2024-11-27T09:17:06-06:00 2023-12-31 741695589 HARPER & PEARSON COMPANY PC ONE RIVERWAY SUITE 1900 HOUSTON TX 77056 990 2023-01-01 740695440 HOUSTON ASSOCIATION OF REALTORS HOUS 7136291900 3693 SOUTHWEST FREEWAY 200 HOUSTON TX 77027 RENE GALVAN EXECUTIVE VICE PRESIDENT 7136291900 2024-11-26 1 0 GUY T TABOR CPA P00171798 7136222310 2023 2024-10-15 13:58:12Z C ROBERT HALE III 3693 SOUTHWEST FREEWAY 200 HOUSTON TX 77027 27542484 0 X WWW.HAR.COM X 1918 TX TRADE ASSOCIATION FOR REAL ESTATE AGENTS AND BROKERS. PROVIDE EDUCATION AND TRAINING FOR MEMBERS. PROMOTE SERVICES PROVIDED BY MEMBERS TO THE PUBLIC. 22 22 109 396 38100 0 25281336 24973628 908220 935685 282455 270481 163927 0 26635938 26179794 0 0 0 0 5495082 5872369 0 0 0 18949712 20117766 24444794 25990135 2191144 189659 21193671 22404997 4701569 5076035 16492102 17328962 X TRADE ASSOCIATION FOR REAL ESTATE AGENTS AND BROKERS. PROVIDE EDUCATION AND TRAINING FOR MEMBERS. PROMOTE SERVICES PROVIDED BY MEMBERS TO THE PUBLIC. 0 0 VARIOUS COMMITTEES WHICH ADDRESS DIVERSE ISSUES OF CONCERN TO REAL ESTATE PROFESSIONALS, INCLUDING ETHICS, PROFESSIONAL STANDARDS, GOVERNMENTAL AFFAIRS, EDUCATION, AND OTHER ISSUES. REVIEW AND PUBLISH CONTRACTS, DISCLOSURES, AND OTHER RELATED DOCUMENTS USED BY REAL ESTATE PROFESSIONALS AND THE PUBLIC IN REAL ESTATE TRANSACTIONS. EDUCATION COURSES OFFERED TO INTERESTED PERSONS DESIRING QUALITY INFORMATION REQUIRED TO MAINTAIN PROFESSIONAL COMPETENCE. MONTHLY PUBLICATIONS FOR MORE THAN 45,000 MEMBERS WHICH INCLUDES ARTICLES OF REAL ESTATE TOPICS. 0 0 1 1 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 1 1 0 0 0 0 0 0 1 1 1 0 1 52 0 1 109 1 1 1 0 0 0 1 1 0 1 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X TRACY GOODEAUX 7136291900 3693 SOUTHWEST FREEWAY SUITE 200 HOUSTON TX 77027 JENNIFER WAUHOB IMMEDIATE PAST CHAIR 2.00 X X 3539 0 0 THOMAS MOUTON CHAIR ELECT 3.00 X X 32648 0 0 JAY BRADLEY DIRECTOR 1.00 X 0 0 0 CATHY TREVINO HAR CHAIR 6.00 1.00 X X 27858 0 0 PAUL SILVERMAN DIRECTOR 1.00 X 3569 4260 0 MICHAEL WONG DIRECTOR 1.00 X 0 0 0 SHAE COTTAR VICE CHAIR 2.00 X X 3857 0 0 THERESA HUGHES-HILL VICE CHAIR 2.00 X X 7307 2039 0 DANIELA SUMBERA DIRECTOR 1.00 X 0 0 0 JAY CLEMENTE DIRECTOR 1.00 X 0 0 0 MICHELLE POSEY DIRECTOR 1.00 X 0 0 0 JOANN STEVENS DIRECTOR 1.00 X 0 0 0 TROY COTHRAN DIRECTOR 1.00 X 0 0 0 KATHRYN ROBINSON SECRETARY/TREASURER 2.00 X X 5053 0 0 JEMILA WINSEY DIRECTOR 1.00 X 0 0 0 SHANNON COBB EVANS DIRECTOR 1.00 X 7313 0 0 ROBERT COOK DIRECTOR 1.00 X 4304 0 0 PEGGY PENTECOST DIRECTOR 1.00 X 750 0 0 JEREMY FAIN DIRECTOR 1.00 X 0 0 0 SUSAN ANNOURA DIRECTOR 1.00 X 0 0 0 CHANEL RAESIS DIRECTOR 1.00 X 0 0 0 LINDA HOWELL DIRECTOR 1.00 X 0 0 0 C ROBERT HALE III PRESIDENT & CEO 40.00 X 1021853 0 29000 RENE GALVAN EXECUTIVE VP/COO/CFO 40.00 X 477547 0 45135 ENRICA BLEVINS DIRECTOR OF PROFESSIONAL DEVELOPMENT 40.00 X 216656 0 2166 MATT BURRUS CHIEF COMMUNICATIONS OFFICER 40.00 X 254710 0 51878 LORI CARPER DIRECTOR OF EVENTS & INTERNATIONAL 40.00 X 198328 0 25726 SHAWN DAUPHINE DIRECTOR OF MLS 40.00 X 308187 0 58142 KAREN DRISCOLL DIRECTOR OF TREPAC 40.00 X 185266 0 14881 TRACY GOODEAUX CONTROLLER & DIRECTOR OF HR 40.00 X 187403 0 40308 TAQI RIZVI CHIEF TECHNOLOGY OFFICER 40.00 X 694639 0 59035 SAM SCOTT DIRECTOR OF INFORMATION 40.00 X 274130 0 39343 EDWARD MONCUR DIRECTOR OF IT INFRASTRUCTURE 40.00 X 236191 0 28171 THINH PHAM WEB DEVELOPER 40.00 X 196580 0 52884 BETTY WU WEB DEVELOPER 40.00 X 205162 0 29227 AMBER BURTON DIRECTOR OF GOVT AFFAIRS & ADVOCACY 40.00 X 172509 0 38893 CYNTHIA WILLIAMS DIRECTOR OF MEMBERSHIP 40.00 X 154864 0 25666 ROZ CREW DIRECTOR OF MEMBER ENGAGEMENT 40.00 X 156142 0 13292 RHONDA FLOWERS DIRECTOR OF BRANCH OPERATIONS 40.00 X 153544 0 23629 ERICK DEL ORBE WEB DEVELOPER 40.00 X 152810 0 44425 CLAUDIA HERNANDEZ DIRECTOR OF VIDEO SERVICES 40.00 X 148292 0 23437 LEE PENROD WEB DEVELOPER 40.00 X 155184 0 45012 5646195 6299 690250 20 0 1 0 0 24973628 24973628 SEMINARS/EDUCATION 611710 763665 763665 EVENTS/EXPOSITIONS 900099 133920 133920 ADVERTISING 541800 38100 38100 935685 457692 457692 1175479 1349410 13280 -173931 -13280 -187211 -13280 -173931 26179794 884305 38100 283761 1634042 4192614 5902 39811 104648 45546 7427 144612 1135400 404 136249 38802 NAR/TAR EXPENSES 16693520 GOVERNMENTAL AFFAIRS 389685 COMPUTER EXPENSES 317345 MEMBERSHIP EXPENSES 286803 817325 25990135 10480548 11151901 1372638 311874 155444 315104 195198 102670 6050346 4578628 1324717 1471718 6797483 8297597 215975 215975 651668 538158 21193671 22404997 4327547 4240937 374022 835098 4701569 5076035 X 16492102 17328962 16492102 17328962 21193671 22404997 189659 647201 0 X X 0 1 X 1 0 TREPAC 1115 SAN JACINTO BLVD STE 200 AUSTIN TX 78701 741801786 985136 0 0 1 6536541 1196180 -1122209 73971 1241943 -1167972 PART I-C CONTINUATION FOR INCOMPLETE NAME/ADDRESS INFORMATION TREPAC 1115 SAN JACINTO BLVD, STE 200 AUSTIN, TX 78701 586358 586358 3618701 3032343 586358 1845287 1546285 299002 1471718 OTHER LIABILITIES 835098 835098 X PART X, LINE 2: GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. HOUSTON ASSOCIATION OF REALTORS BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE ASSOCIATION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2023, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEAR 2020 FORWARD (WITH LIMITED EXCEPTIONS). TAX PENALTIES AND INTEREST, IF ANY, WOULD BE ACCRUED AS INCURRED AND WOULD BE CLASSIFIED AS INCOME TAX EXPENSE IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. X 1 1 X X X X X X 0 1 0 C ROBERT HALE III PRESIDENT & CEO 522050 0 483750 0 16053 0 23100 0 5900 0 1050853 0 0 0 TAQI RIZVI CHIEF TECHNOLOGY OFFICER 565570 0 129000 0 69 0 23098 0 35937 0 753674 0 0 0 RENE GALVAN EXECUTIVE VP/COO/CFO 392482 0 82033 0 3032 0 23059 0 22076 0 522682 0 0 0 SHAWN DAUPHINE DIRECTOR OF MLS 266866 0 41252 0 69 0 20501 0 37641 0 366329 0 0 0 SAM SCOTT DIRECTOR OF INFORMATION 232110 0 41822 0 198 0 19543 0 19800 0 313473 0 0 0 MATT BURRUS CHIEF COMMUNICATIONS OFFICER 220496 0 34145 0 69 0 18123 0 33755 0 306588 0 0 0 EDWARD MONCUR DIRECTOR OF IT INFRASTRUCTURE 198120 0 38002 0 69 0 14832 0 13339 0 264362 0 0 0 THINH PHAM WEB DEVELOPER 171009 0 25502 0 69 0 14386 0 38498 0 249464 0 0 0 BETTY WU WEB DEVELOPER 172033 0 33000 0 129 0 14560 0 14667 0 234389 0 0 0 TRACY GOODEAUX CONTROLLER & DIRECTOR OF HR 163653 0 23552 0 198 0 13619 0 26689 0 227711 0 0 0 LORI CARPER DIRECTOR OF EVENTS & INTERNATIONAL 174385 0 23750 0 193 0 13403 0 12323 0 224054 0 0 0 ENRICA BLEVINS DIRECTOR OF PROFESSIONAL DEVELOPMENT 187509 0 29102 0 45 0 2166 0 0 0 218822 0 0 0 AMBER BURTON DIRECTOR OF GOVT AFFAIRS & ADVOCACY 151401 0 21078 0 30 0 6995 0 31898 0 211402 0 0 0 LEE PENROD WEB DEVELOPER 135653 0 19501 0 30 0 11166 0 33846 0 200196 0 0 0 KAREN DRISCOLL DIRECTOR OF TREPAC 162736 0 22500 0 30 0 1863 0 13018 0 200147 0 0 0 ERICK DEL ORBE WEB DEVELOPER 133279 0 19501 0 30 0 8205 0 36220 0 197235 0 0 0 CYNTHIA WILLIAMS DIRECTOR OF MEMBERSHIP 132414 0 22252 0 198 0 11008 0 14658 0 180530 0 0 0 RHONDA FLOWERS DIRECTOR OF BRANCH OPERATIONS 129713 0 20250 0 3581 0 9056 0 14573 0 177173 0 0 0 CLAUDIA HERNANDEZ DIRECTOR OF VIDEO SERVICES 130265 0 18000 0 27 0 10430 0 13007 0 171729 0 0 0 ROZ CREW DIRECTOR OF MEMBER ENGAGEMENT 126423 0 19501 0 10218 0 9707 0 3585 0 169434 0 0 0 ABBAS RIZVI BROTHER 77690 EMPLOYEE 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERSHIP IS COMPRISED OF REAL ESTATE AGENTS AND BROKERS AS WELL AS OTHER REAL ESTATE SERVICE PROVIDERS. FORM 990, PART VI, SECTION A, LINE 7A ON OR BEFORE MAY 10TH EACH YEAR, MEMBERS ARE NOTIFIED OF THE ANNUAL ELECTION OF DIRECTORS AND THE OPPORTUNITY TO SEEK ELECTION FOR A POSITION FOR WHICH THEY ARE ELIGIBLE, ALL IN ACCORDANCE WITH THE TEXAS NON PROFIT CORPORATION ACT. THE BOARD OF DIRECTORS IS COMPRISED OF CERTAIN MEMBERS IN SUCH NUMBERS FROM THE VARIOUS DIRECTOR POSITION CATEGORIES AS FOLLOWS: LARGEST FIRM - 2 LARGE FIRM - 2 MEDIUM FIRM - 2 SMALL FIRM - 2 GEOGRAPHIC DISTRICT - 5 COMMERCIAL - 2 APPOINTMENT - 2 EXECUTIVE COMMITTEE - 6 AT LARGE - 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF SIX OFFICERS, CHAIR, CHAIR-ELECT, 2 VICE CHAIR AND SECRETARY/TREASURER WHO ARE ELECTED FROM WITHIN THE BOARD OF DIRECTORS AND THE IMMEDIATE PAST CHAIR. WITH THE EXCEPTION OF THE APPOINTED DIRECTORS, WHO SERVE 1-YEAR TERMS, ALL OTHERS ARE ELECTED BY THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE ORGANIZATION'S BYLAWS ARE SUBJECT TO APPROVAL BY THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B HOUSTON ASSOCIATION OF REALTORS USES A PRIVATE INTRANET SITE AS AN ONLINE BOARD OF DIRECTORS ROOM TO DISTRIBUTE INFORMATION TO BOARD MEMBERS. THE FORM 990 WAS POSTED TO THE ONLINE BOARD OF DIRECTORS MEETING ROOM AND WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE AT ITS DECEMBER MEETING. THE CONTROLLER AND EXECUTIVE VICE PRESIDENT OF HOUSTON ASSOCIATION OF REALTORS INITIALLY REVIEW THE 990. UPON THE RESOLUTION OF ANY QUESTIONS RAISED BY THESE TWO INDIVIDUALS AND ANY CHANGES THAT RESULT FROM THIS REVIEW, THE COMPLETED DOCUMENT IS THEN DISTRIBUTED TO THE PRINCIPAL OFFICER FOR FINAL REVIEW. A COPY OF THE 990 IS MADE AVAILABLE TO THE BOARD VIA THE ONLINE BOARD OF DIRECTORS MEETING ROOM INTRANET SITE. THE FORM 990 WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE AT THEIR DECEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL DIRECTORS ANNUALLY. THEY ARE ASKED TO ACKNOWLEDGE RECEIPT BY RETURNING A SIGNED ACKNOWLEDGEMENT. WHEN DISCUSSION OCCURS AND/OR VOTES ARE TAKEN IN BOARD MEETINGS AND A MEMBER INDICATES A CONFLICT OF INTEREST, SUCH CONFLICTS ARE NOTED IN THE MINUTES FOR THE MEETING AND THE MEMBER ABSTAINS FROM ANY VOTE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATIONS BYLAWS, WHICH ARE APPROVED BY THE BOARD OF DIRECTORS AND THE GENERAL MEMBERSHIP HAS DELEGATED TO THE EXECUTIVE COMMITTEE RESPONSIBILITY FOR DETERMINING ANNUALLY THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND OTHER KEY EMPLOYEES IS EQUITABLE AND REASONABLE. THE BOARD ENGAGES A COMPENSATION CONSULTANT ANNUALLY TO WORK WITH THE COMMITTEE IN THE COMPENSATION EVALUATION, AS WELL AS ANNUAL INDUSTRY AND LOCAL COMPENSATION SURVEYS AND OTHER 990'S FILED BY COMPARABLE ORGANIZATIONS. BASED ON ITS EVALUATION, THE EXECUTIVE COMMITTEE MAKES RECOMMENDATION FOR TOTAL COMPENSATION, INCLUDING INCENTIVE COMPENSATION AND BENEFITS FOR ALL EMPLOYEES WHICH ARE INCLUDED IN THE ANNUAL BUDGET. THE BOARD APPROVES THE ANNUAL BUDGET BASED ON THIS RECOMMENDATION AND THE ORGANIZATION'S CURRENT FINANCIAL SITUATION. FORM 990, PART VI, SECTION C, LINE 18 IN ACCORDANCE WITH SECTION 6104, HOUSTON ASSOCIATION OF REALTORS HAS MADE PUBLIC FORMS 990 AND 990-T UPON REQUEST. FORMS 990 AND 990T ARE ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 HOUSTON ASSOCIATION OF REALTORS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON IN-PERSON REQUEST. FORM 990 PART XII PART 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE 2023 TAX YEAR. HOUSTON REALTORS INFORMATION SERVICE INC 3693 SOUTHWEST FREEWAY HOUSTON TX 77027 760631955 REAL ESTATE INFORMATION SERVICE TX N/A C 1.00000 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 1 0 0 HOUSTON REALTORS INFORMATION SERVICES INC L 797787 ALLOCATION BASED UPON ACTUAL COST HOUSTON REALTORS INFORMATION SERVICES INC N 111703 REASONABLE OVERHEAD ALLOCATION HOUSTON REALTORS INFORMATION SERVICES INC O 5778266 ALLOCATION OF EMPLOYEE TIME HOUSTON REALTORS INFORMATION SERVICES INC Q 9070533 REIMBURSEMENT OF EXPENSES HOUSTON REALTORS INFORMATION SERVICES INC F 1000000 ACTUAL DIVIDEND RECEIVED