2024-11-14T08:10:18-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 221 W 6TH STREET STE 1900 AUSTIN TX 78701 990 2023-01-01 741129307 AUSTIN BOARD OF REALTORS AUST 5124547636 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 MONICA WILLIAMS CFO 5124547636 2024-11-12 1 0 MELANIE MCPEAK P01346034 5124796000 2023 2024-10-15 13:58:12Z EMILY CHENEVERT 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 11648194 0 X WWW.ABOR.COM X 1926 TX ABOR USES TECHNOLOGY, EDUCATION, AND ADVOCACY TO MAKE CONNECTIONS THAT STRENGTHEN THE CAREERS OF OUR MEMBERS AND IMPROVE THE LIVES OF CENTRAL TEXAS FAMILIES. WE EMPOWER REALTORS AND THEIR CLIENTS BY CONNECTING THEM TO THE MARKET'S MOST COMPLETE, ACCURATE, AND UP-TO-DATE LISTING DATA. WE CONNECT OUR MEMBERS TO UNPARALLELED OPPORTUNITIES FOR TRAINING AND PROFESSIONAL DEVELOPMENT, WHILE ALSO STRENGTHENING THE INDUSTRY'S CONNECTION TO THE HIGHEST STANDARDS OF ETHICAL BEHAVIOR. AND WE CONNECT HOMEOWNERS AND REALTORS AS A UNIFIED VOICE IN THE LEGISLATIVE PROCESS, SPEAKING UP FOR THE PLACE WE ALL CALL HOME. 15 15 63 250 3038821 1512167 0 0 4400596 4282145 905273 245478 3343129 3507241 8648998 8034864 10000 10000 0 0 0 0 0 0 0 5119892 5949798 5129892 5959798 3519106 2075066 21580736 24386689 2907789 2903082 18672947 21483607 X ABOR USES TECHNOLOGY, EDUCATION, AND ADVOCACY TO MAKE CONNECTIONS THAT STRENGTHEN THE CAREERS OF OUR MEMBERS AND IMPROVE THE LIVES OF CENTRAL TEXAS FAMILIES. WE EMPOWER REALTORS AND THEIR CLIENTS BY CONNECTING THEM TO THE MARKET'S MOST COMPLETE, ACCURATE, AND UP-TO-DATE LISTING DATA. WE CONNECT OUR MEMBERS TO UNPARALLELED OPPORTUNITIES FOR TRAINING AND PROFESSIONAL DEVELOPMENT, WHILE ALSO STRENGTHENING THE INDUSTRY'S CONNECTION TO THE HIGHEST STANDARDS OF ETHICAL BEHAVIOR. AND WE CONNECT HOMEOWNERS AND REALTORS AS A UNIFIED VOICE IN THE LEGISLATIVE PROCESS, SPEAKING UP FOR THE PLACE WE ALL CALL HOME. 0 0 APPROXIMATELY 17,020 MEMBERS WERE SERVED IN 2023 WITH ACCESS TO EDUCATIONAL COURSES AND TRAINING, COMMUNICATIONS ON LOCAL ISSUES REGARDING THE REAL ESTATE PROFESSION AND PUBLIC AWARENESS AND POLITICAL ADVOCACY ON LOCAL ISSUES AFFECTING REAL ESTATE. THE ORGANIZATION MAINTAINED HIGH ETHICAL STANDARDS THROUGH ENFORCEMENT OF THE CODE OF ETHICS, ENCOURAGED COMMUNITY INVOLVEMENT AND ENHANCED THE IMAGE OF REAL ESTATE PRACTITIONERS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 52 0 1 63 0 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X MELISSA GARRINGER 5124547636 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 ASHLEY JACKSON PRESIDENT 10.00 0.00 X X 0 0 0 KENT REDDING PRESIDENT ELECT 10.00 0.00 X X 0 0 0 KACY DOLCE SECRETARY/TREASURER 10.00 0.00 X X 0 0 0 CORD SHIFLET PAST PRESIDENT 5.00 0.00 X X 0 0 0 CHRISTINE CHAU DIRECTOR 5.00 0.00 X 0 0 0 JOHN CROWE DIRECTOR 5.00 0.00 X 0 0 0 LOCKIE EALY DIRECTOR 5.00 0.00 X 0 0 0 JOB HAMMOND DIRECTOR 5.00 0.00 X 0 0 0 ROBERT HIGGS DIRECTOR 5.00 4.00 X 0 0 0 JONNA LAGRONE-HAYNES DIRECTOR 5.00 0.00 X 0 0 0 JILL LEBERKNIGHT DIRECTOR 5.00 0.00 X 0 0 0 CHARLOTTE LIPSCOMB DIRECTOR(1-1 TO 10-2-23) 5.00 0.00 X 0 0 0 BRIAN TALLEY DIRECTOR 5.00 0.00 X 0 0 0 SUNNY TRACEY DIRECTOR 5.00 0.00 X 0 0 0 GREG WARD DIRECTOR(1-1 TO 10-2-23) 5.00 0.00 X 0 0 0 ANNE WHEELER DIRECTOR 5.00 0.00 X 0 0 0 BRANDY WUENSCH DIRECTOR 5.00 0.00 X 0 0 0 EMILY CHENEVERT CEO 40.00 2.00 X 0 439132 60890 MONICA WILLIAMS CFO 40.00 2.00 X 0 293961 70383 STANLEY MARTIN COO 40.00 2.00 X 0 233269 60805 KELEA YOUNGBLOOD CMO 40.00 2.00 X 0 228023 69178 MELISSA GARRINGER DIRECTOR OF ACCOUNTING 40.00 2.00 X 0 162912 55840 DANIELLE ARCHAMBAULT DIRECTOR OF BUSINESS & PROFESSIONAL DEVELOPMENT 40.00 2.00 X 0 142448 37842 TAYLOR SMITH DEPUTY DIRECTOR OF GOVERNMENT AFFAIRS 40.00 2.00 X 0 139387 34343 JOHN RESTER IT SUPERVISOR 40.00 2.00 X 0 131064 60087 WILLIAM BURHAM DEPUTY DIRECTOR OF MLS SERVICES 40.00 2.00 X 0 123342 39673 0 1893538 489041 0 0 1 0 MCGINNIS LOCHRIDGE 1111 W 6TH BLDG B SUITE 400 AUSTIN TX 78703 LAW FIRM 131319 RIALTO ACADEMY LLC 10005 MICHAEL DALE AUSTIN TX 78736 BUSINESS COACHING TRAINING SOLUTIONS 114000 2 MEMBERSHIP DUES 531390 3588295 3588295 EDUCATION INCOME 611710 576894 576894 INDUSTRY AWARDS 900099 116956 116956 4282145 229043 3449 225594 70313 0 70313 70313 70313 1814600 1798165 16435 16435 16435 4850537 1815165 3035372 3035372 LICENSING INCOME 900099 389874 389874 OTHER INCOME 900099 11682 11682 401556 8034864 4672019 3038821 324024 10000 71050 52363 49561 52337 455300 304119 189882 386094 443098 483763 172849 8888 SHARED SERVICES 2355463 FEDERAL INCOME TAX 336331 SPECIAL EVENTS EXPENSE 207075 GOVERNMENT AFFAIRS 195427 186198 5959798 939304 105069 1573659 3879655 1764 90102 146335 129113 139869 1606036 1203484 398994 402552 8790865 10087981 9656935 9625228 21580736 24386689 111920 320718 2747133 2561697 48736 20667 2907789 2903082 X 18672947 21483607 18672947 21483607 21580736 24386689 2075066 735594 0 X 1 X 0 1 0 10000 10000 10000 0 TEXAS REALTORS POLITICAL ACTION COMMITTEE 1115 SAN JACINTO BLVD STE 200 AUSTIN TX 78701 741801786 10000 0 0 0 3588295 25317 25317 25317 PART I-A, LINE 1: THE ORGANIZATION CONTRIBUTES ANNUALLY TO THE TEXAS REALTORS POLITICAL ACTION COMMITTEE. 1200087 825854 374233 405949 377630 28319 402552 INCOME TAX RECEIVABLE 17879 DEPOSITS 3273 DUE FROM AFFILIATES 9593798 LEASE OBLIGATION ASSET 10278 9625228 LEASE OBLIGATION LIABILITY 25693 DEFERRED TAX LIABILITY -5026 20667 X PART X, LINE 2: ABOR IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME FOR ABOR AND THE FOUNDATION, IF ANY, IS SUBJECT TO FEDERAL INCOME TAXES. THE BOARD ASSESSES UNCERTAINTIES IN INCOME TAXES IN ITS COMBINED FINANCIAL STATEMENTS AND USES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN. THERE IS NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS RELATED TO ABOR AND THE FOUNDATION. THE BOARD IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR RETURNS SUBMITTED AFTER THREE YEARS. UNRELATED BUSINESS TAXABLE INCOME WAS NOMINAL FOR THE BOARD AS OF DECEMBER 31, 2023 AND 2022. 1 TEXAS REALTORS POLITICAL ACTION COMMITTEE 1115 SAN JACINTO BLVD AUSTIN TX 78701 741801786 527 10000 0 POLITICAL LOBBYING 0 1 PART I, LINE 2: NO MONITORING IS CONSIDERED NECESSARY. 0 0 0 EMILY CHENEVERT CEO 0 358032 0 81100 0 0 0 22350 0 38540 0 500022 0 0 MONICA WILLIAMS CFO 0 259394 0 34567 0 0 0 30000 0 40383 0 364344 0 0 KELEA YOUNGBLOOD CMO 0 199965 0 28058 0 0 0 9638 0 59540 0 297201 0 0 STANLEY MARTIN COO 0 204511 0 28758 0 0 0 22500 0 38305 0 294074 0 0 MELISSA GARRINGER DIRECTOR OF ACCOUNTING 0 154313 0 8599 0 0 0 22500 0 33340 0 218752 0 0 JOHN RESTER IT SUPERVISOR 0 123419 0 7645 0 0 0 15585 0 44502 0 191151 0 0 DANIELLE ARCHAMBAULT DIRECTOR OF BUSINESS & PROFESSIONAL 0 134796 0 7652 0 0 0 4373 0 33469 0 180290 0 0 TAYLOR SMITH DEPUTY DIRECTOR OF GOVERNMENT AFFAIR 0 132197 0 7190 0 0 0 14289 0 20054 0 173730 0 0 WILLIAM BURHAM DEPUTY DIRECTOR OF MLS SERVICES 0 116279 0 7063 0 0 0 15081 0 24592 0 163015 0 0 PART V, LINE 2A AND PART VII: ALL EMPLOYEES PROVIDING SERVICES TO ABOR ARE EMPLOYED BY AUSTIN BOARD OF REALTORS MANAGEMENT CORP, A RELATED ORGANIZATION. ABOR REIMBURSES ABOR MANAGEMENT CORP FOR SUCH SERVICES. FORM 990, PART VI, SECTION A, LINE 6 A DUES PAYING MEMBER IN GOOD STANDING OWNS THE RIGHT TO USE THE REALTOR DESIGNATION WITH RELATED ASSOCIATION SERVICES AND ACCESS TO THE LOCAL MLS SYSTEM IF SUBCRIBED TO. FORM 990, PART VI, SECTION A, LINE 7A ANNUALLY, A NOMINATION COMMITTEE CONSISTING OF SEVEN REALTOR MEMBERS AND CHAIRED BY THE MOST RECENTLY REMOVED PAST PRESIDENT SHALL NOMINATE ONE CANDIDATE FOR EACH OFFICE AND ONE CANDIDATE FOR EACH OF THE POSITIONS ON THE BOARD OF DIRECTORS. THE NOMINATING COMMITTEE SHALL SEND A WRITTEN SLATE OF NOMINEES TO EACH REALTOR MEMBER. IF THE SLATE IS NOT PETITIONED, THE SLATE STANDS AS ELECTED. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE CHANGES IN THE BYLAWS AND CONSTITUTION. CHANGES TO THE BYLAWS MUST BE APPROVED BY A MAJORITY OF THE VOTING MEMBERSHIP RESPONDING. CHANGES TO THE ARTICLES OF INCORPORATION MUST BE APPROVED BY 3% OF THE VOTING MEMBERSHIP. THE BYLAWS ARE ALSO SUBMITTED TO NAR FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO AND CFO BEFORE IT IS FILED. THE FORM 990 IS POSTED ONLINE FOR REVIEW BY BOARD MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE PRESIDENT OF THE BOARD OF DIRECTORS WILL SEND EACH DIRECTOR AND OFFICER A COPY OF THE ANNUAL STATEMENT OF OWNERSHIP DISCLOSURE AND CONFLICT OF INTEREST. ALL DIRECTORS AND OFFICERS MUST FULLY COMPLETE THE ANNUAL STATEMENT AND RETURN IT SIGNED WITHIN 30 DAYS. THEREAFTER THE PRESIDENT MUST SUBMIT ANY DISCLOSED POTENTIAL OR ACTUAL CONFLICT OF INTEREST TO THE BOARD OF DIRECTORS, WHICH SHALL TAKE APPROPRIATE REMEDIAL ACTION. ALL NEW DIRECTORS AND OFFICERS MUST COMPLETE THE ANNUAL STATEMENT PRIOR TO ASSUMING THEIR RESPONSIBILITIES. ANY INFORMATION DISCLOSED IN THE QUESTIONNAIRE WILL BE CONSIDERED CONFIDENTIAL AND WILL BE USED ONLY FOR PURPOSES OF ENFORCING THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE STAFF COMPENSATION IS REVIEWED EVERY 3 YEARS BY AN OUTSIDE CONSULTANT. THE CEO SALARY IS REVIEWED BY THE BOARD AND/OR AN OUTSIDE CONSULTANT TO ENSURE COMPENSATION IS COMPARABLE TO THE CURRENT MARKET. FORM 990, PART VI, SECTION C, LINE 19 AUSTIN BOARD OF REALTORS HAS DEVELOPED AN INSPECTION POLICY TO DEFINE THE PROCEDURES TO BE FOLLOWED IN THE EXTERNAL INSPECTION OF RECORDS, THE "ABOR DOCUMENT EXTERNAL INSPECTION PRODECURE" DEFINES THE STEPS TO BE TAKEN AS FOLLOWS: 1) MEMBER MUST SUBMIT A REQUEST WITH A STATED PURPOSE; 2) MEMBER WILL BE INVITED TO ABOR FOR DOCUMENT INSPECTION; 3) STAFF PERSON WILL BE PRESENT DURING DOCUMENT INSPECTION; 4) MEMBER MAY FLAG PAGES HE WISHES COPIED WHICH WILL BE PROVIDED, AT A COST, FOR THE MEMBER TO BE PICKED UP AT A LATER DATE; 5) THE AVAILABILITY OF THE DOCUMENTS ARE SUBJECT TO ABOR DOCUMENT RETENTION POLICY. AUSTIN BOARD OF REALTORS FOUNDATION 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 741959433 SUPPORT CAUSES RELATED TO HOUSING, EDUCATION, AND DISASTER RELIEF TX 501(C)(3) LINE 7 AUSTIN BOARD OF REALTORS 1 AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICES INC 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 741489757 REAL ESTATE LISTINGS TX AUSTIN BOARD OF REALTORS C 13690958 45214556 1.00000 1 AUSTIN BOARD OF REALTORS MANAGEMENT CORP 4800 SPICEWOOD SPRINGS ROAD AUSTIN TX 78759 742727688 MANAGEMENT SERVICES TX AUSTIN BOARD OF REALTORS C 7360837 10054832 1.00000 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE A 389874 BOOK AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE D 10265489 BOOK AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE N 378768 BOOK AUSTIN BOARD OF REALTORS MANAGEMENT CORPORATION O 2355463 BOOK AUSTIN BOARD OF REALTORS MANAGEMENT CORPORATION E 671690 BOOK