2014-05-23T09:19:56-05:00 2013-12-31 593204548 JAMES MOORE & CO PL 121 EXECUTIVE CIRCLE DAYTONA BEACH FL 321141180 990 2013-01-01 596151125 DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC DAYT 3866777131 1716 RIDGEWOOD AVENUE HOLLY HILL FL 32117 MARK DOUGHERTY ASSOCIATION EXECUTIVE 3866777131 2014-05-22 1 JAMES A HALLERAN P00005496 3862574100 2014-05-19 2013 2015-11-30 17:44:51Z IAN C ANDERSON 1716 RIDGEWOOD AVENUE HOLLY HILL FL 32117 1567082 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. 12 12 6 350 693568 1750 0 0 1390830 1497105 11984 11443 15534 16581 1418348 1525129 14209 14797 0 0 495149 449178 0 0 0 923724 942019 1433082 1405994 -14734 119135 2217121 2411658 624683 700085 1592438 1711573 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 AND TRANSACTION DESK. 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 6 0 1 6 1 1 1 0 0 0 0 0 0 0 X 12 12 0 0 1 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 32117 THERESA E GEYER PAST PRESIDENT 5.00 X X 0 0 0 DOROTHY BYRNE TREASURER 2.00 X X 0 0 0 JOHN D LEITSCHUH TWO YEAR DIRECTOR 2.00 X 0 0 0 NANCY-ELLEN DANCE-OTTE VICE PRESIDENT 2.00 X X 0 0 0 STEVEN KOENIG PRESIDENT 5.00 X X 0 0 0 IAN ANDERSON PRESIDENT ELECT 2.00 X X 0 0 0 BARBARA DAVIS TWO YEAR DIRECTOR 2.00 X 0 0 0 DEBRA CALLAHAN ONE YEAR DIRECTOR 2.00 X 0 0 0 SUSAN MORRISON ONE YEAR DIRECTOR 2.00 X 0 0 0 GG GALLOWAY ONE YEAR DIRECTOR 2.00 X 0 0 0 MARIA LEWIS MLS CHAIRMAN 2.00 X X 0 0 0 JOHN DECARLE DIRECTOR 2.00 X 0 0 0 MARK DOUGHERTY ASSOCIATION EXECUTIVE 40.00 X 122644 0 16639 SHERRY DOHMEN ASST. ASSOCIATION EXECUTIV 40.00 X 63699 0 12853 186343 0 29492 1 0 0 0 CORELOGIC SOLUTIONS LLC PO BOX 203890 DALLAS TX 753203980 MLS FEES 168791 1 MULTIPLE LISTING SERVI 511190 693568 693568 MEMBERSHIP DUES & FEES 541900 651103 651103 APPLICATION FEES 541900 82028 82028 MULTILOCK SYSTEM FEES 541900 46031 46031 EDUCATION INCOME 611430 24375 24375 1497105 11456 11456 13 -13 -13 -13 16814 20272 -3458 -3458 30028 21668 8360 8360 MISC. REVENUE-RELATED- 541900 11679 11679 11679 1525129 823576 693568 7985 10000 4797 215835 168341 10170 25563 29269 16565 250 29690 2507 11939 385132 7886 15696 MULTIPLES LISTING SERVI 236561 COMMITTEES 51481 MULTILOCK SYSTEM & LOCK 48784 BANK & CREDIT CARD FEES 45002 90526 1405994 615695 813157 1420360 1418564 3331 2922 3444 2788 11684 10571 471918 308262 162607 163656 2217121 2411658 15245 16448 500292 577832 109146 105805 624683 700085 X 1592438 1711573 1592438 1711573 2217121 2411658 119135 0 X X 0 1 X 1 0 0 0 0 651103 13735 13735 120190 -106455 0 1 X 50799 50799 322384 212832 109552 7375 6157 1218 91360 89273 2087 163656 X 1567082 0 1567082 -41953 -41953 1525129 1447947 41953 41953 1405994 0 1405994 PART IV, LINE 2B: THE ORGANIZATION HOLDS DEPOSITS FOR SUPRA DISPLAY KEYS. PART X, LINE 2: 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 -20,272. LOSS ON THE SALE OF ASSETS -13. COST OF GOODS SOLD, REPORTED ON 990 PART VIII -21,668. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES, REPORTED ON 990 PART VIII 20,272. LOSS ON THE SALE OF ASSETS 13. COST OF GOODS SOLD, REPORTED ON 990 PART VIII 21,668. BANQUET 11229 11229 12690 NIGHT AT THE BALLPARK 4975 4975 5177 3 610 610 2405 16814 16814 20272 20272 -3458 1 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION ONE DAYTONA BLVD DAYTONA BEACH FL 32114 273203032 501(C)(6) 10000 TO ATTRACT, RETAIN, AND CREATE HIGH VALUE JOBS 1 PART I, LINE 2: THE ORGANIZATION CONDUCTS AN ANNUAL REVIEW. 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 4 CHANGED THE BYLAWS FROM AN AUDIT EVERY OTHER YEAR OR WHENEVER A NEW ASSOCIATION EXECUTIVE IS HIRED TO HAVING AN AUDIT EVERY YEAR. THE BOARD OF DIRECTORS MAY ELECT TO PERFORM AN AUDIT AT ANY TIME AT ITS DISCRETION. THE TREASURER SHALL REVIEW, EACH MONTH PRIOR TO THE FINANCE COMMITTEE MEETING, ALL THE BANK STATEMENTS TO ENSURE THE BALANCES MATCH WHAT IS REPORTED ON MONTHLY BALANCE SHEETS PRESENTED TO THE FINANCE COMMITTEE. THIS ELIMINATED THE BANK STATEMENTS BEING MAILED TO THE TREASURER. THE ASSOCIATION WENT TO ELECTRONIC VOTING AND BILLING AND ALL MEMBERS MUST HAVE A VALID EMAIL ADDRESS ON FILE WITH THE ASSOCIATION. 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 11 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 ASSOCIATE EXECUTIVE (TOP MANAGEMENT OFFICIAL): THE BOARD OF DIRECTORS HAS AN EXECUTIVE SESSION AFTER A REGULAR BOARD OF DIRECTOR'S MEETING AND DISCUSSES THE ASSOCIATE EXECUTIVE'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 9 N/A 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0