Springfield Realtors
Nonprofit profile at a glance
- EIN
- 911820614
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Springfield, OR, USA
- Phone
- 5416034863
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $106,257
- Expenses
- $106,589
- Assets
- $428,343
- Liabilities
- $274,283
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DAVID LACY (PRESIDENT)
- JOE WILLIAMS (PRESIDENT-ELECT)
- DESERAY CLINE (VICE PRESIDENT)
- LORI PALERMO (OAR CURRENT/PAST PRESIDENT)
- MARA GREGORY (IMMEDIATE PAST PRESIDENT)
Highest reported compensation
- DARIA JAMES (ASSOCIATION EXECUTIVE): $39,305 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 springfield realtors mission is to be a viable dedicated organization that fulfills the needs of its members and the objectives of the national association of realtors (nar) and the Oregon association of realtors. To encourage and foster high ethical standards in our profession, and to strive towards educating the community of the benefits a realtor can provide. We are committed to promote, preserve and advocate for property rights of our community through effective education and advocacy. Springfield realtors maintains robust political relationships with our local, state, and federal officials in order to promote responsible policy. This positions our members to be the voice for real estate issues in lane county and beyond.
What it reported doing in 2024
The purpose of the fore our kids golf tournament is to raise awareness and charitable donations to support children in need in our local community. For the past few years, we have been able to raise funds for bags of love which is a non-profit organization that provides necessities and comfort items to children who are in crisis due to neglect, abuse, poverty, homelessness, or disaster.
Operating model
- Revenue model
- Membership-supported. 82% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 95% 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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 83
- Accountability: 84
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.1%; rating input score 31
- Program expense ratio: 30.8%; rating input score 31
- Fundraising efficiency: $25.22 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.3%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 4.02; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 36.9%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -50.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: 10.2% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 14.8% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 31.1% of revenue deployed · 30.8% of spending went to programs
- Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $39K · 15 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.