GREATER CAPITAL ASSOCIATION OF REALTORS INC

EIN: 141468905

ALBANY, NY

Total Revenue
$2,715,396
Total Expenses
$2,051,021
Total Assets
$7,069,848
Net Assets
$6,288,859
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1924
Legal Domicile
NY
Principal Officer
LAURA J BURNS
Phone
5184640191
Tax Period
2025-01-01 to 2025-12-31

GREATER CAPITAL ASSOCIATION OF REALTORS INC, founded in 1924, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2025. The organization ran a surplus of $664K, a strong 24% operating margin.

Mission

THE GREATER CAPITAL ASSOCIATION OF REALTORS IS A PROFESSIONAL TRADE ASSOCIATION WHICH PROVIDES ITS MEMBERS WITH VALUE THROUGH PROGRAMS AND SERVICES, THE PROMOTION OF COOPERATION AND ETHICS AMONG ITS MEMBERS, AND SUPPORT OF THE COMMUNITY THROUGH CHARITABLE ACTIVITIES AND THE CHAMPIONING OF PRIVATE PROPERTY RIGHTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,240,321
Investment Income $96,680
Other Revenue $1,378,395
TOTAL REVENUE $2,715,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,390,601
Fundraising Expenses $0
Other Expenses $660,420
TOTAL EXPENSES $2,051,021

Year-over-Year Comparison

2025 2024 Change
Revenue $2,715,396 $2,675,466 +0.0%
Expenses $2,051,021 $1,948,366 +0.1%
Net Income $664,375 $727,100 -0.1%
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
11
Independent Members
11
Employees
20
Volunteers
104

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
5
$313,435
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HALEH STRUZINSKY DIRECTOR 0.50
Director
$0 $0 $0
SUZANNE PREZIO DIRECTOR 0.50
Director
$0 $0 $0
FELTON MCLAUGHLIN DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER MENTIPLY DIRECTOR 0.50
Director
$0 $0 $0
KATHIE A SPANGLER DIRECTOR 0.50
Director
$0 $0 $0
LORENZO MURRAY DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE POCCIA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN CERONE DIRECTOR 0.50
Director
$0 $0 $0
KATHLEEN M SULLIVAN IMMED. PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
MELISSA W WOODCOCK PRESIDENT 1.00
Officer Director
$0 $0 $0
KIRSTEN BLANCHARD PRESIDENT- ELECT 1.00
Officer Director
$0 $0 $0
LAURA BURNS CHIEF EXEC OFFC 38.00
Officer
$284,048 $29,387 $313,435
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
2025 $2,715,396 $2,051,021 $7,069,848 $664,375
2024 $2,675,466 $1,948,366 $6,494,217 $727,100
2023 $2,474,409 $1,860,798 $5,700,159 $613,611
2022 $2,527,240 $1,810,437 $5,007,109 $716,803
2021 $2,009,520 $1,562,325 $4,344,611 $447,195
2020 $1,819,381 $1,437,266 $3,869,227 $382,115
2019 $1,794,625 $1,435,939 $3,413,567 $358,686
2018 $1,783,533 $1,304,084 $3,109,205 $479,449
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