North Bay Association of Realtors
The North Bay Association of Realtors is a unified organization beneficially representing all aspects of organized real estate, dedicated to serving its members, the industry and the community through the promotion of professional standards and ethics, private property rights and services that increase the success of our members.
North Bay Association of Realtors at a glance
In short: North Bay Association of Realtors reported $12K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $12,000 — reported as a total on the IRS filing, without an itemized list
- +66.7% vs 2024
- Total assets
- $1,665,184
- +11.6% vs 2024
- Revenue (2025)
- $1,711,314
- +8.1% vs 2024
- Net investment income (2025)
- $120,594
- +142.9% vs 2024
- Expenses (2025)
- $1,657,612
- +7.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who North Bay Association of Realtors funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $7K (2024) to $48K (2020). In 2025 it reported $12K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,665,184 | $1,711,314 | $1,657,612 | $12,000 | Total only | $120,594 |
| 2024 | $1,492,170 | $1,583,328 | $1,540,991 | $7,200 | Total only | $49,657 |
| 2023 | $1,753,658 | $1,373,855 | $1,564,390 | $16,021 | Total only | $33,393 |
| 2022 | $1,759,059 | $1,298,477 | $1,486,466 | $10,490 | Total only | $-17,719 |
| 2021 | $1,865,459 | $1,375,618 | $1,359,535 | $10,805 | Total only | $123,925 |
| 2020 | $1,624,069 | $1,308,552 | $1,447,639 | $47,650 | 2 | $16,716 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About North Bay Association of Realtors
Based on IRS filings
North Bay Association of Realtors is a public charity, based in Santa Rosa, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it reported $12K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $121K.
Leadership & Key People
Officers and directors from IRS filings
North Bay Association of Realtors is led by Lisa Badenfort, Chief Executive Officer since 2023 (on filings since 2020); 3 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Lisa Badenfort
Chief Executive Officer
Governmental Affairs Director → Chief Executive Officer, 2023
On filings since 2020
40 hrs/week
$108K (2020) → $231K (2025)
Richard Selzer
President
Director → President-Elect, 2024
President-Elect → President, 2025
On filings since 2021
1 hr/week
No compensation reported
Teresa Biondi
Finance Director
On filings since 2022
40 hrs/week
$102K (2022) → $146K (2025)
Alexander Ackleson
Member Services Director
New on the 2025 filing
40 hrs/week
$104K (2025)
Carla Griffin
Director
On filings since 2022
1 hr/week
No compensation reported
Jan Loewen
Affiliate Director
On filings since 2022
1 hr/week
No compensation reported
Carmen Cervantes
Director
On filings since 2024
1 hr/week
No compensation reported
Dean Castelli
Director
On filings since 2024
1 hr/week
No compensation reported
Juan Nieto
Director
On filings since 2024
1 hr/week
No compensation reported
Lisa Sheppard
Director
New on the 2025 filing
1 hr/week
No compensation reported
Pamela Ruffino
Director
New on the 2025 filing
1 hr/week
No compensation reported
Karen Grotte
First Vice President
President → Past President, 2024
Past President → First Vice President, 2025
On filings since 2020
1 hr/week
No compensation reported
Kate Spadarotto
Past President
President-Elect → President, 2024
President → Past President, 2025
On filings since 2020
1 hr/week
No compensation reported
Heather Thurber
President-Elect
Director → Vice President, 2024
Vice President → President-Elect, 2025
On filings since 2021
1 hr/week
No compensation reported
George Lagoyda
Treasurer
Director → Director & Treasurer, 2024
Director & Treasurer → Treasurer, 2025
On filings since 2023
1 hr/week
No compensation reported
Former officers (25)
- Former: Lori Sacco (2021–2024) — Director
- Former: Diana Gorsiski (2022–2024) — Treasurer
- Former: Donald Walsh (2020–2023) — Director
- Former: Jeffrey Kram (2020–2023) — Past President
- Former: Lori Boatright (2020–2023) — First Vice President
- Former: Michelle Cardoza (2020–2023) — Director
- Former: Jennie Simpson (2022–2023) — Director
- Former: Larry Spiteri (2022–2023) — Director
- Former: Joseph Schneider (2023) — Governmental Affairs Director
- Former: Tracy Huotari (2020–2022) — Chief Executive Officer
- Former: Linda Tams (2021–2022) — Director
- Former: Eric Ziedrich (2022) — Director
- Former: Wendy Lynch (2022) — Director
- Former: Carol Lexa (2020–2021) — Past President
- Former: Desi Capaz (2020–2021) — Director
- Former: Jennifer Rochlin (2020–2021) — Director
- Former: Lori Segraves (2020–2021) — Director
- Former: Michael Regan (2020–2021) — Affiliate Director
- Former: Teresa Navarro (2020–2021) — Finance Director
- Former: Chris Wunderlich (2020) — Past President
- Former: Erin George (2020) — President-Elect
- Former: Terriann McGowan (2020) — Director
- Former: Theodore Weber (2020) — Treasurer
- Former: Trudy Sellars-Ramos (2020) — Director
- Former: Victoria Gindele (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $231K, to Lisa Badenfort (Chief Executive Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about North Bay Association of Realtors
How much does North Bay Association of Realtors give each year?
North Bay Association of Realtors reported $12K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $7K in grants paid.
How large is North Bay Association of Realtors?
North Bay Association of Realtors reported $1.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.7M.
Where does North Bay Association of Realtors operate?
North Bay Association of Realtors has awarded grants in California.
What is North Bay Association of Realtors's EIN?
North Bay Association of Realtors's EIN (Employer Identification Number) is 68-0370006. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 17, 2026)
- IRS filings on file for fiscal years 2020–2024
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North Bay Association of Realtors down — hundreds of funders to go?