Powered by CharityEZ

Charity report ready

LEXINGTON-BLUEGRASS ASSOCIATION OF REALTORS INC DBA BLUEGRASS REALTORS

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

LEXINGTON-BLUEGRASS ASSOCIATION OF REALTORS INC DBA BLUEGRASS REALTORS

EIN 61-0464019 · Real Estate Associations (S47)

What they do

BLUEGRASS REALTORS PROVIDES A SERVICE to UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES of THE REAL ESTATE PROFESSION for THE PURPOSE of EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION and RELATED INTEREST, to PROVIDE A UNIFIED MEDIUM for REAL ESTATE OWNERS and THOSE ENGAGED IN THE REAL ESTATE PROFESSION WHEREBY THEIR INTERESTS MAY BE SAFEGUARDED and ADVANCED, to PROMOTE and MAINTAIN THE HIGH STANDARDS of CONDUCT IN THE REAL ESTATE PROFESSION AS EXPRESSED IN THE CODE of ETHICS of THE NATIONAL ASSOCIATION of REALTORS, to FURTHER THE INTEREST of HOME and OTHER REAL PROPERTY OWNERSHIP, to UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THIS COMMUNITY WITH THE KENTUCKY ASSOCIATION of REALTORS and THE NATIONAL ASSOCIATION of REALTORS, THEREBY FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE and NATION, and OBTAINING THE BENEFITS and PRIVILEGES of MEMBERSHIP THEREIN, to DESIGNATE, for THE BENEFIT of THE PUBLIC, INDIVIDUALS AUTHORIZED to USE THE TERMS REALTOR and REALTORS AS

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 2025The charity has a recent tax report to read.

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

They name their leaders22 people are listed in the latest report.

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

Money made simple

107.34%of revenue went to mission work100.0% of expenses · Program services
$107.34spent for every $100 of revenueSpending was higher than revenue this year.
$5.10in assets for every $1 spent this yearSome assets cannot be spent right away.
88.0%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 $146,033 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $72,662 for RICHARD GIBBONS (FORMER 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 2025

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.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,989,735
Mission workProgram services$2,135,768107.34% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$2,135,768107.34% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$1,989,735
Expenses$2,135,768
Annual shortfall $146,033 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,135,768 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,989,735
Expenses$2,135,768
Assets$10,900,175
Income$3,063,946
Contributions$1,751,682
Mission work (program services)$2,135,768
Stocks and bonds$6,858,135
Accounting fees$82,300
People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation
RICHARD GIBBONSFORMER CEO · 10 hrs/week $72,662Base $54,295 · Other $18,367
KATRINA BOWERSINTERIM CEO · 10 hrs/week $69,107Base $43,093 · Other $26,014
JONATHAN COOPEREMPLOYEE · 40 hrs/week $65,670Base $52,355 · Other $13,315
TODD HYATTPRESIDENT · 2 hrs/week $18,000
RICHARD MCGONIGLEEMPLOYEE · 40 hrs/week $17,331Base · Other $17,331
MIKE INMANPRESIDENT-ELECT · 2 hrs/week $12,000
PAULA ELDERTREASURER · 2 hrs/week $6,000

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 (22)

RICHARD GIBBONSFORMER CEO

KATRINA BOWERSINTERIM CEO

JONATHAN COOPEREMPLOYEE

TODD HYATTPRESIDENT

RICHARD MCGONIGLEEMPLOYEE

MIKE INMANPRESIDENT-ELECT

PAULA ELDERTREASURER

KEVIN VERHOVENDIRECTOR

TRACI WILLISDIRECTOR

RUBY MASONDIRECTOR

RANDY NEWSOMEDIRECTOR

PAM JURYDIRECTOR

MARY ANN HOLLONDIRECTOR

ALICIA HUFFDIRECTOR

JONAH MITCHELLDIRECTOR

JOHN GROFTDIRECTOR

JEFF GREENDIRECTOR

HANNAH PORTERDIRECTOR

GEORGE COOMERDIRECTOR

DAPHNE JEWELLDIRECTOR

DANIEL CARMACKDIRECTOR

BARRY TURNERDIRECTOR

About this charity

Recognized since
January 2025
Location
2250 REGENCY RD, LEXINGTON, KY 40503-2353
County
Fayette
In care of
% BLUEGRASS REALTORS
Primary officer
KATRINA BOWERS, INTERIM CEO

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
YOUNG & WADLINGTON PLLC
NTEE classification
Real Estate Associations (S47)
IRS tax category
Real Estate Associations

Thanks for caring! Learning about a charity is a great first step toward giving back.

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

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free