Permian Basin Board Of Realtors Inc

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

EIN: 750968633 ✦ Midland, TX ✦ Designated as a 501(c)(6)

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Overview

What is Permian Basin Board Of Realtors Inc?

The Permian Basin Board of Realtors Inc, situated in Midland, Texas, serves as a 501C6 organization primarily catering to realtors in the Permian Basin area. Funded by membership dues and the incremental interest earned from these fees, the organization's primary mission is to offer educational, training, and support services to its members. By doing so, it aims to enhance the professional skills and capabilities of realtors in the region, thereby contributing to the overall growth and development of the real estate sector in the Permian Basin.


Official website here: www.pbbor.org

Is Permian Basin Board Of Realtors Inc legitimate?

Permian Basin Board Of Realtors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Permian Basin Board 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: $258,244

For more financial information, click here


Official website here: www.pbbor.org

What is the mission statement of Permian Basin Board Of Realtors Inc?

The Permian Basin Board of Realtors Inc., functioning as a 501C6 organization, is committed to providing training and support services for realtors in the Permian Basin area. Their primary mission is to empower local realtors through educational resources and assistance. The organization, funded by membership dues and associated interest income, offers a range of training and support services to its members, aiming to enhance their professional capabilities in the real estate sector. This non-profit organization is dedicated to fostering the growth and success of realtors in the Permian Basin area.


Official website here: www.pbbor.org

Who is the CEO of Permian Basin Board Of Realtors Inc?

Carolyn Coleman-Arnold is the Principal Officer of Permian Basin Board Of Realtors Inc.


Official website here: www.pbbor.org

What is the revenue of Permian Basin Board Of Realtors Inc?

Permian Basin Board Of Realtors Inc's revenue in 2022 was $1,979,034.


Official website here: www.pbbor.org

Who are the executives of Permian Basin Board Of Realtors Inc and what are their salaries?


Here are 5 key members and their salaries:


Rhonda Lesley (Executive Dir.)
  • Compensation: $93,928
  • Related: $0
  • Other: $0
Kelli Panthaky (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Welch (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsie Rasure (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Davis (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pbbor.org

Where can I find the form 990 for Permian Basin Board Of Realtors Inc?

Permian Basin Board Of Realtors Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pbbor.org

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

Mission Statement of Permian Basin Board Of Realtors Inc

The Permian Basin Board of Realtors Inc, as a 501C6 organization, is dedicated to serving the real estate professionals in the Permian Basin area. Its primary mission is to provide comprehensive training and support services to these Realtors, aiming to enhance their skills and contribute to the overall success of the real estate industry within the region. The organization leverages its membership dues and the incremental interest income generated from these contributions to fund its educational, training, and support initiatives. By offering various educational programs and resources, the Permian Basin Board of Realtors Inc plays a vital role in empowering local Realtors, thereby fostering a thriving real estate market in the area.

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Impact




October, 2024

The Permian Basin Board Of Realtors Inc plays a significant role in enhancing the real estate profession within the Permian Basin area through its focus on education and support for local REALTORS. By providing training programs, resources, and support services, the organization ensures that REALTORS are well-equipped to serve their clients and navigate the complexities of the real estate market.

Their commitment to professional development fosters a community of knowledgeable professionals who can contribute positively to local housing markets. This not only benefits individual REALTORS but also enhances the overall quality of service provided to buyers and sellers in the region. The organization helps to maintain ethical standards and encourages a collaborative environment among REALTORS, which strengthens the real estate community.

Additionally, the organization's efforts can lead to community improvement by promoting responsible development and informed real estate practices. By empowering REALTORS with the tools they need to succeed, the Permian Basin Board Of Realtors Inc indirectly supports economic growth and stability in the area, making it a pivotal entity in local community development.




This information is meant to be a general summary of Permian Basin Board 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
$1,979,034 (2022)
Expenses
$1,138,394 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,994
  • Program Service Revenue: $55,997
  • Gross Receipts: $1,979,034

Assets and Liabilities:

  • Total Assets: $2,812,909
  • Total Liabilities: $689,669
  • Net Assets: $2,123,240

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Programs

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

INSTALLATION

Revenue

$8,294

LATE PAYMENT FEES

Revenue

$39,402

LOCK BOX KEYS REFUNDED
CONTRIBUTIONS INC: TREPAC

Revenue

$8,301

Organization Details

Founding Year

1961

Principal Officer

Carolyn Coleman-Arnold

Main Address

3114 SUNBURST DRIVE, MIDLAND, TX, 79707

NTEE Category

Code: S47 - Community improvement

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