SALEM ASSOCIATION OF REALTORS DBA … - Form 990 Financial Data

🔒

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

1950

Legal Domicile

Principal Officer

CHRIS CHRISTIANSEN

Phone

5035400081

Tax Period

2023-12-01 to 2024-11-30

SALEM ASSOCIATION OF REALTORS DBA MID-VALLEY ASSOCIATION OF REALTORS, founded in 1950, is a small nonprofit that reported $409K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $822K represent 24 months of operating reserves.

Mission

THE MISSION OF THE SALEM ASSOCIATION OF REALTORS IS TO UPHOLD THE REALTOR CODE OF ETHICS, PROTECT AND PROMOTE THE INTERESTS OF REAL PROPERTY OWNERSHIP, AND TO EDUCATE AND SERVE OUR MEMBERS AND OUR COMMUNITIES.

Program Service Accomplishments

Program 1

OFFERED SEMINARS THROUGHOUT THE YEAR TO ASSIST MEMBERS IN MEETING EDUCATION REQUIREMENTS.

Program 2

MONTHLY MEMBERSHIP MEETINGS TO HEAR TOPICS OF INTEREST AND KEEP MEMBERS INFORMED ABOUT DEVELOPING ISSUES AND INDUSTRY TRENDS.

Program 3

THE NEWSLETTER, THE SALEM REALTOR, IS PUBLISHED EVERY MONTH AND A DIRECTORY EVERY YEAR. THESE PROVIDE UP-TO-DATE INFORMATION ON ISSUES, EVENTS, AND NETWORKING AND BUSINESS REFERRALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $52,983

Program Service Revenue $334,884

Investment Income $18,614

Other Revenue $2,650

TOTAL REVENUE $409,131

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $153,604

Fundraising Expenses $0

Other Expenses $287,227

TOTAL EXPENSES $442,331

Year-over-Year Comparison

	2023	2022	Change
Revenue	$409,131	$587,447	-0.3%
Expenses	$442,331	$412,982	+0.1%
Net Income	$-33,200	$174,465	-1.2%

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

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

Total Directors

$82,728

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS CHRISTIANSEN	EXEC. OFFICER	40.00	Director	$82,728	$0	$82,728
ZACH FISCHER	President	2.00	Officer Director	$0	$0	$0
RON LIEDKIE	PRESIDENT ELECT	0.50	Officer Director	$0	$0	$0
LAUREN GESIK	Vice President	0.50	Officer Director	$0	$0	$0
DEANNA GWYN	SEC./TREASURER	2.00	Officer Director	$0	$0	$0
DREW JOHNSON	PAST PRESIDENT	0.50	Director	$0	$0	$0
NICK WILLIAMS	Director	0.50	Director	$0	$0	$0
CHUN TRUONG	Director	0.50	Director	$0	$0	$0
AJ NASH	Director	0.50	Director	$0	$0	$0
CATHIE VELASCO	Director	0.50	Director	$0	$0	$0
JENNY MORROW	Director	0.50	Director	$0	$0	$0
LESLIE STEWART	Director	0.50	Director	$0	$0	$0
STEPHANIE WELLS	Director	0.50	Director	$0	$0	$0
HEATHER EGAN	Director	0.50	Director	$0	$0	$0
GEORGE GRABENHORST	Director	0.50	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
2024	$409,131	$442,331	$930,975	$-33,200
2023	$587,447	$412,982	$860,486	$174,465
2022	$351,713	$256,306	$689,098	$95,407
2021	$298,207	$289,526	$605,864	$8,681
2020	$345,660	$269,588	$602,555	$76,072
2019	$290,865	$295,542	$483,060	$-4,677
2018	$272,483	$264,469	$518,818	$8,014

SALEM ASSOCIATION OF REALTORS DBA MID-VALLEY ASSOCIATION OF REALTORS