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Filing year 2024

MIBOR REALTOR ASSOCIATION INC

Indianapolis, Indiana·EIN 35-0413700·501(c)(6)
Total revenue
$5.6M
Total assets
$12.3M
Total expenses
$5.8M
Reported officers
17
Mission

MIBOR REALTOR ASSOCIATION, INC. (MIBOR) FORMED FOR THE PURPOSE OF DISCOVERING AND PROMOTING ACTIVITIES IN THE BEST INTEREST OF THE COMMUNITY AND OF ITS MEMBERS WITH RESPECT TO REAL PROPERTY, ITS OWNERSHIP AND USE, TOWARD PROVIDING A BETTER COMMUNITY IN WHICH TO LIVE AND WORK. ITS ACTIVITIES INCLUDE DEVELOPING AND PUBLICIZING THE BENEFITS INHERENT IN OWNERSHIP OF REAL PROPERTY, FACILITATING ITS EXCHANGE, DEVELOPMENT, MANAGEMENT, FINANCING, AND CONSTRUCTION; ASSEMBLING AND DISSEMBLING INFORMATION PERTINENT TO ALL PHASES OF REAL PROPERTY OWNERSHIP AND ACTIVITY; REQUIRING A HIGH STANDARD OF ETHICS; IMPROVING STANDARDS OF PRACTICE; PROMOTING COOPERATION AND STIMULATING EDUCATION ON THE PART OF ALL THOSE WHOSE BUSINESS ACTIVIITY RELATES TO REAL PROPERTY. MIBOR PARTICIPATES IN CIVIC ACTIVITY RELATING TO REAL PROPERTY, INCLUDING BUT NOT LIMITED TO PLANNING, ZONING, TAXATION, AND URBAN RENEWAL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$403k
$434k
Base
$350k
Bonus
Other
Benefits
$35k
Chief Legal Counsel
Highest Compensated Employee
Median to 75th percentile
$229k
$246k
Base
$175k
Bonus
Other
Benefits
$35k
VP - Govt and Communication
Vice President
75th to 90th percentile
$222k
$239k
Base
$176k
Bonus
Other
Benefits
$35k
Chief Financial Officer
75th to 90th percentile
$180k
$194k
Base
$159k
Bonus
Other
Benefits
$21k
VP - Information Technology
Board Vice President
25th percentile to median
$124k
$133k

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 12 unpaid individuals.

Up 5%
from 2023

From $386k in 2023 to $403k in 2024.

$386k
2023
$403k
2024
In today's dollarsEst.
Up 2% in real terms$426k to $434k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue fell 1%.

$386k in 2023 to $403k in 2024.
  • Chief Financial Officer pay rose 48% from 2023 to 2024.
  • Board Vice President pay fell 42% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

MIBOR REALTOR ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.6M
$5.3M
2023
$5.6M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MIBOR REALTOR ASSOCIATION INC

What does the Chief Executive Officer of MIBOR REALTOR ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of MIBOR REALTOR ASSOCIATION INC received $403,215 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MIBOR REALTOR ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MIBOR REALTOR ASSOCIATION INC falls in the top 10%.

What are MIBOR REALTOR ASSOCIATION INC's revenue and expenses?

In 2024, MIBOR REALTOR ASSOCIATION INC reported $5.6M in total revenue and $5.8M in total expenses on its IRS Form 990.

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