2024-09-11T09:22:12-00:00 2023-10-31 821650312 Alta CPA Group 59 Franklin St 2nd Floor Annapolis MD 21401 990 2022-11-01 520728385 MARYLAND ASSOCIATION OF REALTORS INC MARY 4437163500 200 HARRY S TRUMAN PARKWAY APT 200 ANNAPOLIS MD 21401 CHARLES KASKY CEO 4437163500 2024-09-11 true Jeffrey Griffith P01081433 4103495101 2024-09-11 2022 2024-08-08 14:25:15Z JOHN HARRISON 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 9907595 false X MDREALTOR.ORG X 1955 MD THE MARYLAND ASSOCIATION OF REALTORS EXISTS TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP AND THEIR SPECIALTIES. CONTINUED ON SCHEDULE O 35 35 27 35 -278615 14750 49857 7233102 6887217 275554 533691 -104184 -319474 7419222 7151291 0 0 2502653 2429434 0 0 2825166 2762526 5327819 5191960 2091403 1959331 29642728 29826101 5847351 3935289 23795377 25890812 X THE MARYLAND ASSOCIATION OF REALTORS EXISTS TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP AND THEIR SPECIALTIES. CONTINUED ON SCHEDULE O false false THE LEGAL DEPARTMENT PROVIDES LEGAL HOTLINE SERVICES TO MEMBERS, STAFFS THE STATEWIDE FORMS, COMMERCIAL AND REAL PROPERTY OPERATIONS COMMITTEES AND DELIVERS PROFESSIONAL STANDARDS TRAINING TO LOCAL BOARDS. THE LEGAL DEPARTMENT STAFF ALSO VISITS COMPANY OFFICES FOR INFORMAL MEETINGS TO PROVIDE UPDATES AND SUPPLIES INSTRUCTORS FOR CONTINUING EDUCATION CLASSES REQUIRED BY MARYLAND REAL ESTATE LICENSE LAW. THE EDUCATION DEPARTMENT ADMINISTERS AND MONITORS THE REALTOR INSTITUTE PROGRAM THROUGHOUT THE STATE, THE LEADERSHIP ACADEMY, AND ASSISTED MARS MEDIATION PROVIDER WITH EDUCATIONAL SUPPORT. THE EDUCATION DEPARTMENT CONTINUES TO PARTNER WITH THE ANNUAL CONFERENCE COMMITTEE TO PROVIDE AND TRACK EDUCATION PROGRAMS DURING MARS CONFERENCE AND WITH THE LEGAL DEPARTMENT TO ASSIST IN THE SCHEDULING AND MONITORING OF THE IN-HOUSE LOCAL PROFESSIONAL STANDARDS TRAINING SEMINARS, AND ASSISTS IN OTHER ACTIVITIES TO HELP SUPPORT EDUCATION INITIATIVES WITHIN MAR. THE COMMUNICATIONS AND MEMBER SERVICES DEPARTMENT PROVIDES FREE WEBINARS AND THE MAR REALTOR MAGAZINE TO MEMBERS CONTINUED SCHEDULE O false false false true false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false true false false false true 64 0 true 27 true false false false false false false false false false X 35 35 false false false false false true true true true false true true true true true true true true true true false MD X PATRICIA SCHMITT 4437163500 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 CHARLES A KASKY CHIEF EXECUTIVE OFFICER 035.00 X 334261 0 44467 KATHLEEN DARTEZ DIRECTOR OF LEGAL SERVICES 035.00 X 148475 0 17263 PATRICIA D SCHMITT VP FINANCE 035.00 X 135175 0 21665 DANIEL PATRELL DIRECTOR OF COMMUNICATIONS 035.00 X 132013 0 19609 LISA MAY DIRECTOR OF ADVOCACY AND LEGISLATIVE 035.00 X 120306 0 7146 SUSAN YASHINSKIE DIRECTOR OF PD AND ME 035.00 X 121350 0 5028 ALISON WISNOM PRESIDENTIAL APPOINTMENT 003.00 X 0 0 0 TANYA REDDING PRESIDENT-ELECT APPOINTMENT 003.00 X 0 0 0 DEBBIE LEBER ASSOCIATION EXCEUTIVE 003.00 X 0 0 0 WAYNE CURTIS DEI APPOINTMENT 003.00 X 0 0 0 ERICA SOLOMON DEI APPOINTMENT 003.00 X 0 0 0 JUNE STEINWEG DIRECTOR 003.00 X 0 0 0 TIM SHOTZBERGER DIRECTOR 003.00 X 0 0 0 LINDA AUSTIN DIRECTOR 003.00 X 0 0 0 AVI ADLER DIRECTOR 003.00 X 0 0 0 BRIAN LIPSKY DIRECTOR 003.00 X 0 0 0 ED CAMPBELL DIRECTOR 003.00 X 0 0 0 AUSTIN WHITEHEAD DIRECTOR 003.00 X 0 0 0 AMOS MARTIN DIRECTOR 003.00 X 0 0 0 MELISSA LONG DIRECTOR 003.00 X 0 0 0 LINDA RICH DIRECTOR 003.00 X 0 0 0 PATTI DEARCANGELIS DIRECTOR 003.00 X 0 0 0 ROBBYN HARRIS DIRECTOR 003.00 X 0 0 0 MEGAN ROSENDALE DIRECTOR 003.00 X 0 0 0 MOLLY KING DIRECTOR 003.00 X 0 0 0 RACHEL JEFFERIES DIRECTOR 003.00 X 0 0 0 MICHAEL FUNK DIRECTOR 003.00 X 0 0 0 BOB KIMBALL AT LARGE DIRECTOR 003.00 X 0 0 0 LARRY SMITH AT LARGE DIRECTOR 003.00 X 0 0 0 BRENDA KASUVA AT LARGE DIRECTOR 003.00 X 0 0 0 MELANIE GAMBLE AT LARGE DIRECTOR 003.00 X 0 0 0 ELIZABETH GLASS AT LARGE DIRECTOR 003.00 X 0 0 0 SARAH ANDERSON AT LARGE DIRECTOR 003.00 X 0 0 0 WILLIAM PEACH LARGE FIRM DIRECTOR 003.00 X 0 0 0 CINDY ARIOSA LARGE FIRM DIRECTOR 003.00 X 0 0 0 KARA WILLIAMS LARGE FIRM DIRECTOR 003.00 X 0 0 0 YOLANDA MUCKLE PRESIDENT 003.00 X 0 0 0 CHRIS HILL PRESIDENT-ELECT 003.00 X 0 0 0 CHERYL ABRAMS DAVIS SECRETARY 003.00 X 0 0 0 CHRIS JETT TREASURER 003.00 X 0 0 0 CRAIG WOLF IMMEDIATE FORMER PRESIDENT 003.00 X 0 0 0 991580 115178 6 false true false HBP INC 952 FREDERICK STREET HAGERSTOWN MD 21740 MAGAZINE PRINTING POSTAGE 286759 NOTE ROUTER 3401 GRANDE VISTA DRIVE UNIT 951 NEWBURY PARK CA 91319 WEB SERVICES 107260 LIVE CASINO AND HOTEL 7002 ARUNDEL MILLS CIRCLE HANOVER MD 21076 EVENT SPACE 339918 FONTAINEBLEU RESORT 10100 COASTAL HWY OCEAN CITY MD 21842 EVENT SPACE 191068 RIFKIN WEINER LIVINGSTON LLC 225 DUKE OF GLOUCESTER ST ANNAPOLIS MD 21401 LEGAL SERVICES 133890 5 49857 49857 MEMBERSHP DUES 900099 6614148 6614148 ANNUAL CONFERENCE 900099 153150 153150 EDUCATION PROGRAMS 900099 90116 90116 MAGAZINE ADVERTISING 900099 79479 79479 6887217 507612 507612 13669 13669 1075426 1433520 -358094 -358094 -358094 1348863 1322784 26079 26079 26079 MISCELLANEOUS INCOME 900099 16451 16451 PROF. STANDARDS BOARD SERVICE 900099 8500 8500 24951 7151291 6832689 -278615 547360 X 0 0 0 0 377534 0 1818597 77538 861 154904 0 0 42464 0 45499 417329 0 245861 289450 0 85585 23256 0 698644 3059 0 79107 210992 RESEARCH 90616 MAGAZINE EXPENSES 304447 EDUCATION COMMUNITY EXPENSES 179685 INSTALLATION OF OFFICERS 46532 0 5191960 1166160 1462811 7078988 6730385 85273 138788 195309 211913 21954631 10128406 12022641 11826225 5715573 5318288 3348998 4107905 29786 29786 29642728 29826101 450555 258200 1248927 1202549 4089578 2414439 58291 60101 5847351 3935289 X 23795377 25890812 23795377 25890812 29642728 29826101 1959331 136104 X false true X true false false false false 6614148 866357 866357 866357 false 1925810 1925810 12899826 6857439 6042387 6155292 2422785 3732507 617062 508345 108717 356641 339837 16804 11826225 Financial derivatives and other financial products Closely-held equity interests CERTIFICATE OF DEPOSITS 4107905 F 4107905 Federal income taxes SECURITY DEPOSITS PAYABLE 60101 60101 X 8675416 136104 1433520 1569624 7105792 45499 45499 7151291 6579981 1433520 1433520 5146461 45499 45499 5191960 X 2 THE MARYLAND ASSOCIATION OF REALTORS, INC. IS EXEMPT FROM FEDERAL AND LOCAL INCOME TAXES UNDER SECTION 501C6 OF THE INTERNAL REVENUE CODE ON INCOME DERIVED FROM ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. FOR THE YEARS ENDED OCTOBER 31, 2023 AND 20201 THE ORGANIZATION DID NOT RECOGNIZE INCOME TAX EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. M.A.R. 200, LLC IS WHOLLY OWNED BY THE MARYLAND ASSOCIATION OF REALTORS, INC. AND ITS OPERATING RESULTS FLOW THROUGH TO THE MARYLAND ASSOCIATION OF REALTORS, INC. FOR TAX REPORTING PURPOSES. FOR THE YEARS ENDED OCTOBER 31, 2023 AND 2022, M.A.R. 200, LLC DID NOT HAVE ANY ACTIVITY CONSIDERED TO BE UNRELATED BUSINESS ACTIVITY, AND AS A RESULT, NO TAX PROVISION WAS RECOGNIZED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. 200 HST BUSINESS TRUST IS A DISREGARDED ENTITY OF WHICH M.A.R. 200, LLC IS A SOLE BENEFICIARY, AND ITS OPERATING RESULTS FLOW THROUGH TO THE MARYLAND ASSOCIATION OF REALTORS, INC. FOR TAX REPORTING PURPOSES. FOR THE YEARS ENDED OCTOBER 31, 2023 AND 2022, THE TRUST DID NOT RECOGNIZE INCOME TAX EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. XI 2D RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 1,433,520 XII 2D RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 1,433,520 CHARLES A KASKY CHIEF EXECUTIVE OFFICER 334261 19078 25389 378728 KATHLEEN DARTEZ DIRECTOR OF LEGAL SERVICES 148475 4418 12845 165738 PATRICIA D SCHMITT VP FINANCE 135175 8038 13627 156840 DANIEL PATRELL DIRECTOR OF COMMUNICATIONS 132012 7848 11761 151621 Form 990, Part III, Line 1 ORGANIZATIONS MISSION THROUGH COLLECTIVE EFFORTS WITH THE LOCAL BOARDS/ASSOCIATIONS AND THE NATIONAL ASSOCIATION OF REALTORS, MAR DEVELOPS AND DELIVERS PROGRAMS, SERVICES, AND RELATED PRODUCTS THAT MAINTAIN AND ELEVATE THE HIGH STANDARDS OF THE REAL ESTATE BUSINESS AND THE PROFESSIONAL CONDUCT OF ITS PRACTITIONERS ASSISTS MEMBERS IN SERVING THE PUBLIC ETHICALLY AND SUCCESSFULLY WITH THE HIGHEST DEGREE OF PROFESSIONAL ABILITY IN REAL ESTATE MATTERS PROMOTES AND PRESERVES THE RIGHT TO OWN, TRANSFER, AND USE REAL PROPERTY AND PROTECTS THE RIGHT OF MEMBERS TO CONDUCT BUSINESS WITHIN A FRAMEWORK OF FAIR AND REASONABLE LAWS AND GOVERNMENTAL REGULATIONS. IN PRINCIPLE AND IN PRACTICE, THE MARYLAND ASSOCIATION OF REALTORS VALUES AND SEEKS DIVERSITY AND INCLUSIVE PARTICIPATION WITHIN THE FIELD OF REAL ESTATE AND RECOGNIZES EACH MEMBER AS A UNIQUE INDIVIDUAL. Form 990, Part VI, Section A, Line 6 THE MEMBERS OF MAR CONSIST OF SIX 6 CLASSES A LOCAL BOARD/ASSOCIATIONS, B LOCAL BOARD/ASSOCIATION MEMBERS, C INDIVIDUAL MEMBERS, D INSTITUTE AFFILIATE MEMBERS, E AFFILIATE MEMBERS, AND F HONORARY MEMBERS. Form 990, Part VI, Section A, Line 7A THE ELECTION OF THE OFFICERS AND DISTRICT VICE PRESIDENTS IS HELD AT THE ANNUAL MEMBERSHIP MEETING OF MAR. VOTING IS LIMITED TO THE LOCAL BOARDS/ASSOCIATIONS AND TO INDIVIDUAL MEMBERS. Form 990, Part VI, Section A, Line 7B THE MAR BOD IS THE GOVERNING BODY UNDER THE BYLAWS. THE MAR BOD MEETS AT LEAST THREE TIMES A YEAR. MEMBERS ARE REPRESENTED ON THE BOARD OF DIRECTORS THROUGH THEIR LOCAL BOARDS AND THROUGH AT LARGE POSITIONS OPEN TO ANY MEMBER IN GOOD STANDING MEETING QUALIFICATIONS. OFFICERS ARE ELECTED AND BYLAWS AMENDED BY MEMBERS AT THE ANNUAL GENERAL MEMBERSHIP MEETING AT WHICH MEMBERS ARE ELECTED BY THE PRESIDENTS OF THE LOCAL BOARDS REPRESENTING THEM. Form 990, Part VI, Section B, Line 111B THE 990 IS REVIEWED AND APPROVED BY THE COMPANYS CEO AND/OR TREASURER BEFORE BEING FILED. Form 990, Part VI, Section B, Line 12C COMMITTEE MEMBERS ARE CHOSEN ON A YEARLY BASIS BY THE CURRENT PRESIDENT-ELECT, SECRETARY, AND CEO FOR COMMITTEE POSITIONS FOR THE NEXT FISCAL YEAR. ALL OFFICER POSITIONS ARE ELECTED POSITIONS BY THE MAR BOD. RESUMES MUST BE PRESENTED ALONG WITH QUALIFICATIONS THAT PROHIBIT CONFLICT OF INTEREST. STAFF IS INSTRUCTED UPON HIRE AND REMINDED IN THE STAFF HANDBOOK AND AT PERIODIC MEETINGS THAT THEY MAY NOT PARTICIPATE IN ANY ACTIVITY THAT CONSTITUTES A CONFLICT OF INTEREST. COMMITTEE MEMBERS AND MEMBERS OF THE BOARD MUST SIGN A CONFLICT OF INTEREST POLICY PLEDGE ANNUALLY. Form 990, Part VI, Section B, Line 15A PER THE CEOS CONTRACT, THE MAR EXECUTIVE COMMITTEE MAY DETERMINE AN INCREASE IN SALARY OR MERIT BONUS SUBJECT TO THE ANNUAL BUDGET. ANNUALLY, THE PRESIDENT APPOINTS A TEAM OF OFFICERS OR MEMBERS OF THE EXECUTIVE COMMITTEE TO REVIEW THE CEOS PERFORMANCE AND LOOK AT COMPARABLE SALARY COMPARISONS BEFORE INITIATING ANY DISCUSSION/ACTION AT A MEETING OF THE EXECUTIVE COMMITTEE IN CLOSED SESSION. ALL STAFF SALARIES ARE DETERMINED BY THE CEO BASED ON COMPARABLE POSITIONS IN THE AREA, INDUSTRY, AND PERFORMANCE. Form 990, Part VI, Section C, Line 18 THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE TO THE PUBLIC ON WWW.GUIDESTAR.ORG. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL MAKE SUCH DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part III, Line 4A CONTINUED IN ORDER TO KEEP THEM INFORMED ON THE MOST UP-TO-DATE ISSUES INVOLVING THE INDUSTRY. THE PUBLIC POLICY DEPARTMENT CONTINUES TO MONITOR REALTOR ISSUES BEFORE THE MARYLAND STATE LEGISLATURE AND PROVIDES GOVERNMENT AFFAIRS SERVICES TO ALL LOCAL ASSOCIATIONS/BOARDS TO MONITOR ISSUES BEFORE LOCAL JURISDICTIONS. Form 990, Part IX, Line 11G CONSULTANTS 417,329 MAR 200 LLC 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 262232219 200 HST TRUSTEE MD MD ASSOCIATION OF REALTORS 200 HST BUSINESS TRUST 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 266441606 RENTAL REAL ESTATE MD 1075426 11306731 MD ASSOCIATION OF REALTORS false false false false false false false false false false false false false false false false false false false