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Mcdowell Board Of Realtors Inc

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

EIN: 561400621 ✦ Marion, NC ✦ Designated as a 501(c)(6)

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Overview

What is Mcdowell Board Of Realtors Inc?

Mcdowell Board of Realtors Inc is a nonprofit organization situated in Marion, North Carolina. Its primary role is to foster and uphold the shared professional interests of real estate professionals within the Mcdowell County community. To achieve this, the board incurs various expenditures, including expenses related to professional associations (amountnar/ncar), social events, office and postage costs, standard expenses, administrative expenses, meeting fees, rental payments, legal and accounting services, miscellaneous expenses, and local transmissions. The organization's mission is to support and strengthen its members' business activities within the Mcdowell County real estate market.

Is Mcdowell Board Of Realtors Inc legitimate?

Mcdowell Board Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mcdowell Board Of Realtors Inc submitted a form 990EZ, 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.

What is the mission statement of Mcdowell Board Of Realtors Inc?

The Mcdowell Board of Realtors Inc serves to foster common business interests among real estate professionals in a particular community. To achieve this, the organization incurs various expenses such as membership dues, social events, office costs, and legal fees. The board's activities are geared towards promoting professional growth and networking opportunities for its members. While the mission statement does not explicitly mention it, the organization likely aims to enhance the real estate market and provide valuable resources to its members. The board does not disclose any specific details about the community it serves in the provided information.

Who is the CEO of Mcdowell Board Of Realtors Inc?

David Patneaude is the President of Mcdowell Board Of Realtors Inc.

What is the revenue of Mcdowell Board Of Realtors Inc?

Mcdowell Board Of Realtors Inc's revenue in 2022 was $97,740.

Who are the executives of Mcdowell Board Of Realtors Inc and what are their salaries?


Here are 3 key members and their salaries:


Teresa Sigmon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Patneaude (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Wright (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mcdowell Board Of Realtors Inc?

Mcdowell Board Of Realtors Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Mcdowell Board Of Realtors Inc

The Mcdowell Board of Realtors is an organization that primarily focuses on promoting shared interests within the real estate profession in the Mcdowell County, North Carolina community. To achieve this, the board incurs various expenses such as amountnar/ncar, social, office and postage, core standard expenses, administrative expenses, meeting expenses, rent, legal and accounting, misc expense, and local transmittal. By managing these costs, the Mcdowell Board of Realtors fosters a cohesive environment among real estate professionals in the area, thereby benefiting both the professionals and the local real estate market as a whole.

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Impact




October, 2024

Mcdowell Board of Realtors Inc plays a significant role in fostering the real estate industry within McDowell County, North Carolina. By promoting the shared business interests of real estate professionals in the community, the board enhances collaboration and networking among its members. This collaborative environment is crucial for professional development and helps to maintain high standards within the industry.

The board’s activities include managing various expenditures essential for its operations, such as administrative costs, legal and accounting fees, and meeting expenses. This careful management ensures that resources are allocated effectively to uphold the integrity and professionalism of real estate practices in the area.

Additionally, Mcdowell Board of Realtors Inc contributes to community improvement by engaging with local real estate issues, advocating for ethical practices, and supporting initiatives that benefit both professionals and the community. Their presence in Marion, NC, serves as a hub for real estate activity, ultimately contributing to economic growth and stability in the region. The board's commitment to local needs highlights its importance as a central player in enhancing the real estate landscape of McDowell County.




This information is meant to be a general summary of Mcdowell 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.

Revenue
$97,740 (2022)
Expenses
$79,470 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41
  • Gross Receipts: $97,740

Assets and Liabilities:

  • Total Assets: $143,085
  • Total Liabilities: $33,573
  • Net Assets: $109,512

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Organization Details

Principal Officer

David Patneaude

Main Address

PO BOX 141, MARION, NC, 28752

NTEE Category

Code: S462 - Community improvement

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