Montgomery Area Association Of Realtors Inc

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

EIN: 630378536 ✦ Montgomery, AL ✦ Designated as a 501(c)(6)

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Overview

What is Montgomery Area Association Of Realtors Inc?

Montgomery Area Association of Realtors Inc, based in Montgomery, Alabama, serves as a unified platform to support the real estate industry in the area. Their primary objective is to promote the real estate sector, achieving this by offering informative and educational courses to their members. This nonprofit organization aims to foster a beneficial influence on the profession and related interests, maintaining high standards of conduct in the real estate field as outlined in the National Association of Realtors' code of ethics. Moreover, they advocate for the interest of home and property ownership, while designating authorized individuals to use the terms 'Realtor' and 'Realtors'.


Official website here: www.maarmlsonline.com

Is Montgomery Area Association Of Realtors Inc legitimate?

Montgomery Area Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montgomery Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.maarmlsonline.com

What is the mission statement of Montgomery Area Association Of Realtors Inc?

The Montgomery Area Association of Realtors Inc. is an organization aimed at promoting the real estate industry. Its mission is to bring together professionals engaged in various recognized branches of the real estate sector. The association seeks to exert a beneficial influence on the profession and related interests, while maintaining high ethical standards as outlined in the Code of Ethics of the National Association of Realtors. Furthermore, it aims to advance the interest of property ownership, designating individuals authorized to use the terms 'Realtor' and 'Realtors' in a controlled manner by the National Association of Realtors, for the benefit of the public.


Official website here: www.maarmlsonline.com

Who is the CEO of Montgomery Area Association Of Realtors Inc?

James B Owen is the Director of Montgomery Area Association Of Realtors Inc.


Official website here: www.maarmlsonline.com

What is the revenue of Montgomery Area Association Of Realtors Inc?

Montgomery Area Association Of Realtors Inc's revenue in 2022 was $534,982.


Official website here: www.maarmlsonline.com

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


Here are 17 key members and their salaries:


Renee Bledsoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Bonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Davies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Forbus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hayden Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcil Mcclammy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mugs Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Scarborough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Woodruff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bo Evans (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Dickey (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiesha Andrews (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Beesley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Weeks (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Owen (Executive Vice President)
  • Compensation: $0
  • Related: $133,661
  • Other: $30,366


Official website here: www.maarmlsonline.com

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

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


Official website here: www.maarmlsonline.com

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

Mission Statement of Montgomery Area Association Of Realtors Inc

Montgomery Area Association of Realtors Inc has a mission to promote the real estate industry. This nonprofit organization, known for its dedication to the real estate profession, aims to unite individuals engaged in its recognized branches. Its primary purpose is to exert a beneficial influence on the profession and related interests. The association strives to uphold high standards of conduct in the real estate sector, as outlined in the National Association of Realtors' Code of Ethics.

Moreover, Montgomery Area Association of Realtors Inc is committed to furthering the interest of home and other real property ownership. It designates those authorized to use the terms 'Realtor' and 'Realtors' as licensed individuals, regulated by the National Association of Realtors. By doing so, the association aims to protect the public by distinguishing between licensed real estate professionals and those who are not. In summary, Montgomery Area Association of Realtors Inc serves to promote the real estate industry, maintain professional standards, and advocate for the interests of property owners.

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Impact




October, 2024

The Montgomery Area Association of Realtors Inc significantly influences the real estate landscape in Montgomery, Alabama. It serves as a vital platform for promoting the real estate industry within the community, focusing on a unified approach to education and information dissemination for its members. By providing educational courses and resources, the association empowers real estate professionals with the knowledge and skills needed to excel in their field.

Additionally, the association plays a crucial role in upholding high standards of conduct in the real estate profession. It emphasizes adherence to the National Association of Realtors' Code of Ethics, fostering integrity and professionalism among its members. This commitment not only benefits the real estate community but also enhances the overall experience for home and property owners.

Through its mission to unite individuals in various branches of real estate, the organization actively supports the promotion and protection of property ownership interests. By designating qualified realtors and ensuring proper adherence to industry standards, the Montgomery Area Association of Realtors Inc facilitates a trustworthy environment for buyers and sellers alike, ultimately contributing to community improvement and economic development in the region.




This information is meant to be a general summary of Montgomery Area 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
$534,982 (2022)
Expenses
$611,227 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$94,955
  • Program Service Revenue: $907,061
  • Gross Receipts: $3,505,385

Assets and Liabilities:

  • Total Assets: $3,807,662
  • Total Liabilities: $1,090,716
  • Net Assets: $2,716,946

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Programs

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

MEMBERSHIP DUES

Revenue

$383,363

UTC & SUPRA REBATES

Revenue

$328,106

MANAGEMENT FEES

Revenue

$62,000

CONVENTION

Revenue

$41,725

OTHER FEES AND CHARGES

Revenue

$28,813

Organization Details

Founding Year

1949

Principal Officer

James B Owen

Main Address

4280 CARMICHAEL ROAD, MONTGOMERY, AL, 36106

NTEE Category

Code: S47 - Community improvement

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