BECKLEY BOARD OF REALTORS INC

EIN: 550639570 Community Improvement

BECKLEY, WV

Total Revenue
$288,077
Total Expenses
$258,206
Total Assets
$439,299
Net Assets
$259,715
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
WV
Principal Officer
AJ SPARACINO
Phone
3042528366
Tax Period
2024-01-01 to 2024-12-31

BECKLEY BOARD OF REALTORS INC, founded in 1971, is a small nonprofit in the Community Improvement sector that reported $288K in total revenue in fiscal year 2024. Expenses of $258K left a modest 10% surplus.

Mission

TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS. TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE REAL ESTATE PROFESSION AS EXPRESSED IN THE CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS. TO PROVIDE A UNIFIED MEDIUM FOR REAL ESTATE OWNERS AND THOSE ENGAGED IN THE REAL ESTATE PROFESSION WHEREBY THEIR INTERESTS MAY BE SAFEGUARDED AND ADVANCED. TO FURTHER THE INTERESTS OF HOME AND OTHER REAL PROPERTY OWNERSHIP. TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THIS COMMUNITY WITH THE WEST VIRGINIA ASSOCIATION OF REALTORS AND THE NATIONAL ASSOCIATION OF REALTORS, THEREBY FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE OF WEST VIRGINIA AND THE NATION AND OBTAINING THE BENEFITS AND PRIVILEGES OF MEMBERSHIP THEREIN. TO DESIGNATE, FOR THE BENEFIT OF THE PUBLIC, INDIVIDUALS AUTHORIZED TO USE THE TERMS REALTOR AND REALTORS AS LICENSED, PRESCRIBE

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,997
Program Service Revenue $248,261
Investment Income $5,450
Other Revenue $30,369
TOTAL REVENUE $288,077

Expense Breakdown

Grants Paid $14,400
Salaries & Benefits $55,554
Fundraising Expenses $0
Other Expenses $188,252
TOTAL EXPENSES $258,206

Year-over-Year Comparison

2024 2023 Change
Revenue $288,077 $275,200 +0.0%
Expenses $258,206 $224,925 +0.1%
Net Income $29,871 $50,275 -0.4%
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
8
Independent Members
8
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
7
$49,815
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY D COX EXECUTIVE OF 40.00
Officer
$25,217 $0 $25,217
AMANDA FAGIO EXECUTIVE OF 35.00
Officer
$24,598 $0 $24,598
KENNY BRYANT DIRECTOR 0.50
Director
$0 $0 $0
LAURA COLLINS SECRETARY 1.00
Officer Director
$0 $0 $0
MAKENZIE HALSTEAD DIRECTOR 0.50
Director
$0 $0 $0
KEVIN RASMUSSEN 2ND VICE PRE 1.00
Officer Director
$0 $0 $0
CHRISTY SHORT DIRECTOR 0.50
Director
$0 $0 $0
MARLA SINKO TREASURER 1.00
Officer Director
$0 $0 $0
CATHY SMITH FORMER PRES. 1.00
Officer Director
$0 $0 $0
AJ SPARACINO PRESENT PRES 1.00
Officer 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 $288,077 $258,206 $439,299 $29,871
2024 No data No data No data No data
2023 $275,200 $224,925 $360,536 $50,275
2022 $258,589 $226,057 $305,192 $32,532
2021 $248,722 $230,335 $253,521 $18,387
2020 $233,929 $187,482 $223,836 $46,447
2019 $203,771 $197,756 $97,134 $6,015
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