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Nonprofit · EIN 56-1693431

HIGHLANDS CASHIERS BOARD OF REALTORS INC

Tax-exempt · CASHIERS, NC 28717

Financials

$196K$209K2023$269K$233K2024
Revenue Expenses · by fiscal year end
Financials of HIGHLANDS CASHIERS BOARD OF REALTORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$269,221$233,132$36,089$560,428$172,756$387,672
December 31, 2023990$196,242$208,829-$12,587$605,033$253,450$351,583
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$152,158
Membership dues
$150,123
Program service revenue
$115,400
Investment income
$1,663
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,000
Compensation of officers, directors and key employees
$103,782
Other salaries and wages
$38,110
Salaries, compensation and benefits (total)
$165,767
Professional fundraising fees
$0
Legal fees
$244
Accounting fees
$20,704
Program services (functional)
$164,106
Management and general (functional)
$69,026

Balance sheet and other

Total assets, start of year
$605,033
Total assets, end of year
$560,428
Total liabilities, end of year
$172,756
Net assets, end of year
$387,672
Net assets without donor restrictions
$378,833
Net assets with donor restrictions
$8,839
Gross receipts
$269,221
Employees
2
Volunteers
0
Year formed
1984
State of legal domicile
NC

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Stephanie SchwarzAssociation Executive
Officer
40$103,782
John MuirPast President
Trustee or director, Officer
4$0
Merry SoellnerPresident
Trustee or director, Officer
2$0
Judy MichaudPresident Elect
Trustee or director, Officer
2$0
Sheryl WilsonTreasurer/Secretary
Trustee or director, Officer
2$0
Jennifer BlakeDirector
Trustee or director, Officer
2$0
Robbin DodsonDirector
Trustee or director
1$0
Kelly RamsayDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Stephanie SchwarzAssociation Executive
Officer
40$81,474
John MuirPresident
Trustee or director, Officer
4$0
Merry SoellnerPresident Elect
Trustee or director, Officer
2$0
Tina ConePast President
Trustee or director, Officer
2$0
Jennifer BlakeSecretary
Trustee or director, Officer
2$0
David KirchnerTreaurer
Trustee or director, Officer
2$0
Kelley RamsayDirector
Trustee or director
1$0
John BarrowDirector
Trustee or director
1$0
Melissa FrazierDirector
Trustee or director
1$0
Maggie ElmerDirector
Trustee or director
1$0
Brenda BeyeMLS President
Trustee or director
1$0

Address and contacts

Address (IRS master file)
45 SLABTOWN RD/356, CASHIERS, NC 28717-0000
In care of
% CHARLES ROBERSON
Principal officer (990 for 2024)
Judy Michaud, PO Box 356, Cashiers, NC 28717
Signed the 990
Judy Michaud, President
Phone
(828) 743-0423
Website
hcbor.net
Return prepared by
Prager Metis CPAs PLLC

Mission

The Organization provides its members with programs and services which will enhance member abilities to successfully conduct their individual businesses in an ethical and competent manner, to promote cooperation among its members, and to promote the public's right to use and transfer real property.

990 for the year ended December 31, 2024

Program accomplishments

  • To unite those engaged in recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon professional and related interests. To promote and maintain high standards of conduct in the real estate profession as expressed in the code of ethics of the National Association of Realtors. To provide a unified medium for real estate owners and those engaged in the real estate profession whereby their interests may be safeguarded and advanced. To further the interest of home and other real property owenership. To unite those engaged in the real estate profeossion in Highlands, southern Jackson and Transylvania counties, NC with the realtors and National Association of Realtors.
    Expenses $164,106 · grants $15,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1693431
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$560,428
Income (IRS master file)
$269,221

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$269,221$233,132$560,428XML
990December 2023$196,242$208,829$605,033IRS
990December 2022$174,521$175,044$599,249IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 56-1693431).

Questions about HIGHLANDS CASHIERS BOARD OF REALTORS INC

What is the EIN of HIGHLANDS CASHIERS BOARD OF REALTORS INC?
The employer identification number (EIN) of HIGHLANDS CASHIERS BOARD OF REALTORS INC is 56-1693431.
Is HIGHLANDS CASHIERS BOARD OF REALTORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2020.
Are donations to HIGHLANDS CASHIERS BOARD OF REALTORS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HIGHLANDS CASHIERS BOARD 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 HIGHLANDS CASHIERS BOARD OF REALTORS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HIGHLANDS CASHIERS BOARD OF REALTORS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HIGHLANDS CASHIERS BOARD OF REALTORS INC?
The 990 for the year ended December 31, 2024 names Judy Michaud.
Who are the officers and directors of HIGHLANDS CASHIERS BOARD OF REALTORS INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $103,782 (Stephanie Schwarz, Association Executive).
How much revenue does HIGHLANDS CASHIERS BOARD OF REALTORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $269,221, expenses of $233,132 and total assets of $560,428 at year end.

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