2022-06-16T08:26:37-05:00 2020-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2020-10-01 390782674 WISCONSIN REALTORS ASSOCIATION INC WISC 6082412047 4801 FOREST RUN ROAD MADISON WI 53704 MICHAEL THEO PRESIDENT & CEO 6082412047 2022-06-15 1 MICHAEL THEO 999009999 DOUGLAS BERRY P00540951 6088318181 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL THEO 4801 FOREST RUN RD MADISON WI 53704 3991014 0 X WWW.WRA.ORG X 1909 WI TO PROMOTE THE ADVANCEMENT OF REAL ESTATE IN WISCONSIN AND PROVIDE CUTTING EDGE TOOLS TO HELP REALTORS ENJOY A SUCCESSFUL CAREER AND BE COMPETITIVE IN THEIR MARKET. 27 27 36 87 6113 0 0 0 5905572 3689998 312234 139664 51018 13231 6268824 3842893 50000 0 0 0 3479036 855469 0 0 0 3029367 725434 6558403 1580903 -289579 2261990 14818315 19442114 2703899 5380092 12114416 14062022 X TO UNITE LOCAL BOARDS OF REALTORS AND INDIVIDUALS IN THE STATE OF WISCONSIN FOR THE PURPOSE OF SERVING ITS MEMBERS BY FURNISHING PROGRAMS AND SERVICES THAT PROMOTE AN ENVIRONMENT IN WHICH ITS MEMBERS MAY SUCCESSFULLY CONDUCT THEIR INDIVIDUAL BUSINESS WHILE SERVING THEIR CLIENTS AND THE PUBLIC WITH THE HIGHEST DEGREE OF PROFESSIONALISM; AND THROUGH COOPERATIVE ACTION, PRESERVE AND ENHANCE THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY. 0 0 PROFESSIONAL DEVELOPMENT: EXPENSES INCURRED TO PROVIDE INFORMATION, EDUCATION AND TRAINING RELATED TO REAL ESTATE LICENSE LAW, DESIGNATIONS, CONVENTIONS, LEGAL UPDATES, FORMS AND MEMBER SERVICES. LEGAL SERVICES/PUBLIC AFFAIRS: EXPENSES INCURRED TO PROVIDE SERVICES FOR LEGISLATIVE ADVOCACY, HOUSING STATISTICS, REAL ESTATE MARKET RESEARCH, EXTERNAL MEDIA ACTIVITIES, INFORMATION, PRODUCTS AND LOBBYING SERVICES RELATED TO LICENSE LAW, PROFESSIONAL STANDARDS, FAIR HOUSING, LAND USE REGULATIONS, STATE TAX POLICY, ECONOMIC DEVELOPMENT, AND REAL ESTATE PRACTICE. COMMUNICATIONS: EXPENSES INCURRED TO PROVIDE TECHNICAL AND CREATIVE SUPPORT FOR THE ASSOCIATION'S COMMUNICATION AND PROMOTION OBJECTIVES TO MEMBERS AND NONMEMBERS. PRIVATE PROPERTY ACTION FUND: AS PART OF THE ASSOCIATION'S PUBLIC POLICY ACTIVITIES, EXPENSES INCURRED FOR PUBLIC OPINION RESEARCH, MEMBER MOBILIZATION, AND GRASSROOTS LOBBYING COMMUNICATIONS.LEADERSHIP PROGRAM AND PLANNING: EXPENSES INCURRED TO FUND VOLUNTEER ELECTED LEADERSHIP RESPONSIBILITIES AND MANAGEMENT TO SET POLICY FOR THE ORGANIZATION. COSTS INCLUDE MANAGEMENT OF THE ASSOCIATION, STRATEGIC/LONG TERM PLANNING, NOMINATIONS OF LEADERS AND NATIONAL CHAPTER LIAISON FUNCTIONS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 45 0 36 1 1 1 0 0 0 1 1 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WISCONSIN REALTORS ASSOC INC 6082412047 4801 FOREST RUN RD MADISON WI 53704 STEPHEN BEERS CHAIR OF THE BOARD 2.96 0.05 X X 1696 0 0 MARY DUFF CHAIR OF THE BOARD - ELECT 2.96 0.05 X X 0 0 0 BRADLEY LOIS TREASURER 2.96 0.08 X X 0 0 0 MARY JO BOWE EXECUTIVE COMMITTEE 0.81 0.05 X 0 0 0 SHAWN GOVERN EXECUTIVE COMMITTEE 0.81 X 0 0 0 JEAN STEFANIAK EXECUTIVE COMMITTEE 0.81 X 0 0 0 JOHN FLOR CANDIDATE FOR NAR LEADERSHIP DIRECTOR 0.04 0.03 X 0 0 0 SHAWNA ALT STATEWIDE COMPANY DIRECTOR 0.04 X 0 0 0 RYAN FULCER STATEWIDE COMPANY DIRECTOR 0.04 X 550 0 0 JOHN HORNING STATEWIDE COMPANY DIRECTOR 0.04 0.03 X 0 0 0 DEBORAH CAPPELLO REGIONAL COMPANY DIRECTOR 0.04 X 0 0 0 KIM KOLASHINSKI REGIONAL COMPANY DIRECTOR 0.04 X 0 0 0 ROB RYBARCZYK REGIONAL COMPANY DIRECTOR 0.04 X 0 0 0 CHRISTOPHER STARK REGIONAL COMPANY DIRECTOR 0.04 0.03 X 0 0 0 PETER STUECK REGIONAL COMPANY DIRECTOR 0.04 X 0 0 0 MICHAEL DIDIER REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 PATRICIA KASTER REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 MICHAEL KUNESH REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 DANIEL LAWLER REGIONAL-REPRESENTATIVE DIRECTOR 0.04 0.03 X 0 0 0 THOMAS MCCORMICK REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 MAXELLE REA REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 DANIEL SPRANSEY REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 WADE WILLIAMS REGIONAL-REPRESENTATIVE DIRECTOR 0.04 X 0 0 0 TERRY HILGENBERG PAST PRESIDENT DIRECTOR 0.04 X 0 0 0 PETER SVEUM PAST PRESIDENT DIRECTOR 0.04 0.03 X 0 0 0 DAVID BELMAN AT-LARGE DIRECTOR 0.04 X 0 0 0 JAMES IMHOFF III AT-LARGE DIRECTOR 0.04 X 0 0 0 MICHAEL THEO PRESIDENT & CEO 37.50 0.08 X 347694 0 35901 THOMAS D LARSON EXECUTIVE VICE PRESIDENT 37.50 X 277312 0 28861 CORI M LAMONT SENIOR DIRECTOR LEGAL AND PUBLIC AFFAIRS 37.50 X 183451 0 16663 BRUCE BARCHUS CHIEF OPERATING OFFICER 37.50 X 142822 0 18056 EARL J MURRAY DIRECTOR OF POLITICAL AND GOVERNMENTAL AFFAIRS 37.50 X 123225 0 9318 KRISTI MIKALSEN VP BUSINESS SERVICES 37.50 X 121398 0 9104 STEPHANIE LARSON VP FINANCE 37.50 X 170097 0 21768 1368245 0 139671 10 0 1 0 LAKE CITY GLASS INC 3501 EASH WASHINGTON AVE MADISON WI 53704 NEW WINDOWS 132410 ALPHAGRAPHICS 221 KING ST MADISON WI 53703 PRINTING SERVICES 109897 2 MEMBERSHIP DUES 900099 1933041 1933041 EDUCATIONAL SERVICES 900099 1719244 1719244 MISCELLANEOUS INCOME 900099 23230 23230 SECTION FEES 900099 8295 8295 COMMUNICATIONS 900099 6188 75 6113 3689998 34836 34836 13231 0 13231 13231 13231 252949 115171 32950 137778 -32950 104828 104828 3842893 3683885 6113 152895 X 253651 459020 33556 67904 41338 69638 15211 16673 20507 52811 46692 7045 45707 ALLOCATION OF INDIRECT -566310 EDUCATIONAL PROGRAMS 434111 LEGAL / PUBLIC AFFAIRS 375753 COMMUNICATIONS 116140 91456 1580903 385 385 403449 639596 75464 133324 69626 73370 226627 189132 3422113 1887228 1410329 1534885 11821602 16130306 810833 741116 14818315 19442114 796029 1212449 1216761 3249219 691109 918424 2703899 5380092 X 12114416 14062022 12114416 14062022 14818315 19442114 2261990 635216 -949600 0 X X 0 1 X 1 0 0 0 0 0 1933041 166449 166449 618573 -452124 PART I-A, LINE 1: ASSOCIATION SPONSORS AND ADMINISTERS A CONNECTED PAC, CONDUCTS CANDIDATE INTERVIEWS, MAKES CANDIDATE ENDORSEMENTS AND COMMUNICATES WITH ITS MEMBERS AND MAGAZINE SUBSCRIBERS ON THOSE ENDORSEMENTS. 301517 301517 1556134 786385 769749 151851 97331 54520 1412611 1003512 409099 1534885 DIRECT GIVER PROGRAM 363575 DEFERRED COMPENSATION 554849 918424 X X 0 1 X X X 0 0 0 MICHAEL THEO PRESIDENT & CEO 274001 0 35641 0 38052 0 31703 0 4198 0 383595 0 0 0 THOMAS D LARSON EXECUTIVE VICE PRESIDENT 245699 0 8743 0 22870 0 28861 0 0 0 306173 0 0 0 CORI M LAMONT SENIOR DIRECTOR LEGAL AND PUBLIC AFF 178850 0 4529 0 72 0 15513 0 1150 0 200114 0 0 0 STEPHANIE LARSON VP FINANCE 144950 0 5481 0 19666 0 15780 0 5988 0 191865 0 0 0 BRUCE BARCHUS CHIEF OPERATING OFFICER 136512 0 6000 0 310 0 12068 0 5988 0 160878 0 0 0 PART I, LINE 1A 1. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: RECEIVED BY THE PRESIDENT & CEO. 2. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: SOCIAL CLUB DUES RECEIVED BY THE PRESIDENT & CEO, KEY EMPLOYEE AND HIGHEST COMPENSATED EMPLOYEE. THE HEALTH CLUB BENEFIT AND PERSONAL USE PORTION OF THE SOCIAL CLUB BENEFIT IS TREATED AS TAXABLE COMPENSATION. PART I, LINE 1B AUTHORIZATION IS ANNUALLY APPROVED AS PART OF THE BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBERS FROM WI WITH THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANACE. THE MEMBERS OF THE ASSOCIATION CONSIST OF SIX CLASSES: (1) MEMBER BOARDS, (2) BOARD MEMBERS, (3) INDIVIDUAL MEMBERS, (4) INSTITUTE AFFILIATE MEMBERS, (5) AFFILIATE MEMBERS, (6) HONORARY MEMBERS. BOARD MEMBERS AND INDIVIDUAL MEMBERS SHALL BE ACTIVE MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE STATEWIDE COMPANY DIRECTORS AND THE REGIONAL COMPANY DIRECTORS ARE CHOSEN BY THE COMPANY AS DEFINED IN THE ORGANIZATION'S BY-LAWS. THE REGIONAL REPRESENTATIVE DIRECTORS ARE CHOSEN BY THE NOMINATING COMMITTEE. THE NOMINATING COMMITTEE ALSO CONFIRMS THAT AN INDIVIDUAL IS ACTIVELY SEEKING OR HOLDING AN NAR LEADERSHIP TEAM POSITION. BOTH THE REGIONAL REPRESENTATIVE AND NAR LEADERSHIP TEAM POSITION ARE APPROVED/ELECTED BY THE BOARD OF DIRECTORS. THE PAST CHAIRMAN OF THE BOARD (OR PAST PRESIDENT DIRECTOR) (2) ARE SELECTED BY THE PAST CHAIRMAN COUNCIL. THE AT-LARGE DIRECTORS ARE CHOSEN BY THE CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS REVIEW THE AUDITED FINANCIAL STATEMENTS. MANAGEMENT, INCLUDING THE PRESIDENT, REVIEW THE 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. MANAGEMENT E-MAILS THE 990 TO THE BOARD OF DIRECTORS AND THEY ARE GIVEN 5 DAYS TO REVIEW THE FORM BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL THE MEMBERS OF CERTAIN COMMITTEES AND THE BOARD, INCLUDING OFFICERS, ARE REQUIRED TO SIGN A FORM TO DISCLOSE ALL CONFLICTS OF INTEREST. THE SIGNED FORMS ARE KEPT AT THE ASSOCIATION'S OFFICE. IN ADDITION, AT THE BEGINNING OF EACH MEETING THE CHAIRMAN ASKS THE MEMBERS IF THEY HAVE ANY CONFLICTS WITH ITEMS ON THE PROPOSED AGENDA. FORM 990, PART VI, SECTION B, LINE 15 RESULTS OF THE LOCAL AREA TRADE ASSOCIATION SALARY SURVEY IS USED (THE SURVEY IS CONDUCTED PERIODICALLY). PERIODICALLY, ADDITIONAL SALARY INFORMATION SOURCES ARE ALSO CONSULTED SUCH AS THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), THE WISCONSIN SOCIETY OF ASSOCIATION EXECUTIVES (WSAE) AND THE NATIONAL ASSOCIATION OF REALTORS (NAR). OFFICERS REVIEW AND APPROVE ALL STAFF SALARIES (AS AN AGGREGATE AND NOT INDIVIDUALLY) AS PART OF THE BUDGET PROCESS NOT IN SEPARATE ACTION/REVIEW. THE PRESIDENT'S SALARY, PERFORMANCE AND CONTRACT ARE REVIEWED SEPARATELY BY THE OFFICERS BIANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 24E LEADERSHIP 79,658. LEGAL ACTION FUND 18,141. R&D FUND 3,508. MISC EXPENSES 415. PRIVATE PROPERTY ACTION FUND -10,266. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE CURRENT YEAR. WISCONSIN REALTORS FOUNDATION 4801 FOREST RUN ROAD MADISON WI 53704 510195146 CHARITY WI 501(C)(3) LINE 7 N/A 0 WISCONSIN HOMEOWNERS ALLIANCE 4801 FOREST RUN ROAD MADISON WI 53704 202931469 ADVOCACY WI 501(C)(4) WISCONSIN REALTORS ASSOCIATION INC 1 REALTORS POLITICAL ACTION COMMITTEE - WI 4801 FOREST RUN ROAD MADISON WI 53704 237082147 PAC WI 527 0 WISCONSIN REALTORS POLITICAL FUND 4801 FOREST RUN ROAD MADISON WI 53704 460769544 POLITICAL WI 527 WISCONSIN REALTORS ASSOCIATION INC 1 WISCONSIN REALTORS ADVOCACY FUND 4801 FOREST RUN ROAD MADISON WI 53704 821674073 POLITICAL WI 527 WISCONSIN REALTORS ASSOCIATION INC 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 WISCONSIN HOMEOWNERS ALLIANCE L 300632 WHA BOD WISCONSIN HOMEOWNERS ALLIANCE R 120000 NET CASH TRANSFER WISCONSIN REALTORS ADVOCACY FUND L 32826 WRAF BOD SCHEDULE R, PART V, LINE 2 FURTHER EXPLANATION OF THE TRANSACTIONS WITH RELATED ORGANIZATIONS: INVESTMENTS OF WISCONSIN HOMEOWNERS ALLIANCE (WHA) ARE POOLED WITH THE INVESTMENTS HELD UNDER THE NAME OF WISCONSIN REALTORS ASSOCATION (WRA). THE POOLED INVESTMENTS AND RELATED INVESTMENT GAINS AND LOSSES ARE ALLOCATED TO WHA BASED ON A WEIGHTED AVERAGE OF THE COST BASIS INCLUDED IN THE INVESTMENT POOL. THE AMOUNT INVOLVED REPORTED ON LINE 2, ITEM 1S REPRESENTS THE NET TRANSFERS OF CASH THAT WHA WITHDREW FROM THE POOLED INVESTMENT FUND DURING THE FISCAL YEAR.