2024-10-31T11:33:04-05:00 2023-12-31 454051133 FREED MAXICK CPAS PC 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2023-01-01 160367770 BUFFALO NIAGARA ASSOCIATION OF REALTORS INC BUFF 7166369000 200 JOHN JAMES AUDUBON PKWY 201 AMHERST NY 14228 JOHN LEONARDI CEO 7166369000 2024-10-31 1 0 MARY MADONIA P00405803 7168472651 2024-10-29 2023 2024-10-15 13:58:12Z JOHN LEONARDI 200 JOHN JAMES AUDUBON PKWY 201 AMHERST NY 14228 3267062 0 X WWW.BNAR.ORG X 1904 NY TO ASSIST MEMBERS TO BECOME SUCCESSFUL AND PROFITABLE REAL ESTATE PROFESSIONALS AND TO PROMOTE PROFESSIONALISM, COOPERATION, FAIR HOUSING AND REAL PROPERTY RIGHTS. 20 20 18 271 0 0 0 0 2320511 2277227 42060 15766 760106 747531 3122677 3040524 34000 0 0 0 1081009 1166499 0 0 0 1793007 1884939 2908016 3051438 214661 -10914 4268777 4081627 3348839 3097375 919938 984252 TO ASSIST MEMBERS TO BECOME SUCCESSFUL AND PROFITABLE REAL ESTATE PROFESSIONALS AND TO PROMOTE PROFESSIONALISM, COOPERATION, FAIR HOUSING AND REAL PROPERTY RIGHTS. 0 0 3024758 ASSISTED MEMBERS TO BECOME SUCCESSFUL AND PROFITABLE REAL ESTATE PROFESSIONALS AND TO PROMOTE PROFESSIONALISM, COOPERATION, FAIR HOUSING AND REAL PROPERTY RIGHTS. 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN LEONARDI 7166369000 200 JOHN JAMES AUDUBON PARKWAY AMHERST NY 14228 AMBER WESSER BOARD MEMBER 2.00 X 0 0 0 JOEL HUSVAR BOARD MEMBER 2.00 X 0 0 0 KELLY SPURLOCK BOARD MEMBER/SECRETARY/TREASURER 1.00 X X 0 0 0 MARGARET FISHER BOARD MEMBER/VICE PRESIDENT 2.00 X X 0 0 0 MARGARET HARTMANN BOARD MEMBER 1.00 X 0 0 0 NAN MALYSZA BOARD MEMBER (TO 5/30/23) 1.00 X 0 0 0 PETER F HUNT BOARD MEMBER 1.00 X 0 0 0 ROSALIND BURGIN BOARD MEMBER/PRESIDENT 2.00 X X 0 0 0 SHANNON MCNICHOL BOARD MEMBER 1.00 X 0 0 0 STEPHANIE FIORENTINO BOARD MEMBER 1.00 X 0 0 0 VIENNA LAURENDI BOARD MEMBER/PRESIDENT ELECT 2.00 X X 0 0 0 MARCY DEXHEIMER BOARD MEMBER 1.00 X 0 0 0 J GERARD GREEN BOARD MEMBER 1.00 X 0 0 0 DAVID VANSCHOONHOVEN BOARD MEMBER 1.00 X 0 0 0 LORI ADAMS BOARD MEMBER 1.00 X 0 0 0 MARCIE DELGATY BOARD MEMBER 1.00 X 0 0 0 RICHARD DENTINGER BOARD MEMBER 1.00 X 0 0 0 BRIAN MILLER BOARD MEMBER 1.00 X 0 0 0 TAMIKA MURPHY BOARD MEMBER 1.00 X 0 0 0 MELVIN TAYLOR JR BOARD MEMBER 1.00 X 0 0 0 MATT WHITEHEAD BOARD MEMBER 1.00 X 0 0 0 JOHN LEONARDI CEO 50.00 X 199165 0 33494 KATHY SCHMITZ CFO 50.00 X 105343 0 16704 LINDA M DOANE PUBLISHER 40.00 X 111664 0 10908 416172 0 61106 3 0 1 0 0 MEMBERSHIP DUES 531390 1726841 1726841 CONTRACTED ADMINISTRAT 531390 464536 464536 SPECIAL EVENTS 531390 61545 61545 AGENTS' DAY 531390 24305 24305 2277227 32867 32867 206433 223534 -17101 -17101 -17101 18616 3004 15612 15612 LOCKBOX 531390 722399 722399 OTHER INCOME 531390 9520 9520 731919 3040524 3024758 0 15766 304508 606732 86953 96971 71335 31716 21474 6587 18058 6319 241437 201383 333 114706 6310 PRODUCTS AND SERVICES 478946 GENERAL OPERATING EXPEN 256302 SPECIAL EVENTS EXPENSES 226663 EQUIPMENT RENT & MAINTE 94647 180058 3051438 838485 738527 5000 0 44820 0 4491 4326 1114661 740321 447698 374340 1257699 1508091 1670584 1456343 4268777 4081627 806699 783009 871362 857746 1670778 1456620 3348839 3097375 X 919938 984252 919938 984252 4268777 4081627 -10914 75228 0 X X 1 X 0 0 0 0 1 0 237481 60657 176824 640181 625579 14602 236999 54085 182914 374340 LEASE - OPERATING 1435994 LEASE - FINANCE 20349 1456343 X 1 1 X X X 0 0 0 JOHN LEONARDI CEO 174481 0 14684 0 10000 0 16578 0 16916 0 232659 0 0 0 PART I, LINE 1A THE ORGANIZATION'S TRAVEL POLICY ALLOWS FOR A SPOUSE / SIGNIFICANT OTHER OF THE PRESIDENT AND PRESIDENT-ELECT TO ACCOMPANY THEM TO ALL STATE AND NATIONAL MEETINGS. IT ALSO ALLOWS FOR THE CHIEF EXECUTIVE OFFICER TO RECEIVE REIMBURSEMENT FOR SPOUSAL TRAVEL TO TWO MEETINGS ONLY. ALL RECEIPTS AND DOCUMENTATION SUBMITTED MUST BE ACCORDING TO IRS STANDARDS. WNY REIS INDIVIDUALS ON BNAR BOARD HAVE DIRECT OR INDIRECT OWNERSHIP IN WNY REIS 464536 BNAR MANAGES THE OPERATION OF A MULTIPLE LISTING SERVICE FOR WNY REIS AND RECORDED CONTRACTED ADMINISTRATIVE REVENUE OF $464,536 FOR THE SERVICES PROVIDED. THERE IS OTHER ACTIVITY FOR WHICH WNY REIS REIMBURSES BNAR, NONE OF WHICH WAS RECEIVABLE AT YEAR END. 0 FORM 990, PART VI, SECTION A, LINE 6 BNAR IS A NOT FOR PROFIT CORPORATION WHERE MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE BY ELECTING ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF BNAR ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF BNAR ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT ACCOUNTING FIRM. A COPY OF THE 990 IS PROVIDED TO THE EXECUTIVE FINANCE COMMITTEE AND REVIEWED PRIOR TO FILING. ANY ISSUES NOTED ARE CLEARED WITH THE ACCOUNTING FIRM PREPARING THE RETURN BEFORE FINAL SUBMISSION IS MADE. FORM 990, PART VI, SECTION B, LINE 12C AT EVERY BOARD MEETING, ALL ATTENDEES REVIEW AND SIGN A COPY OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS REVIEWED BY THE EXECUTIVE FINANCE COMMITTEE AND BOARD OF DIRECTORS. AMOUNTS ARE COMPARED TO COMPARABLE LOCAL NOT-FOR-PROFITS BASED UPON INDEPENDENT COMPENSATION STUDIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 2C THE ORGANIZATION'S EXECUTIVE FINANCE COMMITTEE IS RESPONSIBLE FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE REVIEW OF THE ORGANIZATION'S FINANCIAL STATEMENTS. THIS SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEARS.