2022-11-14T18:09:46-05:00 2021-12-31 202404560 JL JOHNSON CPA LLC 169 N MAIN ST STE 2 TOOELE UT 84074 990 2021-01-01 870172850 SALT LAKE BOARD OF REALTORS SALT 8015428840 230 W TOWNE RIDGE PARKWAY 200 SANDY UT 84070 CURTIS A BULLOCK CEO 8015428840 2022-11-15 CURTIS A BULLOCK 999009999 JOHN R ANDERSON P01324043 4358820300 2022-11-14 2021 2022-09-23 18:48:47Z CURTIS A BULLOCK 230 W TOWNE RIDGE PARKWAY STE 200 SANDY UT 84070 6834992 false X X NON-PROFIT UT SEE SCHEDULE O 16 16 14 150 0 5376342 5806976 28672 22737 410564 799378 515769 205901 6331347 6834992 0 0 1635978 1751502 0 0 2850604 3283623 4486582 5035125 1844765 1799867 18563179 21819428 2833929 3378993 15729250 18440435 X SEE SCHEDULE O false false NA NA false false false true false false false false false true true false true true false false 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 false false true 0 0 true 14 true true true false false false true true false false false X 16 16 false false false false false true true true true false false false true true false false false true true false UT X LYNN ANDERSON 8015428840 230 W TOWNE RIDGE PARKWAY STE 200 SANDY UT 84070 CURTIS A BULLOCK CEO X 381472 0 11600 MATT ULRICH PRESIDENT 5.00 X X 23200 0 0 MORELZA BORATZUK DIRECTOR X 0 0 0 HANNAH CUTLER DIRECTOR X 0 0 0 LAURA FIDLER DIRECTOR X 0 0 0 AMY GIBBONS DIRECTOR X 0 0 0 JENNIFER GILCHRIST DIRECTOR X 0 0 0 ALICIA HOLDAWAY PAST PRESIDE X X 0 0 0 CLAIRE LARSON DIRECTOR X 0 0 0 JOHN LUCKY DIRECTOR X 0 0 0 ROB OCKEY 2ND VICE PRE X X 0 0 0 STEVE PERRY 1ST VICE PRE X X 0 0 0 SOPHIE REECE DIRECTOR X 0 0 0 JANICE SMITH DIRECTOR X 0 0 0 CARLYE WEBB TREASURER X X 0 0 0 404672 11600 1 false true false 5806976 5806976 EDUCATION 22737 22737 22737 755605 755605 141048 141048 141048 141048 136198 92425 43773 43773 43773 48542 83062 -34520 -34520 MISCELLANEOUS INCOME 99373 99373 99373 6834992 1062536 -34520 X 404672 404672 1002749 1002749 254351 254351 89730 89730 5240 5240 55097 55097 1428583 1428583 508179 508179 145752 145752 251684 251684 295640 295640 265652 265652 5370 5370 CREDIT CARD PROCESSING 146787 146787 SPONSORSHIPS 70970 70970 OTHER 61714 61714 TAXES & LICENSES 39037 39037 3918 3918 5035125 1724223 3310902 0 2719836 4338624 25196 19169 38365 22591 63613 372254 10725839 5196978 5689127 5528861 4186130 4470784 5840869 7067145 43 18563179 21819428 197005 659858 2528538 2585243 108386 133892 2833929 3378993 X 15729250 18440435 15729250 18440435 18563179 21819428 1799867 -96 911414 X false false false false false false 5806976 186466 18646 1211945 1211945 6417806 2340071 4077735 1001277 871760 129467 2094861 1985147 109714 5528861 7067145 COPIER LEASES 77246 UAR DUES - DEFERRED 24013 NAR DUES - DEFERRED 20580 TENANTS SECURITY DEPOSITS 12018 KEY DEPOSITS - DEFERRED 35 133892 7932872 1097880 1097880 6834992 6834992 5221592 186467 186467 5035125 5035125 SCHEDULE D, PAGE 4, PART XIII TAXPAYER MAINTAINS ITS ACCOUNTING RECORDS AND FINANCIAL REPORTING IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), EVEN THOUGH SUCH RECORDS ARE NOT AUDITED BY AN INDEPENDENT ACCOUNTANT, HENCE, THE INCOME AND EXPENSES DESCRIBED BELOW ARE INCLUDED IN ITS GAAP FINANCIAL STATEMENTS BUT ARE NOT INCLUDED IN THIS FORM 990: PART XI, LINE 2D - NOT INCLUDABLE INCOME INCLUDES UNREALIZED INVESTMENT LOSS OF -127,333 AND UNDISTRIBUTED EARNINGS FROM WFRMLS OF 1,225,212. PART X11, LINE 2D - NON DEDUCTIBLE EXPENSES RELATED TO POLITICAL ACTIVITIES IN THE AMOUNT OF 186,466. false false false CURTIS A BULLOCK CEO 309602 60000 11870 11600 393072 SCHEDULE J, PAGE 1, PART I, LINE 3 3) THE COMPENSATION OF THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE BASED ON COMPARABLE DATA, SALARY SERVEYS AND FORM 990 RESPONSE TO PART I AND PART III - ORGANIZATIONS MISSION AND MOST SIGNIFICANT ACTIVITIES: TAXPAYER IS A REAL ESTATE BOARD AND AS SUCH DOES NOT HAVE SPECIFIC PROGRAMS AND SERVICES TO WHICH REVENUES AND EXPENSES ARE ALLOCATED. THE REVENUE AMOUNT SHOWN IN PART III, LINE 4A REPRESENTS MEMBERSHIP DUES AND FEES PAID BY MEMBERS. THE BOARD ADMINISTERS AND MONITORS THE PROFESSIONAL REQUIREMETNS OF THE STATE LICENSING AGENCY AND THE NATIONAL ASSOCIATION OF REALTORS ON BEHALF OF ITS MEMBERS. THESE ACTIVITIES INCLUDE: 1. MONITORING MEMBERS CONDUCT AND COMPLIANCE WITH PROFESSIONAL STANDARDS AND THE BOARD'S CODE OF ETHICS, 2. EDUCATION COURSES TO ENABLE MEMBERS TO MEET THEIR PROFESSIONAL CONTINUING EDUCATION REQUIREMENTS, 3. PROVIDING LOCK BOX SECURITY SYSTEMS USED BY AGENTS IN CONNECTION WITH PROPERTIES LISTED FOR SALES, 4. PROVIDING COPIES OF FORMS, CONTRACTS AND OTHER SUPPLIES USED BY REAL ESTATE AGENTS, 5. PROMOTING THE INTEREST OF INDIVIDUAL PROPERTY RIGHTS AND HOME OWNERSHIP THESE ACTIVITIES ARE FUNDED PRIMARILY BY MEMBERSHIP DUES AND RELATED FEES, PLUS FEES FOR SERVICES, IN CERTAIN CASES. AS PREVIOUSLY NOTED REVENUES AND EXPENSES ARE NOT SUBJECT TO SEGRECATION OR ALLOCATION TO THE INDIVIDUAL SERVICES AND ACTIVITIES PROVIDED BY THE BOARD. FORM 990, PAGE 2, PART III, LINE 4D NA FORM 990, PART VI RESPONSE TO PART VI, SECTION A - GOVERNING BODY & MANAGEMENT, ITEMS 6, 7A, 7B, 8A: 6) THE ORGANIZATION HAS MEMBERS WHO PAY ANNUAL DUES AS A PRIVILEDGE OF MEMBERSHIP 7A) THE MEMBERS ELECT THE BOARD OF DIRECTORS 7B) CHANGES TO THE BY-LAWS AND THE ELECTION OF THE BOARD OF DIRECTORS ARE VOTED UPON BY THE MEMBERS. ALL OTHER DECISIONS ARE THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. 8A) MINUTES OF THE MEETINGS OF HTE BOARD OF DIRECTORS ARE MAINTAINED BY THE ADMINISTRATIVE EXECUTIVE. REPSONSE TO PART VI, SECTION B - POLICIES, ITEMS 12C, 15A & 15B: 12C) THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS ON A MONTHLY BASIS. THIS COMMITTEE MONITORS THE COMPLIANCE OF ALL BOARD OF DIRECTORS AND KEY EMPLOYEES AND MAKES RECOMMENDATIONS TO THE FULL BOARD IN THE EVENT OF ANY NONCOMPLIANCE WITH THE POLICIES AND CODE OF ETHICS. 15A) THE CEO IS THE ONLY PAID OFFICER OF THE ASSOCIATION. HIS COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. 15B) ALL OTHER KEY OFFICERS AND BOARD MEMBERS ARE VOLUNTEERS WHO SERVE WITHOUT COMPENSATION, EXCEPT FOR THE PRESIDENT, WHO RECEIVES A MONTHLY STIPEND OF 1,600 RESPONSE TO PART VI, SECTION C - DISCLOSURE ITEM 19: COPIES OF GOVERNING DOCUMENTS, POLICY STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE ADMINISTRATIVE EXECUTIVE AT: SALT LAKE BOARD OF REALTORS, 230 W. TOWNE RIDGE PARKWAY, SUITE 200, SANDY UT 84070 FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G OTHER FEES 1,428,583 0 0 FORM 990, PART XI RESPONSE TO PART XI, RECONCILIATION OF NET ASSETS, ITEM 9: TAXPAYER MAINTAINS ITS ACCOUNTING RECORDS AND FINANCIAL REPORTING IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), EVEN THOUGH SUCH RECORDS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT, HENCE, THE INCOME AND EXPENSES DESCRIBED BELOW ARE INCLUDED IN ITS GAAP FINANCIAL STATEMENTS BUT ARE NOT INCLUDED IN THIS FORM 990: NOT INCLUDABLE INCOME INCLUDES INCREASE IN FMV OF INVESTMENTS OF -127,333 & UNDISTRIBUTED EARNINGS FROM WFRMLS OF 1,225,212 NON DEDUCTIBLE EXPENSES INCLUDES EXPENSES RELATED TO POLITICAL ACTIVITIES IN THE AMOUNT OF 186,466 WASATCH FRONT REGIONAL MLS 230 W TOWNE RIDGE PARKWAY SANDY UT 84070 REAL ESTAT UT N/A 51 33 0.50560 false false false false false false false false false false false false false false false false false false false false