BUFFALO NIAGARA ASSOCIATION OF REALTORS INC (EIN 160367770) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1904

Legal Domicile

Principal Officer

JOHN LEONARDI

Phone

7166369000

Tax Period

2024-01-01 to 2024-12-31

BUFFALO NIAGARA ASSOCIATION OF REALTORS INC, founded in 1904, is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2024.

Mission

TO ASSIST MEMBERS TO BECOME SUCCESSFUL AND PROFITABLE REAL ESTATE PROFESSIONALS AND TO PROMOTE PROFESSIONALISM, COOPERATION, FAIR HOUSING AND REAL PROPERTY RIGHTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,309,233

Investment Income $62,338

Other Revenue $754,248

TOTAL REVENUE $3,125,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,192,253

Fundraising Expenses $0

Other Expenses $1,928,371

TOTAL EXPENSES $3,120,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,125,819	$3,040,524	+0.0%
Expenses	$3,120,624	$3,051,438	+0.0%
Net Income	$5,195	$-10,914	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

222

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

$389,134

Total Directors

$7,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL HUSVAR	BOARD MEMBER	9.00	Director	$0	$0	$0
KELLY SPURLOCK	BOARD MEMBER/PRESIDENT-ELECT	9.00	Officer Director	$0	$0	$0
PETER F HUNT	BOARD MEMBER/DIRECTOR-AT-LARGE	3.50	Director	$0	$0	$0
ROSALIND BURGIN	BOARD MEMBER	10.50	Director	$0	$0	$0
VIENNA LAURENDI	BOARD MEMBER/PRESIDENT	10.50	Officer Director	$0	$0	$0
MARCY DEXHEIMER	BOARD MEMBER (TO 12/31/24)	10.50	Director	$0	$0	$0
J GERARD GREEN	BOARD MEMBER (TO 12/31/24)	10.50	Director	$0	$0	$0
DAVID VANSCHOONHOVEN	BOARD MEMBER (TO 12/31/24)	10.50	Director	$0	$0	$0
LORI ADAMS	BOARD MEMBER/SECRETARY/TREASURER	10.50	Officer Director	$1,850	$0	$1,850
MARCIE DELGATY	BOARD MEMBER	10.50	Director	$600	$0	$600
BRIAN MILLER	BOARD MEMBER	7.50	Director	$0	$0	$0
TAMIKA MURPHY	BOARD MEMBER	9.00	Director	$0	$0	$0
MELVIN TAYLOR JR	BOARD MEMBER (TO 12/31/24)	6.50	Director	$2,550	$0	$2,550
MATT WHITEHEAD	BOARD MEMBER/DIRECTOR-AT-LARGE	1.50	Director	$0	$0	$0
ANNABELLE AQUILINA	BOARD MEMBER	10.50	Director	$2,000	$0	$2,000
JOHN GERACE	BOARD MEMBER	10.50	Director	$0	$0	$0
SHUFEN JUDY LEE	BOARD MEMBER	10.50	Director	$0	$0	$0
BRET LLEWELLYN	BOARD MEMBER	10.50	Director	$0	$0	$0
JOHN LEONARDI	CEO	50.00	Officer	$232,495	$32,135	$264,630
KATHY SCHMITZ	CFO	50.00	Officer	$105,475	$17,179	$122,654
LINDA M DOANE	PUBLISHER	40.00	Highest	$114,641	$10,418	$125,059

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	$3,125,819	$3,120,624	$3,954,789	$5,195
2023	$3,040,524	$3,051,438	$4,081,627	$-10,914
2022	$3,122,677	$2,908,016	$4,268,777	$214,661
2021	$3,212,115	$2,789,173	$2,649,786	$422,942
2020	$2,140,098	$2,014,970	$1,785,905	$125,128
2019	$2,101,438	$2,291,536	$1,939,150	$-190,098
2018	$1,992,637	$1,985,785	$1,818,098	$6,852

BUFFALO NIAGARA ASSOCIATION OF REALTORS INC