Nonprofit · EIN 42-0626937
IOWA ASSOCIATION OF REALTORS
Tax-exempt · WDM, IA 50266
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,099,524 | $4,107,076 | -$7,552 | $6,242,475 | $2,239,937 | $4,002,538 |
| December 31, 2023 | 990 | $3,780,607 | $3,941,993 | -$161,386 | $6,105,633 | $2,231,639 | $3,873,994 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $189,976
- Program service revenue
- $2,807,763
- Investment income
- $87,902
- Net gain from sales of assets
- $10,657
- Other revenue
- $1,013,883
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $272,964
- Other salaries and wages
- $1,043,757
- Salaries, compensation and benefits (total)
- $1,570,056
- Professional fundraising fees
- $0
- Legal fees
- $67,088
- Accounting fees
- $101,806
- Travel
- $166,892
- Depreciation
- $187,957
Balance sheet and other
- Total assets, start of year
- $6,105,633
- Total assets, end of year
- $6,242,475
- Total liabilities, end of year
- $2,239,937
- Net assets, end of year
- $4,002,538
- Land, buildings and equipment
- $2,845,034
- Publicly traded securities
- $2,231,860
- Net assets without donor restrictions
- $3,822,683
- Net assets with donor restrictions
- $179,855
- Gross unrelated business income
- $881,780
- Gross receipts
- $4,171,253
- Employees
- 16
- Volunteers
- 34
- Year formed
- 1949
- State of legal domicile
- IA
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 |
|---|---|---|---|---|
| GAVIN BLAIR | CEO Officer | 40 | $238,094 | $34,870 |
| CINDY PELZ | DIRECTOR OF BOARD SERVICES Highest-paid employee | 40 | $130,000 | $21,965 |
| JEN BURKAMPER | BOARD REPRESENTATIVES Trustee or director, Officer | 0 | $0 | $0 |
| SHANER MAGALHAES | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BYRON MENKE | BOARD REPRESENTATIVES Trustee or director, Officer | 0 | $0 | $0 |
| KRISTA CLARK | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JEFF HEFEL | IAR AMBASSADOR Trustee or director | 0 | $0 | $0 |
| SCOTT WENDL | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| JEN STANBROUGH | IAR AMBASSADOR Trustee or director | 0 | $0 | $0 |
| NICK POLUM | IAR AMBASSADOR Trustee or director | 0 | $0 | $0 |
| SARA SAMMS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| ERIKA HANSEN | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| JOHN DUNN | TREASURER Trustee or director | 1 | $0 | $0 |
| KEENAN SCHUUR | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| TRAVIS BUSHAW | PRESIDENT ELECT Trustee or director | 1 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGEN JOHNSON | SECOND VICE PRESIDENT Trustee or director | 1 | $0 |
| RYAN KETELSEN | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| TYLER RIDDLE | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| ERIK MELLOY | FIRST VICE PRESIDENT Trustee or director | 1 | $0 |
| RAYMOND SIDDELL | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| JENNIFER WEIGEL | IAR AMBASSADOR Trustee or director | 0 | $0 |
| GRETCHEN LOLIS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| BRAD BRISSEY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| LISA HECKMAN | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| CHAD SCHONEMAN | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| MERISHA MUSTEDANAGIC | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| MISTY SZCZECH | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| RACHEL THOMAS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| DEB FOWLER | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| JULIE EDEN | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
| KIKI SCARBERRY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GAVIN BLAIR | CEO Officer | 40 | $230,450 | $33,889 |
| CINDY PELZ | DIRECTOR OF BOARD SERVICES Highest-paid employee | 40 | $118,000 | $19,065 |
| JEN BURKAMPER | PAST PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| SHANER MAGALHAES | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| BYRON MENKE | PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KRISTA CLARK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GOEDE | PAST PRESIDENT Trustee or director | 0 | $0 | $0 |
| SCOTT WENDL | PAST PRESIDENT Trustee or director | 0 | $0 | $0 |
| JEN STANBROUGH | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| BRAD SANDERSON | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| MIKE FRANEY | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| DIANA SYMONDS | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| JOHN DUNN | TREASURER Trustee or director | 1 | $0 | $0 |
| GERALD SORENSEN | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| TRAVIS BUSHAW | FIRST VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| REGEN JOHNSON | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| STEVE CAMPBELL | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| TYLER RIDDLE | REGIONAL VICE PRESIDENT Trustee or director | 0 | $0 | $0 |
| ERIC MELLOY | SECOND VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| RAYMOND SIDDELL | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| JENNIFER WEIGEL | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| KIM BAKEY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| BRAD BRISSEY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| LAURA EASTWOOD | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| JENNIFER RAMAEKER | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| PAUL PARK | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| MAX CARLSON | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| KRISTIN POLLEY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| LAURA CUSTIS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| MATT WOLFF | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| RYAN BACKES | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| TONYA VAKULSKAS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| KENDRA MULCAHY | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| TAMMY DUNBAR | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| AMY HAGGSTROM | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
| JAMIE MCMANIS | BOARD REPRESENTATIVES Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5950 VILLAGE VIEW DR STE 100, WDM, IA 50266-3900
- Principal officer (990 for 2024)
- GAVIN BLAIR, 5950 VILLAGE VIEW DRIVE STE 100, WEST DES MOINES, IA 50266
- Signed the 990
- GAVIN BLAIR, CEO
- Phone
- (515) 453-1064
- Website
- WWW.IOWAREALTORS.COM
- Return prepared by
- MERIWETHER WILSON AND COMPANY PLLC
Mission
TO UNITE REAL ESTATE LICENSEES OF THE STATE OF IOWA AND LOCAL BOARDS OF REALTORS FOR THE PURPOSE OF EXERTING EFFECTIVELY A COMBINED INFLUENCE UPON MATTERS AFFECTING REAL ESTATE TO ELEVATE THE STANDARDS OF THE REAL ESTATE BUSINESS THROUGHOUT THE STATE (SEE SCHEDULE O). AND THE PROFESSIONAL CONDUCT OF PERSONS ENGAGED THEREIN. TO ASSIST ITS MEMBERS IN IMPROVING AND MAKING MORE EFFICIENT THEIR BUSINESS BY THE ADOPTION OF SERVICES, RULES AND REGULATIONS AS MAY BE DEEMED PROPER. TO ASSIST IN THE ENFORCEMENT OF THE CODE OF IOWA, PARTICULARLY AS TO THOSE PORTIONS THEREOF REGULATING TO THE PRACTICES AND OPERATIONS OF THE REAL ESTATE BROKERS AND SALESPERSONS. TO EDUCATE AND INFORM MEMBERS ON ISSUES. TO SUPPORT PUBLIC POLICY AND PUBLIC OFFICIALS RELATING TO REAL ESTATE.
Program accomplishments
- EDUCATION - TO EDUCATE MEMBERS TO IMPROVE THEIR PROFESSIONAL COMPETENCE AND TO ALLOW THE MEMBERS TO MEET STATE LICENSE REQUIREMENTS.
- GOVERNMENTAL AFFAIRS - TO EDUCATE AND INFORM LAWMAKERS OF THE EFFECTS OF PENDING LEGISLATION AND TO DEFEND THE PROPERTY RIGHTS OF LANDOWNERS IN IOWA.
- COMMUNICATION - TO UPDATE MEMBERS ON CURRENT DEVELOPMENTS IN THE REAL ESTATE INDUSTRY.
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
- 42-0626937
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,242,475
- Income (IRS master file)
- $4,171,253
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,099,524 | $4,107,076 | $6,242,475 | XML |
| 990 | December 2023 | $3,780,607 | $3,941,993 | $6,105,633 | XML |
| 990 | December 2022 | $3,758,792 | $3,604,082 | $6,052,391 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 42-0626937).
Questions about IOWA ASSOCIATION OF REALTORS
- What is the EIN of IOWA ASSOCIATION OF REALTORS?
- The employer identification number (EIN) of IOWA ASSOCIATION OF REALTORS is 42-0626937.
- Is IOWA ASSOCIATION OF REALTORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1954.
- Are donations to IOWA ASSOCIATION OF REALTORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IOWA 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 IOWA 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 IOWA 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 IOWA ASSOCIATION OF REALTORS?
- The 990 for the year ended December 31, 2024 names GAVIN BLAIR.
- Who are the officers and directors of IOWA ASSOCIATION OF REALTORS?
- The 990 for the year ended December 31, 2024 lists 31 people; 2 received compensation from the organization, the highest $238,094 (GAVIN BLAIR, CEO).
- How much revenue does IOWA ASSOCIATION OF REALTORS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,099,524, expenses of $4,107,076 and total assets of $6,242,475 at year end.
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