STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHARLOTTE REGIONAL REALTOR ASSOCIATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CHARLOTTE REGIONAL REALTOR ASSOCIATION INC (EIN 56-0174058)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-03
IRS object ID
202143079349302659
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-03T14:16:06-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 METROPOLITAN AVE STE 900AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN560174058EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE REGIONAL REALTORBusinessNameLine1Txt
Business Name Line2ASSOCIATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHARBusinessNameControlTxt
Phone7043720911PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARKWAY NO 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANNE MARIE DECATSYEPersonNm
Person TitleCEOPersonTitleTxt
Phone7043720911PhoneNum
Signature2021-10-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANNEPersonFirstNm
Person LastMARIE DECATSYEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMANDA ADAMSPreparerPersonNm
PTINP00748038PTIN
Phone7043771678PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1CANOPY REALTOR ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerANNE MARIE DECATSYEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARKWAY NO 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,942,172GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CAROLINAHOME.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1962FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO LEAD, EDUCATE, AND EQUIP MEMBERS TO BE PRODUCTIVE.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers250TotalVolunteersCnt
Total Gross UBI$137,415TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$108,744NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,534,514PYProgramServiceRevenueAmt
CY Program Service Revenue$4,884,664CYProgramServiceRevenueAmt
PY Investment Income$3,385,458PYInvestmentIncomeAmt
CY Investment Income$84,762CYInvestmentIncomeAmt
PY Other Revenue$7,654,955PYOtherRevenueAmt
CY Other Revenue$8,162,955CYOtherRevenueAmt
PY Total Revenue$15,574,927PYTotalRevenueAmt
CY Total Revenue$13,132,381CYTotalRevenueAmt
PY Grants And Similar Paid$282,823PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$294,430CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,585,984PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,040,374CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,696,428PYOtherExpensesAmt
CY Other Expenses$3,061,585CYOtherExpensesAmt
PY Total Expenses$8,565,235PYTotalExpensesAmt
CY Total Expenses$8,396,389CYTotalExpensesAmt
PY Revenues Less Expenses$7,009,692PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,735,992CYRevenuesLessExpensesAmt
Total Assets BOY$48,806,648TotalAssetsBOYAmt
Total Assets EOY$53,517,006TotalAssetsEOYAmt
Total Liabilities BOY$7,948,687TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,869,694TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$40,857,961NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$45,647,312NetAssetsOrFundBalancesEOYAmt
MissionTHE CHARLOTTE REGIONAL REALTOR(R) ASSOCIATION ("CRRA") IS A TRADE ASSOCIATION SERVING MEMBERS IN MECKLENBURG, IREDELL AND HAYWOOD COUNTIES. CRRA'S MISSION IS TO LEAD, EDUCATE, AND EQUIP MEMBERS TO BE PRODUCTIVE. AT DECEMBER 31, 2020, CRRA HAD 13,610 MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescCRRA PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH ITS CANOPY REAL ESTATE INSTITUTE SCHOOL. THE SCHOOL OFFERS A VARIETY OF NC REAL ESTATE COMMISSION APPROVED PRE-LICENSING AND, POST-LICENSING, CONTINUING EDUCATION AND PROFESSIONAL DESIGNATION COURSES FOR ITS MEMBERS. CRRA ALSO PROVIDES A VARIETY OF ADDITIONAL EDUCATIONAL PROGRAMS, SUCH AS ITS REALTOR(R) HOT TOPICS AND BROKER BRIEFINGS SEMINARS, ON PERTINENT ISSUES AFFECTING MEMBERS AND THEIR BUSINESS THAT ARE FREE TO MEMBERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescCRRA PROVIDES LOCAL ADVOCACY BY BEING THE COLLECTIVE VOICE FOR LOCAL REALTORS(R), HOMEBUYERS AND SELLERS. CRRA KEEPS MEMBERS INFORMED OF, AND COORDINATES INVOLVEMENT IN SUPPORT OR OPPOSITION OF, LEGISLATIVE AND/OR REGULATORY POLICIES AND ACTIONS THAT IMPACT THE HOME BUYING AND SELLING PROCESS AS WELL AS THE WAY MEMBERS DO BUSINESS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCRRA PROVIDES GRIEVANCE AND PROFESSIONAL STANDARDS SERVICES TO ENFORCE THE HIGH STANDARDS OF CONDUCT EXPECTED FROM REALTOR(R) MEMBERS. CRRA PROVIDES A PROCESS WHERE MEMBERS AND THE GENERAL PUBLIC CAN FILE A COMPLAINT AGAINST A REALTOR(R) FOR VIOLATION OF THE NATIONAL ASSOCIATION OF REALTORS(R) CODE OF ETHICS OR FOR AN ARBITRATION DISPUTE. COMPLAINTS ARE HEARD BY THE GRIEVANCE COMMITTEE, AND IF DETERMINED TO HAVE MERIT, GO FORWARD FOR A HEARING BY THE PROFESSIONAL STANDARDS COMMITTEE. IN LIEU OF AN ARBITRATION HEARING, MEDIATION SERVICES ARE AVAILABLE.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee48EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANNE MARIE DECATSYEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7043720911PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARKWAY SUITE 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN KINDBOM
PRESIDENT5.005.00Yes (X)Yes (X)$12,000$0$900
BRENDA HAYDEN
PAST PRESIDENT5.005.00Yes (X)Yes (X)$9,000$0$1,180
DAVID KENNEDY
PRESIDENT-ELECT5.005.00Yes (X)Yes (X)$2,000$0$1,180
CINDI HASTINGS
TREASURER5.005.00Yes (X)Yes (X)$2,000$0$1,180
DAVID DEAL
SECRETARY5.005.00Yes (X)Yes (X)$2,000$0$1,180
ARIC BEALS
DIRECTOR1.500.50Yes (X)$0$0$1,420
TIFFANY JOHANNES
DIRECTOR1.500.50Yes (X)$0$0$1,420
CHARISMA SMITH
DIRECTOR1.500.50Yes (X)$0$0$1,180
LISI WARD
DIRECTOR1.500.50Yes (X)$0$0$1,180
DOTTIE CIARROCCHI
DIRECTOR1.500.50Yes (X)$0$0$1,180
BEVERLY NEWELL
DIRECTOR1.500.50Yes (X)$0$0$1,180
JULIE TACHE
DIRECTOR1.500.50Yes (X)$0$0$1,180
DAVID WILLETT
DIRECTOR1.500.50Yes (X)$0$0$1,420
ALLEN DARGINS
DIRECTOR1.500.50Yes (X)$0$0$1,420
ERIC NORMAN
DIRECTOR1.500.50Yes (X)$0$0$1,180
JOSH TUCKER
DIRECTOR1.500.50Yes (X)$0$0$1,180
ANNE MARIE DECATSYE
CHIEF EXECUTIVE OFFICER20.0020.00Yes (X)$329,000$0$43,111
MICHELLE MCCOOL
CHIEF FINANCIAL OFFICER20.0020.00Yes (X)$135,165$0$21,793
STEVE BYRD
CHIEF TECHNOLOGY OFFICER20.0020.00$170,350$0$28,628Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$661,515TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$113,092TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
MEMBERSHIP INCOME900099$2,834,185$2,834,185
SUPRAKEY INCOME900099$1,193,620$1,193,620
EDUCATION INCOME611430$842,458$842,458
SPONSORSHIPS900099$14,401$14,401
FieldValueIRS element (for citing)
Total Program Service Revenue$4,884,664TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$84,762TotalRevenueColumnAmt
Exclusion$84,762ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,010,442RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$721,131RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$289,311RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$289,311TotalRevenueColumnAmt
Unrelated Business Revenue$57,465UnrelatedBusinessRevenueAmt
Exclusion$231,846ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$97,170GrossSalesOfInventoryAmt
Cost Of Goods Sold$88,660CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,510TotalRevenueColumnAmt
Related Or Exempt Func Income-$3,785RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$12,295UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MANAGEMENT FEES561000$4,381,485$4,381,485
NET INCOME FROM WHOLLY OWNED SUB900099$3,341,539$3,341,539
ADVERTISING541800$46,275$46,275

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,835TotalRevenueColumnAmt
Related Or Exempt Func Income$74,455RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$21,380UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,865,134OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,132,381TotalRevenueColumnAmt
Related Or Exempt Func Income$8,143,199RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$137,415UnrelatedBusinessRevenueAmt
Exclusion$4,851,767ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$294,430TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$774,607TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,116,088TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$233,169TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$663,494TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$253,016TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,407TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$65,787TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$312,777TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$278,456TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$163,032TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$407,666TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$210,342TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$48,769TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$536,615TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$75,985TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
EDUCATIONAL PROGRAMS$727,316
MEMBER EVENTS$81,581
DUES & SUBSCRIPTIONS$51,924
INCOME TAXES$32,356

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$57,572TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,396,389TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,446,025BOYAmt
EOY$6,350,790EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$962,993BOYAmt
EOY$1,313,161EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,589BOYAmt
EOY$30,366EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$142,497BOYAmt
EOY$161,240EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$357,619BOYAmt
EOY$343,464EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,451,509LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,576,124LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,302,301BOYAmt
EOY$23,875,385EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,256,626BOYAmt
EOY$3,394,577EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$350,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,300,998BOYAmt
EOY$17,698,023EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$48,806,648BOYAmt
EOY$53,517,006EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,899,120BOYAmt
EOY$3,007,841EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,055,730BOYAmt
EOY$976,422EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,970,252BOYAmt
EOY$3,543,864EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,585BOYAmt
EOY$341,567EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,948,687BOYAmt
EOY$7,869,694EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$40,857,961BOYAmt
EOY$45,647,312EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$40,857,961BOYAmt
EOY$45,647,312EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$48,806,648BOYAmt
EOY$53,517,006EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,735,992ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$53,359NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$2,194,685DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$82,770NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$82,770NonDeductibleLbbyngPltclTotAmt
Carried Over$0CarriedOverAmt
Taxable$82,770TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$325,000InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$1,869,150OtherCostOrOtherBasisAmt
Book Value$2,194,150BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,694,993OtherCostOrOtherBasisAmt
Depreciation$1,402,475DepreciationAmt
Book Value$19,292,518BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$567,566OtherCostOrOtherBasisAmt
Depreciation$38,464DepreciationAmt
Book Value$529,102BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,994,800OtherCostOrOtherBasisAmt
Depreciation$135,185DepreciationAmt
Book Value$1,859,615BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$23,875,385TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEFERRED TAX ASSET$107,443
INVESTMENT IN SUBSIDIARY$16,810,654
DUE FROM AFFILIATE ORGANIZATIONS$779,926
FieldValueIRS element (for citing)
Total Book Value Other Assets$17,698,023TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OTHER LIABILITIES$16,567
DUE TO AFFILIATE ORGANIZATIONS$325,000
FieldValueIRS element (for citing)
Total Liability$341,567TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ASSOCIATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ASSOCIATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2020 AND 2019 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUEDExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARK WAY SUITE 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Recipient EIN561609175RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$272,509CashGrantAmt
Purpose Of GrantGENERAL OPERATING SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationCHARLOTTE REGIONAL REALTOR ASSOCIATION, INC. ("CRRA") PROVIDES FUNDING TO ITS RELATED 501(C)(3) CHARITABLE ORGANIZATION (CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATION) ANNUALLY. THE PROPOSED ANNUAL CONTRIBUTION IS APPROVED BY THE BOARD OF DIRECTORS DURING THE ANNUAL BUDGET PROCESS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANNE MARIE DECATSYE
CHIEF EXECUTIVE OFFICER$309,000$0$20,000$0$0$0$21,375$0$21,736$0$372,111$0$0$0
STEVE BYRD
CHIEF TECHNOLOGY OFFICER$170,350$0$0$0$0$0$12,776$0$15,852$0$198,978$0$0$0
MICHELLE MCCOOL
CHIEF FINANCIAL OFFICER$135,165$0$0$0$0$0$10,137$0$11,656$0$156,958$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6CRRA IS AN ASSOCIATION OF MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS HAVE THE RIGHT TO ELECT THE OFFICERS AND DIRECTORS OF THE ASSOCIATION.
FORM 990, PART VI, SECTION A, LINE 7BPER BY-LAWS, THE BOARD OF DIRECTORS CANNOT INCUR ANY OBLIGATION IN EXCESS OF THE AVAILABLE CASH ON HAND OF ITS COMBINED CONSOLIDATED BALANCE SHEET WITHOUT AUTHORIZATION BY VOTE OF A MAJORITY OF THE REALTOR(R) MEMBERS PRESENT AND VOTING AT ANY MEETING AT WHICH A QUORUM IS PRESENT, PROVIDED THE SUBSTANCE OF SUCH PROPOSED EXPENDITURE IS PLAINLY STATED IN THE CALL FOR THE MEETING.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED IN DETAIL BY THE CFO AND CEO. A DRAFT IS SHARED AND REVIEWED WITH THE BOARD OF DIRECTORS PRIOR TO FILING. THE FILED VERSION IS POSTED ON THE INTERNAL WEBSITE FOR MEMBERS TO LOGIN AND REVIEW AS WELL.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS AND OTHER CRRA LEADERS. THE POLICY REQUIRES THEM TO IMMEDIATELY DISCLOSE ALL FACTS MATERIAL TO ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AT THE OUTSET OF ANY DISCUSSION BY CRRA PERTAINING TO THE BUSINESS. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REVIEWED AND EVALUATED BY CRRA'S LEADERSHIP. CRRA'S LEADERSHIP DETERMINES THE APPROPRIATE STEPS NECESSARY TO ALLEVIATE, MONITOR AND DEAL WITH CONFLICTS, SUCH AS RESTRICTING THE ACTIONS OF PERSONS WITH A CONFLICT BY PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATION AND DECISIONS FOR A PARTICULAR ISSUE.
FORM 990, PART VI, SECTION B, LINE 15ACRRA USES COMPARABILITY DATA (FROM FORMS 990 OF OTHER ORGANIZATIONS AND BY COMPENSATION STUDIES OF OTHER SIMILARLY SIZED REALTOR(R) ASSOCIATIONS) TO DETERMINE THE SALARY OF THE CEO. AFTER AN ANNUAL PERFORMANCE REVIEW OCCURS, COMPARABILITY DATA IS REVIEWED TO DETERMINE IF ANY PAY CHANGE IS DEEMED WARRANTED. THE INDIVIDUALS APPROVING THE COMPENSATION AND THE DATA UPON WHICH THEY RELY IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE INTERNAL WEBSITE FOR MEMBERS TO LOGIN AND VIEW.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARKWAY SUITE 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
EIN561609175EIN
Primary ActivitiesSUPPORT & FUNDING FOR AFFORDABLE HOUSING OPPORTUNITIESPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE REGIONAL REALTOR(R) ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CAROLINA MULTIPLE LISTING SERVICES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11120 PEARL PARKWAY SUITE 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
EIN561731051EIN
Primary ActivitiesMULTIPLE LISTING SERVICEPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE REGIONAL REALTOR(R)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$15,550,232ShareOfTotalIncomeAmt
Share Of EOY Assets$20,836,727ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CAROLINA MULTIPLE LISTING SERVICES INC
A$805,200CASH
CAROLINA MULTIPLE LISTING SERVICES INC
A$1,193,620CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
B$272,509CASH
CAROLINA MULTIPLE LISTING SERVICES INC
L$4,107,054CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
L$274,430CASH