Colorado Realtors Land Institute
Nonprofit profile at a glance
- EIN
- 900591147
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Colorado Springs, CO, USA
- Phone
- 9703790218
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $113,834
- Expenses
- $85,834
- Assets
- $183,181
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RUSSELL HICKEY ALC (PRESIDENT)
- CRAIG TOWNSEND ALC (PRESIDENT ELECT)
People named in this filing
- JUSTIN OSBORN ALC (GOV-AT-LARGE)
- JOETTE SCHALLA ALC (GOV-AT-LARGE)
- SALLY BALL ALC (GOV-AT-LARGE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Colorado realtors land institute's main objective is to bring together real estate professionals interested in the improvement of their professional competence in activities related to land including land brokerage, agribusiness, land management, planning and developing, appraising, acquisition, land auctions and other land specialty areas.
What it reported doing in 2024
The Colorado realtors land institute is a local chapter of the national association of realtors. The institute is serving its members' interests by identifying its members as land specialists within the real estate profession, developing and maintaining a professional standard of practice, fostering professional expertise through educational activities, awarding the professional designation of accredited land consultant to those members who have met rigid education and experience requirements, advocating the wise use of land and the reasonable rights and privileges of private ownership and promoting members' business activities through marketing programs.
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.3%; rating input score 72
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.6%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 2.13; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 72.3% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $86K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.