Raleigh Regional Association Of Realtors

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

EIN: 560709311 ✦ Cary, NC ✦ Designated as a 501(c)(6)

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Overview

What is Raleigh Regional Association Of Realtors?

The Raleigh Regional Association of Realtors, situated in Cary, North Carolina, is a nonprofit organization with a dedicated team of 27 members. Established with the primary objective of offering informational and educational opportunities to its real estate agent members, the association provides a supportive environment for professional growth. Based at 111 REALTORS WAY, this organization strives to enrich its members' expertise through various resources and opportunities.


Official website here: www.rrar.com

Is Raleigh Regional Association Of Realtors legitimate?

Raleigh Regional Association Of Realtors is a legitimate nonprofit organization registered as a 501(c)(6) entity. Raleigh Regional Association 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: $739,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $823,746

For more financial information, click here


Official website here: www.rrar.com

What is the mission statement of Raleigh Regional Association Of Realtors?

The Raleigh Regional Association of Realtors was established with the primary objective of offering informational and educational resources to its member realtors. The organization's mission is centered around providing these individuals with valuable learning opportunities, aiming to enhance their professional skills and knowledge in the real estate sector. By offering these services, the association aims to contribute to the overall growth and success of its members. The Raleigh Regional Association of Realtors continually strives to be a reliable source of information and educational opportunities for its member realtors.


Official website here: www.rrar.com

Who is the CEO of Raleigh Regional Association Of Realtors?

David Phillips is the Ceo of Raleigh Regional Association Of Realtors. The CEO's salary of Raleigh Regional Association Of Realtors is $270,100 and their total compensation is $293,055.


Official website here: www.rrar.com

What is the revenue of Raleigh Regional Association Of Realtors?

Raleigh Regional Association Of Realtors's revenue in 2022 was $6,591,689.


Official website here: www.rrar.com

Who are the executives of Raleigh Regional Association Of Realtors and what are their salaries?

The average compensation at Raleigh Regional Association Of Realtors during 2022 was $57,915. There are 27 employees at Raleigh Regional Association Of Realtors.


Here are 29 key members and their salaries (Raleigh Regional Association Of Realtors's CEO's salary is $270,100 and their total compensation is $293,055):


David Phillips (Ceo)
  • Compensation: $270,100
  • Related: $0
  • Other: $22,955
Sheila Dodson (Senior Vp Ad)
  • Compensation: $176,858
  • Related: $0
  • Other: $15,772
Cara Mottershead (Vp Operation)
  • Compensation: $114,660
  • Related: $0
  • Other: $17,532
Magen Farrell (Vp Finance)
  • Compensation: $105,000
  • Related: $0
  • Other: $17,086
Leslie Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Pitt (President-El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcbrayer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Bushnell (Past-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilli Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Baltimore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Blondell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Codjo Cossou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Deronja (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriet Doggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayaribe Galletta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Gupton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davis Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annmarie Janni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Mock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Talvia Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Schabot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Starkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Terry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Thornton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Zollinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rrar.com

Where can I find the form 990 for Raleigh Regional Association Of Realtors?

Raleigh Regional Association Of Realtors's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rrar.com

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

Mission Statement of Raleigh Regional Association Of Realtors

Raleigh Regional Association of Realtors, established with a noble purpose, is committed to offering educational and informational resources to its member realtors. The organization's primary mission is to cater to the learning needs of its real estate professionals, providing them with ample opportunities to expand their knowledge and skills. By doing so, Raleigh Regional Association of Realtors aims to foster a community of well-informed and competent real estate agents, thereby contributing to the overall growth and success of the real estate industry.

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Impact




October, 2024

The Raleigh Regional Association of Realtors plays a significant role in enhancing the real estate landscape in Cary, NC, and the surrounding areas. By providing vital informational services and educational opportunities, the association empowers its members to improve their professional skills and knowledge. This support enables realtors to better serve their clients and contribute to the community's overall growth and development.

Through targeted education and resources, the association fosters community improvement, helping to address housing needs and market trends effectively. The collective efforts of its members create a positive impact on local real estate practices, ultimately benefiting homebuyers, sellers, and the community at large.




This information is meant to be a general summary of Raleigh Regional Association 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
$6,591,689 (2022)
Expenses
$7,160,234 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$29,378
  • Program Service Revenue: $554,381
  • Gross Receipts: $6,967,149

Assets and Liabilities:

  • Total Assets: $8,030,768
  • Total Liabilities: $1,220,531
  • Net Assets: $6,810,237

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Programs

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

ORIENTATION

Revenue

$354,385

EDUCATION & LEADERSHIP ACAD

Revenue

$81,189

OTHER ADMINISTRATIVE INCOME

Revenue

$49,819

MEMBER SERVICES

Revenue

$46,215

COMMUNICATIONS

Revenue

$22,773

Organization Details

Founding Year

1924

Principal Officer

David Phillips

Main Address

111 REALTORS WAY, CARY, NC, 27513

NTEE Category

Code: S47 - Community improvement

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