2024-11-13T17:50:04-06:00 2023-12-31 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2023-01-01 941541266 SACRAMENTO ASSOCIATION OF REALTORS INC SACR 9169227711 2003 HOWE AVENUE SACRAMENTO CA 95825 JESSICA COATES CHIEF EXECUTIVE OFFICER 9169227711 2024-11-11 1 1 JENNIFER Z IWATA P01310188 9166466464 2024-11-11 2023 2024-10-15 13:58:12Z JESSICA COATES 2003 HOWE AVENUE SACRAMENTO CA 95825 7321410 0 X WWW.SACREALTOR.ORG X 1956 CA REAL ESTATE ASSOCIATION 19 19 36 167 0 0 20720 9346 3185079 3172264 147211 163416 237840 332120 3590850 3677146 52396 56855 0 0 2165533 2314889 0 0 0 1354534 1385922 3572463 3757666 18387 -80520 12753592 13450220 1387455 1253914 11366137 12196306 X THE MISSION OF THE SACRAMENTO ASSOCIATION OF REALTORS, INC., IS TO ENHANCE THE ABILITY OF ITS MEMBERS TO PRACTICE THEIR PROFESSION ETHICALLY AND EFFECTIVELY, TO SERVE THE COMMUNITY AND TO PROTECT PRIVATE PROPERTY RIGHTS. 0 0 EDUCATION IS ALWAYS A HIGH PRIORITY FOR THE ASSOCIATION. A WIDE RANGE OF COURSES WERE OFFERED TO KEEP MEMBERS UP-TO-DATE ON ALL FACETS OF REAL ESTATE AND PROVIDING THE BEST REPRESENTATION FOR THEIR CLIENTS. CHANGES TO CALIFORNIA REAL ESTATE LAW; SAFETY ON-LINE AND IN PERSON FOR REALTORS AND THEIR CLIENTS; THE LATEST IN TECHNOLOGY AND SOCIAL MEDIA; AND ASPECTS OF A CHANGING REAL ESTATE MARKET ARE BUT A FEW EXAMPLES. THE RETAIL STORE WITHIN THE ASSOCIATION WAS ABLE TO CONTINUE TO OFFER PRODUCTS FOR ITS MEMBERS AT A REDUCED PRICE, WHILE BEING CONVENIENT AND ACCESSIBLE TO MEMBERS AND NONMEMBERS. THE ASSOCIATION CONTINUED TO PROMOTE ETHICS AND PROFESSIONAL STANDARDS TO MEMBERS. SERVICES OFFERED INCLUDE OMBUDSMEN, MEDIATION, AND ARBITRATION FOR THE PROTECTION OF THE PUBLIC AS WELL AS MEMBERS. THE ASSOCIATION HOSTS AN ANNUAL DIVERSITY, INCLUSION, AND EQUALITY HOME BUYER FAIR THAT PROVIDES FREE INFORMATION TO CONSUMERS REGARDING THE HOME BUYING PROCESS AND HOW TO BE BETTER PREPARED TO BECOME A HOMEOWNER. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 1 36 1 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X CHRISTOPHER LY 9169227711 2003 HOWE AVENUE SACRAMENTO CA 95825 CHERIE HUNT PRESIDENT 10.00 X X 0 0 0 SAMANTHA TOV-WEISSENSEE PRESIDENT ELECT 4.00 X X 0 0 0 ULJAL SINGH SECRETARY-TREASURER 2.00 X X 0 0 0 ERIN STUMPF IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 JODI ASH DIRECTOR 2.00 2.00 X 0 0 0 COURTNEY EDWARDS DIRECTOR 2.00 X 0 0 0 STEPHANIE FERRIS DIRECTOR 2.00 X 0 0 0 RANDALL HOM DIRECTOR 2.00 X 0 0 0 BRIAN MCMARTIN DIRECTOR 2.00 X 0 0 0 CHIP O'NEILL DIRECTOR 2.00 X 0 0 0 MICHAEL ONSTEAD DIRECTOR 2.00 X 0 0 0 MAYLNA PHAN DIRECTOR 2.00 X 0 0 0 KELLY PLEASANT DIRECTOR 2.00 X 0 0 0 JIM PODJA DIRECTOR 2.00 X 0 0 0 YURI RAMIREZ-VILLANUEVA DIRECTOR 2.00 X 0 0 0 LUIS SUMPTER DIRECTOR 2.00 X 0 0 0 MAURICE THOMAS DIRECTOR 2.00 X 0 0 0 CAM VILLA DIRECTOR 2.00 X 0 0 0 ANGIE WESTBERG DIRECTOR 2.00 X 0 0 0 JESSICA COATES CHIEF EXECUTIVE OFFICER 30.00 10.00 X 254000 0 22858 CHRISTOPHER LY CHIEF FINANCIAL OFFICER 40.00 X 128000 0 7835 ERIN TEAGUE GOVERNMENT AFFAIRS DIRECTO 40.00 X 117000 0 14888 499000 0 45581 3 0 1 0 0 9346 9346 MEMBERSHIP DUES 900099 2431606 2431606 METROLIST 900099 643200 643200 NEW MEMBER ADMIN FEE 900099 26056 26056 MASTERS CLUB 900099 26050 26050 PROFESSIONAL STANDARDS 900099 22680 22680 22672 22672 3172264 163416 163416 246860 22949 32366 3009 214494 19940 234434 234434 3501080 3501080 0 159133 107809 51324 51324 MISCELLANEOUS INCOME 900099 46362 46362 46362 3677146 3269950 0 397850 56855 412693 1489873 70024 200589 141710 69438 38971 8000 7129 7785 2608 206019 83311 225069 35461 367115 250190 54235 EDUC & PROF DEVELOPMENT 29355 BAD DEBT 1236 3757666 1263484 260168 98985 955282 7305 62038 40418 32083 38147 81577 7387265 3233798 4368403 4153467 3984295 4508331 2649763 3071184 302792 326090 12753592 13450220 426610 360815 960845 893099 1387455 1253914 X 11366137 12196306 11366137 12196306 12753592 13450220 X -80520 389268 521421 X X 0 1 X 1 0 0 0 0 2431606 8000 8000 8267 -267 266116 266116 1431020 1431020 0 5209088 1455792 3753296 366653 272380 94273 114388 74606 39782 4153467 3071184 F 3071184 1 SAR CHARITABLE FOUNDATION 2003 HOWE AVENUE SACRAMENTO CA 95825 300691274 501(C)(3) 33995 0 GENERAL DONATION 1 0 PART I, LINE 2: GENERALLY GRANTS ARE GIVEN OUT BY THE SACRAMENTO ASSOCIATION OF REALTORS CHARITABLE FOUNDATION. WHEN THEY HAVE INSUFFICIENT FUNDS TO GRANT, A REQUEST MAY BE MADE TO THE SACRAMENTO ASSOCIATION OF REALTORS BOARD OF DIRECTORS, IN WHICH THE DECISION TO APPROVE IS ON A CASE BY CASE BASIS. X X X X 0 0 0 JESSICA COATES CHIEF EXECUTIVE OFFICER 240000 0 14000 0 0 0 13500 0 9358 0 276858 0 0 0 METROLIST INC ONE BOARD MEMBER IN COMMON 643200 SAR PERFORMED SUBSCRIBER SERVICES FOR METROLIST, INC. 0 FORM 990, PART VI, SECTION A, LINE 2 RANDALL HOM IS A DIRECTOR OF THE ORGANIZATION AND IS ALSO ON THE BOARD FOR METROLIST. SAR RECEIVED $643,200 FROM METROLIST FOR SUBSCRIBER SERVICES. CHIP O'NEILL IS ALSO A DIRECTOR OF THE ORGANIZATION AND IS ON THE METROLIST MLS COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE SIX CLASSES OF MEMBERSHIP: REALTOR MEMBERS, SENIOR MEMBERS, INSTITUTE AFFILIATE MEMBERS, INDIVIDUAL AFFILIATE MEMBERS, HONORARY MEMBERS AND STUDENT MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A REALTOR MEMBERS AND SENIOR MEMBERS HAVE THE RIGHT TO ANNUALLY VOTE FOR DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ELECTION TO THE BOARD OF DIRECTORS AND AMENDMENTS TO THE BYLAWS REQUIRE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW THE ENTIRE DRAFT FORM 990 PRIOR TO IRS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REMINDED AT THE COMMENCEMENT OF ALL MEETINGS OF THEIR DUTY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A OFFICERS OF THE ASSOCIATION (PRESIDENT, PRESIDENT-ELECT, SECRETARY/TREASURER, PAST PRESIDENT) REVIEW STATEWIDE COMPENSATION AND REVIEW THE PERFORMANCE OF THE CEO BEFORE HER COMPENSATION IS ADJUSTED. COMPARABLE COMPENSATION IS CONSIDERED FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. KPIS ARE ESTABLISHED TO DETERMINE THE BONUS GIVEN AND OFFICERS MEET TO DETERMINE IF KPIS ARE MET AND WHAT PERCENTAGE OF BONUS IS AWARDED. DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE DOCUMENTED. THIS PROCESS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE ASSOCIATION'S ACTIVE MEMBERSHIP UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN INCOME OF METROLIST SERVICES, INC. INVESTMENT 521,421. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY OVER THE CONSOLIDATED FINANCIAL STATEMENT AUDIT AND THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SACRAMENTO ASSOCIATION OF REALTORS SCHOLARSHIP FOUNDATION TRUST 2003 HOWE AVENUE SACRAMENTO CA 95825 946129111 EDUCATIONAL SCHOLARSHIPS CA 501(C)(3) PF SACRAMENTO ASSOCIATION OF REALTORS INC 0 SACRAMENTO ASSOCIATION OF REALTORS CHARITABLE FOUNDATION INC 2003 HOWE AVENUE SACRAMENTO CA 95825 300691274 GRANTS TO CHARITABLE ORGANIZATIONS CA 501(C)(3) LINE 7 SACRAMENTO ASSOCIATION OF REALTORS INC 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0