Lubbock Association Of Realtors Inc

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

EIN: 750877785 ✦ Lubbock, TX ✦ Designated as a 501(c)(6)

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Overview

What is Lubbock Association Of Realtors Inc?

The Lubbock Association of Realtors Inc, situated in Lubbock, Texas, serves as a trade organization for real estate professionals. Their primary goal is to promote and advance the common interests of the real estate industry within the Lubbock area and its surroundings. By doing so, they aim to contribute positively to the local economic conditions. With a dedicated workforce of five individuals, they strive to foster a thriving real estate environment in their community.


Official website here: www.lubbockrealtors.com

Is Lubbock Association Of Realtors Inc legitimate?

Lubbock Association Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lubbock 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: $120,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,072

For more financial information, click here


Official website here: www.lubbockrealtors.com

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

The Lubbock Association of Realtors Inc serves as a trade organization, focusing on the common interest of real estate professionals in a specific region. Their primary objective is to enhance business conditions within this field. The association aims to promote improvement in the local real estate industry, working towards the betterment of the overall economic climate.


Official website here: www.lubbockrealtors.com

Who is the CEO of Lubbock Association Of Realtors Inc?

Cade Fowler is the Exec. Officer of Lubbock Association Of Realtors Inc.


Official website here: www.lubbockrealtors.com

What is the revenue of Lubbock Association Of Realtors Inc?

Lubbock Association Of Realtors Inc's revenue in 2022 was $1,953,656.


Official website here: www.lubbockrealtors.com

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

The average compensation at Lubbock Association Of Realtors Inc during 2022 was $70,970. There are 5 employees at Lubbock Association Of Realtors Inc.


Here are 21 key members and their salaries:


Cade Fowler (Exec. Officer)
  • Compensation: $113,580
  • Related: $0
  • Other: $0
Judi Fillingim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanesa Hyde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Sharkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chanda White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Armendariz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colby Norris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Sturdivant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bambi Temple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debby Tullis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keeli Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Howard (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Conn (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Harlan (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Dirks (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Eberhardt (Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Sue Clements (Pres. Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hutton (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lubbockrealtors.com

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

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


Official website here: www.lubbockrealtors.com

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

Mission Statement of Lubbock Association Of Realtors Inc

The Lubbock Association of Realtors Inc, serving as a trade organization, is committed to championing the shared interests of real estate professionals in their local area. Their mission is centered around fostering a conducive business environment for the Real Estate industry in Lubbock and its surrounding regions. The organization seeks to improve the local economic conditions by promoting initiatives that benefit the Real Estate sector as a whole.

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Impact




October, 2024

The Lubbock Association of Realtors Inc significantly impacts the local real estate industry by serving as a vital trade organization for real estate professionals in Lubbock and its surrounding areas. By promoting the common interests of real estate practitioners, it fosters collaboration and networking among agents, brokers, and industry stakeholders.

Through its efforts, the association enhances business conditions, contributing to a more robust and vibrant real estate market in the region. This includes advocating for policies that support economic growth, providing educational resources that improve professional standards, and facilitating community engagement initiatives that strengthen local ties. By focusing on the continuous improvement of the real estate industry, the Lubbock Association of Realtors Inc plays a crucial role in boosting the local economy and elevating community well-being.




This information is meant to be a general summary of Lubbock 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
$1,953,656 (2022)
Expenses
$1,601,468 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$18,207
  • Program Service Revenue: $1,009,517
  • Gross Receipts: $2,067,761

Assets and Liabilities:

  • Total Assets: $4,502,282
  • Total Liabilities: $69,860
  • Net Assets: $4,432,422

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Programs

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

MLS

Revenue

$963,075

Luncheons and Banquets

Revenue

$10,110

Education Seminars Tournaments

Revenue

$36,332

Organization Details

Founding Year

1944

Principal Officer

Cade Fowler

Main Address

6510 70TH ST, LUBBOCK, TX, 79424

NTEE Category

Code: S47 - Community improvement

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