NonprofitsIndiana Association Of Realtors Inc

Indiana Association Of Realtors Inc

INDIANAPOLIS, IN

Total revenue

$7.4M

Total expenses

$6.3M

Net assets

$18.4M

Grants received

$45K

2 grants

EIN

350411185

Tax year

2024

Mission

Providing leadership programs and services to sustain a healthy real estate market in indiana.

Programs

2 programs

Government affairs - government affairs expenditures support association staff in promoting legislation at both the local, state and federal levels that enhance the freedom and ability of realtors to conduct business successfully with integrity and competency. Said expenditures also provide defense against legislation harmful to realtors and the individual right to own real property. Specific expenditures include, but are not limited to research, lobbying, realtors political action committee solicitation, and general office supplies.

Legal affairs - legal affairs expenditures support the association attorneys and staff in educating members on the laws governing the realtor profession and real estate transactions. Specifically, these expenditures produce and maintain an electronic library of legal forms available to all members to guide their clients through every type of real estate transaction and administer the legal hotline, a toll-free telephone and e-mail address by which managing brokers may seek free legal guidance. Said expenditures also promote and enforce the national realtor code of ethics through the shared professional standards enforcement program, and provide equal opportunity and housing, and risk reduction training at association events. Association attorneys also help with courses and materials for the association-owned real estate certification program (recp). Legal affairs ensures compliance with campaign finance law, including approving realtors political action committee (rpac) disclaimers for local boards, advising local boards on rpac and the law, providing assistance to iar staff to respond to inquiries from the indiana election commission and the filing of the campaign finance report for rpac. Legal affairs expenditures promote and provide for legal review of all iar leases, contracts and related legal agreements and oversees the defense of iar lawsuits, claims and other legal matters. Legal affairs also administers the legal action program to help alleviate litigation costs for members and/or local associations involved in litigation. The purpose of the legal action program is to provide financial assistance to support litigation of significance to the association, including matters relevant to the practice of real estate, the operation of real estate associations, ownership and use of real estate, and private property rights. Legal action funds are to be used exclusively to pay the legal fees, costs, and expenses incurred in connection with the litigation for which assistance is requested and provided.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$6.8M
Investment income$428K
Other revenue$142K
Total revenue$7.4M

Expenses

Grants paid$6K
Salaries & benefits$3.4M
Fundraising
Other expenses$3.0M
Total expenses$6.3M
Total assets$23.3M
Net assets$18.4M

People

27 listed

NameRoleCompensation

MARK FISHER

CEO

Board

$370K

40 hrs/wk

KATHY HARBAUGH

COO

Board

$248K

40 hrs/wk

CHRIS WATTS

VP

Board

$160K

40 hrs/wk

JENNIFER PARHAM

PRESIDENT

Board

$18K

1 hrs/wk

NOHEMI MEMI RENNEWANZ

MEMBER

Board

1 hrs/wk

LYNN WHEELER

PAST PRESIDENT

Board

1 hrs/wk

RON MCCOLLY

MEMBER

Board

1 hrs/wk

STEPHANIE ROSE-WELDY

MEMBER

Board

1 hrs/wk

TRACY HUTTON

MEMBER

Board

1 hrs/wk

KRISTEN WEIDA

MEMBER

Board

1 hrs/wk

KIM WARD

PRESIDENT ELECT

Board

1 hrs/wk

AARON LUTTRULL

MEMBER

Board

1 hrs/wk

KIM WARD

VP

Board

1 hrs/wk

BRIAN THOMPSON

MEMBER

Board

1 hrs/wk

DAVID CAVENESS

MEMBER

Board

1 hrs/wk

DONNA SPEARS

MEMBER

Board

1 hrs/wk

JASON ENGEL

MEMBER

Board

1 hrs/wk

JASON O'NEIL

MEMBER

Board

1 hrs/wk

KURT SCHULER

MEMBER

Board

1 hrs/wk

BERNICE HELMAN

MEMBER

Board

1 hrs/wk

MAGGIE MCSHANE

SR. VP GOVT AFFAIRS

Staff

$256K

40 hrs/wk

RICHELLE MOSSLER

GENERAL COUNSEL

Staff

$207K

40 hrs/wk

KARL BERRON

FORMER CEO

Staff

$163K

0

STEVEN HENRY

CONTROLLER

Staff

$141K

40 hrs/wk

KELLY SHONBORN

SENIOR STAFF COUNSEL

Staff

$135K

40 hrs/wk

ANNE JOHNSON

LEGAL AND REGULATORY COMPLIANCE COUNSEL

Staff

$134K

40 hrs/wk

MATTHEW NOWLIN

DIRECTOR, DATA ANALYTICS

Staff

$112K

40 hrs/wk

Independent contractors

ONE FORTY THREE LLC MT

RENT

$239K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$40K
GENERAL SUPPORT
2023
$5K
GENERAL SUPPORT
2022

Funded by

$45K from 1 funder · 2 grants · 2022–2023

National Association of Realtors

$45K · 2 grants · 2022–2023

Details

EIN350411185
Subsection06
Ruling date1945-01
Formed1948
Employees29
Volunteers200
INDIANA ASSOCIATION OF REALTORS INC — Mission, Financials & Grants Received | Grantivo