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MIBOR REALTOR ASSOCIATION INC

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Public IRS 990 nonprofit record

MIBOR REALTOR ASSOCIATION INC

EIN 35-0413700 · Printing & Publishing (A33)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$104.43spent for every $100 of revenueSpending was higher than revenue this year.
$2.12in assets for every $1 spent this yearSome assets cannot be spent right away.
55.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $247,547 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $403,215 for SHELLEY SPECCHIO (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$5,582,964
Expenses$5,830,511
Annual shortfall $247,547 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$5,582,964
Expenses$5,830,511
Assets$12,342,030
Income$6,276,619
Contributions$3,106,980
Grants given$278,043
Average grant$34,755
Stocks and bonds$2,821,916
Accounting fees$41,934
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SHELLEY SPECCHIOCEO · 40 hrs/week $403,215Base $350,099 · Other $53,116
PATRICK CLINECHIEF LEGAL COUNSEL · 40 hrs/week $228,585Base $175,464 · Other $53,121
CHRISTOPHER PRYORVP - GOVT AND COMMUNICATION · 40 hrs/week $221,997Base $175,768 · Other $46,229
SHERRI PADGETTCHIEF FINANCIAL OFFICER · 40 hrs/week $180,033Base $159,069 · Other $20,964
JOEL WELCHVP - INFORMATION TECHNOLOGY · 40 hrs/week $124,094Base $109,450 · Other $14,644

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

SHELLEY SPECCHIOCEO

PATRICK CLINECHIEF LEGAL COUNSEL

CHRISTOPHER PRYORVP - GOVT AND COMMUNICATION

SHERRI PADGETTCHIEF FINANCIAL OFFICER

JOEL WELCHVP - INFORMATION TECHNOLOGY

ZACH MILLERPRESIDENT ELECT

ANNE CARUSOPRESIDENT

TIAMIA REESEDIRECTOR

STEVE THOMPSONDIRECTOR

ROBYN BREECEDIRECTOR

NATALIE HIGHTOWERDIRECTOR

LEE ANN BALTADIRECTOR

KEITH TURNBILLDIRECTOR

JUSTIN STRANGESECRETARY/TREASURER

JERROD KLEINDIRECTOR

GLENN BILLDIRECTOR

DUSTIN SICKINGERDIRECTOR

About this charity

Recognized since
January 1985
Location
1912 NORTH MERIDIAN STREET, INDIANAPOLIS, IN 46202
County
Marion
In care of
SHELLEY SPECCHIO
Primary officer
SHELLEY SPECCHIO, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BARNES DENNIG & CO LTD
NTEE classification
Printing & Publishing (A33)
IRS tax category
Printing & Publishing
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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