Civic Intelligence

Real Estate Professionals Alliance

EIN 93-3079764 • 501(c)6 • Richmond, VA

Profile

The Organization holds an investment portfolio consisting of publicly traded securities for the Richmond Association of Realtors.

8975 Three Chopt RdRichmond, VA 23229

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$15,174,156

No earlier filing loaded for comparison.

Liabilities

$14,551,973

No earlier filing loaded for comparison.

Net Assets

$622,183

No earlier filing loaded for comparison.

Operations

Revenue

$225,326

No earlier filing loaded for comparison.

Expenses

$23,040

No earlier filing loaded for comparison.

Net Income

$202,286

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2023: $15,174,156Liabilities 2023: $14,551,973Net Assets 2023: $622,1832023

Highlighted filing

2023

Assets$15,174,156
Liabilities$14,551,973
Net Assets$622,183
Open 2023 Filing

Operations Trend

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

$300K$200K$100K$0Revenue 2023: $225,326Expenses 2023: $23,040Net Income 2023: $202,2862023

Highlighted filing

2023

Revenue$225,326
Expenses$23,040
Net Income$202,286
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,174,156
Liabilities
$14,551,973
Net assets
$622,183
Revenue
$225,326
Expenses
$23,040
Net income
$202,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$15.2$14.6$0.62$0.23$0.02$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 20, 2024
Return Version
2023v5.1
Gross Receipts
$225,326
Mission and Program Overview

Mission

The Organization holds an investment portfolio consisting of publicly traded securities for the Richmond Association of Realtors.

The Organization holds an investment portfolio for the Richmond Association of Realtors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$15,174,156-
Total Assets$0$15,174,156▲ $15,174,156
Liabilities
Other Liabilities$0$14,551,973▲ $14,551,973
Total Liabilities$0$14,551,973▲ $14,551,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$622,183-
Total Net Assets Fund Balance$0$622,183▲ $622,183
Total Liabilities and Net Assets / Fund Balance$0$15,174,156▲ $15,174,156
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dawn BradleyBoard Member
John O'ReillyBoard Member
T Wayne GauthierBoard Member
Laura LafayetteChief Executive Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$225,326
Other Revenue
$0
Change in Net Assets
$202,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,040
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees$23,040--$23,040
Total Functional Expenses$23,040$0$0$23,040
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advance from RAR$14,551,973
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Real Estate Professional Alliance's 990 is reviewed by the VP of Finance before filing with the IRS.”

Form 990, Part VI, Section C, line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Real Estate Professionals Alliance
EIN
93-3079764
Phone
8044225000
Address
8975 Three Chopt Rd, Richmond, VA 23229

Signing Officer

Name
Laura Lafayette
Title
Chief Executive Officer
Phone
8044225000
Signed
2024-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Lafayette
Formed
2023
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Pilc & Moseley LLC
Address
4312 Grove Avenue, Richmond, VA 23221
Preparer
William C Pilc
Phone
8049188490
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