Overview
What is Richmond Association Of Realtors Inc?
The Richmond Association of Realtors Inc, headquartered at 8975 Three Chopt Road, Richmond, Virginia, is a nonprofit organization with a primary focus on uniting and fostering the development of the real estate profession. They accomplish this by organizing membership meetings and events to discuss relevant issues and topics. Their mission is to promote and educate realtors, ensuring the growth and advancement of the industry as a whole. With a team of 47 dedicated professionals, they offer a platform for members and others associated with the real estate community to engage in meaningful discussions and collaborations.
Is Richmond Association Of Realtors Inc legitimate?
Richmond Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Richmond 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: $493,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,895,668
For more financial information, click here
What is the mission statement of Richmond Association Of Realtors Inc?
The Richmond Association of Realtors Inc. is committed to bringing together and fostering the growth of realtors and the real estate profession. Their mission is twofold: to promote the real estate sector and to educate its professionals. This is accomplished through organizing meetings and events where relevant topics are discussed, providing a platform for individuals in the real estate community to engage and share insights.
Who is the CEO of Richmond Association Of Realtors Inc?
Laura Lafayette is the President of Richmond Association Of Realtors Inc. The CEO's salary of Richmond Association Of Realtors Inc is $330,361 and their total compensation is $346,258.
What is the revenue of Richmond Association Of Realtors Inc?
Richmond Association Of Realtors Inc's revenue in 2022 was $4,565,704.
Who are the executives of Richmond Association Of Realtors Inc and what are their salaries?
The average compensation at Richmond Association Of Realtors Inc during 2022 was $50,832. There are 47 employees and 245 volunteers at Richmond Association Of Realtors Inc.
Here are 24 key members and their salaries (Richmond Association Of Realtors Inc's CEO's salary is $330,361 and their total compensation is $346,258):
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- Compensation: $330,361
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- Compensation: $110,093
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- Compensation: $115,168
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- Compensation: $106,787
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- Other: $13,149
Where can I find the form 990 for Richmond Association Of Realtors Inc?
Richmond Association Of Realtors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Richmond Association Of Realtors Inc
The Richmond Association of Realtors Inc is dedicated to bringing together and fostering the growth of realtors and the real estate profession as a whole. Their primary objective is to promote and educate professionals within this field. They achieve this through organized meetings and events, providing a platform for members and associated individuals to engage in discussions about pressing issues and topics relevant to the real estate sector. By uniting and educating its members, the Richmond Association of Realtors Inc plays a significant role in strengthening the real estate profession, ultimately benefiting the broader community.
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Impact
October, 2024
The Richmond Association of Realtors Inc plays a vital role in the real estate community by fostering collaboration, professional development, and education among realtors. Through various membership meetings and programs, the organization addresses important issues and topics that affect real estate professionals in the Richmond area. By uniting members and promoting best practices, it enhances the overall professionalism and effectiveness of realtors, ultimately benefiting homebuyers, sellers, and the broader community. Their commitment to community improvement further underscores their impact, as they work to elevate standards in the real estate market while supporting local initiatives.
This information is meant to be a general summary of Richmond 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $597,522
- Program Service Revenue: $2,282,486
- Gross Receipts: $5,638,542
Assets and Liabilities:
- Total Assets: $29,365,494
- Total Liabilities: $2,841,016
- Net Assets: $26,524,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues
Revenue
$1,207,750
Education
Revenue
$452,035
Application fees
Revenue
$301,200
Membership meeting
Revenue
$247,769
Transfer fees
Revenue
$53,520
Organization Details
Founding Year
1874
Phone
(804) 422-5000Principal Officer
Laura Lafayette
Main Address
8975 Three Chopt Road, Richmond, VA, 23229
NTEE Category
Code: S47 - Community improvement
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