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Nonprofit · EIN 56-6077458

SALISBURY ROWAN ASSOCIATION OF REALTORS INC

Tax-exempt · SALISBURY, NC 28144

Financials

$99K$100K2023$109K$117K2024
Revenue Expenses · by fiscal year end
Financials of SALISBURY ROWAN ASSOCIATION OF REALTORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$108,584$117,062-$8,478$43,520$24,263$19,257
December 31, 2023990$99,455$99,935-$480$62,614$34,879$27,735
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$94,995
Investment income
$0
Net income from fundraising events
$8,358
Other revenue
$13,589

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$27,600
Salaries, compensation and benefits (total)
$30,203
Professional fundraising fees
$0
Accounting fees
$3,497
Occupancy
$5,410
Program services (functional)
$117,062

Balance sheet and other

Total assets, start of year
$62,614
Total assets, end of year
$43,520
Total liabilities, end of year
$24,263
Net assets, end of year
$19,257
Publicly traded securities
$10,856
Net assets without donor restrictions
$19,257
Gross receipts
$120,879
Employees
1
Year formed
1967
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
ROBIN HUDENPAST PRESIDE
Officer
–$0
JULIUS WAGGONER JRPRESIDENT
Officer
–$0
LINDSAY BOST RIGGSSECRETARY
Officer
–$0
JASON WALLACETREASURER
Officer
–$0
MELISSA YATESPRESIDENT EL
Officer
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ROBIN HUDENPAST PRESIDE
Officer
–$0
JULIUS WAGGONER JRPRESIDENT
Officer
–$0
LINDSAY BOST RIGGSSECRETARY
Officer
–$0
JASON WALLACETREASURER
Officer
–$0
JASON WALLACETREASURER
Officer
–$0
MELISSA YATESPRESIDENT EL
Officer
–$0

Address and contacts

Address (IRS master file)
401 W INNES ST FLOOR 2, SALISBURY, NC 28144-4232
Principal officer (990 for 2024)
JULIUS WAGGONER JR, 401 W INNES ST, SALISBURY, NC 28144
Signed the 990
SUSAN DUNCAN, EXECUTIVE DIRECTOR
Phone
(704) 636-1811
Return prepared by
DAVIS GROUP PA CPAS

Mission

ASSIST MEMBERS BY PROVIDING EDUCATION AND OTHER TRAINING RELATED TO REAL ESTATE. PROVIDES INFORMATION TO THE PUBLIC REGARDING REAL ESTATE AGENTS AND LISTINGS. THE ASSOCIATION PROVIDES MEMBERS AN OPPORTUNITY TO MEET WITH OTHER REAL ESTATE AGENTS AND DEVELOP PROFESSIONAL RELATIONSHIPS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE MEMBERSHIP OPPORTUNITIES TO MEMBERS. PROVIDE TRAINING AND A CENTRAL SOURCE TO ASSIST MEMBERS IN THEIR PROFESSIONAL CAREERS. PROVIDES LOCAL SOURCE FOR MEMBERSHIP IN STATE AND NATIONAL REALTOR ASSOCIATIONS.
    Expenses $117,062 · revenue $94,995

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-6077458
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$43,520
Income (IRS master file)
$120,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$108,584$117,062$43,520XML
990December 2023$99,455$99,935$62,614XML
990December 2022$92,750$96,498$65,807IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 56-6077458).

Questions about SALISBURY ROWAN ASSOCIATION OF REALTORS INC

What is the EIN of SALISBURY ROWAN ASSOCIATION OF REALTORS INC?
The employer identification number (EIN) of SALISBURY ROWAN ASSOCIATION OF REALTORS INC is 56-6077458.
Is SALISBURY ROWAN ASSOCIATION OF REALTORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1967.
Are donations to SALISBURY ROWAN ASSOCIATION OF REALTORS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SALISBURY ROWAN ASSOCIATION OF REALTORS INC 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 SALISBURY ROWAN ASSOCIATION OF REALTORS INC 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 SALISBURY ROWAN ASSOCIATION OF REALTORS INC 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 SALISBURY ROWAN ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 names JULIUS WAGGONER JR.
Who are the officers and directors of SALISBURY ROWAN ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SALISBURY ROWAN ASSOCIATION OF REALTORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $108,584, expenses of $117,062 and total assets of $43,520 at year end.

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