2022-07-05T11:41:37-05:00 2021-12-31 593204548 JAMES MOORE & COPL 121 EXECUTIVE CIRCLE DAYTONA BEACH FL 321141180 990 2021-01-01 596151125 DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC DAYT 3866777131 1716 RIDGEWOOD AVE HOLLY HILL FL 321171736 MARK DOUGHERTY CHIEF EXECUTIVE OFFICER 3866777131 2022-07-05 1 MARK DOUGHERTY 999009999 JAMES A HALLERAN P00005496 3862574100 2022-07-05 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MARK DOUGHERTY 1716 RIDGEWOOD AVE HOLLY HILL FL 321171736 2851130 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 9 203 1319705 266406 0 0 2423386 2745422 43527 17928 22655 31412 2489568 2794762 18459 64080 0 0 586452 626960 0 0 0 1588380 1781013 2193291 2472053 296277 322709 4070932 4457024 1080669 1144052 2990263 3312972 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 REALIST, 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 23 0 9 1 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X MARK DOUGHERTY 3866777131 1716 RIDGEWOOD AVENUE HOLLY HILL FL 321171736 HAROLD BRILEY II PAST PRESIDENT 2.00 X X 0 0 0 JUSTIN FALB VICE PRESIDENT 2.00 X X 0 0 0 ALISA ROGERS PRESIDENT 2.00 X X 0 0 0 JOHN BAILEY TREASURER 2.00 X X 0 0 0 DOROTHY BYRNE MLS CHAIRMAN 2.00 X 0 0 0 MARSHA COOKSEY PRESIDENT-ELECT 2.00 X X 0 0 0 DANIEL MCHONE ONE YEAR DIRECTOR 2.00 X 0 0 0 THERESA GEYER TWO YEAR DIRECTOR 2.00 X 0 0 0 LUCY STEWART DESMORE ONE YEAR DIRECTOR 2.00 X 0 0 0 FELICIA CARUSO TWO YEAR DIRECTOR 2.00 X 0 0 0 NANCY-ELLEN DANCE-OTTE TWO YEAR DIRECTOR 2.00 X 0 0 0 PHATE MABRY TWO YEAR DIRECTOR 2.00 X 0 0 0 MARY SMITH TWO YEAR DIRECTOR 2.00 X 0 0 0 KRISTIN PETERSEN ONE YEAR DIRECTOR 2.00 X 0 0 0 MARK DOUGHERTY CEO 40.00 X 159590 0 32730 SHERRY DOHMEN ASST. ASSOCIATION EXECUTIVE 40.00 X 73520 0 4884 233110 0 37614 1 0 1 0 FINANCIAL BUSINESS SERVICES PO BOX 3163 FARGO ND 58108 MLS FEES 284464 CORELOGIC SOLUTIONS LLC PO BOX 547239 DALLAS TX 752847239 SOFTWARE PROGRAMS 159926 2 MULTIPLE LISTING SERVICES DUES & 511190 1319705 1319705 MEMBERSHIP DUES & FEES 541900 1211230 1211230 APPLICATION FEES 541900 143960 143960 MULTILOCK SYSTEM FEES 541900 48530 48530 EDUCATION INCOME 611430 21997 21997 2745422 21251 21251 1710 5033 -3323 -3323 -3323 45469 49601 -4132 -4132 10823 1734 9089 9089 MISCELLANEOUS REVENUE 541900 26455 26455 26455 2794762 1461261 1319705 13796 61580 2500 270454 264553 6974 45971 39008 22601 250 32617 15247 760606 17158 13677 UBI TAXES 64008 MULTIPLES LISTING SERVI 465923 COMMITTEES 139055 BANK & CREDIT CARD FEES 78407 171464 2472053 1058907 1233757 2669873 2682215 4437 7145 926 10688 11782 11948 875774 364503 325007 511271 4070932 4457024 52594 61753 979545 1082299 48530 0 1080669 1144052 X 2990263 3312972 2990263 3312972 4070932 4457024 322709 0 X X 0 1 X 1 0 FLORIDA REALTORS POLITICAL ADVOCACY COMMITTEE 200 S MONROE STREET TALLAHASSEE FL 32301 463247113 0 44403 0 0 0 1211230 279451 -279451 0 1 X 411020 411020 345335 269078 76257 119419 95425 23994 511271 X 2849420 0 2849420 -54658 -54658 2794762 2526711 54658 54658 2472053 0 2472053 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 ORGANIZATION 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -49,601. COST OF GOODS SOLD REPORTED ON 990 PART VIII -1,734. LOSS ON DISPOSITION OF ASSETS REPORTED ON 990 PART VIII -3,323. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 49,601. COST OF GOODS SOLD REPORTED ON 990 PART VIII 1,734. LOSS ON DISPOSITION OF ASSETS REPORTED ON 990 PART VIII 3,323. BANQUET 25699 25699 32505 100TH ANNIVERSARY GALA 11250 11250 2098 36949 36949 34603 34603 2346 1 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION ONE DAYTONA BLVD SUITE 240 DAYTONA BEACH FL 321141252 273203032 501(C)(6) 10000 0 ECONOMIC DEVELOPMENT DAYTONA BEACH AREA ASSOCIATION OF REALTORS FOUNDATION INC 1716 RIDGEWOOD AVENUE HOLLY HILL FL 32117 562675705 501(C)(3) 43280 0 SCHOLARSHIPS, ADOPT-A-SCHOOL, AND REALTOR NIGHT AT THE BALLPARK 1 1 PART I, LINE 2: THE ORGANIZATION CONDUCTS AN ANNUAL REVIEW. X X 1 1 X X 0 0 0 MARK DOUGHERTY CEO 146625 0 12965 0 0 0 4530 0 28200 0 192320 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 (USUALLY THEIR SPOUSE BUT IT CAN BE ANOTHER PERSON). DISCRETIONARY SPENDING ACCOUNT: THE PRESIDENT HAS A DISCRETIONARY SPENDING ACCOUNT EACH YEAR IN THE AMOUNT OF $2,500. FORM 990, PART V, LINE 2: 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. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS SEVEN 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) INSTITURE AFFILIATE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 3) AFFILIATE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 4) PUBLIC SERVICE MEMBERS - THESE MEMBERS DO NOT HAVE THE RIGHT TO ELECT OR TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY.5) HONORARY MEMBERS - THESE MEMBERS CAN ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE THE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 6) HONORARY LIFE MEMBERS - THESE MEMBERS CAN ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE THE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. 7) 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 MEMBERS, HONORARY LIFE 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 OVER $10,000 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. DAYTONA BEACH AREA ASSOCIATION OF REALTORS FOUNDATION 1716 RIDGEWOOD AVENUE HOLLY HILL FL 32117 562675705 CHARITABLE EDUCATION FL 501(C)(3) LINE 11 N/A 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0