NORTHEASTERN MICHIGAN BOARD OF REALTORS (EIN 382998873) - 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

1990

Legal Domicile

Principal Officer

KRISTI BENEDICT

Phone

9897285165

Tax Period

2025-01-01 to 2025-12-31

NORTHEASTERN MICHIGAN BOARD OF REALTORS, founded in 1990, is a small nonprofit that reported $205K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

OUR PRIMARY PURPOSE IS TO EDUCATE AND PROMOTE REALTORS IN OUR COMMUNITY

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $84,073

Program Service Revenue $107,935

Investment Income $7,392

Other Revenue $5,985

TOTAL REVENUE $205,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,829

Fundraising Expenses $0

Program Expenses $65,742

Other Expenses $22,583

TOTAL EXPENSES $207,789

Year-over-Year Comparison

	2025	2024	Change
Revenue	$205,385	$262,356	-0.2%
Expenses	$207,789	$224,481	-0.1%
Net Income	$-2,404	$37,875	-1.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CENTURY 21 TAWAS REALTY	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
OLSEN INDPENDENT REAL ESTATE	VP-ARENAC COUNTY	1.00	Director	$0	$0	$0
TARGET REAL ESTATE COMPANY	VP-IOSCO COUNTY	2.00	Director	$0	$0	$0
CA HANES REALTY	VP-OGEMAW COUNTY	1.00	Director	$0	$0	$0
MORRIS RICHARDSON REAL ESTATE	PRESIDENT-ELECT	2.00	Director	$0	$0	$0
SCOFIELD REAL ESTATE	PRESIDENT	1.00	Director	$0	$0	$0
HAPPY ACRES REAL ESTATE	DIRECTOR	1.00	Director	$0	$0	$0
ARENAC REALTY PETE STANLEY ASSOCIAT	DIRECTOR	1.00	Director	$0	$0	$0
SCOFIELD REAL ESTATE	DIRECTOR	1.00	Director	$0	$0	$0
TONIA MUCKENTHALER APPRAISER	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
2025	$205,385	$207,789	$381,336	$-2,404
2024	$262,356	$224,481	$386,468	$37,875
2023	$239,370	$248,028	$348,403	$-8,658
2022	$281,402	$249,541	$356,929	$31,861
2021	$236,348	$217,376	$326,387	$18,972
2020	$239,029	$215,855	$300,650	$23,174
2019	$239,382	$210,276	$247,697	$29,106
2018	$229,295	$205,709	$222,680	$23,586

NORTHEASTERN MICHIGAN BOARD OF REALTORS