2017-02-10T11:19:10-06:00 2016-09-30 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2015-10-01 390782674 Wisconsin REALTORS Association Inc WISC 6082412047 4801 Forest Run Road Madison WI 53704 MICHAEL THEO PRESIDENT & CEO 6082412047 2017-02-07 1 Douglas Berry P00540951 6088318181 2017-02-02 2015 2021-01-29 14:40:06Z MICHAEL THEO 4801 FOREST RUN RD MADISON WI 53704 6577836 0 X www.wra.org X 1909 WI TO PROMOTE THE ADVANCEMENT OF REAL ESTATE IN WISCONSIN AND PROVIDE CUTTING EDGE TOOLS TO HELP REALTORS ENJOY A SUCCESSFUL CAREER AND BE COMPETITIVE IN THEIR MARKET. 33 33 43 190 53460 0 70200 2500 5840639 6042622 232306 189697 49820 49817 6192965 6284636 0 0 0 0 2681153 2749880 0 0 0 2942151 2869735 5623304 5619615 569661 665021 9008104 9972294 1432296 1543567 7575808 8428727 X TO UNITE LOCAL BOARDS OF REALTORS AND INDIVIDUALS IN THE STATE OF WISCONSIN FOR THE PURPOSE OF SERVING ITS MEMBERS BY FURNISHING PROGRAMS AND SERVICES THAT PROMOTE AN ENVIRONMENT IN WHICH ITS MEMBERS MAY SUCCESSFULLY CONDUCT THEIR INDIVIDUAL BUSINESS WHILE SERVING THEIR CLIENTS AND THE PUBLIC WITH THE HIGHEST DEGREE OF PROFESSIONALISM; AND THROUGH COOPERATIVE ACTION, PRESERVE AND ENHANCE THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY. 0 0 PROFESSIONAL DEVELOPMENT: EXPENSES INCURRED TO PROVIDE INFORMATION, EDUCATION AND TRAINING RELATED TO REAL ESTATE LICENSE LAW, DESIGNATIONS, CONVENTIONS, LEGAL UPDATES, FORMS AND MEMBER SERVICES. LEGAL SERVICES/PUBLIC AFFAIRS: EXPENSES INCURRED TO PROVIDE SERVICES FOR LEGISLATIVE ADVOCACY, HOUSING STATISTICS, REAL ESTATE MARKET RESEARCH, EXTERNAL MEDIA ACTIVITIES, INFORMATION, PRODUCTS AND LOBBYING SERVICES RELATED TO LICENSE LAW, PROFESSIONAL STANDARDS, FAIR HOUSING, AND REAL ESTATE PRACTICE. COMMUNICATIONS: EXPENSES INCURRED TO PROVIDE TECHNICAL AND CREATIVE SUPPORT FOR THE ASSOCIATION'S COMMUNICATION AND PROMOTION OBJECTIVES TO MEMBERS AND NONMEMBERS. PRIVATE PROPERTY ACTION FUND: AS PART OF THE ASSOCIATION'S PUBLIC POLICY ACTIVITIES, EXPENSES INCURRED FOR PUBLIC OPINION RESEARCH, MEMBER MOBILIZATION, AND GRASSROOTS LOBBYING COMMUNICATIONS. LEADERSHIP PROGRAM AND PLANNING: EXPENSES INCURRED TO FUND VOLUNTEER ELECTED LEADERSHIP RESPONSIBILITIES AND MANAGEMENT TO SET POLICY FOR THE ORGANIZATION. COSTS INCLUDE,MANAGEMENT OF THE ASSOCIATION, STRATEGIC/LONG TERM PLANNING, NOMINATIONS OF LEADERS AND NATIONAL CHAPTER LIAISON FUNCTIONS. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 48 0 43 1 1 1 0 0 0 1 1 0 X 33 33 1 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X WISCONSIN REALTORS ASSOC INC 6082412047 4801 FOREST RUN RD MADISON WI 53704 BOWE MARY JO REGIONAL COMPANY DIRECTOR 0.60 X 0 0 0 CAMPSHURE DIANE REGIONA-REP. DIRECTOR 0.60 X 0 0 0 CLARKE JULIE REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 COLE SARAH REGIONA - REP. DIRECTOR 0.60 X 0 0 0 DEVINCENTIS CHRISTOPHER REGIONAL COMPANY DIRECTOR 0.60 X 0 0 0 DIDIER MICHAEL REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 DUFF MARY REGIONAL COMPANY DIRECTOR 0.60 X 0 0 0 FLOR JOHN PAST PRESIDENT DIRECTOR 0.60 0.10 X 275 0 0 GERKE-EDWARDS CINDY REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 HEYERDAHL SCOTT REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 HILGENBERG TERRY PAST PRESIDENT DIRECTOR 0.60 X 0 0 0 HORNING JOHN STATEWIDE COMPANY DIRECTOR 0.60 X 0 0 0 IMHOFF JIM STATEWIDE COMPANY DIRECTOR 0.60 X 0 0 0 KASTER PATRICIA EXECUTIVE COMMITTEE 1.30 0.10 X 0 0 0 LARSON SHARI REGIONAL COMPANY DIRECTOR 0.60 X 0 0 0 LOGAN LAURIE REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 LYONS JERRY REGIONAL - REP. DIRECTOR 0.60 0.10 X 0 0 0 MAURER KC CHAIRMAN OF THE BOARD 3.30 0.10 X X 1305 0 0 MCKILLIP KEVIN EXECUTIVE COMMITTEE 1.30 X 71 0 0 NUDO ANTHONY EXECUTIVE COMMITTEE 1.30 X 0 0 0 PALS KATHY REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 PROCTER ROBERT OUTSIDE DIRECTOR 0.60 X 0 0 0 RIVARD BENJAMIN REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 ROESSLER MIKE REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 ROHDE JOHN REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 RYBARCZYK ROB REGIONAL - REP. DIRECTOR 0.60 X 0 0 0 SEWELL MICHAEL REGIONAL COMPANY DIRECTOR 0.60 X 0 0 0 SJOWALL ERIK CHAIRMAN OF THE BOARD - ELECT 3.30 0.10 X X 338 0 0 STEFANIAK JEAN EXECUTIVE COMMITTEE 1.30 0.10 X 71 0 0 STRICK MIKE OUTSIDE DIRECTOR 0.60 X 0 0 0 SVEUM PETER TREASURER 3.30 0.10 X X 0 0 0 THEO MICHAEL PRESIDENT & CEO 37.50 0.20 X X 301414 0 27407 WELSH SCOTT OUTSIDE DIRECTOR 0.60 X 0 0 0 KRUSE DANIEL PAST PRESIDENT DIRECTOR 0.60 0.10 X 0 0 0 Lamont CORI M Director of Corporate and Regulatory Affairs 37.50 X 122866 0 15921 Larson THOMAS D Senior VP Legal and Public Affairs 37.50 X 243479 0 18540 Lloyd DEBRA P Senior Attorney and Director of Legal Affairs 37.50 X 109727 0 17776 Murray EARL J Director of Political and Governmental Affairs 37.50 X 112777 0 6390 Lehmann RONALD VP Operations 37.50 X 111095 0 6660 1003418 0 92694 7 0 1 0 ADVANCED SOLUTIONS INTERNATIONAL INC PO BOX 62458 BALTIMORE MD 21264 SOFTWARE MAINTENANCE 127381 ROYLE PRINTING CO PO BOX 750 SUN PRAIRIE WI 53590 PRINTING SERVICES 105079 2 2500 2500 MEMBERSHIP DUES 900099 3538390 3538390 EDUCATIONAL SERVICES 900099 2292994 2292994 COMMUNICATIONS 900099 54326 866 53460 SECTION FEES 900099 36979 36979 LEGAL SERVICES/PUBLIC 900099 2972 2972 116961 116961 6042622 92016 92016 49817 0 49817 49817 49817 390881 284730 8470 106151 -8470 97681 97681 6284636 5989162 53460 239514 X 365305 1897914 115824 212789 158048 109969 6745 85421 57259 143628 200923 19948 132237 ALLOCATION OF INDIRECT -2420028 EDUCATIONAL PROGRAMS 1574997 LEGAL SERVICES/PUBLIC A 1404557 LEADERSHIP PROGRAM & PL 596182 957897 5619615 385 385 2292866 2934359 58700 55128 98201 106142 236544 191718 2812565 1556530 1205735 1256035 4297711 4436677 817962 991850 9008104 9972294 587949 554284 56527 69541 787820 919742 1432296 1543567 X 7575808 8428727 7575808 8428727 9008104 9972294 665021 187898 0 X 0 1 X 1 0 2521 2521 2521 1 0 0 0 3538390 409388 409388 743062 -333674 Part I-A, Line 1: ASSOCIATION SPONSORS AND ADMINISTERS A CONNECTED PAC, CONDUCTS CANDIDATE INTERVIEWS, MAKES CANDIDATE ENDORSEMENTS AND COMMUNICATES WITH ITS MEMBERS AND MAGAZINE SUBSCRIBERS ON THOSE ENDORSEMENTS. 301517 301517 1341238 681415 659823 90000 46098 43902 1079810 829017 250793 1256035 ART WORK 9000 DEFERRED COMPENSATION ASSETS 511287 DIRECT GIVER PROGRAM 403502 WEBSITE AND SOFTWARE DEVELOPMENT COSTS, NET 45702 ASSETS UNDER OPERATING LEASE 10884 INTEREST RECEIVABLE 11475 991850 DEFERRED COMPENSATION 511287 DIRECT GIVER PROGRAM 403502 CAPITAL LEASE OBLIGATION 4953 919742 X X 0 1 X X X 0 0 0 THEO MICHAEL PRESIDENT & CEO 236718 0 25764 0 38932 0 23851 0 3556 0 328821 0 0 0 Larson THOMAS D Senior VP Legal and Public Affairs 216250 0 5601 0 21628 0 18540 0 0 0 262019 0 0 0 Part I, Line 1a 1. TRAVEL FOR COMPANIONS: RECEIVED BY THE PRESIDENT & CEO. THIS BENEFIT IS TREATED AS TAXABLE COMPENSATION. 2. SOCIAL CLUB DUES OR INITIATION FEES: RECEIVED BY THE HIGHEST COMPENSATED EMPLOYEE AND PRESIDENT & CEO. THE HEALTH CLUB BENEFIT AND PERSONAL USE PORTION OF THE SOCIAL CLUB BENEFIT ARE TREATED AS TAXABLE COMPENSATION. Part I, Line 1b AUTHORIZATION IS ANNUALLY APPROVED AS PART OF THE BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section A, line 2 DAN KRUSE AND MIKE ROESSLER HAVE A BUSINESS RELATIONSHIP. JULIE CLARKE AND DIANE CAMPSHURE HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section A, line 4 The bylaws were modified to more explicitly clarify if a Regional Representative Director's company combines with a Statewide or Regional Company or the Director exclusively becomes affiliated, engaged or otherwise associated with the Statewide or Regional Company that the Director's position is terminated immediately. In any other circumstance, the Board determines if the Regional Representative retains their Director position. Additionally, the bylaws were modified to create a director position of a person seeking the National Association of REALTORS (NAR) Presidency. Form 990, Part VI, Section A, line 6 THE ASSOCIATION HAS MEMBERS FROM WI WITH THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANACE. THE MEMBERS OF THE ASSOCIATION CONSIST OF SIX CLASSES: (1) MEMBER BOARDS, (2) BOARD MEMBERS, (3) INDIVIDUAL MEMBERS, (4) INSTITUTE AFFILIATE MEMBERS, (5) AFFILIATE MEMBERS, (6) HONORARY MEMBERS. BOARD MEMBERS AND INDIVIDUAL MEMBERS SHALL BE ACTIVE MEMBERS OF THE ASSOCIATION. Form 990, Part VI, Section A, line 7a The statewide company directors and the regional company directors are chosen by the company as defined in the organization's by-laws. The regional representative directors are chosen by the nominating committee. The nominating committee also confirms that an individual is actively running for NAR presidency candidate director. Both the regional representative and NAR presidency candidate are approved/elected by the board of directors. The past chairman of the board (or past president director) (3) are selected by the past chairman council. The at-large outside directors are chosen by the chairman. Form 990, Part VI, Section B, line 11 THE OFFICERS, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS REVIEW THE AUDITED FINANCIAL STATEMENTS. MANAGEMENT, INCLUDING THE PRESIDENT, REVIEW THE 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. MANAGEMENT E-MAILS THE 990 TO THE BOARD OF DIRECTORS AND THEY ARE GIVEN 5 DAYS TO REVIEW THE FORM BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Section B, line 12c ANNUALLY, ALL THE MEMBERS OF CERTAIN COMMITTEES AND THE BOARD, INCLUDING OFFICERS, ARE REQUIRED TO SIGN A FORM TO DISCLOSE ALL CONFLICTS OF INTEREST. THE SIGNED FORMS ARE KEPT AT THE ASSOCIATION'S OFFICE. IN ADDITION, AT THE BEGINNING OF EACH MEETING THE CHAIRMAN ASKS THE MEMBERS IF THEY HAVE ANY CONFLICTS WITH ITEMS ON THE PROPOSED AGENDA. Form 990, Part VI, Section B, line 15 RESULTS OF THE LOCAL AREA TRADE ASSOCIATION SALARY SURVEY IS USED (THE SURVEY IS CONDUCTED PERIODICALLY). RESULTS FROM THE WSAE SALARY SURVEY IS USED WHICH WAS PUBLISHED IN THE WSAE 2013 ASSOCIATION COMPENSATION & BENEFITS STUDY. OFFICERS REVIEW AND APPROVE ALL STAFF SALARIES (AS AN AGGREGATE AND NOT INDIVIDUALLY) AS PART OF THE BUDGET PROCESS NOT IN SEPARATE ACTION/REVIEW, INCLUDING THE PRESIDENT. THE PRESIDENT'S SALARY, PERFORMANCE AND CONTRACT ARE REVIEWED SEPARATELY BY THE OFFICERS ANNUALLY. Form 990, Part VI, Section C, line 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC Form 990, Part IX, line 24e COMMUNICATIONS 510,117. PRIVATE PROPERTY ACTION FUND 286,143. LEGAL ACTION FUND 121,978. R&D FUND 32,742. MISC EXPENSES 6,917. WISCONSIN REALTORS FOUNDATION 4801 FOREST RUN ROAD MADISON WI 53704 510195146 CHARITY WI 501(c)(3) Line 7 WISCONSIN REALTORS ASSOCIATION INC 0 WISCONSIN HOMEOWNERS ALLIANCE 4801 FOREST RUN ROAD MADISON WI 53704 202931469 ADVOCACY WI 501(c)(4) WISCONSIN REALTORS ASSOCIATION INC 1 REALTORS POLITICAL ACTION COMMITTEE - WI 4801 FOREST RUN ROAD MADISON WI 53704 237082147 PAC WI 527 N/A 0 WISCONSIN REALTORS POLITICAL FUND 4801 FOREST RUN ROAD MADISON WI 53704 460769544 POLITICAL WI 527 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 WISCONSIN HOMEOWNERS ALLIANCE L 1034740 WHA BOD WISCONSIN HOMEOWNERS ALLIANCE S 445000 NET CASH TRANSFER SCHEDULE R, PART V, LINE 2 FURTHER EXPLANATION OF THE TRANSACTIONS WITH RELATED ORGANIZATIONS: INVESTMENTS OF WISCONSIN HOMEOWNERS ALLIANCE (WHA) ARE POOLED WITH THE INVESTMENTS HELD UNDER THE NAME OF WISCONSIN REALTORS ASSOCATION (WRA). THE POOLED INVESTMENTS AND RELATED INVESTMENT GAINS AND LOSSES ARE ALLOCATED TO WHA BASED ON A WEIGHTED AVERAGE OF THE COST BASIS INCLUDED IN THE INVESTMENT POOL. THE AMOUNT INVOLVED REPORTED ON LINE 2, ITEM 1S REPRESENTS THE NET TRANSFERS OF CASH THAT WHA DEPOSITED TO THE POOLED INVESTMENT FUND DURING THE FISCAL YEAR.