The Mountain Home Multiple Listing Service was established as an independent subsidiary of the North Central Board of REALTORS in 1974 and changed to an MLS separately incorporated, but wholly owned, by the North Central Board of REALTORS in 1999 due to the NCBR applying for tax exempt status and could not qualify with MLS as a subsidiary. The NCBR is a non-profit coprporation and tax exempt while the MLS is a for-profit corporation and pays taxes, even though the MLS has tried to operate at a break even basis.