Cause IQ organization profile

Florida Realtors

Florida Realtors is a real estate association based in Orlando, FL that was founded in 1970. As of 2019 they had $38 million in revenue and $50 million in assets.

The mission of Florida Realtors is to advance Florida's real estate industry by shaping public policy on real property issues; encouraging, promoting and teaching consistent standards for ethical practice and professionalism.

Previous legal names or variations of their name include: Florida Association Of Realtors.

EIN:

59-0245475

City:

Orlando

State:

Florida

Website:

floridarealtors.org

Phone:

407.438.1400

Facebook:

facebook.com/Florida-Realtors

Twitter:

@floridarealtors

Founded:

1970

Type:

501(c)(6)

NTEE:

S47: Real estate organizations

Revenue:

$38,900,256

Assets:

$50,863,387

Employees:

169

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Florida Realtors

Furtherance of the real estate industry in Florida. Publications include the "Florida realtor" magazine.

Form 990s for Florida Realtors

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 23, 2020	990	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Jan 18, 2018	990	View PDF
2015-12	Feb 28, 2017	990O	View PDF
2014-12	Feb 5, 2016	990O	View PDF
...and six more Form 990 PDFs

Financials for Florida Realtors

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$32,743,445	$31,182,293	5.0%
Investment income and dividends	$1,259,178	$772,823	62.9%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$170,878	$138,985	22.9%
Net rental income	$11,866	$10,472	13.3%
Net gain from sale of non-inventory assets	$696,788	$161,456	331.6%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$4,018,101	$1,012,662	296.8%
Total revenues	$38,900,256	$33,278,691	16.9%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$202,283	$213,032	-5.0%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$1,812,360	$1,507,311	20.2%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$8,335,904	$8,256,987	1.0%
Pension/retirement accruals and contributions	$509,735	$480,848	6.0%
Other employee benefits	$23,203	$27,903	-16.8%
Payroll taxes	$697,893	$672,740	3.7%
Management fees	$0	$0
Legal fees	$3,449	$34,492	-90.0%
Accounting fees	$42,750	$39,885	7.2%
Lobbying fees	$11,163,980	$228,700	4781.5%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$161,670	$108,338	49.2%
Other fee-for-service	$1,136,036	$1,097,491	3.5%
Advertising and promotion	$238,409	$314,276	-24.1%
Office expenses	$1,315,917	$1,333,843	-1.3%
Information tech. expenses	$82,168	$136,465	-39.8%
Royalty expenses	$0	$0
Occupancy	$540,300	$549,297	-1.6%
Travel	$1,462,362	$1,481,602	-1.3%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$1,204,835	$1,057,069	14.0%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$749,705	$689,345	8.8%
Insurance	$1,582,586	$1,246,526	27.0%
All other expenses	$4,720,721	$4,810,143	-1.9%
Total expenses	$35,986,266	$24,286,293	48.2%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$21,122,447	$17,868,536	18.2%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$0	$0
Accounts receivable	$348,722	$312,336	11.6%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$954,118	$764,624	24.8%
Buildings, equipment, etc. post-depreciation	$2,681,431	$2,606,873	2.9%
Investments, publicly traded securities	$25,581,598	$27,451,302	-6.8%
Investments, other securities	$175,071	$171,270	2.2%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets		$18,332	-52.2%
Total assets	$50,863,387	$49,193,273	3.4%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$1,746,815	$1,355,524	28.9%
Grants payable	$0	$0
Deferred revenue	$10,767,071	$9,696,896	11.0%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$175,071	$171,270	2.2%
Total liabilities	$12,688,957	$11,223,690	13.1%

Field	2018	2017	% Change
Unrestricted net assets	$38,174,430	$37,969,583	0.5%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Florida Realtors

Vendor	Services	Amount paid	Date
Salesforce	CRM software		2020-04-23
██████	Content management system software		2020-04-10
██████ ███████ ██████ █████ ████ ███ ██████████	Tax accounting		2019-10-23
████████ ███	Comp Hardware	$192,659	2018-12-01
████████ ██████████ ████████	Marketing	$127,194	2018-12-01
██████ ████ ██████████ ███	Consulting	$100,390	2018-12-01
████████ ████ █████████ ███████████	Insurance		2016-12-31
████ ██████ █████████ ███████	Insurance agent or broker	$2,251	2016-12-31
...and 13 more vendors

Personnel at Florida Realtors

Name	Title	Compensation	Most recent data
Margy Grant	Meet Florida Realtors Chief Executive Officer	$239,255	July 12, 2019
Dr. Brad O'Connor	Chief Economist	-	July 12, 2019
████ ████████	Vice President of Finance, Professional Development and Internal Operations	-	July 12, 2019
████ ██████	Vice President of Communications	$208,818	Jan. 10, 2019
████ ███████	Vice President of Technology Services	$160,248	July 12, 2019
████████ ████████	Interim Vice President for Public Policy	-	July 12, 2019
█████ ███████	Vice President and General Counsel of Law and Policy	-	July 12, 2019
█████ ████████	Past Vice President of Finance	$170,966	Dec. 31, 2018
████ ████	President	$0	July 12, 2019
██████ ███████	Vice President	$0	July 12, 2019
...and three more key personnel

Peer real estate organizations

	Name	Type	Revenue	Location
1	Illinois Realtors (IAR)	501(c)(6)	$15 million	Springfield, IL
2	Northern Virginia Association of Realtors (NVAR)	501(c)(6)	$11 million	Fairfax, VA
3	CCIM Institute	501(c)(6)	$14 million	Chicago, IL
4	Houston Association of Realtors	501(c)(6)	$19 million	Houston, TX
5	California Association of Realtors	501(c)(6)	$45 million	Los Angeles, CA
6	Charlotte Regional Realtor	501(c)(6)	$12 million	Charlotte, NC
7	National Association of Real Estate Investment Trusts (NAREIT)	501(c)(6)	$30 million	Washington, DC
8	Arizona Association of Realtors	501(c)(6)	$10 million	Phoenix, AZ
9	San Antonio Board of Realtors	501(c)(6)	$10 million	San Antonio, TX
10	Florida Reliability Coordinating Council	501(c)(6)	$18 million	Tampa, FL
11	International Association of Amusement Parks and Attractions (IAAPA)	501(c)(6)	$24 million	Orlando, FL
12	International Society for Pharmaceutical Engineering (ISPE)	501(c)(6)	$12 million	Tampa, FL
13	Professional Convention Management Association	501(c)(6)	$13 million	Chicago, IL
14	National Telecommunications Cooperative Association (NTCA)	501(c)(6)	$15 million	Arlington, VA
15	Mobile Marketing Association	501(c)(6)	$13 million	Bothell, WA
16	Freedom Partners	501(c)(6)	$127 million	Arlington, VA
17	Pharmaceutical Care Management Association (PCMA)	501(c)(6)	$28 million	Washington, DC
18	American Insurance Association	501(c)(6)	$18 million	Washington, DC
19	GS1 Us	501(c)(6)	$71 million	Lawrenceville, NJ
20	Real Estate Board of New York (REBNY)	501(c)(6)	$15 million	New York, NY
21	Solar Energy Industries Association (SEIA)	501(c)(6)	$15 million	Washington, DC
22	Airlines for America (A4A)	501(c)(6)	$43 million	Washington, DC
23	Portland Cement Association	501(c)(6)	$20 million	Skokie, IL
24	International Swaps and Derivatives Association (ISDA)	501(c)(6)	$58 million	New York, NY
25	American Fuel and Petrochemical Manufacturers (AFPM)	501(c)(6)	$43 million	Washington, DC

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