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Filing year 2024

Richmond Association of Realtors Inc

Richmond, Virginia·EIN 54-0357560·501(c)(6)
Total revenue
$5.3M
Total assets
$35M
Total expenses
$4.8M
Reported officers
15
Mission

To unite, promote and educate the realtor and the real estate profession.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$438k
$465k
Base
$423k
Bonus
Other
Benefits
$9k
Chief Operating Officer
75th to 90th percentile
$225k
$239k
Base
$192k
Bonus
Other
Benefits
$27k
Vp, Information Technology
Board Vice President
Median to 75th percentile
$174k
$185k
Base
$156k
Bonus
Other
Benefits
$12k
Vp, Finance
Board Vice President
Median to 75th percentile
$166k
$176k
Base
$152k
Bonus
Other
Benefits
$8k
Vp, Mls & Member Services
Board Vice President
Median to 75th percentile
$166k
$176k
Base
$152k
Bonus
Other
Benefits
$8k
Vp, Government Affairs
Board Vice President
Median to 75th percentile
$162k
$172k
Base
$156k
Bonus
Other
Benefits
$6k
Vp, Risk Mgmt & Broker
Vice President
75th to 90th percentile
$159k
$169k
Base
$145k
Bonus
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 8 unpaid individuals.

Up 21%
from 2023

From $361k in 2023 to $438k in 2024.

$361k
2023
$438k
2024
In today's dollarsEst.
Up 18% in real terms$394k to $465k

Estimated with BLS CPI-U for the South 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 21% from 2023 to 2024, while revenue rose 22%.

$361k in 2023 to $438k in 2024.
  • Board Vice President pay rose 3% from 2023 to 2024.
  • Vice President pay rose 6% 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

Richmond Association of Realtors Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.3M
$4.4M
2023
$5.3M
$4.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Richmond Association of Realtors Inc

What does the Chief Executive Officer of Richmond Association of Realtors Inc earn?

In 2024, the Chief Executive Officer of Richmond Association of Realtors Inc received $437,937 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 Richmond Association of Realtors 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 Richmond Association of Realtors Inc falls in the top 10%.

What are Richmond Association of Realtors Inc's revenue and expenses?

In 2024, Richmond Association of Realtors Inc reported $5.3M in total revenue and $4.8M in total expenses on its IRS Form 990.

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