2025-02-06T13:03:48-06:00 2024-09-30 363168081 SIKICH LLC 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2023-10-01 362085931 MAINSTREET ORGANIZATION OF REALTORS MAIN 6303248400 6655 MAIN STREET DOWNERS GROVE IL 605162823 PATRICK CAFFARELLI CFO 6303248400 2025-02-05 1 1 HEATHER BONIFAS CPA P01711657 6305668400 2025-02-05 2023 2025-03-06 01:10:19Z MAINSTREET REALTORS JOHN GORMLEY 6655 MAIN STREET DOWNERS GROVE IL 605162823 11946508 0 X WWW.SUCCEEDWITHMORE.COM X 1921 IL TO PROMOTE PROFESSIONALISM AND COOPERATION AMONG MEMBER REAL ESTATE ASSOCIATES. 16 16 37 18 0 0 0 0 7072701 7192550 1129718 1485472 972495 328843 9174914 9006865 0 0 0 0 3547545 3242181 0 0 0 4583345 4452411 8130890 7694592 1044024 1312273 26302753 29194758 7854474 7129634 18448279 22065124 THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING PROFESSIONALISM AND COOPERATION AMONG MEMBER REAL ESTATE ASSOCIATES. 0 0 THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING PROFESSIONALISM AND COOPERATION AMONG MEMBER REAL ESTATE ASSOCIATES. 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 0 0 0 0 0 0 0 1 1 1 1 0 1 12 0 37 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PATRICK CAFFARELLI 6303248400 6655 S MAIN STREET DOWNERS GROVE IL 60516 DEBBIE PAWLOWICZ PAST PRESIDENT (THRU 8/30/2024) 2.00 X X 0 0 0 TIM RYAN PAST PRESIDENT 2.00 X X 0 0 0 CONNIE VAVRA PRESIDENT 2.00 X X 0 0 0 KINGA KORPACZ PRESIDENT ELECT 2.00 X X 0 0 0 GREG PHILLIPS TREASURER 2.00 X X 0 0 0 BRIAN PALM DIRECTOR 1.00 X 0 0 0 DEBORA PRODEHL DIRECTOR 1.00 X 0 0 0 SHIRIN MARVI DIRECTOR 1.00 X 0 0 0 CARRIE LITTLE DIRECTOR 1.00 X 0 0 0 TIGI TASSO DIRECTOR 1.00 X 0 0 0 JENNIFER SJOBLOAN DIRECTOR 1.00 X 0 0 0 ANNETTE PANZEK DIRECTOR 1.00 X 0 0 0 SHEENA BAKER DIRECTOR 1.00 X 0 0 0 DAVID FARREL DIRECTOR 1.00 X 0 0 0 KAREN KRAMFORD DIRECTOR 1.00 X 0 0 0 DAVID CARLIN DIRECTOR 1.00 X 0 0 0 HARRIET KUBICZ DIRECTOR 1.00 X 0 0 0 JOHN GORMLEY CEO 34.00 X 415116 0 48320 PATRICK CAFFARELLI CFO 34.00 X 195762 0 9259 KIM MCCOY COO 34.00 X 177421 0 10051 AMY ROBEY VP MARKETING 34.00 X 130932 0 37156 KATE SAX CSIO 34.00 X 150666 0 13260 1069897 0 118046 5 0 1 0 SENTRILOCK PO BOX 706327 CINCINNATI OH 45270 LOCKBOX AND SERVICE 1195623 SIRIUS BUSINESS SERVICES 42 BIRCHWOOD DR PALOS PARK IL 60464 IT CONSULTANT 244720 PROSPER STRATEGIES 310 SUNSET CT NORTHBROOK IL 60062 MARKETING 212017 FOREWARN 2650 N MILITARY TRAIL BOCA RATON FL 30431 MEMBER BENEFIT-SECURITY 180000 AUGUST PARTNERS 296 SW BIRDSHILL ROAD PORTLAND OR 97219 MARKETING, BRANDING & WEB SITE 173222 5 ASSOCIATION DUES & FEES 531390 4542604 4542604 SENTRILOCK KEYCARD FEES 531390 1551447 1551447 CONTINUING EDUCATION AND OTHER PR 531390 573644 573644 FOREWARN INCOME 900099 463785 463785 NETWORKING EVENTS 900099 38130 38130 22940 22940 7192550 1013018 1013018 251048 0 251048 251048 251048 3312794 2839552 788 473242 -788 472454 472454 170294 99303 70991 70991 OTHER INCOME 900099 6804 6804 6804 9006865 7270345 0 1736520 682608 2042686 335488 181399 7440 151067 14703 253564 37625 342877 699887 3469 136175 467332 36140 SENTRILOCK EXPENSE 924134 CONTINUING EDUCATION 196206 FORWARN EXPENSE 180000 MEMBERSHIPS 154389 847403 7694592 209368 403316 4853085 5439163 382406 324425 20722 16816 287215 256458 7730153 3486754 4319134 4243399 15166224 17621583 23749 22983 1040850 866615 26302753 29194758 783879 865187 2397596 2391268 4672999 3873179 7854474 7129634 X 18170605 21772986 277674 292138 18448279 22065124 26302753 29194758 X 1312273 2285421 -11077 30228 X 0 1 X 1 0 MORE PAC 6655 MAIN STREET DOWNERS GROVE IL 605162823 362085931 49300 0 1 0 320600 320600 2885726 1529188 1356538 3208791 1385629 1823162 980953 571937 409016 334083 334083 4243399 DUE TO MLS 2888880 LEASE LIABILITY 984299 3873179 X PART X, LINE 2: MAINSTREET ORGANIZATION OF REALTORS IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. MAINSTREET ORGANIZATION OF REALTORS'S WHOLLY OWNED FOR-PROFIT SUBSIDIARY, DUPAGE ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE, INC., IS A TAXABLE ENTITY AND, THEREFORE, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE DUPAGE ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE, INC. OPERATES AS A FOR-PROFIT CORPORATION AND IS LIABLE FOR FEDERAL AND STATE INCOME TAXES. PAC IS A SEPARATE SEGREGATED FUND OF THE ORGANIZATION. PAC IS ONLY SUBJECT TO INCOME TAX AS A SEPARATE SEGREGATED FUND UNDER SECTION 527 OF THE IRC ON INVESTMENT INCOME, IF ANY. THE ORGANIZATION FOLLOWS AUTHORITATIVE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS NOT BEEN MET. THIS GUIDANCE ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE ORGANIZATION CONDUCTS BUSINESS SOLELY IN THE U.S. AND, AS A RESULT, FILES INFORMATION RETURNS FOR U.S. AND ILLINOIS. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION'S 2022, 2021, AND 2020 TAX YEARS ARE OPEN. X X X X X 0 0 0 JOHN GORMLEY CEO 387753 0 27363 0 0 0 14850 0 33470 0 463436 0 0 0 PATRICK CAFFARELLI CFO 192078 0 3684 0 0 0 8644 0 615 0 205021 0 0 0 KIM MCCOY COO 166595 0 10826 0 0 0 3578 0 6473 0 187472 0 0 0 AMY ROBEY VP MARKETING 128123 0 2809 0 0 0 6546 0 30610 0 168088 0 0 0 KATE SAX CSIO 147748 0 2918 0 0 0 6787 0 6473 0 163926 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 8 CLASSES OF MEMBERS WHICH INCLUDES: REALTOR MEMBERS, AFFILIATE MEMBERS, PUBLIC SERVICE MEMBERS, HONORARY MEMBERS, STUDENT MEMBERS, REALTORS EMERITUS MEMBERS, HONORARY LIFE MEMBERS AND DISTIGNUISHED MEMBERS. REALTOR MEMBERS ARE GIVEN VOTING RIGHTS. ALL OF THE MEMBERS PRIVILEGES AND OBLIGATIONS ARE OUTLINED IN THE ORGANIZATION'S BY-LAWS AND AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 11B A FORMAL REVIEW OF THE 990 IS CONDUCTED BY THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICTS, IF ANY, ARE CONSIDERED AT MONTHLY BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION IS COMPARED TO MARKET STUDIES FOR SIMILAR ORGANIZATIONS FOR REASONABLENESS. COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR OTHER POSITIONS IS REVIEWED AND APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: RESTRICTED NET ASSETS: PAC 30,228. MORE DOWNERS GROVE LLC 6655 S MAIN STREET DOWNERS GROVE IL 60516 832023715 RENTAL BUILDING IL -221708 3831241 MAINSTREET ORGANZIATION OF REALTORS DUPAGE ASSOCIATION OF REALTORS 6655 S MAIN STREET DOWNERS GROVE IL 60516 363877912 DIST OF INFORMATION IL MAINSTREET ORGANIZATION OF REALTORS C -60980 3072396 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 DUPAGE ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE INC E 2888880 COST METHOD DUPAGE ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE INC O 691359 COST METHOD