Nonprofit · EIN 23-7247361
HIGHLAND LAKES ASSOCIATION OF REALTORS
Tax-exempt · MARBLE FALLS, TX 78654
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $494,886 | $625,269 | -$130,383 | $1,907,703 | $239,142 | $1,668,561 |
| December 31, 2023 | 990 | $670,981 | $1,015,169 | -$344,188 | $2,009,517 | $313,483 | $1,696,034 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $204,028
- Investment income
- $44,306
- Net gain from sales of assets
- $2,469
- Other revenue
- $246,552
Expenses
- Grants and similar amounts paid
- $14,000
- Compensation of officers, directors and key employees
- $101,132
- Other salaries and wages
- $222,290
- Salaries, compensation and benefits (total)
- $379,219
- Professional fundraising fees
- $0
- Legal fees
- $646
- Accounting fees
- $29,260
- Occupancy
- $21,851
- Depreciation
- $27,742
Balance sheet and other
- Total assets, start of year
- $2,009,517
- Total assets, end of year
- $1,907,703
- Total liabilities, end of year
- $239,142
- Net assets, end of year
- $1,668,561
- Land, buildings and equipment
- $588,673
- Publicly traded securities
- $446,370
- Net assets without donor restrictions
- $1,668,561
- Gross unrelated business income
- $246,296
- Gross receipts
- $672,546
- Employees
- 4
- Volunteers
- 59
- Year formed
- 1977
- State of legal domicile
- TX
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 |
|---|---|---|---|---|
| Luanne Coleman | CEO Officer | 40 | $101,132 | $7,238 |
| Byron Hobbs | President Trustee or director, Officer | 1 | $0 | $0 |
| Taylor Delz | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Courtney Wing | Sec/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Kim Lookabaugh | Past President Trustee or director, Officer | 1 | $0 | $0 |
| Mischelle Griffin | Director Trustee or director | 1 | $0 | $0 |
| Carol Hardy | Director Trustee or director | 1 | $0 | $0 |
| Todd Liverman | Director Trustee or director | 1 | $0 | $0 |
| John Osbourn | Director Trustee or director | 1 | $0 | $0 |
| Jodi Robinson | Director Trustee or director | 1 | $0 | $0 |
| Cathy Ryden | Director Trustee or director | 1 | $0 | $0 |
| Gay Wheeler | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Luanne Coleman | CEO Officer | 40 | $94,850 | $5,518 |
| Kim Lookabaugh | President Trustee or director, Officer | 1 | $0 | $0 |
| Byron Hobbs | Pres Elect Trustee or director, Officer | 1 | $0 | $0 |
| Courtney Wing | Sec/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Shanna Syphrett | Past President Trustee or director, Officer | 1 | $0 | $0 |
| Mischelle Griffin | Director Trustee or director | 1 | $0 | $0 |
| Bailey Heinatz | Director Trustee or director | 1 | $0 | $0 |
| Tony Houle | Director Trustee or director | 1 | $0 | $0 |
| Todd Liverman | Director Trustee or director | 1 | $0 | $0 |
| John Osbourne | Director Trustee or director | 1 | $0 | $0 |
| Cathy Ryden | Director Trustee or director | 1 | $0 | $0 |
| Gay Wheeler | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4601 E INNOVATION LOOP, MARBLE FALLS, TX 78654-3961
- Principal officer (990 for 2024)
- Luanne Coleman, 4601 E Innovation Loop, Marble Falls, TX 78654
- Signed the 990
- Luanne Coleman, CEO
- Phone
- (830) 693-5787
- Website
- www.hlaor.realtor
- Return prepared by
- Dunagan Jack LLP
Mission
Highland Lakes Association of REALTORS serves our profession and community through advocacy, education and service.
Program accomplishments
- The Association worked to advance the following objectives, as it represented its members in Burnet and Llano Counties:* To unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests.* To promote and maintain high standards of conduct in the real estate profession as expressed in the Code of Ethics of NATIONAL ASSOCIATION OF REALTORS.* To provide a unified medium for real estate owners and those engaged in the real estate profession whereby their interests may be safeguarded and advanced.* To further the interests of home and other real property ownership.* To unite those engaged in the real estate profession in this community with Texas Association of REALTORS and NATIONAL ASSOCIATION OF REALTORS, thereby furthering their own objectives throughout the state and nation, and obtaining the benefits and privileges of membership therein.* To designate, for the benefit of the public, individuals authorized to use the terms REALTOR and REALTORS as licensed, prescribed, and controlled by NATIONAL ASSOCIATION OF REALTORS.
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
- 23-7247361
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,907,703
- Income (IRS master file)
- $672,546
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $494,886 | $625,269 | $1,907,703 | XML |
| 990 | December 2023 | $670,981 | $1,015,169 | $2,009,517 | XML |
| 990 | December 2022 | $991,690 | $809,304 | $2,064,966 | 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 23-7247361).
Questions about HIGHLAND LAKES ASSOCIATION OF REALTORS
- What is the EIN of HIGHLAND LAKES ASSOCIATION OF REALTORS?
- The employer identification number (EIN) of HIGHLAND LAKES ASSOCIATION OF REALTORS is 23-7247361.
- Is HIGHLAND LAKES ASSOCIATION OF REALTORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1976.
- Are donations to HIGHLAND LAKES ASSOCIATION OF REALTORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HIGHLAND LAKES ASSOCIATION OF REALTORS 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 HIGHLAND LAKES ASSOCIATION OF REALTORS 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 HIGHLAND LAKES ASSOCIATION OF REALTORS 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 HIGHLAND LAKES ASSOCIATION OF REALTORS?
- The 990 for the year ended December 31, 2024 names Luanne Coleman.
- Who are the officers and directors of HIGHLAND LAKES ASSOCIATION OF REALTORS?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $101,132 (Luanne Coleman, CEO).
- How much revenue does HIGHLAND LAKES ASSOCIATION OF REALTORS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $494,886, expenses of $625,269 and total assets of $1,907,703 at year end.
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