Civic Intelligence

Cape Cod & Islands Association Of

990 • Fiscal year 2018 • EIN 04-2315153

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 06, 2019

22 Mid Tech DriveWest Yarmouth, MA 02673

(508) 957-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

1.61x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

32nd percentile

-0.3%

Higher net margin than 32% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$161,179

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

45th percentile

1.0%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

2.6%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,977,847

Up $29,375 (+1.0%) from 2017

Net Assets

Down

$1,791,481

Down $2,077 (-0.1%) from 2017

Liabilities

Up

$1,186,366

Up $31,452 (+2.7%) from 2017

Revenue

Up

$737,278

Up $19,013 (+2.6%) from 2017

Expenses

Up

$739,355

Up $11,012 (+1.5%) from 2017

Net Income

Up

-$2,077

Up $8,001 (+79%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,663,204Liabilities 2010: $766,803Net Assets 2010: $1,896,4012010Assets 2011: $2,746,589Liabilities 2011: $844,897Net Assets 2011: $1,901,6922011Assets 2012: $2,705,148Liabilities 2012: $815,964Net Assets 2012: $1,889,1842012Assets 2013: $2,712,764Liabilities 2013: $832,434Net Assets 2013: $1,880,3302013Assets 2014: $2,027,692Liabilities 2014: $286,830Net Assets 2014: $1,740,8622014Assets 2015: $2,809,888Liabilities 2015: $1,055,863Net Assets 2015: $1,754,0252015Assets 2016: $2,924,809Liabilities 2016: $1,121,173Net Assets 2016: $1,803,6362016Assets 2017: $2,948,472Liabilities 2017: $1,154,914Net Assets 2017: $1,793,5582017Assets 2018: $2,977,847Liabilities 2018: $1,186,366Net Assets 2018: $1,791,4812018Assets 2019: $2,944,348Liabilities 2019: $1,139,505Net Assets 2019: $1,804,8432019Assets 2020: $2,968,621Liabilities 2020: $1,166,485Net Assets 2020: $1,802,1362020Assets 2021: $2,856,756Liabilities 2021: $1,101,820Net Assets 2021: $1,754,9362021Assets 2022: $2,773,976Liabilities 2022: $1,078,674Net Assets 2022: $1,695,3022022Assets 2023: $3,002,790Liabilities 2023: $1,346,580Net Assets 2023: $1,656,2102023Assets 2024: $2,765,496Liabilities 2024: $1,102,014Net Assets 2024: $1,663,4822024

Highlighted filing

2018

Assets$2,977,847
Liabilities$1,186,366
Net Assets$1,791,481

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $667,7772010Expenses 2011: $631,4122011Expenses 2012: $601,7762012Expenses 2013: $622,6082013Revenue 2014: $617,083Expenses 2014: $756,551Net Income 2014: -$139,4682014Revenue 2015: $604,367Expenses 2015: $559,909Net Income 2015: $44,4582015Revenue 2016: $648,070Expenses 2016: $598,459Net Income 2016: $49,6112016Revenue 2017: $718,265Expenses 2017: $728,343Net Income 2017: -$10,0782017Revenue 2018: $737,278Expenses 2018: $739,355Net Income 2018: -$2,0772018Revenue 2019: $791,544Expenses 2019: $778,182Net Income 2019: $13,3622019Revenue 2020: $706,637Expenses 2020: $709,344Net Income 2020: -$2,7072020Revenue 2021: $778,661Expenses 2021: $825,861Net Income 2021: -$47,2002021Revenue 2022: $842,360Expenses 2022: $899,609Net Income 2022: -$57,2492022Revenue 2023: $843,949Expenses 2023: $905,856Net Income 2023: -$61,9072023Revenue 2024: $863,375Expenses 2024: $858,275Net Income 2024: $5,1002024

Highlighted filing

2018

Revenue$737,278
Expenses$739,355
Net Income-$2,077
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$816,779
Mission and Program Overview

Mission

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,365,249$1,212,179▼ $153,070
Land, Buildings, and Equipment, Net$1,083,178$1,039,489▼ $43,689
Accounts Receivable$465,937$529,736▲ $63,799
Prepaid Expenses and Deferred Charges$2,433$2,711▲ $278
Pledges and Grants Receivable$13,080$1,125▼ $11,955
Inventories for Sale or Use$3,571$174▼ $3,397
Investments Other Securities$100$100→ $0
Total Assets$2,948,472$2,977,847▲ $29,375
Other Assets Total$14,924$192,333▲ $177,409
Liabilities
Deferred Revenue$570,560$611,330▲ $40,770
Other Liabilities$493,789$507,878▲ $14,089
Accounts Payable and Accrued Expenses$90,565$67,158▼ $23,407
Total Liabilities$1,154,914$1,186,366▲ $31,452
Net Assets / Fund Balance
Unrestricted Net Assets$1,793,558$1,791,481▼ $2,077
Total Net Assets Fund Balance$1,793,558$1,791,481▼ $2,077
Total Liabilities and Net Assets / Fund Balance$2,948,472$2,977,847▲ $29,375

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$679,888$526,902$1,206,790
Land$331,722-$331,722
Equipment$23,850$164,876$188,726
Other Land Buildings$4,029$65,235$69,264
Other Assets Org$192,333--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan CastleCEOPT$74,118$6,472$80,590

Board Members and Trustees

NameTitle
Gregory MurphyPast President
Martha KnappPresident
Joe ArnaoPresident Elect
Colleen KilfoilDirector
Courtney MarekDirector
Deborah MasonDirector
Dennis MurphyDirector
Heath CokerDirector
Laura ClementsDirector
Pam RobertsDirector
Gregory KielyTreasurer/clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$619,429
Program Service Revenue
$8,500
Investment Income
$4,164
Other Revenue
$105,185
Change in Net Assets
$-2,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$752,862
Revenue Not Reported on Financial Statements
$-15,584
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-15,584
Total Revenue per Audited Statements
$752,862
Total Revenue per Form 990
$737,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$432,827
Salaries, Compensation, and Employee Benefits$306,528
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$176,157
Conferences and Meetings---$75,869
Current Officers, Directors, Trustees, and Key Employees---$74,118
Occupancy---$38,907
All Other Expenses---$32,378
Office Expenses---$31,610
Depreciation Depletion---$25,009
Information Technology---$24,548
Payroll Taxes---$23,240
Other Employee Benefits---$21,409
Other Expenses---$20,830
Fees for Services Legal---$15,000
Fees for Services Accounting---$12,500
Pension Plan Contributions---$11,604
Travel---$10,133
Total Functional Expenses$0$0$0$739,355

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$754,939
Expenses per Audited Statements$739,355
Total Expenses per Form 990$739,355
Expenses Not Reported on Form 990$15,584
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dues Payable$507,878
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is organized as a non-stock, nonprofit, or not-for-profit corporation or association with members.

Form 990, Part VI, Section A, Line 7A

The members vote for their board of directors and make governing decisions at their annual meeting.

Form 990, Part VI, Section A, Line 7B

The members vote for their board of directors and make governing decisions at their annual meeting.

Form 990, Part VI, Section A, Line 8B

The organization contemporaneously documented by any means permitted by state law every meeting held and written action taken during the organization's tax year by its governing body and committees with authority to act on behalf of the governing body (which ordinarily dont include advisory boards). Documentation permitted by state law can include approved minutes, email, or similar writings that explain the action taken, when it was taken and who made the decision. For this purpose, contemporaneous means by the later of (1) the next meeting of the government body or committee (such as approving the minutes of the prior meeting) or (2) 60 days after the date of meeting or written action.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is provided to each board member for their review prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

Cape cod & islands association has a written conflict of interest policy which requires all directors, officers, employees to disclose any conflicts of interest. Every month, the board reviews these disclosures to assure that any conflicts that arise are addressed.

Form 990, Part VI, Section B, Line 15

The associaton relies on a compensation committee with final approval from the board of directors to determine, review, and approve the compensation of the ceo. The ceo has a performance evaluation which is used in part to determine any changes in pay.

Form 990, Part VI, Section C, Line 19

The organizational governing documents, financial statements and form 990 are available upon request to the general public.

Filing and Contact Details

Filer

Filer Name
Cape Cod & Islands Association of
EIN
04-2315153
Phone
5089574300
Address
22 MID TECH DRIVE, WEST YARMOUTH, MA 02673

Signing Officer

Name
Ryan Castle
Title
CEO
Phone
5089574300
Signed
2019-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Castle
Formed
1926
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
11
Volunteers
150

Preparer

Firm
Wolf & Company Pc
Address
99 HIGH STREET 21ST FLOOR, BOSTON, MA 02110
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Supplemental Narrative

Additional Explanations

990, PART III , LINE 1 - ORGANIZATION'S MISSION

The purpose of the cape cod & islands association of realtors, inc. ("cc&iaor") is to unite and serve those involved in the real estate industry in our region and work in concert with the massachusetts association of realtors and the national association of realtors: - to exert a beneficial influence upon the real estate industry. - to maintain, promote and enforce high standards of ethics, conduct and practice in a cooperative environment so as to serve the public with competence and professionalism. - to protect and enhance the members' freedom and ability to conduct their individual businesses successfully. - to protect and promote, through collective action, the rights and interests of real property ownership. The cape cod & islands association of realtors, inc. Is a professional real estate trade association, comprised of its total membership and includes a board of directors, which is the policy making body for the cc&iaor. The cape cod & islands association of realtors, inc. Encourages your participation in the association so that you may have the opportunity for continued personal growth while being part of the cc&iaor's decision making process. In turn, your participation results in a viable, progressive and active association to which you are proud to belong.

FORM 990, PART XII, LINE 2C:

There was no change in the oversight process or selection process during the tax year 2018.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from income taxes under section 501(c)(6) of the internal revenue code. The association is, however, subject to federal and state taxes on its unrelated business taxable income, if any. Mls is subject to both federal and state income taxes. The provision for income taxes for mls is based on the elements of income and expense as reported in its statement of activities. When material, deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities will be adjusted accordingly through the provision for income taxes. The association and mls follow accounting guidance regarding the recognition, measurement, presentation, and disclosure of uncertain tax positions in the consolidated financial statements. Tax positions taken or expected to be taken in the course of preparing the association's and mls's tax returns, including the position that the association qualifies as a tax exempt organization, are required to be evaluated to determine the tax positions are "more-likely-than-not" to be upheld under regulatory review. Neither the association or mls recognized any tax liabilities associated with uncertain tax positions nor have they recognized any interest or penalties related to unrecognized tax positions. Generally, the association and mls are no longer subject to federal and state examinations by taxing authorities for years before 2015.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Retail store expenses -3,562. Real estate expenses -12,022.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Retail store expenses 3,562. Real estate expenses 12,022.

Raw XML AppendixShowing 400 of 539 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0100
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0757013
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01083178
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01039489
IRS990/LandBldgEquipCostOrOtherBssAmt01796502
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt075939
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0619429
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01793558
IRS990/NetAssetsOrFundBalancesEOYAmt01791481
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-3179
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-3179
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03166
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03166
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt038907
IRS990/OfficeExpensesGrp/TotalAmt031610
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014924
IRS990/OtherAssetsTotalGrp/EOYAmt0192333
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021409
IRS990/OtherExpensesGrp/Desc0MEMBER SERVICES
IRS990/OtherExpensesGrp/Desc1PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc2MEMBER DASHBOARD
IRS990/OtherExpensesGrp/Desc3CONSULTANT FEES
IRS990/OtherExpensesGrp/TotalAmt098598
IRS990/OtherExpensesGrp/TotalAmt126577
IRS990/OtherExpensesGrp/TotalAmt220868
IRS990/OtherExpensesGrp/TotalAmt320830
IRS990/OtherLiabilitiesGrp/BOYAmt0493789
IRS990/OtherLiabilitiesGrp/EOYAmt0507878
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0NAR REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/Desc1EVENTS SPONSORS
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt066091
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt124847
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt214260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt066091
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt124847
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt214260
IRS990/OtherRevenueTotalAmt0105198
IRS990/OtherSalariesAndWagesGrp/TotalAmt0176157
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt023240
IRS990/PensionPlanContributionsGrp/TotalAmt011604
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013080
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01125
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02433
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02711
IRS990/PrincipalOfficerNm0RYAN CASTLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08500
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLICATION OF COMMUNICATIONS TO PROVIDE MEMBERS WITH INFORMATION INCLUDING LEGISLATIVE AND REGULATORY UPDATES, TAX CODE INTERPRETATIONS, ARTICLES ON PROFESSIONAL STANDARDS AND SPECIAL TOPICS.
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORT SERVICES FOR THOSE ENGAGED IN THE REAL ESTATE INDUSTRY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0602088
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03321
IRS990/PYOtherExpensesAmt0435314
IRS990/PYOtherRevenueAmt094592
IRS990/PYProgramServiceRevenueAmt018264
IRS990/PYRevenuesLessExpensesAmt0-10078
IRS990/PYSalariesCompEmpBnftPaidAmt0293029
IRS990/PYTotalExpensesAmt0728343
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0718265
IRS990/ReconcilationRevenueExpnssAmt0-2077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt03166
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/DuesAssessmentsAmt0619429
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0NO GRASSROOT LOBBYING IN 2018.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0LOBBYING
IRS990ScheduleD/BuildingsGrp/BookValueAmt0679888
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0526902
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01206790
IRS990ScheduleD/EquipmentGrp/BookValueAmt023850
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0164876
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0188726
IRS990ScheduleD/ExpensesNotReportedAmt015584
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0739355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0331722
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0331722
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0192333
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherExpensesIncludedAmt015584
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04029
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065235
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069264
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0507878
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUES PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-15584
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-15584
IRS990ScheduleD/RevenueSubtotalAmt0752862
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS, HOWEVER, SUBJECT TO FEDERAL AND STATE TAXES ON ITS UNRELATED BUSINESS TAXABLE INCOME, IF ANY. MLS IS SUBJECT TO BOTH FEDERAL AND STATE INCOME TAXES. THE PROVISION FOR INCOME TAXES FOR MLS IS BASED ON THE ELEMENTS OF INCOME AND EXPENSE AS REPORTED IN ITS STATEMENT OF ACTIVITIES. WHEN MATERIAL, DEFERRED TAX ASSETS AND LIABILITIES ARE REFLECTED AT CURRENTLY ENACTED INCOME TAX RATES APPLICABLE TO THE PERIOD IN WHICH THE DEFERRED TAX ASSETS OR LIABILITIES ARE EXPECTED TO BE REALIZED OR SETTLED. AS CHANGES IN TAX LAWS OR RATES ARE ENACTED, DEFERRED TAX ASSETS AND LIABILITIES WILL BE ADJUSTED ACCORDINGLY THROUGH THE PROVISION FOR INCOME TAXES. THE ASSOCIATION AND MLS FOLLOW ACCOUNTING GUIDANCE REGARDING THE RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS. TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ASSOCIATION'S AND MLS'S TAX RETURNS, INCLUDING THE POSITION THAT THE ASSOCIATION QUALIFIES AS A TAX EXEMPT ORGANIZATION, ARE REQUIRED TO BE EVALUATED TO DETERMINE THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE UPHELD UNDER REGULATORY REVIEW. NEITHER THE ASSOCIATION OR MLS RECOGNIZED ANY TAX LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS NOR HAVE THEY RECOGNIZED ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS. GENERALLY, THE ASSOCIATION AND MLS ARE NO LONGER SUBJECT TO FEDERAL AND STATE EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RETAIL STORE EXPENSES -3,562. REAL ESTATE EXPENSES -12,022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RETAIL STORE EXPENSES 3,562. REAL ESTATE EXPENSES 12,022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01039489
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0192333
IRS990ScheduleD/TotalExpensesPerForm990Amt0739355
IRS990ScheduleD/TotalLiabilityAmt0507878
IRS990ScheduleD/TotalRevenuePerForm990Amt0737278
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0752862
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0754939
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt074118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt074118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt06471
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RYAN CASTLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt080590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt080589
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CAPE COD & ISLANDS ASSOCIATION OF REALTORS, INC. ("CC&IAOR") IS TO UNITE AND SERVE THOSE INVOLVED IN THE REAL ESTATE INDUSTRY IN OUR REGION AND WORK IN CONCERT WITH THE MASSACHUSETTS ASSOCIATION OF REALTORS AND THE NATIONAL ASSOCIATION OF REALTORS: - TO EXERT A BENEFICIAL INFLUENCE UPON THE REAL ESTATE INDUSTRY. - TO MAINTAIN, PROMOTE AND ENFORCE HIGH STANDARDS OF ETHICS, CONDUCT AND PRACTICE IN A COOPERATIVE ENVIRONMENT SO AS TO SERVE THE PUBLIC WITH COMPETENCE AND PROFESSIONALISM. - TO PROTECT AND ENHANCE THE MEMBERS' FREEDOM AND ABILITY TO CONDUCT THEIR INDIVIDUAL BUSINESSES SUCCESSFULLY. - TO PROTECT AND PROMOTE, THROUGH COLLECTIVE ACTION, THE RIGHTS AND INTERESTS OF REAL PROPERTY OWNERSHIP. THE CAPE COD & ISLANDS ASSOCIATION OF REALTORS, INC. IS A PROFESSIONAL REAL ESTATE TRADE ASSOCIATION, COMPRISED OF ITS TOTAL MEMBERSHIP AND INCLUDES A BOARD OF DIRECTORS, WHICH IS THE POLICY MAKING BODY FOR THE CC&IAOR. THE CAPE COD & ISLANDS ASSOCIATION OF REALTORS, INC. ENCOURAGES YOUR PARTICIPATION IN THE ASSOCIATION SO THAT YOU MAY HAVE THE OPPORTUNITY FOR CONTINUED PERSONAL GROWTH WHILE BEING PART OF THE CC&IAOR'S DECISION MAKING PROCESS. IN TURN, YOUR PARTICIPATION RESULTS IN A VIABLE, PROGRESSIVE AND ACTIVE ASSOCIATION TO WHICH YOU ARE PROUD TO BELONG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS ORGANIZED AS A NON-STOCK, NONPROFIT, OR NOT-FOR-PROFIT CORPORATION OR ASSOCIATION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS VOTE FOR THEIR BOARD OF DIRECTORS AND MAKE GOVERNING DECISIONS AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS VOTE FOR THEIR BOARD OF DIRECTORS AND MAKE GOVERNING DECISIONS AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION CONTEMPORANEOUSLY DOCUMENTED BY ANY MEANS PERMITTED BY STATE LAW EVERY MEETING HELD AND WRITTEN ACTION TAKEN DURING THE ORGANIZATION'S TAX YEAR BY ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY (WHICH ORDINARILY DONT INCLUDE ADVISORY BOARDS). DOCUMENTATION PERMITTED BY STATE LAW CAN INCLUDE APPROVED MINUTES, EMAIL, OR SIMILAR WRITINGS THAT EXPLAIN THE ACTION TAKEN, WHEN IT WAS TAKEN AND WHO MADE THE DECISION. FOR THIS PURPOSE, CONTEMPORANEOUS MEANS BY THE LATER OF (1) THE NEXT MEETING OF THE GOVERNMENT BODY OR COMMITTEE (SUCH AS APPROVING THE MINUTES OF THE PRIOR MEETING) OR (2) 60 DAYS AFTER THE DATE OF MEETING OR WRITTEN ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER FOR THEIR REVIEW PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CAPE COD & ISLANDS ASSOCIATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH REQUIRES ALL DIRECTORS, OFFICERS, EMPLOYEES TO DISCLOSE ANY CONFLICTS OF INTEREST. EVERY MONTH, THE BOARD REVIEWS THESE DISCLOSURES TO ASSURE THAT ANY CONFLICTS THAT ARISE ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ASSOCIATON RELIES ON A COMPENSATION COMMITTEE WITH FINAL APPROVAL FROM THE BOARD OF DIRECTORS TO DETERMINE, REVIEW, AND APPROVE THE COMPENSATION OF THE CEO. THE CEO HAS A PERFORMANCE EVALUATION WHICH IS USED IN PART TO DETERMINE ANY CHANGES IN PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATIONAL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR 2018.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990, PART III , LINE 1 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0CAPE COD & THE ISLANDS MLS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1CAPE COD & THE ISLANDS MLS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0042499963
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1830524553
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2831360633
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.77$1.10$1.66$0.86$0.86$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.00$1.35$1.66$0.84$0.91$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.77$1.08$1.70$0.84$0.90$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.86$1.10$1.75$0.78$0.83$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.97$1.17$1.80$0.71$0.71$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.94$1.14$1.80$0.79$0.78$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.98$1.19$1.79$0.74$0.74$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.95$1.15$1.79$0.72$0.73$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.92$1.12$1.80$0.65$0.60$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.81$1.06$1.75$0.60$0.56$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.29$1.74$0.62$0.76$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.83$1.88$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.82$1.89$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.84$1.90$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.77$1.90$0.67
Peer Organizations

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