AL ASSOCIATION OF REALTORS INC

EIN: 630380775

MONTGOMERY, AL

Total Revenue
$5,364,612
Total Expenses
$4,803,918
Total Assets
$15,666,967
Net Assets
$14,550,534
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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
AL
Principal Officer
JEREMY WALKER
Phone
3342623808
Tax Period
2025-01-01 to 2025-12-31

AL ASSOCIATION OF REALTORS INC, founded in 1949, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2018. The organization ran a surplus of $566K, a strong 15% operating margin.

Mission

THE ASSOCIATION WAS FORMED TO UNITE ALABAMA REAL ESTATE PROFESSIONALS FOR THE PROTECTION AND ADVANCEMENT OF REAL ESTATE INTERESTS, TO ADOPT AND ENFORCE THE CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS, AND TO ENCOURAGE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE TRANSACTION OF REAL ESTATE BUSINESS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,096,454
Investment Income $249,258
Other Revenue $18,900
TOTAL REVENUE $5,364,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,173,050
Fundraising Expenses $0
Other Expenses $3,630,868
TOTAL EXPENSES $4,803,918

Year-over-Year Comparison

2025 2024 Change
Revenue $5,364,612 $5,409,493 0.0%
Expenses $4,803,918 $4,577,199 +0.0%
Net Income $560,694 $832,294 -0.3%
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
89
Independent Members
89
Employees
10
Volunteers
120

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
10
$0
Total Directors
10
$0
Key Employees
1
$347,053
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGIE BETH SHAW PRESIDENT 3.00
Officer Director
$0 $0 $0
MARY JANE OWEN PRESIDENT - 3.00
Officer Director
$0 $0 $0
DEDRA CABANISS TREASURER 3.00
Officer Director
$0 $0 $0
BO EVANS SECRETARY 3.00
Officer Director
$0 $0 $0
SENIA JOHNSON PAST PRESIDE 3.00
Officer Director
$0 $0 $0
TIM BROWN REGIONAL VP 3.00
Officer Director
$0 $0 $0
JEFF DICKEY REGIONAL VP 3.00
Officer Director
$0 $0 $0
KIM HARWOOD REGIONAL VP 3.00
Officer Director
$0 $0 $0
DAVID LUCAS REGIONAL VP 3.00
Officer Director
$0 $0 $0
LINDA LOU PARSONS REGIONAL VP 3.00
Officer Director
$0 $0 $0
JEREMY WALKER CHIEF EXECUT 40.00
Key Emp
$322,997 $24,056 $347,053
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 $5,364,612 $4,803,918 $15,666,967 $560,694
2024 No data No data No data No data
2023 $5,241,320 $4,304,743 $13,901,942 $936,577
2022 $5,755,580 $3,983,154 $12,863,799 $1,772,426
2021 $4,436,366 $3,190,760 $13,443,262 $1,245,606
2020 $3,907,663 $2,856,278 $12,812,460 $1,051,385
2019 $3,909,722 $3,175,040 $12,582,356 $734,682
2018 $3,651,579 $3,085,657 $11,870,000 $565,922
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