DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS (EIN 841276916) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Russell Gruber

Phone

3037536227

Tax Period

2024-10-01 to 2025-09-30

DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS, founded in 1994, is a small nonprofit that reported $300K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $351K exceeded revenue, resulting in a 17% operating deficit.

Mission

To provide resources for members to professionally, ethically, and successfully conduct their commercial real estate business and to protect and support the right to own, use, and transfer real property

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $268,690

Investment Income $3,236

Other Revenue $28,426

TOTAL REVENUE $300,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,178

Fundraising Expenses $0

Program Expenses $249,110

Other Expenses $234,232

TOTAL EXPENSES $351,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,352	$360,143	-0.2%
Expenses	$351,410	$466,359	-0.2%
Net Income	$-51,058	$-106,216	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

$110,586

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heather Howerton	EO	40	Key Emp Highest	$100,000	$10,586	$110,586
Russell Gruber	President, Director	3	Officer Director	$0	$0	$0
Justin Lutgen	Past President, Director	2.5	Officer Director	$0	$0	$0
Megan Kranichfeld	President-Elect, Director	3	Officer Director	$0	$0	$0
Jessica Graham	Treasurer, Director	2.5	Officer Director	$0	$0	$0
Tia Jones	Secretary, Director	2.5	Officer Director	$0	$0	$0
Luke Davidson	Affiliate Director Liaison	2.5	Director	$0	$0	$0
Jane Fletcher	Director at Large Organization	2.5	Director	$0	$0	$0
Sarajane Goodfellow	Director	2.5	Director	$0	$0	$0
Aaron Koury	Director at Large Organization	2.5	Director	$0	$0	$0
Adam Lewis	Director	2.5	Director	$0	$0	$0
Nick Kitaeff	Director at Large Organization	2.5	Director	$0	$0	$0
Billy Woodward	Director at Large Organization	2.5	Director	$0	$0	$0
Rachel Canella	Director at Large Organization	2.5	Director	$0	$0	$0
Lynn Pearson	Director, Mid-Size	2.5	Director	$0	$0	$0
Julie McBrearty	Director, Mid-Size	2.5	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
2025	$300,352	$351,410	$113,839	$-51,058
2024	$360,143	$466,359	$188,320	$-106,216
2023	$505,757	$562,710	$301,308	$-56,953
2022	$450,328	$502,037	$313,432	$-51,709
2021	$430,078	$423,589	$386,076	$6,489
2020	$435,194	$487,376	$404,173	$-52,182

DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS