2023-11-13T15:07:38-06:00 2022-12-31 880149095 ALBRIGHT & ASSOCIATES LTD 1025 RIDGEVIEW DRIVE SUITE 300 RENO NV 89519 990 2022-01-01 886004347 SIERRA NEVADA REALTORS SIER 7758238800 5650 RIGGINS COURT 200 RENO NV 89502 APRIL LABRIE CHIEF EXECUTIVE OFFICER 7758238800 2023-11-13 1 APRIL LABRIE 999009999 0 ERIC K KRONAWETTER P00286105 7758265432 2023-11-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X APRIL LABRIE 5650 RIGGINS COURT SUITE 200 RENO NV 89502 2280999 0 X WWW.RSAR.NET X 1950 NV TO PROVIDE UNITED MEDIUM TO THOSE ENGAGED IN THE REAL ESTATE PROFESSION. 14 0 11 0 -234 0 1298126 1272881 105023 152284 66916 -5098 330999 -81164 1801064 1338903 0 0 0 0 765970 809647 0 0 0 737822 939602 1503792 1749249 297272 -410346 4774762 4261042 1147460 1044086 3627302 3216956 X TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT, PROVIDING A UNIFIED MEDIUM FOR REAL ESTATE OWNERS, AND TO FURTHER THE INTERESTS OF HOME AND OTHER REAL PROPERTY OWNERSHIP. 0 0 1749249 TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT, PROVIDING A UNIFIED MEDIUM FOR REAL ESTATE OWNERS, AND TO FURTHER THE INTERESTS OF HOME AND OTHER REAL PROPERTY OWNERSHIP. 1749249 0 0 1 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 11 1 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NV X RENOSPARKS ASSOCIATION OF REALTORS 7758238800 5650 RIGGINS COURT SUITE 200 RENO NV 89502 MATTHEW SWANSON NNRMLS TRUSTEE DIRECTOR 10.00 X 0 0 0 JOE REISENAUER FERNLEY DIRECTOR 10.00 X 0 0 0 SHELLEY DOUGHERTY DIRECTOR 10.00 X 0 0 0 ERIC CROSBY DIRECTOR 10.00 X 0 0 0 JESSICA HODGES DIRECTOR 10.00 X 0 0 0 BEAU KEENAN DIRECTOR 10.00 X 0 0 0 MICHAEL NOLAN DIRECTOR 10.00 X 0 0 0 ERIN SCHILLER AFFILIATE DIRECTOR 10.00 X 0 0 0 MIKE WELLS DIRECTOR 10.00 X 0 0 0 APRIL LABRIE CHIEF EXECUTIVE OFFICER/SE 40.00 X 147906 0 0 THUY TRAN TREASURER 10.00 X 0 0 0 GARY MACDONALD IMMEDIATE PAST PRESIDENT 10.00 X 0 0 0 SARAH SCATTINI PRESIDENT 10.00 X 0 0 0 SARA SHARKEY PRESIDENT ELECT 10.00 X 0 0 0 147906 0 0 1 0 0 0 0 1272881 1272881 EDUCATIONAL SERVICES 611430 111604 111604 NNRMLS SERVICE CENTER 531110 40680 40680 152284 42452 42452 45526 0 45526 45526 45526 590012 637562 -47550 -47550 -47550 58319 57578 741 741 146373 246956 -100583 -100583 EQUITY INTEREST - NNRM 525990 130831 130831 OTHER INCOME 900099 6963 6963 GAIN ON ASSET DISPOSAL 523000 401 401 -165043 -164809 -234 -26848 1338903 125670 -234 -59414 X 147906 147906 518609 518609 21623 21623 65559 65559 55950 55950 10021 10021 12001 12001 60000 60000 1704 1704 29547 29547 72111 72111 54078 54078 42306 42306 92921 92921 15451 15451 EDUCATIONAL EXPENSES 181745 181745 EQUIPMENT RENTAL/MAINTE 66455 66455 BANK CHARGES 50426 50426 JANITORIAL 49719 49719 201117 201117 1749249 1749249 0 0 7411 4655 1005669 822049 36759 70964 44375 24367 25553 36665 2640925 1276597 1382602 1364328 12947 15022 1194523 750221 1064923 1172771 4774762 4261042 65583 59664 802564 902516 279313 81906 1147460 1044086 X 3627302 3216956 3627302 3216956 4774762 4261042 -410346 0 X 0 0 0 140 0 0 0 979253 140 -186642 -186502 48963 -235465 PART I-A, LINE 1: POLITICAL AFFAIRS AND GOVERNMENT AFFAIRS FUND EXPENDITURES 460300 460300 1811052 1016248 794804 350248 248675 101573 19325 11674 7651 1364328 MUTUAL FUNDS 750221 F 750221 DEPOSITS 11440 INVESTMENT IN NNRMLS 1159404 INVESTMENT INCOME RECEIVABLE 1927 1172771 PROFIT SHARING CONTRIBUTION PAYABLE 7113 STATE AND NATIONAL DUES PAYABLE 38353 LOST ACTIVE KEYS 17582 SALES TAX PAYABLE 383 RSARPAC LIABILITY 7570 ACCRUED PAYROLL 10905 81906 X PART X, LINE 2: ON JANUARY 1, 2009, THE ASSOCIATION ADOPTED FIN 48 WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ASSOCIATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH SFAS 109 AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF FIN 48 DID NOT HAVE A MATERIAL EFFECT ON THE ASSOCIATION. THE ASSOCIATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2022 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. IN CONNECTION WITH THE ADOPTION OF FIN 48, THE ASSOCIATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2022, THE ASSOCIATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. X 0 RENOSPARKS REALTORS INSTALLATION BANQUET 5650 RIGGINS COURT SUITE 200 RENO NV 89502 ANNUAL INSTALLATION DINNER 1 53545 0 47554 RENOSPARKS REALTORS FUN-RAISER 5650 RIGGINS COURT SUITE 200 RENO NV 89502 FUNDRAISER 1 3119 0 4138 RENOSPARKS REALTORS FUN-WORKING SPHERE EVENT 5650 RIGGINS COURT SUITE 200 RENO NV 89502 FUNDRAISER 1 1470 0 4375 RENOSPARKS OTHER FUNDRAISING 5650 RIGGINS COURT SUITE 200 RENO NV 89502 OTHER FUNDRAISING EVENTS 0 185 0 1511 58319 57578 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY RENO/SPARKS INSTALLATION BANQUET 53545 53545 47554 OTHER FUNDRAISING 4774 4774 10024 58319 58319 57578 57578 741 X X X 0 0 0 PART I, LINE 3 THE COMPANY'S CEO WAS PROVIDED WITH A WRITTEN CONTRACT RECOMMENDED BY COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. ANY BONUSES AND REIMBURSEMENT ALLOWANCE ARE DECIDED ON AND APROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 ITS MEMBERS ARE THOSE WHO REGULARLY PAY DUES AND SUBSCRIBE TO THE ORGANIZATION'S SERVICES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE THOSE WHO REGULARLY PAY DUES AND SUBSCRIBE TO THE ORGANIZATION'S SERVICES. THE ORGANIZATION DOES NOT HAVE STOCKHOLDERS. THE BOARD OF DIRECTORS SELECTED THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 7B ALL BUDGETS AND OTHER DECISIONS MUST BE APPROVED BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 MUST BE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BEFORE SUBMITTED TO IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS A PART OF THE POLICY MANUAL. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS AND EACH DIRECTOR IS REQUIRED TO SIGN AND RETURN A COPY TO THE ASSOCIATION OFFICE. FORM 990, PART VI, SECTION B, LINE 15 CONTRACT NEGOTIATIONS AND COMPENSATION FOR THE CEO WAS CONDUCTED WITH THE ASSOCIATION'S EXECUTIVE COMMITTEE (CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, TREASURER AND IMMEDIATE PAST PRESIDENT). THE EXECUTIVE COMMITTEE WAS PROVIDED WITH COMPARABLE DATA FOR SIMILAR POSITIONS IN THE WESTERN REGION OF THE US. THE AWARDING OF THE CONTRACT WAS REPORTED TO THE BOARD OF DIRECTORS BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 31,030. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,030. RESTRUCTURING EXPENSES: PROGRAM SERVICE EXPENSES 30,597. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,597. UTILITIES: PROGRAM SERVICE EXPENSES 28,219. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,219. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 23,867. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,867. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 19,402. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,402. DONATIONS AND SPONSORSHIPS: PROGRAM SERVICE EXPENSES 13,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,750. HOUSING AFFORDABILITY: PROGRAM SERVICE EXPENSES 11,850. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,850. TELEPHONE: PROGRAM SERVICE EXPENSES 11,799. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,799. HR SERVICES: PROGRAM SERVICE EXPENSES 10,522. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,522. AUTO EXPENSES: PROGRAM SERVICE EXPENSES 7,020. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,020. CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 6,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,200. MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 4,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,386. PRINTING: PROGRAM SERVICE EXPENSES 1,252. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,252. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 1,083. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,083. LOBBYING EXPENSES: PROGRAM SERVICE EXPENSES 140. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140.