Nonprofit · EIN 54-1237594
NEW RIVER VALLEY ASSOCIATION OF REALTORS INC
Tax-exempt · CHRISTIANSBRG, VA 24073
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $368,624 | $280,728 | $87,896 | $2,403,198 | $302,237 | $2,100,961 |
| December 31, 2024 | 990 | $353,469 | $291,661 | $61,808 | $2,291,091 | $277,959 | $2,013,132 |
| December 31, 2023 | 990 | $9,013 | $22,612 | -$13,599 | $2,232,426 | $288,603 | $1,943,823 |
| November 30, 2023 | 990 | $326,050 | $264,654 | $61,396 | $2,238,086 | $290,037 | $1,948,049 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $298,395
- Investment income
- $30,245
- Net rental income
- $38,307
- Net income from sales of inventory
- $1,677
- Other revenue
- $39,984
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,710
- Other salaries and wages
- $114,591
- Salaries, compensation and benefits (total)
- $295,367
- Professional fundraising fees
- $0
- Accounting fees
- $16,050
- Occupancy
- $9,925
- Travel
- $36,242
- Depreciation
- $6,588
Balance sheet and other
- Total assets, start of year
- $2,291,091
- Total assets, end of year
- $2,403,198
- Total liabilities, end of year
- $302,237
- Net assets, end of year
- $2,100,961
- Land, buildings and equipment
- $888,973
- Net assets without donor restrictions
- $2,100,961
- Gross unrelated business income
- $38,307
- Gross receipts
- $408,597
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1978
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE SUTLIFF | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $129,710 |
| CHARLES BURNETTE | IMMEDIATE PAST PRESIDENT Trustee or director | 1 | $0 |
| JOEL HUMPHREYS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JENNIFER SOWERS | CO-VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN MCCOLLUM | DIRECTOR Trustee or director | 1 | $0 |
| JOE RACEK | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN ROSCHELLI | CO-VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ERIN VOGT | DIRECTOR Trustee or director | 1 | $0 |
| MIKE THOMAS | MLS CHAIR Trustee or director | 1 | $0 |
| BECKY BRAWLEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE SUTLIFF | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $123,550 |
| KELLY GRIFFIN | IMMEDIATE PAST PRESIDENT Trustee or director | 1 | $0 |
| CHARLES BURNETTE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ED COX | PRESIDENT-ELECT Trustee or director, Officer | 1 | $0 |
| JOEL HUMPHREYS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN MCCOLLUM | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER SOWERS | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET GALECKI | DIRECTOR Trustee or director | 1 | $0 |
| ERIN VOGT | DIRECTOR Trustee or director | 1 | $0 |
| KAREN BLEVINS | MLS CHAIR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE SUTLIFF | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $96,667 |
| KELLY GRIFFIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLES BURNETTE | PRESIDENT-ELECT Trustee or director, Officer | 1 | $0 |
| ED COX | VICE PRESIDENT Trustee or director | 1 | $0 |
| JOEL HUMPHREYS | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MCCOLLUM | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER SOWERS | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET GALECKI | DIRECTOR Trustee or director | 1 | $0 |
| ERIN VOGT | MLS CHAIR Trustee or director | 1 | $0 |
990 for the year ended November 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE SUTLIFF | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $0 |
| KELLY GRIFFIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLES BURNETTE | PRESIDENT-ELECT Trustee or director, Officer | 1 | $0 |
| ED COX | VICE PRESIDENT Trustee or director | 1 | $0 |
| JOEL HUMPHREYS | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MCCOLLUM | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER SOWERS | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET GALECKI | DIRECTOR Trustee or director | 1 | $0 |
| ERIN VOGT | MLS CHAIR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 125 PONDEROSA DR, CHRISTIANSBRG, VA 24073-6584
- Principal officer (990 for 2025)
- JOE SUTLIFF, 125 PONDEROSA DR, CHRISTIANSBURG, VA 24073
- Signed the 990
- JOE SUTLIFF, CEO
- Phone
- (540) 381-9354
- Website
- WWW.NRVAR.COM
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING INFLUENCE UPON THE PROFESSION AND RELATED INTEREST. TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE PROFESSION AND TO PROVIDE A UNIFIED MEDIUM FOR REAL ESTATE AGENTS.
Program accomplishments
- TO PROVIDE MEMBER SERVICES IN ORDER THAT THE INTERESTS OF REAL ESTATE OWNERS AND THOSE ENGAGED IN THE REAL ESTATE PROFESSION MAY BE SAFEGUARDED AND ADVANCED IN A UNIFIED MEDIUM.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1237594
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,403,198
- Income (IRS master file)
- $408,597
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $368,624 | $280,728 | $2,403,198 | XML |
| 990 | December 2024 | $353,469 | $291,661 | $2,291,091 | XML |
| 990 | December 2023 | $9,013 | $22,612 | $2,232,426 | XML |
| 990 | November 2023 | $326,050 | $264,654 | $2,238,086 | XML |
| 990 | November 2022 | $313,722 | $254,452 | $2,135,833 | IRS |
| 990 | November 2021 | – | – | – | IRS |
| 990 | November 2020 | – | – | – | IRS |
| 990 | November 2019 | – | – | – | IRS |
| 990 | November 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 54-1237594).
Questions about NEW RIVER VALLEY ASSOCIATION OF REALTORS INC
- What is the EIN of NEW RIVER VALLEY ASSOCIATION OF REALTORS INC?
- The employer identification number (EIN) of NEW RIVER VALLEY ASSOCIATION OF REALTORS INC is 54-1237594.
- Is NEW RIVER VALLEY ASSOCIATION OF REALTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1984.
- Are donations to NEW RIVER VALLEY ASSOCIATION OF REALTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW RIVER VALLEY 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 NEW RIVER VALLEY ASSOCIATION OF REALTORS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW RIVER VALLEY ASSOCIATION OF REALTORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW RIVER VALLEY ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2025 names JOE SUTLIFF.
- Who are the officers and directors of NEW RIVER VALLEY ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $129,710 (JOE SUTLIFF, CHIEF EXECUTIVE OFFICER).
- How much revenue does NEW RIVER VALLEY ASSOCIATION OF REALTORS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $368,624, expenses of $280,728 and total assets of $2,403,198 at year end.
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