EIN 85-0108246

Greater Albuquerque Association of Realtors (GAAR)

IRS 501(c) type
501(c)(6)
Num. employees
23
Year formed
1921
Most recent tax filings
2023-12-01
Description
GAAR represents the growing region of Central New Mexico, which includes Bernalillo, Valencia, Sandoval, Torrance parts of Socorro and Santa Fe Counties, and is recognized as the leading provider of real estate information services and data in New Mex...
Total revenues
$2,496,744
2023
Total expenses
$1,996,527
2023
Total assets
$13,480,927
2023
Num. employees
23
2023

Program areas at GAAR

Member services: provides for membership meetings to provide information on the status of the industry and to provide discounted costs on services to members.
Professional standards: provides for enforcement of ethical standards among real estate practitioners and provides for disciplinary actions as needed.
Education: provide training to members and non-members for legal and other matters relating to the real estate industry at a minimal cost to enhance knowledge of the industry.
Public relations: provide information to the general public through news releases and publications on activity in the local real estate market and current market trends.

Grants made by GAAR

GranteeGrant descriptionAmount
Albuquerque Community FoundationAid in Abq Housing$94,043

Who funds Greater Albuquerque Association of Realtors (GAAR)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Association of RealtorsGeneral Support$11,000
Stanley H Mathis FoundationCips Course$5,500

Personnel at GAAR

NameTitleCompensation
Kent CravensChief Executive Officer$210,850
Nathan BrooksChief Operating Officer$89,608
Nicholas FowlerChief Financial Officer$109,865
Melody MarProfesor Standa$94,253
Richard GibbensMLS Director$113,183

Financials for GAAR

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,080,891
Program services$722,015
Investment income and dividends$160,646
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$33,452
Net gain from sale of non-inventory assets$5,534
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$28,072
Miscellaneous revenues$466,134
Total revenues$2,496,744

Form 990s for GAAR

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990View PDF
2022-122023-07-18990View PDF
2021-122022-08-19990View PDF
2020-122021-06-30990View PDF
2019-122020-12-14990View PDF
...and 9 more Form 990s
Data update history
January 3, 2025
Received grants
Identified 1 new grant, including a grant for $11,000 from National Association of Realtors
November 2, 2024
Updated personnel
Identified 14 new personnel
October 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 21, 2024
Updated personnel
Identified 5 new personnel
August 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Trade associationsBusiness and community development organizationsReal estate organizations
Issues
Business and industry
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
1635 University Blvd Ne
Albuquerque, NM 87102
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
gaar.com/ 
Phone
(505) 842-1433
Facebook page
ABQRealtors 
Twitter profile
@abqrealtors 
IRS details
EIN
85-0108246
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1921
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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