Operating record

Lake Martin Area Association Of Realtors Inc

Alex City, AL · EIN 63-1007808 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$207,165$122,074$85,09155.40%
2021$259,795$153,938$105,85754.80%
2022$195,688$142,915$52,77355.80%
2023$167,262$121,037$46,22572.90%

In its most recent public year (2023), this organization brought in $46,225 more than it spent. Its reserves stood at about 72.9 months of spending, up from 55.4 in 2020. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗