GREATER METROPOLITAN ASSOC OF REALTORS

EIN: 237330987

SOUTHFIELD, MI

Total Revenue
$500,284
Total Expenses
$3,129,011
Total Assets
$8,394,781
Net Assets
$4,058,818
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
MI
Principal Officer
VICKEY LIVERNOIS
Phone
2484781700
Tax Period
2023-01-01 to 2023-12-31

GREATER METROPOLITAN ASSOC OF REALTORS, founded in 1920, is a small nonprofit that reported $500K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 525% operating deficit.

Mission

TO UNITE MEMBERS OF ALL REAL ESTATE PROFESSIONS FOR THE PURPOSE OF FURTHERING THEIR INTERESTS AND THOSE OF PROPERTY OWNERS.

Program Service Accomplishments

Program 1

PROVIDE INFORMATION TO ASSOCIATION MEMBERS REGARDING INDUSTRY CHANGES, LEGISLATION, THE CODE OF ETHICS, THE MLS SYSTEM, ORIENTATION CLASSES FOR NEW REALTORS, MONTHLY NEWSLETTERS AND VARIOUS SEMINARS.

Program 2

DEVELOP, PROMOTE AND PROVIDE QUALITY EDUCATION PROGRAMS TO MEMBERS AND THE REALTOR COMMUNITY, THEREBY INCREASING THE QUALITY OF PROFESSIONAL SERVICES PROVIDED BY PARTICIPANTS.

Program 3

PROVIDE ENFORCEMENT OF THE CODE OF ETHICS THROUGH GRIEVANCE/PROFESSIONAL STANDARDS SYSTEM. OFFER PROGRAMS TO MAXIMIZE MEMBER AWARENESS AND UNDERSTANDING OF THE CODE OF ETHICS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $66,571
Program Service Revenue $2,885,082
Investment Income $-2,456,526
Other Revenue $5,157
TOTAL REVENUE $500,284

Expense Breakdown

Grants Paid $63,173
Salaries & Benefits $1,619,819
Fundraising Expenses $0
Other Expenses $1,446,019
TOTAL EXPENSES $3,129,011

Year-over-Year Comparison

2023 2022 Change
Revenue $500,284 $2,902,989 -0.8%
Expenses $3,129,011 $2,505,333 +0.2%
Net Income $-2,628,727 $397,656 -7.6%
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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
16
Volunteers
125

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
3
$295,218
Total Directors
14
$295,218
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN BOJI PRESIDENT 1.00
Officer Director
$0 $0 $0
DENNIS KOZAK TREASURER 1.00
Officer Director
$0 $0 $0
VICKEY LIVERNOIS CEO/SECRETAR 40.00
Officer Director
$294,550 $668 $295,218
TERI SPIRO DIRECTOR 1.00
Director
$0 $0 $0
KATIE WEAVER DIRECTOR 1.00
Director
$0 $0 $0
CHELSEA CAIN DIRECTOR 1.00
Director
$0 $0 $0
MELISSA DEGEN DIRECTOR 1.00
Director
$0 $0 $0
DEE DEE OHARA-BLIZARD DIRECTOR 1.00
Director
$0 $0 $0
TONI JENNINGS DIRECTOR 1.00
Director
$0 $0 $0
PAM BARTLING DIRECTOR 1.00
Director
$0 $0 $0
DEVON SMITH DIRECTOR 1.00
Director
$0 $0 $0
JAYE SANDERS DIRECTOR 1.00
Director
$0 $0 $0
JEFF FLETCHER DIRECTOR 1.00
Director
$0 $0 $0
KEVIN HULTGREN DIRECTOR 1.00
Director
$0 $0 $0
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 $500,284 $3,129,011 $8,394,781 $-2,628,727
2022 $2,902,989 $2,505,333 $11,638,377 $397,656
2021 $2,699,721 $2,229,362 $10,615,549 $470,359
2020 $2,322,133 $2,092,375 $9,353,962 $229,758
2019 $2,247,002 $2,090,026 $7,912,763 $156,976
2018 $2,169,348 $1,743,763 $7,241,469 $425,585
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GREATER METROPOLITAN ASSOC OF REALTORS with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.