Maryland Association of Realtors Inc
Nonprofit profile at a glance
- EIN
- 520728385
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Annapolis, MD, USA
- Phone
- 4437163500
- Rating confidence
- Limited
Reported finances
- Revenue
- $6,514,817
- Expenses
- $6,939,691
- Assets
- $30,850,391
- Liabilities
- $2,236,244
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
41 people listed
Executive titles in this filing
- CHARLES A KASKY (CHIEF EXECUTIVE OFFICER)
- CHARISSE CALLENDER-SCOTT (PRESIDENT-ELECT APPOINTMENT)
- DENISE LEWIS (PRESIDENT)
- MELANIE GAMBLE (PRESIDENT-ELECT)
- CHERYL ABRAMS DAVIS (IMMEDIATE FORMER PRESIDENT)
Highest reported compensation
- CHARLES A KASKY (CHIEF EXECUTIVE OFFICER): $383,450 total reported compensation
- PATRICIA D SCHMITT (VP FINANCE): $152,865 total reported compensation
- DANIEL PATRELL (SR DIRECTOR OF STRATEGIC COMMUNICATIONS): $150,011 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Maryland association of realtors exists to support all segments of its membership and their specialties. Continued on schedule o
What it reported doing in 2024
The legal department provides legal hotline services to members, staffs the statewide forms, commercial and real property operations committees and delivers professional standards training to local boards. The legal department staff also visits company offices for informal meetings to provide updates and supplies instructors for continuing education classes required by Maryland real estate license law. The education department administers and monitors the realtor institute program throughout the state, the leadership academy, and assisted mars mediation provider with educational support. The education department continues to partner with the annual conference committee to provide and track education programs during mars conference and with the legal department to assist in the scheduling and monitoring of the in-house local professional standards training seminars, and assists in other activities to help support education initiatives within mar. The communications and member services department provides free webinars and the mar realtor magazine to members continued schedule o
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
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: -6.5%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 4.45; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 35 of 35 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $383K · 41 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $933K reported
- Consistency: 14 of 14 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Officer compensation ratio scored 19/100.