2024-08-14T07:08:47-07:00 2023-12-31 592142260 CHRISTOPHER SMITH LEONARD Et Al 101 E Kennedy Blvd Suite 1460 Tampa FL 33602 990 2023-01-01 590810295 Realtor Association of Sarasota and Manatee Inc REAL 9419523400 2320 Cattlemen Road Sarasota FL 34232 Jeff Arakelian CEO 2024-08-12 true true Susan O Thompson P00276728 8134904490 2023 2024-08-08 14:25:15Z Jeff Arakelian 5305437 false X www.myrasm.com X 1964 FL To uphold the Realtor Code of Ethics, deliver education, tools, and resources to advance members' professionalism, be the advocate for protection of private property rights in the communities we serve, and to further the interests of real property ownership. 15 15 24 200 1143971 738485 0 3572227 3716493 303877 176081 63383 87496 3939487 3980070 625 0 1384912 1552684 0 0 1792185 1923947 3177097 3477256 762390 502814 14727452 15862126 1687011 1862563 13040441 13999563 THE MISSION OF THE REALTOR ASSOCIATION OF SARASOTA AND MANATEE IS TO ADVANCE MEMBERS' PROFESSIONALISM THROUGH DELIVERY OF EDUCATION AND RESOURCES, AND TO ADVOCATE FOR REAL ESTATE IN THE COMMUNITIES SERVED. false false Communication and education programs for members including: website, Elevate magazine, multiple topical and member segmented electronic newsletters, social media posts, and monthly real estate market statistical report and media release; and new member orientation, code of ethics, professional development, continuing education classes, commercial and international real estate education programs, and annual education conference & expo. Membership programs including annual meeting, Installation banquet, holiday party, general association meetings, strategic planning, commercial real estate marketplace meetings, commercial monthly meetings, community service projects, and district meetings. Committee programs including government affairs, real estate legal issues, professional standards and grievance, breakfast/luncheon meetings, commercial real estate, international real estate, and young professionals network. false false true true false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true false false true 23 0 true 24 true true true false false false true true false false false X 15 15 false false false false true true true true true false false false true true true true true true true false X Jeff Arakelian 9419523400 2320 Cattlemen Road Sarasota FL 34239 Arakelian Jeff CEO 40.00 0.00 X 216000 0 15896 Jesse Sunday VP of Operations 40.00 0.00 109250 0 7333 Max Brandow VP of Advocacy 40.00 0.00 103750 0 7333 Gina McCarthy VP Communications 40.00 0.00 103250 0 7340 Barrett Tony President-Elect 3.00 0.00 X X 0 0 0 Tresidder Brian President 3.00 0.00 X X 0 0 0 Reynolds Debi Vice President 2.00 0.00 X X 0 0 0 Crawford David Treasurer 2.00 0.00 X X 0 0 0 Veldkamp Tony Past President 2.00 0.00 X X 0 0 0 Bow Jessica Director 1.00 0.00 X 0 0 0 Butrum Nathan Director 1.00 0.00 X 0 0 0 Charron Pam Director 1.00 0.00 X 0 0 0 Hoskinson Ken Director 1.00 0.00 X 0 0 0 Lambert Anita Director 1.00 0.00 X 0 0 0 McLaughlin Marcia Director 1.00 0.00 X 0 0 0 Montei Julia Director 1.00 0.00 X 0 0 0 Northrup Mary Director 1.00 0.00 X 0 0 0 Partie Brian Director 1.00 0.00 X 0 0 0 Patti Derek Director 1.00 0.00 X 0 0 0 532250 37902 4 false true false 0 0 MEMBERSHIP DUES & ASSMTS 531390 3716493 2609443 1107050 3716493 246267 246267 0 0 31480 31480 31480 31480 1152571 1218468 4289 -65897 -4289 -70186 -70186 0 0 120579 102610 17969 17969 Advertising 511120 36921 36921 Miscellaneous income 900099 1126 1126 38047 3980070 2627412 1143971 208687 625 0 0 0 231896 0 1112871 37740 73187 96990 0 37007 95375 0 0 0 0 33488 24273 147834 0 133700 0 0 0 0 0 224549 66077 Programs and services 429923 Unrelated business income tax 207181 Commercial investment division 157873 Membership Costs 108459 258208 3477256 0 0 0 644177 863297 2607242 2203617 0 20310 54353 0 0 0 22554 23187 78813 100495 8249860 1328697 6985296 6921163 4260771 5595298 73172 73172 0 0 35117 27544 14727452 15862126 204692 222157 1445713 1528158 36606 112248 1687011 1862563 X 12996803 13999563 43638 13040441 13999563 14727452 15862126 502814 456308 X false true X true false false REALTORS POLITICAL ACTION COMMITTEE 7025 Augusta National Dr ORLANDO FL 32822 463247113 324964 false false false 1815770 24811 24811 24902 Part I-A, Line 1 - Direct and Indirect Political Campaign Activities In 2023, the RASM Political Action Advisory Committee (PAAC} recommended one candidate for political contribution. The RASM PAAC recommendation was approved by the Association's Board of Directors. Request for RPAC funding was sent to the Florida realtors, which approved the funding request and a check was delivered to the candidate. Candidate was recommended based on viability, current fundraising totals, career track records, and alignment with RASM public policy guidelines. RASM advocated on a handful of issues locally, including but not limited to: comprehensive land use plan update in the City of Sarasota, vacation rental regulation in the City of Sarasota, the Manatee County Comprehensive Land Use Plan, and the sale of the City of Bradenton City Hall site. 2357583 2357583 5155216 913868 4241348 435397 223977 211420 301664 190852 110812 6921163 Lease liability 27932 Unrelated business income tax payable 84316 112248 X Part X : FIN48 Footnote PART X, LINE 2:The Association is a not-for-profit Florida corporation and is exempt from income taxation under Section 501(c)(6) of the Internal Revenue Code. The Association is, however, subject to Federal and State of Florida income tax with respect to certain unrelated business taxable income arising from its from its multiple listing service and magazine advertising income. In the determination of its unrelated business taxable income, the Association makes allocations of expenses based on estimates.No interest or penalties resulting from an underpayment of income taxes have been recognized in the statement of activities or in the statement of financial position. The association has no positions for which it believes it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease in the next twelve months. The association's three previous years remain subject to examination by the Internal Revenue Services and the Florida Department of Revenue. true X X X X X false false false Arakelian Jeff CEO 210000 6000 15896 231896 Form 990, Part VI, Section A, Line 6 The Association has six classes of members: REALTOR Members, Institute Affiliate Members, Business Partner Members, Honorary Members, Student Members, and Administrative Members. REALTOR Members are entitled to vote and to hold elective office in the Association. Form 990, Part VI, Section A, Line 7a The Board of Directors and Officers of the Association are elected at the annual membership meeting by the REALTOR Members. Form 990, Part VI, Section A, Line 7b The bylaws may be amended by a majority vote of the REALTOR Members present and qualified to vote at any meeting at which a quorum is present, provided such proposed amendment or amendments shall be plainly stated in the call for the meeting, or by a mail, facsimile, or electronic ballot with two-thirds vote of five percent of the REALTOR membership qualified to vote. The Board of Directors may, at any regular or special meeting of the Board of Directors at which a quorum is present, approve amendments to the Bylaws which are mandated by the National Association of Realtors' policy. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the CEO and the Executive Committee of the Board of Directors prior to filing. Form 990, Part VI, Section B, Line 12c At the beginning of each meeting, the presiding person reminds everyone about the Conflict of Interest Policy and inquires whether any member has a conflict or potential conflict to report. The minutes reflect any conflicts declared either at that time or later in the meeting. Form 990, Part VI, Section B, Line 15a An Evaluation Committee meets annually in the fall to evaluate the performance of the CEO. At that time, they are provided with a copy of salary surveys from the National Association of Realtors, the American Society of Association Executives and a survey of like-size REALTOR Associations' CEO compensation reported on their respective latest Form 990. The committee evaluates the progress made toward achieving the objectives established in the Strategic Plan for the year, and other objectives set in the prior year's evaluation to determine the achievements of the CEO. They review the salary surveys and determine the salary for the subsequent year. The report is made to the Executive Committee, who authorizes the salary for the subsequent year. Form 990, Part VI, Section B, Line 15b For all other employees, the CEO uses the same salary surveys aforementioned to establish compensation based on experience. Form 990, Part VI, Section C, Line 19 Disclosure of governing documents is made available on the Association's web site. Disclosure of the Association's policies are disclosed as requested. The Association's financial statements are available to be viewed upon written request; only members of the Finance Committee and the Board of Directors receive copies. RASM Realtors Charitable Fdn Inc 2320 Cattlemen Rd Sarasota FL 34232 854232393 Scholarships and Charitable Grants FL 501(c)(3) 509(a)(2) N/A true false false false false false false false false false false false false false false false false false false false