Nonprofit · EIN 54-0918216
WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC
Tax-exempt · WILLIAMSBURG, VA 23188
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $506,898 | $440,810 | $66,088 | $2,259,700 | $154,302 | $2,105,398 |
| October 31, 2024 | 990 | $587,019 | $385,932 | $201,087 | $2,208,854 | $169,544 | $2,039,310 |
| October 31, 2023 | 990 | $392,040 | $362,731 | $29,309 | $2,008,536 | $170,313 | $1,838,223 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $168,211
- Membership dues
- $168,211
- Program service revenue
- $45,587
- Investment income
- $152,716
- Net rental income
- $40,000
- Net income from sales of inventory
- $1,314
- Other revenue
- $140,384
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $208,794
- Salaries, compensation and benefits (total)
- $208,794
- Professional fundraising fees
- $0
- Travel
- $14,194
- Depreciation
- $21,908
- Program services (functional)
- $424,359
- Management and general (functional)
- $16,451
Balance sheet and other
- Total assets, start of year
- $2,208,854
- Total assets, end of year
- $2,259,700
- Total liabilities, end of year
- $154,302
- Net assets, end of year
- $2,105,398
- Land, buildings and equipment
- $317,615
- Publicly traded securities
- $1,674,633
- Net assets without donor restrictions
- $2,105,398
- Gross unrelated business income
- $41,314
- Gross receipts
- $507,610
- Employees
- 7
- Year formed
- 1974
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES WILLITS | CEO Key employee | 0 | $49,038 |
| TIA STANLEY | DIRECTOR Trustee or director | 0 | $0 |
| BEN MUNSON | DIRECTOR Trustee or director | 0 | $0 |
| JOYCLYN KANANEN | DIRECTOR Trustee or director | 0 | $0 |
| KAREN SCHUREMAN | DIRECTOR Trustee or director | 0 | $0 |
| ELIZABETH WALTHALL | IMM PAST PRESIDENT Trustee or director | 0 | $0 |
| COLBY ROBERTS | DIRECTOR Trustee or director | 0 | $0 |
| ALISON SAKIMURA | PRESIDENT ELECT Officer | 0 | $0 |
| LAUREN JORDAN | TREASURER Officer | 0 | $0 |
| CRISNEY BROOKS | PRESIDENT Officer | 0 | $0 |
990 for the year ended October 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLIE WILLITS | CEO Key employee | 0 | $48,935 |
| SUZANNE DANA | DIRECTOR Trustee or director | 0 | $0 |
| JOYCLYN KANANEN | DIRECTOR Trustee or director | 0 | $0 |
| JIM MELLEN | DIRECTOR Trustee or director | 0 | $0 |
| BRIAN TWIDDY | DIRECTOR Trustee or director | 0 | $0 |
| JENNIFER MITCHELL | DIRECTOR Trustee or director | 0 | $0 |
| FRED SMITH | IMM PAST PRESIDENT Trustee or director | 0 | $0 |
| CRISNEY BROOKS | PRESIDENT ELECT Trustee or director | 0 | $0 |
| PAUL ROBINSON | TREASURER Officer | 0 | $0 |
| ELIZABETH WALTHALL | PRESIDENT Officer | 0 | $0 |
990 for the year ended October 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA HOMEWOOD | CHIEF STAFF EXECUTIVE Key employee | 0 | $140,514 |
| BOBBY JANKOVIC | DIRECTOR Trustee or director | 0 | $0 |
| CRISNEY BROOKS | DIRECTOR Trustee or director | 0 | $0 |
| TIA STANLEY | DIRECTOR Trustee or director | 0 | $0 |
| COLBY ROBERTS | DIRECTOR Trustee or director | 0 | $0 |
| BRIAN TWIDDY | DIRECTOR Trustee or director | 0 | $0 |
| ELIZABETH WALTHALL | PRESIDENT ELECT Officer | 0 | $0 |
| LYNN GRIMSLEY | IMM PAST PRESIDENT Officer | 0 | $0 |
| FRED SMITH | PRESIDENT Officer | 0 | $0 |
| PAUL ROBINSON | TREASURER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5000 NEW POINT RD STE 1101, WILLIAMSBURG, VA 23188-9411
- In care of
- % CHARLES WILLITS
- Signed the 990
- CHARLES WILLITS, CEO
- Phone
- (757) 253-0028
- Website
- WWW.WAAREALTOR.COM
- Return prepared by
- COLONIAL CPA GROUP
Mission
PROFESSIONAL SUPPORT SERVICES TO GREATER WILLIAMSBURG AREA REALTORS
Program accomplishments
- THE ASSOCIATION PROVIDES SUPPORT, RECOGNITION AND NETWORKING OPPORTUNITIES TO MORE THAN 700 MEMBERS IN QUARTERLY GENERAL MEMBERSHIP MEETINGS, SOCIAL FUNCTIONS AND RECONIGITION AND EDUCATIONAL PROGRAMS.Expenses $424,359
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 54-0918216
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,259,700
- Income (IRS master file)
- $507,610
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $506,898 | $440,810 | $2,259,700 | XML |
| 990 | October 2024 | $587,019 | $385,932 | $2,208,854 | XML |
| 990 | October 2023 | $392,040 | $362,731 | $2,008,536 | XML |
| 990 | October 2022 | $235,980 | $334,275 | $1,969,388 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0918216).
Questions about WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC
- What is the EIN of WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC?
- The employer identification number (EIN) of WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC is 54-0918216.
- Is WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
- Are donations to WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who are the officers and directors of WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC?
- The 990 for the year ended October 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $49,038 (CHARLES WILLITS, CEO).
- How much revenue does WILLIAMSBURG AREA ASSOCIATION OF REALTORS INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $506,898, expenses of $440,810 and total assets of $2,259,700 at year end.
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