Land Of The Sky Association Of Realtors

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

EIN: 566060775 ✦ Asheville, NC ✦ Designated as a 501(c)(6)

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Overview

What is Land Of The Sky Association Of Realtors?

Land of the Sky Association of Realtors is a nonprofit organization located in Asheville, North Carolina. With a mission to enhance its members' success and promote ethical standards, it provides education and training, keeping them informed about legislative changes. The association's primary objective is to safeguard and advance the interests of real estate owners and professionals in the region. It fosters connections between its members and the North Carolina Association of Realtors and the National Association of Realtors. Moreover, the organization encourages professional growth through educational opportunities, member participation, and offers high-quality services such as the Multiple Listing Service and Real Estate Weekly/Monthly. To ensure credibility, it designates authorized individuals to use the terms "Realtor" and "Realtors" as controlled by the National Association of Realtors. The association has a workforce of nine individuals dedicated to serving its members and the public.


Official website here: www.lotsar.org

Is Land Of The Sky Association Of Realtors legitimate?

Land Of The Sky Association Of Realtors is a legitimate nonprofit organization registered as a 501(c)(6) entity. Land Of The Sky 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: $261,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,497

For more financial information, click here


Official website here: www.lotsar.org

What is the mission statement of Land Of The Sky Association Of Realtors?

The Land of the Sky Association of Realtors (LOTSAR) is dedicated to enhancing the success of its members. One of its primary objectives is to uphold high ethical standards within the real estate profession. The association serves as a unified platform to safeguard and advance the interests of real estate owners and professionals. It aims to bring together individuals engaged in the real estate sector in this region, thereby creating favorable business conditions and connecting them with the North Carolina Association of Realtors and the National Association of Realtors.

LOTSAR encourages professional growth through educational opportunities and fosters active member participation. It provides high-quality services such as the Multiple Listing Service and Real Estate Weekly/Monthly. Furthermore, the association designates individuals who are authorized to use the terms 'Realtor' and 'Realtors' in accordance with the guidelines set by the National Association of Realtors.


Official website here: www.lotsar.org

Who is the CEO of Land Of The Sky Association Of Realtors?

David West is the President of Land Of The Sky Association Of Realtors. The CEO's salary of Land Of The Sky Association Of Realtors is $169,656 and their total compensation is $173,411.


Official website here: www.lotsar.org

What is the revenue of Land Of The Sky Association Of Realtors?

Land Of The Sky Association Of Realtors's revenue in 2022 was $1,193,508.


Official website here: www.lotsar.org

Who are the executives of Land Of The Sky Association Of Realtors and what are their salaries?

The average compensation at Land Of The Sky Association Of Realtors during 2022 was $65,136. There are 9 employees and 13 volunteers at Land Of The Sky Association Of Realtors.


Here are 15 key members and their salaries (Land Of The Sky Association Of Realtors's CEO's salary is $169,656 and their total compensation is $173,411):


Wallace Shealy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Barnes (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark D Mathews (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Wangrin (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joye King Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valen W Vera Cruz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrix H Masotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Wiederhold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Palas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Bernhard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Thomas (Cfo)
  • Compensation: $87,848
  • Related: $0
  • Other: $472
David West (Ceo)
  • Compensation: $169,656
  • Related: $0
  • Other: $3,755


Official website here: www.lotsar.org

Where can I find the form 990 for Land Of The Sky Association Of Realtors?

Land Of The Sky Association Of Realtors's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lotsar.org

Learn more at the official website: www.lotsar.org

Mission Statement of Land Of The Sky Association Of Realtors

The Land of the Sky Association of Realtors, abbreviated as LOTSAR, is an organization dedicated to empowering its members by enhancing their abilities to succeed. One of its key objectives is to uphold high ethical standards within the real estate profession. LOTSAR serves as a unified platform for safeguarding and advancing the interests of real estate owners and professionals operating in the region. It aims to foster a sense of unity among those engaged in the real estate sector, creating favorable business conditions and connecting them with the North Carolina Association of Realtors and the National Association of Realtors.

In addition to fostering unity, LOTSAR encourages professional growth through educational opportunities. This is achieved by providing various learning platforms that enable members to expand their knowledge and skills in the real estate sector. LOTSAR also places a strong emphasis on member participation, recognizing the importance of collective involvement in driving the success of the association. To facilitate business operations, LOTSAR offers high-quality services such as the Multiple Listing Service and the Real Estate Weekly/Monthly. Furthermore, LOTSAR designates individuals who have met the stringent criteria set by the National Association of Realtors, allowing them to use the titles 'Realtor' and 'Realtors.'

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Impact




October, 2024

The Land of the Sky Association of Realtors (LOTSAR) significantly impacts the real estate industry in Asheville, NC, by enhancing the capacity of its members to succeed. Through rigorous education and training, LOTSAR ensures that members are well-equipped to navigate the evolving landscape of real estate, including staying informed about legislative changes that could affect both their practice and the interests of property owners.

By promoting high ethical standards, LOTSAR fosters a culture of integrity within the profession, which benefits both realtors and the community they serve. This commitment to ethical conduct reinforces trust between real estate professionals and the public, ultimately supporting a healthier marketplace.

Additionally, LOTSAR serves as a unifying body for real estate professionals in the region, creating business conditions conducive to collaboration and growth. By connecting local professionals with the North Carolina Association of Realtors and the National Association of Realtors, LOTSAR empowers its members to access a broader network of resources, support, and advocacy.

The provision of high-quality services, such as the Multiple Listing Service and access to real estate news, further enhances the capabilities of LOTSAR's members. These tools ensure that real estate professionals can effectively serve clients and maintain a competitive edge in the market.

Overall, LOTSAR plays a pivotal role in advancing professional growth, safeguarding private property rights, and maintaining high standards within the real estate community, ultimately fostering a stronger, more vibrant local economy.




This information is meant to be a general summary of Land Of The Sky 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
$1,193,508 (2022)
Expenses
$1,209,421 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,612
  • Program Service Revenue: $1,035,244
  • Gross Receipts: $1,193,508

Assets and Liabilities:

  • Total Assets: $5,787,479
  • Total Liabilities: $634,016
  • Net Assets: $5,153,463

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Programs

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

MEMBERSHIP DUES

Revenue

$982,855

CONTINUING EDUCATION

Revenue

$52,389

Organization Details

Founding Year

1928

Principal Officer

David West

Main Address

21 RESTAURANT CT, ASHEVILLE, NC, 28805

NTEE Category

Code: S47 - Community improvement

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