↑ parent activity group ·
research dossier →

LAKE HAVASU ASSOC OF REALTORS INC

Lake Havasu City, AZ · EIN 860353145 · Form 990 · FY2022 · NTEE S41 · Community Improvement · Small ($100K-$1M) · www.havasurealtors.com
revenue
$855K
expenses
$691K
net assets
$1.3M
employees
3
volunteers
856
program ratio
86%
mission · from form 990

Association is committed to providing the best Realtor experience for customers. Promotes education and professional ethics for members and affiliates. Provides education and licensing for realtors, agents and brokers.

profile · synthesized from sources

The Lake Havasu Association of REALTORS® is a professional organization that supports real estate professionals in Lake Havasu City, Arizona. It focuses on promoting housing opportunities, protecting property rights, and influencing legislation related to real estate. The association engages in community development and collaborates with local stakeholders to enhance neighborhood values and quality of life.

irs program accomplishments · form 990 part iii · fy2022

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $0
    Public Relations- To set goals, plan and develp programs to advance the term "RealtorsX and its professional image. Building public confidence and increasing public understanding and support. Develop a program to educate the public in the difference between "RealtorX and "Licensee". Publishing a monthly newsletter.
named programs · 2 · from sources

what they call their work

Government Affairs Committee
Promotes housing opportunity and protects private property rights by influencing legislation and monitoring public policies affecting real estate.
Neighborhood Parks Foundation
Collaborates with community members to enhance local parks and green spaces, improving neighborhood values and quality of life.
activities · 5 groups

what they do

  • Commercial Real Estate Professional Events & Education 9 activities
    • Host Real Estate Networking Events
      Hosts weekly market mixer tours every Wednesday morning and monthly evening property marketing events for luxury listings priced at $1 million or more.
    • Member Representation and Engagement
      Represents over 830 members across various real estate specialties, including commercial, development, property management, appraisal, and residential sales. The organization also hosts weekly market mixer tours and monthly evening property marketing events for luxury listings priced at $1 million or more.
    • Membership Management
      Serves over 500 REALTOR® and affiliate members, identifies real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and adhere to its Code of Ethics, and collects annual membership dues from members, recognizing those who have renewed.
    • Real Estate Networking Events
      Hosts weekly market mixer tours every Wednesday morning and monthly evening property marketing events for luxury listings priced at $1 million or more.
    • Real Estate Networking Events
      Hosts weekly market mixer tours every Wednesday morning and monthly evening property marketing events for luxury listings priced at $1 million or more.
    • Real Estate Networking and Marketing Events
      Hosts weekly market mixer tours and monthly evening property marketing events for luxury listings priced at $1 million or more to facilitate networking and property promotion among members.
    • Real Estate Professional Membership and Support
      Represents and serves over 830 members across various real estate specialties, including commercial, development, property management, appraisal, and residential sales, and identifies real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and adhere to its Code of Ethics.
    • Real Estate Professional Membership and Support
      Represents and serves over 830 members across various real estate specialties, including commercial, development, property management, appraisal, and residential sales, and identifies real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and adhere to its Code of Ethics.
    • Represent Real Estate Professionals
      Represents over 830 members across various real estate specialties, including commercial, development, property management, appraisal, and residential sales.
  • Real Estate Political Advocacy 7 activities
    • Advocacy for Real Estate Industry
      Supports candidates for national, state, and local office who align with real estate industry priorities through financial contributions and political action committees. Engages in legislative education and meets with elected officials to represent members' views on relevant issues and legislation.
    • Advocacy for Real Estate Industry Priorities
      Financially supports candidates for national, state, and local office who align with real estate industry priorities, channels financial resources into political races impacting the industry, and develops programs to promote and raise funds for political action committees that assist such candidates. The organization also engages in legislative education and meets with elected officials to present members' views on relevant issues and legislation, creating opportunities for REALTORS to interact with officials.
    • Advocate for Real Estate Industry Priorities
      Financially supports candidates and channels resources into political races that align with real estate industry priorities. Engages in legislative education, meets with elected officials to present members' views, and creates opportunities for REALTORS to interact with local, state, and federal officials.
    • Advocate for Real Estate Industry Priorities
      Financially supports candidates running for national, state, and local office who align with real estate industry priorities, channels financial resources into political races, and develops programs to promote and raise funds for the Arizona Association of REALTORS' Political Action Committee.
    • Engage in Legislative Education and Outreach
      Engages in legislative education efforts to ensure real estate industry perspectives are included in policy decisions, meets with elected officials to present members' views, and generates opportunities for REALTORS to interact with local, state, and federal officials.
    • Real Estate Industry Advocacy and Political Engagement
      Financially supports candidates running for national, state, and local office who align with real estate industry priorities, engages in legislative education efforts, meets with elected officials to present members' views, and develops programs to promote and raise funds for the Arizona Association of REALTORS' Political Action Committee.
    • Real Estate Industry Advocacy and Political Engagement
      Financially supports candidates running for national, state, and local office who align with real estate industry priorities, engages in legislative education efforts, meets with elected officials to present members' views, and develops programs to promote and raise funds for the Arizona Association of REALTORS' Political Action Committee.
  • Urban Green Space Development 7 activities
    • Community Park Development and Maintenance
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment, sponsored and worked to develop a new 2.5-acre park, placed children-playing statues and a memorial plaque, facilitated the planting of seedlings, organized volunteers to create walking paths and clear brush, and installed a central cool top mister in the park.
    • Community Park Development and Maintenance
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment, sponsored and worked to develop a new 2.5-acre park, and organized volunteers for park improvements such as planting seedlings, creating walking paths, and installing a central cool top mister.
    • Community Park Development and Maintenance
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment and seeking support for "green space" initiatives. The organization sponsored and worked to develop a new 2.5-acre park in Lake Havasu City, placing children-playing statues and a memorial plaque, facilitating seedling planting, organizing volunteers to create walking paths and clear brush, and installing a central cool top mister.
    • Community Park Development and Maintenance
      Sponsored and developed a new 2.5-acre park in Lake Havasu City, including organizing volunteers for walking paths and brush clearing, planting seedlings, installing a central cool top mister, and placing children-playing statues and a memorial plaque.
    • Regional Park Needs Assessment Support
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment and seeking support for "green space" initiatives, aligning with the city's 2002 General Plan.
    • Support Community Park Development
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment and seeking support for "green space" initiatives. Sponsored and worked to develop a new 2.5-acre park, organized volunteers to create walking paths and clear brush, placed children-playing statues and a memorial plaque, facilitated seedling planting, and installed a central cool top mister.
    • Support Community Park Development
      Assisted the Lake Havasu City Neighborhood Parks Foundation in preparing a regional park needs assessment, sponsored and worked to develop a new 2.5-acre park in Lake Havasu City, and organized volunteers for park construction and maintenance activities such as planting seedlings, creating walking paths, clearing brush, and installing a central cool top mister.
  • Real Estate Continuing Education & Ethics Training 5 activities
    • Professional Development and Education
      Provides online continuing education (CE) renewal classes for real estate agents to meet the 24-hour ADRE-approved requirement every two years and offers live and live-streamed classroom courses for Code of Ethics training.
    • Professional Development and Education for Real Estate Agents
      Provides online continuing education (CE) renewal classes for real estate agents to meet the 24-hour ADRE-approved requirement every two years, and offers live and live-streamed classroom courses for Code of Ethics training.
    • Provide Real Estate Continuing Education
      Provides online continuing education (CE) renewal classes for real estate agents to meet the 24-hour ADRE-approved requirement every two years, and offers live and live-streamed classroom courses for Code of Ethics training.
    • Real Estate Continuing Education
      Provides online continuing education (CE) renewal classes for real estate agents to meet the 24-hour ADRE-approved requirement every two years, and offers live and live-streamed classroom courses for Code of Ethics training.
    • Real Estate Continuing Education
      Provides online continuing education (CE) renewal classes for real estate agents to meet the 24-hour ADRE-approved requirement every two years, and offers live and live-streamed classroom courses for Code of Ethics training.
  • Uncategorized 6 activities
    • Operate Event Venue
      Operates the REALTOR® Convention Center, a venue with over 4,000 square feet of functional space that can accommodate up to 230 guests, equipped with wireless capabilities, a sound system, and a catering kitchen with industrial appliances.
    • Operate a Convention Center
      Operates the REALTOR® Convention Center, a venue with over 4,000 square feet of functional space that can accommodate up to 230 guests for meetings and formal functions. The center provides standard seating, wireless capabilities, a built-in sound system, and a catering kitchen with industrial appliances and equipment.
    • Operation of REALTOR® Convention Center
      Operates the REALTOR® Convention Center, a venue with over 4,000 square feet of functional space accommodating up to 230 guests for meetings and formal functions. The center provides standard seating, tables, wireless capabilities, a built-in sound system, and a catering kitchen with industrial appliances and equipment. It also offers colored napkins and tablecloths through a linen company contract.
    • REALTOR® Convention Center Operation
      Operates the REALTOR® Convention Center as a venue for meetings and formal functions, providing over 4,000 square feet of functional space, standard seating, wireless capabilities, a built-in sound system, a catering kitchen with industrial appliances, and colored napkins and tablecloths through a linen company.
    • REALTOR® Convention Center Operation
      Operates the REALTOR® Convention Center as a venue for meetings and formal functions, offering over 4,000 square feet of functional space for up to 230 guests, equipped with wireless capabilities, a sound system, and a catering kitchen with industrial appliances.
    • REALTOR® Convention Center Operation
      Operates a convention center with over 4,000 square feet of functional space, accommodating up to 230 guests, equipped with wireless capabilities, a sound system, and a catering kitchen, available for meetings and formal functions.
financials · form 990 · fy2022
revenue
Total revenue$855K
Contributions & grants$344K40%
Program service revenue$502K59%
Investment income$1K0%
Other revenue$8K
expenses
Total expenses$691K
Program expenses86%
Admin / overhead10%
Fundraising0%
Salaries & benefits$238K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.78M
Cash$1.16M
Investments$0
Liabilities$499K
Net assets$1.28M
Liquid reserves20.2 mo
3 years on record · 2020–2022 · YoY revenue +10.3%
leadership · form 990 part vii · fy2022

who runs it

board members · 13
  • ALLISON PAOLI — Director
  • AMBER CHERAMY-LYON — Treasurer
  • ANGIE LOTTRIDGE — Director
  • CAROLYN ALTMAN — Director
  • CINDY PIERCE — Director
  • CRAIG COSS — Director
  • GUNNER MITCHELL — president elect
  • JOYCE BRIMMER — Director
  • JUDY TASSIE — President
  • PAUL BRUCE — Vice President
  • REY DELEON — Director
  • RICHARD GOMEZ — Trustee
  • TIM THOMPSON — Director
relationships · 16

who they work with

  • AAR Partner — Utilizes AAR's Ombudsman, Ethics Complaint, Mediation, and Arbitration programs for dispute resolution and professional standards enforcement.
  • Arizona Association REALTORS® Network — Members of Lake Havasu Association of REALTORS® also belong to the Arizona Association REALTORS®.
  • Arizona Association of REALTORS Network — Part of the Arizona Association of REALTORS Government Affairs program.
  • Arizona Association of REALTORS® (AAR) Partner — Provides an extensive library of webinars and information on designations and certifications.
  • Arizona Association of REALTORS® (AAR) Partner — Works in conjunction with AAR to develop programs for fundraising for AAR's Political Action Committee and Issues and Mobilization.
  • Arizona Association of REALTOR® Network — Member organization of the Arizona Association of REALTOR®.
  • Arizona Department of Real Estate (ADRE) Government — Real estate agents are required to complete ADRE-approved Continuing Education courses.
  • FlexMLS Partner — Uses FlexMLS platform for listing submissions, tour scheduling, and communication of tour details.
  • Lake Havasu City Neighborhood Parks Foundation Partner — Contacted the Lake Havasu Association of REALTORS® for assistance with a regional park needs assessment and worked together to make a new park a reality.
  • NAR Network — Provides access to NAR's Professional Standards Training and Information Resources.
  • NATIONAL ASSOCIATION OF REALTORS® Network — Local association of real estate professionals affiliated with the national organization
  • NATIONAL ASSOCIATION OF REALTORS® (NAR) Network — Members are real estate agents who are members of the National Association of REALTORS® and must uphold its standards and code of ethics.
  • NATIONAL ASSOCIATION of REALTORS® Network — The organization's members are also members of the NATIONAL ASSOCIATION of REALTORS®.
  • National Association of REALTORS Network — Supports candidates whose positions align with the initiatives of the National Association of REALTORS.
  • National Association of REALTORS® Network — Member organization of the National Association of REALTORS®.
  • National Association of REALTORS® Network — Members of Lake Havasu Association of REALTORS® also belong to the National Association of REALTORS®.