Civic Intelligence

Livingston County Association of Realtors

990 • Fiscal year 2018 • EIN 23-7322213

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 19, 2019

8025 Grand River RdBrighton, MI 48114-9366

(810) 225-1100

Siviq Scores

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

Liabilities / Assets

84th percentile

0.51x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

2.45x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

15th percentile

-7.0%

Higher net margin than 15% of similar nonprofits.

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

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

29th percentile

-3.6%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

11th percentile

-12%

Faster revenue growth than 11% of similar nonprofits.

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

Assets

Down

$1,131,894

Down $42,706 (-3.6%) from 2017

Net Assets

Down

$553,926

Down $45,994 (-7.7%) from 2017

Liabilities

Up

$577,968

Up $3,288 (+0.6%) from 2017

Revenue

Down

$236,138

Down $32,107 (-12%) from 2017

Expenses

Up

$252,644

Up $6,171 (+2.5%) from 2017

Net Income

Down

-$16,506

Down $38,278 (-176%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $673,012Liabilities 2013: $111,952Net Assets 2013: $561,0602013Assets 2014: $721,601Liabilities 2014: $245,824Net Assets 2014: $475,7772014Assets 2015: $677,148Liabilities 2015: $183,124Net Assets 2015: $494,0242015Assets 2016: $1,044,238Liabilities 2016: $446,054Net Assets 2016: $598,1842016Assets 2017: $1,174,600Liabilities 2017: $574,680Net Assets 2017: $599,9202017Assets 2018: $1,131,894Liabilities 2018: $577,968Net Assets 2018: $553,9262018Assets 2019: $1,161,577Liabilities 2019: $586,083Net Assets 2019: $575,4942019Assets 2020: $1,141,696Liabilities 2020: $585,577Net Assets 2020: $556,1192020Assets 2021: $934,027Liabilities 2021: $372,076Net Assets 2021: $561,9512021Assets 2022: $712,585Liabilities 2022: $221,968Net Assets 2022: $490,6172022Assets 2023: $1,027,742Liabilities 2023: $550,517Net Assets 2023: $477,2252023Assets 2024: $1,034,425Liabilities 2024: $553,295Net Assets 2024: $481,1302024

Highlighted filing

2018

Assets$1,131,894
Liabilities$577,968
Net Assets$553,926

Operations Trend

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

$400K$200K$0-$200KExpenses 2013: $147,1862013Revenue 2014: $180,570Expenses 2014: $298,646Net Income 2014: -$118,0762014Revenue 2015: $198,570Expenses 2015: $179,511Net Income 2015: $19,0592015Revenue 2016: $385,620Expenses 2016: $222,194Net Income 2016: $163,4262016Revenue 2017: $268,245Expenses 2017: $246,473Net Income 2017: $21,7722017Revenue 2018: $236,138Expenses 2018: $252,644Net Income 2018: -$16,5062018Revenue 2019: $224,532Expenses 2019: $247,044Net Income 2019: -$22,5122019Revenue 2020: $193,969Expenses 2020: $227,866Net Income 2020: -$33,8972020Revenue 2021: $240,386Expenses 2021: $250,247Net Income 2021: -$9,8612021Revenue 2022: $228,767Expenses 2022: $247,786Net Income 2022: -$19,0192022Revenue 2023: $231,722Expenses 2023: $261,518Net Income 2023: -$29,7962023Revenue 2024: $262,664Expenses 2024: $260,814Net Income 2024: $1,8502024

Highlighted filing

2018

Revenue$236,138
Expenses$252,644
Net Income-$16,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 19, 2019
Return Version
2018v3.1
Gross Receipts
$259,459
Mission and Program Overview

Mission

Unite those in real estate profession doing business in the county through a common organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$348,683$333,059▼ $15,624
Investments in Publicly Traded Securities$314,002$295,289▼ $18,713
Cash and Non-Interest-Bearing Accounts$260,851$289,918▲ $29,067
Accounts Receivable$96,605$78,432▼ $18,173
Savings and Temporary Cash Investments$56,135$73,755▲ $17,620
Inventories for Sale or Use$5,257$3,565▼ $1,692
Total Assets$1,174,600$1,131,894▼ $42,706
Other Assets Total$93,067$57,876▼ $35,191
Liabilities
Other Liabilities$426,956$434,706▲ $7,750
Deferred Revenue$141,029$137,340▼ $3,689
Accounts Payable and Accrued Expenses$6,695$5,922▼ $773
Total Liabilities$574,680$577,968▲ $3,288
Net Assets / Fund Balance
Unrestricted Net Assets$596,420$550,426▼ $45,994
Temporarily Rstr Net Assets$3,500$3,500→ $0
Total Net Assets Fund Balance$599,920$553,926▼ $45,994
Total Liabilities and Net Assets / Fund Balance$1,174,600$1,131,894▼ $42,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$192,444$17,285$209,729
Land$122,700-$122,700
Equipment$8,944$17,615$26,559
Other Assets Org$4,751--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pam ZimmerleePresident
Bob WittDirector
Carl VagnettiDirector
Jennie SteudleDirector
Kevin SchingeckDirector
Lisa BohlenDirector
Sherri GarronDirector
Susan BonstelleDirector
Paul HarmonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$207,519
Investment Income
$14,176
Other Revenue
$13,943
All Other Contributions
$500
Change in Net Assets
$-16,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$236,138
Revenue Not Reported on Form 990
$-9,448
Total Revenue per Audited Statements
$226,690
Total Revenue per Form 990
$236,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,220
Other Expenses$112,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$114,453
Other Employee Benefits---$16,236
Depreciation Depletion---$15,625
Occupancy---$12,503
Payroll Taxes---$9,531
Interest---$9,364
Travel---$6,353
Office Expenses---$4,844
Fees for Services Accounting---$3,970
Fees for Service Investment Mgmnt Fees---$3,281
Fees for Services Legal---$2,700
Advertising---$2,601
Information Technology---$2,095
All Other Expenses---$1,312
Conferences and Meetings---$1,238
Fees for Services Other---$1,039
Other Expenses---$601
Insurance---$516
Total Functional Expenses$0$0$0$252,644

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$272,684
Expenses per Audited Statements$252,644
Total Expenses per Form 990$252,644
Expenses Not Reported on Form 990$20,040
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,860
Fundraising Direct Expenses$17,025
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$19,600$19,600$333$19,267
Christmas Party$8,260$8,260$127$8,133
Total Events$27,860$27,860$17,025$10,835
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dues Payable$257,363
Long-term Debt$177,343
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

990 information return is reviewed by management and the board of directors prior to submission.

Form 990, Page 6, Part VI, Line 12C

Each year, the board of directors review and update the policy.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive vice president is approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Livingston County Assoc of Realtors
EIN
23-7322213
Phone
8102251100
Address
8025 GRAND RIVER RD, BRIGHTON, MI 48114-9366

Signing Officer

Name
Pam Zimmerlee
Title
President
Phone
8102251100
Signed
2019-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Zimmerlee
Formed
1973
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Bredernitz Wagner & Co Pc
Address
109 W CLINTON STREET, HOWELL, MI 48843-1565
Preparer
Gregory D Clum
Phone
5175462130
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Unite those in real estate profession doing business in the county through a common organization.

Form 990, Part XI, Line 9

Event expenses 23,321 investment management fees -3,281 event expenses -23,321 investment management fees 3,281

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Event expenses 23,321 investment management fees -3,281

Schedule D, Page 4, Part XII, Line 2D

Event expenses 23,321 investment management fees -3,281

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IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt056135
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IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt017285
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0209729
IRS990ScheduleD/EquipmentGrp/BookValueAmt08944
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017615
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026559
IRS990ScheduleD/ExpensesNotReportedAmt020040
IRS990ScheduleD/ExpensesSubtotalAmt0252644
IRS990ScheduleD/LandGrp/BookValueAmt0122700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122700
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-29488
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053125
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14751
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RECEIVABLE FROM REALCOMP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES
IRS990ScheduleD/OtherExpensesIncludedAmt020040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0257363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1177343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG-TERM DEBT
IRS990ScheduleD/OtherRevenueAmt020040
IRS990ScheduleD/RevenueNotReportedAmt0-9448
IRS990ScheduleD/RevenueSubtotalAmt0236138
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EVENT EXPENSES 23,321 INVESTMENT MANAGEMENT FEES -3,281
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EVENT EXPENSES 23,321 INVESTMENT MANAGEMENT FEES -3,281
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt057876
IRS990ScheduleD/TotalExpensesPerForm990Amt0252644
IRS990ScheduleD/TotalLiabilityAmt0434706
IRS990ScheduleD/TotalRevenuePerForm990Amt0236138
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0226690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0272684
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02250
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CHRISTMAS PARTY
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0291
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04162
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019600
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019600
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt027860
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010835
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0510
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0510
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0460
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0333
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0127
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08498
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0854
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09352
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNITE THOSE IN REAL ESTATE PROFESSION DOING BUSINESS IN THE COUNTY THROUGH A COMMON ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 INFORMATION RETURN IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, THE BOARD OF DIRECTORS REVIEW AND UPDATE THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EVENT EXPENSES 23,321 INVESTMENT MANAGEMENT FEES -3,281 EVENT EXPENSES -23,321 INVESTMENT MANAGEMENT FEES 3,281
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01174600
IRS990/TotalAssetsEOYAmt01131894
IRS990/TotalAssetsGrp/BOYAmt01174600
IRS990/TotalAssetsGrp/EOYAmt01131894
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IRS990/TotalContributionsAmt0500
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0252644
IRS990/TotalGrossUBIAmt01320
IRS990/TotalLiabilitiesBOYAmt0574680
IRS990/TotalLiabilitiesEOYAmt0577968
IRS990/TotalLiabilitiesGrp/BOYAmt0574680
IRS990/TotalLiabilitiesGrp/EOYAmt0577968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0599920
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0553926
IRS990/TotalProgramServiceRevenueAmt0207519
IRS990/TotalRevenueGrp/ExclusionAmt019214
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0215104
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0236138
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01320
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01174600
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01131894
IRS990/TravelGrp/TotalAmt06353
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0596420
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0550426
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.LCAR-MI.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM ZIMMERLEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08102251100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVINGSTON COUNTY ASSOC OF REALTORS
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0237322213
ReturnHeader/Filer/PhoneNum08102251100
ReturnHeader/Filer/USAddress/AddressLine1Txt08025 GRAND RIVER RD
ReturnHeader/Filer/USAddress/CityNm0BRIGHTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI

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