2015-11-10T14:55:41-06:00 2014-12-31 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2014-01-01 720453576 NORTHWEST LOUISIANA ASSOCIATION OF REALTORS SHRE 3187970054 2036 E 70TH SHREVEPORT LA 71105 SCOTT HUGHES EXECUTIVE DIRECTOR 3187970054 2015-10-27 1 AIMEE P MCFARLAND P01492592 3184291525 2015-10-27 2014 2016-03-07 17:11:31Z SCOTT HUGHES 2036 E 70TH SHREVEPORT LA 71105 746804 0 X WWW.NWLAR.ORG X 1916 LA NWLAR IS THE LEADING PROVIDER OF SERVICES AND PRODUCTS TO ENHANCE THE PERFORMANCE, PROFESSIONALISM AND PROFITABILITY OF ITS MEMBERS AND THE LOCAL ADVOCATE FOR PRIVATE PROPERTY RIGHTS. 18 18 9 500 26938 0 238678 255106 333189 398723 -3211 64 32010 56780 600666 710673 13500 14500 0 0 283438 298522 0 0 0 308692 374627 605630 687649 -4964 23024 1657302 1720267 281819 284944 1375483 1435323 NWLAR IS THE LEADING PROVIDER OF SERVICES AND PRODUCTS TO ENHANCE THE PERFORMANCE, PROFESSIONALISM AND PROFITABILITY OF ITS MEMBERS AND THE LOCAL ADVOCATE FOR PRIVATE PROPERTY RIGHTS. 0 0 PROMOTING HIGHER STANDARDS OF CONDUCT AMOUNG MEMBERS OF THE REAL ESTATE PROFESSION AND TO PROTECT THE PUBLIC. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 9 1 1 1 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SCOTT HUGHES 3187970054 2036 EAST 70TH STREET SHREVEPORT LA 71105 MINDY WARDLAW PRESIDENT 2.00 X X 0 0 0 JERI LITTLE PRESIDENT-ELECT 2.00 X X 0 0 0 CINDY DYER SECRETARY-TREASURER 2.00 X X 0 0 0 CAROLYN GRIMSLEY PAST PRESIDENT 2.00 X X 0 0 0 RAYMOND ALLEY CID PRESIDENT 2.00 X X 0 0 0 JUDY HOLLAND MLS REPRESENTATIVE 2.00 X X 0 0 0 TAHIRA ABDUL-RAHMAN DIRECTOR 1.00 X 0 0 0 TRAVIS HARGRAVE DIRECTOR 1.00 X 0 0 0 BEN WALKER DIRECTOR 1.00 X 0 0 0 LINDA CHRISTIANSEN DIRECTOR 1.00 X 0 0 0 LINDA KAY WALKER DIRECTOR 1.00 X 0 0 0 CHUCK METZ DIRECTOR 1.00 X 0 0 0 MISCHA ANGEL DIRECTOR 1.00 X 0 0 0 KAREN BAKER DIRECTOR 1.00 X 0 0 0 KRIS DARWIN DIRECTOR 1.00 X 0 0 0 DAWNA BLEDSOE DIRECTOR 1.00 X 0 0 0 BEN DOWIS DIRECTOR 1.00 X 0 0 0 JOYCE JEFFREY DIRECTOR 1.00 X 0 0 0 ROBYN LOCKE EXECUTIVE DIRECTOR 40.00 X 73423 0 0 73423 0 0 0 0 0 0 0 249606 5500 255106 MLS MANAGEMENT FEE 531390 340503 340503 NEW MEMBER FEES 531390 26125 26125 MEETING & CONFERENCE 531390 18128 18128 CONTINUING ED & SCHOOL 531390 6061 6061 LUNCHEON & SPEC. EVENT 531390 5736 5736 2170 2170 398723 64 64 63165 36131 27034 27034 25680 1354 OTHER 900099 16418 16418 FINES & LATE FEES 900099 12070 12070 LOUISIANA COMMERCIAL D 900099 1258 1258 29746 710673 415141 26938 13488 14500 73423 184970 21028 19101 19332 43175 19464 31991 9485 30290 COMMITTEE/BOARD EXPENSE 58205 OTHER ADMINISTRATIVE EX 43076 LARPAC 41856 CID ADMINISTRATIVE EXPE 34806 42947 687649 385068 461477 13771 35 1090681 588159 532812 502522 719996 750612 5620 5656 1657302 1720267 10259 1604 267811 265085 3749 18255 281819 284944 X 1336258 1406968 39225 28355 1375483 1435323 1657302 1720267 X 23024 36816 X X 0 1 X 1 0 LARPAC 4639 BENNINGTON AVE BATON ROUGE LA 70808 720913962 41856 0 0 0 207750 41856 41856 41856 99467 99467 804770 428418 376352 186444 159741 26703 502522 INVESTMENT IN MLS, INC. 585339 C INVESTMENT IN NORTHWEST LA COMMERCIAL INVESTMENT DIVISION, LLC 136926 C INVESTMENT IN NWLAR FOUNDATION 28347 C 750612 OTHER CURRENT LIABILITIES 18255 18255 X PART X, LINE 2: AS REQUIRED BY U.S. ACCOUNTING STANDARDS, THE ASSOCIATION AND ITS SUBSIDIARIES HAVE REVIEWED VARIOUS TAX POSITIONS THAT HAVE BEEN TAKEN IN THEIR TAX FILINGS AND HAVE DETERMINED THAT THEY DO NOT HAVE ANY TAX POSITIONS THAT THEY CONSIDER TO BE UNCERTAIN. THE ASSOCIATION AND ITS SUBSIDIARIES DO NOT EXPECT THESE POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ASSOCIATION AND ITS SUBSIDIARIES ARE REQUIRED TO ACCRUE FOR POTENTIAL INTEREST AND PENALTIES FOR ANY UNCERTAIN TAX POSITIONS, HOWEVER, NO SUCH ACCRUALS WERE CONSIDERED NECESSARY AS OF DECEMBER 31, 2014. THE ASSOCIATION AND ITS SUBSIDIARIES FILE FEDERAL INCOME TAX RETURNS, AS WELL AS LOUISIANA STATE RETURNS. FEDERAL AND STATE INCOME TAX RETURNS FILED FOR THE TAX YEARS 2011 THROUGH 2013 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE LOUISIANA DEPARTMENT OF REVENUE. 1 NWLA ECONOMIC DEVELOPMENT FOUNDATION 400 EDWARDS STREET SHREVEPORT LA 71101 720936419 501(C)(3) 12500 THE REALTORS ASSOCIATION SUPPORTS THE EFFORTS OF NWLA ECONOMIC DEVELOPMENT FOUNDATION AND ITS SUCCESS IN BRINGING JOBS TO THIS AREA. REAL ESTATE IS DEPENDENT ON THE LOCAL ECONOMY. 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ARE LICENSED REALTORS IN NORTHWEST LOUISIANA. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ANNUALLY ELECTS THE OFFICERS AND DIRECTORS FOR THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE TO REVIEW AND THEN IT IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND DIRECTOR SIGNS THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH YEAR. THE POLICY IS THEN REFERENCED AT THE BEGINNING OF EACH BOARD OF DIRECTORS MEETING AND EACH DIRECTOR ACKNOWLEDGES THEIR AWARENESS OF THE POLICY IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 THE BUDGET COMMITTEE REVIEWS ANNUAL PAYROLL AND THE ASSOCIATION EXECUTIVE'S COMPENSATION AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1024, FORM 990, AND FORM 990-T AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT IN A BINDER IN THE ASSOCIATION'S OFFICE AND MAY BE REVIEWED AT ANY TIME. THE ASSOCIATION'S BYLAWS, MLS RULES, CODE OF ETHICS, AND POLICIES ARE INCLUDED ON THE ASSOCIATION'S WEBSITE AND ARE PROVIDED TO ALL NEW MEMBERS AND TO OTHER MEMBERS ON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN EQUITY IN INCOME FROM INVESTMENTS 43,584. AUDIT ADJUSTMENT -6,768. FORM 990, PART XI, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. NORTHWEST LOUISIANA COMMERCIAL INVESTMENT DIVISION LLC P O BOX 5952 SHREVEPORT LA 71135 UNITE AND CREATE AN ORGANIZED NETWORKING SYSTEM FOR COMMERCIAL BROKERS LA 21574 136926 NORTHWEST LA ASSOCIATION OF REALTORS INC NWLAR FOUNDATION 2036 EAST 70TH STREET SHREVEPORT LA 71105 204037441 TO PROVIDE FUNDING AND VOLUNTEERS FOR HABITAT FOR HUMANITY LA 501(C)(3) 7 N/A 0 MLS INC 2036 EAST 70TH STREET SHREVEPORT LA 71105 720594157 REAL ESTATE LISTING LA NORTHWEST LOUISIANA ASSOCIATION OF REALTORS INC C 1110264 585339 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 MLS INC J 60000 ACCRUAL MLS INC Q 340503 ACCRUAL NWLAR FOUNDATION N NWLAR FOUNDATION O MLS INC N MLS INC O