FLORIDA LAND TITLE ASSOCIATION INC

EIN: 237315382

TALLAHASSEE, FL

Total Revenue
$1,063,060
Total Expenses
$982,732
Total Assets
$2,242,023
Net Assets
$2,063,074
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
FL
Principal Officer
SCOTT MERRITT
Phone
8506816422
Tax Period
2024-01-01 to 2024-12-31

FLORIDA LAND TITLE ASSOCIATION INC, founded in 1914, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $983K left a modest 8% surplus.

Mission

FLTA'S MISSION IS TO SUPPORT THE LAND TITLE PROFESSION FOR PROTECTION OF PROPERTY RIGHTS AND THE INTEGRITY AND SECURITY OF REAL ESTATE TRANSACTIONS.

Program Service Accomplishments

Program 1

CONDUCTED ANNUAL CONVENTION TO PROMOTE THE EFFICIENCY, EDUCATION AND PUBLIC RELATIONS OF THE LAND TITLE INDUSTRY IN FLORIDA REGARDING ABSTRACTS OF TITLE, TITLE INSURANCE, AND CONVEYANCES OF REAL...

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CONDUCTED ANNUAL CONVENTION TO PROMOTE THE EFFICIENCY, EDUCATION AND PUBLIC RELATIONS OF THE LAND TITLE INDUSTRY IN FLORIDA REGARDING ABSTRACTS OF TITLE, TITLE INSURANCE, AND CONVEYANCES OF REAL PROPERTY. THE CONVENTION HOSTED MEMBERS AND VENDORS OFFERING PRODUCTS AND SERVICES TO IMPROVE THE LAND TITLE INDUSTRY THROUGH EDUCATIONAL SEMINARS, TESTING AND NETWORKING.

Program 2

ENHANCED EDUCATION THROUGH A PROFESSIONAL DESIGNATION PROGRAM FOR LAND TITLE PROFESSIONALS IN FLORIDA. THE CERTIFIED LAND TITLE INSTITUTE (CLT) OPERATES TO CONDUCT A YEARLY EXAMINATION IN TITLE...

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ENHANCED EDUCATION THROUGH A PROFESSIONAL DESIGNATION PROGRAM FOR LAND TITLE PROFESSIONALS IN FLORIDA. THE CERTIFIED LAND TITLE INSTITUTE (CLT) OPERATES TO CONDUCT A YEARLY EXAMINATION IN TITLE SEARCHING AND CLOSING PROFICIENCY. THE CLT CONDUCTS SEMINARS, TESTING AND GRADING, AND AWARDS CLS OR CLC DESIGNATION FOR EXPERTISE IN LAND TITLE SEARCHING AND LAND TITLE CLOSING. THE FLTA ALSO HOSTS CONTINUING EDUCATION SEMINARS THROUGHOUT THE YEAR TO ASSIST MEMBERS IN MAINTAINING THEIR HIGH PROFESSIONAL STANDARDS.

Program 3

PROVIDED MEMBERS VALUABLE INFORMATION REGARDING THE LAND TITLE INDUSTRY THROUGH A PUBLISHED DIGITAL NEWSLETTER "TALLAHASSEE REPORT" WHICH CONTAINS TOPICAL INDUSTRY NEWS, TECHNICAL INFORMATION...

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PROVIDED MEMBERS VALUABLE INFORMATION REGARDING THE LAND TITLE INDUSTRY THROUGH A PUBLISHED DIGITAL NEWSLETTER "TALLAHASSEE REPORT" WHICH CONTAINS TOPICAL INDUSTRY NEWS, TECHNICAL INFORMATION, LEGISLATIVE MATTERS, CLAIMS INFORMATION, PROFESSIONAL ACHIEVEMENTS, AND EMPLOYMENT OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $933,283
Investment Income $118,618
Other Revenue $11,159
TOTAL REVENUE $1,063,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,487
Fundraising Expenses $0
Other Expenses $620,245
TOTAL EXPENSES $982,732

Year-over-Year Comparison

2024 2023 Change
Revenue $1,063,060 $1,142,394 -0.1%
Expenses $982,732 $876,719 +0.1%
Net Income $80,328 $265,675 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
550

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
7
$191,021
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMENA CLINTON DIRECTOR 2.00
Director
$0 $0 $0
CRAIG HASKINS DIRECTOR 2.00
Director
$0 $0 $0
ERIN MILLER DIRECTOR 2.00
Director
$0 $0 $0
KEVIN GRAHAM DIRECTOR 2.00
Director
$0 $0 $0
LEE OFFIR DIRECTOR 2.00
Director
$0 $0 $0
LISA WALT DIRECTOR 2.00
Director
$0 $0 $0
MARTY SOLOMON DIRECTOR 2.00
Director
$0 $0 $0
PATTI MOSER DIRECTOR 2.00
Director
$0 $0 $0
SABINE SEIDEL DIRECTOR 2.00
Director
$0 $0 $0
SHELLEY STEWART DIRECTOR 2.00
Director
$0 $0 $0
ANDREA SOMERS DIRECTOR (THRU 10/24) 2.00
Director
$0 $0 $0
BILL PRIMO DIRECTOR (THRU 10/24) 2.00
Director
$0 $0 $0
LEONARD PRESCOTT DIRECTOR (THRU 10/24) 2.00
Director
$0 $0 $0
PAUL MCLAUGHLIN DIRECTOR (THRU 10/24) 2.00
Director
$0 $0 $0
JOHN STHRESHLEY IMMEDIATE PAST PRESIDENT, PRESIDENT (THRU 10/24) 2.00
Officer
$0 $0 $0
MELISSA MURPHY PRESIDENT, FIRST VP (THROUGH 10/24) 2.00
Officer
$0 $0 $0
BRIAN HOFFMAN FIRST VP, SECOND VP (THRU 10/24) 2.00
Officer
$0 $0 $0
LINDSAY HALL HARRISON SECOND VP, DIRECTOR (THRU 10/24) 2.00
Officer
$0 $0 $0
KATHI CHRISTOFF TREASURER 2.00
Officer
$0 $0 $0
MICHAEL GODAT IMMEDIATE PAST PRESIDENT (THRU 10/24) 2.00
Officer
$0 $0 $0
SCOTT MERRITT EXECUTIVE DIRECTOR 40.00
Officer
$179,400 $11,621 $191,021
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 $1,063,060 $982,732 $2,242,023 $80,328
2023 $1,142,394 $876,719 $2,047,356 $265,675
2022 $977,368 $826,457 $1,622,936 $150,911
2021 $823,185 $706,412 $1,696,367 $116,773
2020 $661,780 $524,796 $1,506,312 $136,984
2019 $764,961 $678,861 $1,473,696 $86,100
2018 $720,438 $653,999 $1,192,375 $66,439
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