Catawba Valley Association of Realtors Inc

The Catawba Valley Association of Realtors Inc is a nonprofit organization serving as a Real Estate Board of Realtors in the Hickory, North Carolina area. With an Employer Identification Number (EIN) of 56-1030856, it plays a crucial role in supporting its members through various programs and affiliations.

History

The origins of the Catawba Valley Association of Realtors trace back to 1948 when the National Association of REALTORS® awarded a charter to the Hickory Board of Realtors with just five members. Over the years, the organization evolved and expanded, with a name change to the Hickory-Catawba Valley Board of Realtors. This evolution included the incorporation of the Hickory Board in 1972 and a merger in 1995 between the Hickory-Catawba Valley Board of Realtors and the Lenoir Board of Realtors, resulting in the formation of the Catawba Valley Association of Realtors (CVAR) as it is known today[3].

Mission and Focus

The mission of CVAR is to serve its members by strengthening their ability to conduct business ethically, professionally, and successfully. For the year 2024, the association's focus areas are connection, purpose, and expertise[1][2]. These objectives are designed to enhance member networking, professional development, and business acumen.

Membership and Structure

As of the latest available data, CVAR has approximately 669 REALTOR® members and about 79 Affiliate Members. This membership base includes a diverse range of real estate professionals from across the Catawba Valley region[3].

Programs and Affiliations

CVAR is affiliated with both state and national Realtors associations, maintaining close ties with organizations like the North Carolina Association of REALTORS® (NCAR) and the National Association of REALTORS® (NAR). These affiliations enable CVAR to offer its members resources and networking opportunities that span local, state, and national levels[4][5].

Financial Overview

Financial data indicates that CVAR generates significant revenue, with a reported income of $112,415, while expenses include dues paid to NCAR and NAR, amounting to $21,284[5]. This financial structure supports the association's various programs and activities aimed at supporting its members.

Role in the Community

Through its efforts, CVAR contributes to the development of the real estate industry in the Catawba Valley area, fostering ethical business practices and professional excellence among its members. The association's activities help promote economic growth and stability in the local community by facilitating real estate transactions and providing essential resources for real estate professionals.