Pen-Mar Regional Assc Of Realtors

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

EIN: 526064859 ✦ Hagerstown, MD ✦ Designated as a 501(c)(6)

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Overview

What is Pen-Mar Regional Assc Of Realtors?

Pen-Mar Regional Association of Realtors is a nonprofit organization situated in Hagerstown, Maryland. With a modest workforce of three individuals, its primary function is to serve the real estate industry. The association provides a platform for education, research, and information exchange among those engaged in this field. It offers educational programs and sets community and professional standards for its members. In essence, Pen-Mar Regional Association of Realtors is committed to supporting and educating individuals involved in the real estate profession.

Is Pen-Mar Regional Assc Of Realtors legitimate?

Pen-Mar Regional Assc Of Realtors is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pen-Mar Regional Assc Of Realtors 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: $174,901

For more financial information, click here

What is the mission statement of Pen-Mar Regional Assc Of Realtors?

The Pen-Mar Regional Assc of Realtors is dedicated to educating and supporting individuals involved in the real estate profession. Their mission is to provide a platform for knowledge exchange and research within the real estate industry. This organization offers educational programs and sets community and professional standards for its members, fostering a conducive environment for growth and success in the real estate business.

Who is the CEO of Pen-Mar Regional Assc Of Realtors?

Soren Dorius is the Ceo of Pen-Mar Regional Assc Of Realtors. The CEO's salary of Pen-Mar Regional Assc Of Realtors is $0 and their total compensation is $0.

What is the revenue of Pen-Mar Regional Assc Of Realtors?

Pen-Mar Regional Assc Of Realtors's revenue in 2022 was $521,729.

Who are the executives of Pen-Mar Regional Assc Of Realtors and what are their salaries?

The average compensation at Pen-Mar Regional Assc Of Realtors during 2022 was $58,300. There are 3 employees at Pen-Mar Regional Assc Of Realtors.


Here are 12 key members and their salaries (Pen-Mar Regional Assc Of Realtors's CEO's salary is $0 and their total compensation is $0):


Michael Licthenberg (Affiliate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Wagaman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Layton (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Fritsch (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Barrick (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelby Diehl (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly King (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soren Dorius (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ebeid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Wantz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pen-Mar Regional Assc Of Realtors?

Pen-Mar Regional Assc Of Realtors's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pen-Mar Regional Assc Of Realtors

Pen-Mar Regional Association of Realtors, as an organization, is committed to educating and supporting individuals engaged in the real estate profession. Their mission is twofold: firstly, they strive to provide a platform for the exchange of information and facilitating research within the real estate business. Secondly, they aim to establish educational programs and set community and professional standards for their members. By doing so, Pen-Mar Regional Association of Realtors seeks to empower and enhance the capabilities of individuals working in the real estate sector.

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Impact




October, 2024

Pen-Mar Regional Association of Realtors significantly enhances the real estate profession by providing essential educational programs and resources for its members. Located in Hagerstown, MD, this organization fosters a collaborative environment for real estate professionals to engage in research and share information, ultimately raising the standards within the industry.

Through its commitment to education and community improvement, the association equips agents with the knowledge and skills needed to navigate the ever-changing real estate landscape. This support not only benefits the professionals but also positively impacts the local community, as informed agents can better serve clients, promote ethical practices, and contribute to the overall health of the housing market. By upholding professional standards and facilitating ongoing learning, the Pen-Mar Regional Association of Realtors plays a crucial role in shaping a knowledgeable and responsible real estate community in the region.




This information is meant to be a general summary of Pen-Mar Regional Assc Of Realtors. 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
$521,729 (2022)
Expenses
$346,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $106
  • Program Service Revenue: $520,721
  • Gross Receipts: $523,420

Assets and Liabilities:

  • Total Assets: $2,080,426
  • Total Liabilities: $281,611
  • Net Assets: $1,798,815

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Programs

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

Membership Dues

Revenue

$300,694

Sundry

Revenue

$217,969

Education

Revenue

$2,058

Organization Details

Founding Year

1941

Principal Officer

Soren Dorius

Main Address

300 Cameo Drive, Hagerstown, MD, 21740

NTEE Category

Code: S47 - Community improvement

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