Bay County Realtor Association Inc

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

EIN: 382182870 ✦ Bay city, MI ✦ Designated as a 501(c)(6)

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Overview

What is Bay County Realtor Association Inc?

Bay County Realtor Association Inc, located in Bay City, Michigan, is a nonprofit organization with a primary focus on promoting the real estate business in the region. With a team of four dedicated individuals, they provide educational programs and meetings to keep their member realtors updated on the conduct of their businesses. The Multiple Listing Service they manage serves as a valuable resource for the public, offering information about homes listed for sale. The association's fundamental mission is to educate its realtor members in the legal and ethical aspects of transacting real property sales, thereby contributing to the overall growth and success of the real estate market in Bay County, Michigan.


Official website here: www.baycityhomes.com

Is Bay County Realtor Association Inc legitimate?

Bay County Realtor Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bay County Realtor Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,853

For more financial information, click here


Official website here: www.baycityhomes.com

What is the mission statement of Bay County Realtor Association Inc?

The Bay County Realtor Association Inc is committed to advancing the real estate business. One of its primary objectives is to educate its member realtors about the legal and ethical aspects of transacting property sales. Additionally, the association promotes the real estate industry by organizing educational programs and meetings that provide valuable updates and information to its members, helping them manage their businesses effectively. The Multiple Listing Service, a service provided by the association, offers public information regarding homes listed for sale, contributing to the transparency of the real estate market. Overall, the Bay County Realtor Association Inc aims to support and empower its members in the real estate industry.


Official website here: www.baycityhomes.com

Who is the CEO of Bay County Realtor Association Inc?

Lisa Macgregor is the Executive Di of Bay County Realtor Association Inc.


Official website here: www.baycityhomes.com

What is the revenue of Bay County Realtor Association Inc?

Bay County Realtor Association Inc's revenue in 2022 was $281,009.


Official website here: www.baycityhomes.com

Who are the executives of Bay County Realtor Association Inc and what are their salaries?

The average compensation at Bay County Realtor Association Inc during 2022 was $25,713. There are 4 employees at Bay County Realtor Association Inc.


Here are 9 key members and their salaries:


Lisa Macgregor (Executive Di)
  • Compensation: $55,770
  • Related: $0
  • Other: $0
Justis Heppner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbi Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Siefert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Yost-Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Beckrow (Imm Past Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Glaza (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Maillette (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Short (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.baycityhomes.com

Where can I find the form 990 for Bay County Realtor Association Inc?

Bay County Realtor Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.baycityhomes.com

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

Mission Statement of Bay County Realtor Association Inc

Bay County Realtor Association Inc is dedicated to advancing the real estate industry within its region. Its primary mission involves promoting the business of real estate in Bay County, Michigan, while simultaneously educating its member realtors in the legal and ethical aspects of transacting property sales. By organizing educational programs and regular meetings, the association ensures that its members stay updated on the nuances of their profession, thereby enabling them to conduct their businesses effectively. Furthermore, the Multiple Listing Service (MLS) provided by Bay County Realtor Association Inc disseminates information about homes listed for sale to the public, thereby facilitating smoother transactions for both realtors and homebuyers. In essence, Bay County Realtor Association Inc serves as a vital resource for both real estate professionals and potential homeowners, fostering a well-informed and ethically sound real estate market.

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Impact




October, 2024

Bay County Realtor Association Inc significantly impacts the real estate landscape in Bay County, Michigan, by fostering professionalism and ethical conduct among its Realtor members. Through a robust framework of education programs and meetings, the association equips its members with up-to-date knowledge on legal requirements and business ethics surrounding real property transactions. This commitment to ongoing education ensures that real estate professionals are well-prepared to navigate the complexities of the market.

Additionally, the association operates a Multiple Listing Service (MLS), which serves as an essential resource for both members and the public. This service enhances transparency in the housing market by providing comprehensive information about homes listed for sale, thereby facilitating informed decision-making for buyers and sellers alike.

By promoting the real estate business in Bay County and prioritizing ethical practices, the Bay County Realtor Association Inc contributes to community improvement and real estate market stability, benefiting not only Realtors but the broader community as well.




This information is meant to be a general summary of Bay County Realtor Association 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
$281,009 (2022)
Expenses
$297,062 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Program Service Revenue: $264,046
  • Gross Receipts: $329,729

Assets and Liabilities:

  • Total Assets: $327,417
  • Total Liabilities: $136,905
  • Net Assets: $190,512

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Programs

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

MULTIPLE LISTING SERVICE

Revenue

$164,674

DUES AND FEES

Revenue

$44,470

LOCK BOXES

Revenue

$40,483

EDUCATION PROGRAMS

Revenue

$8,284

PUBLIC RELATIONS

Revenue

$6,135

Organization Details

Founding Year

1946

Principal Officer

Lisa Macgregor

Main Address

901 SAGINAW STREET, BAY CITY, MI, 48708

NTEE Category

Code: S47 - Community improvement

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