Door County Board of Realtors Inc

Nonprofit profile at a glance

EIN
237393180
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025, Form 990-N 2020
Location
Sturgeon Bay, WI, USA
Phone
9207439651
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$132,140
Expenses
$133,666
Assets
$242,212
Liabilities
$63,198

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • HOLLY THOMAS (PRESIDENT)
  • KATI LAU (PRESIDENT ELECT)
  • MARYKAY SHUMWAY (PAST PRESIDENT)

People named in this filing

  • SUSAN KURTZ (ASSOCIATION EXECUTIVE)
  • HOLLY THOMAS (PRESIDENT)
  • KATI LAU (PRESIDENT ELECT)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The door county board of realtors strives to be the provider of leadership and professionalism for its members, while providing a high level of service to them by utilizing education and technology. Within the framework of the code of ethics, our goal is to create a climate of cooperation among our members allowing them to successfully pursue their profession with honesty, integrity, and service to their community.

What it reported doing in 2025

Utilizing education and technology to be a provider of leadership and professionalism for its members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.4%; rating input score 56
  • Program expense ratio: 54.8%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1.2%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 46.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 40.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 56.4% of revenue deployed · 54.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $73K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.