Overview
What is Detroit Lakes Area Board Of Realtors Inc?
Detroit Lakes Area Board of Realtors Inc, a nonprofit based in Detroit Lakes, Minnesota (AddressLine1Txt: "22930 COUNTY HWY 6"), is committed to upholding the highest ethical standards in the real estate industry. It provides resources and support to its members, ensuring they maintain professionalism and cooperation. The organization offers various products, programs, and services tailored to the evolving needs of the real estate sector and its consumers. Additionally, Detroit Lakes Area Board of Realtors Inc serves as a prominent advocate for private property rights and fosters community involvement by raising awareness and providing public exposure. The nonprofit operates with a small workforce of just two individuals.
Is Detroit Lakes Area Board Of Realtors Inc legitimate?
Detroit Lakes Area Board Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Detroit Lakes Area Board 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: $60,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $200
For more financial information, click here
What is the mission statement of Detroit Lakes Area Board Of Realtors Inc?
The Detroit Lakes Area Board of Realtors Inc. is committed to upholding high ethical and professional standards among its members. They strive to provide necessary products, programs, and services that cater to the evolving needs of the real estate industry and its consumers. Additionally, they serve as a leading advocate for private property rights and support community involvement by fostering awareness and providing public exposure. The organization plays a pivotal role in educating real estate agents, ensuring MLS access, and offering support to its members, all while advocating for ethical conduct in the real estate sector.
Who is the CEO of Detroit Lakes Area Board Of Realtors Inc?
Kari Sahr is the Executive Director of Detroit Lakes Area Board Of Realtors Inc.
What is the revenue of Detroit Lakes Area Board Of Realtors Inc?
Detroit Lakes Area Board Of Realtors Inc's revenue in 2022 was $321,665.
Who are the executives of Detroit Lakes Area Board Of Realtors Inc and what are their salaries?
The average compensation at Detroit Lakes Area Board Of Realtors Inc during 2022 was $30,478. There are 2 employees and 20 volunteers at Detroit Lakes Area Board Of Realtors Inc.
Here are 10 key members and their salaries:
- Compensation: $60,756
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Where can I find the form 990 for Detroit Lakes Area Board Of Realtors Inc?
Detroit Lakes Area Board Of Realtors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Detroit Lakes Area Board Of Realtors Inc
Detroit Lakes Area Board of Realtors Inc is committed to upholding the highest ethical and professional standards within its membership. This nonprofit organization seeks to foster cooperation among its members, acting as a unified body within the real estate industry. Beyond this, Detroit Lakes Area Board of Realtors Inc aims to meet the evolving needs of both the real estate industry and its consumers. They accomplish this by providing a range of products, programs, and services designed to cater to these needs.
In addition to its role within the real estate sector, Detroit Lakes Area Board of Realtors Inc also serves as a prominent advocate for private property rights. This advocacy work is coupled with a dedication to building awareness and providing public exposure, thereby strengthening the community's involvement in real estate matters. By adhering to these principles, Detroit Lakes Area Board of Realtors Inc strives to create a harmonious and collaborative environment within the real estate industry, while simultaneously advocating for the rights of property owners and contributing to the broader community.
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Impact
October, 2024
The Detroit Lakes Area Board of Realtors Inc significantly enhances the local real estate landscape by promoting high ethical and professional standards among its members. By providing comprehensive training and resources, it ensures that real estate agents are well-prepared to meet the evolving needs of both the industry and consumers.
This organization advocates vigorously for private property rights, positioning itself as a key voice in the community. Its initiatives not only support real estate professionals but also foster community involvement, raising awareness about important issues and providing public exposure to relevant topics. Through agent education, multiple listing service (MLS) access, and support for REALTORS®, the Board contributes to a more informed and engaged community.
Moreover, by encouraging cooperation and collaboration among its members, the Board strengthens the real estate network in the Detroit Lakes area, enhancing service quality for buyers and sellers alike. Ultimately, its commitment to ethical standards and community improvement fosters a thriving environment for real estate transactions, benefiting residents and contributing to the overall vitality of the region.
This information is meant to be a general summary of Detroit Lakes Area Board 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 2022.
- Investment Income: $958
- Program Service Revenue: $320,707
- Gross Receipts: $321,665
Assets and Liabilities:
- Total Assets: $771,258
- Total Liabilities: $62,778
- Net Assets: $708,480
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENT EDUCATION
Revenue
$7,025
MEMBERSHIP DUES & FEES
Revenue
$51,994
MLS ACCESS FEES
Revenue
$261,688
Organization Details
Phone
(218) 849-8792Principal Officer
Kari Sahr
Main Address
22930 COUNTY HWY 6, DETROIT LAKES, MN, 56501
NTEE Category
Code: S47 - Community improvement
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