Nonprofit · EIN 84-1276916
DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $300,352 | $351,410 | -$51,058 | $113,839 | $111,178 | $2,661 |
| September 30, 2024 | 990 | $360,143 | $466,359 | -$106,216 | $188,320 | $134,601 | $53,719 |
| September 30, 2023 | 990 | $505,757 | $562,710 | -$56,953 | $301,308 | $141,373 | $159,935 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $268,690
- Investment income
- $3,236
- Net income from fundraising events
- $20,113
- Other revenue
- $28,426
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Salaries, compensation and benefits (total)
- $117,178
- Professional fundraising fees
- $0
- Accounting fees
- $2,241
- Occupancy
- $5,280
- Depreciation
- $258
Balance sheet and other
- Total assets, start of year
- $188,320
- Total assets, end of year
- $113,839
- Total liabilities, end of year
- $111,178
- Net assets, end of year
- $2,661
- Net assets without donor restrictions
- $546
- Net assets with donor restrictions
- $2,115
- Gross unrelated business income
- $7,856
- Gross receipts
- $368,964
- Employees
- 1
- Volunteers
- 16
- Year formed
- 1994
- State of legal domicile
- CO
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Heather Howerton | EO Key employee, Highest-paid employee | 40 | $100,000 | $10,586 |
| Russell Gruber | President, Director Trustee or director, Officer | 3 | $0 | $0 |
| Justin Lutgen | Past President, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Megan Kranichfeld | President-Elect, Director Trustee or director, Officer | 3 | $0 | $0 |
| Jessica Graham | Treasurer, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Tia Jones | Secretary, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Luke Davidson | Affiliate Director Liaison Trustee or director | 2.5 | $0 | $0 |
| Jane Fletcher | Director at Large Organization Trustee or director | 2.5 | $0 | $0 |
| Sarajane Goodfellow | Director Trustee or director | 2.5 | $0 | $0 |
| Aaron Koury | Director at Large Organization Trustee or director | 2.5 | $0 | $0 |
| Adam Lewis | Director Trustee or director | 2.5 | $0 | $0 |
| Nick Kitaeff | Director at Large Organization Trustee or director | 2.5 | $0 | $0 |
| Billy Woodward | Director at Large Organization Trustee or director | 2.5 | $0 | $0 |
| Rachel Canella | Director at Large Organization Trustee or director | 2.5 | $0 | $0 |
| Lynn Pearson | Director, Mid-Size Trustee or director | 2.5 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie McBrearty | Director, Mid-Size Trustee or director | 2.5 | $0 |
990 for the year ended September 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rachel Marion | CEO Key employee, Highest-paid employee | 40 | $158,125 | $16,424 |
| Justin Lutgen | President, Director Trustee or director, Officer | 3 | $0 | $0 |
| Erika Shorter | Past President, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Russell Gruber | President-Elect, Director Trustee or director, Officer | 3 | $0 | $0 |
| Megan Kranichfeld | Treasurer, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Tia Jones | Secretary, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Robb Brown | Director Trustee or director | 1.25 | $0 | $0 |
| Luke Davidson | Affiliate Director Liaison Trustee or director | 1.25 | $0 | $0 |
| Jane Fletcher | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Sarajane Goodfellow | Director Trustee or director | 1.25 | $0 | $0 |
| Carmon Hicks | Director Trustee or director | 1.25 | $0 | $0 |
| Aaron Koury | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Adam Lewis | Director Trustee or director | 1.25 | $0 | $0 |
| Ashley Stiles | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Nick Kitaeff | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Billy Woodward | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Rachel Canella | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Logan Schenk | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Sam Zaitz | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rachel Marion | CEO Key employee, Highest-paid employee | 40 | $175,000 | $19,680 |
| Erika Shorter | President, Director Trustee or director, Officer | 3 | $0 | $0 |
| Charley Will | Past President, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Justin Lutgen | President-Elect, Director Trustee or director, Officer | 3 | $0 | $0 |
| Russell Gruber | Treasurer, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Megan Kranichfeld | Secretary, Director Trustee or director, Officer | 2.5 | $0 | $0 |
| Robb Brown | Director Trustee or director | 1.25 | $0 | $0 |
| Luke Davidson | Affiliate Director Liaison Trustee or director | 1.25 | $0 | $0 |
| Jane Fletcher | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Sarajane Goodfellow | Director Trustee or director | 1.25 | $0 | $0 |
| Carmon Hicks | Director Trustee or director | 1.25 | $0 | $0 |
| Tia Jones | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Aaron Koury | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Adam Lewis | Director Trustee or director | 1.25 | $0 | $0 |
| Jamie Pollock | Director Trustee or director | 1.25 | $0 | $0 |
| Ashley Stiles | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| Nick Kitaeff | Director at Large Organization Trustee or director | 1.25 | $0 | $0 |
| John O'Dorisio | Legal Counsel Trustee or director | 1.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1536 WYNKOOP ST STE 523, DENVER, CO 80202-1376
- In care of
- % KATIE KRUGER
- Principal officer (990 for 2024)
- Russell Gruber, 1536 Wynkoop St, Ste 523, Denver, CO 80202
- Signed the 990
- Russell Gruber, President
- Phone
- (303) 753-6227
- Website
- www.dmcar.com
Mission
To provide resources for members to professionally, ethically, and successfully conduct their commercial real estate business and to protect and support the right to own, use, and transfer real property
Program accomplishments
- LEADERSHIP SUPPORT and TRAINING - The leadership team and members are being sought out to speak, hold office and lead others in business development, technology and new processes that represent and benefit commercial brokers across the country. The organization's national reputation has been earned through its local focus, hard work and achievements.Expenses $62,668
- GOVERNMENT AFFAIRS - The organization's Government Affairs program has enjoyed numerous successes and features a strong focus on a wide range of key issues, including: State-level passing of construction defects reform; monitoring the affordable housing ordinance, providing input on proposed programs developed by the City's committee and any potential additional property taxes and development impact fees that could negatively hit the commercial real estate industry; preparing the commercial real estate industry to adhere to new energy efficiency requirements related to transparency and benchmarking for commercial buildings in Denver.Expenses $60,555
- MEMBER SERVICES - The organizational commitment to membership services has helped to make member businesses stronger and more successful. DMCAR members enjoy the highest quality database products at the most affordable rates from its database provider partner. Members also enjoy access to world-class continuing education and productive networking events.Expenses $60,793
- PUBLIC AFFAIRS, COMMUNICATION and MARKETING - The organization continues to be a proactive advocate in both municipal and state issues with a commitment to tackling the industry-wide pressing commercial real estate issues. In addition to these services, DMCAR continues to deliver the premier commercial real estate conference of the year, featuring billionaire entrepreneurs, NFL and real estate Hall of Famers, nationally-recognized corporate executives, and a forecast panel comprised of area top producers. For younger professionals, there is a robust young broker career advancement and placement service, facilitating career growth through special networking opportunities, meaningful connections to managing brokers, and access to a Young Broker Job Board.Expenses $33,313
- EDUCATION - As an association, DMCAR is committed to a tradition of delivering high-value, high-reward education and professional development tools, marketing and business development resources, career advancement and mentoring for young brokers as the foundation of its professional success. In the fall of 2022, DMCAR launched the Inclusive City Builders Fellowship Program, a diverse student-shadowing program that exposes the student participants to real estate, architectural, and construction career training.Expenses $22,518
- PROFESSIONAL STANDARDS and ARBITRATION - The Grievance Committee and the Professional Standards Committee both fall under Professional Standards. These Committees are responsible for ensuring due process in the conduct of hearings to enforce the Code of Ethics and in the arbitration of business disputes arising out of the real estate business. DMCAR offers its members mediation services, as well as the ability to file ethics complaints and arbitration requests through these respective committees.Expenses $9,263
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 84-1276916
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $113,839
- Income (IRS master file)
- $368,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $300,352 | $351,410 | $113,839 | XML |
| 990 | September 2024 | $360,143 | $466,359 | $188,320 | XML |
| 990 | September 2023 | $505,757 | $562,710 | $301,308 | XML |
| 990 | September 2022 | $450,328 | $502,037 | $313,432 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | 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 84-1276916).
Questions about DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS
- What is the EIN of DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS?
- The employer identification number (EIN) of DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS is 84-1276916.
- Is DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DENVER METROPOLITAN COMMERCIAL 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 DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS?
- The 990 for the year ended September 30, 2025 names Russell Gruber.
- Who are the officers and directors of DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS?
- The 990 for the year ended September 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $100,000 (Heather Howerton, EO).
- How much revenue does DENVER METROPOLITAN COMMERCIAL ASSOCIATION OF REALTORS have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $300,352, expenses of $351,410 and total assets of $113,839 at year end.
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