STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHARLOTTE REGIONAL REALTOR ASSOCIATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CHARLOTTE REGIONAL REALTOR ASSOCIATION INC (EIN 56-0174058)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-10
IRS object ID
202503149349304750
Schema version
2024v5.2
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)
Return2025-11-10T14:06:37-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882730877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT ADVISORY LLCBusinessNameLine1Txt

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 Begin2024-01-01TaxPeriodBeginDt

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 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANNE MARIE DECATSYEPersonNm
Person TitleCEOPersonTitleTxt
Phone7043720911PhoneNum
Signature2025-11-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBREE-ANN WEIDNERPreparerPersonNm
PTINP01319397PTIN
Phone7043771678PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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 200AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,616,858GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CANOPYREALTORS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1962FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionADVANCING THE PROFESSION AND IMPROVING OUR COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee49TotalEmployeeCnt
Total Volunteers400TotalVolunteersCnt
Total Gross UBI$87,568TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$69,786NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,524,673PYProgramServiceRevenueAmt
CY Program Service Revenue$4,381,903CYProgramServiceRevenueAmt
PY Investment Income$116,196PYInvestmentIncomeAmt
CY Investment Income$3,175,664CYInvestmentIncomeAmt
PY Other Revenue$9,036,974PYOtherRevenueAmt
CY Other Revenue$6,345,073CYOtherRevenueAmt
PY Total Revenue$13,677,843PYTotalRevenueAmt
CY Total Revenue$13,902,640CYTotalRevenueAmt
PY Grants And Similar Paid$333,933PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$362,564CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,842,638PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,918,837CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,816,017PYOtherExpensesAmt
CY Other Expenses$3,948,301CYOtherExpensesAmt
PY Total Expenses$9,992,588PYTotalExpensesAmt
CY Total Expenses$10,229,702CYTotalExpensesAmt
PY Revenues Less Expenses$3,685,255PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,672,938CYRevenuesLessExpensesAmt
Total Assets BOY$58,977,702TotalAssetsBOYAmt
Total Assets EOY$61,739,738TotalAssetsEOYAmt
Total Liabilities BOY$3,598,802TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,698,484TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$55,378,900NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$59,041,254NetAssetsOrFundBalancesEOYAmt
MissionTHE CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION (CRRA) IS A TRADE ASSOCIATION SERVING MEMBERS IN MECKLENBURG, IREDELL AND HAYWOOD COUNTIES. AT DECEMBER 31, 2024, CRRA HAD 14,020 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 FREE TO MEMBERS, SUCH AS ITS REALTOR(R) HOT TOPICS AND BROKER BRIEFINGS SEMINARS, ON PERTINENT ISSUES AFFECTING MEMBERS AND THEIR BUSINESS.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 Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee49EmployeeCnt
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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 Line1MICHELLE MCCOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7049403130PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CHARISMA SOUTHERLAND
PRESIDENT5.005.00Yes (X)Yes (X)$6,000$6,000$1,386
TIFFANY JOHANNES
PAST-PRESIDENT5.005.00Yes (X)Yes (X)$1,000$1,000$1,626
MAGDA ESOLA
PRESIDENT-ELECT5.005.00Yes (X)Yes (X)$4,500$4,500$1,386
ALLEN DARGINS
SECRETARY5.005.00Yes (X)Yes (X)$1,000$1,000$1,626
TODD LONG
TREASURER5.005.00Yes (X)Yes (X)$1,000$1,000$1,386
JOAN GOODE
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
BILLIE GREEN
BOARD MEMBER1.500.50Yes (X)$0$0$390
CINDI HASTINGS
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
WENDY HODEL
BOARD MEMBER1.500.50Yes (X)$0$0$1,626
SALLIE MYRICK
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
ERIKA PITMAN
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
LORI RANDOLPH
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
JONATHAN YEATTS
BOARD MEMBER1.500.50Yes (X)$0$0$1,386
JAMIE YOUNG
BOARD MEMBER1.500.50Yes (X)$0$0$1,506
ANNE MARIE DECATSYE
CEO10.0030.00Yes (X)$486,956$0$56,118
STEVE BYRD
CTO5.0035.00Yes (X)$203,825$0$37,214
MICHELLE MCCOOL
CFO10.0030.00Yes (X)$206,910$0$31,551
MICHELLE MCCASKILL
COO/GENERAL COUNSEL10.0030.00Yes (X)$243,842$0$48,564
KARYN KENNEDY LINDSEY
EDUCATION DIRECTOR20.0020.00$139,102$0$32,855Yes (X)
LATOYA S SIMMS
VP OF SCHOOL20.0020.00$138,805$0$26,375Yes (X)
KIMBERLY A MCMILLAN
MARKETING VP20.0020.00$142,774$0$33,130Yes (X)
TERRI E MARSHALL
FOUNDATION DIRECTOR5.0035.00$128,971$0$25,653Yes (X)
LAURA CUDDY
VP OF HUMAN RESOURCES20.0020.00$125,752$0$31,153Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,830,437TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$13,500TotReportableCompRltdOrgAmt
Total Other Compensation$341,861TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
MEMBERSHIP INCOME900099$3,016,426$3,016,426
EDUCATION INCOME611430$616,758$616,758
INITIATION & OTHER MEMBER FEES900099$526,850$526,850
SUPRAKEY INCOME900099$154,094$154,094
SPONSORSHIPS900099$67,775$67,775
FieldValueIRS element (for citing)
Total Program Service Revenue$4,381,903TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,175,664TotalRevenueColumnAmt
Exclusion$3,175,664ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,101,107RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$645,175RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$455,932RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$455,932TotalRevenueColumnAmt
Unrelated Business Revenue$50,233UnrelatedBusinessRevenueAmt
Exclusion$405,699ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$74,445GrossSalesOfInventoryAmt
Cost Of Goods Sold$69,043CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,402TotalRevenueColumnAmt
Unrelated Business Revenue$2,205UnrelatedBusinessRevenueAmt
Exclusion$3,197ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MANAGEMENT FEES561000$5,792,850$5,792,850
ADVERTISING541800$17,250$17,250

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$73,639TotalRevenueColumnAmt
Related Or Exempt Func Income$55,759RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$17,880UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,883,739OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,902,640TotalRevenueColumnAmt
Related Or Exempt Func Income$10,076,418RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$87,568UnrelatedBusinessRevenueAmt
Exclusion$3,738,654ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$362,564TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,347,728TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,266,076TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$82,816TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$931,744TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$290,473TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$43,552TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$99,046TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$384,215TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$154,396TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$330,753TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$388,201TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$219,063TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$24,143TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$696,348TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$99,621TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
EDUCATIONAL PROGRAMS$628,565
MEMBER EVENTS$357,157
INCOME TAXES$222,905
ADVOCACY/MEMBER SVCS$176,803

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$123,533TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,229,702TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,288,803BOYAmt
EOY$6,946,375EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,347,621BOYAmt
EOY$1,399,261EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,314BOYAmt
EOY$4,446EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$139,178BOYAmt
EOY$130,348EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$85,981BOYAmt
EOY$61,908EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,030,642LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,162,504LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,833,647BOYAmt
EOY$19,868,138EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,429,210BOYAmt
EOY$3,600,274EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$297,500BOYAmt
EOY$280,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$26,550,448BOYAmt
EOY$29,448,988EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$58,977,702BOYAmt
EOY$61,739,738EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$429,272BOYAmt
EOY$427,537EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,788,207BOYAmt
EOY$1,541,265EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,312,588BOYAmt
EOY$647,208EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$68,735BOYAmt
EOY$82,474EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,598,802BOYAmt
EOY$2,698,484EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$55,378,900BOYAmt
EOY$59,041,254EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$55,378,900BOYAmt
EOY$59,041,254EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$58,977,702BOYAmt
EOY$61,739,738EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,672,938ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$10,584NetUnrlzdGainsLossesInvstAmt
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$3,016,426DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$112,428NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$112,428NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$120,657AggregateReportedDuesNtcAmt
Taxable-$8,229TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,869,150OtherCostOrOtherBasisAmt
Book Value$1,869,150BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,744,573OtherCostOrOtherBasisAmt
Depreciation$4,623,792DepreciationAmt
Book Value$16,120,781BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$394,298OtherCostOrOtherBasisAmt
Depreciation$87,886DepreciationAmt
Book Value$306,412BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,022,621OtherCostOrOtherBasisAmt
Depreciation$450,826DepreciationAmt
Book Value$1,571,795BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$19,868,138TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
INVESTMENT IN SUBSIDIARY$28,502,295
DUE FROM AFFILIATE ORGANIZATIONS$900,338
OPERATING LEASE$46,355
FieldValueIRS element (for citing)
Total Book Value Other Assets$29,448,988TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$45,735
DEFERRED INCOME TAX LIABILITY, NET$36,739
FieldValueIRS element (for citing)
Total Liability$82,474TotalLiabilityAmt
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, 2024 AND 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.ExplanationTxt

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$345,662CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
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
ExplanationCRRA PROVIDES FUNDING TO ITS RELATED 501(C)(3) CHARITABLE ORGANIZATION (CANOPY HOUSING 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)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 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
CEO$435,356$0$51,600$0$0$0$25,875$0$30,243$0$543,074$0$0$0
MICHELLE MCCASKILL
COO/GENERAL COUNSEL$243,842$0$0$0$0$0$18,321$0$30,243$0$292,406$0$0$0
STEVE BYRD
CTO$203,825$0$0$0$0$0$15,442$0$21,772$0$241,039$0$0$0
MICHELLE MCCOOL
CFO$186,622$0$0$0$20,288$0$15,571$0$15,980$0$238,461$0$0$0
KIMBERLY A MCMILLAN
MARKETING VP$142,774$0$0$0$0$0$10,708$0$22,422$0$175,904$0$0$0
KARYN KENNEDY LINDSEY
EDUCATION DIRECTOR$139,102$0$0$0$0$0$10,433$0$22,422$0$171,957$0$0$0
LATOYA S SIMMS
VP OF SCHOOL$138,805$0$0$0$0$0$10,395$0$15,980$0$165,180$0$0$0
LAURA CUDDY
VP OF HUMAN RESOURCES$125,752$0$0$0$0$0$9,381$0$21,772$0$156,905$0$0$0
TERRI E MARSHALL
FOUNDATION DIRECTOR$128,971$0$0$0$0$0$9,673$0$15,980$0$154,624$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6GENERAL MEMBERSHIP FOR REALTOR TRADE ASSOCIATION MEMBERS WHICH ELECT BOD 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 11BA DRAFT OF FORM 990 IS SHARED WITH THE BOARD OF DIRECTORS PRIOR TO ITS FILING. THE FILED VERSION IS POSTED ON THE INTERNAL WEBSITE FOR MEMBERS TO LOG IN AND REVIEW.
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$20,946,626ShareOfTotalIncomeAmt
Share Of EOY Assets$33,044,257ShareOfEOYAssetsAmt
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 OrgYes (1)LoansOrGuaranteesToOtherOrgInd
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 (6 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CAROLINA MULTIPLE LISTING SERVICES INC
A$1,032,594CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
B$345,662CASH
CAROLINA MULTIPLE LISTING SERVICES INC
Q$4,965,402CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
L$291,450CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
Q$54,212CASH
CHARLOTTE REGIONAL REALTOR HOUSING OPPORTUNITY FOUNDATION
D$206,179CASH