MOUNT RUSHMORE AREA ASSOCIATION OF REALT

EIN: 460398741

SPEARFISH, SD

Total Revenue
$776,995
Total Expenses
$771,828
Total Assets
$109,653
Net Assets
$10,885
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
SD
Principal Officer
BRANDY PURCELL
Phone
6057220181
Tax Period
2023-01-01 to 2023-12-31

MOUNT RUSHMORE AREA ASSOCIATION OF REALTORS INC, founded in 2013, is a small nonprofit that reported $479K in total revenue in fiscal year 2019.

Mission

THE PURPOSE OF THE MT. RUSHOMRE AREA ASSOC. OF REALTORS IS TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION THROUGHOUT LAWRENCE, BUTTE, MEADE, PERKINGS AND HARDING COUNTIES OF SOUTH DAKOTA FOR:A)THE PURPOSE OF EXERTING A BENFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS;B)TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION AS STATED IN THE CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS;C)TO PROVIDE A UNIFIED MEDIUM FOR REAL ESTATE OWNERS AND THOSE ENGAGED IN THE REAL ESTATE PROFESSION TO SAFEGUARD AND ADVANCE THEIR INTEREST;D)TO FURTHER THE INTEREST OF HOME AND OTHER REAL PROPERTY OWNERSHIP;E)TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THESE COMMUNITIES WITH THE SOUTH DAKOTA ASSOCIATION OF REALTORS AND THE NATIONAL ASSOCIATION OF REALTORS, THEREBY FURTHERING THEIR OBJECTIVES THROUGHOUT THE STATE AND NATIONALLY.THE ASSOCIATION MAINTAINED AN OFFICE AND PROFESSIONAL STAFF TO SERVE THE MEMEBERS.THE A

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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 $237,116
Investment Income $0
Other Revenue $539,879
TOTAL REVENUE $776,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $146,041
Fundraising Expenses $0
Other Expenses $625,787
TOTAL EXPENSES $771,828

Year-over-Year Comparison

2023 2022 Change
Revenue $776,995 $662,331 +0.2%
Expenses $771,828 $686,317 +0.1%
Net Income $5,167 $-23,986 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
2
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
4
$83,267
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK KAZMER PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
JASON TYSDAL STATE DIRECTOR 2.00
Officer Director
$0 $0 $0
CRYSTAL WILES SECRETARY/TREAS 2.00
Director
$0 $0 $0
CHRISTINE HEIDEBRINK PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREA RONNING STATE DIRECTOR 2.00
Director
$0 $0 $0
SPENCER ROSSI STATE DIRECTOR 2.00
Director
$0 $0 $0
DANIEL JACOBSEN STATE DIRECTOR 2.00
Director
$0 $0 $0
CASEY RAFTEVOLD PRESIDENT ELECT 2.00
Director
$0 $0 $0
HEIDI LEWIS LOCAL DIRECTOR 2.00
Director
$0 $0 $0
SIDNEY TOENNIES LOCAL DIRECTOR 2.00
Director
$0 $0 $0
TROY SHOCKEY LOCAL DIRECTOR 2.00
Director
$0 $0 $0
LORI SVOBODA LOCAL DIRECTOR 2.00
Director
$0 $0 $0
CATHY MOSSET LOCAL DIRECTOR 2.00
Director
$0 $0 $0
BRANDY PURCELL EXECUTIVE DIR. 40.00
Officer
$83,267 $0 $83,267
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 $776,995 $771,828 $109,653 $5,167
2022 $662,331 $686,317 $73,247 $-23,986
2021 $592,470 $583,374 $166,301 $9,096
2020 $522,303 $493,329 $123,890 $28,974
2019 $479,147 $482,697 $90,532 $-3,550
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