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Montrose Association Of Realtors

  • Montrose, CO
  • Tax-exempt since Dec. 1991
  • EIN: 23-7216117

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$184k (2024)

Expenses
$194k (2024)

Total Assets
$739k (2024)

Total Liabilities
$1.09k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$184,498
Expenses
$194,141
Net Income
-$9,643
Net Assets
$738,094
Notable Sources of Revenue Percent of Total Revenue
Contributions $183,855
99.7%
Program Services $0
Investment Income $10,802
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,620
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,461
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $68,913
35.5%
Assets/Debt
Total Assets $739,185
Total Liabilities $1,091
Net Assets $738,094
Compensation
Key Employees and Officers Compensation Related Other
Andrew Reed (Director) $0 $0 $0
Michelle Martinez (Past President) $0 $0 $0
Makura Casias (Director) $0 $0 $0
Dana Gleason (President) $0 $0 $0
Jessica Romero (Director) $0 $0 $0
Amanda Powell (Director) $0 $0 $0
Andrea Johnson (President Elect) $0 $0 $0
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Document Links

990
Filed on June 19, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$195,015
Expenses
$172,577
Net Income
$22,438
Net Assets
$747,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,422
96.6%
Program Services $0
Investment Income $5,046
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $422
0.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,125
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $46,223
26.8%
Assets/Debt
Total Assets $749,378
Total Liabilities $1,641
Net Assets $747,737
Compensation
Key Employees and Officers Compensation Related Other
Doug Phillips (President) $0 $0 $0
Michelle Martinez (Past President) $0 $0 $0
Aaron Tobler (Director) $0 $0 $0
Dana Gleason (President Elect) $0 $0 $0
Aaron Reed (Director) $0 $0 $0
Andrea Johnson (Director) $0 $0 $0
Halley Combs (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 4, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,888
Expenses
$117,249
Net Income
$122,639
Net Assets
$725,299
Notable Sources of Revenue Percent of Total Revenue
Contributions $240,060
> 100%
Program Services $0
Investment Income $746
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,118
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $200
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $24,877
21.2%
Assets/Debt
Total Assets $725,911
Total Liabilities $612
Net Assets $725,299
Compensation
Key Employees and Officers Compensation Related Other
Doug Phillips (President) $0 $0 $0
Michelle Martinez (Past President) $0 $0 $0
Aaron Tobler (Director) $0 $0 $0
Dana Gleason (Vice President) $0 $0 $0
Aaron Reed (Director) $0 $0 $0
Andrea Johnson (Director) $0 $0 $0
Halley Combs (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 20, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$145,988
Expenses
$111,679
Net Income
$34,309
Net Assets
$608,904
Notable Sources of Revenue Percent of Total Revenue
Contributions $145,643
99.8%
Program Services $0
Investment Income $634
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,369
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,080
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,698
9.6%
Assets/Debt
Total Assets $618,113
Total Liabilities $9,209
Net Assets $608,904
Compensation
Key Employees and Officers Compensation Related Other
Michelle Martinez (President & Ceo) $0 $0 $0
Lee Ann Parden (Vice President) $0 $0 $0
Gary Rawls (Director) $0 $0 $0
Aaron Tobler (Director) $0 $0 $0
Denise Crow (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$141,527
Expenses
$119,088
Net Income
$22,439
Net Assets
$574,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $134,212
94.8%
Program Services $5,406
3.8%
Investment Income $1,109
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $800
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $36,390
30.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $580,909
Total Liabilities $6,314
Net Assets $574,595
Compensation
Key Employees and Officers Compensation Related Other
Janna Burton (Ceo) $36,390 $0 $0
Michelle Martinez (Chair) $0 $0 $0
Lee Ann Parden (Chair Elect) $0 $0 $0
Gary Rawls (Past Chair) $0 $0 $0
Aaron Tobler (Director) $0 $0 $0
Josh Kettell (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,429
Expenses
$200,958
Net Income
-$25,529
Net Assets
$551,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,377
90.3%
Program Services $10,349
5.9%
Investment Income $2,263
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,990
1.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,450
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,500
32.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $558,182
Total Liabilities $7,026
Net Assets $551,156
Compensation
Key Employees and Officers Compensation Related Other
Janna Burton (Ceo) $64,500 $0 $0
Gary Rawls (Chair) $0 $0 $0
Michelle Martinez (Chair Elect) $0 $0 $0
Debi Harmon (Past Chair) $0 $0 $0
Aaron Tobler (Director) $0 $0 $0
Casey Wareham (Director) $0 $0 $0
Josh Kettell (Director) $0 $0 $0
Lee Ann Parden (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$196,510
Expenses
$211,599
Net Income
-$15,089
Net Assets
$576,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $178,928
91.1%
Program Services $12,235
6.2%
Investment Income $422
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,350
2.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $575
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $66,655
31.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $674,592
Total Liabilities $97,695
Net Assets $576,897
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Janna Burton (Ceo) $43,323 $0 $0
Debi Harmon (Chair) $0 $0 $0
Gary Rawls (Chair Elect) $0 $0 $0
Michael Underwood (Past Chair) $0 $0 $0
Doug Phillips (Director) $0 $0 $0
Josh Kettell (Director) $0 $0 $0
Casey Wareham (Director) $0 $0 $0
Shawn Carroll (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 6, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$337,100
Expenses
$368,144
Net Income
-$31,044
Net Assets
$593,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $310,731
92.2%
Program Services $20,799
6.2%
Investment Income $120
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,800
1.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $650
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $674,378
Total Liabilities $81,362
Net Assets $593,016
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Modene Gaulke (Ceo) $40,000 $0 $0
Michael Underwood (President) $0 $0 $0
Debi Harmon (Chair Elect) $0 $0 $0
Judi Snelling (Past Chair, Board Member) $0 $0 $0
Jenn Anders (Treasurer) $0 $0 $0
Shawn Carroll (Director) $0 $0 $0
Doug Phillips (Director) $0 $0 $0
Gary Rawls (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 4, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$362,447
Expenses
$315,744
Net Income
$46,703
Net Assets
$624,052
Notable Sources of Revenue Percent of Total Revenue
Contributions $342,250
94.4%
Program Services $17,092
4.7%
Investment Income $130
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,275
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $700
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $37,722
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $7,548
2.4%
Assets/Debt
Total Assets $699,275
Total Liabilities $75,223
Net Assets $624,052
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Modene Gaulke (Ceo) $37,722 $0 $0
Judi Snelling (President) $0 $0 $0
Michael Underwood (Chair Elect) $0 $0 $0
Julia Seglund (Past Chair) $0 $0 $0
Jenn Anders (Treasurer) $0 $0 $0
Pat Cohen (Director) $0 $0 $0
Debi Harmon (Director) $0 $0 $0
Doug Phillips (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 11, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$325,920
Expenses
$284,416
Net Income
$41,504
Net Assets
$577,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $286,193
87.8%
Program Services $27,869
8.6%
Investment Income $53
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,000
1.2%
Net Fundraising $7,805
2.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,775
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $691,745
Total Liabilities $114,046
Net Assets $577,699
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Modene Gaulke (Ceo) $43,775 $0 $0
Diane Haynes (Past President) $0 $0 $0
Julia Seglund (President) $0 $0 $0
Pamela Lapointe (Treasurer) $0 $0 $0
Michael Underwood (President Elect) $0 $0 $0
Pat Cohen (Director) $0 $0 $0
Betsy Spitzer (Director) $0 $0 $0
Jenn Anders (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 30, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$300,466
Expenses
$244,058
Net Income
$56,408
Net Assets
$533,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $276,597
92.1%
Program Services $16,451
5.5%
Investment Income $47
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,100
0.7%
Net Fundraising $5,271
1.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $42,500
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $658,442
Total Liabilities $124,695
Net Assets $533,747
Compensation
Key Employees and Officers Compensation Related Other
Modene Gaulke (Ceo) $42,500 $0 $0
Gary Rawls (Past President) $0 $0 $0
Diane Haynes (President) $0 $0 $0
Pamela Lapointe (Treasurer) $0 $0 $0
Mandy Snell (Director) $0 $0 $0
Pat Cohen (Director) $0 $0 $0
Michael Underwood (Director) $0 $0 $0
Rob Harper (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 2, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$293,595
Expenses
$224,214
Net Income
$69,381
Net Assets
$476,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $275,569
93.9%
Program Services $13,660
4.7%
Investment Income $40
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $138
0.0%
Net Fundraising $4,188
1.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $596,920
Total Liabilities $120,669
Net Assets $476,251
Compensation
Key Employees and Officers Compensation Related Other
Modene Gaulke (Ceo) $40,000 $0 $0
Michelle Martinez (Past President) $0 $0 $0
Gary Rawls (President) $0 $0 $0
Pamela Lapointe (Treasurer) $0 $0 $0
Diane Haynes (Vice Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$262,201
Expenses
$209,907
Net Income
$52,294
Net Assets
$411,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $242,064
92.3%
Program Services $16,474
6.3%
Investment Income $51
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,612
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $37,008
17.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $538,508
Total Liabilities $126,541
Net Assets $411,967

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$213,433
Expenses
$213,190
Net Income
$243
Net Assets
$351,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $209,029
97.9%
Program Services $4,100
1.9%
Investment Income $86
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $218
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $37,008
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $28,875
13.5%
Assets/Debt
Total Assets $471,734
Total Liabilities $120,322
Net Assets $351,412

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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