Civic Intelligence

Northwest Louisiana Association of Realtors

990 • Fiscal year 2017 • EIN 72-0453576

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

Organization ProfileWWW.NWLAR.ORG
2036 E 70thShreveport, LA 71105

(318) 797-0054

Siviq Scores

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

Liabilities / Assets

47th percentile

0.16x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.38x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

44th percentile

2.4%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$101,695

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

39th percentile

2.1%

Faster asset growth than 39% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

4.7%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,766,926

Up $36,681 (+2.1%) from 2016

Net Assets

Up

$1,490,751

Up $32,854 (+2.3%) from 2016

Liabilities

Up

$276,175

Up $3,827 (+1.4%) from 2016

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin44th percentile

Revenue

Up

$735,815

Up $33,042 (+4.7%) from 2016

Expenses

Up

$718,482

Up $11,962 (+1.7%) from 2016

Net Income

Up

$17,333

Up $21,080 (+563%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,658,731Liabilities 2010: $349,215Net Assets 2010: $1,309,5162010Assets 2011: $1,730,053Liabilities 2011: $342,559Net Assets 2011: $1,387,4942011Assets 2012: $1,657,583Liabilities 2012: $300,033Net Assets 2012: $1,357,5502012Assets 2013: $1,657,302Liabilities 2013: $281,819Net Assets 2013: $1,375,4832013Assets 2014: $1,720,267Liabilities 2014: $284,944Net Assets 2014: $1,435,3232014Assets 2015: $1,762,022Liabilities 2015: $291,598Net Assets 2015: $1,470,4242015Assets 2016: $1,730,245Liabilities 2016: $272,348Net Assets 2016: $1,457,8972016Assets 2017: $1,766,926Liabilities 2017: $276,175Net Assets 2017: $1,490,7512017Assets 2018: $1,604,563Liabilities 2018: $245,424Net Assets 2018: $1,359,1392018Assets 2019: $1,578,856Liabilities 2019: $300,713Net Assets 2019: $1,278,1432019Assets 2020: $1,481,869Liabilities 2020: $270,168Net Assets 2020: $1,211,7012020Assets 2021: $1,461,654Liabilities 2021: $268,279Net Assets 2021: $1,193,3752021Assets 2022: $1,503,068Liabilities 2022: $296,724Net Assets 2022: $1,206,3442022Assets 2024: $1,419,104Liabilities 2024: $278,168Net Assets 2024: $1,140,9362024

Highlighted filing

2017

Assets$1,766,926
Liabilities$276,175
Net Assets$1,490,751
Open 2017 Filing

Operations Trend

Revenue Growth54th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $550,432Expenses 2010: $535,706Net Income 2010: $14,7262010Revenue 2011: $554,669Expenses 2011: $518,547Net Income 2011: $36,1222011Revenue 2012: $536,181Expenses 2012: $566,403Net Income 2012: -$30,2222012Revenue 2013: $600,666Expenses 2013: $605,630Net Income 2013: -$4,9642013Revenue 2014: $710,673Expenses 2014: $687,649Net Income 2014: $23,0242014Revenue 2015: $698,591Expenses 2015: $688,869Net Income 2015: $9,7222015Revenue 2016: $702,773Expenses 2016: $706,520Net Income 2016: -$3,7472016Revenue 2017: $735,815Expenses 2017: $718,482Net Income 2017: $17,3332017Revenue 2018: $693,513Expenses 2018: $742,319Net Income 2018: -$48,8062018Revenue 2019: $659,583Expenses 2019: $737,141Net Income 2019: -$77,5582019Revenue 2020: $671,620Expenses 2020: $700,906Net Income 2020: -$29,2862020Revenue 2021: $612,305Expenses 2021: $711,609Net Income 2021: -$99,3042021Revenue 2022: $712,536Expenses 2022: $777,392Net Income 2022: -$64,8562022Revenue 2024: $785,421Expenses 2024: $787,654Net Income 2024: -$2,2332024

Highlighted filing

2017

Revenue$735,815
Expenses$718,482
Net Income$17,333
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$771,635
Mission and Program Overview

Mission

Nwlar is the leading provider of services and products to enhance the performance, professionalism and profitability of its members and the local advocate for private property rights.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$484,072$784,689▲ $300,617
Investments Other Securities$763,430$527,576▼ $235,854
Land, Buildings, and Equipment, Net$464,873$438,565▼ $26,308
Accounts Receivable$7,175$15,971▲ $8,796
Total Assets$1,730,245$1,766,926▲ $36,681
Other Assets Total$10,695$125▼ $10,570
Liabilities
Deferred Revenue$244,791$273,211▲ $28,420
Other Liabilities$18,255$0▼ $18,255
Accounts Payable and Accrued Expenses$9,302$2,964▼ $6,338
Total Liabilities$272,348$276,175▲ $3,827
Net Assets / Fund Balance
Unrestricted Net Assets$1,439,228$1,469,279▲ $30,051
Temporarily Rstr Net Assets$18,669$21,472▲ $2,803
Total Net Assets Fund Balance$1,457,897$1,490,751▲ $32,854
Total Liabilities and Net Assets / Fund Balance$1,730,245$1,766,926▲ $36,681

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$322,643$445,215$767,858
Equipment$16,455$169,724$186,179
Land$99,467-$99,467
Other Securities$3,745--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
D Scott HughesAssociation ExecutiveFT$101,695$101,695

Board Members and Trustees

NameTitle
Cindy DyerPast President
Karen BakerPresident
Laurel BrightwellPresident-elect
Ben WalkerDirector
Chris HayesDirector
Harold GrantDirector
Joyce JeffreyDirector
Matt SnyderDirector
Roger RadcliffDirector
Sarah DrysdaleDirector
Scott FriestadDirector
Tahira Abdul-rahmanDirector
Theresa MillerDirector
Travis HargaveDirector
Tressie BuckhaulterDirector
Walt GaskinsDirector
Barbara TriceMls Representative
Kris DarwinSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,317
Program Service Revenue
$447,934
Investment Income
$137
Other Revenue
$51,427
Change in Net Assets
$17,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$390,209
Other Expenses$324,158
Grants and Similar Amounts Paid$4,115
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$229,717
Current Officers, Directors, Trustees, and Key Employees---$98,845
Travel---$47,033
Fees for Services Accounting---$43,955
Information Technology---$33,298
Other Employee Benefits---$27,291
Depreciation Depletion---$26,308
Payroll Taxes---$25,635
Insurance---$10,736
Office Expenses---$10,441
Fees for Services Legal---$9,478
All Other Expenses---$9,132
Pension Plan Contributions---$8,721
Other Expenses---$7,987
Grants to Domestic Orgs---$4,115
Total Functional Expenses$0$0$0$718,482
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

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$2,009
Total Nondeductible Lobbying and Political Cost$2,009
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The members of the organization are licensed realtors in northwest louisiana.”

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

“The membership annually elects the officers and directors for the association.”

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

“A copy of the form 990 is provided to the executive committee to review and then it is sent to the board of directors for review prior to filing with the irs.”

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

“Each officer and director signs the conflict of interest policy at the beginning of each year. The policy is then referenced at the beginning of each board of directors meeting and each director acknowledges their awareness of the policy in writing.”

Form 990, Part VI, Section B, Line 15

“The budget committee reviews annual payroll and the association executive's compensation and makes a recommendation to the board of directors.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 1024, form 990, and form 990-t available for public inspection upon request.”

Form 990, Part VI, Section C, Line 19

“Copies of the governing documents, conflict of interest policy and financial statements are kept in a binder in the association's office and may be reviewed at any time. The association's bylaws, mls rules, code of ethics, and policies are included on the association's website and are provided to all new members and to other members on request.”

Filing and Contact Details

Filer

Filer Name
Northwest Louisiana Association
EIN
72-0453576
Phone
3187970054
Address
2036 E 70TH, SHREVEPORT, LA 71105

Signing Officer

Name
Scott Hughes
Title
Executive Director
Phone
3187970054
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Hughes
Formed
1916
Legal Domicile
La
Voting Board Members
18
Independent Board Members
18
Employees
7
Volunteers
500

Preparer

Firm
Heard Mcelroy & Vestal LLC
Address
333 TEXAS STREET SUITE 1525, SHREVEPORT, LA 71101
Preparer
Aimee P Mcfarland
Phone
3184291525
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in equity in income from investments 15,521.”

Form 990, Part XI, Line 2C

“The board of directors assumes responsibility for oversight of the audit of its financial statements.”

Financial Statement Notes

PART X, LINE 2:

“As required by u.s. Accounting standards, the association and its subsidiaries have reviewed various tax positions that have been taken in their tax filings and have determined that they do not have any tax positions that they consider to be uncertain. The association and its subsidiaries do not expect these positions to change significantly over the next twelve months. The association and its subsidiaries are required to accrue potential interest and penalties for any uncertain tax positions; however, no such accruals were considered necessary as of december 31, 2017 and 2016. The association and its subsidiaries file federal income tax returns, as well as louisiana state returns. Federal and state income tax returns filed for the tax years 2014 and beyond remain subject to examination by the internal revenue service and the louisiana department of revenue.”

Raw XML AppendixShowing 400 of 568 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/GrantsToDomesticOrgsGrp/TotalAmt04115
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0771635
IRS990/GrossRentsGrp/RealAmt062000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt033298
IRS990/InsuranceGrp/TotalAmt010736
IRS990/InvestmentIncomeGrp/ExclusionAmt0137
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0137
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0763430
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0527576
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0614939
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0464873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0438565
IRS990/LandBldgEquipCostOrOtherBssAmt01053504
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt035820
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0236317
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NWLAR IS THE LEADING PROVIDER OF SERVICES AND PRODUCTS TO ENHANCE THE PERFORMANCE, PROFESSIONALISM AND PROFITABILITY OF ITS MEMBERS AND THE LOCAL ADVOCATE FOR PRIVATE PROPERTY RIGHTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01457897
IRS990/NetAssetsOrFundBalancesEOYAmt01490751
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0844
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt026180
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt025336
IRS990/NetUnrelatedBusTxblIncmAmt0225
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt010441
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010695
IRS990/OtherAssetsTotalGrp/EOYAmt0125
IRS990/OtherChangesInNetAssetsAmt015521
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027291
IRS990/OtherExpensesGrp/Desc0COMMITTEE/BOARD EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER ADMINISTRATIVE EX
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3ZIPFORMS
IRS990/OtherExpensesGrp/TotalAmt072367
IRS990/OtherExpensesGrp/TotalAmt140837
IRS990/OtherExpensesGrp/TotalAmt212586
IRS990/OtherExpensesGrp/TotalAmt37987
IRS990/OtherLiabilitiesGrp/BOYAmt018255
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/Desc1FINES & LATE FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017897
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17350
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017897
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17350
IRS990/OtherRevenueTotalAmt025247
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229717
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt025635
IRS990/PensionPlanContributionsGrp/TotalAmt08721
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT HUGHES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0MLS MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1NEW MEMBER FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONTINUING ED & SCHOOL
IRS990/ProgramServiceRevenueGrp/Desc3TRANSFER FEES
IRS990/ProgramServiceRevenueGrp/Desc4MEETING & CONFERENCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0406575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27918
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0406575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0231883
IRS990/PYGrantsAndSimilarPaidAmt013073
IRS990/PYInvestmentIncomeAmt0-481
IRS990/PYOtherExpensesAmt0321771
IRS990/PYOtherRevenueAmt042266
IRS990/PYProgramServiceRevenueAmt0429105
IRS990/PYRevenuesLessExpensesAmt0-3747
IRS990/PYSalariesCompEmpBnftPaidAmt0371676
IRS990/PYTotalExpensesAmt0706520
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0702773
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt017333
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt026180
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0484072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0784689
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt02009
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0231767
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt02009
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt02009
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt02009
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0720913962
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0LARPAC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt04639 BENNINGTON AVE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0BATON ROUGE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd070808
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0322643
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0445215
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0767858
IRS990ScheduleD/EquipmentGrp/BookValueAmt016455
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0169724
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0186179
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt099467
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt099467
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0347210
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1147435
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt229186
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt33745
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN MLS, INC.
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN NORTHWEST LA COMMERCIAL INVESTMENT DIVISION, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc2INVESTMENT IN NWLAR FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INVESTMENT IN YPN
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS REQUIRED BY U.S. ACCOUNTING STANDARDS, THE ASSOCIATION AND ITS SUBSIDIARIES HAVE REVIEWED VARIOUS TAX POSITIONS THAT HAVE BEEN TAKEN IN THEIR TAX FILINGS AND HAVE DETERMINED THAT THEY DO NOT HAVE ANY TAX POSITIONS THAT THEY CONSIDER TO BE UNCERTAIN. THE ASSOCIATION AND ITS SUBSIDIARIES DO NOT EXPECT THESE POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ASSOCIATION AND ITS SUBSIDIARIES ARE REQUIRED TO ACCRUE POTENTIAL INTEREST AND PENALTIES FOR ANY UNCERTAIN TAX POSITIONS; HOWEVER, NO SUCH ACCRUALS WERE CONSIDERED NECESSARY AS OF DECEMBER 31, 2017 AND 2016. THE ASSOCIATION AND ITS SUBSIDIARIES FILE FEDERAL INCOME TAX RETURNS, AS WELL AS LOUISIANA STATE RETURNS. FEDERAL AND STATE INCOME TAX RETURNS FILED FOR THE TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE LOUISIANA DEPARTMENT OF REVENUE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0438565
IRS990ScheduleD/TotalBookValueSecuritiesAmt0527576
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE ORGANIZATION ARE LICENSED REALTORS IN NORTHWEST LOUISIANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ANNUALLY ELECTS THE OFFICERS AND DIRECTORS FOR THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE TO REVIEW AND THEN IT IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH OFFICER AND DIRECTOR SIGNS THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH YEAR. THE POLICY IS THEN REFERENCED AT THE BEGINNING OF EACH BOARD OF DIRECTORS MEETING AND EACH DIRECTOR ACKNOWLEDGES THEIR AWARENESS OF THE POLICY IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BUDGET COMMITTEE REVIEWS ANNUAL PAYROLL AND THE ASSOCIATION EXECUTIVE'S COMPENSATION AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS FORM 1024, FORM 990, AND FORM 990-T AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT IN A BINDER IN THE ASSOCIATION'S OFFICE AND MAY BE REVIEWED AT ANY TIME. THE ASSOCIATION'S BYLAWS, MLS RULES, CODE OF ETHICS, AND POLICIES ARE INCLUDED ON THE ASSOCIATION'S WEBSITE AND ARE PROVIDED TO ALL NEW MEMBERS AND TO OTHER MEMBERS ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN EQUITY IN INCOME FROM INVESTMENTS 15,521.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 2C
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,766,926
Liabilities
$276,175
Net assets
$1,490,751
Revenue
$735,815
Expenses
$718,482
Net income
$17,333
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.28$1.14$0.79$0.79$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.30$1.21$0.71$0.78$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.27$1.19$0.61$0.71$0.10
2020Summary only. Only limited summary data is available for this year.$1.48$0.27$1.21$0.67$0.70$0.03
2019Summary only. Only limited summary data is available for this year.$1.58$0.30$1.28$0.66$0.74$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.25$1.36$0.69$0.74$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.77$0.28$1.49$0.74$0.72$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.27$1.46$0.70$0.71$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.29$1.47$0.70$0.69$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.28$1.44$0.71$0.69$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.66$0.28$1.38$0.60$0.61$0.00
2012Summary only. Only limited summary data is available for this year.$1.66$0.30$1.36$0.54$0.57$0.03
2011Summary only. Only limited summary data is available for this year.$1.73$0.34$1.39$0.55$0.52$0.04
2010Summary only. Only limited summary data is available for this year.$1.66$0.35$1.31$0.55$0.54$0.01