2024-08-15T12:17:40-05:00 2023-09-30 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2022-10-01 814458240 PGCAR HOLDINGS LLC PGCA 3013067900 8300 CORPORATE DRIVE 100 LANDOVER MD 20785 MICHAEL GRAZIANO EXECUTIVE VICE PRESIDENT 3013067900 2024-08-14 1 0 DANIEL L WEAVER P01249346 3019860600 2024-08-14 2022 2024-08-08 14:25:15Z MICHAEL GRAZIANO 8300 CORPORATE DRIVE 100 LANDOVER MD 20785 852454 0 X X 2016 MD PGAR HOLDINGS, LLC IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY ON BEHALF OF PRINCE GEORGE'S COUNTY ASSOCIATION OF REALTORS, INC. (PGCAR). 5 5 0 5 0 0 500000 500000 342777 352454 0 0 24 0 842801 852454 0 0 0 0 0 0 0 0 0 257951 232927 257951 232927 584850 619527 2606730 2644778 969093 387614 1637637 2257164 PGAR HOLDINGS, LLC IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY ON BEHALF OF PRINCE GEORGE'S COUNTY ASSOCIATION OF REALTORS, INC. (PGCAR). 0 0 PGAR HOLDINGS, LLC HOLDS TITLE TO PROPERTY FOR THE PURPOSE OF RENTING AND TURNING NET PROCEEDS OVER TO PGCAR. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 3013067900 8300 CORPORATE DRIVE 100 LANDOVER MD 20785 GENE SEMENTILLI PRESIDENT 0.50 15.00 X X 0 0 0 ARNITA GREENE PRESIDENT - ELECT 0.50 5.00 X X 0 0 0 CAROLE WEBB SECRETARY 0.50 5.00 X X 0 0 0 PAUL LANCASTER TREASURER 0.50 5.00 X X 0 0 0 RACHEL JEFFERIES PAST PRESIDENT 0.50 5.00 X X 0 0 0 MICHAEL GRAZIANO EXECUTIVE VICE PRESIDENT 2.00 40.00 X 0 175235 20011 0 175235 20011 0 0 1 0 0 500000 500000 RENTAL REVENUE 900099 352454 352454 352454 852454 352454 0 0 15000 1505 1671 162572 52179 232927 258629 348856 2501663 267314 2278565 2234349 60388 52425 9148 9148 2606730 2644778 13626 13369 18573 19121 926778 345007 10116 10117 969093 387614 X 1637637 2257164 1637637 2257164 2606730 2644778 619527 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 777251 777251 1724412 267314 1457098 2234349 TENANT DEPOSITS 10117 10117 X PART X, LINE 2: THE ASSOCIATION FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC), WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ASSOCIATION'S FINANCIAL STATEMENTS, IF ANY. AS OF SEPTEMBER 30, 2023 AND 2022, THE ASSOCIATION HAD NO UNRECOGNIZED TAX BENEFITS RELATED TO UNCERTAIN TAX POSITIONS IN ITS INFORMATION RETURN THAT WOULD QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN ITS CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, THERE WERE NO MATTERS THAT WOULD HAVE RESULTED IN AN ACCRUAL FOR INTEREST AND PENALTIES. THE ASSOCIATION'S INFORMATION TAX RETURNS THAT HAVE BEEN FILED FOR THE YEARS ENDED SEPTEMBER 30, 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY FEDERAL, STATE, AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THE THREE YEARS AFTER THEY WERE FILED. 0 0 0 MICHAEL GRAZIANO EXECUTIVE VICE PRESIDENT 0 175235 0 0 0 0 0 6573 0 13438 0 195246 0 0 FORM 990, PART VI, SECTION A, LINE 6 PGAR HOLDINGS, LLC'S SOLE MEMBER IS PGCAR AND IS GOVERNED BY PGCAR'S OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A PGCAR MEMBERSHIP VOTES TO ELECT MEMBERS AND OFFICERS OF THE BOARD. CANDIDATES SUBMIT AN APPLICATION AND A COMMITTEE OF BOARD MEMBERS VERIFIES THE CREDENTIALS OF THE CANDIDATE. ONCE THE CANDIDATE'S APPLICATION HAS BEEN APPROVED, THEY ARE INCLUDED ON THE BALLOT THAT MEMBERSHIP RECEIVES. FORM 990, PART VI, SECTION A, LINE 7B PGCAR MEMBERS VOTE TO APPROVE BY-LAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WERE PROVIDED A COPY OF THE FORM 990. THE FORM 990 WAS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF A DECISION MAKING GROUP (SUCH AS THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, AND OFFICERS) WILL ANNUALLY DISCLOSE, IN WRITING, ANY POTENTIAL CONFLICTS, AND WILL NOT PARTICIPATE (EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION) IN ANY DISCUSSIONS OR DECISIONS RELATIVE TO THAT BUSINESS. FORM 990, PART VI, SECTION C, LINE 19 ANNUAL FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND THE GOVERNING DOCUMENTS ARE AVAILABLE AT PGCAR'S OFFICE BY APPOINTMENT. NOTICE IS PROVIDED ON THE WEBSITE AT WWW.PGCAR.COM. FORM 990, NOTE: THE RETURN WAS FILED BEFORE THE CONSOLIDATED FINANCIAL STATEMENTS WERE FINALIZED. IF REQUIRED THE RETURN WILL BE AMENDED ONCE THE CONSOLIDATED FINANCIAL STATEMENTS ARE FINALIZED. PRINCE GEORGE'S COUNTY ASSOCIATION OF REALTORS INC 8300 CORPORATE DRIVE 100 LANDOVER MD 20785 520692242 REPRESENT REALTORS AND INDUSTRY RELATED PROFESSIONALS THROUGHOUT PG COUNTY. MD 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PRINCE GEORGE'S COUNTY ASSOCIATION OF REALTORS INC C 500000 CASH