RESIDENTIAL REAL ESTATE COUNCIL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RESIDENTIAL REAL ESTATE COUNCIL (EIN 36-4470215)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202533169349307098
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

FieldValueIRS element (for citing)
Return2025-11-12T15:59:40-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Line12021 SPRING ROAD SUITE 200AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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 4TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF HORNBERGERPersonNm
Person TitleCEOPersonTitleTxt
Phone3123214400PhoneNum
Signature2025-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHURE ROSS CPAPreparerPersonNm
PTINP00577278PTIN
Phone6305738600PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFF HORNBERGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MICHIGAN AVE 4TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$19,136,094GrossReceiptsAmt
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 (RRC) IS COMMITTED TO THE SUCCESS OF ITS MEMBERS THROUGH EDUCATION, LEADERSHIP DEVELOPMENT, REFERRALS, NETWORKING OPPORTUNITIES, AND BUSINESS RESOURCES.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee29TotalEmployeeCnt
Total Volunteers357TotalVolunteersCnt
Total Gross UBI$149,864TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$18,717NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$6,939,049PYProgramServiceRevenueAmt
CY Program Service Revenue$6,307,533CYProgramServiceRevenueAmt
PY Investment Income$837,516PYInvestmentIncomeAmt
CY Investment Income$2,323,300CYInvestmentIncomeAmt
PY Other Revenue$31,061PYOtherRevenueAmt
CY Other Revenue$8,812CYOtherRevenueAmt
PY Total Revenue$7,807,626PYTotalRevenueAmt
CY Total Revenue$8,639,645CYTotalRevenueAmt
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$3,584,449PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,326,322CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,414,966PYOtherExpensesAmt
CY Other Expenses$5,588,922CYOtherExpensesAmt
PY Total Expenses$8,999,415PYTotalExpensesAmt
CY Total Expenses$8,915,244CYTotalExpensesAmt
PY Revenues Less Expenses-$1,191,789PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$275,599CYRevenuesLessExpensesAmt
Total Assets BOY$23,190,772TotalAssetsBOYAmt
Total Assets EOY$22,618,730TotalAssetsEOYAmt
Total Liabilities BOY$8,189,701TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,785,177TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,001,071NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,833,553NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE RESIDENTIAL REAL ESTATE COUNCIL (RRC) IS COMMITTED TO THE SUCCESS OF ITS MEMBERS THROUGH EDUCATION, LEADERSHIP DEVELOPMENT, REFERRALS, NETWORKING OPPORTUNITIES, AND BUSINESS RESOURCES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescRRC PROVIDES APPROXIMATELY 21,000 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, 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 2024, RRC HOSTED 105 CLASSES WITH 2,513 REAL ESTATE AGENTS ATTENDING. ADDITIONALLY, WE HOSTED 53 WEBINARS THROUGHOUT THE YEAR, 15 WERE COMPLIMENTARY TO MEMBERS. 2,266 E-LEARNING COURSES WERE PURCHASED. 58% OF THESE CERTIFICATES WERE PURCHASED WITH AN ASYNCHRONOUS LEARNING FORMAT, AND THE OTHER 42% IN A SYNCHRONOUS FORMAT.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, 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 Document39IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee29EmployeeCnt
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 Member8IndependentVotingMemberCnt
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-JEFF HORNBERGER CEOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123214444PhoneNum

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 CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
TRICIA NEKOTA
PRESIDENT3.50Yes (X)Yes (X)$40,000$0$0
VIVIAN MACIAS
PRESIDENT-ELECT3.50Yes (X)Yes (X)$10,000$0$0
HOLLI WOODWARD
IMMEDIATE PAST PRESIDENT3.50Yes (X)Yes (X)$0$0$0
DEBRA BEAGLE
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
ELLIS GARDNER
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
MARK GORDON
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
TONYA THOMSEN
AT-LARGE DIRECTOR0.50Yes (X)$0$0$0
BRYAN HUGHES
EXTERNAL0.50Yes (X)$3,000$0$0
TERESA PITT
FIRST VICE PRESIDENT3.50Yes (X)Yes (X)$0$0$0
JEFF HORNEBERGER
CEO35.00Yes (X)$390,000$0$56,417
URSZULA STANKIEWICZ
CONTROLLER35.00Yes (X)$124,912$0$27,566
COLLEEN MCMAHON
CHIEF MEMBER & VOLUNTEER SERVICES35.00$158,894$0$31,090Yes (X)
MELISSA BURKHOLDER
VP PROFESSIONAL DEVELOPMENT35.00$132,132$0$28,357Yes (X)
BOB NITEKMAN
VP OF IT35.00$148,820$0$30,048Yes (X)
CHERE LAROSE
VP MARKETING & COMMUNICATION35.00$188,717$0$34,009Yes (X)
DANWEI ZHANG-RAZ
DIRECTOR OF PEOPLE & CULTURE35.00$106,177$0$25,470Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,302,652TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$232,957TotalOtherCompensationAmt
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 MEDIAUNLOCK
1 W HARRIS AVE SUITE 2CLA GRANGEIL60525PRINTING$415,628
SIEENA INC
600 B STREET SUITE 300SAN DIEGOCA92101IT SERVICES$292,603
CAESARS ENTERTAINMENT
ONE CAESAR PALACE DRIVELAS VEGASNV89109HOSPITALITY AND LODGING$250,060
INTERCONTINENTAL BOSTON
510 ATLANTIC AVENUEBOSTONMA02210HOSPITALITY AND LODGING$195,286
MICROSOFT CORPORATION
ONE MICROSOFT WAYREDMONDWA98052IT SERVICES$156,649
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES900099$4,320,805$4,320,805
EDUCATION COURSES AND MEETINGS900099$1,248,963$1,248,963
ADVERTISING AND SUBSCRIPTIONS541800$664,515$514,651$149,864
SPONSORSHIP REVENUE900099$73,250$73,250
FieldValueIRS element (for citing)
Total Program Service Revenue$6,307,533TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$568,701TotalRevenueColumnAmt
Exclusion$568,701ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,812TotalRevenueColumnAmt
Exclusion$8,812ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$12,251,048SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,496,449SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,754,599SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,754,599TotalRevenueColumnAmt
Exclusion$1,754,599ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,639,645TotalRevenueColumnAmt
Related Or Exempt Func Income$6,157,669RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$149,864UnrelatedBusinessRevenueAmt
Exclusion$2,332,112ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$598,895TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,139,669TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$100,068TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$282,351TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$205,339TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$39,018TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$153,822TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$127,286TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$989,844TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$135,987TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$761,123TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$506,855TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$671,117TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$547,801TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$688,433TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$176,392TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$307,402TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
CREDIT CARD FEES$160,655
MAINTENANCE AND REPAIRS$135,094
TAXES$61,490

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$126,603TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,915,244TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,804,469BOYAmt
EOY$1,914,053EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$427,032BOYAmt
EOY$215,983EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$171,408BOYAmt
EOY$72,732EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$307,585BOYAmt
EOY$401,530EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,456,681LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,139,235LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,561,839BOYAmt
EOY$1,317,446EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,854,929BOYAmt
EOY$17,852,103EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,063,510BOYAmt
EOY$844,883EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,190,772BOYAmt
EOY$22,618,730EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$646,149BOYAmt
EOY$591,543EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,292,892BOYAmt
EOY$3,085,327EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,609,907BOYAmt
EOY$2,810,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,640,753BOYAmt
EOY$1,298,307EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,189,701BOYAmt
EOY$7,785,177EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,001,071BOYAmt
EOY$14,833,553EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,001,071BOYAmt
EOY$14,833,553EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,190,772BOYAmt
EOY$22,618,730EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$275,599ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$108,081NetUnrlzdGainsLossesInvstAmt
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$1,196,079OtherCostOrOtherBasisAmt
Depreciation$615,661DepreciationAmt
Book Value$580,418BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$961,582OtherCostOrOtherBasisAmt
Depreciation$401,594DepreciationAmt
Book Value$559,988BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$299,020OtherCostOrOtherBasisAmt
Depreciation$121,980DepreciationAmt
Book Value$177,040BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,317,446TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$1,298,307Amt
FieldValueIRS element (for citing)
Total Liability$1,298,307TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,620,440TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$108,081NetUnrealizedGainsInvstAmt
Revenue Not Reported$108,081RevenueNotReportedAmt
Revenue Subtotal$8,512,359RevenueSubtotalAmt
Investment Expenses Not Incld$127,286InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$127,286RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,639,645TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,787,958TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,787,958ExpensesSubtotalAmt
Investment Expenses Not Incld2$127,286InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$127,286ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,915,244TotalExpensesPerForm990Amt

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, 2024.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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 (6 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
JEFF HORNEBERGER
CEO$390,000$0$0$0$0$0$39,957$0$16,460$0$446,417$0$0$0
CHERE LAROSE
VP MARKETING & COMMUNICATION$188,717$0$0$0$0$0$19,282$0$14,727$0$222,726$0$0$0
COLLEEN MCMAHON
CHIEF MEMBER & VOLUNTEER SERVICES$158,894$0$0$0$0$0$16,363$0$14,727$0$189,984$0$0$0
BOB NITEKMAN
VP OF IT$148,820$0$0$0$0$0$15,321$0$14,727$0$178,868$0$0$0
MELISSA BURKHOLDER
VP PROFESSIONAL DEVELOPMENT$132,132$0$0$0$0$0$13,630$0$14,727$0$160,489$0$0$0
URSZULA STANKIEWICZ
CONTROLLER$124,912$0$0$0$0$0$12,839$0$14,727$0$152,478$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE BOARD OF DIRECTORS SHALL CONSIST OF THE PRESIDENT, PRESIDENT ELECT, FIRST VICE PRESIDENT, IMMEDIATE PAST PRESIDENT, FOUR AT-LARGE MEMBERS, AND AN ELECTED OUTSIDE MEMBER. 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 CEO.
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 LATEST CEO REVIEW TOOK PLACE IN NOVEMBER 2024. 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 46,307. SPEAKER FEES 271,387. CONTRACTORS 23,592. CONSULTANTS 648,558.
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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