2026-04-15T13:32:53-05:00 2025-12-31 455310918 FRANK BARCALOW CPA PLLC 1434 DISPATCH STATION ROAD QUINTON VA 23141 990 2025-01-01 540461014 VIRGINIA ASSOCIATION OF REALTORS VIRG 8042645033 10231 TELEGRAPH ROAD GLEN ALLEN VA 23059 RICHARD LUGG CEO 8042645033 2026-04-15 1 SHARON HART P00446788 8042414471 2025 2025-03-06 01:10:19Z RICHARD LUGG 10231 TELEGRAPH ROAD GLEN ALLEN VA 23059 13602287 0 X WWW.VIRGINIAREALTORS.ORG X 1920 VA THE ASSOCIATION SHALL BE A NON PROFIT CORPORATION HAVING THE PURPOSE, IN CONCERT WITH ITS MISSION ASSOCIATIONS, TO ENHANCE THE ABILITY OF ITS MEMBERS TO ACHIEVE CAREER SUCCESS IN AN ETHICAL AND PROFESSIONAL MANNER AND TO PROMOTE AND PROTECT PRIVATE PROPERTY RIGHTS. 27 27 39 0 0 0 0 0 8317966 8228016 1259100 2203895 83238 72879 9660304 10504790 844367 376402 0 0 6298395 5585013 0 0 0 2791443 2770485 9934205 8731900 -273901 1772890 25999957 27161530 6164428 5789814 19835529 21371716 X THE ORGANIZATION WAS ORGANIZED TO UNITE ITS MEMBERSHIP IN ACTIVITIES TO EFFECTIVELY EXERT A COMBINED INFLUENCE UPON MATTERS AFFECTING THE REAL ESTATE INDUSTRY, TO ELEVATE THE STANDARDS OF THE REAL ESTATE INDUSTRY THROUGHOUT THE STATE AND TO PROMOTE THE PROFESSIONAL AND ETHICAL CONDUCT OF PERSONS ENGAGED THEREIN, AND TO PROMOTE THE COMMON BUSINESS INTERESTS OF THE REAL ESTATE INDUSTRY. IN FURTHERANCE OF THESE EXEMPT PURPOSES THE ASSOCIATION PROVIDES EDUCATION AND PROGRAMS SPECIFIC TO THE INDUSTRY, SPONSORS THE ANNUAL CONVENTION, DEVELOPS AND UPDATES FORMS THAT REFELCT VIRGINIA LAW AS IT RELATES TO THE REAL ESTATE INDUSTRY, AND ACTS AS A LIASON BETWEEN VIRGINIA REALTORS AND STATE GOVERNMENT. 0 0 THE ASSOCIATION PROVIDES EDUCATION AND TOOLS SPECIFIC TO THE REAL ESTATE INDUSTRY, HOSTED MULTIPLE EVENTS THROUGHOUT THE YEAR, AND ACTED AS A LIASON BETWEEN REALTORS AND THE STATE GOVERNMENT, ADVOCATING ON BEHALF OF THE MEMBERSHIP. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 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 0 0 1 54 0 39 1 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X CAROL THOMPSON 8042645033 10231 TELEGRAPH ROAD GLEN ALLEN VA 23059 LORRAINE ARORA PRESIDENT 2.00 X X 0 0 0 CURT REICHSTETTER PRESIDENT - ELECT 2.00 X X 0 0 0 SHERRY MASER VICE PRESIDENT 2.00 X X 0 0 0 DIRON CLEMENTS TREASURER 2.00 X X 0 0 0 GUY ALLEN BOARD MEMBER 2.00 X 0 0 0 MARY ANN BURSTEIN BOARD MEMBER 2.00 X 0 0 0 NICOLE CANOLE BOARD MEMBER 2.00 X 0 0 0 REGGIE COPELAND BOARD MEMBER 2.00 X 0 0 0 MICHELLE DOHERTY BOARD MEMBER 2.00 X 0 0 0 CHARLES EDMONDS BOARD MEMBER 2.00 X 0 0 0 MARY ELLSWORTH BOARD MEMBER 2.00 X 0 0 0 JOHN FINN BOARD MEMBER 2.00 X 0 0 0 RACHEL FOSTER BOARD MEMBER 2.00 X 0 0 0 ANDREW FRISTOE BOARD MEMBER 2.00 X 0 0 0 KELLY GRIFFIN BOARD MEMBER 2.00 X 0 0 0 LYNN GRIMSLEY BOARD MEMBER 2.00 X 0 0 0 CYNTHIA HAWKS WHITE BOARD MEMBER 2.00 X 0 0 0 CYNTHIA HORNSBY BOARD MEMBER 2.00 X 0 0 0 VONDA LACEY BOARD MEMBER 2.00 X 0 0 0 GARY LANGE JR BOARD MEMBER 2.00 X 0 0 0 KAERA MIMS BOARD MEMBER 2.00 X 0 0 0 TAMAR MYERS-MOFFATT BOARD MEMBER 2.00 X 0 0 0 CHANDRA PATTERSON BOARD MEMBER 2.00 X 0 0 0 DONNA PATTON BOARD MEMBER 2.00 X 0 0 0 TRACI SHOBERG BOARD MEMBER 2.00 X 0 0 0 KAREN SMITH BOARD MEMBER 2.00 X 0 0 0 DERRICK SWAAK BOARD MEMBER 2.00 X 0 0 0 RICHARD LUGG CEO 40.00 X X 366379 0 34591 ADAM SMITH CHIEF PROGRAMS OFFICER 40.00 X 219798 0 22379 MARY LAWSON CHIEF LOBBYIST 40.00 X 212273 0 23569 RYAN PRICE SENIOR VP / CHIEF ECONOMIST 40.00 X 212273 0 22111 STEPHEN DALEY SENIOR VP / MARKETING AND MEMBERSHIP 40.00 X 167823 0 22737 ERIN KORMAN GENERAL COUNSEL/ CHIEF ADVOCACY OFFICER 40.00 X 211737 0 24622 MARTIN JOHNSON CHIEF EXTERNAL AFFAIRS OFFICER 40.00 X 300050 0 18308 TERRIE SUIT FORMER CEO 0.00 X 318750 0 0 2009083 0 168317 8 1 1 0 0 MEMBERSHIP DUES 900099 7672106 7672106 CONFERENCES/CONVENTION 900099 377990 377990 ADMINISTRATIVE FEES 561000 100000 100000 COURSE FEES 611710 77920 77920 8228016 636514 636514 72879 72879 4664878 3097497 1567381 1567381 1567381 10504790 10504790 0 0 376402 4601673 261360 404558 317422 26230 128472 38822 114034 28922 243262 130070 91318 518149 23070 545103 125913 43833 MISCELLANEOUS 395021 MERCHANT BANK FEES 193987 CONTRACT HELP 65052 BOARD AND OFFICER 59227 8731900 500 499 5278465 5888305 13661 8399 160677 132246 4365249 3396880 1102784 968369 18981258 19672417 462612 491295 25999957 27161530 529405 175658 5047048 5113737 587975 500419 6164428 5789814 X 19835529 21371716 19835529 21371716 25999957 27161530 1772890 -236703 0 X 0 1 X 1 0 0 0 0 7672106 727126 727126 794830 -67704 755568 755568 2672503 2581216 91287 464489 388825 75664 472689 426839 45850 968369 ST LEASE LIABILITY 81474 LT LEASE LIABILITY 418945 500419 10139615 -236703 -236703 10376318 128472 128472 10504790 8603428 0 8603428 128472 128472 8731900 0 REALTORS RELIEF FOUNDATION 430 N MICHIGAN AVENUE CHICAGO IL 60611 35000 0 SUPPORT HOMEOWNERS DURING DISASTERS X X 0 0 0 RICHARD LUGG CEO 361379 0 5000 0 0 0 20673 0 13918 0 400970 0 0 0 TERRIE SUIT FORMER CEO 318750 0 0 0 0 0 0 0 0 0 318750 0 0 0 MARTIN JOHNSON CHIEF EXTERNAL AFFAIRS OFFICER 295050 0 5000 0 0 0 7210 0 11098 0 318358 0 0 0 ADAM SMITH CHIEF PROGRAMS OFFICER 214798 0 5000 0 0 0 13212 0 9167 0 242177 0 0 0 ERIN KORMAN GENERAL COUNSEL/ CHIEF ADVOCACY OFFI 191737 0 20000 0 0 0 12726 0 11896 0 236359 0 0 0 MARY LAWSON CHIEF LOBBYIST 199273 0 13000 0 0 0 12762 0 10807 0 235842 0 0 0 RYAN PRICE SENIOR VP / CHIEF ECONOMIST 199273 0 13000 0 0 0 12482 0 9629 0 234384 0 0 0 STEPHEN DALEY SENIOR VP / MARKETING AND MEMBERSHIP 154823 0 13000 0 0 0 10089 0 12648 0 190560 0 0 0 Form 990, Part VI, Section A, line 6 THE VIRGINIA ASSOCIATION OF REALTORS IS A MEMBERSHIP ORGANIZATION THAT PROVIDES CONTINUING PROFESSIONAL EDUCATION, MEMBER BENEFITS, PUBLIC RELATIONS ACTIVITIES TO ENHANCE THE REALTORS BRAND, COMMUNITY OUTREACH TO THE PUBLIC, ADVOCACY TO LEGISLATORS AND REGULATORS ON MATTERS OF INTEREST TO REALTORS AND THE PUBLIC. Form 990, Part VI, Section A, line 7a THE BOARD OF DIRECTORS IS ELECTED BY MEMBERSHIP. Form 990, Part VI, Section B, line 11b THE CEO AND THE CONTROLLER REVIEW THE 990 FIRST; THEN IT IS PROVIDED TO THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c EACH YEAR, EACH MEMBER OF THE BOARD OF DIRECTORS, COMMITTEES, AND OTHER MEMBER WORKING GROUPS WILL EXECUTE A STATEMENT CONFIRMING THAT 1) THE MEMBER COMMITS TO ADHERE TO VAR'S CONFLICT OF INTEREST POLICIES, AND 2) THE MEMBER HAS NOT BEEN INVOLVED IN ANY ACTIVITY OR RELATIONSHIP THAT HAS NOT BEEN DISCLOSED AS REQUIRED BY THIS POLICY THAT WOULD CONSTITUTE A CONFLICT OF INTEREST. Form 990, Part VI, Section B, line 15a THE BOARD REVIEWS AND APPROVES THE OPERATING BUDGET AND DELEGATES ANNUAL REVIEW AND APPROVAL OF THE CHIEF EXECUTIVE OFFICER COMPENSATION TO THE LEADERSHIP TEAM. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE MEMBERSHIP UPON REQUEST. REALTORS' POLITICAL ACTION COMMITTEE OF VIRGINIA 10231 TELEGRAPH ROAD GLEN ALLEN VA 23059 540899688 SUPPORTS POLITICAL CANDIDATES VA 527 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 REALTORS' POLITICAL ACTION COMMITTEE OF VIRGINIA C 100000 ACTUAL REALTORS' POLITICAL ACTION COMMITTEE OF VIRGINIA L 215000 INKIND SERVICE BASED ON % OF TIME