Las Cruces Association of Realtors Inc

Nonprofit profile at a glance

EIN
850169791
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Las Cruces, NM, USA
Phone
5755240658
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$479,086
Expenses
$385,359
Assets
$1,241,534
Liabilities
$559,848

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • CAROLINE CAMFIELD (PRESIDENT)
  • CHRISTINA LOPEZ (PRESIDENT ELECT)

People named in this filing

  • ROBIN COURREGES-BLALOCK (DIRECTOR)
  • ALEX URANGA (DIRECTOR)
  • RICK ALTAMIRANO (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is a nonprofit trade association that supports real estate professionals by promoting high standards of practice, providing education and resources, and advocating for a healthy, transparent real estate marketplace that benefits members and the public.

What it reported doing in 2024

The las cruces association of realtors, inc. (lcar) provided continuning education courses, professional development programs and industry training to improve the competency and ethical practice of real estate professionals in southern New Mexico. Lcar offered classes on state licensing requirements, legal and regulatory updates, fair housing, contract compliance and emerging industry trends. Lcar also delivered member support services including forms, tools, technology resources and direct assistance for day-to-day real estate operations. These activities enhance professionalism, reduce consumer risk, and strengthen the local real estate market.further, lcar engaged with local and state policymakers, monitored regulatory changes, participated in realtor legislative initiatives and educated its members on compliance requirements. Through these efforts, lcar helped ensure that public policy decisions are informed by accurate market data and the needs of homeowners, buyers, and real estate professionals.lcar strengthens the local community and the real estate industry through outreach programs, charitable initiatives, and professional standards enforcement. Lcar manages the local code of ethics review process, provides dispute resolution services, and supports initiatives that improve consumer trust in real estate transactions. Lcar also organized member events, volunteer programs, and community-benefit activities that promoted civic engagement and highlighted the role of realtors in supporting regional economic growth.

Operating model

Revenue model
Membership-supported. 71% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 97% 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 most voting board members are independent. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.9%; rating input score 61
  • Program expense ratio: 70.4%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 3.22; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 60.9% of revenue deployed · 70.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $271K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 14 filing years from 2010 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.

Key Signals

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

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.