MARCO ISLAND AREA ASSOCIATION OF REALTORS INC

EIN: 591872802

MARCO ISLAND, FL

Total Revenue
$637,607
Total Expenses
$610,165
Total Assets
$556,649
Net Assets
$126,274
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
Principal Officer
KANDY SWEENEY
Phone
2393945616
Tax Period
2024-01-01 to 2024-12-31

MARCO ISLAND AREA ASSOCIATION OF REALTORS INC, founded in 1977, is a small nonprofit that reported $638K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $610K left a modest 4% surplus.

Mission

THE MARCO ISLAND AREA ASSOCIATION OF REALTORS PROACTIVELY PROVIDES SERVICES AND PROGRAMS FOR OUR MEMBERS BENEFIT. THE MARCO ISLAND AREA ASSOCIATION OF REALTORS WILL MAKE AVAILABLE PRODUCTS AND SERVICES WHICH WILL ENABLE THE MEMBER/CUSTOMER TO ACHIEVE HIS OR HER PERSONAL AND PROFESSIONAL OBJECTIVES THROUGH MODERN INFORMATION SYSTEMS AND PROFESSIONAL DEVELOPMENT IN A BUSINESS ENVIRONMENT GOVERNED BY THE REALTORS CODE OF ETHICS.

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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 $0
Program Service Revenue $302,747
Investment Income $172
Other Revenue $334,688
TOTAL REVENUE $637,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $369,390
Fundraising Expenses $0
Other Expenses $240,775
TOTAL EXPENSES $610,165

Year-over-Year Comparison

2024 2023 Change
Revenue $637,607 $588,743 +0.1%
Expenses $610,165 $637,589 0.0%
Net Income $27,442 $-48,846 -1.6%
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
4
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
$126,441
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFF FAHRINGER PAST PRESIDENT 5.00
Director
$0 $0 $0
HELEN DONAGHY PRESIDENT 5.00
Officer Director
$0 $0 $0
STACY WITTHOFF SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
ELIZABETH HEUERMANN DIRECTOR 5.00
Director
$0 $0 $0
STAN NIEMCZYK DIRECTOR 5.00
Director
$0 $0 $0
MARY JO O'REGAN DIRECTOR 5.00
Director
$0 $0 $0
MARC CREACH DIRECTOR 5.00
Director
$0 $0 $0
JACKI STRATEGOS PRESIDENT - ELECT 5.00
Officer Director
$0 $0 $0
LAURIE KOCZAK DIRECTOR 5.00
Director
$0 $0 $0
CATHERINE CLAUSEN DIRECTOR 5.00
Director
$0 $0 $0
NIC MASTRANGELO DIRECTOR 5.00
Director
$0 $0 $0
KYLE GRUCCI DIRECTOR 5.00
Director
$0 $0 $0
MARV NEEDLES DIRECTOR 5.00
Director
$0 $0 $0
JACK WINNIK DIRECTOR 5.00
Director
$0 $0 $0
KANDY SWEENEY CHIEF EXECUTIVE OFFICER 40.00
Officer
$119,307 $7,134 $126,441
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 No data No data No data No data
2024 $637,607 $610,165 $556,649 $27,442
2023 $588,743 $637,589 $508,397 $-48,846
2022 $532,580 $628,318 $477,959 $-95,738
2021 $574,608 $568,290 $557,424 $6,318
2020 $588,321 $586,163 $577,471 $2,158
2019 $608,285 $598,708 $516,025 $9,577
2018 $577,513 $607,648 $500,472 $-30,135
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