COASTAL CAROLINA ASSOCIATION OF REALTORS INC

EIN: 237323477

MYRTLE BEACH, SC

Total Revenue
$1,981,793
Total Expenses
$2,020,385
Total Assets
$8,586,529
Net Assets
$5,974,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
SC
Principal Officer
LAURA CROWTHER
Phone
8436263638
Tax Period
2023-01-01 to 2023-12-31

COASTAL CAROLINA ASSOCIATION OF REALTORS INC, founded in 1972, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $6.0M represent 36 months of operating reserves.

Mission

PROVIDE RESOURCES THAT ENHANCE THE ABILITY OF REALTOR MEMBERS TO SERVE THEIR CUSTOMERS AND CLIENTS IN A PROFESSIONAL AND ETHICAL MANNER.THE COASTAL CAROLINAS ASSOCIATION OF REALTORS IS THE REAL ESTATE RESOURCE FOR MEMBERS AND THE COMMUNITY. ACCOUNTABILITY - AN OBLIGATION OR WILLINGNESS TO ACCEPT RESPONSIBILITY OR TO ACCOUNT FOR ONE'S ACTIONSSERVICE - AN ACT OF HELPFUL ACTIVITY; HELP; AIDHONESTY - FAIRNESS AND STRAIGHTFORWARDNESS OF CONDUCTINTEGRITY - FIRM ADHERENCE TO A CODE OF ESPECIALLY MORAL OR ARTISTIC VALUESPROFESSIONALISM - THE CONDUCT, AIMS OR QUALITIES THAT CHARACTERIZE OR MARK A PROFESSION OR A PROFESSIONALTHE COASTAL CAROLINAS ASSOCIATION OF REALTORS SERVES AS THE PROFESSIONAL TRADE ORGANIZATION FOR OVER 3800 REALTOR MEMBERS ON THE GRAND STRAND. WE WORK BEHIND THE SCENES DELIVERING SERVICES THAT KEEP OUR MEMBERS IN THE FOREFRONT OF THE REAL ESTATE INDUSTRY. WE ARE THE UNITED VOICE REPRESENTING AND PROTECTING THE INTERESTS OF PROPERTY OWNERS IN THE COMMUNITY.

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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 $0
Program Service Revenue $1,724,239
Investment Income $102,976
Other Revenue $154,578
TOTAL REVENUE $1,981,793

Expense Breakdown

Grants Paid $0
Salaries & Benefits $698,554
Fundraising Expenses $0
Other Expenses $1,321,831
TOTAL EXPENSES $2,020,385

Year-over-Year Comparison

2023 2022 Change
Revenue $1,981,793 $1,805,363 +0.1%
Expenses $2,020,385 $1,734,655 +0.2%
Net Income $-38,592 $70,708 -1.5%
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
13
Independent Members
13
Employees
16
Volunteers
71

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
9
$391,739
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON JACKSON PAST-PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMIE BROADHURST PRESIDENT 2.00
Officer Director
$0 $0 $0
MANDY FULFORD TREASURER 2.00
Officer Director
$0 $0 $0
BRIE BENDER PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
MAX NEUBAUER AFFILIATE DIRECTOR 2.00
Director
$0 $0 $0
BRANDI MINCHILLO DIRECTOR 2.00
Director
$0 $0 $0
MIKE HILL SECRETARY 2.00
Director
$0 $0 $0
JOHN LINDSTRAND DIRECTOR 2.00
Director
$0 $0 $0
DREW STREETT NAR DIRECTOR 2.00
Officer Director
$0 $0 $0
RENNY DIEDRICH NAR DIRECTOR & REGIONAL VP 2.00
Officer Director
$0 $0 $0
MARY CHILDRESS DIRECTOR 2.00
Director
$0 $0 $0
RUTH LEMOINE DIRECTOR 2.00
Director
$0 $0 $0
KRISTINE OWENS DIRECTOR 2.00
Director
$0 $0 $0
LAURA CROWTHER CHIEF EXECUTIVE OFFICER 40.00
Officer
$287,905 $18,782 $306,687
LAURA RIPPY CHIEF FINANCIAL OFFICER 40.00
Officer
$22,260 $2,792 $25,052
JOE HEYD CHEIF FINANCIAL OFFICER 40.00
Officer
$60,000 $0 $60,000
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 $1,981,793 $2,020,385 $8,586,529 $-38,592
2022 $1,805,363 $1,734,655 $8,413,638 $70,708
2021 $3,984,565 $3,797,918 $8,223,742 $186,647
2020 $3,746,498 $3,601,108 $7,986,491 $145,390
2019 $3,226,984 $3,216,929 $7,774,219 $10,055
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