Northern Kentucky Association of REALTORS®
Legal name: Northern Kentucky Association of Realtors Inc
Nonprofit profile at a glance
- EIN
- 610737111
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Florence, KY, US
- Phone
- (859) 344-8400
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $555,292
- Expenses
- $476,690
- Assets
- $4,477,893
- Liabilities
- $1,120,374
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JAN SWENDIMAN (PRESIDENT)
- GREG CASE (PRESIDENT ELECTI)
- JESSICA HURLEY (PAST PRESIDENT)
- MARY JANE WILSON (CEO)
People named in this filing
- JAN SWENDIMAN (PRESIDENT)
- GREG CASE (PRESIDENT ELECTI)
- SUE ANN COLLINS (TREASURER)
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 Northern Kentucky Association of REALTORS® is the voice of real estate. We provide professional development, advance ethical standards, strengthen REALTOR® involvement in the community, and advocate for private property rights.
What it reported doing in 2024
Provide various services to area realtors
Operating model
- Revenue model
- Membership-supported. 77% of the money available for current operations came from membership dues.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Accountability: 82
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 84
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.2%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 9.39; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 21st percentile among comparable filings
Details
- What they do: 13 operating locations identified
- Where the money goes: 84.5% of revenue deployed · 96.7% of spending went to programs
- Governance: 14 of 14 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $461K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 28/100.