2024-11-04T10:57:04-06:00 2023-12-31 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2023-01-01 430496480 ST LOUIS ASSOCIATION OF REALTORS STLO 3145760033 12777 OLIVE BLVD ST LOUIS MO 631416210 RICHARD CAPELLI CFO 3145760033 2024-11-01 1 0 KIMBERLY A RYAN P00829977 3142903300 2023 2024-10-15 13:58:12Z ST LOUIS REALTORS DANIEL SALE 12777 OLIVE BLVD ST LOUIS MO 631416210 3643570 0 X WWW.STLREALTORS.COM X 1957 MO ITS MOST SIGNIFICANT ACTIVITIES ENHANCE THE PROFESSIONALISM AND PROMOTE HIGH ETHICAL STANDARDS AMONG REALTORS AND ADVOCATE PRIVATE PROPERTY RIGHTS THROUGH EDUCATION, A CODE OF ETHICS, AND LEGISLATIVE ADVOCACY. 19 19 23 350 931215 55119 0 0 2557950 2439085 89787 150826 952791 985584 3600528 3575495 5000 5000 0 0 1683474 1823004 0 0 0 1451833 1650763 3140307 3478767 460221 96728 7774239 7999811 1564098 1457480 6210141 6542331 X THE ASSOCIATION PROVIDES KNOWLEDGE, GUIDANCE AND RESOURCES WHICH ENHANCES MEMBERS' PROFESSIONALISM AND SUCCESS, SUPPORTS GROWTH IN THE AREA'S DIVERSE COMMUNITIES AND PROTECTS PRIVATE PROPERTY RIGHTS. 0 0 MEMBER SERVICES - RESIDENTIAL DIVISION - PROVIDED PROGRAMS FOR REALTORS THAT PROMOTED THEIR PROFESSIONAL ENDEAVORS INCLUDING NEWSLETTERS, WEB SITE SERVICES, SOCIAL MEDIA SERVICES, INDUSTRY RECOGNITION AWARDS, ACTING AS A MEDIA INDUSTRY LIAISON, LEADERSHIP DEVELOPMENT, NETWORKING GATHERINGS, DIVERSITY AND INCLUSION PROGRAMS AND PUBLIC RELATIONS. OVER 8,000 MEMBERS SERVED. EDUCATIONAL AND PROFESSIONAL DEVELOPMENT SERVICES - PROVIDED MEMBERS AND LICENSEES WITH OPPORTUNITIES AND SERVICES TO ENRICH THEIR KNOWLEDGE OF REAL ESTATE, WHICH IS REQUIRED BY LAW. ALSO PROVIDED OPTIONAL PROFESSIONAL DEVELOPMENT AND ENRICHMENT OPPORTUNITIES. OVER 2,000 MEMBERS AND LICENSEES SERVED. LICENSEES ARE ON A TWO-YEAR CYCLE WHERE THE BULK OF CONTINUING EDUCATION IS DONE IN THE EVEN-NUMBERED YEAR. ADVOCACY SERVICES - MONITORED LEGISLATIVE POLICY ISSUES THAT DIRECTLY IMPACTED THE REAL ESTATE INDUSTRY AND PRIVATE PROPERTY OWNERSHIP RIGHTS. OVER 8,000 MEMBERS SERVED. REALTOR GOVERNANCE AND POLICY - DESIGNED TO PROMOTE ETHICS AND HIGH PROFESSIONAL STANDARDS BY MEMBERS FOR THE PUBLIC AND FELLOW REAL ESTATE PROFESSIONALS. ALSO PROVIDED MEDIATION AND ARBITRATION SERVICES TO SETTLE DISPUTES ARISING OUT OF REAL ESTATE TRANSACTIONS IN ACCORDANCE WITH THE REALTOR CODE OF ETHICS. OVER 8,000 MEMBERS SERVED. MEMBER SERVICES - COMMERCIAL DIVISION - PROVIDED VARIOUS SERVICES TO OVER 600 COMMERCIAL REALTORS INCLUDING TECHNICAL SERVICES, EDUCATION, ADVOCACY, ARBITRATION, MEDIATION AND DIVERSITY AND INCLUSION PROGRAMS. ALSO PROVIDED AWARDS AND RECOGNITION IN THE COMMERCIAL REAL ESTATE AREA AS WELL AS PROMOTING COMMUNICATION, HIGH ETHICAL STANDARDS AND NETWORKING AMONG COMMERCIAL REALTORS. ALSO PROVIDED NEWSLETTERS AND SOCIAL MEDIA SERVICES. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 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 23 0 23 1 1 1 0 0 0 1 1 0 0 0 X 19 19 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD CAPELLI 3145760033 12777 OLIVE BOULEVARD ST LOUIS MO 631416210 DANIEL SALE CHIEF EXECUTIVE OFFICER 50.00 X 254578 0 24105 RICHARD CAPELLI CHIEF FINANCIAL OFFICER 50.00 X 126400 0 21058 DAWN SEABAUGH CHIEF OPERATING OFFICER 50.00 X 108129 0 11851 SCOTT HAGGERTY PRESIDENT 10.00 X X 0 0 0 KRISTINA SIEBERT PRESIDENT-ELECT 8.00 X X 0 0 0 RENE' BRAUNER TREASURER 6.00 X X 0 0 0 SAMUEL HALL SECRETARY 6.00 X X 0 0 0 KATHERINE BERRY IMMEDIATE PAST PRESIDENT 6.00 X 0 0 0 BRANDON SMART COMMERCIAL PRESIDENT 6.00 X 0 0 0 CHRISTY BEILSMITH DIRECTOR 2.00 X 0 0 0 ANTONETTE BILICKI DIRECTOR 2.00 X 0 0 0 TYRA BUCHANAN DIRECTOR 2.00 X 0 0 0 MARCELLUS DUFFY DIRECTOR 2.00 X 0 0 0 TERRY GANNON DIRECTOR 2.00 X 0 0 0 KAYLA JOHNSON DIRECTOR 2.00 X 0 0 0 LAWRENCE LEVY DIRECTOR 2.00 X 0 0 0 STACEY SANDERS DIRECTOR 2.00 X 0 0 0 EVREN SENOL DIRECTOR 2.00 X 0 0 0 ELIZABETH SMITH DIRECTOR 2.00 X 0 0 0 JOSHUA VOYLES DIRECTOR 2.00 X 0 0 0 MATTHEW RIMKUS DIRECTOR 2.00 X 0 0 0 JODY PARRISH DIRECTOR 2.00 X 0 0 0 489107 0 57014 3 0 1 0 LEWIS RICE 600 WASHINGTON AVENUE SUITE 2500 SAINT LOUIS MO 63101 LEGAL SERVICES 149689 1 MEMBERSHIP DUES & FEES 531390 1981652 1981652 ADVOCACY PROGRAMS 531390 304360 304360 EVENTS & MTG. PROGRAMS 531390 66138 66138 COMM. SRVCS PROGRAMS 531390 62890 62890 EDUCATION & PROFESSION 611710 24045 24045 2439085 150826 150826 41014 20108 20906 20906 20906 73975 47967 26008 26008 KEY SYSTEM ADMIN. FEES 561000 650840 650840 GENERAL ADMIN. FEES 561000 254367 254367 MISCELLANEOUS 531390 33463 33463 938670 3575495 2439085 931215 205195 5000 546121 1022354 27433 109334 117762 92996 46544 253342 35064 4313 31400 193021 51284 233910 66032 111722 194311 24429 ADVOCACY EXPENSES 105254 COMMERCIAL DIVISION EXP 57416 PROFESSIONAL DEV. & EDU 29145 MEMBERSHIP SERVICES 23083 97497 3478767 1115828 839365 2124301 2341310 146539 189520 28751 28901 89732 99151 5047882 2792818 2241910 2255064 1794930 1972261 227053 269044 5195 5195 7774239 7999811 162850 153383 861189 823795 540059 480302 1564098 1457480 X 6137458 6469648 72683 72683 6210141 6542331 7774239 7999811 X 96728 193471 41991 X 0 1 X 1 0 0 0 0 1833946 361128 361128 660220 -299092 789096 789096 3362910 2010766 1352144 895876 782052 113824 2255064 3951243 375748 375748 3575495 0 3575495 3792296 313529 313529 3478767 0 3478767 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,108. COST OF SALES 47,967. REVENUE FROM SUBSIDIARY 247,220. REVENUE FROM POLITICAL ACTION COMMITTEE 60,453. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,108. COST OF SALES 47,967. EXPENSES FROM SUBSIDIARY 205,229. CONTRIBUTIONS FROM POLITICAL ACTION COMMITTEE 40,225. PART XI, LINE 2A: NOT APPLICABLE - UNREALIZED GAINS (LOSSES) ARE NOT INCLUDED IN REVENUE IN THE ORGANIZATION'S FINANCIAL STATEMENTS. X 1 1 X X X 0 0 0 DANIEL SALE CHIEF EXECUTIVE OFFICER 249084 0 0 0 5494 0 9526 0 14579 0 278683 0 0 0 PART I, LINE 1A A BUDGET FOR EXPENSES DURING OUT OF TOWN BUSINESS TRIPS AND LOCAL BUSINESS MEETINGS. PART I, LINE 3 THE CHIEF EXECUTIVE OFFICER HAS A WRITTEN EMPLOYMENT CONTRACT. AT THE TIME THE ORIGINAL CONTRACT WAS DRAWN UP, AN INDEPENDENT CONSULTING FIRM WAS USED TO REVIEW THE COMPENSATION LEVEL AND OTHER ASPECTS OF THE CONTRACT. LEGAL COUNSEL ALSO REVIEWED THE CONTRACT AND ANY EXTENSIONS TO THE ORIGINAL CONTRACT. THE ORIGINAL CONTRACT AND ALL EXTENSIONS WERE THEN APPROVED BY THE EXECUTIVE COMMITTEE OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 THERE ARE FOUR GROUPS OF DIRECTORS THAT WORK AT THE SAME FIRM - KRISTINA SIEBERT AND CHRISTY BEILSMITH - BUSINESS RELATIONSHIP. TYRA BUCHANAN AND KATHERINE BERRY - BUSINESS RELATIONSHIP. MARCELLUS DUFFY AND STACEY SANDERS - BUSINESS RELATIONSHIP. ELIZABETH SMITH, TERRY GANNON AND EVREN SENOL - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO BASIC CLASSES OF MEMBERS - REALTORS, WHO HAVE A FULL VOTE IN ELECTING THE GOVERNING BODY, AND AFFILIATES, WHO DO NOT HAVE A VOTE FOR THE GOVERNING BODY, BUT HAVE A SINGLE APPOINTED REPRESENTATIVE ON THE GOVERNING BODY, APPROVED BY THE GOVERNING BODY. NO MORE THAN FOUR MEMBERS WHO BELONG TO THE SAME FRANCHISE OR INDEPENDENT FIRM CAN BE MEMBERS OF THE GOVERNING BODY. THE GOVERNING BODY APPROVES ALL APPOINTMENTS TO APPOINTED OR VACANT POSITIONS ON THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS TWO BASIC CLASSES OF MEMBERS - REALTORS, WHO A FULL VOTE IN ELECTING THE GOVERNING BODY, AND AFFILIATES, WHO DO NOT HAVE A VOTE FOR THE GOVERNING BODY, BUT HAVE A SINGLE APPOINTED REPRESENTATIVE ON THE GOVERNING BODY, APPROVED BY THE GOVERNING BODY. NO MORE THAN FOUR MEMBERS WHO BELONG TO THE SAME FRANCHISE OR INDEPENDENT FIRM CAN BE MEMBERS OF THE GOVERNING BODY. THE GOVERNING BODY APPROVES ALL APPOINTMENTS TO APPOINTED OR VACANT POSITIONS ON THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE ORGANIZATION'S BYLAWS MUST BE APPROVED BY THE MEMBERS AND NOT THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 WERE PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE FILING. THE FORM WAS ALSO REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR AT THE ORGANIZATIONAL MEETING OF THE BOARD OF DIRECTORS, EACH DIRECTOR IS REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE REVIEW FINANCIAL DATA EACH MONTH AND ALL MAJOR FINANCIAL TRANSACTIONS TO ENSURE THE CONFLICT OF INTEREST DISCLOSURE POLICY IS BEING ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE EXECUTIVE COMMITTEE AND PUT INTO WRITING VIA A CONTRACT. THE EXECUTIVE COMMITTEE USES ITS OWN BUSINESS KNOWLEDGE AND RESEARCH SKILLS TO PARTIALLY DETERMINE FAIR MARKET VALUE AND COMPENSATION AMOUNTS. IN ADDITION, A CONSULTING FIRM THAT IS AN EXPERT IN THE FIELD OF RECRUITING CHIEF EXECUTIVE OFFICERS WAS CONSULTED ALONG WITH LEGAL COUNSEL WHEN THE ORIGINAL CONTRACT AND ADDITIONAL EXTENSIONS WERE ENTERED INTO. LEGAL COUNSEL WAS ALSO CONSULTED ON ALL CONTRACTS WITH THE CHIEF EXECUTIVE OFFICER. MEMBERS OF THE EXECUTIVE COMMITTEE ALSO GAIN KNOWLEDGE OF COMPENSATION LEVELS BY ATTENDING NATIONAL AND REGIONAL CONFERENCES. THE CHIEF EXECUTIVE OFFICER DETERMINES COMPENSATION FOR KEY MANAGEMENT EMPLOYEES BASED ON BUDGETED AMOUNTS AVAILABLE (THE BUDGET IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS) AND PREVAILING MARKET CONDITIONS. THE CHIEF EXECUTIVE OFFICER ALSO ATTENDS NATIONAL AND REGIONAL CONFERENCES WITH HIS PEERS (HEADS OF SIMILAR ORGANIZATIONS) AND GAINS KNOWLEDGE OF COMPENSATION LEVELS FOR SIMILAR MANAGEMENT POSITIONS. PERIODICALLY, THE CHIEF EXECUTIVE OFFICER ALSO COMPARES COMPENSATION FOR KEY STAFF TO NATIONAL SURVEY DATA PURCHASED BY THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE ORGANIZATION'S WEB SITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET INCOME FROM WHOLLY-OWNED SUBSIDIARY 41,991. COMMERCIAL INFORMATION EXCHANGE 12777 OLIVE BLVD SAINT LOUIS MO 63141 431886302 COMMERCIAL REAL ESTATE LISTING SERVICE MO ST LOUIS ASSOCIATION OF REALTORS C 41991 375801 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 COMMERCIAL INFORMATION EXCHANGE L 21417 ADMINISTRATIVE SERVICES CONTRACT