2024-08-05T14:24:41-05:00 2023-12-31 814277254 KHA ACCOUNTANTS PLLC 4880 LONG PRAIRIE ROAD SUITE 100 FLOWER MOUND TX 75028 990 2023-01-01 751664690 GREATER LEWISVILLE ASSOCIATION OF REALTORS GREA 9722214606 997 S EDMONDS LN LEWISVILLE TX 75067 ANA BECERRA ASSOCIATION EXECUTIVE 9722214606 2024-08-02 1 0 CYNTHIA GRIECO P00643849 9722212500 2024-08-02 2023 2024-08-08 14:25:15Z 997 S EDMONDS LN LEWISVILLE TX 75067 326198 0 X WWW.GLAR.COM X 1966 TX ASSIST ALL MEMBERS TO ACHIEVE HIGH PROFESSIONAL AND ETHICAL STANDARDS; TO ENHANCE THE PROFESSIONAL IMAGE OF REALTORS WITHIN THE COMMUNITY; AND TO HELP MEMBERS SUCCEED BY PROVIDING SUPPORT, EDUCATION AND RESOURCES. 11 11 2 0 49200 36094 0 0 312680 272865 1043 4133 46318 49200 360041 326198 0 0 0 0 144794 153163 0 0 0 175267 154623 320061 307786 39980 18412 828182 828358 195206 176970 632976 651388 ASSIST ALL MEMBERS TO ACHIEVE HIGH PROFESSIONAL AND ETHICAL STANDARDS; TO ENHANCE THE PROFESSIONAL IMAGE OF REALTORS WITHIN THE COMMUNITY; AND TO HELP MEMBERS SUCCEED BY PROVIDING SUPPORT, EDUCATION AND RESOURCES. 0 0 COMMITTEES: EDUCATION-PROVIDES COURSES FOR MEMBER REALTORS; REALTOR/BUILDER-CONDUCT A "TOUR OF HOMES" TO FAMILIARIZE REALTORS WITH VARIOUS BUILDERS; POLITICAL ACTION COMMITTEES, AND TREPACAS OF DECEMBER 31, 2023 THERE WERE 1,250 MEMBERS. MEMBERSHIP BUSINESS MEETING: HELD ACCORDING TO BYLAWS, DISCUSSION OF GENERAL MEMBERSHIP, BOARD ACTIVITIES, FINANCIAL STATUS, ETC. USUALLY PAID BY CHARGES TO AFFILIATE MEMBERS WITH MINIMAL CHARGE TO MEMBERS.INSTALLATION - DINNER DANCE WITH AWARDS AND PRESENTATIONS HELD ANNUALLY FOR INSTALLATION OF INCOMING OFFICERS. MEMBERS PURCHASE TICKET TO COVER COSTS ONLY. NOT A FUNDRAISING EVENT. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 2 0 2 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X ANA BECERRA 9722214606 997 EDMONDS LANE LEWISVILLE TX 750674473 BILL ANDERSON TXR DIRECTOR 0.25 X X 0 0 0 BRENDA TAYLOR TXR RVP 0.25 X X 0 0 0 BROOKE HUNT IMMEDIATE PAST PRESIDENT 0.25 X X 0 0 0 CERITA LOFTIS NTREIS BOD REPRESENTATIVE 0.25 X 0 0 0 KELLIE STOKES LEGAL ADVISOR 0.25 X 0 0 0 CATHY SMITH TXR DIRECTOR 0.25 X X 0 0 0 TINA MURPHY MLS CHAIR 0.25 X 0 0 0 JUSTUS CARLILE PRESIDENT-ELECT 0.25 X X 0 0 0 KAVITA GUPTA DIRECTOR 0.25 X X 0 0 0 EYAD SALLOUM SECRETARY-TREASURER 0.25 X X 0 0 0 BRENT MYERS GOVERNMENTAL AFFAIRS CHAIR 0.25 X 0 0 0 JASON BELL NTREIS USER GROUP COMMITTE 0.25 X X 0 0 0 STEVE ALLCORN DIRECTOR 0.25 X X 0 0 0 CHARLOTTE WILCOX DIRECTOR 0.25 X X 0 0 0 DAVID HODGES MEMBERSHIP CHAIR 0.25 X 0 0 0 PAM COTTRELL EDUCATION CHAIR 0.25 X 0 0 0 ANA BECERRA ASSOCIATION EXECUTIVE 40.00 X 112722 0 0 112722 0 0 1 0 0 0 0 MEMBERSHIP DUES 531390 219489 219489 FEES/NON-DUES INCOME 531390 24966 24966 COMMITTEE INCOME 611710 22460 22460 REBATES, REFUNDS, MISC 611710 4050 4050 1900 1900 272865 4133 4133 49200 0 49200 49200 49200 326198 272865 49200 4133 112722 4222 638 35581 4467 17064 9948 616 7193 2205 42606 11876 5499 COMMITTEE EXPENSES 30779 BANKCARD/EFT CHARGES 6032 JANITORIAL EXPENSE 5834 EVENT EXPENSES 5396 5108 307786 415677 417601 210340 215243 598159 407870 202165 190289 5225 828182 828358 9670 13590 184291 159323 1245 4057 195206 176970 X 432485 432485 0 0 200491 218903 632976 651388 828182 828358 18412 0 X X 1 X 0 1 0 0 1 0 67121 67121 482117 360491 121626 13233 13066 167 35688 34313 1375 190289 ACCRUED DUES 4057 4057 X PART X, LINE 2: FOLLOWING IS TEXT FROM THE FOOTNOTES OF THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS: GLAR IS A NONPROFIT, PUBLICLY SUPPORTED ORGANIZATION, AS DEFINED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (CODE) THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. NTRETS HAS ELECTED TO BE TAXED AS A CORPORATION. DEFERRED TAXES ARE PROVIDED ON A LIABILITY METHOD WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. AT DECEMBER 31, 2023, NTRETS DID NOT HAVE ANY TEMPORARY OR PERMANENT DIFFERENCES THAT WOULD GIVE RISE TO DEFERRED TAX ASSETS OR LIABILITIES. THE ORGANIZATION IS REQUIRED TO RECOGNIZE, MEASURE, CLASSIFY, AND DISCLOSE IN THE CONSOLIDATED FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURN. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE CONSOLIDATED FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. THE ORGANIZATION WOULD RECOGNIZE ANY PENALTIES OR INTEREST IN OPERATING EXPENSES. GENERALLY, THE ORGANIZATION'S TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR 3 YEARS FROM THE DATE OF FILING AND FOR STATE FRANCHISE TAX EXAMINATION FOR 4 YEARS FROM THE DATE OF FILING. ALL INCOME TAX EXPENSE ON THE CONSOLIDATED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2023 WAS CURRENT. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - BOARD MEMBERS FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - IN JULY MEMBERS ARE NOMINATED AND THEIR NAMES SUBMITTED. BOARD WILL REVIEW NAMES AND IF THERE ARE NO OBJECTIONS, MEMBERS NAMES SUBMITTED ARE APPROVED IN OCTOBER MEETING. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MOST DECISIONS ARE RUN THROUGH THE EXECUTIVE COMMITTEE AND THEN THROUGH THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE RETURN WILL BE REVIEWED BY THE ASSOCIATION EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL REVIEW OF CONFLICT OF INTEREST, CONFIDENTIALITY AND ANTITRUST POLICY. FORM 990, PART VI, SECTION B, LINE 15 BOARD APPROVAL FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE FOR REVIEW BY THE PUBLIC UPON REQUEST FORM 990, PART XII, LINC 1A: NO OVERSIGHT CHANGES FROM PREVIOUS YEARS. NORTH TEXAS REAL ESTATE TECHNICAL SERVICES LLC 997 S EDMONDS LN LEWISVILLE TX 75067 270815930 REAL ESTATE SERVICES TX GREATER LEWISVILLE ASSOCIATION OF REALTORS C 32254 481895 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 NORTH TEXAS REAL ESTATE TECHNICAL SERVICES LLC A 49200 FMV NORTH TEXAS REAL ESTATE TECHNICAL SERVICES LLC O 11715 PAYMENTS NORTH TEXAS REAL ESTATE TECHNICAL SERVICES LLC Q 55353 PAYMENTS NORTH TEXAS REAL ESTATE TECHNICAL SERVICES LLC N 0 FMV