Durham Regional Association Of Realtors Inc

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

EIN: 566063634 ✦ Durham, NC ✦ Designated as a 501(c)(6)

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Overview

What is Durham Regional Association Of Realtors Inc?

Durham Regional Association of Realtors Inc is a voluntary association situated in Durham, North Carolina, specifically at 4236 University Drive, 27707. Serving as a platform for individuals engaged in real estate sales, leasing, and appraisal, this organization fosters professionalism and upholds high ethical standards among its members. They achieve this through various initiatives such as seminars, meetings, and social events. The association boasts over 1,700 members and is dedicated to promoting real estate by providing ethical and professional services to both its members and consumers seeking real estate information. With a small workforce of three individuals, Durham Regional Association of Realtors Inc plays a significant role in the local real estate market.


Official website here: www.durhamrealtors.org

Is Durham Regional Association Of Realtors Inc legitimate?

Durham Regional Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Durham Regional 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: $155,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,316

For more financial information, click here


Official website here: www.durhamrealtors.org

What is the mission statement of Durham Regional Association Of Realtors Inc?

The Durham Regional Association of Realtors Inc. is committed to promoting the real estate sector by offering ethical and professional services to its members and consumers seeking real estate information. By serving as a voluntary trade organization, it brings together individuals involved in selling, leasing, and appraising real property. The association advocates for professionalism and upholds high ethical standards among its members through various educational seminars, meetings, and social events. With over 1,700 members, Durham Regional Association of Realtors Inc. aims to foster a culture of integrity and expertise within the real estate industry.


Official website here: www.durhamrealtors.org

Who is the CEO of Durham Regional Association Of Realtors Inc?

Shawn Hays is the President of Durham Regional Association Of Realtors Inc. The CEO's salary of Durham Regional Association Of Realtors Inc is $155,000 and their total compensation is $164,573.


Official website here: www.durhamrealtors.org

What is the revenue of Durham Regional Association Of Realtors Inc?

Durham Regional Association Of Realtors Inc's revenue in 2022 was $654,652.


Official website here: www.durhamrealtors.org

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

The average compensation at Durham Regional Association Of Realtors Inc during 2022 was $81,105. There are 3 employees at Durham Regional Association Of Realtors Inc.


Here are 19 key members and their salaries (Durham Regional Association Of Realtors Inc's CEO's salary is $155,000 and their total compensation is $164,573):


Shawn Hays (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindie Burns (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Jones (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Woodall (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Roberts (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilie Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otto Cedeno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fritz Hine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Shair Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steed Rollins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Dougherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sondra Trice-Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Kirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherenia Branche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelia Willis (Ceo)
  • Compensation: $155,000
  • Related: $0
  • Other: $9,573


Official website here: www.durhamrealtors.org

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

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


Official website here: www.durhamrealtors.org

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

Mission Statement of Durham Regional Association Of Realtors Inc

Durham Regional Association of Realtors Inc, a voluntary trade organization, is dedicated to promoting the real estate industry. They achieve this by offering ethical and professional services to their members and consumers seeking real estate information. The association's mission is to uphold high ethical standards among its members, fostering a sense of professionalism. They accomplish this through various means, including seminars, meetings, and social events, which serve to educate and engage their members. With over 1,700 members, Durham Regional Association of Realtors Inc is a significant player in the real estate sector, committed to fostering a professional and ethical environment.

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Impact




October, 2024

The Durham Regional Association of Realtors Inc. significantly impacts the real estate landscape in Durham, NC, by fostering a culture of professionalism and ethical standards among its members. With over 1,700 members, the association serves as a vital hub for individuals involved in selling, leasing, and appraising real property. Through a variety of seminars, meetings, and social events, it enhances the skills and knowledge of its members, ensuring that consumers receive high-quality, informed service when seeking real estate information.

By promoting ethical practices, the association helps build trust within the community, making the real estate process more transparent and reliable for both professionals and consumers. This emphasis on professionalism not only uplifts individual agents but also contributes to a healthier real estate market in Durham, benefiting the local economy and community overall. The organization's commitment to community improvement reinforces its role as an essential entity in shaping responsible and responsive real estate practices in the region.




This information is meant to be a general summary of Durham Regional 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.

Revenue
$654,652 (2022)
Expenses
$609,350 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $578
  • Program Service Revenue: $648,870
  • Gross Receipts: $695,529

Assets and Liabilities:

  • Total Assets: $2,435,724
  • Total Liabilities: $1,396,880
  • Net Assets: $1,038,844

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Programs

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

MEMBER DUES

Revenue

$467,663

TMLS REVENUE

Revenue

$71,050

MCE REVENUE

Revenue

$49,497

COMMITTEE REVENUE

Revenue

$33,540

SPONSORSHIPS

Revenue

$15,500

Organization Details

Founding Year

1932

Principal Officer

Shawn Hays

Main Address

4236 UNIVERSITY DRIVE, DURHAM, NC, 27707

NTEE Category

Code: S47 - Community improvement

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