FREDERICK COUNTY ASSOC OF REALTORS INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FREDERICK COUNTY ASSOC OF REALTORS INC (EIN 52-0983489)
Tax period
2020-11-01 to 2020-12-31
Filed
2021-03-29
IRS object ID
202140889349301254
Schema version
2020v4.0
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)
Return2021-03-29T14:26:31-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DONALD A HILTNER & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1280 E MAIN STAddressLine1Txt
CityWESTMINSTERCityNm
State AbbreviationMDStateAbbreviationCd
ZIP211575525ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520983489EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FREDERICK COUNTY ASSOCIATION OFBusinessNameLine1Txt
Business Name Line2REALTORS INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFREDBusinessNameControlTxt
Phone3016630757PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1478 PROSPECT BLVDAddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTERRY LASCOLAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3016630757PhoneNum
Signature2021-03-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTERRYPersonFirstNm
Person LastLASCOLAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD A HILTNERPreparerPersonNm
PTINP00237666PTIN
Phone4108767232PhoneNum
Preparation2021-03-29PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTERRY LASCOLAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16401 WHITE OAK COURTAddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$184,587GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.FCAR.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1961FormationYr
Activity Or MissionTHE ASSOCIATION PROVIDES AND PROMOTES REALTORS EDUCATION AND COOPERATION. IT PROMOTES CONSUMER TRUST AND CONFIDENCE THROUGH THE SUPPORT OF ITS MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$434,749PYContributionsGrantsAmt
CY Contributions Grants$127,102CYContributionsGrantsAmt
PY Program Service Revenue$135,026PYProgramServiceRevenueAmt
CY Program Service Revenue$32,654CYProgramServiceRevenueAmt
PY Investment Income$36,081PYInvestmentIncomeAmt
CY Investment Income$24,831CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$605,856PYTotalRevenueAmt
CY Total Revenue$184,587CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$261,033PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$41,834CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$280,271PYOtherExpensesAmt
CY Other Expenses$54,591CYOtherExpensesAmt
PY Total Expenses$541,304PYTotalExpensesAmt
CY Total Expenses$96,425CYTotalExpensesAmt
PY Revenues Less Expenses$64,552PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$88,162CYRevenuesLessExpensesAmt
Total Assets BOY$1,765,938TotalAssetsBOYAmt
Total Assets EOY$1,968,970TotalAssetsEOYAmt
Total Liabilities BOY$19,462TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,323TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,746,476NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,947,647NetAssetsOrFundBalancesEOYAmt
MissionTHE ASSOCIATION PROVIDES AND PROMOTES REALTORS EDUCATION AND COOPERATION. IT PROMOTES TRUST AND CONFIDENCE THROUGH THE SUPPORT OF APPROXIMATELY 900 MEMBERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescMEMBERSHIP SERVICES EXPENDITURES CONSIST OF MEMBERSHIP COSTS, AWARDS AND SPECIAL EVENTS, MEMBER SUPPLIES, COMMUNITY SERVICES, CONTRIBUTIONS, TRADE SHOWS, COMMITTEE EXPENDITURES AND PROFESSIONAL STANDARDS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescEDUCATION EXPENDITURES CONSIST OF CONVENTION AND SEMINARS, EDUCATION AND TRAINING AND PROFESSIONAL DEVELOPMENTDesc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FREDERICK COUNTY ASSOCIATION OF REABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3016630757PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1478 PROSPECT BLVDAddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21701ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
AMANDA ADDINGTON
PAST PRESIDEYes (X)$0$0$0
KRIS ALCORN
DIRECTORYes (X)$0$0$0
KEVIN CAREY
DIRECTORYes (X)$0$0$0
TONY CHECCHIA
PRESIDENT ELYes (X)$0$0$0Yes (X)
THOMAS CAMPBELL IV
DIRECTORYes (X)$0$0$0
ASHLEIGH KIGGANS
DIRECTORYes (X)$0$0$0
MARIE LAGOS
DIRECTORYes (X)$0$0$0
TERRY LASCOLA
PRESIDENTYes (X)$0$0$0Yes (X)
AMOS MARTIN
SECRETARY/TRYes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$127,102MembershipDuesAmt
Total Contributions$127,102TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SENTRILOCK SERVICES$27,587$27,587
MERCHANDISE SALES$3,403$3,403
EDUCATIONAL SEMINARS$1,464$1,464
COMMITTEE RELATED$200$200
FieldValueIRS element (for citing)
Total Program Service Revenue$32,654TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,831TotalRevenueColumnAmt
Related Or Exempt Func Income$24,831RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$184,587TotalRevenueColumnAmt
Related Or Exempt Func Income$57,485RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$41,834TotalAmt
Management And General$41,834ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,167TotalAmt
Management And General$1,167ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$13,895TotalAmt
Management And General$13,895ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,670TotalAmt
Management And General$3,670ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
PROFESSIONAL FEES$10,430$10,430
REALTOR COMMUNITY SERVICE$8,801$8,801
BOARD OF DIRECTORS MEETIN$4,701$4,701
PROFESSIONAL STANDARDS$3,000$3,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,927TotalAmt
Program Services$3,791ProgramServicesAmt
Management And General$5,136ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$96,425TotalAmt
Program Services$15,592ProgramServicesAmt
Management And General$80,833ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$146,628BOYAmt
EOY$237,990EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$11,127BOYAmt
EOY$13,355EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$175,888LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$44,741LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$133,100BOYAmt
EOY$131,147EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$31,319BOYAmt
EOY$29,602EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,443,764BOYAmt
EOY$1,556,876EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,765,938BOYAmt
EOY$1,968,970EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,882BOYAmt
EOY$8,613EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,580BOYAmt
EOY$12,710EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,462BOYAmt
EOY$21,323EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,746,476BOYAmt
EOY$1,947,647EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,746,476BOYAmt
EOY$1,947,647EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,765,938BOYAmt
EOY$1,968,970EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$88,162ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$113,009NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$155,874OtherCostOrOtherBasisAmt
Depreciation$38,103DepreciationAmt
Book Value$117,771BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,014OtherCostOrOtherBasisAmt
Depreciation$6,638DepreciationAmt
Book Value$13,376BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$131,147TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
INVESTMENTS$1,552,453
DEPOSIT$4,423
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,556,876TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED EXPENSESDesc
Amt$12,710Amt
FieldValueIRS element (for citing)
Total Liability$12,710TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$297,596TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$113,009NetUnrealizedGainsInvstAmt
Revenue Not Reported$113,009RevenueNotReportedAmt
Revenue Subtotal$184,587RevenueSubtotalAmt
Total Revenue Per Form990$184,587TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$96,425TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$96,425ExpensesSubtotalAmt
Total Expenses Per Form990$96,425TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6ASSOCIATION HAS APPROXIMATELY 900 MEMMBERS
FORM 990, PAGE 6, PART VI, LINE 7AWHO VOTE TO ELECT THE BOARD OF DIRECTORS AND KEEP TRACK OF THE BOARD OF DIRECTORS ACTIVITIES.
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 12CMEMBERS OF THE ORGANIZATION ARE EXPECTED TO SELF MONITOR AND DISCLOSE ANY CONFLICTSOF INTEREST THAT MIGHT ARISE DURING THE COURSE OF BUSINESS DEALINGS AND CONVERSATIONS
FORM 990, PAGE 6, PART VI, LINE 15ATHE EXECUTIVE COMMITTEE OF THE BOD IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE CEO. THEY OCCASIONALLY CONSULT WITH THE NATIONAL ASSOCIATION FOR REALTORS FOR COMPARABLE DATA.
FORM 990, PAGE 6, PART VI, LINE 19THE ASSOCIATION MAKES DOCUMENTS AVAIABLE BY REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.