Greater Albuquerque Association of Realtors Inc
Nonprofit profile at a glance
- EIN
- 850108246
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Albuquerque, NM, USA
- Phone
- 5058421433
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,288,343
- Expenses
- $2,241,179
- Assets
- $13,825,494
- Liabilities
- $4,697,245
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- CHRISTOPHER J VENEGAS (PRESIDENT EL)
- CHRISTOPHER SHAIN TANNER (PRESIDENT)
- RYAN SWINNEY (CEO)
Highest reported compensation
- RYAN SWINNEY (CEO): $187,971 total reported compensation
- NICHOLAS FOWLER (CFO): $141,498 total reported compensation
- JEANNETTE DAVIDSON (MLS DIRECTOR): $111,147 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide services to members as described in mission statement.
What it reported doing in 2025
Education: provide training to members and non-members for legal and other matters relating to the real estate industry at a minimal cost to enhance knowledge of the industry.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - Most voting board members are independent and the filed numbers largely add up. 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: 0
- Transparency & Controls: 66
- Accountability: 100
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 11th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 87%; rating input score 87; 30th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.1%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 6.17; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $188K · 17 people listed · 1 of 6 pay-setting controls reported
- Consistency: 15 of 17 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.