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PRESCOTT AREA ASSOC OF REALTORS INC

PRESCOTT, AZ · EIN 866052791 · Form 990 · FY2021 · Medium ($1M-$10M) · www.paar.org
revenue
$1.4M
expenses
$1.2M
net assets
$2.0M
employees
9
volunteers
164
program ratio
89%
mission · from form 990

SERVICES TO REALTORS INCLUDING SEMINARS, LISTINGS, FORMS & SUPPLIES

profile · synthesized from sources

The Prescott Area Association of REALTORS® (PAAR) is a non-profit trade organization that supports its REALTOR® members in the Quad Cities area of Arizona. It provides services, resources, and educational opportunities, including an independent multiple listing service and a real estate school. PAAR also advocates for private property rights and works with local governments and non-profits to build community.

named programs · 5 · from sources

what they call their work

Caring PAARtners Foundation
A 501(c)(3) non-profit providing financial assistance to PAAR members facing hardship due to disasters, medical emergencies, or other economic difficulties, and expanding to assist charitable causes in the community.
Committees
Opportunities for members to get involved, lend insights, and help shape the future of PAAR through participation in various committees.
Member Feedback Center
An online platform for members to submit ideas, upvote improvements, and report bugs to help guide the future of PAAR’s MLS.
Multiple Listing Service (MLS)
Offers an independent multiple listing service to REALTOR® members, including real-time listing data and extended search capabilities, and is part of a datashare partnership with other Arizona MLS providers.
Prescott Area School of Real Estate
Provides continuing education, MLS training, certifications, designations, and Lunch & Learns for REALTOR® members through traditional classroom and virtual learning.
activities · 6 groups

what they do

  • Real Estate Political Advocacy 2 activities
    • Advocating for Real Estate Industry and Property Rights
      Engages in advocacy efforts to protect the real estate industry and promote private property rights.
    • Advocating for Real Estate Professionals and Property Rights
      Advocates for private property rights and works to protect the real estate industry.
  • Board & Committee Governance 2 activities
    • Facilitating Member Engagement and Governance
      Operates committees to enable members to contribute expertise and shape the organization's direction, hosting regular committee meetings and events. Provides governance through planning, policy development, asset management, and strategic oversight.
    • Facilitating Member Engagement and Governance
      Operates committees to enable members to contribute expertise and shape the organization's direction, hosting regular committee meetings and events. It also provides governance through planning, policy development, asset management, and strategic oversight.
  • Law Enforcement Emergency Financial Assistance 2 activities
    • Providing Member Financial Assistance
      Offers financial assistance to Prescott Area Association of REALTORS® members facing property damage, medical emergencies, bereavement expenses, or other economic hardships.
    • Providing Member Financial Assistance
      Offers financial assistance to Prescott Area Association of REALTORS® members facing property damage, medical emergencies, bereavement expenses, or other economic hardships.
  • Multiple Listing Service (MLS) Operations 2 activities
    • Providing Multiple Listing Services (MLS)
      Operates an independent multiple listing service, providing real-time listing data and extended search capabilities to 11,700 MLS subscribers through a datashare partnership with other Arizona MLS providers. This includes making tax products like Realist Tax available to members and collecting member feedback for MLS development.
    • Providing Multiple Listing Services (MLS)
      Operates an independent multiple listing service, providing real-time listing data and extended search capabilities to 11,700 MLS subscribers through a datashare partnership with other Arizona MLS providers. This includes making tax products like Realist Tax available to members and collecting member feedback for MLS development.
  • Real Estate Continuing Education & Ethics Training 2 activities
    • Providing Real Estate Education and Training
      Operates the Prescott Area School of Real Estate, established in 2020, offering nearly 100 courses taught by 16 instructors. These courses include Continuing Education, MLS training, Certifications, Designations, and Lunch & Learns, and require new and existing REALTOR® members to complete ethics training.
    • Providing Real Estate Education and Training
      Operates the Prescott Area School of Real Estate, established in 2020, offering nearly 100 courses taught by 16 instructors. These courses include Continuing Education, MLS, Certifications, Designations, and Lunch & Learns, and also requires new and existing REALTOR® members to complete ethics training.
  • Educator and Professional Recognition Awards 2 activities
    • Recognizing Member Achievements and Service
      Recognizes REALTORS® and Affiliate Members for distinguished service, leadership, community involvement, and adherence to professional standards through various awards including the Distinguished Service Award, REALTOR® of the Year Award, Rising Star Award, Good Neighbor Award, and Affiliate of the Year award.
    • Recognizing Member Achievements and Service
      Recognizes REALTORS® and Affiliate Members for distinguished service, leadership, community involvement, and adherence to professional standards through awards such as the Distinguished Service Award, REALTOR® of the Year Award, Rising Star Award, Good Neighbor Award, and Affiliate of the Year award.
financials · form 990 · fy2021
revenue
Total revenue$1.36M
Contributions & grants$464K34%
Program service revenue$194K14%
Investment income$2K0%
Other revenue$697K
expenses
Total expenses$1.21M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$485K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.66M
Cash$2.26M
Investments$0
Liabilities$679K
Net assets$1.98M
Liquid reserves22.4 mo
2 years on record · 2020–2021 · YoY revenue +8.6%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 2
NameTitleHours/wkCompensation
SUZANNE WESTRUM CEO 40 $69K
AMANDA A CREEL CEO 40 $25K
board members · 14
  • BARBARA PHILLIPS — TREASURER-EL
  • BEN ZALLAHA — DIRECTOR
  • CHRISTINA SEBRING — AFFILIATE LI
  • CINDY EASTWOOD — DIRECTOR
  • COOPER ANDERSON — PROP MGMT DI
  • FAYE HUMPHREY — PRESIDENT-EL
  • GEORGE BEITZEL — PRESIDENT
  • GORDON SAMPSON — DIRECTOR
  • JEANELLE SHEARER — FIRST VICE P
  • JT PURVIS — COMMERCIAL D
  • KAYLA STAZENSKI — DIRECTOR
  • LYNN KENT — TREASURER
  • MARK GLAZA — APPRAISER DI
  • TINA SEELEY — IMMED PAST P
relationships · 12

who they work with

  • Flagstaff MLS Partner — Datashare partner providing real-time listing data and extended search capability.
  • Multiple Listing Services (MLS) Partner — May receive information from MLS partners and shares information with MLS for professional purposes.
  • National Association of REALTORS Network — Member organization that adopted the Multiple Listing Options Policy implemented by PAAR.
  • National Association of REALTORS® Partner — Requires members to complete ethics training courses provided by the National Association of REALTORS®.
  • Noterouter Partner — Uses Noterouter as an approved channel for obtaining consent for SMS communications.
  • Realist Tax Partner — Current provider of tax product for PAAR members, replacing Monsoon.
  • The Information Market Partner — Former provider of the Monsoon tax product, now replaced by Realist Tax.
  • Tucson MLS Partner — Datashare partner providing real-time listing data and extended search capability.
  • White Mountains MLS Partner — Datashare partner providing real-time listing data and extended search capability.
  • industry professionals Partner — Works with industry professionals in the Quad Cities area to build a better community.
  • local governments Partner — Works with local governments in the Quad Cities area to build a better community.
  • non-profits Partner — Works with non-profits in the Quad Cities area to build a better community.