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Filing year 2024

IOWA ASSOCIATION OF REALTORS

West Des Moines, Iowa·EIN 42-0626937·6
Total revenue
$4.1M
Total assets
$6.2M
Total expenses
$4.1M
Reported officers
31
Mission

TO UNITE REAL ESTATE LICENSEES OF THE STATE OF IOWA AND LOCAL BOARDS OF REALTORS FOR THE PURPOSE OF EXERTING EFFECTIVELY A COMBINED INFLUENCE UPON MATTERS AFFECTING REAL ESTATE TO ELEVATE THE STANDARDS OF THE REAL ESTATE BUSINESS THROUGHOUT THE STATE (SEE SCHEDULE O). AND THE PROFESSIONAL CONDUCT OF PERSONS ENGAGED THEREIN. TO ASSIST ITS MEMBERS IN IMPROVING AND MAKING MORE EFFICIENT THEIR BUSINESS BY THE ADOPTION OF SERVICES, RULES AND REGULATIONS AS MAY BE DEEMED PROPER. TO ASSIST IN THE ENFORCEMENT OF THE CODE OF IOWA, PARTICULARLY AS TO THOSE PORTIONS THEREOF REGULATING TO THE PRACTICES AND OPERATIONS OF THE REAL ESTATE BROKERS AND SALESPERSONS. TO EDUCATE AND INFORM MEMBERS ON ISSUES. TO SUPPORT PUBLIC POLICY AND PUBLIC OFFICIALS RELATING TO REAL ESTATE.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Base
$228k
Bonus
$10k
Other
Benefits
$21k
Director of Board Services
highest compensated employee
$152k
$163k
Base
$120k
Bonus
$10k
Other
Benefits
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Up 3%
from 2023

From $264k in 2023 to $273k in 2024.

$264k
2023
$273k
2024
In today's dollarsEst.
Up 1% in real terms$292k to $294k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IOWA ASSOCIATION OF REALTORS reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.8M
$3.9M
2023
$4.1M
$4.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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