2019-09-06T10:05:15-05:00 2018-12-31 880149095 ALBRIGHT & ASSOCIATES LTD 1025 RIDGEVIEW DRIVE SUITE 300 RENO NV 89519 990 2018-01-01 886004347 RENOSPARKS ASSOCIATION OF REALTORS RENO 7758238800 5650 RIGGINS COURT NO 200 RENO NV 89502 APRIL LABRIE CHIEF EXECUTIVE OFFICER 7758238800 2019-08-30 1 ERIC K KRONAWETTER P00286105 7758265432 2019-08-27 66.214.215.212 2019-08-30 09:51:25 PD P 795D0C32F89C5FE48144B84793F0AE7D13CE790C 3C06BAB494E90CFD6C7C9D909A466F9C27F54A44 2018 2019-02-21 02:37:17Z APRIL LABRIE 5650 RIGGINS COURT SUITE 200 RENO NV 89502 1676959 0 X WWW.RSAR.NET X 1950 NV TO PROVIDE UNITED MEDIUM TO THOSE ENGAGED IN THE REAL ESTATE PROFESSION. 14 0 11 0 42777 41777 1121619 1024686 231861 260116 89456 66638 182215 83614 1625151 1435054 0 0 0 0 710131 778239 0 0 0 601825 768959 1311956 1547198 313195 -112144 3894341 3795415 629679 642897 3264662 3152518 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 1547198 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. 1547198 0 0 1 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 11 1 1 1 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 RIAN HAAG DIRECTOR 10.00 X 0 0 0 AMBER KLINGENSMITH DIRECTOR 10.00 X 0 0 0 SANDY LINDSAY AFFILIATE DIRECTOR 10.00 X 0 0 0 MEGAN LOWE DIRECTOR 10.00 X 0 0 0 GARY MACDONALD DIRECTOR 10.00 X 0 0 0 LINDA MEISSEN NNRMLS TRUSTEE DIRECTOR 10.00 X 0 0 0 ED PHILLIPS FERNLEY DIRECTOR 10.00 X 0 0 0 PAT SCHWEIGERT DIRECTOR 10.00 X 0 0 0 SARA SHARKEY DIRECTOR 10.00 X 0 0 0 CHERIE WILLIAMS CHIEF EXECUTIVE OFFICER 40.00 X 153996 0 0 JOHN GRAHAM PRESIDENT 10.00 X 0 0 0 DOUG MCINTYRE PRESIDENT ELECT 10.00 X 0 0 0 WILLIAM PROCESS IMMEDIATE PAST PRESIDENT 10.00 X 0 0 0 ANGELICA REYES TREASURER 10.00 X 0 0 0 153996 0 0 1 0 1 0 0 1024686 1024686 EDUCATIONAL SERVICES 611430 162869 162869 NNRMLS SERVICE CENTER 531110 97247 97247 260116 66638 66638 104686 24334 80352 80352 40442 39910 55760 51416 4344 4344 154501 166155 -11654 -11654 EQUITY INTEREST - NNRM 525990 109155 109155 OTHER INCOME 900099 11405 11405 ADVERTISING INCOME 541800 2335 2335 -112323 -112323 10572 1435054 268353 42777 99238 X 153996 153996 451156 451156 38223 38223 87352 87352 47512 47512 7110 7110 12983 12983 56597 56597 -967 -967 23026 23026 57509 57509 44803 44803 56811 56811 70242 70242 14496 14496 FEDERAL INCOME TAXES 8773 8773 EDUCATIONAL EXPENSES 150003 150003 BANK CHARGES 56917 56917 EQUIPMENT RENTAL/MAINTE 44112 44112 166544 166544 1547198 1547198 0 0 49160 61828 525305 440867 38044 26660 37187 46067 48057 29253 2342378 966697 1387282 1375681 12630 7906 1324929 1232001 471747 575152 3894341 3795415 54740 46971 355044 379597 219895 216329 629679 642897 X 3264662 3152518 3264662 3152518 3894341 3795415 -112144 0 X 0 0 0 7975 0 0 1 742182 7975 -69341 -61366 7422 -68788 PART I-A, LINE 1: POLITICAL AFFAIRS AND GOVERNMENT AFFAIRS FUND EXPENDITURES 460300 460300 1619673 790122 829551 250830 169800 81030 11575 6775 4800 1375681 MUTUAL FUNDS 1232001 F 1232001 DEPOSITS 13415 INVESTMENT IN NNRMLS 561640 DIVIDENDS RECEIVABLE 97 575152 2413 PROFIT SHARING CONTRIBUTION PAYABLE 21841 STATE AND NATIONAL DUES PAYABLE 166131 LOST ACTIVE KEYS 16835 SALES TAX PAYABLE 422 RSARPAC LIABILITY 7445 OTHER 1242 216329 X 1677375 242321 242321 1435054 0 1435054 1789519 242321 242321 1547198 0 1547198 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, 2017 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, 2017, THE ASSOCIATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED IN REVENUE ON FORM 990 24,334. FUNDRAISING EXPENSES NETTED IN REVENUE ON FORM 990 51,416. COST OF GOODS SOLD NETTED IN REVENUE ON FORM 990 166,155. ADVERTISING EXPENSES NETTED IN REVENUE ON FORM 990 416. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED IN REVENUE ON FORM 990 24,334. FUNDRAISING EXPENSES NETTED IN REVENUE ON FORM 990 51,416. COST OF GOODS SOLD NETTED IN REVENUE ON FORM 990 166,155. ADVERTISING EXPENSES NETTED IN REVENUE ON FORM 990 416. INSTALLATION BANQUET 26014 26014 21858 HABITAT FOR HUMANITY 22669 22669 22808 1 7077 7077 6750 55760 55760 51416 51416 4344 X X X 0 0 0 CHERIE WILLIAMS CHIEF EXECUTIVE OFFICER 153996 0 0 0 0 0 0 0 0 0 153996 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 JANITORIAL: PROGRAM SERVICE EXPENSES 30,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,631. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 24,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,631. TAXES AND LICENCES: PROGRAM SERVICE EXPENSES 23,319. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,319. UTILITIES: PROGRAM SERVICE EXPENSES 19,478. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,478. STOP TRUCKEE RIVER FLOOD COALITION: PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. CONTRIBUTIONS AND DONATIONS: PROGRAM SERVICE EXPENSES 9,412. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,412. TELEPHONE: PROGRAM SERVICE EXPENSES 8,812. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,812. LOBBYING EXPENSES: PROGRAM SERVICE EXPENSES 7,975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,975. VACATION HOME RENTAL STUDY: PROGRAM SERVICE EXPENSES 7,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,000. AUTO EXPENSES: PROGRAM SERVICE EXPENSES 6,571. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,571. CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 6,140. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,140. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 4,074. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,074. MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 3,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,631. BAD DEBT: PROGRAM SERVICE EXPENSES 3,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,324. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 952. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 952. PRINTING: PROGRAM SERVICE EXPENSES 594. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 594.