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Filing year 2024

VIRGINIA ASSOCIATION OF REALTORS

Glen Allen, Virginia·EIN 54-0461014·501(c)(6)
Total revenue
$9.7M
Total assets
$26M
Total expenses
$9.9M
Reported officers
45
Mission

THE ASSOCIATION WAS ORGANIZED TO UNITE ITS MEMBERSHIP IN ACTIVITIES TO EFFECTIVELY EXERT A COMBINED INFLUENCE UPON MATTERS AFFECTING THE REAL ESTATE INDUSTRY, TO ELEVATE THE STANDARDS OF THE REAL ESTATE INDUSTRY THROUGHOUT THE STATE AND TO PROMOTE THE PROFESSIONAL AND ETHICAL CONDUCT OF PERSONS ENGAGED THEREIN, AND TO PROMOTE THE COMMON BUSINESS INTERESTS OF THE REAL ESTATE INDUSTRY. IN FURTHERANCE OF THESE EXEMPT PURPOSES THE ASSOCIATION PROVIDES EDUCATION AND PROGRAMS SPECIFIC TO THE INDUSTRY, SPONSORS THE ANNUAL CONVENTION, DEVELOPS AND UPDATES FORMS THAT REFLECT VIRGINIA LAW AS IT RELATES TO THE REAL ESTATE INDUSTRY, AND ACTS AS A LIASON BETWEEN VIRGINIA REALTORS AND STATE GOVERNMENT.

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.

CEO
Above 90th percentile
$554k
$588k
Base
$448k
Bonus
$84k
Other
Benefits
$2k
Interim CEO
Above 90th percentile
$359k
$381k
Base
$282k
Bonus
$60k
Other
Benefits
$10k
Coo/cfo
Highest Compensated Employee
75th to 90th percentile
$350k
$371k
Base
$286k
Bonus
$40k
Other
Benefits
$8k
Senior Vp/general Counsel
Highest Compensated Employee
75th to 90th percentile
$332k
$352k
Base
$267k
Bonus
$40k
Other
Benefits
$9k
Chief Programs Officer
Chief Program Officer
75th to 90th percentile
$228k
$242k
Base
$177k
Bonus
$30k
Other
Benefits
$8k
Senior VP of Government Re
Senior Vice President
Median to 75th percentile
$226k
$240k
Base
$195k
Bonus
$10k
Other
Benefits
$9k
Senior Vp/chief Economist
Highest Compensated Employee
Median to 75th percentile
$226k
$239k
Base
$195k
Bonus
$10k
Other
Benefits
$9k

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 38 unpaid individuals.

Down 8%
from 2023

From $603k in 2023 to $554k in 2024.

$603k
2023
$554k
2024
In today's dollarsEst.
Down 11% in real terms$659k to $588k

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 fell 8% from 2023 to 2024, while revenue rose 2%.

$603k in 2023 to $554k in 2024.
  • Highest Compensated Employee pay rose 1% from 2023 to 2024.
  • Senior Vice President pay rose 2% 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

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

RevenueExpenses
$9.5M
$9.5M
2023
$9.7M
$9.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VIRGINIA ASSOCIATION OF REALTORS

What does the Chief Executive Officer of VIRGINIA ASSOCIATION OF REALTORS earn?

In 2024, the Chief Executive Officer of VIRGINIA ASSOCIATION OF REALTORS received $554,280 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 VIRGINIA ASSOCIATION OF REALTORS compare with similar nonprofits?

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

What are VIRGINIA ASSOCIATION OF REALTORS's revenue and expenses?

In 2024, VIRGINIA ASSOCIATION OF REALTORS reported $9.7M in total revenue and $9.9M in total expenses on its IRS Form 990.

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