Greater Mcallen Association Of Realtors Inc

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

EIN: 746062466 ✦ Mcallen, TX ✦ Designated as a 501(c)(6)

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Overview

What is Greater Mcallen Association Of Realtors Inc?

Greater Mcallen Association of Realtors Inc, based in Mcallen, Texas at 1324 E Nolana Ave, serves as a platform for over 1300 realtors to share property-related information. Their primary role is to safeguard and enhance favorable business conditions for their realtor members and consumers, while also championing professionalism within the real estate sector. They operate a Multiple Listing Service (MLS), a unified medium that facilitates the exchange of property information among realtors. This nonprofit association is committed to promoting the interests of its members and consumers, thereby contributing to the overall growth and success of the real estate market in the region.


Official website here: www.gmar.org

Is Greater Mcallen Association Of Realtors Inc legitimate?

Greater Mcallen Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Mcallen 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: $346,388

For more financial information, click here


Official website here: www.gmar.org

What is the mission statement of Greater Mcallen Association Of Realtors Inc?

The Greater Mcallen Association of Realtors Inc. is committed to fostering favorable business conditions for its Realtor members and consumers. This organization strives to advance professionalism within the real estate sector, serving as a platform for over 1300 Realtors. By providing a unified medium, such as a Multiple Listing Service, they facilitate the sharing of property information for sale, thereby promoting transparency and efficiency in the real estate market.


Official website here: www.gmar.org

Who is the CEO of Greater Mcallen Association Of Realtors Inc?

Henry Mcfarland is the Director of Greater Mcallen Association Of Realtors Inc.


Official website here: www.gmar.org

What is the revenue of Greater Mcallen Association Of Realtors Inc?

Greater Mcallen Association Of Realtors Inc's revenue in 2022 was $1,665,715.


Official website here: www.gmar.org

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

There 150 volunteers at Greater Mcallen Association Of Realtors Inc.


Here are 13 key members and their salaries:


Sergio Adame (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Benavides (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Casarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esteban Flores (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preshina Samtani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Sanchez Vega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vikki Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Paek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Jinks (President Ex-Oficio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Mcfarland (President)
  • Compensation: $16,050
  • Related: $0
  • Other: $0
Juan De La Garza (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon I Pecina (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Moon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gmar.org

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

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


Official website here: www.gmar.org

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

Mission Statement of Greater Mcallen Association Of Realtors Inc

Greater Mcallen Association of Realtors Inc is committed to safeguarding and enhancing beneficial business environments for its Realtor members and consumers. This organization strives to advance the professionalism of its Realtor members, ensuring they operate at the highest standards. One of their primary methods to achieve this mission is through the provision of a centralized platform, the Multiple Listing Service. This unified medium allows over 1300 Realtors to share property information for sale, promoting collaboration and streamlined transactions between members. By doing so, Greater Mcallen Association of Realtors Inc fosters a professional and efficient real estate market, ultimately benefiting both its member Realtors and their clients.

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Impact




October, 2024

The Greater McAllen Association of Realtors Inc plays a pivotal role in the real estate landscape of McAllen, Texas, by fostering favorable business conditions for both Realtor members and consumers. Through its efforts, the organization ensures a robust professional framework that enhances the standards of real estate practice in the area.

One of its key contributions is the provision of a Multiple Listing Service (MLS), which serves as a centralized platform for over 1,300 Realtors to share vital information about properties for sale. This not only streamlines the buying and selling process but also increases transparency and accessibility for consumers, thereby facilitating informed decisions.

Additionally, the Association is dedicated to advancing the professionalism of Realtors within the community. By promoting best practices, providing educational resources, and maintaining a network of support, it reinforces the quality of service that consumers receive when engaging in real estate transactions. This commitment to professional development ultimately leads to improved outcomes for homebuyers and sellers alike.

Furthermore, the Greater McAllen Association of Realtors contributes to community improvement by actively participating in local initiatives and advocating for policies that benefit the real estate market and the community at large. This holistic approach not only enhances the real estate environment but also supports the overall growth and vitality of McAllen, ensuring it remains an attractive place for residents and businesses.




This information is meant to be a general summary of Greater Mcallen 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
$1,665,715 (2022)
Expenses
$1,657,144 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,274
  • Program Service Revenue: $1,483,258
  • Gross Receipts: $1,814,973

Assets and Liabilities:

  • Total Assets: $3,154,008
  • Total Liabilities: $25,840
  • Net Assets: $3,128,168

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Programs

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

MULTIPLE LISTING SERVI

Revenue

$1,042,822

SUPRA

Revenue

$301,905

MEMBER FUNCTIONS

Revenue

$74,240

CONTINUING EDUCATION

Revenue

$64,291

Organization Details

Founding Year

1949

Principal Officer

Henry Mcfarland

Main Address

1324 E NOLANA AVE, MCALLEN, TX, 78504

NTEE Category

Code: S47 - Community improvement

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