Oklahoma Association of Realtors

Nonprofit profile at a glance

EIN
730739195
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Oklahoma City, OK, USA
Phone
4058489944
Rating confidence
Limited

Official website

Reported finances

Revenue
$3,723,816
Expenses
$2,862,804
Assets
$13,263,696
Liabilities
$6,017,516

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

Leadership & pay

101 people listed

Executive titles in this filing

  • RENEE HOOVER-PAYTON (PRESIDENT)
  • EMILYKAYE MITCHELSON (PRESIDENT-ELECT)
  • JULIE SMITH (PAST PRESIDENT)
  • CLAUDETTE THORNTON (DISTRICT VICE PRESIDENT)
  • JEANNIE GLAZE (DISTRICT VICE PRESIDENT)
  • JILIAN GARDNER (DISTRICT VICE PRESIDENT)

Highest reported compensation

  • BRYAN HUTCHINSON (CEO): $276,170 total reported compensation
  • WILL G GATTENBY (COO): $182,253 total reported compensation
  • JACE WHITE (GENERAL COUNSEL): $152,531 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 Oklahoma association of realtors connects real estate professionals across the state by providing comprehensive professional resources, maintaining the highest ethical standards and giving realtors a unified voice in shaping Oklahoma real estate property laws and regulations.

What it reported doing in 2024

Realtor publications: the association's official newsletter which contains informative articles concerning the real estate industry and notifies members of meetings and changes in laws.

Operating model

Revenue model
Earned-program. 93% 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: 71
  • Accountability: 86
  • Sustainability: 65
  • 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: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 23.1%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 4.63; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 25.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 7.3% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 12.5% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 97 of 97 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $276K · 101 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.