HAMPTONS & NORTH FORK REALTORS ASSOCIATION INC

PLATTSBURG, NY · EIN 113379806 · Form 990EZ · FY2023 · NTEE S47 · Community Improvement · Micro (<$100K) · hanfra.com

revenue

$52K

expenses

$52K

net assets

$-7K

employees

—

mission · from form 990

REAL ESTATE BOARD

profile · synthesized from sources

Hamptons & North Fork REALTORS® Association Inc. (HANFRA) is a professional trade association serving real estate agents and brokers in eastern Long Island, New York. It enforces ethical standards set by the National Association of REALTORS®, provides a multiple listing service (MLS) for members, and supports property ownership interests. The organization operates as a local board within a national real estate network.

named programs · 2 · from sources

What they call their work

Code of Ethics Orientation

Required training program for new REALTOR® members covering the ethical standards and obligations of membership, including arbitration responsibilities.

Multiple Listing Service (MLS)

A member-owned subsidiary corporation that maintains a shared database of property listings to facilitate cooperation among real estate professionals in the region.

activities · 6 groups

What they do

Real Estate Professional Association 4 activities
- Enhances public image of REALTOR® members
  
  Conducts initiatives to improve public perception of REALTOR® members, including branding requirements such as displaying the REALTOR "R" logo and promoting cooperative practices among agents.
- Facilitates property transactions in East End Long Island
  
  Supports members in buying and selling residential, commercial, and land properties across the East End of Long Island, including the Hamptons, North Fork, South Fork, Shelter Island, and Fishers Island.
- Operates multiple listing service (MLS)
  
  Owns and maintains a subsidiary multiple listing service (MLS) to provide comprehensive property data and support real estate transactions for members within the five eastern townships of Suffolk County, New York.
- Operates real estate board for member support
  
  Provides infrastructure and support services to realtors in the Hamptons and North Fork regions through collective action, including access to programs, products, and services designed to enhance affordability and professional effectiveness.
Professional Ethics & Dispute Resolution 2 activities
- Enforces REALTORS® Code of Ethics
  
  Maintains adherence to the NATIONAL ASSOCIATION OF REALTORS® Code of Ethics by requiring members to uphold high standards of conduct, including mandatory mediation and due process hearings for resolving claims of unethical behavior.
- Provides dispute resolution services
  
  Offers formal processes for arbitration and mediation to resolve disputes between REALTORS®, clients, and members, including written request procedures and access to ethical guidelines.
Industry Advocacy and Regulatory Engagement 1 activity
- Advocates for property rights and public policy
  
  Influences political affairs and public policy at local and national levels to promote and protect private property rights and advance the interests of real estate professionals.
Website Accessibility Implementation 1 activity
- Ensures website accessibility compliance
  
  Works to make its website accessible to individuals with disabilities in accordance with ADA standards, investigates reported issues, and provides alternative access to materials when feasible.
First-Time Homebuyer Support Services 1 activity
- Produces educational materials on responsible lending
  
  Co-produced and distributed educational brochures on predatory lending, traditional and nontraditional mortgages, FHA loans, and foreclosure prevention in collaboration with the Center for Responsible Lending, Federal Housing Administration, and U.S. Department of Housing and Urban Development.
Uncategorized 1 activity
- Manages intellectual property on website
  
  Provides a process for handling DMCA takedown notices related to infringing content posted on its website.

financials · form 990EZ · fy2023

revenue

Total revenue$52K

Contributions & grants$51K99%

Program service revenue$5961%

Investment income——

Other revenue—

expenses

Total expenses$52K

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits$39K

Grants paid out—

balance sheet

Total assets$5K

Cash—

Investments—

Liabilities—

Net assets$-7K

5 years on record · 2019–2023 · YoY revenue -5.3%

relationships · 20

Who they work with

Center for Responsible Lending Partner — Co-produced educational brochures on predatory lending, traditional, and nontraditional mortgages.
Center for Responsible Lending Partner — Collaborated on producing educational brochures about mortgage options and predatory lending.
Executive Officer Hamptons North Fork REALTORS® Association Government — Designated Copyright Agent for receiving and processing DMCA takedown notices.
Federal Housing Administration Partner — Co-produced educational brochure on FHA mortgages.
Federal Housing Administration Partner — Co-produced educational materials on FHA mortgages.
NATIONAL ASSOCIATION OF REALTORS® Network — HAMPTONS & NORTH FORK REALTORS ASSOCIATION INC is a member organization of the NATIONAL ASSOCIATION OF REALTORS®, allowing its members to use the REALTOR® designation and adhere to its Code of Ethics.
NATIONAL ASSOCIATION OF REALTORS® Network — Member organization that adheres to the Constitution, Bylaws, and Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS® and uses the REALTORS® trademark.
NATIONAL ASSOCIATION OF REALTORS® Network — Member organization whose members are licensed to use the REALTOR® designation
National Association of REALTORS Network — Member organization of the National Association of REALTORS (NAR), aligning with its Code of Ethics and standards.
National Association of REALTORS® Network — Member organization of the National Association of REALTORS® (NAR), granting members the REALTOR® designation.
National Association of REALTORS® Network — Member organization operating under the ethical and procedural guidelines of the National Association of REALTORS®.
National Association of Realtors Partner — Jointly produced educational brochures on mortgages and lending.
National Association of Realtors Partner — Jointly produced educational brochures on predatory lending, traditional and specialty mortgages.
New York State Association of REALTORS Network — Member organization of the New York State Association of REALTORS (NYSAR), participating in state-level real estate advocacy.
New York State Association of REALTORS® Network — Member organization affiliated with the New York State Association of REALTORS®, adhering to state-level professional standards.
New York State Association of REALTORS® Network — Member organization of the New York State Association of REALTORS® (NYSAR), supporting state-level professional affiliation.
Not specified Partner — No named organizational partners mentioned in the source text.
THE NEW YORK STATE ASSOCIATION OF REALTORS® Network — State-level affiliate with which the organization is united to further professional objectives at the state and national levels.
U.S. Department of Housing and Urban Development Government — Collaborated on production of educational materials about FHA mortgages and homeownership.
U.S. Department of Housing and Urban Development Government — Partnered on the production of educational resources about FHA mortgages and homeownership.

strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

Collective Affordability through Shared Resources

methodology: collective_affordability
By pooling member resources and leveraging collective bargaining power, the organization increases access to tools, services, and benefits at lower costs than individual practitioners could obtain alone, thereby enhancing membership value and professional capacity.
Consumer Financial Education to Promote Informed Decision-Making

methodology: consumer_financial_education
By providing educational resources on mortgage products and predatory lending risks, the organization empowers consumers to make informed financial choices because knowledge reduces vulnerability and improves transaction outcomes.
Cooperative Marketing and Listing Networks to Improve Transaction Efficiency

methodology: cooperative_marketing_network
By enabling cooperative relationships among agents through shared listing services and marketing infrastructure, the organization increases the probability of successful property sales because broader exposure and collaboration reduce time-on-market and improve buyer-seller matching.
Ethics-Based Professionalism to Build Consumer Trust

methodology: ethics-based_membership
By requiring adherence to the NATIONAL ASSOCIATION OF REALTORS® Code of Ethics—beyond state licensing mandates—and enforcing it through mediation and disciplinary mechanisms, the organization strengthens public trust in real estate transactions because ethical conduct signals integrity and accountability.
Mandatory Mediation for Early Dispute Resolution

methodology: mandatory-mediation
By requiring mediation as a first step in conflict resolution, the organization de-escalates disputes and promotes mutually acceptable outcomes because neutral third-party facilitation encourages communication and reduces adversarial processes.