RESIDENTIAL REAL ESTATE COUNCIL: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RESIDENTIAL REAL ESTATE COUNCIL (EIN 36-4470215)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-07-27
IRS object ID
202132089349300643
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-27T15:03:26-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 WEST 22ND STREET SUITE 1100AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364470215EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RESIDENTIAL REAL ESTATE COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRESIBusinessNameControlTxt
Phone3123214400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MICHIGAN AVE STE 300AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH TRISTANOPersonNm
Person TitleCFOPersonTitleTxt
Phone3123214400PhoneNum
Signature2021-07-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKEITHPersonFirstNm
Person LastTRISTANOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA STRUCKPreparerPersonNm
PTINP01310867PTIN
Phone6305738600PhoneNum
Preparation2021-07-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEITH TRISTANOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MICHIGAN AVE STE 300AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,571,234GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CRS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1976FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE RESIDENTIAL REAL ESTATE COUNCIL'S (RRC) MISSION IS TO EMPOWER REAL ESTATE PROFESSIONALS TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION, NETWORKING, REFERRALS, AND BUSINESS RESOURCES. RRC PROVIDES ITS MEMBERS WITH A STRONG REFERRAL NETWORK OF ALMOST 28,000 MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Volunteers402TotalVolunteersCnt
Total Gross UBI$402,047TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$33,739NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$8,085,784PYProgramServiceRevenueAmt
CY Program Service Revenue$7,209,976CYProgramServiceRevenueAmt
PY Investment Income$625,436PYInvestmentIncomeAmt
CY Investment Income$925,234CYInvestmentIncomeAmt
PY Other Revenue$55,431PYOtherRevenueAmt
CY Other Revenue$43,276CYOtherRevenueAmt
PY Total Revenue$8,766,651PYTotalRevenueAmt
CY Total Revenue$8,178,486CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,848,590PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,603,632CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,607,078PYOtherExpensesAmt
CY Other Expenses$4,197,223CYOtherExpensesAmt
PY Total Expenses$9,455,668PYTotalExpensesAmt
CY Total Expenses$7,800,855CYTotalExpensesAmt
PY Revenues Less Expenses-$689,017PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$377,631CYRevenuesLessExpensesAmt
Total Assets BOY$21,202,923TotalAssetsBOYAmt
Total Assets EOY$22,941,926TotalAssetsEOYAmt
Total Liabilities BOY$5,561,677TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,164,892TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,641,246NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,777,034NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE RESIDENTIAL REAL ESTATE COUNCIL'S (RRC) MISSION IS TO EMPOWER REAL ESTATE PROFESSIONALS TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION, NETWORKING, REFERRALS, AND BUSINESS RESOURCES. RRC PROVIDES ITS MEMBERS WITH A STRONG REFERRAL NETWORK OF ALMOST 28,000 MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescRRC PROVIDES MEMBERS WITH MANY BENEFITS INCLUDING THE CRS DESIGNATION, WHICH IS THE HIGHEST PROFESSIONAL DESIGNATION AWARDED TO REALTORS IN THE RESIDENTIAL SALES FIELD. THE DESIGNATION IS ACHIEVED BY BOTH EXPERIENCE AND EDUCATIONAL COURSES OFFERED OR APPROVED BY RRC. OTHER MEMBER BENEFITS INCLUDE ACCESS TO AND INCLUSION IN THE RRC MEMBERSHIP REFERRAL DIRECTORY INCLUDING ACCESS AND A PROFILE LISTING ON CRS.COM, THE ORGANIZATION'S WEBSITE, WHERE MEMBERS SHARE IDEAS AND FIND SOLUTIONS.ADDITIONALLY, THE RESIDENTIAL SPECIALIST MAGAZINE HELPS MEMBERS STAY ON TOP OF THE PROFESSION BY PROVIDING NEWS AND INDUSTRY TRENDS, AS WELL AS FEATURES ABOUT THE LATEST TECHNOLOGY TOOLS, MARKETING STRATEGIES AND BUSINESS BUILDING IDEAS. RRC CONDUCTS THREE MAJOR MEETINGS (SELL-A-BRATION, MIDYEAR MEETING, ANNUAL REALTORS CONFERENCE AND EXPO) TO PROVIDE MEMBERS WITH NETWORKING OPPORTUNITIES, EDUCATIONAL WORKSHOPS, AND INDUSTRY INFORMATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescRRC DEVELOPS, APPROVES AND SUPPORTS EDUCATIONAL OFFERINGS THAT TEACH REAL ESTATE BEST PRACTICES TO RESIDENTIAL REAL ESTATE AGENTS, INCREASING THEIR PRODUCTIVITY, AND ULTIMATELY IMPROVING THE QUALITY OF SERVICE TO HOME BUYERS AND SELLERS. ALL EDUCATIONAL OFFERINGS EARN CRS DESIGNATION CREDIT. IN 2020, RRC HELD 120 COURSES WITH 2,839 PROFESSIONALS IN ATTENDANCE. ADDITIONALLY, THERE WERE 25,006 REGISTRATIONS FOR LIVE RRC WEBINARS OF THOSE, 18,625 LIVE WEBINARS REGISTRATIONS WERE COMPLEMENTARY. FURTHERMORE, THERE WERE 12,393 RECORDED WEBINARS TAKEN OF THOSE, 7,970 WERE COMPLEMENTARY. 11,089 E-LEARNING REGISTRATIONS WERE ALSO PROVIDED.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescRRC PARTNERS WITH INDUSTRY LEADERS TO BRING BEST IN CLASS PRODUCTS, SERVICES, AND TOOLS TO ITS' MEMBERS. THESE PRODUCTS, SERVICES AND TOOLS ARE SELECTED TO HELP RRC MEMBERS AND STUDENTS INCREASE THEIR SALES, IMPROVE THEIR QUALITY OF SERVICE TO HOME BUYERS AND SELLERS, GAIN AN EDGE OVER THE COMPETITION AND FURTHER PROMOTE THE CRS DESIGNATION AND RRC EDUCATION AND CERTIFICATIONS.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee42EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RRC-LANA VUKOVLJAK CEOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123214413PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MICHIGAN AVEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL BURKHARD
IMMEDIATE PAST PRESIDENT3.50Yes (X)Yes (X)$0$0$0
RICHARD WAYSTACK
PRESIDENT3.50Yes (X)Yes (X)$7,500$0$0
ALEX MILSHTEYN
PRESIDENT-ELECT3.50Yes (X)Yes (X)$2,500$0$0
HOLLI WOODWARD
1ST VICE PRESIDENT3.50Yes (X)Yes (X)$0$0$0
GREG WALDHOUR
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
JENNIFER WARD
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
KIM CAMERON
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
DAN STEWARD
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
MAURA NEILL
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
LANA VUKOVLJAK
CEO35.00Yes (X)$403,868$0$44,155
KEITH TRISTANO
CFO35.00Yes (X)$221,556$0$36,575
PETER GLOWACKI
CHIEF LEARNING OFFICER35.00$185,931$0$33,030Yes (X)
COLLEEN MCMAHON
CHIEF ADMINISTRATIVE OFFIC35.00$144,469$0$28,888Yes (X)
BOB NITEKMAN
DIRETOR OF IT35.00$122,245$0$26,670Yes (X)
LISA MARSHALL
VICE PRESIDENT OF ENGAGEMENT35.00$124,467$0$26,908Yes (X)
CHAD CURRY
DIRECTOR OF EDUCATION DEVELOPMENT35.00$115,023$0$25,970Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,327,559TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$222,196TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GLC CUSTOM MEDIA
9855 WOODS DR SUITE 105SKOKIEIL60077CREATIVE SERVICES$402,425
AGS PRINT AND MARKETING COMMUNICATIONS
7810 SOLUTION CENTERCHICAGOIL60677PRINTING$263,673
PROFUSIONSYSTEMS INC
1185 SHAWFORD WAY DRELGINIL60120CONSULTING$204,809
PERBYTE INC
25161 W AMBRUST AVEWHEATONIL60187CONSULTING$118,168
APTIFY INC
7900 WESTPARK DRIVEMC LEANVA22102IT SERVICES$112,386
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES900099$4,891,067$4,891,067
EDUCATION COURSES AND MEETINGS900099$1,303,461$1,303,461
ADVERTISING AND SUBSCRIPTIONS541800$955,439$553,392$402,047
SPONSORSHIP REVENUE900099$60,009$60,009
FieldValueIRS element (for citing)
Total Program Service Revenue$7,209,976TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$601,737TotalRevenueColumnAmt
Exclusion$601,737ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,962TotalRevenueColumnAmt
Exclusion$6,962ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$9,716,245SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,392,748SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$323,497SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$323,497TotalRevenueColumnAmt
Exclusion$323,497ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$36,314TotalRevenueColumnAmt
Related Or Exempt Func Income$36,314RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$36,314OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,178,486TotalRevenueColumnAmt
Related Or Exempt Func Income$6,844,243RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$402,047UnrelatedBusinessRevenueAmt
Exclusion$932,196ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$911,523TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,087,937TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$126,663TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$276,419TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$201,090TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$36,089TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,156TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$87,701TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$932,311TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$189,489TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$847,084TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$507,896TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$552,953TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$223,701TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$341,210TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,303TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$145,783TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
CREDIT CARD FEES$137,678
MAINTENANCE AND REPAIRS$84,096
TAXES$35,512
PINS AND PLAQUES$2,378

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$51,883TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,800,855TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,950,690BOYAmt
EOY$1,048,542EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$915,797BOYAmt
EOY$575,139EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$119,349BOYAmt
EOY$83,511EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$553,255BOYAmt
EOY$433,579EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,869,790LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,337,912LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$330,829BOYAmt
EOY$531,878EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,314,084BOYAmt
EOY$20,254,947EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,919BOYAmt
EOY$14,330EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,202,923BOYAmt
EOY$22,941,926EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$604,632BOYAmt
EOY$330,152EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,248,728BOYAmt
EOY$3,949,653EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$650,000BOYAmt
EOY$800,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,317BOYAmt
EOY$85,087EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,561,677BOYAmt
EOY$5,164,892EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,641,246BOYAmt
EOY$17,777,034EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,641,246BOYAmt
EOY$17,777,034EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,202,923BOYAmt
EOY$22,941,926EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$377,631ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,758,157NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$165,079OtherCostOrOtherBasisAmt
Depreciation$165,079DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,022,068OtherCostOrOtherBasisAmt
Depreciation$842,779DepreciationAmt
Book Value$179,289BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$682,643OtherCostOrOtherBasisAmt
Depreciation$330,054DepreciationAmt
Book Value$352,589BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$531,878TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENT OBLIGATION AND LEASE INCENTIVEDesc
Amt$85,087Amt
FieldValueIRS element (for citing)
Total Liability$85,087TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,848,942TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,758,157NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,758,157RevenueNotReportedAmt
Revenue Subtotal$8,090,785RevenueSubtotalAmt
Investment Expenses Not Incld$87,701InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$87,701RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,178,486TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,713,154TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,713,154ExpensesSubtotalAmt
Investment Expenses Not Incld2$87,701InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$87,701ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,800,855TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationRRC HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. RRC DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2020.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LANA VUKOVLJAK
CEO$402,482$0$0$0$1,386$0$27,984$0$16,171$0$448,023$0$0$0
KEITH TRISTANO
CFO$221,073$0$0$0$483$0$22,107$0$14,468$0$258,131$0$0$0
PETER GLOWACKI
CHIEF LEARNING OFFICER$185,616$0$0$0$315$0$18,562$0$14,468$0$218,961$0$0$0
COLLEEN MCMAHON
CHIEF ADMINISTRATIVE OFFIC$144,197$0$0$0$272$0$14,420$0$14,468$0$173,357$0$0$0
LISA MARSHALL
VICE PRESIDENT OF ENGAGEMENT$124,400$0$0$0$67$0$12,440$0$14,468$0$151,375$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationINCLUDED IN THE CONTRACT FOR THE CEO IS A PROVISION FOR SUBSTANTIATED REIMBURSEMENT FOR HEALTHCARE AND HEALTH SCREENING COSTS. THESE REIMBURSEMENTS ARE TAXABLE AS PART OF THE CEO'S W-2 INCOME.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE BOARD OF DIRECTORS SHALL CONSIST OF THE PRESIDENT, PRESIDENT ELECT, FIRST VICE PRESIDENT, IMMEDIATE PAST RESIDENT, THREE AT-LARGE MEMBERS. AT-LARGE BOARD OF DIRECTORS SHALL BE ELECTED BY MEMBERSHIP AND SHALL SERVE A TWO (2) YEAR TERM. THE MEMBERSHIP VOTE WILL BE HELD ANNUALLY IN MAY WITH THE VOTES TO BE CAST ELECTRONICALLY. THE OPEN POSITIONS FOR THE AT-LARGE BOARD OF DIRECTORS WILL BE FILLED BY THE CANDIDATES RECEIVING THE MOST VOTES. ALL TIES WILL BE BROKEN BY LOT. THE BOARD OF DIRECTORS SHALL ELECT ONE OUTSIDE BOARD OF DIRECTOR EVERY OTHER YEAR TO SERVE A TWO (2) YEAR TERM. THE ELECTIONS ARE SUBJECT TO REVIEW AND APPROVAL AS TO REGULARITY BY THE BOARD OF DIRECTORS. THE TERM SHALL BEGIN ON THE FIRST DAY OF THE CALENDAR YEAR FOLLOWING THE MEETING OR VOTE AT WHICH THE DIRECTOR WAS ELECTED AND END ON THE LAST DAY OF THE CALENDAR YEAR OR UNTIL THE POSITION IS FILLED. THE RRC REPRESENTATIVE ON NAR'S EXECUTIVE COMMITTEE SERVES AS AN EX-OFFICIO, VOTING MEMBER. IN ADDITION, THE CHIEF EXECUTIVE OFFICER SERVES AS AN EX-OFFICIO, NON-VOTING MEMBER. WITH THE EXCEPTION OF THE CHIEF EXECUTIVE OFFICER, EMPLOYEES OF THE ORGANIZATION MAY NOT SERVE AS MEMBERS ON THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS AND THE CEO BEFORE IT IS FILED WITH THE IRS. THE RETURN IS SIGNED BY THE CFO.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, THE ORGANIZATION'S OFFICERS AND GOVERNING BOARD (INTERESTED PERSONS) ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE TO DETERMINE IF ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST EXIST WITH THE ORGANIZATION. AS OUTLINED IN THE POLICY, INTERESTED PERSONS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST OR IF HE OR SHE MAY STAND TO DIRECTLY OR INDIRECTLY BENEFIT FROM A TRANSACTION COMPLETED OR DECISION MADE BY THE ORGANIZATION. COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE ORGANIZATION TO DETERMINE IF AN ACTUAL CONFLICT EXISTS. IF IT IS DETERMINED AN ACTUAL CONFLICT EXISTS, THE PERSON WITH A CONFLICT IS REQUIRED TO REFRAIN FROM VOTING OR OTHERWISE INFLUENCE THE DECISION ON A MATTER OR TRANSACTION FOR WHICH A CONFLICT EXISTS. MINUTES OF APPROPRIATE MEETINGS SHALL REFLECT THAT SUCH DISCLOSURE WAS MADE AND THAT SUCH PERSON REMOVED HIM OR HERSELF FROM THE DISCUSSION OR PROS AND CONS AND THE VOTE ON THE MATTER WITH A CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15ATHE COMPENSATION OF THE CEO IS DETERMINED BY A FOUR MEMBER PERSONNEL PRACTICES COMMITTEE, WHICH INCLUDES THE PRESIDENT AND PRESIDENT-ELECT OF THE BOARD, USING COMPARABILITY DATA FROM OTHER SIMILAR ORGANIZATIONS. EACH YEAR THERE IS A PERFORMANCE EVALUATION WHICH INCLUDES A DISCUSSION OF THE UPCOMING YEAR'S GOALS AND OBJECTIVES (DETERMINED BY THE CEO AND THE EVALUATION TEAM) AND ANY CHANGES IN PAY (INCLUDING BONUSES AND MERIT INCREASES). THE CEO DOES NOT TAKE PART IN ANY DISCUSSION OR VOTING REGARDING THEIR OWN COMPENSATION. AT THE COMPLETION OF THE FORMAL EVALUATION, THE EVALUATION DOCUMENT IS SIGNED, DATED, AND GIVEN TO THE CHIEF FINANCIAL OFFICER AS AUTHORIZATION AND DOCUMENTATION TO PROCESS THE APPROPRIATE PAPERWORK. THE LAST CEO PERFORMANCE EVALUATION TOOK PLACE ON DECEMBER 10, 2020 AND COVERED THE PERIOD FROM NOVEMBER 7, 2019 TO DECEMBER 10, 2020. OTHER KEY EMPLOYEES ARE EVALUATED BY THEIR SUPERVISORS UNDER RRC'S EMPLOYEE PERFORMANCE EVALUATION PROGRAM. COMPENSATION FOR ALL OTHER EMPLOYEES IS DETERMINED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE ON A CASE BY CASE BASIS AS APPROPRIATE.
FORM 990, PART VI, SECTION A., LINE 6RRC'S MEMBERS DO NOT POSSESS THE KINDS OF RIGHTS OUTLINED IN PART VI, LINE 6 OF THE 990 INSTRUCTIONS. AS SUCH, THE ORGANIZATION HAS CHECKED "NO" TO THE QUESTIONS ON LINES 6- 7B.
FORM 990, PART IX, LINE 11GOTHER 58,546. SPEAKER FEES 230,402. CONTRACTORS 106,398. CONSULTANTS 536,965.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION'S FINANCIAL STATEMENTS ARE ISSUED ON A CONSOLIDATED BASIS WITH THE NATIONAL ASSOCIATION OF REALTORS. NAR'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION ALSO HAD A SEPARATE FINANCIAL STATEMENT AUDIT OF THE ORGANIZATION. THE ORGANIZATION'S FINANCE COMMITTEE IS RESPONSIBLE FOR THE SEPARATE AUDIT.

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