NORTH CAROLINA ASSOCIATION OF REALTORS INC

EIN: 560488849

GREENSBORO, NC

Total Revenue
$12,491,646
Total Expenses
$10,802,348
Total Assets
$33,550,303
Net Assets
$28,806,652
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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
NC
Principal Officer
ANDREA BUSHNELL
Phone
3362941415
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA ASSOCIATION OF REALTORS INC, founded in 1935, is a mid-sized nonprofit that reported $12.5M in total revenue in fiscal year 2023. Expenses of $10.8M left a modest 14% surplus.

Mission

TO PROMOTE THE COMMON INTEREST OF PRACTICING REALTORS IN THE STATE OF NORTH CAROLINA BY PROVIDING SERVICES AND RESOURCES TO AID IN THEIR SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $10,802,348 Revenue: $11,814,841

PROMOTED COMMON BUSINESS INTERESTS OF OVER 56,600 PRACTICING REALTOR MEMBERS IN THE STATE OF NORTH CAROLINA BY: PRESERVING AND PROMOTING THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY; MAINTAINING...

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PROMOTED COMMON BUSINESS INTERESTS OF OVER 56,600 PRACTICING REALTOR MEMBERS IN THE STATE OF NORTH CAROLINA BY: PRESERVING AND PROMOTING THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY; MAINTAINING A LEADERSHIP ROLE IN THE LEGISLATIVE, POLITICAL AND REGULATORY PROCESS; PROMOTING AND MAINTAINING THE HIGHEST ETHICAL STANDARDS; DEVELOPING AND PROVIDING THE BEST EDUCATION, PRODUCTS AND SERVICES; PROMOTING HOUSING AFFORDABILITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $233,947
Program Service Revenue $11,814,841
Investment Income $417,034
Other Revenue $25,824
TOTAL REVENUE $12,491,646

Expense Breakdown

Grants Paid $1,121,091
Salaries & Benefits $4,287,774
Fundraising Expenses $0
Program Expenses $10,802,348
Other Expenses $5,393,483
TOTAL EXPENSES $10,802,348

Year-over-Year Comparison

2023 2022 Change
Revenue $12,491,646 $11,880,706 +0.1%
Expenses $10,802,348 $10,236,787 +0.1%
Net Income $1,689,298 $1,643,919 +0.0%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
133
Independent Members
133
Employees
45
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
8
$1,102,331
Total Directors
134
$515,243
Key Employees
2
$431,725
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA BUSHNELL CEO (NON-VOT 40.00
Officer Director
$477,885 $37,358 $515,243
MARK ZIMMERMAN SR VICE PRES 40.00
Key Emp
$239,098 $23,843 $262,941
BRYAN M JENKINS CFO 40.00
Officer
$195,350 $24,365 $219,715
JESSICA HUGHES COO 40.00
Officer
$171,312 $17,323 $188,635
CAITLIN THOMPSON CHIEF LEGAL 40.00
Officer
$156,536 $22,202 $178,738
SARA MCKENZIE ALLEN VP COMM & MA 40.00
Key Emp
$152,492 $16,292 $168,784
MARY T LOWE VP MEMBER EN 40.00
Highest
$126,604 $6,827 $133,431
KRISTIN NASH DIRECT POL F 40.00
Highest
$109,416 $13,955 $123,371
DONNA PETERSON EXECUTIVE AS 40.00
Highest
$100,773 $12,476 $113,249
LINDA BRIDGES CONTROLLER 40.00
Highest
$102,055 $10,001 $112,056
ERNEST ALEXANDER DIRECTOR 2.00
Director
$0 $0 $0
BRITTANY ALLEN DIRECTOR 2.00
Director
$0 $0 $0
CHARLES ALLEN DIRECTOR 2.00
Director
$0 $0 $0
KAREN ALLRED DIRECTOR 2.00
Director
$0 $0 $0
MARVETTE ARTIS DIRECTOR 2.00
Director
$0 $0 $0
DENNIS BAILEY DIRECTOR 2.00
Director
$0 $0 $0
KIM BAKER DIRECTOR 2.00
Director
$0 $0 $0
JAMES BARNES DIRECTOR 2.00
Director
$0 $0 $0
MARGARET BARTLETT DIRECTOR 2.00
Director
$0 $0 $0
ARIC B BEALS DIRECTOR 2.00
Director
$0 $0 $0
EMILY BISH DIRECTOR 2.00
Director
$0 $0 $0
TONEY BLACK DIRECTOR 2.00
Director
$0 $0 $0
COLLEEN BLONDELL DIRECTOR 2.00
Director
$0 $0 $0
OLITA BOONE DIRECTOR 2.00
Director
$0 $0 $0
CAROL BRADLEY DIRECTOR 2.00
Director
$0 $0 $0
ZACHARY BRADLEY DIRECTOR 2.00
Director
$0 $0 $0
DOUG BRINDLEY DIRECTOR 2.00
Director
$0 $0 $0
LEIGH BROWN PRESIDENT 2.00
Officer Director
$0 $0 $0
CINDIE BURNS DIRECTOR 2.00
Director
$0 $0 $0
BRETT BUSHNELL DIRECTOR 2.00
Director
$0 $0 $0
BROOKE CASHION DIRECTOR 2.00
Director
$0 $0 $0
BOBBIE COLLINS DIRECTOR 2.00
Director
$0 $0 $0
RENEE COONEY DIRECTOR 2.00
Director
$0 $0 $0
MARISOL CORREA-BARBOSA DIRECTOR 2.00
Director
$0 $0 $0
CODJO COSSOU DIRECTOR 2.00
Director
$0 $0 $0
SOFIA CRISP DIRECTOR 2.00
Director
$0 $0 $0
ALLEN DARGINS DIRECTOR 2.00
Director
$0 $0 $0
RUSTY DAVIS DIRECTOR 2.00
Director
$0 $0 $0
KIMBERLY L DAWSON DIRECTOR 2.00
Director
$0 $0 $0
SHARON DAWSON DIRECTOR 2.00
Director
$0 $0 $0
RANDY DOCKERY DIRECTOR 2.00
Director
$0 $0 $0
HARRIETTE H DOGGETT DIRECTOR 2.00
Director
$0 $0 $0
HUNTER DONALDSON DIRECTOR 2.00
Director
$0 $0 $0
RACHEL ELLIOTT DIRECTOR 2.00
Director
$0 $0 $0
TREASURE FAIRCLOTH DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER L FRONTERA DIRECTOR 2.00
Director
$0 $0 $0
PETER GALLO DIRECTOR 2.00
Director
$0 $0 $0
MEGAN GERBER DIRECTOR 2.00
Director
$0 $0 $0
RANDALL GOODING DIRECTOR 2.00
Director
$0 $0 $0
SYMANTHA GRAGG DIRECTOR 2.00
Director
$0 $0 $0
BILLIE GREEN DIRECTOR 2.00
Director
$0 $0 $0
CHRISTY GRIFALDO DIRECTOR 2.00
Director
$0 $0 $0
LEWIS E GRUBBS DIRECTOR 2.00
Director
$0 $0 $0
TONY HARRINGTON PRESIDENT-EL 2.00
Officer Director
$0 $0 $0
WENDY HARRIS PAST PRESIDE 2.00
Officer Director
$0 $0 $0
CINDI HASTINGS DIRECTOR 2.00
Director
$0 $0 $0
BRENDA D HAYDEN DIRECTOR 2.00
Director
$0 $0 $0
CONNIE HEDRICK DIRECTOR 2.00
Director
$0 $0 $0
BETH HELTON DIRECTOR 2.00
Director
$0 $0 $0
WENDI HENSEL DIRECTOR 2.00
Director
$0 $0 $0
MARTIN HILL DIRECTOR 2.00
Director
$0 $0 $0
CINDY HOPE DIRECTOR 2.00
Director
$0 $0 $0
TORI HUMPHREY DIRECTOR 2.00
Director
$0 $0 $0
EDWARD F BAESEL III DIRECTOR 2.00
Director
$0 $0 $0
ANN MARIE JANNI DIRECTOR 2.00
Director
$0 $0 $0
TIFFANY JOHANNES DIRECTOR 2.00
Director
$0 $0 $0
ERIN JOLLY DIRECTOR 2.00
Director
$0 $0 $0
FRANK S DERONJA JR DIRECTOR 2.00
Director
$0 $0 $0
TAYLOR KASTNER DIRECTOR 2.00
Director
$0 $0 $0
KIMBERLY KENDALL DIRECTOR 2.00
Director
$0 $0 $0
LAURIE KNUDSEN TREASURER 2.00
Officer Director
$0 $0 $0
MADALYN KUNOW DIRECTOR 2.00
Director
$0 $0 $0
ZACHARY LILLY DIRECTOR 2.00
Director
$0 $0 $0
LAURIE LINDER DIRECTOR 2.00
Director
$0 $0 $0
SUZANNE LONDON DIRECTOR 2.00
Director
$0 $0 $0
TODD D LONG DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE MALLETTE DIRECTOR 2.00
Director
$0 $0 $0
ONYX MARTIN DIRECTOR 2.00
Director
$0 $0 $0
DAVID MASSEY DIRECTOR 2.00
Director
$0 $0 $0
TIM MCBRAYER DIRECTOR 2.00
Director
$0 $0 $0
JONATHAN MCBRIDE DIRECTOR 2.00
Director
$0 $0 $0
PAUL MCGILL DIRECTOR 2.00
Director
$0 $0 $0
MELISSA MCKINNEY DIRECTOR 2.00
Director
$0 $0 $0
HILBURN MICHEL DIRECTOR 2.00
Director
$0 $0 $0
STEVEN MITCHELL DIRECTOR 2.00
Director
$0 $0 $0
JOHN MUIR DIRECTOR 2.00
Director
$0 $0 $0
BENJAMIN MYERS DIRECTOR 2.00
Director
$0 $0 $0
CAROL MYERS DIRECTOR 2.00
Director
$0 $0 $0
SALLIE MYRICK DIRECTOR 2.00
Director
$0 $0 $0
BEVERLY F NEWELL DIRECTOR 2.00
Director
$0 $0 $0
DAVID NOYES DIRECTOR 2.00
Director
$0 $0 $0
JOHN T OGBURN DIRECTOR 2.00
Director
$0 $0 $0
NATALIE PAINTER DIRECTOR 2.00
Director
$0 $0 $0
MARK PARKER DIRECTOR 2.00
Director
$0 $0 $0
AMANDA PARMER DIRECTOR 2.00
Director
$0 $0 $0
DAVID PATNEAUDE DIRECTOR 2.00
Director
$0 $0 $0
ROBERT BOB PERCESEPE DIRECTOR 2.00
Director
$0 $0 $0
KIMBERLY PERKINS DIRECTOR 2.00
Director
$0 $0 $0
NATHAN PERRY DIRECTOR 2.00
Director
$0 $0 $0
TALVIA PETERSON DIRECTOR 2.00
Director
$0 $0 $0
CALEB PHILLIPS DIRECTOR 2.00
Director
$0 $0 $0
APRIL PIKE DIRECTOR 2.00
Director
$0 $0 $0
TERESA PITT DIRECTOR 2.00
Director
$0 $0 $0
ERIKA PITTMAN DIRECTOR 2.00
Director
$0 $0 $0
MARY-BETH POWELL DIRECTOR 2.00
Director
$0 $0 $0
KAREN ROBERTS DIRECTOR 2.00
Director
$0 $0 $0
CATHY ROBERTSON DIRECTOR 2.00
Director
$0 $0 $0
GINGER ROBLES DIRECTOR 2.00
Director
$0 $0 $0
BROOKE RUDD-GAGLIE DIRECTOR 2.00
Director
$0 $0 $0
EA RUTH DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA RYAN DIRECTOR 2.00
Director
$0 $0 $0
DAVID SATTELMEYER DIRECTOR 2.00
Director
$0 $0 $0
AMANDA SMITH DIECTOR 2.00
Director
$0 $0 $0
JAMES SMITH DIRECTOR 2.00
Director
$0 $0 $0
KARLETA SMITH DIRECTOR 2.00
Director
$0 $0 $0
RENEE K SMITH DIRECTOR 2.00
Director
$0 $0 $0
TOM SMITH DIRECTOR 2.00
Director
$0 $0 $0
CHARISMA SOUTHERLAND DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM SPURRIER DIRECTOR 2.00
Director
$0 $0 $0
CALLIE STONE DIRECTOR 2.00
Director
$0 $0 $0
DONATHON STOVER DIRECTOR 2.00
Director
$0 $0 $0
KELLY STUART DIRECTOR 2.00
Director
$0 $0 $0
JAY TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
LARRY TERRY DIRECTOR 2.00
Director
$0 $0 $0
DERRICK THORNTON DIRECTOR 2.00
Director
$0 $0 $0
LINDA TREVOR DIRECTOR 2.00
Director
$0 $0 $0
KIRBY TROUTMAN DIRECTOR 2.00
Director
$0 $0 $0
JOSHUA TUCKER DIRECTOR 2.00
Director
$0 $0 $0
TIM UPCHURCH DIRECTOR 2.00
Director
$0 $0 $0
KATIE WANGRIN DIRECTOR 2.00
Director
$0 $0 $0
TOWANDA WILKINS DIRECTOR 2.00
Director
$0 $0 $0
PATRICE WILLETTS DIRECTOR 2.00
Director
$0 $0 $0
BROOKS WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
DEBBIE WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
LESLIE M WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
SUSAN WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
MARSHALL WILLIAMSON DIRECTOR 2.00
Director
$0 $0 $0
EMILY WOOD DIRECTOR 2.00
Director
$0 $0 $0
JOHN WOOD DIRECTOR 2.00
Director
$0 $0 $0
MELISSA YATES DIRECTOR 2.00
Director
$0 $0 $0
JONATHAN YEATTS DIRECTOR 2.00
Director
$0 $0 $0
JAMIE YOUNG DIRECTOR 2.00
Director
$0 $0 $0
MYRA ZOLLINGER DIRECTOR 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
2024 No data No data No data No data
2023 $12,491,646 $10,802,348 $33,550,303 $1,689,298
2022 $11,880,706 $10,236,787 $31,352,861 $1,643,919
2021 $11,391,480 $8,019,590 $31,160,587 $3,371,890
2020 $10,474,637 $7,336,492 $25,914,037 $3,138,145
2019 $9,164,300 $7,395,950 $21,911,506 $1,768,350
2018 $8,390,078 $6,760,237 $18,939,210 $1,629,841
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