Realtors Association Of Lake & Sumter Counties Inc

Tavares, FL
Tax-exempt since May 1999
EIN: 59-1627621

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Revenue

$1.38M (2023)

Expenses

$1.61M (2023)

Total Assets

$2.38M (2023)

Total Liabilities

$1.16M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Revenue

$1,377,305

Expenses

$1,610,192

Net Income

-$232,887

Net Assets

$1,215,807

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,737	0.7%
Program Services	$1,321,373	95.9%
Investment Income	$24,228	1.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$21,967	1.6%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$147,439	9.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$428,954	26.6%

Assets/Debt
Total Assets	$2,376,849
Total Liabilities	$1,161,042
Net Assets	$1,215,807

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Mc Donald (Ceo)	$147,439	$0	$0
Carolyn M Maimone (President)	$0	$0	$0
Geoffrey Chernault (President Elect)	$0	$0	$0
Vivienne E Cunningham (Vice President)	$0	$0	$0
Mark Dyer (Treasurer)	$0	$0	$0
Connie Mahan (Director)	$0	$0	$0
Mary Trish Leisner (Director)	$0	$0	$0
Thomas Clark (Director)	$0	$0	$0
April Rager Kirkland (Director)	$0	$0	$0
Vickie Lingerfelt (Director)	$0	$0	$0
Greg Nacke (Director)	$0	$0	$0
Melissa Samar (Director)	$0	$0	$0
Robbie Showmaker (Director)	$0	$0	$0
Billie Faye Smith (Director)	$0	$0	$0
Kara Wisely (Director)	$0	$0	$0

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990

Filed on April 30, 2025

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

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Fiscal Year Ending Dec.
2022

Revenue

$1,206,757

Expenses

$1,452,878

Net Income

-$246,121

Net Assets

$1,361,197

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,950	0.2%
Program Services	$1,181,602	97.9%
Investment Income	$18,840	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,365	0.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$141,346	9.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$340,456	23.4%

Assets/Debt
Total Assets	$2,264,873
Total Liabilities	$903,676
Net Assets	$1,361,197

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Summers (Ceo Past)	$83,654	$0	$0
Steve Mc Donald (Ceo)	$57,692	$0	$0
Addie Owens (Director)	$0	$0	$0
April Rager Kirkland (Past President)	$0	$0	$0
Mary Trish Leisner (President)	$0	$0	$0
Carolyn M Maimone (President Elect)	$0	$0	$0
Rob Crawford (Vice President)	$0	$0	$0
Vivienne E Cunningham (Director)	$0	$0	$0
Mark Dyer (Director)	$0	$0	$0
Vickie Lingerfelt (Director)	$0	$0	$0
Connie Mahan (Director)	$0	$0	$0
Ken Roberts (Director)	$0	$0	$0
Robert Shoemaker (Director)	$0	$0	$0
Kara Wisely (Treasurer)	$0	$0	$0
Geoffrey Chernault (Director)	$0	$0	$0
Greg Nacke (Director)	$0	$0	$0
Melissa Samar (Director)	$0	$0	$0
Billie Faye Smith (Director)	$0	$0	$0

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990

Filed on Feb. 13, 2024

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

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Fiscal Year Ending Dec.
2021

Revenue

$1,320,708

Expenses

$1,241,956

Net Income

$78,752

Net Assets

$1,729,988

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$181,861	13.8%
Program Services	$1,115,159	84.4%
Investment Income	$19,950	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,738	0.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$155,481	12.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$304,519	24.5%

Assets/Debt
Total Assets	$2,340,061
Total Liabilities	$610,073
Net Assets	$1,729,988

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Summers (Ceo)	$156,155	$0	$0
Addie Owens (Director)	$0	$0	$0
April Rager Kirkland (Past President)	$0	$0	$0
Trish Leisner (President)	$0	$0	$0
Carolyn M Maimone (President Elect)	$0	$0	$0
Rob Crawford (Vice President)	$0	$0	$0
Vivienne E Cunningham (Director)	$0	$0	$0
Mark Dyer (Director)	$0	$0	$0
Vickie Lingerfelt (Director)	$0	$0	$0
Connie Mahan (Director)	$0	$0	$0
Ken Roberts (Director)	$0	$0	$0
Robert Shoemaker (Director)	$0	$0	$0
Kara Wisely (Treasurer)	$0	$0	$0
Geoffrey Chernault (Director)	$0	$0	$0
Greg Hackey (Director)	$0	$0	$0
Melissa Samar (Director)	$0	$0	$0

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990

Filed on Feb. 15, 2023

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

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Fiscal Year Ending Dec.
2020

Revenue

$1,033,204

Expenses

$1,093,374

Net Income

-$60,170

Net Assets

$1,569,391

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,190	1.1%
Program Services	$1,022,256	98.9%
Investment Income	$8,918	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$9,160
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$139,250	12.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$237,779	21.7%

Assets/Debt
Total Assets	$2,074,913
Total Liabilities	$505,522
Net Assets	$1,569,391

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Summers (Secretary)	$132,500	$0	$0
Addie Owens (President)	$0	$0	$0
April Rager (President Elect)	$0	$0	$0
Mike Taylor (Past President)	$0	$0	$0
Trish Leisner (Vice President)	$0	$0	$0
Carolyn M Maimone (Treasurer)	$0	$0	$0
Rob Crawford (Director)	$0	$0	$0
Vivienne E Cunningham (Director)	$0	$0	$0
Mark Dyer (Director)	$0	$0	$0
Vickie Lingerfelt (Director)	$0	$0	$0
Connie Mahan (Director)	$0	$0	$0
Ken Roberts (Director)	$0	$0	$0
Tracie Ruffolo (Director)	$0	$0	$0
Robert Shoemaker (Director)	$0	$0	$0
Kara Wisely (Director)	$0	$0	$0

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990

Filed on Nov. 22, 2021

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

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Fiscal Year Ending Dec.
2019

Revenue

$982,965

Expenses

$947,657

Net Income

$35,308

Net Assets

$1,620,676

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,716	0.5%
Program Services	$950,935	96.7%
Investment Income	$19,398	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$7,916	0.8%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$15,411	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$294,123	31.0%

Assets/Debt
Total Assets	$2,238,853
Total Liabilities	$618,177
Net Assets	$1,620,676

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Summers (Secretary)	$10,000	$0	$0
Addie Owens (President)	$0	$0	$0
April Rager (President Elect)	$0	$0	$0
Mike Taylor (Past President)	$0	$0	$0
Trish Leisner (Vice President)	$0	$0	$0
Carolyn M Maimone (Treasurer)	$0	$0	$0
Rob Crawford (Director)	$0	$0	$0
Vivienne E Cunningham (Director)	$0	$0	$0
Mark Dyer (Director)	$0	$0	$0
Vickie Lingerfelt (Director)	$0	$0	$0
Connie Mahan (Director)	$0	$0	$0
Ken Roberts (Director)	$0	$0	$0
Tracie Ruffolo (Director)	$0	$0	$0
Robert Shoemaker (Director)	$0	$0	$0
Kara Wisely (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$1,002,329

Expenses

$802,122

Net Income

$200,207

Net Assets

$1,582,429

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$576,625	57.5%
Program Services	$417,676	41.7%
Investment Income	$8,028	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$104,810	13.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$113,921	14.2%

Assets/Debt
Total Assets	$2,463,802
Total Liabilities	$881,373
Net Assets	$1,582,429

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael B Taylor (President)	$0	$0	$0
Addie Owens (President El)	$0	$0	$0
Terry M Paschal (Treasurer)	$0	$0	$0
Edward C Fox (Vice Preside)	$0	$0	$0
Abigail Carr (Past Preside)	$0	$0	$0

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990

Filed on May 15, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$850,294

Expenses

$701,040

Net Income

$149,254

Net Assets

$1,382,222

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$510,421	60.0%
Program Services	$330,905	38.9%
Investment Income	$5,400	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$392
Net Inventory Sales	$0
Other Revenue	$3,960	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$197,612	28.2%

Assets/Debt
Total Assets	$2,150,584
Total Liabilities	$768,362
Net Assets	$1,382,222

Compensation

Key Employees and Officers	Compensation	Related	Other
Abigail Carr (President)	$0	$0	$0
William Deese (President El)	$0	$0	$0
Tracie Ruffolo (Treasurer)	$0	$0	$0
Thomas Grizzard (Past Preside)	$0	$0	$0

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990

Filed on Nov. 1, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$784,108

Expenses

$679,399

Net Income

$104,709

Net Assets

$1,232,968

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$472,097	60.2%
Program Services	$302,644	38.6%
Investment Income	$4,777	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,590	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$185,461	27.3%

Assets/Debt
Total Assets	$2,084,693
Total Liabilities	$851,725
Net Assets	$1,232,968

Compensation

Key Employees and Officers	Compensation	Related	Other
Gus Grizzard (President)	$0	$0	$0
Bill Deese (Vpd)	$0	$0	$0
Tracie Ruffolo (Td)	$0	$0	$0
Abigail Carr (Ped)	$0	$0	$0

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990

Filed on June 22, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$742,322

Expenses

$603,277

Net Income

$139,045

Net Assets

$1,128,259

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$425,632	57.3%
Program Services	$310,488	41.8%
Investment Income	$3,737	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$415
Net Inventory Sales	$0
Other Revenue	$2,880	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$165,262	27.4%

Assets/Debt
Total Assets	$1,984,089
Total Liabilities	$855,830
Net Assets	$1,128,259

Compensation

Key Employees and Officers	Compensation	Related	Other
Kim Ducharme (President)	$0	$0	$0
Joy Zahn (Vpd)	$0	$0	$0
Gerri Rosenthal (Td)	$0	$0	$0
Tom Grizzard (Ped)	$0	$0	$0

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990

Filed on Aug. 12, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$621,528

Expenses

$547,615

Net Income

$73,913

Net Assets

$989,214

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$358,787	57.7%
Program Services	$258,404	41.6%
Investment Income	$2,545	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,088
Net Inventory Sales	$0
Other Revenue	$2,880	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$155,631	28.4%

Assets/Debt
Total Assets	$1,748,108
Total Liabilities	$758,894
Net Assets	$989,214

Compensation

Key Employees and Officers	Compensation	Related	Other
Betty Salas (Past Preside)	$0	$0	$0
Mary Baker (Treasurer)	$0	$0	$0
Tracie Ruffolo (Director)	$0	$0	$0
Kim Ducharme (President El)	$0	$0	$0
Colleen T Donlevy Burns (Director)	$0	$0	$0
Bill Deese (Director)	$0	$0	$0
Loretta Maimone (Director)	$0	$0	$0
Joy Zahn (Director)	$0	$0	$0
Maria Molina (Director)	$0	$0	$0
Jim Mariucci (President)	$0	$0	$0
Gerri Rosenthal (Treasurer)	$0	$0	$0
Stephen Misciagno (Director)	$0	$0	$0
Gus Grizzard (Vice Preside)	$0	$0	$0
Robert Southern Jr (Director)	$0	$0	$0

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990

Filed on Aug. 5, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$578,235

Expenses

$508,474

Net Income

$69,761

Net Assets

$915,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$344,637	59.6%
Program Services	$228,791	39.6%
Investment Income	$2,611	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,196	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$53,771	10.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$88,517	17.4%

Assets/Debt
Total Assets	$1,661,108
Total Liabilities	$745,807
Net Assets	$915,301

Compensation

Key Employees and Officers	Compensation	Related	Other
Danny Smith (Past Preside)	$0	$0	$0
Betty Salas (President)	$0	$0	$0
Alistair W Powell (Director)	$0	$0	$0
Jean B Karr (Treasurer)	$0	$0	$0
Holly Curley (Director)	$0	$0	$0
Kim Ducharme (Vice Preside)	$0	$0	$0
Colleen T Donlevy Burns (Director)	$0	$0	$0
Bill Deese (Director)	$0	$0	$0
April Kessler (Director)	$0	$0	$0
Joy Zahn (Director)	$0	$0	$0
Emily Phillips (Director)	$0	$0	$0
Jim Mariucci (President El)	$0	$0	$0
Gerri Rosenthal (Director)	$0	$0	$0
Stephen Misciagno (Director)	$0	$0	$0
Gus Grizzard (Director)	$0	$0	$0
Robert Southern Jr (Director)	$0	$0	$0

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990

Filed on July 28, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$520,560

Expenses

$458,081

Net Income

$62,479

Net Assets

$845,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$312,749	60.1%
Program Services	$203,518	39.1%
Investment Income	$2,510	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,457
Net Inventory Sales	$0
Other Revenue	$3,240	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,521	12.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$75,694	16.5%

Assets/Debt
Total Assets	$1,401,038
Total Liabilities	$555,498
Net Assets	$845,540

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$472,687

Expenses

$515,425

Net Income

-$42,738

Net Assets

$783,061

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$310,955	65.8%
Program Services	$153,013	32.4%
Investment Income	$3,140	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,579	1.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$56,291	10.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$88,946	17.3%

Assets/Debt
Total Assets	$1,435,436
Total Liabilities	$652,375
Net Assets	$783,061

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Realtors Association Of Lake & Sumter Counties Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.38M (2023)

Expenses $1.61M (2023)

Total Assets $2.38M (2023)

Total Liabilities $1.16M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$1.38M (2023)

Expenses

$1.61M (2023)

Total Assets

$2.38M (2023)

Total Liabilities

$1.16M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004