2026-09-24T08:28:16-05:00 2025-12-31 593204548 JAMES MOORE & COPL 121 EXECUTIVE CIRCLE DAYTONA BEACH FL 321141180 990 2025-01-01 596151125 DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC DAYT 3866777131 1716 RIDGEWOOD AVENUE HOLLY HILL FL 321171736 LEAH SELIG CHIEF EXECUTIVE OFFICER 3866777131 2026-09-23 1 JAMES A HALLERAN P00005496 3862574100 2026-09-23 2025 LEAH SELIG 1716 RIDGEWOOD AVENUE HOLLY HILL FL 321171736 2745287 0 X WWW.DAYTONAREALTORS.COM X 1965 FL THE ASSOCIATION WAS ORGANIZED TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THIS COMMUNITY WITH THE FLORIDA AND THE NATIONAL ASSOCIATION OF REALTORS THEREBY FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE AND NATION. 14 14 13 148 1254691 6988 2000 0 2777373 2631998 94663 14322 -25062 -4533 2848974 2641787 80000 15528 0 0 809420 809887 0 0 0 2035533 2004838 2924953 2830253 -75979 -188466 3985521 3654617 735402 592964 3250119 3061653 THE ASSOCIATION WAS ORGANIZED TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THIS COMMUNITY WITH THE FLORIDA AND NATIONAL ASSOCIATION OF REALTORS THEREBY FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE AND NATION. 0 0 TO UPGRADE AND ELEVATE THE PRACTICE OF THE REAL ESTATE PROFESSION AND TO IMPROVE THE CONDITIONS OF THE REAL ESTATE ENTITY THROUGH THE PROMOTION OF EDUCATION, MAINTENANCE OF HIGH STANDARDS OF CONDUCT, FORMULATION AND PROMULGATION OF THE CODE OF ETHICS FOR MEMBERS AND THE PROTECTION OF PRIVATE PROPERTY AND ITS FREE TRANSFERABILITY. THE ORGANIZATION'S OTHER PROGRAM SERVICES INCLUDE IMAPP, DATA CHECKER, SUPRA ELECTRONIC LOCKBOX SYSTEM, LISTHUB, PROFESSIONAL DEVELOPMENT, TECHNOLOGY TRAINING, TRANSACTION DESK, DATA COOP AND CENTRALIZED SHOWING. 0 0 1 1 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 29 0 1 13 1 1 1 0 0 0 0 0 0 0 X 14 14 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X LEAH SELIG 3866777131 1716 RIDGEWOOD AVENUE HOLLY HILL FL 321171736 KRISTIN PETERSEN PRESIDENT 2.00 X X 2500 0 0 MARY SMITH PRESIDENT ELECT 2.00 X X 0 0 0 FELICIA CARUSO VICE PRESIDENT 2.00 X X 0 0 0 PATRICIA LYNN TREASURER 2.00 X X 0 0 0 PHATE MABRY IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 IAN ANDERSON ONE YEAR DIRECTOR 2.00 X 0 0 0 JOHN BAILEY TWO YEAR DIRECTOR 2.00 X 0 0 0 LORI CLARK TWO YEAR DIRECTOR 2.00 X 0 0 0 WILLIAM NAVARRA TWO YEAR DIRECTOR 2.00 X 0 0 0 NANCY CORTEZ MLS CHAIRMAN 2.00 X 0 0 0 MARIA LEWIS ONE YEAR DIRECTOR 2.00 X 0 0 0 FELICIA NOBLE ONE YEAR DIRECTOR 2.00 X 0 0 0 LES PUC TWO YEAR DIRECTOR 2.00 X 0 0 0 HAROLD BRILEY TWO YEAR DIRECTOR UNTIL 11/2025 2.00 X 0 0 0 JAMI GALLEGOS TWO YEAR DIRECTOR AS OF 11/2025 2.00 X 0 0 0 LEAH SELIG CEO 40.00 X 217499 0 7405 DENNIS KIRSCHBAUM FINANCE DIRECTOR 40.00 X 70847 0 13367 290846 0 20772 1 0 1 0 FINANCIAL BUSINESS SYSTEMS PO BOX 3163 FARGO ND 58108 MLS FEES 273064 1 MEMBERSHIP DUES & FEES 541900 1291456 1291456 MULTIPLE LISTING SERVICES DUES & 513190 1251561 1251561 APPLICATION FEES 541900 64760 64760 EDUCATION INCOME 611430 24221 24221 2631998 66888 66888 3745 3745 52566 -52566 -52566 -52566 15845 35869 -20024 -20024 15063 15065 -2 -2 MISCELLANEOUS REVENUE 541900 8618 8618 ADVERTISING REVENUE 541800 3130 3130 11748 2641787 1392798 1254691 -5702 15528 311618 375518 6309 65675 50767 31862 23795 250 151963 29400 829478 39000 32102 UBI TAXES 1691 MULTIPLE LISTING SERVIC 442588 PROFESSIONAL DEVELOPMEN 141675 COMMITTEES 106098 174936 2830253 349374 87986 2865469 1217795 97481 28226 6364 9431 33198 61789 2565812 316422 633635 2249390 3985521 3654617 190841 71283 544561 521431 250 735402 592964 X 3250119 3061653 3250119 3061653 3985521 3654617 -188466 0 X 0 1 X 1 0 0 0 0 0 FLORIDA REALTORS POLITICAL ADVOCACY COMMITTEE 200 S MONROE STREET TALLAHASSEE FL 32301 463247113 0 36342 0 0 0 1291456 24379 24379 268930 -244551 PART I-A, LINE 1 THE ORGANIZATION IS INDIRECTLY INVOLVED IN POLITICAL CAMPAIGN ACTIVITIES THROUGH DONATIONS MADE BY MEMBERS THAT ARE PROMPTLY AND DIRECTLY DELIVERED TO THE FLORIDA REALTORS POLITICAL ADVOCACY COMMITTEE. THE ORGANIZATION DOES NOT DIRECTLY CONTROL EITHER THE FUNDS OR THE POLITICAL ACTIVITIES. 0 1 X 194928 194928 1865423 206308 1659115 316930 94999 221931 188531 15115 173416 2249390 X 2745287 52566 52566 2692721 -50934 -50934 2641787 2933753 50934 50934 2882819 -52566 -52566 2830253 PART IV, LINE 2B: THE ORGANIZATION HOLDS DEPOSITS FOR SUPRA DISPLAY KEYS. PART X, LINE 2: THE ASSOCIATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT OF THE ASSOCIATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ASSOCIATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ASSOCIATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS REPORTED ON 990 PART VIII 52,566. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -35,869. COST OF GOODS SOLD REPORTED ON 990 PART VIII -15,065. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 35,869. COST OF GOODS SOLD REPORTED ON 990 PART VIII 15,065. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS REPORTED ON 990 PART VIII -52,566. BANQUET 12400 12400 3316 11738 1799 12400 12400 3316 11738 1799 16853 -4453 1 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION ONE DAYTONA BLVD SUITE 240 DAYTONA BEACH FL 321141252 273203032 501(C)(6) 12000 0 ECONOMIC DEVELOPMENT 0 1 PART I, LINE 2: THE DBAAR DISASTER RELIEF FUND IS ADMINISTERED BY THE BOARD OF DIRECTORS OF THE DAYTONA BEACH AREA ASSOCIATION OF REALTORS WHICH RECEIVES ALL REQUESTS FOR FINANCIAL ASSISTANCE FROM THE FUND. THE BOARD OF DIRECTORS, IN ITS SOLE DISCRETION, MAY DISBURSE UP TO A TWO THOUSAND FIVE HUNDRED DOLLAR ($2,500) CHECK TO THOSE WHO QUALIFY BY VIRTUE OF SUFFERING FINANCIAL LOSS DUE TO A NATURAL DISASTER, INCLUDING BUT NOT LIMITED TO FIRE, FLOOD, WIND OR HURRICANE-RELATED EVENT AND PROPERLY SUBMITTING THE REQUEST FOR ASSISTANCE FORM. X X 1 1 X X 0 0 0 LEAH SELIG CEO 202916 0 14583 0 0 0 6525 0 880 0 224904 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: THE PRESIDENT AND PRESIDENT ELECT ARE ALLOWED TO TAKE A COMPANION WITH THEM WHEN THEY TRAVEL. DISCRETIONARY SPENDING ACCOUNT: THE PRESIDENT HAS A DISCRETIONARY SPENDING ACCOUNT EACH YEAR IN THE AMOUNT OF $2,500. FORM 990, PART V, LINE 2B: THE ORGANIZATION HAS AN EMPLOYEE LEASING AGREEMENT WITH A PROFESSIONAL EMPLOYER ORGANIZATION. IN ACCORDANCE WITH IRS INSTRUCTIONS THE COMPENSATION PAID TO THE LEASING COMPANY HAS BEEN TREATED LIKE COMPENSATION PAID TO A MANAGEMENT COMPANY FOR PURPOSES OF 990 COMPENSATION REPORTING. HOWEVER, SINCE THE ORGANIZATION LEASES ITS EMPLOYEES IT IS NOT RESPONSIBLE FOR FILING ANY FEDERAL EMPLOYMENT TAX RETURNS, RATHER, THE LEASING COMPANY FILED ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE ORGANIZATION. THE ORGANIZATION IS REPORTING THE NUMBER OF EMPLOYEES THAT SHOULD HAVE BEEN FILED BY THE EMPLOYEE LEASING COMPANY. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION REVISED ITS BYLAWS AS OF 9/25/2025. SIGNIFICANT CHANGES ARE AS FOLLOWS: 1. ARTICLE IV, SECTION 1, CHANGED FROM SEVEN MEMBERSHIP CLASSES TO EIGHT, WITH THE MEMBERSHIP STRUCTURE REORGANIZED AND EXPANDED. 2. ARTICLE V, SECTIONS 3 THROUGH 7, CHANGED FROM A CODE OF ETHICS-FOCUSED PROCESS TO ONE THAT ADDS MANDATORY FAIR HOUSING ORIENTATION AND RECURRING FAIR HOUSING TRAINING, AND STREAMLINES PROVISIONAL MEMBERSHIP HANDLING. 3. ARTICLE VI, SECTION 1, CHANGED FROM GENERAL MEMBER OBLIGATIONS TO INCLUDE DISCIPLINE FOR VIOLENCE, THREATS, HATEFUL CONDUCT, AND MORAL TURPITUDE. 4. ARTICLE XI, CHANGED FROM A SMALLER BOARD FRAMEWORK TO A 14-MEMBER STRUCTURE WITH EIGHT ELECTED DIRECTORS, BROKERAGE LIMITS, CLEARER SUCCESSION RULES, AND MORE DETAILED VACANCY PROCEDURES. 5. ARTICLE XII, CHANGED FROM AN ELECTION COMMITTEE/LEADERSHIP DEVELOPMENT COMMITTEE MODEL TO A FORMAL QUALIFICATION AND ELECTRONIC VOTING PROCESS WITH SET TIMELINES, RUNOFF PROCEDURES, AND TIGHTER OFFICER AND DIRECTOR QUALIFICATIONS. 6. ARTICLE XIV, SECTION 6, CHANGED FROM A FIXED QUORUM OF 30 VOTING MEMBERS TO 10% OF THE MEMBERS ELIGIBLE TO VOTE. 7. ARTICLE XV, CHANGED FROM GENERAL COMMITTEE LANGUAGE TO MORE DETAILED RULES FOR STANDING COMMITTEES, ADVISORY GROUPS, QUORUMS, FINANCE COMMITTEE DUTIES, AND EX-OFFICIO ROLES. 8. ARTICLE XVIII, CHANGED FROM A SIMPLER AMENDMENT PROCESS TO FORMAL NOTICE PROCEDURES, ELECTRONIC VOTING WHEN PRACTICAL, AND AUTOMATIC ADOPTION OF MANDATORY NAR AMENDMENTS AFTER BOARD REVIEW. 9. ARTICLE XX, CHANGED MLS LANGUAGE TO CURRENT NAR COOPERATION AND PARTICIPATION TERMINOLOGY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS EIGHT CLASSES OF MEMBERS. 1) REALTOR MEMBERS- THESE MEMBERS CAN ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE THE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. THERE ARE SEVERAL CATEGORIES OF REALTOR MEMBERS. ONLY INDIVIDUAL MEMBERS, PRIMARY & SECONDARY REALTOR MEMBERS, AND DESIGNATED REALTORS HAVE THE RIGHTS MENTIONED ABOVE. 2) FRANCHISE REALTOR MEMBERSHIP- THESE MEMBERS HAVE PRIVALEGES SIMILAR TO REALTOR MEMBERS EXCEPT FOR OBLIGATIONS RELATED TO EDUCATION MANDATES, MEETING ATTENDANCE, AND THE RIGHT TO HOLD OFFICE IN LOCAL, STATE, OR NATIONAL ASSOCIATIONS. 3) INSTITURE AFFILIATE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 4) AFFILIATE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 5) PUBLIC SERVICE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 6) HONORARY MEMBERS - THESE MEMBERS SHALL CONFER ONLY THE RIGHT TO ATTEND MEETINGS AND PARTICIPATE IN DISCUSSIONS. 7) HONORARY LIFE MEMBERS - THESE MEMBERS CAN ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE THE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 8) STUDENT MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING CLASSES HAVE THE RIGHT TO ELECT THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. HONORARY LIFE MEMBERS, FRANCHISE REALTOR MEMBERS, AND REALTOR MEMBERS (INDIVIDUALS, PRIMARY/SECONDARY REALTOR MEMBERS, AND DESIGNATED REALTOR MEMBERS). FORM 990, PART VI, SECTION A, LINE 7B REALTOR MEMBERS (INDIVIDUALS, PRIMARY/SECONDARY REALTOR MEMBERS, AND DESIGNATED REALTOR MEMBERS) HAVE TO APPROVE NON-BUDGETED ITEMS $10,000 OR MORE AND BYLAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, FORM 990 WILL BE REVIEWED AT A REGULARLY SCHEDULED BOARD OF DIRECTOR'S MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS IS ASKED TO SIGN AN OWNERSHIP DISCLOSURE AND CONFLICT OF INTEREST POLICY FORM. ALSO, AT THE BEGINNING OF EACH BOARD MEETING, THE DIRECTORS ARE ASKED IF THEY HAVE ANY CONFLICT WITH ANY ITEM ON THE AGENDA. FORM 990, PART VI, SECTION B, LINE 15A CHIEF EXECUTIVE OFFICER (CEO): THE BOARD OF DIRECTORS HAS AN EXECUTIVE SESSION AFTER A REGULAR BOARD OF DIRECTOR'S MEETING AND DISCUSSES THE CEO'S EVALUATION AND COMPENSATION. THE CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS IS USED AS A REFERENCE. THE BOARD MAINTAINS THE MINUTES FROM THESE EXECUTIVE SESSIONS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE ON THE ORGANIZATION'S WEBSITE AND ARE ALSO AVAILABLE UPON REQUEST. DAYTONA BEACH AREA ASSOCIATION OF REALTORS FOUNDATION 1716 RIDGEWOOD AVENUE HOLLY HILL FL 32117 562675705 CHARITABLE EDUCATION FL 501(C)(3) LINE 11 DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0