BALDWIN COUNTY ASSOCIATION OF REALTORS INC

EIN: 630762664

ROBERTSDALE, AL

Total Revenue
$2,674,121
Total Expenses
$1,968,353
Total Assets
$8,872,539
Net Assets
$7,593,190
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
AL
Principal Officer
JENNIFER FOUTCH
Phone
2519473777
Tax Period
2024-01-01 to 2024-12-31

BALDWIN COUNTY ASSOCIATION OF REALTORS INC, founded in 1978, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $268K, a strong 22% operating margin.

Mission

PROVIDE PRODUCTS AND SERVICES TO REALTORS THAT WILL ASSIST IN ACHIEVING THE GREATEST AMOUNT OF SUCCESS IN THE BUYING AND SELLING OF REALTY AS WELL AS PROVIDING A STRICT CODE OF ETHICS AND PROFESSIONAL STANDARDS TO ENABLE ITS MEMBERS TO CONDUCT BUSINESS WITH INTEGRITY AND COMPETENCY.

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Trantor Score

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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 $1,635,574
Investment Income $235,724
Other Revenue $802,823
TOTAL REVENUE $2,674,121

Expense Breakdown

Grants Paid $0
Salaries & Benefits $995,345
Fundraising Expenses $0
Other Expenses $973,008
TOTAL EXPENSES $1,968,353

Year-over-Year Comparison

2024 2023 Change
Revenue $2,674,121 $2,505,601 +0.1%
Expenses $1,968,353 $1,704,163 +0.2%
Net Income $705,768 $801,438 -0.1%
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
17
Independent Members
17
Employees
12
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
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN SHALLOW PRESIDENT 0.10
Officer Director
$0 $0 $0
KATE IRVINE VICE PRESIDE 0.10
Officer Director
$0 $0 $0
WALTER GEX BILLUPS SECRETARY 0.10
Officer Director
$0 $0 $0
TRACY WOMACK TREASURER 0.10
Officer Director
$0 $0 $0
BOWEN WEIR BOARD MEMBER 0.10
Director
$0 $0 $0
JAIME COOPER BOARD MEMBER 0.10
Director
$0 $0 $0
KENDALL WAHLERT BOARD MEMBER 0.10
Director
$0 $0 $0
KRISTEN MEADOR BOARD MEMBER 0.10
Director
$0 $0 $0
HOLLIE MACKELLAR BOARD MEMBER 0.10
Director
$0 $0 $0
ERIN KAISER BOARD MEMBER 0.10
Director
$0 $0 $0
RYLEY CORLISS BOARD MEMBER 0.10
Director
$0 $0 $0
JENNY CARR BOARD MEMBER 0.10
Director
$0 $0 $0
ALISON WARD BOARD MEMBER 0.10
Director
$0 $0 $0
SONDRA BLACKWELL BOARD MEMBER 0.10
Director
$0 $0 $0
JAKE DEVANTIER BOARD MEMBER 0.10
Director
$0 $0 $0
JOE EMERSON BOARD MEMBER 0.10
Director
$0 $0 $0
RENEE MARSHALL BOARD MEMBER 0.10
Director
$0 $0 $0
JENNIFER FOUTCH CEO/ASSOC CO 40.00
Highest
$162,000 $0 $162,000
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 $2,674,121 $1,968,353 $8,872,539 $705,768
2023 $2,505,601 $1,704,163 $7,973,107 $801,438
2022 $2,036,516 $1,571,460 $7,059,375 $465,056
2021 $1,529,077 $1,064,746 $6,364,960 $464,331
2020 $1,286,844 $1,015,797 $6,273,353 $271,047
2019 $1,261,701 $1,308,732 $6,028,967 $-47,031
2018 $1,247,219 $978,829 $5,970,470 $268,390
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