Al Association Of Realtors Inc

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

EIN: 630380775 ✦ Montgomery, AL ✦ Designated as a 501(c)(6)

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Overview

What is Al Association Of Realtors Inc?

The Alabama Association of Realtors Inc, a not-for-profit organization based in Montgomery, Alabama, serves as a unifying force for Alabama's real estate professionals. With a mission to protect and advance real estate interests, the association enforces the ethical code of the National Association of Realtors and promotes high standards of conduct in real estate business transactions. Their Member Services Division offers various products, services, board assistance, equal opportunity support, dues billing, and facilities planning for association events. The Alabama Association of Realtors Inc is exempt from income tax under Section 501(C)(6) of the U.S. Internal Revenue Code, and they have a team of 13 dedicated individuals working towards their goals.


Official website here: www.alabamarealtors.com

Is Al Association Of Realtors Inc legitimate?

Al Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Al 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: $259,629
Professional Fundraising Fees: $0
Other Salaries and Wages: $624,501

For more financial information, click here


Official website here: www.alabamarealtors.com

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

The Alabama Association of Realtors Inc. is a not-for-profit organization, exempt from income tax under Section 501(c)(6) of the U.S. Internal Revenue Code. Established with the purpose of uniting Alabama's real estate professionals, its primary goal is to safeguard and advance real estate interests. The association adopts and enforces the Code of Ethics of the National Association of Realtors, and it encourages and upholds high standards of conduct in the transaction of real estate business. The mission of the Alabama Association of Realtors Inc. is to foster unity among real estate professionals, regulate their conduct, and promote the well-being of the real estate sector.


Official website here: www.alabamarealtors.com

Who is the CEO of Al Association Of Realtors Inc?

Jeremy Walker is the Chief Execut of Al Association Of Realtors Inc.


Official website here: www.alabamarealtors.com

What is the revenue of Al Association Of Realtors Inc?

Al Association Of Realtors Inc's revenue in 2022 was $5,755,580.


Official website here: www.alabamarealtors.com

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

The average compensation at Al Association Of Realtors Inc during 2022 was $68,010. There are 13 employees and 120 volunteers at Al Association Of Realtors Inc.


Here are 11 key members and their salaries:


Jeremy Walker (Chief Execut)
  • Compensation: $259,629
  • Related: $0
  • Other: $17,123
J Wesley Grant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rajane Johnson (President-El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Senia Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Beth Shaw (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Slade Mcelroy (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sha Jarboe (Regional Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dedra Cabaniss (Regional Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sloane Rhoden (Regional Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Owen (Regional Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Andrews (Regional Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alabamarealtors.com

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

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


Official website here: www.alabamarealtors.com

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

Mission Statement of Al Association Of Realtors Inc

The Alabama Association of Realtors Inc, a not-for-profit organization with tax-exempt status under Section 501(C)(6) of the U.S. Internal Revenue Code, was established with a mission to unite Alabama's real estate professionals. This association aims to protect and promote the interests of the real estate sector. One of its primary objectives is to uphold the Code of Ethics of the National Association of Realtors. Furthermore, the Alabama Association of Realtors Inc encourages and maintains high standards of conduct in the transaction of real estate business, thereby fostering a professional and ethical environment within the real estate industry.

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Impact




October, 2024

The Alabama Association of Realtors Inc. plays a vital role in uniting real estate professionals across the state, advocating for the protection and advancement of real estate interests. By enforcing the code of ethics established by the National Association of Realtors, it ensures that members adhere to high standards of conduct in their business transactions. This commitment to ethical practices not only bolsters the professionalism within the industry but also enhances trust among consumers.

Additionally, the association provides a range of essential services to its members, including products, board assistance, and facilities planning for events. This support fosters a collaborative environment that encourages continuous professional development and networking opportunities, ultimately benefiting the real estate community as a whole.

Through its commitment to equal opportunity and member services, the Alabama Association of Realtors Inc. also contributes to community improvement. By maintaining a focus on high standards and ethical conduct, it helps to foster a more reliable and transparent real estate market, which is crucial for the economic well-being of Alabama's communities.




This information is meant to be a general summary of Al 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
$5,755,580 (2022)
Expenses
$3,983,154 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,778
  • Program Service Revenue: $5,678,702
  • Gross Receipts: $5,755,580

Assets and Liabilities:

  • Total Assets: $12,863,799
  • Total Liabilities: $1,030,494
  • Net Assets: $11,833,305

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Programs

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

MEMBERSHIP DUES

Revenue

$5,463,871

CONVENTIONS & CONFERENCES

Revenue

$160,419

EDUCATIONAL COURSES

Revenue

$54,412

Organization Details

Founding Year

1949

Principal Officer

Jeremy Walker

Main Address

522 WASHINGTON AVENUE, MONTGOMERY, AL, 36104

NTEE Category

Code: S47 - Community improvement

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