Naples Area Board of Realtors Association of Real Estate Professionals
Nonprofit profile at a glance
- EIN
- 590788505
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Naples, FL, USA
- Phone
- 2395971666
- Rating confidence
- Limited
Reported finances
- Revenue
- $2,239,485
- Expenses
- $2,381,387
- Assets
- $6,067,935
- Liabilities
- $6,435,109
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- SMITH LLC PATRICIA J (PRESIDENT)
- MARTIN MANION (CEO)
Highest reported compensation
- MARTIN MANION (CEO): $294,948 total reported compensation
- CORRIE CHASE (STAFF): $153,096 total reported compensation
- DANIELLE B HUDSON (STAFF): $137,096 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Naples area board of realtors and association of real estate professionals, inc. (nabor) provide education, ethics enforcement and arbitration services, contracts and forms, an intranet with real estate business content, social functions, educational seminars and courses. Nabor's main objectives are: to unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests; to promote and maintain high standards of conduct in the real estate profession; to provide a unified medium for real estate owners and those engaged in the real estate profession whereby their interests may be safeguarded and advanced; to further the interest of home and other real property ownership; to unite those engaged in the real estate profession in this community with the Florida association of realtors and the national association of realtors.
What it reported doing in 2024
Ethics training and orientation - a realtor is a member of the national association of realtors. Not all real estate licensees are realtors. All realtors must know and commit to the code of ethics, which distinguishes realtors from other real estate licensees and assures clients and customers that realtors will go beyond what is required by law to win consumers trust. Few other professional organizations in the nation, if any, have put in place such rigorous ethics training requirements for their members. A realtor is subject to disciplinary action should a local association of realtors find him or her in violation of the code of ethics.
Operating model
- Revenue model
- Earned-program. 68% 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: 83
- Accountability: 100
- Sustainability: 30
- 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: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.3%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 2.55; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 29.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $295K · 17 people listed · 3 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 5/100.