Realtors Association Of The Palm Beaches Inc in West Palm Bch, Florida (FL)

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Realtors Association Of The Palm Beaches Inc
Employer Identification Number (EIN)591237171
Name of OrganizationRealtors Association Of The Palm Beaches Inc
Address1 Harvard Cir Ste 102, West Palm Bch, FL 33409-1905
ActivitiesReal estate association, Other services or benefits to members or employees
SubsectionReal Estate Board
Ruling Date03/1970
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$8,239,802
Amount of Income$2,387,403
Form 990 Revenue Amount$2,387,403


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,387,403
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,311,858
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$67,726
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$3,518
Gross rents (Real / Personal)$3,518 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$3,518 / $0
Net gain from sales of assets other than inventory$4,301
Gross amount from sales of assets other than inventory (Securities / Other)$4,301 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$4,301 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$2,862,578
Compensation of current officers, directors, trustees, and key employees$600
Other salaries and wages$1,182,802
Payroll taxes$98,789
Professional fundraising services$0
Other$1,580,387
Balance Sheet (for 2012)
Total assets$8,239,802
Total liabilities$3,266,274
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$3,266,274
Total net assets or fund balances$4,973,528
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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