and their clients. This support fosters a more informed and vibrant community, as realtors can effectively connect buyers and sellers, ultimately leading to successful transactions that benefit the entire community.

The association's commitment to community improvement further amplifies its impact, as it not only facilitates individual real estate transactions but also contributes to the overall development and growth of the area. By empowering local realtors, Highland Lakes Association of Realtors Inc strengthens the local economy and enhances the quality of life for residents.




This information is meant to be a general summary of Highland Lakes 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.

Revenue
$670,981 (2023)
Expenses
$1,015,169 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $34,052
  • Program Service Revenue: $620,486
  • Gross Receipts: $710,981

Assets and Liabilities:

  • Total Assets: $2,064,966
  • Total Liabilities: $43,212
  • Net Assets: $2,021,754

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Continuing education

Revenue

$13,722

Member dues and fees

Revenue

$24,800

Member events

Revenue

$13,697

MLS Services

Revenue

$568,267

Organization Details

Founding Year

1977

Principal Officer

Luanne Coleman

NTEE Category

Code: S47 - Community improvement

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