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Southeast Minnesota Association Of Realtors Inc

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

EIN: 410919175 ✦ Rochester, MN ✦ Designated as a 501(c)(6)

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Overview

What is Southeast Minnesota Association Of Realtors Inc?

Southeast Minnesota Association of Realtors Inc, situated in Rochester, Minnesota, is a nonprofit organization with a mission to foster professionalism among real estate professionals in the southeastern region of the state. They primarily focus on monitoring and educating their members, ensuring they maintain high standards in their field. With a team of six dedicated individuals, the association aims to organize and enhance the professional skills of all local realtors, thereby contributing to a more informed and trustworthy real estate market in the area.


Official website here: www.semnrealtors.com

What do the Facebook reviews say about Southeast Minnesota Association Of Realtors Inc?

92% of 10 reviewers on Facebook recommend the Southeast Minnesota Association of Realtors Inc. Here is a summary of their reviews:

Many users express appreciation for the leadership of CEO Karen Becker, praising her and her team's commitment to organization and excellence in the field of real estate. The association is regularly recognized for its innovative approach and effective use of technology, which sets a high standard for other similar organizations across the country.

Overall, the sentiment reflects a strong satisfaction with the services and direction provided by Southeast Minnesota Association of Realtors, highlighting its reputation for professionalism and industry leadership.


This AI summary has been generated from reviews found on Facebook.

Is Southeast Minnesota Association Of Realtors Inc legitimate?

Southeast Minnesota Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southeast Minnesota 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,694

For more financial information, click here


Official website here: www.semnrealtors.com

What is the mission statement of Southeast Minnesota Association Of Realtors Inc?

The Southeast Minnesota Association of Realtors Inc. is dedicated to fostering professionalism among real estate agents in the southeastern region. Their primary objective is to organize, educate, and elevate the skills of these professionals. The association invests in monitoring and educating real estate experts to ensure they maintain high standards and stay updated with industry developments.


Official website here: www.semnrealtors.com

What is the revenue of Southeast Minnesota Association Of Realtors Inc?

Southeast Minnesota Association Of Realtors Inc's revenue in 2023 was $1,415,578.


Official website here: www.semnrealtors.com

Who are the executives of Southeast Minnesota Association Of Realtors Inc and what are their salaries?

The average compensation at Southeast Minnesota Association Of Realtors Inc during 2023 was $55,616. There are 6 employees at Southeast Minnesota Association Of Realtors Inc.

Here are 20 key members and their salaries:


Joseph Eslait (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Folgeson (At Large Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Heise (Membership D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Howell (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Jandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Klassen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lillestrand (At Large Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary L Lindgren (Mnar Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Martin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darcy Morescki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Ohnstad (Owatonna Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Peterson (Winona Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kat Rasmussen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Rogers (Mnar Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Ryan (Rochester Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Schmidt (Albert Lea D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Swanson (Imm Past Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Walsh (Austin Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.semnrealtors.com

Where can I find the form 990 for Southeast Minnesota Association Of Realtors Inc?

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


Official website here: www.semnrealtors.com

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

Mission Statement of Southeast Minnesota Association Of Realtors Inc

The Southeast Minnesota Association of Realtors Inc is committed to a mission that focuses on three key areas: organization, education, and enhancing professionalism. Their primary objective is to bring together all realtors in the southeastern Minnesota region and elevate their professional standards. This organization serves as a platform for learning and growth, ensuring that real estate professionals in the region are well-equipped with the necessary knowledge and skills to excel in their field. The Association's efforts are primarily directed towards monitoring and educating these real estate professionals, thereby contributing to a more proficient and reliable real estate market.

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Impact




October, 2024

Southeast Minnesota Association of Realtors Inc plays a pivotal role in enhancing the professionalism and effectiveness of real estate professionals in the region. By organizing educational initiatives and resources, the association empowers Realtors to stay informed about industry trends, best practices, and regulatory changes, ultimately improving their service to clients and the community.

The association's focus on continuous education fosters a culture of knowledge-sharing and professional development, which enhances the overall quality of real estate transactions in southeastern Minnesota. This commitment to professionalism not only elevates individual Realtors but also contributes positively to the local real estate market, fostering trust and confidence among consumers.

Through its activities, the Southeast Minnesota Association of Realtors Inc also invests in the community by supporting initiatives that lead to community improvement, benefiting both its members and the residents of the region. The association's efforts help to create a more informed and responsible real estate environment, which is essential for the growth and vitality of southeastern Minnesota's communities.




This information is meant to be a general summary of Southeast Minnesota 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
$1,415,578 (2023)
Expenses
$696,773 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $12,626
  • Program Service Revenue: $1,402,602
  • Gross Receipts: $1,417,818

Assets and Liabilities:

  • Total Assets: $1,179,036
  • Total Liabilities: $357,854
  • Net Assets: $821,182

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Programs

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

OTHER

Revenue

$790,863

MEMBER DUES

Revenue

$371,991

BOARD PROGRAMS

Revenue

$117,240

RMLS REIMBURSEMENT

Revenue

$58,333

MANAGEMENT FEE

Revenue

$57,000

Organization Details

Founding Year

1964

Principal Officer

Carrie Klassen

NTEE Category

Code: S47 - Community improvement

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