Civic Intelligence

Winston-Salem Regional Association of Realtors Inc

990 • Fiscal year 2014 • EIN 56-0841677

Jan 01, 2014 to Dec 31, 2014 • Filed on May 28, 2015

195 Executive Park BoulevardWinstonsalem, NC 27103-1525

(336) 768-5560

Siviq Scores

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

Liabilities / Assets

44th percentile

0.14x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.36x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

81st percentile

14%

Higher net margin than 81% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

32nd percentile

$92,279

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

46th percentile

2.7%

Faster asset growth than 46% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

89th percentile

26%

Faster revenue growth than 89% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,033,615

Up $54,253 (+2.7%) from 2013

Net Assets

Up

$1,742,953

Up $73,838 (+4.4%) from 2013

Liabilities

Down

$290,662

Down $19,585 (-6.3%) from 2013

Revenue

Up

$817,224

Up $170,718 (+26%) from 2013

Expenses

Up

$705,313

Up $30,993 (+4.6%) from 2013

Net Income

Up

$111,911

Up $139,725 (+502%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,036,776Liabilities 2011: $328,524Net Assets 2011: $1,708,2522011Assets 2012: $1,929,550Liabilities 2012: $288,147Net Assets 2012: $1,641,4032012Assets 2013: $1,979,362Liabilities 2013: $310,247Net Assets 2013: $1,669,1152013Assets 2014: $2,033,615Liabilities 2014: $290,662Net Assets 2014: $1,742,9532014Assets 2015: $2,145,748Liabilities 2015: $292,036Net Assets 2015: $1,853,7122015Assets 2016: $2,388,249Liabilities 2016: $371,220Net Assets 2016: $2,017,0292016Assets 2017: $2,507,716Liabilities 2017: $394,376Net Assets 2017: $2,113,3402017Assets 2018: $2,723,574Liabilities 2018: $434,436Net Assets 2018: $2,289,1382018Assets 2019: $3,228,064Liabilities 2019: $502,950Net Assets 2019: $2,725,1142019Assets 2020: $3,751,359Liabilities 2020: $613,054Net Assets 2020: $3,138,3052020Assets 2021: $4,373,066Liabilities 2021: $665,395Net Assets 2021: $3,707,6712021Assets 2022: $4,777,179Liabilities 2022: $708,757Net Assets 2022: $4,068,4222022Assets 2023: $5,720,635Liabilities 2023: $1,457,070Net Assets 2023: $4,263,5652023Assets 2024: $5,582,882Liabilities 2024: $762,635Net Assets 2024: $4,820,2472024

Highlighted filing

2014

Assets$2,033,615
Liabilities$290,662
Net Assets$1,742,953

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $703,9012011Expenses 2012: $703,7692012Revenue 2013: $646,506Expenses 2013: $674,320Net Income 2013: -$27,8142013Revenue 2014: $817,224Expenses 2014: $705,313Net Income 2014: $111,9112014Revenue 2015: $790,930Expenses 2015: $639,821Net Income 2015: $151,1092015Revenue 2016: $858,868Expenses 2016: $723,443Net Income 2016: $135,4252016Revenue 2017: $975,785Expenses 2017: $922,449Net Income 2017: $53,3362017Revenue 2018: $1,119,966Expenses 2018: $895,604Net Income 2018: $224,3622018Revenue 2019: $1,289,364Expenses 2019: $931,694Net Income 2019: $357,6702019Revenue 2020: $1,291,949Expenses 2020: $900,911Net Income 2020: $391,0382020Revenue 2021: $1,523,608Expenses 2021: $999,402Net Income 2021: $524,2062021Revenue 2022: $1,498,613Expenses 2022: $1,038,198Net Income 2022: $460,4152022Revenue 2023: $1,513,349Expenses 2023: $1,427,301Net Income 2023: $86,0482023Revenue 2024: $2,015,423Expenses 2024: $1,462,821Net Income 2024: $552,6022024

Highlighted filing

2014

Revenue$817,224
Expenses$705,313
Net Income$111,911
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 28, 2015
Return Version
2014v5.0
Gross Receipts
$1,556,018
Mission and Program Overview

Mission

To be the leading resource for real estate professionals, to advocate for private property rights and to be an integral part of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,220,054$1,189,640▼ $30,414
Land, Buildings, and Equipment, Net$463,393$485,567▲ $22,174
Investments Other Securities$221,182$281,557▲ $60,375
Accounts Receivable$64,945$68,796▲ $3,851
Inventories for Sale or Use$3,800$5,282▲ $1,482
Prepaid Expenses and Deferred Charges$3,356$2,573▼ $783
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$1,979,362$2,033,615▲ $54,253
Other Assets Total$2,432--
Liabilities
Accounts Payable and Accrued Expenses$233,549$190,783▼ $42,766
Deferred Revenue$70,202$68,637▼ $1,565
Other Liabilities$6,496$31,242▲ $24,746
Total Liabilities$310,247$290,662▼ $19,585
Net Assets / Fund Balance
Unrestricted Net Assets$1,657,033$1,729,000▲ $71,967
Temporarily Rstr Net Assets$12,082$13,953▲ $1,871
Total Net Assets Fund Balance$1,669,115$1,742,953▲ $73,838
Total Liabilities and Net Assets / Fund Balance$1,979,362$2,033,615▲ $54,253

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$410,157$282,868$693,025
Other Land Buildings$55,410$197,927$253,337
Land$20,000-$20,000
Closely Held Equity Interests$281,557--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn CobbChief StaffFT$83,042$9,237$92,279

Board Members and Trustees

NameTitle
Mike LeamonMls Chair
Phil PriceRca Chair
Curtis LeonardPresident
Stephen LongPresident El
Angela KalamarasDirector
Blake GintherDirector
Gray HarperDirector
Jimmy BarrettDirector
Kristen BodfordDirector
Rick EppersonDirector
Thomas MaierDirector
Wendy ButlerDirector
Kristina FarrellImmed Past P
Pat MessickPmd Presiden
Brad HunterSecretary-tr
Revenue and Support

Revenue Composition

Contributions and Grants
$31,750
Program Service Revenue
$307,530
Investment Income
$56,277
Other Revenue
$421,667
All Other Contributions
$31,750
Change in Net Assets
$111,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$392,830
Other Expenses$312,483
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$230,974--$230,974
Current Officers, Directors, Trustees, and Key Employees$92,279--$92,279
Office Expenses$46,412--$46,412
Depreciation Depletion$9,874$26,477-$36,351
Other Employee Benefits$34,464--$34,464
Fees for Services Other-$31,394-$31,394
Conferences and Meetings$26,610--$26,610
Payroll Taxes$26,154--$26,154
Other Expenses$24,279--$24,279
Occupancy$20,063--$20,063
All Other Expenses$16,880--$16,880
Fees for Services Accounting-$9,152-$9,152
Pension Plan Contributions$8,959--$8,959
Travel-$6,315-$6,315
Fees for Service Investment Mgmnt Fees-$3,304-$3,304
Insurance$2,799--$2,799
Interest$1,441--$1,441
Information Technology$764--$764
Fees for Services Legal$206$30-$236
Total Functional Expenses$628,641$76,672$0$705,313
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
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation - Copier$24,076
Current Portion of Capital Lease$7,166
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is a membership organization.

Form 990, Page 6, Part VI, Line 7A

Members elect the board of directors

Form 990, Page 6, Part VI, Line 7B

Members approve the dues for designated realtor members and any amendments to the bylaws

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

The staff works with the cpa firm which prepares the form 990. The staff reviews the form 990.

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

The board signs a conflict of interest policy at the beginning of each year.

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

The administrative committee determines compensation for the chief staff executive.

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

Chief staff executive makes recommendations to the administrative committee

Form 990, Page 6, Part VI, Line 19

The organization makes all its documents available upon specific request

Filing and Contact Details

Filer

Filer Name
Winston-salem Regional Association
EIN
56-0841677
Phone
3367685560
Address
195 EXECUTIVE PARK BOULEVARD, WINSTONSALEM, NC 27103-1525

Signing Officer

Name
Tracy Roberts
Title
Interim Association Executive
Phone
3367685560
Signed
2015-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Roberts
Formed
1928
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
181

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Thomas M Borden
Phone
3367250635
Supplemental Narrative

Additional Explanations

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

Winston-salem property management association serves to promulgate and promote professional standards and cooperation between professional property managers and owners.

Form 990, Part XI, Line 9

Disallowed wash sale loss 41

Financial Statement Notes

Schedule D, Page 3, Part X

The association is exempt from federal income taxes under section 50l(c)(6) of the internal revenue code, except on net income derived from unrelated business activities. The association believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The association's federal and state tax returns for 2011, 2012, and 2013 are subject to examination by the taxing authorities, generally for three years after they were filed.

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IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt014075
IRS990/GainOrLossGrp/SecuritiesAmt026635
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt014414
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0210561
IRS990/GrossReceiptsAmt01556018
IRS990/GrossRentsGrp/RealAmt01700
IRS990/GrossSalesOfInventoryAmt0814423
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0764
IRS990/InformationTechnologyGrp/TotalAmt0764
IRS990/InsuranceGrp/ProgramServicesAmt02799
IRS990/InsuranceGrp/TotalAmt02799
IRS990/InterestGrp/ProgramServicesAmt01441
IRS990/InterestGrp/TotalAmt01441
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03800
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05282
IRS990/InvestmentIncomeGrp/ExclusionAmt015567
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015567
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0221182
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0281557
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0480795
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0463393
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0485567
IRS990/LandBldgEquipCostOrOtherBssAmt0966362
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0339
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0183926
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt010448
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt027042
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt016594
IRS990/MissionDesc0TO BE THE LEADING RESOURCE FOR REAL ESTATE PROFESSIONALS, TO ADVOCATE FOR PRIVATE PROPERTY RIGHTS AND TO BE AN INTEGRAL PART OF THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01669115
IRS990/NetAssetsOrFundBalancesEOYAmt01742953
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt041049
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-339
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt040710
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0259894
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0259894
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01700
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01700
IRS990/NetUnrlzdGainsLossesInvstAmt0-38032
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt020063
IRS990/OccupancyGrp/TotalAmt020063
IRS990/OfficeExpensesGrp/ProgramServicesAmt046412
IRS990/OfficeExpensesGrp/TotalAmt046412
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02432
IRS990/OtherChangesInNetAssetsAmt0-41
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034464
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034464
IRS990/OtherExpensesGrp/Desc0CONTINUING EDUCATION
IRS990/OtherExpensesGrp/Desc1DINNER & SOCIALS
IRS990/OtherExpensesGrp/Desc2KARNES USER FEES
IRS990/OtherExpensesGrp/Desc3SPONSORSHIP EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt033577
IRS990/OtherExpensesGrp/ProgramServicesAmt127906
IRS990/OtherExpensesGrp/ProgramServicesAmt225000
IRS990/OtherExpensesGrp/ProgramServicesAmt324279
IRS990/OtherExpensesGrp/TotalAmt033577
IRS990/OtherExpensesGrp/TotalAmt127906
IRS990/OtherExpensesGrp/TotalAmt225000
IRS990/OtherExpensesGrp/TotalAmt324279
IRS990/OtherLiabilitiesGrp/BOYAmt06496
IRS990/OtherLiabilitiesGrp/EOYAmt031242
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0TRIAD MLS INVESTMENT
IRS990/OtherRevenueMiscGrp/Desc1C ONTINUING EDUCATION
IRS990/OtherRevenueMiscGrp/Desc2USER FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt060376
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt142595
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt230060
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt060376
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt142595
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt230060
IRS990/OtherRevenueTotalAmt0160073
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0230974
IRS990/OtherSalariesAndWagesGrp/TotalAmt0230974
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt026154
IRS990/PayrollTaxesGrp/TotalAmt026154
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08959
IRS990/PensionPlanContributionsGrp/TotalAmt08959
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03356
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02573
IRS990/PrincipalOfficerNm0TRACY ROBERTS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0307530
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0307530
IRS990/ProgSrvcAccomActy2Grp/Desc0WINSTON-SALEM REGIONAL REALTORS & COMMERCIAL ALLIANCE (RCA) SERVES TO UNITE MEMBERS WHO ARE ENGAGED IN THE BUYING, SELLING, LEASING, AND APPRAISING OF COMMERCIAL, INDUSTRIAL AND INVESTMENT REAL ESTATE FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON MATTERS AFFECTING THE BUYING, SELLING AND LEASING OF COMMERCIAL/INDUSTRIAL REAL ESTATE. THE RCA SERVES TO PROVIDE MEETINGS IN WHICH MEMBERS WILL HAVE THE OPPORTUNITY OF EXCHANGING VIEWS, INFORMATION AND GENERAL KNOWLEDGE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036887
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt047910
IRS990/ProgSrvcAccomActy3Grp/Desc0WINSTON-SALEM REGIONAL MULTIPLE LISTING SERVICE PROVIDES PARTICIPANTS WITH A MEANS OF MAKING BLANKET UNILATERAL OFFERS OF COMPENSATION TO OTHER PARTICIPANTS; BY WHICH COOPERATION AMONG PARTICIPANTS IS ENHANCED; BY WHICH INFORMATION IS ACCUMULATED AND DISSEMINATED TO ENABLE AUTHORIZED PARTICIPANTS TO PREPARE APPRAISALS, ANALYSIS, AND OTHER VALUATIONS OF REAL PROPERTY FOR BONAFIDE CLIENTS AND CUSTOMERS; BY WHICH PARTICIPANTS ENGAGING IN REAL ESTATE APPRAISALS CONTRIBUTE TO COMMON DATABASES, AND IS A FACILITY FOR THE ORDERLY CORRELATION AND DISSEMINATION OF LISTING INFORMATION SO PARTICIPANTS MAY BETTER SERVE THEIR CLIENTS AND THE PUBLIC. ENTITLEMENT TO COMPENSATION IS DETERMINED BY THE COOPERATING BROKER'S PERFORMANCE AS PROCURING CAUSE OF THE SALE (OR LEASE).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06313
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt016800
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WINSTON-SALEM PROPERTY MANAGEMENT ASSOCIATION SERVES TO PROMULGATE AND PROMOTE PROFESSIONAL STANDARDS AND COOPERATION BETWEEN PROFESSIONAL PROPERTY MANAGERS AND OWNERS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0574
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt06350
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt028600
IRS990/PYInvestmentIncomeAmt025112
IRS990/PYOtherExpensesAmt0283691
IRS990/PYOtherRevenueAmt0294006
IRS990/PYProgramServiceRevenueAmt0298788
IRS990/PYRevenuesLessExpensesAmt0-27814
IRS990/PYSalariesCompEmpBnftPaidAmt0390629
IRS990/PYTotalExpensesAmt0674320
IRS990/PYTotalRevenueAmt0646506
IRS990/ReconcilationRevenueExpnssAmt0111911
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01700
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0332532
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01220054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01189640
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0410157
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0282868
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0693025
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0281557
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0F
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055410
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0197927
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0253337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024076
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE OBLIGATION - COPIER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF CAPITAL LEASE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 50L(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION'S FEDERAL AND STATE TAX RETURNS FOR 2011, 2012, AND 2013 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0485567
IRS990ScheduleD/TotalBookValueSecuritiesAmt0281557
IRS990ScheduleD/TotalLiabilityAmt031242
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WINSTON-SALEM PROPERTY MANAGEMENT ASSOCIATION SERVES TO PROMULGATE AND PROMOTE PROFESSIONAL STANDARDS AND COOPERATION BETWEEN PROFESSIONAL PROPERTY MANAGERS AND OWNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS APPROVE THE DUES FOR DESIGNATED REALTOR MEMBERS AND ANY AMENDMENTS TO THE BYLAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE STAFF WORKS WITH THE CPA FIRM WHICH PREPARES THE FORM 990. THE STAFF REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD SIGNS A CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ADMINISTRATIVE COMMITTEE DETERMINES COMPENSATION FOR THE CHIEF STAFF EXECUTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHIEF STAFF EXECUTIVE MAKES RECOMMENDATIONS TO THE ADMINISTRATIVE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION MAKES ALL ITS DOCUMENTS AVAILABLE UPON SPECIFIC REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DISALLOWED WASH SALE LOSS 41
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.76$4.82$2.02$1.46$0.55
2023Detailed filing. Detailed filing data is available for this year.$5.72$1.46$4.26$1.51$1.43$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.78$0.71$4.07$1.50$1.04$0.46
2021Detailed filing. Detailed filing data is available for this year.$4.37$0.67$3.71$1.52$1.00$0.52
2020Detailed filing. Detailed filing data is available for this year.$3.75$0.61$3.14$1.29$0.90$0.39
2019Detailed filing. Detailed filing data is available for this year.$3.23$0.50$2.73$1.29$0.93$0.36
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.43$2.29$1.12$0.90$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.39$2.11$0.98$0.92$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.37$2.02$0.86$0.72$0.14
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.29$1.85$0.79$0.64$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.29$1.74$0.82$0.71$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.98$0.31$1.67$0.65$0.67$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.29$1.64$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.33$1.71$0.70