IRS 990 Nonprofit Profile

Salt Lake Board Of Realtors

Response to part i and part iii - organizations mission and most significant activities: taxpayer is a real estate board and as such does not have specific programs and services to which revenues and expenses are allocated. the revenue amount shown in part iii, line 4a represents membership dues and fees paid by members. the board administers and monitors the professional requiremetns of the state licensing agency and the national association of realtors on behalf of its members. these activities include: 1. monitoring members conduct and compliance with professional standards and the board's code of ethics, 2. education courses to enable members to meet their professional continuing education requirements, 3. providing lock box security systems used by agents in connection with properties listed for sales, 4. providing copies of forms, contracts and other supplies used by real estate agents, 5. promoting the interest of individual property rights and home ownership these activities are funded primarily by membership dues and related fees, plus fees for services, in certain cases. as previously noted revenues and expenses are not subject to segrecation or allocation to the individual services and activities provided by the board.

Filing year

2024

Total revenue

$6.8M

Total expenses

$5.5M

Program expenses

$1.9M

Administration

$3.6M

Fundraising

$0

Program share of expenses

34%

EIN

870172850

Location

Sandy, UT