Civic Intelligence

Greater Nashville Association of Realtors Inc

EIN 62-0431284 • 501(c)6 • Nashville, TN

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Profile

Promotes the highest standard of ethics and professionalism in the practice of real estate and is the advocate for private property rights and the interests of realtors and the communities we serve.

4540 Trousdale DriveNashville, TN 37204

www.greaternashvillerealtors.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.23x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.74x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

84th percentile

22%

Higher net margin than 84% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$301,965

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

81st percentile

16%

Faster asset growth than 81% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

7.4%

Faster revenue growth than 55% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$13,869,046

Up $1,906,863 (+16%) from 2023

Liabilities

Up

$3,127,973

Up $828,434 (+36%) from 2023

Net Assets

Up

$10,741,073

Up $1,078,429 (+11%) from 2023

Operations
Liabilities / Revenue79th percentileNet Margin84th percentile

Revenue

Up

$4,214,018

Up $291,291 (+7.4%) from 2023

Expenses

Down

$3,288,085

Down $2,255 (-0.1%) from 2023

Net Income

Up

$925,933

Up $293,546 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $7,107,184Liabilities 2011: $1,024,797Net Assets 2011: $6,082,3872011Assets 2012: $7,053,981Liabilities 2012: $980,732Net Assets 2012: $6,073,2492012Assets 2013: $7,008,918Liabilities 2013: $1,104,412Net Assets 2013: $5,904,5062013Assets 2014: $7,089,248Liabilities 2014: $1,129,038Net Assets 2014: $5,960,2102014Assets 2015: $7,274,481Liabilities 2015: $1,267,910Net Assets 2015: $6,006,5712015Assets 2016: $7,531,596Liabilities 2016: $1,327,142Net Assets 2016: $6,204,4542016Assets 2017: $7,871,026Liabilities 2017: $1,509,054Net Assets 2017: $6,361,9722017Assets 2018: $8,379,362Liabilities 2018: $1,492,752Net Assets 2018: $6,886,6102018Assets 2019: $9,043,678Liabilities 2019: $1,656,669Net Assets 2019: $7,387,0092019Assets 2020: $9,935,192Liabilities 2020: $1,675,525Net Assets 2020: $8,259,6672020Assets 2021: $10,673,935Liabilities 2021: $1,923,537Net Assets 2021: $8,750,3982021Assets 2022: $10,724,990Liabilities 2022: $1,902,238Net Assets 2022: $8,822,7522022Assets 2023: $11,962,183Liabilities 2023: $2,299,539Net Assets 2023: $9,662,6442023Assets 2024: $13,869,046Liabilities 2024: $3,127,973Net Assets 2024: $10,741,0732024

Highlighted filing

2024

Assets$13,869,046
Liabilities$3,127,973
Net Assets$10,741,073
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,365,716Expenses 2011: $1,327,535Net Income 2011: $38,1812011Revenue 2012: $1,316,196Expenses 2012: $1,336,095Net Income 2012: -$19,8992012Revenue 2013: $1,289,774Expenses 2013: $1,468,702Net Income 2013: -$178,9282013Revenue 2014: $1,543,691Expenses 2014: $1,486,186Net Income 2014: $57,5052014Revenue 2015: $1,603,453Expenses 2015: $1,562,634Net Income 2015: $40,8192015Revenue 2016: $1,884,873Expenses 2016: $1,715,610Net Income 2016: $169,2632016Revenue 2017: $1,990,534Expenses 2017: $1,823,459Net Income 2017: $167,0752017Revenue 2018: $2,360,200Expenses 2018: $1,843,117Net Income 2018: $517,0832018Revenue 2019: $2,488,279Expenses 2019: $2,014,607Net Income 2019: $473,6722019Revenue 2020: $2,582,276Expenses 2020: $1,729,169Net Income 2020: $853,1072020Revenue 2021: $2,777,833Expenses 2021: $2,253,585Net Income 2021: $524,2482021Revenue 2022: $3,177,108Expenses 2022: $3,127,137Net Income 2022: $49,9712022Revenue 2023: $3,922,727Expenses 2023: $3,290,340Net Income 2023: $632,3872023Revenue 2024: $4,214,018Expenses 2024: $3,288,085Net Income 2024: $925,9332024

Highlighted filing

2024

Revenue$4,214,018
Expenses$3,288,085
Net Income$925,933
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,869,046
Liabilities
$3,127,973
Net assets
$10,741,073
Revenue
$4,214,018
Expenses
$3,288,085
Net income
$925,933
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.9$3.13$10.7$4.21$3.29$0.93
2023Detailed filing. Detailed filing data is available for this year.$12.0$2.30$9.66$3.92$3.29$0.63
2022Detailed filing. Detailed filing data is available for this year.$10.7$1.90$8.82$3.18$3.13$0.05
2021Detailed filing. Detailed filing data is available for this year.$10.7$1.92$8.75$2.78$2.25$0.52
2020Detailed filing. Detailed filing data is available for this year.$9.94$1.68$8.26$2.58$1.73$0.85
2019Detailed filing. Detailed filing data is available for this year.$9.04$1.66$7.39$2.49$2.01$0.47
2018Detailed filing. Detailed filing data is available for this year.$8.38$1.49$6.89$2.36$1.84$0.52
2017Detailed filing. Detailed filing data is available for this year.$7.87$1.51$6.36$1.99$1.82$0.17
2016Detailed filing. Detailed filing data is available for this year.$7.53$1.33$6.20$1.88$1.72$0.17
2015Detailed filing. Detailed filing data is available for this year.$7.27$1.27$6.01$1.60$1.56$0.04
2014Detailed filing. Detailed filing data is available for this year.$7.09$1.13$5.96$1.54$1.49$0.06
2013Summary only. Only limited summary data is available for this year.$7.01$1.10$5.90$1.29$1.47$0.18
2012Summary only. Only limited summary data is available for this year.$7.05$0.98$6.07$1.32$1.34$0.02
2011Summary only. Only limited summary data is available for this year.$7.11$1.02$6.08$1.37$1.33$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.1
Gross Receipts
$4,238,690
Mission and Program Overview

Mission

To provide real estate professionals a structured organization that works toward uniting members to exert a beneficial influence on the profession and to promote and maintain high standards of professional conduct.

Promotes the highest standard of ethics and professionalism in the practice of real estate and is the advocate for private property rights and the interests of realtors and the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,057,160$5,689,447▲ $632,287
Cash and Non-Interest-Bearing Accounts$2,253,306$2,432,317▲ $179,011
Investments in Publicly Traded Securities$1,794,473$2,296,012▲ $501,539
Accounts Receivable$760,903$1,483,948▲ $723,045
Land, Buildings, and Equipment, Net$104,158$99,742▼ $4,416
Prepaid Expenses and Deferred Charges$35,186$27,032▼ $8,154
Total Assets$11,962,183$13,869,046▲ $1,906,863
Other Assets Total$1,956,997$1,840,548▼ $116,449
Liabilities
Other Liabilities$397,372$1,596,699▲ $1,199,327
Deferred Revenue$1,870,393$1,486,163▼ $384,230
Accounts Payable and Accrued Expenses$31,774$45,111▲ $13,337
Total Liabilities$2,299,539$3,127,973▲ $828,434
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,308,107$10,426,766▲ $1,118,659
Net Assets With Donor Restrictions$354,537$314,307▼ $40,230
Total Net Assets Fund Balance$9,662,644$10,741,073▲ $1,078,429
Total Liabilities and Net Assets / Fund Balance$11,962,183$13,869,046▲ $1,906,863

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$99,742$211,561$311,303
Other Assets Org$1,840,548--
Other Securities$5,689,447--
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jarron SpringerChief Executive OfficerFT$246,240$55,725$301,965
Lonnie HaberControllerFT$122,900$6,429$129,329
Ryan AdcockGovernment Affairs DirectorFT$106,980$9,913$116,893

Board Members and Trustees

NameTitle
Brad CopelandPast President
Kevin WilsonPresident
Tara D StephensPresident Elect
Denise MooreVice President
Adam MyersDirector
Amanda CristDirector
Eric WyseDirector
Eva a RomeroDirector
Grant HammondDirector
Jazmyn BethelDirector
John DotsonDirector
Josh StimpsonDirector
Maria Creecy KempDirector
Sammie RemingtonDirector
Staci ColemanDirector
Steve JollyDirector
Von RichcreekDirector
Zach OpheimDirector
Collyn WainwrightSecretarytreasurer
Jack GaughanVice Presdient
Revenue and Support

Revenue Composition

Contributions and Grants
$298,334
Program Service Revenue
$2,863,923
Investment Income
$25,765
Other Revenue
$1,025,996
All Other Contributions
$298,334
Change in Net Assets
$925,933

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,214,018
Revenue Not Reported on Form 990
$177,167
Total Revenue per Audited Statements
$4,391,185
Total Revenue per Form 990
$4,214,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,635,598
Salaries, Compensation, and Employee Benefits$1,524,185
Grants and Similar Amounts Paid$128,302
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$865,817$371,064-$1,236,881
Conferences and Meetings$414,647$103,662-$518,309
Current Officers, Directors, Trustees, and Key Employees$172,368$73,872-$246,240
All Other Expenses$121,209$88,151-$209,360
Occupancy$131,058$66,346-$197,404
Insurance$23,779$95,118-$118,897
Grants to Domestic Orgs$118,302--$118,302
Travel$58,814$25,206-$84,020
Other Employee Benefits$28,745$12,319-$41,064
Information Technology$23,828$15,885-$39,713
Fees for Services Legal$19,026$12,684-$31,710
Depreciation Depletion$7,659$22,976-$30,635
Fees for Services Other$12,417$8,278-$20,695
Other Expenses$15,898$2,805-$18,703
Fees for Service Investment Mgmnt Fees$10,490$6,993-$17,483
Fees for Services Accounting$6,120$4,080-$10,200
Grants to Domestic Individuals$10,000--$10,000
Office Expenses$3,493$5,240-$8,733
Advertising$3,000$750-$3,750
Total Functional Expenses$2,190,771$1,097,314$0$3,288,085

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,312,757
Expenses per Audited Statements$3,288,085
Total Expenses per Form 990$3,288,085
Expenses Not Reported on Form 990$24,672
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Habitat for HumanityNashville, TN501c3Home Building$87,402
Tennessee Association of RealtorsNashville, TN501c6-$15,000
National Association of RealtorsChicago, IL501c6-$9,900
Nashville Area Chamber of CommerceNashville, TN501c6-$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,672
Fundraising Gross Income$24,672
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney$24,672$24,672$24,672$0
Total Events$24,672$24,672$24,672-
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
Nar Payable$999,609
Tar Payable$597,090
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Member election for additional members Part VI line 7A

“Line 7a explanation - association realtor members can elect board members.”

Governing body decisions Part VI line 7B

“Line 7b explanation - the board of directors vote on approval of association by-laws changes.”

Form 990 governing body review Part VI line 11

“Line 11 explanation - form 990 is reviewed by gnars ceo and accounting manager before filing.”

Conflict of interest policy compliance Part VI line 12C

“The board of directors for gnar handle any conflicts of interest on a case by case basis.”

CEO executive director top management comp Part VI line 15A

“Compensation process for top official compensation is determined using comparable salary research and legal counsel. After these steps are completed, the salaries are approved by the finance committee: president, president-elect and treasurer.”

Governing documents etc available to public Part VI line 19

“Documents, policies, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Nashville Association of Realtors Inc
EIN
62-0431284
In Care Of
% JARRON SPRINGER
Phone
6152547516
Address
4540 TROUSDALE DRIVE, NASHVILLE, TN 37204
Doing Business As
Greater Nashville Realtors

Signing Officer

Name
Jarron Springer
Title
CEO
Phone
6152547516
Signed
2025-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jarron Springer
Formed
1891
Legal Domicile
Tn
Voting Board Members
20
Independent Board Members
20
Employees
18
Volunteers
19

Preparer

Firm
Bellenfant Pllc
Address
2919 BERRY HILL DR, NASHVILLE, TN 37204
Preparer
John Bellenfant CPA
Phone
6153708700
Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990, part i, line 1, description of organization mission:practice of real estate and is the advocate for private property rightsand the interests of realtors and the communities we serve.”

Financial Statement Notes

Part XI, Line 2D-Other revenue included on Sch D but not on 990

“Golf event expense - $24,672”

Part XII, Line 2D-Other expenses included on Sch D but not on 990

“Golf event expense - $24,672”

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

“The organization has evaluated its tax positions in accordance with the codification standard relating to accounting for uncertainty in income taxes. The organization believes that it has taken no uncertain tax positions.”

Raw XML AppendixShowing 400 of 662 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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