Skip to main content

Nonprofit · EIN 63-0380775

ALABAMA ASSOCIATION OF REALTORS INC

Tax-exempt · MONTGOMERY, AL 36104

Financials

$5.2M$4.3M2023$5.4M$4.6M2024$5.4M$4.8M2025
Revenue Expenses · by fiscal year end
Financials of ALABAMA ASSOCIATION OF REALTORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,364,612$4,803,918$560,694$15,666,967$1,116,433$14,550,534
December 31, 2024990$5,409,493$4,577,199$832,294$14,916,237$1,155,547$13,760,690
December 31, 2023990$5,241,320$4,304,743$936,577$13,901,942$1,061,627$12,840,315
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,096,454
Investment income
$249,258
Net gain from sales of assets
$11,342
Other revenue
$18,900

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$322,997
Other salaries and wages
$635,679
Salaries, compensation and benefits (total)
$1,173,050
Professional fundraising fees
$0
Legal fees
$67,835
Accounting fees
$350,666
Occupancy
$255,338
Travel
$148,488
Depreciation
$386,046

Balance sheet and other

Total assets, start of year
$14,916,237
Total assets, end of year
$15,666,967
Total liabilities, end of year
$1,116,433
Net assets, end of year
$14,550,534
Land, buildings and equipment
$7,969,811
Net assets without donor restrictions
$14,550,534
Gross receipts
$7,958,666
Employees
10
Volunteers
120
Year formed
1949
State of legal domicile
AL

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.

NameTitleHours / weekCompensationOther / benefits
JEREMY WALKERCHIEF EXECUT
Key employee
40$322,997$24,056
MARGIE BETH SHAWPRESIDENT
Trustee or director, Officer
3$0$0
MARY JANE OWENPRESIDENT -
Trustee or director, Officer
3$0$0
DEDRA CABANISSTREASURER
Trustee or director, Officer
3$0$0
BO EVANSSECRETARY
Trustee or director, Officer
3$0$0
SENIA JOHNSONPAST PRESIDE
Trustee or director, Officer
3$0$0
TIM BROWNREGIONAL VP
Trustee or director, Officer
3$0$0
JEFF DICKEYREGIONAL VP
Trustee or director, Officer
3$0$0
KIM HARWOODREGIONAL VP
Trustee or director, Officer
3$0$0
DAVID LUCASREGIONAL VP
Trustee or director, Officer
3$0$0
LINDA LOU PARSONSREGIONAL VP
Trustee or director, Officer
3$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
JEREMY WALKERCHIEF EXECUT
Key employee
40$301,305$28,573
RAJANE JOHNSONPAST PRESIDE
Trustee or director, Officer
3$0$0
SENIA JOHNSONPRESIDENT
Trustee or director, Officer
3$0$0
MARGIE BETH SHAWPRESIDENT -
Trustee or director, Officer
3$0$0
MARY JANE OWENSECRETARY
Trustee or director, Officer
3$0$0
TINA TERRYREGIONAL VP
Trustee or director, Officer
3$0$0
DEDRA CABANISSTREASURER
Trustee or director, Officer
3$0$0
KIM HARWOODREGIONAL VP
Trustee or director, Officer
3$0$0
DAVID LUCASREGIONAL VP
Trustee or director, Officer
3$0$0
BO EVANSREGIONAL VP
Trustee or director, Officer
3$0$0
LINDA LOU PARSONSREGIONAL VP
Trustee or director, Officer
3$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JEREMY WALKERCHIEF EXECUT
Key employee
40$260,045$21,621
RAJANE JOHNSONPRESIDENT
Trustee or director, Officer
3$0$0
SENIA JOHNSONPRESIDENT-EL
Trustee or director, Officer
3$0$0
MARGIE BETH SHAWTREASURER
Trustee or director, Officer
3$0$0
MARY JANE OWENSECRETARY
Trustee or director, Officer
3$0$0
J WESLEY GRANTPAST PRESIDE
Trustee or director, Officer
3$0$0
SHA JARBOEREGIONAL VP
Trustee or director, Officer
3$0$0
DEDRA CABANISSREGIONAL VP
Trustee or director, Officer
3$0$0
SLOANE RHODENREGIONAL VP
Trustee or director, Officer
3$0$0
BO EVANSREGIONAL VP
Trustee or director, Officer
3$0$0
TIMOTHY MILLSREGIONAL VP
Trustee or director, Officer
3$0$0

Address and contacts

Address (IRS master file)
522 WASHINGTON AVE, MONTGOMERY, AL 36104-4346
Principal officer (990 for 2025)
JEREMY WALKER, 522 WASHINGTON AVENUE, MONTGOMERY, AL 36104
Signed the 990
JEREMY WALKER, CHIEF EXECUTIVE
Phone
(334) 262-3808
Return prepared by
ALDRIDGE BORDEN & COMPANY PC

Mission

THE ASSOCIATION WAS FORMED TO UNITE ALABAMA REAL ESTATE PROFESSIONALS FOR THE PROTECTION AND ADVANCEMENT OF REAL ESTATE INTERESTS, TO ADOPT AND ENFORCE THE CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS, AND TO ENCOURAGE AND MAINTAIN HIGH STANDARDS OF CONDUCT IN THE TRANSACTION OF REAL ESTATE BUSINESS.

990 for the year ended December 31, 2025

Program accomplishments

  • LEGAL - PROVIDES RESEARCH ON REAL ESTATE-RELATED ISSUES, MONITORS REGULATORY AGENCIES, ANSWERS LEGAL QUESTIONS, AND DEVELOPS LEGAL FORMS.
  • PUBLIC POLICY - ADVOCATES FOR LEGISLATION THAT SUPPORTS THE REAL ESTATE INDUSTRY AND PROTECTS PRIVATE PROPERTY RIGHTS WHILE OPPOSING LEGISLATION THAT MAY THREATEN THESE RIGHTS IN ALABAMA.
  • ECONOMIC DEVELOPMENT AND CONSUMER OUTREACH - PROMOTES ALABAMA'S GROWTH, ECONOMIC DEVELOPMENT, AND REAL ESTATE INVESTMENT.
  • BUSINESS AND MEMBER SERVICES - DELIVERS COST-EFFECTIVE SERVICES TO MEMBERS AND BROKERS, INCLUDING THE REALTOR FOUNDATION, REALHEALTH, AND ERRORS AND OMISSIONS INSURANCE.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-0380775
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,666,967
Income (IRS master file)
$7,958,666

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,364,612$4,803,918$15,666,967XML
990December 2024$5,409,493$4,577,199$14,916,237IRS
990December 2023$5,241,320$4,304,743$13,901,942XML
990December 2022$5,755,580$3,983,154$12,863,799IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 63-0380775).

Questions about ALABAMA ASSOCIATION OF REALTORS INC

What is the EIN of ALABAMA ASSOCIATION OF REALTORS INC?
The employer identification number (EIN) of ALABAMA ASSOCIATION OF REALTORS INC is 63-0380775.
Is ALABAMA ASSOCIATION OF REALTORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
Are donations to ALABAMA ASSOCIATION OF REALTORS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ALABAMA 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 ALABAMA 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 ALABAMA 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 ALABAMA ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2025 names JEREMY WALKER.
Who are the officers and directors of ALABAMA ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $322,997 (JEREMY WALKER, CHIEF EXECUT).
How much revenue does ALABAMA ASSOCIATION OF REALTORS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,364,612, expenses of $4,803,918 and total assets of $15,666,967 at year end.

Other nonprofits in MONTGOMERY

All nonprofits in MONTGOMERY · Alabama