Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 45-1272529 • 501(c)6 • Tigard, OR
Profile
To promote the highest level of professionalism and integrity by member- agents in the vacation property rental / property management industry.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Assets
Up$293,266
Up $98,805 (+51%) from 2023
Liabilities
Up$209,537
Up $143,034 (+215%) from 2023
Net Assets
Down$83,729
Down $44,229 (-35%) from 2023
Revenue
Up$265,122
Up $24,746 (+10%) from 2023
Expenses
Up$309,351
Up $64,404 (+26%) from 2023
Net Income
Down-$44,229
Down $39,658 (-868%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To promote the highest level of professionalism and integrity by member- agents in the vacation property rental / property management industry.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $75,368 | $77,160 | ▲ $1,792 |
| Cash and Non-Interest-Bearing Accounts | $89,118 | $73,633 | ▼ $15,485 |
| Prepaid Expenses and Deferred Charges | $24,476 | $73,322 | ▲ $48,846 |
| Accounts Receivable | $5,499 | $69,151 | ▲ $63,652 |
| Total Assets | $194,461 | $293,266 | ▲ $98,805 |
| Liabilities | |||
| Deferred Revenue | $59,894 | $193,995 | ▲ $134,101 |
| Accounts Payable and Accrued Expenses | $6,609 | $15,542 | ▲ $8,933 |
| Total Liabilities | $66,503 | $209,537 | ▲ $143,034 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $127,958 | $83,729 | ▼ $44,229 |
| Total Net Assets Fund Balance | $127,958 | $83,729 | ▼ $44,229 |
| Total Liabilities and Net Assets / Fund Balance | $194,461 | $293,266 | ▲ $98,805 |
| Name | Title |
|---|---|
| Matthew Tesdall | President |
| Adam Patterson | Director |
| Andy Morris | Director |
| Blake Mackenzie | Director |
| Dana Moraru | Director |
| Heather Van Wie | Director |
| John Dunning | Director |
| John Pickart | Director |
| Kevin Jones | Director |
| Mark Tolan | Director |
| Nicole Twigg | Director |
| Brian Olson | Immediate Pa |
| Durk Johnson | Treasurer/se |
| Tera Lorimer | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $309,351 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | - | - | - | $119,377 |
| Fees for Services Management | - | - | - | $49,500 |
| Fees for Services Other | - | - | - | $44,888 |
| Advertising | - | - | - | $18,972 |
| Information Technology | - | - | - | $12,278 |
| Fees for Services Legal | - | - | - | $10,423 |
| Travel | - | - | - | $5,695 |
| Insurance | - | - | - | $3,735 |
| Fees for Services Accounting | - | - | - | $3,065 |
| Office Expenses | - | - | - | $1,454 |
| Occupancy | - | - | - | $300 |
| Other Expenses | - | - | - | $147 |
| Total Functional Expenses | $0 | $0 | $0 | $309,351 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Adam patterson tera lorimer business relationship”
“The management company, update management, inc., provides general office and administrative services for the association, as directed by the governing body, including: an association office, communications, financial services, meeting and event planning, membership management, support to the board of directors and committees, and other management services as needed. No current or former directors, officers, trustees, key employees or highest compensated employees were compensated by the management company during the tax year.”
“Significant changes to organizational documents include the expanded geographical reach from the pacific northwest to the entire us, canada, and mexico; and amended the associate member type's voting rights to now include the ability to vote for 1 representative on the board of directors”
“Nwvrp is organized as a not-for-profit professional association with an elected board of directors that serves as the governing body, as well as voting members who have approval and input into significant decisions of the governing body.”
“Nwvrp members have voting rights to elect members of the board of directors and to make amendments to the organization's bylaws. The bylaws can be amended by a majority vote of the membership, unless the change is merely an editorial change, in which case the members will be notified that the amendments have been made. All members also have input into the activities via the board of directors.”
“Nwvrp members have voting rights to elect members of the board of directors and to make amendments to the organization's bylaws. The bylaws can be amended by a majority vote of the membership, unless the change is merely an editorial change, in which case the members will be notified that the amendments have been made. All members have input into the organization's activities via the board of directors.”
“Prior to the board of directors receiving a copy of the form 990 the accountant and management company conduct a review of the document to verify the accuracy of its contents. The members of the board of directors then receive a copy of the complete 990 form, before it is filed with the irs. The board is given time to review the document and ask questions or clarify information. After the review is complete, the e-file form 8879-te (for the form 990) is signed and the accountant is then instructed to file the form 990 with the irs.”
“Nwvrp's conflict of interest policy covers the board of directors, officers, and staff. Persons covered by this policy review it annually and are required to disclose potential conflicts to the president. The president then follows the guidelines in the policy to determine the next steps including, but not limited to, disclosure to the board, recusal from discussions and/or decisions, and resignation. In addition, the association's staff will monitor proposed or ongoing transactions for conflicts of interest and disclose them with the president of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”
“Governing documents, conflict of interest policies and financial statements (not audited or reviewed) are made available upon request.”
“Consulting fees 44,888 0 0”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15542 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 69151 |
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| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/CYTotalRevenueAmt | 0 | 265122 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 193995 |
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| IRS990/OtherExpensesGrp/Desc | 1 | BANK AND CC FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | BOARD OF DIRECTOR EXPENSE |
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| IRS990/OtherExpensesGrp/TotalAmt | 3 | 147 |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 39964 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1000 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 39964 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1000 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADAM PATTERSON TERA LORIMER BUSINESS RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MANAGEMENT COMPANY, UPDATE MANAGEMENT, INC., PROVIDES GENERAL OFFICE AND ADMINISTRATIVE SERVICES FOR THE ASSOCIATION, AS DIRECTED BY THE GOVERNING BODY, INCLUDING: AN ASSOCIATION OFFICE, COMMUNICATIONS, FINANCIAL SERVICES, MEETING AND EVENT PLANNING, MEMBERSHIP MANAGEMENT, SUPPORT TO THE BOARD OF DIRECTORS AND COMMITTEES, AND OTHER MANAGEMENT SERVICES AS NEEDED. NO CURRENT OR FORMER DIRECTORS, OFFICERS, TRUSTEES, KEY EMPLOYEES OR HIGHEST COMPENSATED EMPLOYEES WERE COMPENSATED BY THE MANAGEMENT COMPANY DURING THE TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS INCLUDE THE EXPANDED GEOGRAPHICAL REACH FROM THE PACIFIC NORTHWEST TO THE ENTIRE US, CANADA, AND MEXICO; AND AMENDED THE ASSOCIATE MEMBER TYPE'S VOTING RIGHTS TO NOW INCLUDE THE ABILITY TO VOTE FOR 1 REPRESENTATIVE ON THE BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NWVRP IS ORGANIZED AS A NOT-FOR-PROFIT PROFESSIONAL ASSOCIATION WITH AN ELECTED BOARD OF DIRECTORS THAT SERVES AS THE GOVERNING BODY, AS WELL AS VOTING MEMBERS WHO HAVE APPROVAL AND INPUT INTO SIGNIFICANT DECISIONS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NWVRP MEMBERS HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS AND TO MAKE AMENDMENTS TO THE ORGANIZATION'S BYLAWS. THE BYLAWS CAN BE AMENDED BY A MAJORITY VOTE OF THE MEMBERSHIP, UNLESS THE CHANGE IS MERELY AN EDITORIAL CHANGE, IN WHICH CASE THE MEMBERS WILL BE NOTIFIED THAT THE AMENDMENTS HAVE BEEN MADE. ALL MEMBERS ALSO HAVE INPUT INTO THE ACTIVITIES VIA THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NWVRP MEMBERS HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS AND TO MAKE AMENDMENTS TO THE ORGANIZATION'S BYLAWS. THE BYLAWS CAN BE AMENDED BY A MAJORITY VOTE OF THE MEMBERSHIP, UNLESS THE CHANGE IS MERELY AN EDITORIAL CHANGE, IN WHICH CASE THE MEMBERS WILL BE NOTIFIED THAT THE AMENDMENTS HAVE BEEN MADE. ALL MEMBERS HAVE INPUT INTO THE ORGANIZATION'S ACTIVITIES VIA THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PRIOR TO THE BOARD OF DIRECTORS RECEIVING A COPY OF THE FORM 990 THE ACCOUNTANT AND MANAGEMENT COMPANY CONDUCT A REVIEW OF THE DOCUMENT TO VERIFY THE ACCURACY OF ITS CONTENTS. THE MEMBERS OF THE BOARD OF DIRECTORS THEN RECEIVE A COPY OF THE COMPLETE 990 FORM, BEFORE IT IS FILED WITH THE IRS. THE BOARD IS GIVEN TIME TO REVIEW THE DOCUMENT AND ASK QUESTIONS OR CLARIFY INFORMATION. AFTER THE REVIEW IS COMPLETE, THE E-FILE FORM 8879-TE (FOR THE FORM 990) IS SIGNED AND THE ACCOUNTANT IS THEN INSTRUCTED TO FILE THE FORM 990 WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | NWVRP'S CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS, OFFICERS, AND STAFF. PERSONS COVERED BY THIS POLICY REVIEW IT ANNUALLY AND ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS TO THE PRESIDENT. THE PRESIDENT THEN FOLLOWS THE GUIDELINES IN THE POLICY TO DETERMINE THE NEXT STEPS INCLUDING, BUT NOT LIMITED TO, DISCLOSURE TO THE BOARD, RECUSAL FROM DISCUSSIONS AND/OR DECISIONS, AND RESIGNATION. IN ADDITION, THE ASSOCIATION'S STAFF WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM WITH THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS (NOT AUDITED OR REVIEWED) ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | CONSULTING FEES 44,888 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/TaxYr | 0 | 2024 |
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