Kentucky Association Of Realtors Inc

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

EIN: 610466845 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

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Overview

What is Kentucky Association Of Realtors Inc?

Kentucky Association of Realtors Inc. is a prominent statewide organization based in Lexington, Kentucky, with approximately 13,005 members. Their primary mission is to foster unity among realtors and support the success of local board members in their businesses, all while upholding ethical and competent practices. They work tirelessly to protect a marketplace for real estate transactions, a system that is globally recognized and valued. The association holds an annual convention to elect officers and directors. With a team of 14 employees, they strive to maintain a cohesive voice and preserve the rights and privileges of private property owners.


Official website here: www.kyrealtors.com

Is Kentucky Association Of Realtors Inc legitimate?

Kentucky Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky 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: $239,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $715,250

For more financial information, click here


Official website here: www.kyrealtors.com

What is the mission statement of Kentucky Association Of Realtors Inc?

The Kentucky Association of Realtors Inc. is committed to fostering unity among realtors. Their mission is to support and enhance the professional success of local board members in an ethical and competent manner. By uniting their voices, they aim to preserve and enhance the rights and privileges of private property owners. Moreover, Kentucky Realtors play a significant role in protecting a marketplace where consumers can buy, own, and transfer real estate. This system, which is globally emulated, is a primary focus for realtors, who dedicate themselves to its protection.


Official website here: www.kyrealtors.com

Who is the CEO of Kentucky Association Of Realtors Inc?

Joshua Summers is the CEO of Kentucky Association Of Realtors Inc The CEO's salary of Kentucky Association Of Realtors Inc is $223,661 and their total compensation is $239,712.


Official website here: www.kyrealtors.com

What is the revenue of Kentucky Association Of Realtors Inc?

Kentucky Association Of Realtors Inc's revenue in 2023 was $2,244,406.


Official website here: www.kyrealtors.com

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

The average compensation at Kentucky Association Of Realtors Inc during 2023 was $68,212. There are 14 employees and 24 volunteers at Kentucky Association Of Realtors Inc.

Here are 26 key members and their salaries (Kentucky Association Of Realtors Inc's CEO's salary is $223,661 and their total compensation is $239,712):


Joshua Summers (Chief Executive Officer)
  • Compensation: $223,661
  • Related: $0
  • Other: $16,051
Cinda Hatfield (Chief Administrative Officer)
  • Compensation: $110,854
  • Related: $0
  • Other: $0
Pamela Featherstone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Monarch (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Curtis (President - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annelizabeth Delahanty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Blevins (Treasurer - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Sanders (Chair Of Past Presidents)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Spicer (Senior Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earlene W Woods (Senior Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Gordon Willoughby (Senior Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christie Moore (Region 1 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Earls (Region 2 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave L Parks Jr (Region 3 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Nisbet (Region 4 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Swendiman (Region 5 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Porter (Region 6 Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janette Dewitt (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Elder (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Sickles (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Gross (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Gibson Cecil (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Brossart (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Gooslin (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Gregorich (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Flannery (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kyrealtors.com

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

Kentucky Association Of Realtors Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kyrealtors.com

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

Mission Statement of Kentucky Association Of Realtors Inc

The Kentucky Association of Realtors Inc is committed to fostering unity among its members. This nonprofit organization's mission is twofold. Firstly, it aims to support and strengthen the abilities of local board members to thrive in their real estate businesses in an ethical and competent manner. Secondly, it seeks to preserve and enhance the rights and privileges of private property owners through a unified voice. The Kentucky Realtors play a significant role in safeguarding a marketplace that enables consumers to buy, own, and transfer real estate. This system, which is globally emulated, is one that Realtors are dedicated to protecting.

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Impact




October, 2024

The Kentucky Association of Realtors Inc significantly impacts the real estate landscape in Kentucky by promoting unity among its members and supporting local boards. With approximately 13,005 members, the association plays a crucial role in enhancing the professionalism and ethical practices of real estate transactions.

Through initiatives such as their annual convention, members have opportunities to connect, share best practices, and stay informed about industry trends and challenges. This fosters collaboration that strengthens the entire real estate community in Kentucky.

Additionally, the association advocates for the rights and privileges of private property owners, ensuring that real estate markets remain fair and accessible. By protecting a marketplace where consumers can confidently buy, own, and transfer real estate, the Kentucky Association of Realtors Inc not only supports its members' success but also reinforces a stable and reliable environment for property transactions that is recognized and emulated worldwide.




This information is meant to be a general summary of Kentucky 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
$2,244,406 (2023)
Expenses
$2,340,116 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $72,151
  • Program Service Revenue: $2,022,975
  • Gross Receipts: $2,244,406

Assets and Liabilities:

  • Total Assets: $5,423,539
  • Total Liabilities: $1,588,447
  • Net Assets: $3,835,092

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Programs

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

MEMBERSHIP DUES

Revenue

$1,989,995

EDUCATION

Revenue

$25,780

MEETINGS

Revenue

$4,305

BOARD LEADERSHIP CONFE

Revenue

$2,895

Organization Details

Founding Year

1967

Principal Officer

Josh D Summers

NTEE Category

Code: S47 - Community improvement

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