2022-09-15T12:36:56-04:00 2021-12-31 203430198 PALMER CURRIER & HOFFERT LLP 1714 N LINCOLN AVE STE 3 PIERRE SD 575017305 990 2021-01-01 466013254 SOUTH DAKOTA ASSOCIATION OF REALTORS INC SOUT 6052240554 PO BOX 1175 PIERRE SD 57501 MICHELLE KLEVEN EXECUTIVE VICE PRES. 6052240554 2022-09-12 true MICHELLE KLEVEN 999009999 SCOTT R CURRIER CPA P00430608 6052248826 2022-09-12 2021 2023-04-26 12:10:37Z MICHELLE KLEVEN 2302 PATRON PARKWAY PIERRE SD 57501 875802 false X SDREALTOR.ORG X 1981 SD THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE CONTINUING EDUCATION AND OTHER BENEFITS FOR REALTORS IN SOUTH DAKOTA. 55 55 3 625 609149 658614 137732 214836 4496 1120 1030 1232 752407 875802 0 0 224748 227910 0 0 287355 444424 512103 672334 240304 203468 2797051 3004733 1088104 1092318 1708947 1912415 X AS THE VOICE FOR REAL ESTATE, THE SOUTH DAKOTA ASSOCIATION OF REALTORS SERVES ITS LOCAL BOARDS AND ALL MEMBERS BY PROVIDING TIMELY INFORMATION, QUALITY EDUCATION, POLITICAL ADVOCACY AND PROMOTING THE REALTOR IMAGE AND CODE OF ETHICS. false false 266173 214836 TO UNITE REAL ESTATE LICENSEES IN THE STATE OF SOUTH DAKOTA TO PROMOTE HIGH STANDARDS OF CONDUCT AND ENCOURAGE CONTINUING EDUCATION AMONG MEMBERS. 266173 false false true true false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 12 0 3 true false false false false false false false false X 55 55 true false false false true true true true true false true true false true true true true true true false false X MICHELLE KLEVEN 6052240554 PO BOX 1175 PIERRE SD 57501 MICHELLE KLEVEN EXECUTIVE VI 40.00 X 115000 0 17772 STEVE ANDERSON DIRECTOR 1.00 X 0 0 0 AMY BOCHMAN DIRECTOR 1.00 X 0 0 0 CARTOR CARLSON DIRECTOR 1.00 X 0 0 0 JANEAN CAUGHERTY DIRECTOR 1.00 X 0 0 0 GAYLE CHAPEL DIRECTOR 1.00 X 0 0 0 KARLA DAGEL DIRECTOR 1.00 X 0 0 0 LISA DIROSE DIRECTOR 1.00 X 0 0 0 MARIE FAULK DIRECTOR 1.00 X 0 0 0 ANNE FERRELL DIRECTOR 1.00 X 0 0 0 KRISTEN GULSON DIRECTOR 1.00 X 0 0 0 BUD HANNAH STATE PRESID 1.00 X X 0 0 0 TONY HENSLEY DIRECTOR 1.00 X 0 0 0 ALAN HESS DIRECTOR 1.00 X 0 0 0 ALAN HOERTH DIRECTOR 1.00 X 0 0 0 DAVE JONES DIRECTOR 1.00 X 0 0 0 MARK KAZMER DIRECTOR 1.00 X 0 0 0 MELODY KERKVLIET DIRECTOR 1.00 X 0 0 0 AMY KLOCK DIRECTOR 1.00 X 0 0 0 DAVID KNEIP PAST PRESIDE 1.00 X X 0 0 0 KYLE LALIM NAR DIRECTOR 1.00 X 0 0 0 JULIE LARSON DIRECTOR 1.00 X 0 0 0 TJ LARSON DIRECTOR 1.00 X 0 0 0 MEREDITH LEE DIRECTOR 1.00 X 0 0 0 SHERRI LOCKHART DIRECTOR 1.00 X 0 0 0 LARISSA LUTHER DIRECTOR 1.00 X 0 0 0 TONYA MADSEN DIRECTOR 1.00 X 0 0 0 RENEE MAGUIRE DIRECTOR 1.00 X 0 0 0 MICHELLE MALONEY DIRECTOR 1.00 X 0 0 0 BRANDON MARTENS PRESIDENT EL 1.00 X X 0 0 0 STUART MARTIN DIRECTOR 1.00 X 0 0 0 MELISSA MERCHANT DIRECTOR 1.00 X 0 0 0 ANDREW MILLER DIRECTOR 1.00 X 0 0 0 BART MILLER DIRECTOR 1.00 X 0 0 0 LYNN MORRIS DIRECTOR 1.00 X 0 0 0 LISA MUELLER DIRECTOR 1.00 X 0 0 0 PAT MURTHA DIRECTOR 1.00 X 0 0 0 MARY NEUGEBAUER DIRECTOR 1.00 X 0 0 0 KAYE O'NEAL DIRECTOR 1.00 X 0 0 0 EMILIE PORTZ VICE PRESIDE 1.00 X X 0 0 0 BRANDY PURCELL-HARTMAN DIRECTOR 1.00 X 0 0 0 SPENCER ROSSI DIRECTOR 1.00 X 0 0 0 ROGER RUSSELL DIRECTOR 1.00 X 0 0 0 LAURIE SMITH DIRECTOR 1.00 X 0 0 0 CATHY SONNENSCHEIN DIRECTOR 1.00 X 0 0 0 TARRAH SONNENSCHEIN DIRECTOR 1.00 X 0 0 0 ANNETTE STEILEN DIRECTOR 1.00 X 0 0 0 ANGELA KELLY STEINBACH DIRECTOR 1.00 X 0 0 0 DAWN TASSLER DIRECTOR 1.00 X 0 0 0 RICK TRAPP DIRECTOR 1.00 X 0 0 0 SAMANTHA TROOIEN DIRECTOR 1.00 X 0 0 0 RICK TYSDAL DIRECTOR 1.00 X 0 0 0 MICAH VOLMER SECRETARY/TR 1.00 X X 0 0 0 NIKI WAGNER DIRECTOR 1.00 X 0 0 0 LORI WHITMAN DIRECTOR 1.00 X 0 0 0 MARTY WILCOX DIRECTOR 1.00 X 0 0 0 115000 17772 1 false false false 658614 658614 BUILDING ASSESSMENTS 900099 104400 104400 EDUCATION COURSES 611710 50460 50460 NAR PROGRAM INCOME 900099 28315 28315 LEADERSHIP CONFERENCE 900099 19201 19201 CONVENTION 900099 10449 10449 2011 1386 625 214836 1120 1120 MISCELLANEOUS 900099 1232 1232 1232 875802 215443 625 1120 132772 34521 98251 66235 17221 49014 1481 385 1096 14278 3712 10566 13144 3417 9727 5100 1326 3774 9851 2561 7290 34080 34080 17164 4463 12701 1220 1220 43694 11360 32334 68294 17756 50538 44321 21826 22495 35539 9240 26299 53642 13947 39695 1455 378 1077 EDUCATION COURSES 32030 32030 NAR PROGRAM EXPENSES 31884 31884 DONATIONS 20000 5200 14800 MISCELLANEOUS 18728 4869 13859 27422 14777 12645 672334 266173 406161 0 1164197 1423444 1419 2587 5423 6332 1769113 196743 1626012 1572370 2797051 3004733 62557 58622 300765 332195 724782 701501 1088104 1092318 X 1708947 1912415 1708947 1912415 2797051 3004733 203468 X false true X true false 96414 false SOUTH DAKOTA REALTORS PAC PO BOX 1175 PIERRE SD 57501 460457781 195236 false false false 658614 96414 96414 115257 -18843 SCHEDULE C, PART I-A, LINE 1 THE ASSOCIATION HIRES A LOBBYIST IN ADDITION TO DOING MANY IN-HOUSE LOBBYING ACTIVITES TO INCLUDE BUT NOT LIMITED TO CHILI/OYSTER FEED, WEEKLY BRIEFS AND CONFERENCE CALLS DURING SESSION. 237610 237610 1180571 117525 1063046 298841 56854 241987 52091 22364 29727 1572370 LONG TERM DEBT 701501 701501 X 1092249 216447 216447 875802 875802 749924 77590 77590 672334 672334 SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE ("IRS") AND CERTAIN STATE TAXING AUTHORITIES ARE CURRENTLY REVISITING WHAT, IF ANY, PRODUCTS AND SERVICES PROVIDED BY THE ASSOCIATION ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"). THERE IS CURRENTLY VERY LITTLE GUIDANCE IN THE IRS CODE ON WHAT ACTIVITIES SHOULD BE SUBJECT TO UBIT. THE IRS HAS INDICATED THAT THEY ARE STUDYING THE ISSUE AND MAY ISSUE ADDITIONAL GUIDANCE. AS A RESULT, AT THIS TIME THERE IS UNCERTAINTY REGARDING WHETHER THE ASSOCATION SHOULD PAY INCOME TAX ON CERTAIN TYPES OF NET INCOME FROM ACTIVITIES THAT MAY BE CONSIDERED BY TAXING AUTHORITIES AS UNRELATED TO THE PURPOSE FOR WHICH THE ASSOCIATION WAS GRANTED NON-TAXABLE STATUS. THE ASSOCIATION HAS NOT FILED ANY TAX RETURNS IN THE PAST FOR POTENTIAL TAXABLE ACTIVITIES. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET INCOME FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE ASSOCIATION'S NON-TAXABLE STATUS IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE ASSOCIATION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RPAC INCOME 197,741 ISSUES INCOME 18,706 SCHEDULE D, PAGE 4, PART XII, LINE 2D RPAC EXPENSES 69,973 ISSSUES EXPENSES 7,617 FORM 990 - ORGANIZATION'S MISSION AS THE VOICE FOR REAL ESTATE, THE SOUTH DAKOTA ASSOCIATION OF REALTORS SERVES ITS LOCAL BOARDS AND ALL MEMBERS BY PROVIDING TIMELY INFORMATION, QUALITY EDUCATION, POLITICAL ADVOCACY AND PROMOTING THE REALTOR IMAGE AND CODE OF ETHICS. FORM 990, PAGE 6, PART VI, LINE 2 CATHY SONNENSCHEIN TARRAH SONNENSCHEIN DIRECTOR DIRECTOR MOTHER/DAUGHTER FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE ASSOCIATION SHALL CONSIST OF SEVEN CLASSES: (1) MEMBER BOARDS, (2) BOARD MEMBERS, (3) REALTOR MEMBERS, (4) INSTITUTE AFFILIATE MEMBERS, (5) AFFILIATE MEMBERS, (6) EMERITUS MEMBERS, AND (7) HONORARY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE ELECTION OF OFFICERS AND DIRECTORS SHALL BE HELD AT THE ANNUAL MEMBERSHIP MEETING OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 7B ALL CHANGES TO THE BYLAWS OF THE ASSOCIATION MUST BE VOTED ON AT THE ANNUAL MEMBERSHIP MEETING FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE VICE PRESIDENT REVIEWS THE RETURN PRIOR TO AUTHORIZING IT TO BE ELECTRONICALLY FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS PROVIDES AN ANNUAL WRITTEN AND SIGNED ACKNOWLEDGEMENT OF THE OWNERSHIP DISCLOSURE AND CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S CONTRACT IS REVIEWED AND RENEWED EVERY THREE YEARS BY THE EXECUTIVE COMMITTEE ON BEHALF OF THE BOARD OF DIRECTORS. ANNUALLY THERE IS A REVIEW DONE BY THE BOARD PRESIDENT AND APPROVED BY THE BOARD OF DIRECTORS FOR ANY SALARY ADJUSTMENTS TO BE MADE. FORM 990, PAGE 6, PART VI, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST OF THE PUBLIC.