WEST AND SOUTHEAST REALTORS OF THE VALLEY INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WEST AND SOUTHEAST REALTORS OF THE VALLEY INC (EIN 86-0214078)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-15
- IRS object ID
- 202503209349301355
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-15T11:26:34-00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 822851604 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SECHLER MORGAN CPAS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2418 W BARROW DRIVE | AddressLine1Txt |
| City | CHANDLER | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860214078 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEST AND SOUTHEAST REALTORS OF THE VALLEY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 4804775882 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1733 EAST NORTHROP BLVD STE 1 | AddressLine1Txt |
| City | CHANDLER | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 852861829 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROGER NELSON | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4804775882 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KRISTINA MORGAN | PreparerPersonNm |
| PTIN | P01370742 | PTIN |
| Phone | 6022302700 | PhoneNum |
| Preparation | 2025-11-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESERV | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROGER NELSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1733 E NORTHROP BLVD | AddressLine1Txt |
| City | CHANDLER | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85286 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,299,190 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WESERV.REALTOR | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE SERVICES THAT LEAD TO MEMBER PROSPERITY UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION, PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT WITHIN THE PROFESSION, AND FURTHER THE INTERESTS OF PROPERTY OWNERSHIP | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 44 | TotalEmployeeCnt |
| Total Volunteers | 383 | TotalVolunteersCnt |
| Total Gross UBI | -$53,304 | TotalGrossUBIAmt |
| PY Contributions Grants | $243,797 | PYContributionsGrantsAmt |
| CY Contributions Grants | $38,656 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,133,354 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,716,112 | CYProgramServiceRevenueAmt |
| PY Investment Income | $320,883 | PYInvestmentIncomeAmt |
| CY Investment Income | $493,392 | CYInvestmentIncomeAmt |
| PY Other Revenue | $31,151 | PYOtherRevenueAmt |
| CY Other Revenue | -$75,092 | CYOtherRevenueAmt |
| PY Total Revenue | $4,729,185 | PYTotalRevenueAmt |
| CY Total Revenue | $5,173,068 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,139 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,769 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,877,258 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,749,379 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,106,906 | PYOtherExpensesAmt |
| CY Other Expenses | $1,824,048 | CYOtherExpensesAmt |
| PY Total Expenses | $4,987,303 | PYTotalExpensesAmt |
| CY Total Expenses | $4,576,196 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$258,118 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $596,872 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,786,375 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,740,023 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,406,011 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,721,260 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,380,364 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,018,763 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO SUPPORT MEMBERS THROUGH EDUCATION, PRODUCTS, AND SERVICES TO ENABLE MEMBERS TO ETHICALLY AND PROFESSIONALLY OPERATE THEIR BUSINESS. WE WILL FOSTER STRATEGIC ALLIANCES PROMOTING THE PRESERVATION OF PROPERTY RIGHTS, ADVOCATING RESPONSIBLE CITIZENSHIP, STRENGTHENING THE REALTOR IMAGE, AND BE A RESOURCE FOR INFORMATION AND EXPERTISE IN REAL ESTATE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | WESERV IS THE 6TH LARGEST LOCAL REALTOR ASSOCIATION IN THE UNITED STATES. WE PROVIDED PROFESSIONAL STANDARDS ENFORCEMENT, MEDIATION, OMBUDSMAN SERVICES, PROFESSIONAL DEVELOPMENT OPPORTUNITIES, AND CONDUCTED AND PROMOTED REALTOR SAFETY ACTIVITIES FOR OUR MEMBERS. WE UTILIZED THE MEMBERSHIP DUES TOWARDS PROVIDING CONTINUING EDUCATION AND PROFESSIONAL STANDARDS SERVICES TO OUR MEMBERS AS WELL AS OTHER BUSINESS-RELATED BENEFITS AT NO EXTRA COST. WE ALSO PUBLISHED CURRENT REAL ESTATE DATA TO OUR MEMBERS AND NEWS OUTLETS AND ENCOURAGED MEMBERS TO PARTICIPATE AND BE ADVOCATES FOR REAL ESTATE-RELATED ISSUES. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 44 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
| Phone | 4808337510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1733 EAST NORTHROP BLVD | AddressLine1Txt |
| City | CHANDLER | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 852861829 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| ROGER NELSON | |||||||
| CEO | 040.00 | Yes (X) | $352,032 | $0 | $57,534 | ||
| PAMELA FRESTEDT | |||||||
| COO | 040.00 | Yes (X) | $211,225 | $0 | $40,450 | ||
| MARIBEL GARCIA | |||||||
| VP TECHNOLOGY ASSET MANAGEMENT | 040.00 | $120,855 | $0 | $19,376 | Yes (X) | ||
| TONYA DESKINS | |||||||
| VP MEMBER SERVICES PROF. DEV. | 040.00 | $120,623 | $0 | $18,033 | Yes (X) | ||
| DONNA KING | |||||||
| VP FINANCE HUMAN RESOURCES | 040.00 | $127,633 | $0 | $8,464 | Yes (X) | ||
| KELLY M SORIANO | |||||||
| PRESIDENT | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SHARI WARD | |||||||
| PRESIDENT-ELECT | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CHRISTINE BAYER | |||||||
| VICE PRESIDENT | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SUSAN HERBER | |||||||
| TREASURER | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MICHAEL HOFSTETTER | |||||||
| IMMEDIATE PAST PRESIDENT | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ANGELA SEMRAD | |||||||
| REGIONAL VP | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JENNIFER MACLAY | |||||||
| REGIONAL VP | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MELISSA YOST-FUENTES | |||||||
| REGIONAL VP | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| NICKOLE SPARACIA | |||||||
| REGIONAL VP | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SABRINA CASON | |||||||
| REGIONAL VP | 000.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CHERIE ANN STALL | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| CONSTANCE PARIS | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| JEFFREY RASKIN | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| JOHN THEIS | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| M TERESA RUBIO-ACUNA | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| PAIGE GIBBONS | |||||||
| DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| ELIZABETH O'NEALL | |||||||
| AFFILIATE DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM PADEN | |||||||
| AFFILIATE DIRECTOR | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| BARBARA LEIDENHEIMER | |||||||
| DIRECTOR 03/06/24-12/31/24 | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| JULIE TATE | |||||||
| DIRECTOR 08/08/24-12/31/24 | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| LAYA GAVIN | |||||||
| DIRECTOR 01/01/24-10/30/24 | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| TRACY DUNCAN | |||||||
| DIRECTOR 01/01/24-08/31/24 | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| DEBORAH HAINES | |||||||
| DIRECTOR 01/01/24- 01/05/24 | 000.25 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $932,368 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $143,857 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLOUDIT LLC | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 E MADISON ST | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | IT SERVICES | ServicesDesc |
| Compensation | $115,265 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $38,656 | AllOtherContributionsAmt |
| Total Contributions | $38,656 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES | 531390 | $3,943,766 | $3,943,766 |
| APPLICATION, MEMBER, MLS FEES | 531390 | $465,690 | $465,690 |
| CLASS INCOME | 531390 | $174,669 | $174,669 |
| PROGRAM EVENT INCOME | 531390 | $85,965 | $85,965 |
| ARBITRATION MEDIATION SERVICES | 531390 | $45,250 | $45,250 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $772 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $772 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,716,112 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $450,139 | TotalRevenueColumnAmt |
| Exclusion | $450,139 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $270,528 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $459,658 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$189,130 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$189,130 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$47,076 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$53,379 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$88,675 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,401,392 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,358,139 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,253 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,253 | TotalRevenueColumnAmt |
| Exclusion | $43,253 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $422,288 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $308,325 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $113,963 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $113,963 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EMAIL ADVERTISING | Desc |
| Business | 541800 | BusinessCd |
| Total Revenue Column | $75 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $75 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $75 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,173,068 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,782,999 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$53,304 | UnrelatedBusinessRevenueAmt |
| Exclusion | $404,717 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,769 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,241 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,949 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,559,388 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,689 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,544 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,568 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,062 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,792 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,935 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,428 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,500 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,132 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,929 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,106 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,222 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,194 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,355 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,428 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,965 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BAD DEBT | Desc |
| Total | $28,000 | TotalAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,576,196 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,759 | BOYAmt |
| EOY | $525,856 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,192,073 | BOYAmt |
| EOY | $411,559 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,504 | BOYAmt |
| EOY | $26,141 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,447 | BOYAmt |
| EOY | $75,816 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,843 | BOYAmt |
| EOY | $119,875 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,738,704 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,820,659 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,259,526 | BOYAmt |
| EOY | $8,918,045 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,466,132 | BOYAmt |
| EOY | $5,522,976 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000 | BOYAmt |
| EOY | $2,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,091 | BOYAmt |
| EOY | $137,755 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,786,375 | BOYAmt |
| EOY | $15,740,023 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,332 | BOYAmt |
| EOY | $233,648 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,894,549 | BOYAmt |
| EOY | $1,572,123 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,422 | BOYAmt |
| EOY | $30,654 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,151,708 | BOYAmt |
| EOY | $3,884,835 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,406,011 | BOYAmt |
| EOY | $5,721,260 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,380,364 | BOYAmt |
| EOY | $10,018,763 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,380,364 | BOYAmt |
| EOY | $10,018,763 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,786,375 | BOYAmt |
| EOY | $15,740,023 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $596,872 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $41,527 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $133,382 | PoliticalExpendituresAmt |
| Volunteer Hours | 90 | VolunteerHoursCnt |
| Expended527 Activities | $133,382 | Expended527ActivitiesAmt |
| Total Exempt Function Expend | $133,382 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | false | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REALTORS OF ARIZONA POLITICAL ACTION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 E OSBORN RD STE 200 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860510833 | EIN |
| Contributions Rcvd Dlvr | $51,288 | ContributionsRcvdDlvrAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | Yes (true) | AgreeCarryoverPriorYearInd |
| Dues Assessments | $3,943,766 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $147,067 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | $24,284 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $171,351 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $220,851 | AggregateReportedDuesNtcAmt |
| Taxable | -$49,500 | TaxableAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | I-A 1 | FormAndLineReferenceDesc |
| Explanation | WESERV STAFF SUPPORTS THE REALTORS OF ARIZONA POLITICAL ACTION COMMITTEE RAPAC BY HOSTING THE RAPACS INFORMATIONAL WEBINARS, AND HOSTING FUNDRAISING EVENTS THAT RECOGNIZE RAPAC MEMBERSHIP. ALL WEBINARS AND EVENTS ARE FOR WESERV-ONLY- MEMBERS OR STAFF. ADDITIONALLY, WESERV ADMINISTRATIVE STAFF PROVIDE ACCOUNTING SUPPORT AND ADMINISTRATION OF RAPAC FUNDS. A HANDFUL OF WESERV MEMBERS PAY THEIR CONSOLIDATED WESERV DUES AND RAPAC CONTRIBUTIONS WITH CHECKS. THE RAPAC CONTRIBUTIONS ARE IMMEDIATELY SEGREGATED FROM THE WESERV DUES AND SUBMITTED TO RAPAC IN A TIMELY MANNER. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (true) | AgentTrusteeEtcInd |
| Beginning Balance | $7,422 | BeginningBalanceAmt |
| Additions During Year | $233,783 | AdditionsDuringYearAmt |
| Distributions During Year | $210,551 | DistributionsDuringYearAmt |
| Ending Balance | $30,654 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,549,909 | BeginningYearBalanceAmt |
| Contributions | $438,144 | ContributionsAmt |
| Other Expenditures | $153,358 | OtherExpendituresAmt |
| End Year Balance | $3,834,695 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,658,625 | BeginningYearBalanceAmt |
| Contributions | $578,416 | ContributionsAmt |
| Other Expenditures | $687,132 | OtherExpendituresAmt |
| End Year Balance | $3,549,909 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,010,444 | BeginningYearBalanceAmt |
| Contributions | $237,890 | ContributionsAmt |
| Other Expenditures | $589,709 | OtherExpendituresAmt |
| End Year Balance | $3,658,625 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,782,657 | BeginningYearBalanceAmt |
| Contributions | $577,307 | ContributionsAmt |
| Other Expenditures | $349,520 | OtherExpendituresAmt |
| End Year Balance | $4,010,444 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $3,782,657 | ContributionsAmt |
| End Year Balance | $3,782,657 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,590,384 | OtherCostOrOtherBasisAmt |
| Book Value | $1,590,384 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,753,006 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,587,395 | DepreciationAmt |
| Book Value | $7,165,611 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,395,314 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,233,264 | DepreciationAmt |
| Book Value | $162,050 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,918,045 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal income taxes | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,653,907 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $41,527 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $468,231 | OtherRevenueAmt |
| Revenue Not Reported | $509,758 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,144,149 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $20,935 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $20,935 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,165,084 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,015,508 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $468,231 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $468,231 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,547,277 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $20,935 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $20,935 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,568,212 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| V 4 | FUNDS HAVE BEEN DESIGNATED BY THE BOARD OF DIRECTORS FOR THE FOLLOWING PURPOSES - OPERATING RESERVE, CAPITAL PURCHASES AND REPAIRS, TECHNOLOGY FUND, BUILDING, LEGAL, ISSUES MOBILIZATION, EVENTS FUND, AND COCHISE COUNTY CHAPTER OPERATIONS. |
| X 2 | MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| XI 2d | RENTAL EXPENSES WERE RECLASSIFIED TO RENTAL INCOME. MISC AWARDS/REBATES GENERATED FROM SPENDING WERE RECLASSIFIED TO OFFICE EXPENSE. |
| XII 2d | RENTAL EXPENSES WERE RECLASSIFIED TO RENTAL INCOME. MISC AWARDS/REBATES GENERATED FROM SPENDING WERE RECLASSIFIED TO OFFICE EXPENSE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| ROGER NELSON | |||||
| CEO | $337,032 | $15,000 | $13,800 | $43,734 | $409,566 |
| PAMELA FRESTEDT | |||||
| COO | $199,110 | $12,115 | $8,505 | $31,945 | $251,675 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KOLTER NELSON | |||
| FAMILY OF CEO | $34,647 | WAGES BENEFITS | false |
| PARKER NELSON | |||
| FAMILY OF CEO | $87,302 | WAGES BENEFITS | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 6 | WESERV HAS THE FOLLOWING MEMBERSHIP CLASSES 1 INDIVIDUALS WHO ARE ENGAGED ACTIVELY IN THE REAL ESTATE PROFESSION AND WHO MAINTAIN OR ARE ASSOCIATED WITH AN ESTABLISHED REAL ESTATE OFFICE IN THE STATE OF ARIZONA, 2 INDIVIDUALS WHO ARE ENGAGED IN THE REAL ESTATE PROFESSION OTHER THAN AS SOLE PROPRIETORS, CORPORATE OFFICERS, OR BRANCH OFFICER MANAGERS AND MEET THE QUALIFICATIONS AS A REALTOR MEMBER, 3 FRANCHISE REALTOR MEMBERSHIP, 4 PRIMARY AND SECONDARY REALTOR MEMBERS, INDIVIDUALS FOR WHO THE ASSOCIATION PAYS STATE AND NATIONAL DUES BASED ON THE MEMBER, 5 DESIGNATED REALTOR MEMBER, AN INDIVIDUAL DESIGNATED BY EACH FIRM OR OFFICE IN THE CASE OF FIRMS WITH MULTIPLE OFFICE LOCATIONS, WHO IS RESPONSIBLE FOR ALL DUTIES AND OBLIGATIONS OF MEMBERSHIP TO THE ORGANIZATION, 6 INSTITUTE AFFILIATE MEMBERS, INDIVIDUALS WHO HOLD A PROFESSIONAL DESIGNATION AWARDED BY THE INSTITUTE, 7 AFFILIATE MEMBERS, REAL ESTATE OWNERS AND OTHER INDIVIDUALS OR FIRMS, WHILE NOT ENGAGED IN THE REAL ESTATE PROFESSION, HAVE INTERESTS REQUIRING INFORMATION CONCERNING REAL ESTATE, 8 HONORARY MEMBERS, INDIVIDUALS NOT ENGAGED IN REAL ESTATE BUT WHO HAVE PERFORMED NOTABLE SERVICE FOR THE REAL ESTATE PROFESSION, 9 STUDENT MEMBERS, INDIVIDUALS SEEKING AN UNDERGRADUATE OR GRADUATE DEGREE WITH A SPECIALIZATION OR MAJOR IN REAL ESTATE AT INSTITUTIONS OF HIGHER LEARNING AND WHO HAVE COMPLETED AT LEAST TWO YEARS OF COLLEGE AND AT LEAST ONE COLLEGE LEVEL COURSE IN REAL ESTATE BUT ARE NOT ENGAGED IN THE REAL ESTATE PROFESSION ON THEIR OWN ACCOUNT, 10 LIFE MEMBERS, FOR THOSE INDIVIDUALS WHO HAVE HELD CONTINUOUS ACTIVE MEMBERSHIP IN THE ASSOCIATION AT LEAST 25 YEARS AND HAVE GIVEN DISTINGUISHED SERVICE TO THE ASSOCIATION, 11 MEMBER AFFILIATE MEMBERS, FOR THOSE INDIVIDUALS WHO HOLD EITHER DESIGNATED REALTOR OR REALTOR MEMBERSHIP IN THE ASSOCIATION AND HAVE REAL ESTATE RELATED BUSINESSES MEMBER AFFILIATE MEMEBERSHIP IS HELD INDIVIDUALLY FOR THAT SPECIFIC RELATED BUSINESS. ANY REALTOR MEMBER WHO MARKETS REAL ESTATE PRODUCTS OR SERVICES IN ADDITION TO THEIR REAL ESTATE BUSINESS, SUCH AS SIGN PLACEMENT SERVICE, REAL ESTATE SCHOOLS, CARPET CLEANING, ETC ARE QUALIFIED FOR MEMBERSHIP, 12 AFFILIATE APPRAISER MEMBERS, FOR THOSE INDIVIDUALS WHO ARE ACTIVELY ENGAGED IN APPRAISING FOR OTHERS FOR COMPENSATION, WHO DO NOT ELECT TO HOLD REALTOR MEMBERSHIP IN THE ASSOCIATION, PROVIDED THE APPLICANT IS ENGAGED EXCLUSIVELY IN THIS SPECIALTY OF THE REAL ESTATE BUSINESS, AND 13 PUBLIC SERVICE MEMBERS INTERESTED IN THE PROFESSION AND AFFILIATED WITH EDUCATIONAL, PUBLIC UTILITY, GOVERNMENTAL OR SIMILAR ORGANIZATIONS. HONORARY, STUDENT, AND LIFETIME MEMBERS ARE NON-VOTING MEMBERS. |
| Form 990, Part VI, Section A, Line 7a | MEMBERS IN GOOD STANDING ARE ELIGIBLE TO VOTE ON THE ORGANIZATIONS OFFICERS AND DIRECTORS. |
| Form 990, Part VI, Section A, Line 7b | AMENDMENTS TO THE ORGANIZATIONS BYLAWS REQUIRE APPROVAL FROM THE MEMBERSHIP BODY. |
| Form 990, Part VI, Section B, Line 11b | THE CEO AND THE VP OF FINANCE REVIEW THE RETURN IN DETAIL PRIOR TO THE RETURN BEING FILED. AFTER REVIEW, AND ANY NEEDED ADJUSTMENTS, THE FULL FINAL VERSION OF THE RETURN IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW. |
| Form 990, Part VI, Section B, Line 12c | AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. ADDITIONALLY, IF A COMMITTEE/DIRECTOR MEMBER IS BELIEVED TO HAVE AN UNDISCLOSED CONFLICT OF INTEREST, A FIVE 5 PERSON PANEL FROM THE PROFESSIONAL STANDARDS COMMITTEE SHALL BE CONVENED UNDER THE POLICIES OF THE ETHICS HEARING AND A DECISION SHALL BE RENDERED TO THE BOARD OF DIRECTORS ABSENT THE ACCUSED. THE PANEL IS ALLOWED TO IMPOSE ALL OF THE PENALTIES WITHIN THE JURISDICTION OF THE PROFESSIONAL STANDARDS COMMITTEES PROCEDURES AS WELL AS TO RECOMMEND REMOVAL FROM TRUSTEESHIP, OF THE PERSON FOUND TO HAVE VIOLATED THE CONFLICT OF INTEREST POLICY. THE DIRECTORS SHALL BE REQUIRED TO RATIFY THE PENALTY BY A MAJORITY VOTE. IF THE DIRECTORS ARE UNABLE TO RATIFY THE ACTIONS BY MAJORITY VOTE, ALL CHARGES AGAINST THE INDIVIDUAL SHALL BE DROPPED. |
| Form 990, Part VI, Section B, Line 15 a b | THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. THE BOARD MAY RELY UPON SALARY STUDIES, AS WELL AS DATA REGARDING COMPENSATION PAID BY AT LEAST THREE SPECIFIC PEER ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE REASONABLE COMPENSATION. THE TERMS OF SUCH COMPENSATION, INFORMATION RELIED UPON TO DETERMINE THE TERMS OF ANY COMPENSATION, AND ITS SOURCE SHALL BE RECORDED IN WRITING. AN INDIVIDUAL WHO IS A VOTING MEMBER OF THE BOARD OR A COMMITTEE WITH THE BOARD DELEGATED POWERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE FOUNDATION FOR SERVICES IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION. |
| Form 990, Part VI, Section C, Line 19 | THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. MEMBERS HAVE ACCESS THROUGH THE ORGANIZATIONS WEBSITE TO THE ORGANIZATONS BYLAWS, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING POLICIES OF THE ORGANIZATION. |
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