Nonprofit · EIN 23-7000743
ARKANSAS REALTORS ASSOCIATION
Tax-exempt · LITTLE ROCK, AR 72211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,892,729 | $2,949,727 | -$56,998 | $7,367,350 | $1,003,234 | $6,364,116 |
| December 31, 2023 | 990 | $2,748,399 | $3,305,083 | -$556,684 | $7,447,006 | $1,065,206 | $6,381,800 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,339,790
- Investment income
- $160,115
- Net rental income
- $522
- Net gain from sales of assets
- $35,651
- Net income from sales of inventory
- $392,302
- Other revenue
- $392,824
Expenses
- Grants and similar amounts paid
- $150,000
- Compensation of officers, directors and key employees
- $358,051
- Other salaries and wages
- $437,592
- Salaries, compensation and benefits (total)
- $938,052
- Professional fundraising fees
- $0
- Legal fees
- $91,299
- Accounting fees
- $132,627
- Occupancy
- $92,657
- Travel
- $270,295
- Depreciation
- $70,995
Balance sheet and other
- Total assets, start of year
- $7,447,006
- Total assets, end of year
- $7,367,350
- Total liabilities, end of year
- $1,003,234
- Net assets, end of year
- $6,364,116
- Land, buildings and equipment
- $1,510,044
- Publicly traded securities
- $2,228,095
- Net assets without donor restrictions
- $6,364,116
- Gross receipts
- $4,841,086
- Employees
- 10
- Year formed
- 1925
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE WHITE | FORMER CEO Officer | 50 | $157,548 | $146,306 |
| AMY E HAIR | C O O Officer | 50 | $147,711 | $15,836 |
| KIM ASHCRAFT | FORMER CFO | 0 | $123,864 | $0 |
| ANDREA S ALFORD | C E O Officer | 50 | $52,792 | $1,546 |
| KERI BELL | Director Trustee or director | 2 | $0 | $0 |
| ALICIA AVERITT HALEY | Director Trustee or director | 2 | $0 | $0 |
| PHILLIP JONES | SEC-TREAS Trustee or director, Officer | 5 | $0 | $0 |
| MELISSA COLLINS | Director Trustee or director | 2 | $0 | $0 |
| KAROL BAILES | Director Trustee or director | 2 | $0 | $0 |
| DENNIS BURKS | Director Trustee or director | 2 | $0 | $0 |
| CINDY MEYERS | Director Trustee or director | 2 | $0 | $0 |
| MICHELLE HEILES | Director Trustee or director | 2 | $0 | $0 |
| WLLIAM OLSON | Director Trustee or director | 2 | $0 | $0 |
| WES FREEMAN | PRES ELECT Trustee or director, Officer | 5 | $0 | $0 |
| JESSICA JOHNSON | Director Trustee or director | 2 | $0 | $0 |
45 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER KEENEN | Director Trustee or director | 2 | $0 |
| AMY EDEN | Director Trustee or director | 2 | $0 |
| KAREN CROWSON | Director Trustee or director | 2 | $0 |
| RONALD STINCHCOMB | Director Trustee or director | 2 | $0 |
| GLEE COSNER | Director Trustee or director | 2 | $0 |
| DON MCNAUGHTON | Director Trustee or director | 2 | $0 |
| TERRI MCNAUGHTON | Director Trustee or director | 2 | $0 |
| KATHLEEN FREEMAN | Director Trustee or director | 2 | $0 |
| PAULETTE RICHIE | PAST PRES Trustee or director, Officer | 5 | $0 |
| VELDA LUEDERS | Director Trustee or director | 2 | $0 |
| JAMES RHODES | Director Trustee or director | 2 | $0 |
| NANCY WRIGHT | Director Trustee or director | 2 | $0 |
| SANDY HARRISON | Director Trustee or director | 2 | $0 |
| ANDY MEYERS | Director Trustee or director | 2 | $0 |
| CHERYL GENTRY | Director Trustee or director | 2 | $0 |
| ANGELLA JOHNSON | Director Trustee or director | 2 | $0 |
| JENNIFER WELCH | President Trustee or director, Officer | 5 | $0 |
| JONATHAN MOORE | Director Trustee or director | 2 | $0 |
| RANDALL NICHOLS | Director Trustee or director | 2 | $0 |
| KRISTYN COOLEY | Director Trustee or director | 2 | $0 |
| KRISTEN KENNON | Director Trustee or director | 2 | $0 |
| CAROLYN COBB | Director Trustee or director | 2 | $0 |
| JOSEPH MARKOWSKI | Director Trustee or director | 2 | $0 |
| MIKE FORD | Director Trustee or director | 2 | $0 |
| SUSAN VAUGHT | Director Trustee or director | 2 | $0 |
| RYAN MURRAY | Director Trustee or director | 2 | $0 |
| JEFF PRATT | Director Trustee or director | 2 | $0 |
| VEOLETTE PENNINGTON | Director Trustee or director | 2 | $0 |
| LESLIE SAMPLE | Director Trustee or director | 2 | $0 |
| JANELLE DYER | Director Trustee or director | 2 | $0 |
| BLAKLEE RAMSEY | Director Trustee or director | 2 | $0 |
| CHANCE SCHUBERT | Director Trustee or director | 2 | $0 |
| SCOTT MILLER | Director Trustee or director | 2 | $0 |
| DARLA DOUGLAS | Director Trustee or director | 2 | $0 |
| RACHEL MUNDY | Director Trustee or director | 2 | $0 |
| SUZETT SPARKS | Director Trustee or director | 2 | $0 |
| ALICIA DEMAREST | Director Trustee or director | 2 | $0 |
| CHRISTOPHER DEMAREST | Director Trustee or director | 2 | $0 |
| SARAH SEALY | Director Trustee or director | 2 | $0 |
| FRANKIE RIVERS | Director Trustee or director | 2 | $0 |
| CINDY TEEKELL | Director Trustee or director | 2 | $0 |
| GINA WILKINS | Director Trustee or director | 2 | $0 |
| CHRIS POLYCHRON | Director Trustee or director | 2 | $0 |
| SANDRA KELLEY | PAST PRES Trustee or director, Officer | 5 | $0 |
| BOB DODSON | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 61 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARBARA M BASS | FORMER CEO | 50 | $412,863 | $15,108 |
| KIM ASHCRAFT | FORMER CFO | 50 | $127,852 | $14,720 |
| AMY HAIR | INTERIM CEO Officer | 50 | $117,928 | $13,521 |
| MARGARET BELL | Director Trustee or director | 2 | $0 | $0 |
| KENDRA BRUCE | Director Trustee or director | 2 | $0 | $0 |
| PHILLIP JONES | Director Trustee or director | 2 | $0 | $0 |
| DEBBIE COLLINS | Director Trustee or director | 2 | $0 | $0 |
| APRIL FINDLAY | Director Trustee or director | 2 | $0 | $0 |
| KIM BYRD | Director Trustee or director | 2 | $0 | $0 |
| CINDY MEYERS | Director Trustee or director | 2 | $0 | $0 |
| MICHELLE HEILES | Director Trustee or director | 2 | $0 | $0 |
| WLLIAM OLSON | Director Trustee or director | 2 | $0 | $0 |
| WES FREEMAN | SEC-TREAS Trustee or director, Officer | 5 | $0 | $0 |
| JESSICA JOHNSON | Director Trustee or director | 2 | $0 | $0 |
| KRISTEN KENNON | Director Trustee or director | 2 | $0 | $0 |
| AMY EDEN | Director Trustee or director | 2 | $0 | $0 |
| KAREN CROWSON | Director Trustee or director | 2 | $0 | $0 |
| RONALD STINCHCOMB | Director Trustee or director | 2 | $0 | $0 |
| DANIEL GRAY | Director Trustee or director | 2 | $0 | $0 |
| DON MCNAUGHTON | Director Trustee or director | 2 | $0 | $0 |
| JACK POFF | Director Trustee or director | 2 | $0 | $0 |
| JERRY CARLTON | Director Trustee or director | 2 | $0 | $0 |
| PAULETTE RICHIE | President Trustee or director, Officer | 5 | $0 | $0 |
| VELDA LUEDERS | Director Trustee or director | 2 | $0 | $0 |
| JAMES RHODES | Director Trustee or director | 2 | $0 | $0 |
| NANCY WRIGHT | Director Trustee or director | 2 | $0 | $0 |
| SHARLA LAU | Director Trustee or director | 2 | $0 | $0 |
| AARON MEYERS | Director Trustee or director | 2 | $0 | $0 |
| CHERYL GENTRY | Director Trustee or director | 2 | $0 | $0 |
| NIKKI POLYCHRON | Director Trustee or director | 2 | $0 | $0 |
| JENNIFER WELCH | PRES ELECT Trustee or director, Officer | 5 | $0 | $0 |
| JONATHAN MOORE | Director Trustee or director | 2 | $0 | $0 |
| RANDALL NICHOLS | Director Trustee or director | 2 | $0 | $0 |
| KRISTYN COOLEY | Director Trustee or director | 2 | $0 | $0 |
| STACY HAMILTON | Director Trustee or director | 2 | $0 | $0 |
| CAROLYN COBB | Director Trustee or director | 2 | $0 | $0 |
| JOESEPH MARKOWSKI | Director Trustee or director | 2 | $0 | $0 |
| MIKE FORD | Director Trustee or director | 2 | $0 | $0 |
| SUSAN VAUGHT | Director Trustee or director | 2 | $0 | $0 |
| BOBBIE HIMEL | Director Trustee or director | 2 | $0 | $0 |
| JEFF PRATT | Director Trustee or director | 2 | $0 | $0 |
| MELINDA PURVIS | Director Trustee or director | 2 | $0 | $0 |
| LESLIE SAMPLE | Director Trustee or director | 2 | $0 | $0 |
| JANELLE DYER | Director Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER MCBRIDE | Director Trustee or director | 2 | $0 | $0 |
| CHANCE SCHUBERT | Director Trustee or director | 2 | $0 | $0 |
| SCOTT MILLER | Director Trustee or director | 2 | $0 | $0 |
| DARLA DOUGLAS | Director Trustee or director | 2 | $0 | $0 |
| RACHEL MUNDY | Director Trustee or director | 2 | $0 | $0 |
| SUZETT SPARKS | Director Trustee or director | 2 | $0 | $0 |
| ALICIA DEMAREST | Director Trustee or director | 2 | $0 | $0 |
| ANGEL RAWLINGS | Director Trustee or director | 2 | $0 | $0 |
| ROBERT WEIGEL | Director Trustee or director | 2 | $0 | $0 |
| FRANKIE RIVERS | Director Trustee or director | 2 | $0 | $0 |
| MAURICE TAYLOR | Director Trustee or director | 2 | $0 | $0 |
| ASHTON TODD | Director Trustee or director | 2 | $0 | $0 |
| GINA WILKINS | Director Trustee or director | 2 | $0 | $0 |
| DOYLE YATES | Director Trustee or director | 2 | $0 | $0 |
| CHRIS POLYCHRON | Director Trustee or director | 2 | $0 | $0 |
| SANDRA KELLEY | PAST PRES Trustee or director, Officer | 5 | $0 | $0 |
| BOB DODSON | Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11224 EXECUTIVE CENTER DR, LITTLE ROCK, AR 72211-4320
- Principal officer (990 for 2024)
- ANDREA S ALFORD, 11224 EXECUTIVE CENTER DRIVE, LITTLE ROCK, AR 72211
- Signed the 990
- ANDREA S ALFORD, C E O
- Phone
- (501) 225-2020
- Website
- www.arkansasrealtors.com
- Return prepared by
- KNAPP CRAIG & RUGG PA
Mission
TRADE ASSOCIATION ORGANIZED FOR REALTORS DOING BUSINESS IN THE STATE OF ARKANSAS. THE ASSOCIATION WAS ESTABLISHED TO PROMOTE THE REAL ESTATE INDUSTRY IN GENERAL AND TO PROVIDE PROFESSIONAL DEVELOPMENT AND RISK REDUCTION FOR ITS MEMBERS.
Program accomplishments
- THE ASSOCIATION HAS PRODUCED STANDARDIZED INDUSTRY FORMS AND SOFTWARE FOR ITS MEMBERSHIP. THE PRIMARY PURPOSE IS RISK (LIABILITY) REDUCTION. THE FORMS AND SOFTWARE ARE AVAILABLE FOR SALE ONLY TO LICENSED REAL ESTATE BROKERS AND AGENTS. ELECTRONIC FORMS ARE AVAILABLE ONLY TO REALTORS WHO ARE MEMBERS OF THE ASSOCIATION. PAPER FORMS ARE AVAILABLE TO MEMBERS AND NON-MEMBERS.
- THE ASSOCIATION SPONSORS AN ANNUAL CONVENTION FOR ITS MEMBERS. THE CONVENTION INCLUDES SPEAKERS, EDUCATION SEMINARS, TABLE-TOP EXHIBITS, AND A GENERAL EXCHANGE OF IDEAS. APPROXIMATELy 586 PERSONS ATTENDED THE 2024 CONVENTION.
- THE ASSOCIATION SPONSORS EDUCATION COURSES FOR THE BENEFIT OF ITS MEMBERSHIP IN ORDER THAT CONTINUING PROFESSIONAL EDUCATION REQUIREMENTS CAN BE MET AND SO THAT ADVANCED DESIGNATIONS CAN BE ACHIEVED. SIXTEEN EDUCATION COURSES WERE HELD IN 2024.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7000743
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,367,350
- Income (IRS master file)
- $4,841,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,892,729 | $2,949,727 | $7,367,350 | IRS |
| 990 | December 2023 | $2,748,399 | $3,305,083 | $7,447,006 | XML |
| 990 | December 2022 | $2,563,325 | $2,016,766 | $7,449,142 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7000743).
Questions about ARKANSAS REALTORS ASSOCIATION
- What is the EIN of ARKANSAS REALTORS ASSOCIATION?
- The employer identification number (EIN) of ARKANSAS REALTORS ASSOCIATION is 23-7000743.
- Is ARKANSAS REALTORS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1969.
- Are donations to ARKANSAS REALTORS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARKANSAS REALTORS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARKANSAS REALTORS ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARKANSAS REALTORS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ARKANSAS REALTORS ASSOCIATION?
- The 990 for the year ended December 31, 2024 names ANDREA S ALFORD.
- Who are the officers and directors of ARKANSAS REALTORS ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 60 people; 4 received compensation from the organization, the highest $157,548 (STEPHANIE WHITE, FORMER CEO).
- How much revenue does ARKANSAS REALTORS ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,892,729, expenses of $2,949,727 and total assets of $7,367,350 at year end.
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