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Nonprofit · EIN 84-0671897

DURANGO AREA ASSOCIATION OF REALTORS INC

Tax-exempt · DURANGO, CO 81301

Financials

$386K$384K2024
Revenue Expenses · by fiscal year end
Financials of DURANGO AREA ASSOCIATION OF REALTORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$385,759$383,530$2,229$467,724$6,544$461,180
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$356,702
Investment income
$4,979
Net rental income
$31,896
Net income from fundraising events
-$8,218
Other revenue
$24,078

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$93,132
Other salaries and wages
$97,405
Salaries, compensation and benefits (total)
$205,815
Professional fundraising fees
$0
Legal fees
$16,839
Accounting fees
$11,000
Travel
$39,394
Depreciation
$10,857

Balance sheet and other

Total assets, start of year
$458,681
Total assets, end of year
$467,724
Total liabilities, end of year
$6,544
Net assets, end of year
$461,180
Land, buildings and equipment
$330,894
Gross receipts
$440,626
Employees
3
Volunteers
0
Year formed
1974
State of legal domicile
CO

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
AMANDA ERICKSONEXECUTIVE DIRECTOR
Officer
40$93,132
KAYDEN HYSONPRESIDENT
Trustee or director, Officer
2$0
SIERRA FULLERTONPRESIDENT ELECT
Trustee or director, Officer
2$0
DEVEN MEININGERDIRECTOR
Trustee or director
2$0
LOGAN AUSTINDIRECTOR
Trustee or director
2$0
JOHN GILLAMDIRECTOR
Trustee or director
2$0
REBECCA BALBONIDIRECTOR
Trustee or director
2$0
CARRIE HLADIKDIRECTOR
Trustee or director
2$0
LINDSAY LUBRANTDIRECTOR
Trustee or director
2$0
GAYLE WEBSTERDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
125 EAST 32ND STREET STE 1, DURANGO, CO 81301-4382
In care of
% AMANDA ERICKSON
Principal officer (990 for 2024)
AMANDA ERICKSON, 125 E 32ND ST, DURANGO, CO 81301
Signed the 990
AMANDA ERICKSON, EXECUTIVE DIRECTOR
Phone
(970) 247-9604
Return prepared by
MBE CPAS LLP

Mission

THE MISSION OF THE DURANGO AREA ASSOCIATION OF REALTORS, AN INNOVATIVE TRADE ORGANIZATION OF REAL ESTATE PROFESSIONALS, IS TO SERVE AND SUPPORT OUR MEMBERS, ADVOCATE FOR HOME OWNERSHIP, AND PROMOTE REAL PROPERTY RIGHTS BY UTILIZING OUR BROAD RANGE OF ASSETS AND RESOURCES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION OFFERS PROFESSIONAL AND CAREER DEVELOPMENT PROGRAMS THAT ALLOW MEMBERS TO ELEVATE THEIR BUSINESS AND REAL ESTATE SKILLSETS AS WELL AS PROVIDE CONTINUING EDUCATION TO MAINTAIN THEIR REAL ESTATE LICENSE. THESE PROGRAMS ARE OFFERED ONLINE AND IN PERSON, WHICH IS CONDUCTED ON SITE AT THE ORGANIZATION'S MAIN OFFICE. ORGANIZING AND CONDUCTING THIS ACTIVITY ACCOUNTS FOR 50 PERCENT OF THE TOTAL ORGANIZATION TIME. THIS ACTIVITY IS PRIMARILY FUNDED BY MEMBER DUES AND ACCOUNTS FOR A PERCENTAGE OF THE ORGANIZATION'S EXPENSES. THIS FURTHER THE ORGANIZATION'S EXEMPT PURPOSE BY SUPPORTING THE TRADE/INDUSTRY AND ALLOWING MEMBERS TO BE MORE EFFECTIVE IN THEIR TRADE WHILE ALSO ENFORCING AND APPLY POLICIES, PROCEDURES AND SYSTEMS CREATED BY THE NATIONAL ASSOCIATION OF OF REALTORS. THE ORGANIZATION ATTENDS LOCAL, REGIONAL, & STATE BOARD MEETING, AND ZONING MEETINGS. THE ORGANIZATION ALSO ASSISTS LOCAL, REGIONAL, & STATE MEETINGS BY ADVOCATING FOR THE INDUSTRY.
    Expenses $336,975 · revenue $393,977

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, 2024Check at the IRS

IRS record

EIN
84-0671897
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$467,724
Income (IRS master file)
$440,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$385,759$383,530$467,724IRS

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 84-0671897).

Questions about DURANGO AREA ASSOCIATION OF REALTORS INC

What is the EIN of DURANGO AREA ASSOCIATION OF REALTORS INC?
The employer identification number (EIN) of DURANGO AREA ASSOCIATION OF REALTORS INC is 84-0671897.
Is DURANGO AREA ASSOCIATION OF REALTORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
Are donations to DURANGO AREA ASSOCIATION OF REALTORS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DURANGO 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 DURANGO AREA ASSOCIATION 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 DURANGO 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 December 2024.
Who is the principal officer of DURANGO AREA ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 names AMANDA ERICKSON.
Who are the officers and directors of DURANGO AREA ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $93,132 (AMANDA ERICKSON, EXECUTIVE DIRECTOR).
How much revenue does DURANGO AREA ASSOCIATION OF REALTORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $385,759, expenses of $383,530 and total assets of $467,724 at year end.

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