SOUTHWEST INDIANA ASSOCIATION OF REALTORS

EIN: 356021215

EVANSVILLE, IN

Total Revenue
$395,711
Total Expenses
$399,784
Total Assets
$3,214,332
Net Assets
$2,315,335
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
IN
Principal Officer
KIMBERLY SEIBERT
Phone
8124733333
Tax Period
2025-01-01 to 2025-12-31

SOUTHWEST INDIANA ASSOCIATION OF REALTORS, founded in 1947, is a small nonprofit that reported $396K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. Net assets of $2.3M represent 70 months of operating reserves.

Mission

THE ASSOCIATION OPERATES TO PROMOTE HIGH PROFESSIONAL STANDARDS IN THE REAL ESTATE SALES INDUSTRY BY PROVIDING CONTINUING EDUCATION FOR ITS MEMBERS, AS WELL AS TRAINING FOR PEOPLE WISHING TO ENTER THE FIELD.

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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 $342,504
Program Service Revenue $26,195
Investment Income $8,547
Other Revenue $18,465
TOTAL REVENUE $395,711

Expense Breakdown

Grants Paid $20,788
Salaries & Benefits $167,047
Fundraising Expenses $0
Other Expenses $211,949
TOTAL EXPENSES $399,784

Year-over-Year Comparison

2025 2024 Change
Revenue $395,711 $447,198 -0.1%
Expenses $399,784 $450,577 -0.1%
Net Income $-4,073 $-3,379 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
6
Volunteers
100

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
$102,513
Total Directors
14
$102,513
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY SEIBERT CEO 40.00
Officer Director
$0 $0 $102,513
RYAN CRAIG PRESIDENT EL 2.00
Officer Director
$0 $0 $0
RANDY FOLZ MEMBER 2.00
Director
$0 $0 $0
KINDRA HIRT MEMBER 2.00
Director
$0 $0 $0
KRISTIE KIRSCH MEMBER 2.00
Director
$0 $0 $0
DON LEE MEMBER 2.00
Director
$0 $0 $0
RYAN MITCHELL PRESIDENT 2.00
Officer Director
$0 $0 $0
YVETTE PAYNE MEMBER 2.00
Director
$0 $0 $0
JOHN PETKOVSEK TREASURER 2.00
Officer Director
$0 $0 $0
MITCH SCHULZ IMM PAST PRE 2.00
Officer Director
$0 $0 $0
BEV STAGGS MEMBER 2.00
Director
$0 $0 $0
ANGIE STUCKWISCH MEMBER 2.00
Director
$0 $0 $0
JOHN WIRSHORK MEMBER 2.00
Director
$0 $0 $0
BRIAN WOODS MEMBER 2.00
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
2025 $395,711 $399,784 $3,214,332 $-4,073
2024 $447,198 $450,577 $3,420,919 $-3,379
2024 $447,198 $450,577 $3,420,919 $-3,379
2023 $614,885 $408,120 $3,216,021 $206,765
2023 $614,885 $408,120 $3,216,021 $206,765
2022 $439,591 $356,466 $2,963,241 $83,125
2022 $439,591 $356,466 $2,963,241 $83,125
2021 $354,158 $269,968 $2,012,220 $84,190
2020 $334,366 $276,067 $1,923,489 $58,299
2019 $357,491 $309,335 $1,787,623 $48,156
2018 $354,129 $293,280 $1,723,167 $60,849
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