Utah Association of Realtors
Nonprofit profile at a glance
- EIN
- 870275654
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Sandy, UT, USA
- Phone
- 8016765200
- Rating confidence
- Limited
Reported finances
- Revenue
- $6,432,434
- Expenses
- $4,754,281
- Assets
- $30,178,628
- Liabilities
- $4,524,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
63 people listed
Executive titles in this filing
- JED NILSON (PAST PRESIDENT)
- STEPHANIE TAYLOR (VICE PRESIDENT)
- ADAM KIRKHAM (PRESIDENT)
- STEVEN BOND (PRESIDENT-ELECT)
- CHRISTOPHER KYLER (CEO)
Highest reported compensation
- CHRISTOPHER KYLER (CEO): $908,507 total reported compensation
- ADAM KIRKHAM (PRESIDENT): $18,000 total reported compensation
- JED NILSON (PAST PRESIDENT): $6,000 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 purpose of the Utah association of realtors (uar) is to serve its members and represent all facets of the real estate industry by providing programs and services to enhance members' freedom and ability to conduct successful businesses with integrity and competency and by suing collective action to promote the preservation and extension of the right ot own, transfer, and use real property.programs to accomplish the foregoing mission include:1. Public awareness advertising designed to inform the public of the services and benefits offered by realtors.2. An annual state convention where members receive updates on the laws and regulations relating to the real estate industry and receive training and support.3. Conferences and meeting with individual local boards and associations.4. Other members support with its legal resource center, professional standards monitoring and compliance, and administrative support to its uar housing opportunity fund (separate tax entity).
What it reported doing in 2024
Other member support: activities include the legal resource center, which provides legal assistance to members on a variety of real estate issues, and providing professional standards training and compliance monitoring. In addition, administrative support is provided to the housing opportunity fund, which provides financial assistance to low income and other qualified buyers, and to the graduate realtor institute, in certifying members with the gri designation. Revenues consist of reimbursement for a portion of these services.
Operating model
- Revenue model
- Membership-supported. 69% of the money available for current operations came from membership dues.
- 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: 77
- Accountability: 91
- Sustainability: 71
- Growth: 100
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: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 26.1%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 6.35; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 20%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 24.8% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 70 of 70 board members independent · 7 of 9 filing controls reported
- Programs: 5 filed program accomplishments
- Leadership: top reported pay $909K · 63 people listed · 3 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.