Wisconsin Realtors Association Inc

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

EIN: 390782674 ✦ Madison, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Realtors Association Inc?

Wisconsin Realtors Association Inc, based in Madison, Wisconsin, is a nonprofit organization dedicated to uniting local real estate boards and their members, as well as individual real estate professionals, in the state. Their primary mission is to provide an environment where members can successfully conduct their businesses while serving their clients with the highest level of professionalism. This is achieved through offering programs and services, such as professional development, which includes expenses incurred for information, education, and training related to real estate license law, designations, conventions, legal updates, forms, and member services. With a total of 42 employees, the Wisconsin Realtors Association Inc works towards preserving and enhancing the right to own, transfer, and use real property, collaboratively acting with both local boards and the National Association of Realtors.


Official website here: www.wra.org

Is Wisconsin Realtors Association Inc legitimate?

Wisconsin Realtors Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Realtors 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: $995,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,195,278

For more financial information, click here


Official website here: www.wra.org

What is the mission statement of Wisconsin Realtors Association Inc?

The Wisconsin Realtors Association Inc's mission is to bring together local boards of realtors and their individual members within the state, aiming to support their professional growth and business success. By providing programs and services, the association fosters an environment where realtors can serve their clients effectively with the utmost professionalism. Through cooperative action, the Wisconsin Realtors Association intends to safeguard and enhance the right to own, transfer, and use real property.


Official website here: www.wra.org

Who is the CEO of Wisconsin Realtors Association Inc?

Michael Theo is the Chair Of The Board of Wisconsin Realtors Association Inc. The CEO's salary of Wisconsin Realtors Association Inc is $392,241 and their total compensation is $424,337.


Official website here: www.wra.org

What is the revenue of Wisconsin Realtors Association Inc?

Wisconsin Realtors Association Inc's revenue in 2022 was $8,927,246.


Official website here: www.wra.org

Who are the executives of Wisconsin Realtors Association Inc and what are their salaries?

The average compensation at Wisconsin Realtors Association Inc during 2022 was $75,966. There are 42 employees and 138 volunteers at Wisconsin Realtors Association Inc.


Here are 35 key members and their salaries (Wisconsin Realtors Association Inc's CEO's salary is $392,241 and their total compensation is $424,337):


Bradley Lois (Chair Of The Board)
  • Compensation: $1,780
  • Related: $0
  • Other: $0
Maxelle Rea (Vice President)
  • Compensation: $280
  • Related: $0
  • Other: $0
Chris Devincentis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Horning (Chair Of The Board-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jo Bowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Duff (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Alt (Statewide Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Cappello (Statewide Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Horning (Statewide Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Fulcer (Regional Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Rybarczyk (Regional Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stark (Regional Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sykora (Regional Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Voller Reinking (Regional Company Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Campshure Walczyk (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Govern (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Keefe (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kunesh (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Lillestrand (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Logan (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Mckinney (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Slinkman (Regional Representative Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mills (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Stanley (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hilgenberg (Wra Past Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Sveum (Wra Past Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Sjowall (Current Nar Leadership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Theo (President And Ceo)
  • Compensation: $392,241
  • Related: $0
  • Other: $32,096
Stephanie Larson (Chief Financial Officer)
  • Compensation: $199,671
  • Related: $0
  • Other: $22,490
Thomas Larson (Executive Vice President)
  • Compensation: $301,594
  • Related: $0
  • Other: $32,211
Cori Lamont (Sr Director Of Legal And Public Affairs)
  • Compensation: $191,473
  • Related: $0
  • Other: $14,945
Earl Murray (Director Of Political And Gov Affairs)
  • Compensation: $132,032
  • Related: $0
  • Other: $7,979
Kristi Mikalsen (Vice President Professional Development)
  • Compensation: $129,935
  • Related: $0
  • Other: $7,853
Andrew Mckenzie (Database Developer)
  • Compensation: $120,773
  • Related: $0
  • Other: $9,604
Debra Lloyd (Senior Attorney & Director Of Legal Affairs)
  • Compensation: $118,739
  • Related: $0
  • Other: $9,481


Official website here: www.wra.org

Where can I find the form 990 for Wisconsin Realtors Association Inc?

Wisconsin Realtors Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wra.org

Learn more at the official website: www.wra.org

Mission Statement of Wisconsin Realtors Association Inc

Wisconsin Realtors Association Inc, a unifying body for local real estate boards and their members in Wisconsin, has a mission to serve its members and uphold the National Association of Realtors' principles. The organization aims to provide its members with a conducive environment to conduct their businesses successfully while maintaining the highest degree of professionalism, thereby serving their clients and the public. Through collaborative efforts, Wisconsin Realtors Association Inc preserves and enhances the right to own, transfer, and use real property. The association works tirelessly to foster a sense of unity among its members and local boards, ultimately promoting the success of individual real estate businesses while upholding professional standards.

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Impact




October, 2024

Wisconsin Realtors Association Inc plays a crucial role in enhancing the real estate landscape in Wisconsin. By uniting local boards of REALTORS and individual members, it fosters an environment that supports professional development and ethical practices within the industry. This association provides essential programs and services that enable its members to conduct their businesses effectively while maintaining a high standard of professionalism in serving clients and the public.

Through targeted education, legal updates, and resources, the Wisconsin Realtors Association equips its members with the knowledge needed to navigate the complexities of real estate license law and market dynamics. The association's dedication to cooperative action also contributes significantly to the preservation and enhancement of property rights, ensuring that individuals can own, transfer, and use real property without unnecessary obstacles.

Moreover, the association's impact extends into the community, as it encourages REALTORS to engage in community improvement initiatives, fostering a sense of responsibility and leadership within the industry. By prioritizing both member success and community well-being, the Wisconsin Realtors Association Inc ensures a robust real estate sector that benefits not just its members, but the broader public as well.




This information is meant to be a general summary of Wisconsin Realtors 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
$8,927,246 (2022)
Expenses
$7,393,731 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $234,997
  • Program Service Revenue: $8,542,947
  • Gross Receipts: $9,952,217

Assets and Liabilities:

  • Total Assets: $21,026,159
  • Total Liabilities: $5,540,870
  • Net Assets: $15,485,289

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Programs

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

MEMBER DUES

Revenue

$4,318,589

PROFESSIONAL DEVELOPMENT

Revenue

$4,127,892

RESEARCH AND DEVELOPMENT FUND

Revenue

$75,680

COMMUNICATIONS

Revenue

$20,786

Organization Details

Founding Year

1925

Principal Officer

Michael Theo

Main Address

4801 FOREST RUN ROAD 201, MADISON, WI, 53704

NTEE Category

Code: S47 - Community improvement

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