IDAHO ASSOCIATION OF REALTORS INC

EIN: 820211162

BOISE, ID

Total Revenue
$2,778,837
Total Expenses
$2,257,271
Total Assets
$8,038,976
Net Assets
$6,045,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
ID
Principal Officer
DAVID HENSLEY
Phone
2083423585
Tax Period
2024-01-01 to 2024-12-31

IDAHO ASSOCIATION OF REALTORS INC, founded in 1968, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. The organization ran a surplus of $522K, a strong 19% operating margin.

Mission

THE IDAHO ASSOCIATION OF REALTORS IS A PROFESSIONAL TRADE ORGANIZATION THAT PROVIDES SUPPORT TO ITS MEMBERS, ADVOCATES FOR THE PROTECTION OF PRIVATE PROPERTY RIGHTS AND PROMOTES THE REALTORS CODE OF ETHICS. IDAHO ASSOCIATION OF REALTORS IS THE UNIFIED VOICE THAT SHAPES AND INFLUENCES THE REAL ESTATE INDUSTRY IN IDAHO.

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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 $2,590
Program Service Revenue $2,606,552
Investment Income $169,695
Other Revenue $0
TOTAL REVENUE $2,778,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,027,463
Fundraising Expenses $0
Other Expenses $1,229,808
TOTAL EXPENSES $2,257,271

Year-over-Year Comparison

2024 2023 Change
Revenue $2,778,837 $2,846,508 0.0%
Expenses $2,257,271 $2,250,107 +0.0%
Net Income $521,566 $596,401 -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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
68
Independent Members
68
Employees
8
Volunteers
68

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
2
$456,524
Total Directors
68
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAREY FARMER BRR NAR DIRECTOR/STATE DIRECTOR 1.00
Director
$0 $0 $0
GAIL HARTNETT DSA 1.00
Director
$0 $0 $0
JENNIFER MCCULLOCH EAST DISTRICT VICE PRESIDENT 1.00
Director
$0 $0 $0
MICHELLE BAILEY FIRST VICE PRESIDENT 1.00
Director
$0 $0 $0
DENISE LUNDY IR IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
PATRICK MALONE IR NAR DIRECTOR 1.00
Director
$0 $0 $0
KATRINA WEHR IR PRESIDENT 1.00
Director
$0 $0 $0
JULIE ANGLESEY IR PRESIDENT ELECT 1.00
Director
$0 $0 $0
JILL STONE MID-SIZED BOARD NAR DIRECTOR 1.00
Director
$0 $0 $0
KRISTA DEACON NAR DIRECTOR - LARGE BROKER FIRM/STATE DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY ALLEN NORTH DISTRICT VICE PRESIDENT 1.00
Director
$0 $0 $0
VIA SURMELIS PAST PRESIDENT REPRESENTATIVE 1.00
Director
$0 $0 $0
ELIZABETH HUME PRESIDENT 1.00
Director
$0 $0 $0
PATTI SYME PRESIDENT 1.00
Director
$0 $0 $0
MICHAEL WENDLAND PRESIDENT 1.00
Director
$0 $0 $0
MARKITA WILLIAMS PRESIDENT 1.00
Director
$0 $0 $0
ANN OGDEN PRESIDENT 1.00
Director
$0 $0 $0
CARISSA COATS PRESIDENT 1.00
Director
$0 $0 $0
STACI HERNANDEZ PRESIDENT 1.00
Director
$0 $0 $0
DEANN BILLING PRESIDENT 1.00
Director
$0 $0 $0
DEBBIE LEE PRESIDENT 1.00
Director
$0 $0 $0
BECKY BEAN PRESIDENT 1.00
Director
$0 $0 $0
JULIAN GREAVES PRESIDENT 1.00
Director
$0 $0 $0
KRISTEN GREEFIELD PRESIDENT 1.00
Director
$0 $0 $0
FABIOLA FERRIS PRESIDENT 1.00
Director
$0 $0 $0
STEPHANIE REED PRESIDENT 1.00
Director
$0 $0 $0
ROBERT CANNING PRESIDENT 1.00
Director
$0 $0 $0
GINA JENSEN PRESIDENT 1.00
Director
$0 $0 $0
TAMI SIMS RRC REPRESENTATIVE/STATE DIRECTOR 1.00
Director
$0 $0 $0
CINDY HUNTER SMALL SIZE BOARD NAR DIRECTOR 1.00
Director
$0 $0 $0
JUAN SILVAZ SOUTH DISTRICT VICE PRESIDENT 1.00
Director
$0 $0 $0
JOSH CORMIER STATE DIRECTOR 1.00
Director
$0 $0 $0
ROBIN COZAKOS STATE DIRECTOR 1.00
Director
$0 $0 $0
LORI OTTER STATE DIRECTOR 1.00
Director
$0 $0 $0
CRAIG GROVES STATE DIRECTOR 1.00
Director
$0 $0 $0
CARLOS BENDECK STATE DIRECTOR 1.00
Director
$0 $0 $0
ISAAC CHAVEZ STATE DIRECTOR 1.00
Director
$0 $0 $0
MICHELE DE REUS-MCCORD STATE DIRECTOR 1.00
Director
$0 $0 $0
JESSICA DURHAM STATE DIRECTOR 1.00
Director
$0 $0 $0
GARY SALISBURY STATE DIRECTOR 1.00
Director
$0 $0 $0
JAMIE MATZDORFF STATE DIRECTOR 1.00
Director
$0 $0 $0
SUSAN WEAVER STATE DIRECTOR 1.00
Director
$0 $0 $0
JEFF WILLS STATE DIRECTOR 1.00
Director
$0 $0 $0
RON MANKER STATE DIRECTOR 1.00
Director
$0 $0 $0
NICK SHRINER STATE DIRECTOR 1.00
Director
$0 $0 $0
ALISON ROBERTS STATE DIRECTOR 1.00
Director
$0 $0 $0
ANGELA BROOKE STATE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SMOCK STATE DIRECTOR 1.00
Director
$0 $0 $0
TOM TORGERSON STATE DIRECTOR 1.00
Director
$0 $0 $0
JEFF WILLIAMS STATE DIRECTOR 1.00
Director
$0 $0 $0
JOHN FAIRCHILD STATE DIRECTOR 1.00
Director
$0 $0 $0
CHAD MURDOCK STATE DIRECTOR 1.00
Director
$0 $0 $0
JUAN CONTRERAS STATE DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA RAWLINGS STATE DIRECTOR 1.00
Director
$0 $0 $0
DEBBIE LAWRENCE STATE DIRECTOR 1.00
Director
$0 $0 $0
HEATHER MEEKS STATE DIRECTOR 1.00
Director
$0 $0 $0
CLINT CRANE STATE DIRECTOR 1.00
Director
$0 $0 $0
DAVID O'BRIEN STATE DIRECTOR 1.00
Director
$0 $0 $0
LAUREN CLARK STATE DIRECTOR 1.00
Director
$0 $0 $0
MITCHELL WIXOM STATE DIRECTOR 1.00
Director
$0 $0 $0
FORREST SCHUCK STATE DIRECTOR 1.00
Director
$0 $0 $0
MATT GELSO STATE DIRECTOR 1.00
Director
$0 $0 $0
CINDY HILL STATE DIRECTOR 1.00
Director
$0 $0 $0
NAN FAUGHT STATE DIRECTOR 1.00
Director
$0 $0 $0
MARK JONES STATE DIRECTOR 1.00
Director
$0 $0 $0
MARION WADSWORTH STATE NAR DIRECTOR 1.00
Director
$0 $0 $0
TOM TURNER WCR REPRESENTATIVE 1.00
Director
$0 $0 $0
PHIL MOUNT WEST DISTRICT VP/BRR NAR DIRECTOR 1.00
Director
$0 $0 $0
DAVID HENSLEY CEO 40.00
Officer
$279,993 $30,108 $310,101
MELISSA GRAY DIRECTOR OF OPERATIONS 40.00
Officer
$134,797 $11,626 $146,423
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 $2,778,837 $2,257,271 $8,038,976 $521,566
2023 $2,846,508 $2,250,107 $7,724,207 $596,401
2022 $2,672,452 $2,075,068 $6,841,144 $597,384
2021 $2,460,883 $1,703,374 $6,354,859 $757,509
2020 $2,220,416 $1,567,331 $5,600,811 $653,085
2019 $2,158,374 $1,736,656 $4,165,280 $421,718
2018 $2,151,055 $1,733,043 $3,494,650 $418,012
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