Seacoast Board of Realtors Inc

EIN: 020263868 Community Improvement

Portsmouth, NH

Total Revenue
$419,124
Total Expenses
$370,808
Total Assets
$1,857,090
Net Assets
$997,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NH
Principal Officer
JESSICA RITCHIE
Phone
6034339990
Tax Period
2023-01-01 to 2023-12-31

Seacoast Board of Realtors Inc, founded in 1958, is a small nonprofit in the Community Improvement sector that reported $419K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $371K left a modest 12% surplus.

Mission

The Seacoast Board of REALTORS maintains its reputation as the undisputed voice of real estate in our region by working in conjunction with the National Association of REALTORS (NAR) and the New Hampshire Association of REALTORS (NHAR) to provide REALTOR members with the quality resources and advocacy required to assist consumers with the highest level of professional and ethical service.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $316,890
Program Service Revenue $54,831
Investment Income $27,547
Other Revenue $19,856
TOTAL REVENUE $419,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,460
Fundraising Expenses $0
Program Expenses $370,808
Other Expenses $246,348
TOTAL EXPENSES $370,808

Year-over-Year Comparison

2023 2022 Change
Revenue $419,124 $489,649 -0.1%
Expenses $370,808 $422,096 -0.1%
Net Income $48,316 $67,553 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$95,634
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEXIE LEDDY DIRECTOR 1.00
Director
$0 $0 $0
LYNN LAGASSE PRESIDENT ELECT 1.00
Director
$0 $0 $0
RYAN KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
KEVIN KNEELAND TREASURER 1.00
Director
$0 $0 $0
MONIK GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
JESSICA RITCHIE PRESIDENT 1.00
Director
$0 $0 $0
LISA NICHOLSON DIRECTOR 1.00
Director
$0 $0 $0
JIM LEE DIRECTOR 1.00
Director
$0 $0 $0
LAURA POULIOT DIRECTOR 1.00
Director
$0 $0 $0
AMANDA PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN PETERSON EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $42,969
JESSICA MOZDIERZ EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $52,665
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $419,124 $370,808 $1,857,090 $48,316
2022 $489,649 $422,096 $1,801,601 $67,553
2021 $507,801 $332,008 $1,278,330 $175,793
2020 $460,805 $370,572 $995,890 $90,233
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