2014-04-28T15:04:20-05:00 2012-12-31 ERNST & YOUNG US LLP 201 MAIN STREET SUITE 1100 FORT WORTH TX 76102 990 2012-01-01 752342376 The Real Estate Council Inc % Carla Brandt REAL 2146923603 5430 LBJ Freeway Suite 100 Dallas TX 75240 Linda McMahon 8173486088 2014-04-28 8173351900 2012 2016-03-07 17:11:31Z X Linda McMahon President 5430 LBJ Freeway Suite 100 Dallas TX 75240 1082124 false X www.recouncil.com X 1990 TX TREC represents the Commercial Real Estate Industry in the North Texas Area (primarily Dallas). The organization is focused on long-term job growth and enhancing the quality of life in the North Texas Area. 48 48 11 787 0 588877 639399 202179 183747 1139 505 50000 258473 842195 1082124 0 0 0 0 467475 590148 0 0 0 442004 528294 909479 1118442 -67284 -36318 567618 589575 384375 442650 183243 146925 TREC represents the commercial real estate industry in the North TEXAS AREA (PRIMARILY DALLAS). THE ORGANIZATION IS FOCUSED ON LONG-TERM JOB GROWTH AND ENHANCING THE QUALITY OF LIFE IN THE NORTH TEXAS AREA. false false TREC utilized volunteers and resources of the commercial real estate industry to enhance job growth and quality of life in the greater Dallas area. As an organization committed to professional development and leadership training, TREC provides a first-class venue for networking with the industry peers in order to further economic development in North Texas. TREC members worked with state and local government officials to educate policymakers on the views and opinions of the commercial real estate industry and how legislation impacts business as well as strategic community development. false false false true false false false false false true false false true false true true false false false false false false false false false false false false true false false false false false false false false false false false true true true false true 11 0 true 11 true false false false false true true false X 48 48 true false false false false false false true true false false true true true true true true false false false X Carla Brandt 2146923603 5430 LBJ Freeway Suite 100 Dallas TX 75252 Holts Lunsford 1.0 0.0 X X 0 0 0 John Reichenbach 1.0 0.0 X X 0 0 0 Martha Wach 1.0 0.0 X X 0 0 0 Glenn Callison 1.0 0.0 X 0 0 0 Mitch Paradise 1.0 0.0 X 0 0 0 Deborah C Ryan 1.0 0.0 X 0 0 0 William H Hornberger 1.0 0.0 X 0 0 0 Robert Bennett 1.0 0.0 X 0 0 0 Bill C Fishel 1.0 0.0 X 0 0 0 Natalie N Anderson 1.0 0.0 X 0 0 0 Michael Tonti 1.0 0.0 X 0 0 0 Manny M Ybarra 1.0 0.0 X 0 0 0 Michael Krywucki 1.0 0.0 X 0 0 0 Diane Butler 1.0 0.0 X 0 0 0 Michael B Ablon 1.0 0.0 X 0 0 0 John Bartling 1.0 0.0 X 0 0 0 T D Briggs 1.0 0.0 X 0 0 0 Kevin Bryant 1.0 0.0 X 0 0 0 Larry Byars 1.0 0.0 X 0 0 0 Michael Caffey 1.0 0.0 X 0 0 0 Bo Feagin 1.0 0.0 X 0 0 0 Daniel P Fryman 1.0 0.0 X 0 0 0 Gregory P Fuller 1.0 0.0 X 0 0 0 Tom Garner 1.0 0.0 X 0 0 0 John A Gates 1.0 0.0 X 0 0 0 Tobin C Grove 1.0 0.0 X 0 0 0 Steve R Jenkins 1.0 0.0 X 0 0 0 Johnny Johnson 1.0 0.0 X 0 0 0 John Kizer 1.0 0.0 X 0 0 0 Melinda Lawrence 1.0 0.0 X 0 0 0 Jason Mattox 1.0 0.0 X 0 0 0 Trey Morsbach 1.0 0.0 X 0 0 0 William G Mundinger III 1.0 0.0 X 0 0 0 Gina Norris 1.0 0.0 X 0 0 0 Roddy O'Neal 1.0 0.0 X 0 0 0 Todd L Platt 1.0 0.0 X 0 0 0 Daniel L Plumlee 1.0 0.0 X 0 0 0 Bill Vanderstraaten 1.0 0.0 X 0 0 0 Ray W Washburne 1.0 0.0 X 0 0 0 Herb D Weitzman 1.0 0.0 X 0 0 0 Kevin Westra 1.0 0.0 X 0 0 0 Michele Wheeler 1.0 0.0 X 0 0 0 Kevin Hanigan 1.0 0.0 X 0 0 0 Mark D Gibson 1.0 0.0 X X 0 0 0 Jim Berry 1.0 0.0 X X 0 0 0 Jamie Fox 1.0 0.0 X 0 0 0 Tom Kuhlmann 1.0 0.0 X 0 0 0 Patrick Ramsier 1.0 0.0 X 0 0 0 Linda McMahon 20.0 20.0 X 207939 0 2318 Carla J Brandt 20.0 20.0 X 81670 0 0 289609 0 2318 2 false true false NONE 0 639399 639399 PROF DEVELOPMENT & STRATEGIC EVENTS 812900 183747 183747 183747 505 505 0 0 0 0 0 0 0 0 0 MGMT FEE INCOME FROM RELATED ORGS 812900 258372 258372 All other revenue 900099 101 101 258473 1082124 442220 505 0 0 0 0 291927 0 221315 10574 29382 36950 0 0 86670 106804 0 0 15285 13423 35029 23699 0 65620 5064 0 13170 0 0 26139 0 STAFF DEVELOPMENT 6149 MEMBERSHIP DEVELOPMENT 15282 PROGRAM / EVENT EXPENSES 111843 All other expenses 4117 1118442 656 240 460187 470851 0 0 0 6374 0 0 0 0 0 0 0 0 33119 23208 152219 113213 62709 39007 0 0 0 0 0 0 0 0 10947 49896 567618 589575 22236 29615 0 0 362139 413035 0 0 0 0 0 0 0 0 0 0 0 0 384375 442650 X 183243 146925 0 0 0 0 183243 146925 567618 589575 X -36318 X false true X true false true false false 21080 9421 11659 131139 103792 27347 39006 DUE FROM TRECF 48658 DUE FROM TREC CLC 1238 49896 0 0 X 1082124 1082124 1082124 1118442 1118442 1118442 Uncertain Tax Positions The Codification has issued guidance in accounting for uncertainties in income taxes which requires that TREC recognize in its financial statements the financial effects of a tax position, if that position is more likely than not of being sustained upon examination, including resolution of any appeals or litigation processes, based upon the technical merits of the tax position. The requirements also provide guidance on measurement, classification, interest and penalties and disclosure. Tax positions taken related to TRECs tax exempt status, unrelated business activities taxable income and deductibility of expenses and other miscellaneous tax positions have been reviewed, and management is of the opinion that material positions taken would more likely than not be sustained by examination. Accordingly, TREC has not recorded an income tax liability for uncertain tax benefits. For the years ended December 31, 2011 and 2010, there were no interest or penalties recorded or included in the financial statements. As of Deceber 31, 2012, tax years 2009 and thereafter remain open to examination by the Internal Revenue Service. X X false false false Linda McMahon 177939 0 30000 0 0 0 0 0 2318 0 210257 0 0 0 REASON FOR AMENDING RETURN FORM 990, LINE B The Form 990 was amended to correct the reporting of officer compensation on Part VII and schedule J, Part II. Officer compensation was over stated on the original return and is correctly stated on the amended return. VOLUNTEERS FORM 990, PART I, QUESTION 6 TREC UTILIZES VOLUNTEERS TO SERVE ON THE BOARD OF DIRECTORS; TO OVERSEE COMMITTEES; AND TO ASSIST WITH ALL OPERATIONS OF THE TRADE ASSOCIATION. VOLUNTEERS ASSIST WITH ALL PROGRAMS AND EVENTS. PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 FORM 990, PART VI, QUESTION 11B A THOROUGH REVIEW IS PERFORMED BY THE PRESIDENT AS WELL AS THE FINANCE COMMITTEE AND OFFICERS OF THE REAL ESTATE COUNCIL, INC. (TREC). AFTER ALL EDITS HAVE BEEN INCORPORATED IN THE RETURN, A DRAFT OF THE FINAL RETURN IS FORWARDED TO ALL 2012 - VOTING MEMBERS OF TREC FOR REVIEW AND FINAL APPROVAL. AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS GEN PUBLIC FORM 990, PART VI, QUESTION 19 THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST - EITHER IN ELECTRONIC FORMAT OR A PRINTED VERSION. FORMAT OR A PRINTED VERSION. The Real Estate Council Foundation 5430 LBJ Freeway Suite 100 Dallas TX 75240 752510813 comm outreach TX 501(C)(3) 9 na false The Real Estate Political Action Comm 5430 LBJ Freeway STE 100 DALLAS TX 75240 043590401 Campaign Supp TX 527 n/a NA false TREC Community Fund 5430 LBJ Freeway Dallas TX 75240 800718545 econ develop TX 501(c)(3) 7 na false false false false false false false false false false false true false true true true true false false false The REal Estate Council Foundation k 258372 fmv The REal Estate Council Foundation m 73305 fmv The REal Estate Council Foundation n 442648 fmv