2024-11-14T15:28:24-06:00 2023-12-31 952302617 SINGERLEWAK LLP 160 W SANTA CLARA ST STE 600 SAN JOSE CA 95113 990 2023-01-01 941054204 SANTA CLARA COUNTY ASSOCIATION OF REALTORS SANT 4084458500 1651 N FIRST STREET SAN JOSE CA 95112 KRAIG CONSTANTINO TREASURER 4084458500 2024-11-12 1 0 JEROME BELLOTTI P00846805 4082943924 2024-11-12 2023 2024-10-15 13:58:12Z KRAIG CONSTANTINO 1651 N FIRST STREET SAN JOSE CA 95112 3334590 0 X WWW.SCCAOR.COM X 1963 CA IMPROVE BUSINESS AND PROVIDE PROFESSIONAL SUPPORT SERVICES TO REAL ESTATE PROFESSIONALS 19 19 22 50 15419 14664 37500 32500 2764209 2835889 21731 51821 88636 43580 2912076 2963790 0 0 0 0 1721511 1658150 0 0 0 1102727 1163553 2824238 2821703 87838 142087 10749522 12975032 2346732 2042561 8402790 10932471 IMPROVE BUSINESS AND PROVIDE PROFESSIONAL SUPPORT SERVICES TO REAL ESTATE PROFESSIONALS 0 0 MLS LISTING SERVICE & KEY ACCESS SYSTEM FOR PROPERTIES LISTED BY AGENTS EDUCATION AND EVENTS:THE ASSOCIATION OFFERS PROGRAMS AND SEMINARS TO INCREASE ITS MEMBER'S PRODUCTIVITY AND EXPAND THEIR TECHNOLOGY AND SALES SKILLS. PROGRAMS INCLUDE LIVE CONTINUING EDUCATION, HANDS-ON TECHNOLOGY TRAINING, SALES SKILLS TRAINING, TECHNOLOGY WORKSHOPS, AND PRODUCT DEMONSTRATIONS THE ASSOCIATION SPONSORS EVENTS THROUGHOUT THE YEAR TO PROVIDE NETWORKING OPPORTUNITIES FOR MEMBERS. THE ASSOCIATION WORKS TO DEVELOP, ADVANCE, AND IMPLEMENT PUBLIC POLICY OBJECTIVES THAT PROMOTE HOMEOWNERSHIP AND PROTECT THE RIGHTS OF HOMEOWNERS. 0 0 0 1 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 3 0 1 22 1 1 1 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 4084458500 1651 N FIRST STREET SAN JOSE CA 95112 LISA FARI BOARD MEMBER/PAST-PRESIDENT 2.00 X 0 0 0 WILLIAM CHIA BOARD MEMBER/PRESIDENT 1.00 X X 0 0 0 WILLIAM REHBOCK BOARD MEMBER/TREASURER 1.00 X X 0 0 0 KRAIG CONSTANTINO BOARD MEMBER/VICE PRESIDENT 1.00 X X 0 0 0 MICHELLE PERRY BOARD MEMBER/PRESIDENT ELECT 1.00 X X 0 0 0 KAREN NELSEN BOARD MEMBER 1.00 X 0 0 0 JENNY ZHAO BOARD MEMBER 1.00 X 0 0 0 RYAN ALTER BOARD MEMBER 1.00 X 0 0 0 DOUG GOSS BOARD MEMBER 1.00 X 0 0 0 GENE HUNT BOARD MEMBER 1.00 X 0 0 0 KELLY HUNT BOARD MEMBER 1.00 X 0 0 0 JEN BEEHLER BOARD MEMBER 1.00 X 0 0 0 SANDY JAMISON UNTIL 12312023 BOARD MEMBER 1.00 X 0 0 0 RICK SMITH UNTIL 12312023 BOARD MEMBER 1.00 X 0 0 0 MARGO SPARKS SCRA CHAIR FROM 1 BOARD MEMBER 1.00 X 0 0 0 JOSEPH BROWN FROM 112023 BOARD MEMBER 1.00 X 0 0 0 TERESE FERRARA BOARD MEMBER 1.00 X 0 0 0 LAURA WELCH BOARD MEMBER 1.00 X 0 0 0 MICHELLE LIN DIRECTOR 1.00 X 0 0 0 NEIL COLLINS EXECUTIVE DIRECTOR, CEO 37.50 1.00 X 254165 0 16959 GINA ZARI GOVERNMENT AFFAIRS DIRECTOR 37.50 X 157808 0 9517 MAX VALDEZ IT DIRECTOR 37.50 X 121716 0 15400 533689 0 41876 3 0 1 0 0 32500 32500 DUES AND SERVICE FEES 531390 1634688 1634688 EKEY USAGE FEES 531390 636977 636977 EDUCATION , EVENT RENT 531390 564224 564224 2835889 51979 51979 324125 260964 63161 63161 15663 47498 892 1050 -158 -158 -158 84412 108786 -24374 -24130 -244 OTHER INCOME 531390 4793 4793 4793 2963790 2816552 15419 99319 271124 1106710 24984 145363 109969 14743 44390 169574 13519 71211 177124 36524 142314 87601 13766 MEMBERSHIP AND EDUCATIO 199885 MERCHANT CREDIT CARD FE 41731 TELEPHONE 41244 TRAINING 21641 88286 2821703 1531338 1131169 807402 1164170 132315 156757 32237 25241 80146 78729 7813347 1713118 6193510 6100229 1939539 4289268 33035 29469 10749522 12975032 271589 172006 899988 875361 822014 696267 353141 298927 2346732 2042561 X 8402790 10932471 8402790 10932471 10749522 12975032 X 142087 37865 2349729 X 1 X 0 1 0 0 1 0 1710400 1665000 3375400 1784493 2520139 1592577 2712055 121316 114541 6775 11999 6000 5999 6100229 INVESTMENT IN MLS LISTING, INC. 4289268 C 4289268 MEMBERSHIP DUES TO FORWARD 269458 TENANT'S DEPOSITS PAYABLE 29469 298927 X 3141037 37865 139382 177247 2963790 0 2963790 2961085 139382 139382 2821703 0 2821703 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SACTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAXES UNDER SECTION 23701(E) OF THE CALIFORNIA REVENUE TAXATION CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT RELATED TO THE ASSOCIATION'S TAX EXEMPT PURPOSE ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ASSOCIATION HAS EVALUATED ITS CURRECT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THE ASSOCIATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. THE ASSOCIATION'S FEDERAL RETURNS GOING BACK TO THE YEAR ENDED DECEMBER 31, 2019 COULD BE SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE ASSOCIATION'S STATE RETURNS GOING BACK TO THE YEAR ENDED DECEMBER 31, 2018 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCORRECTLY CATEGORIZED AS FUNCTIONAL EXPENSES 85,793. FOREIGN TAXES PAID AND RECATEGORIZED FROM INCOME TO EXPENSE -98. REALLOCATION OF EXPENSES FROM FUNCTIONAL EXPENSES TO SALE OF MERCHANDISE 53,688. ROUNDING -1. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOREIGN TAXES PAID AND RECATEGORIZED FROM INCOME TO EXPENSE -98. RENTAL EXPENSES INCORRECTLY CATEGORIZED AS FUNCTIONAL EXPENSES 85,793. REALLOCATION OF EXPENSES FROM FUNCTIONAL EXPENSES TO SALE OF MERCHANDISE 53,687. X X 0 0 0 NEIL COLLINS EXECUTIVE DIRECTOR, CEO 214165 0 40000 0 0 0 7872 0 9087 0 271124 0 0 0 GINA ZARI GOVERNMENT AFFAIRS DIRECTOR 154808 0 3000 0 0 0 0 0 9517 0 167325 0 0 0 PART I, LINE 7 THE EXECUTIVE DIRECTOR, GOVERNMENT AFFAIRS DIRECTOR, AND IT DIRECTOR RECEIVED NON-FIXED BONUSES THIS YEAR IN THE AMOUNTS OF $40,000, $3,000, AND $1,300 RESPECTIVELY. BONUSES ARE NOT GUARANTEED. THE CEO WILL RECOMMEND AN AMOUNT FOR STAFF BONUS BASED ON LENGTH OF EMPLOYMENT AND PERFORMANCE TO THE BOARD OF DIRECTORS. THE BOARD MAY APPROVE, NOT APPROVE, OR CHANGE THE AMOUNT BASED ON FINANCIAL POSITION TOWARDS THE END OF THE YEAR. FOR THE CEO BONUS, THE BOARD OF DIRECTORS SHALL DETERMINE THE AMOUNT BASED ON AN EVALUATION OF EMPLOYEE'S PERFORMANCE PRESENTED BY THE PRESIDENT AND THE EXECUTIVE COMITTEE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY (BOARD OF DIRECTORS) AND OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO VOTE IN THE ELECTION OF BOARD MEMBERS AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S ACCOUNTING MANAGER REVIEWS THE 990, AND AFTER RESOLVING ANY QUESTIONS, THE FORM IS SUBMITTED TO THE PRESIDENT FOR REVIEW AND APPROVAL. EACH BOARD MEMEBER RECEIVES A PDF COPY OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT WHEN THEY JOIN THE BOARD, AS WELL AS ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE BOARD FOR ANY POTENTIAL CONFLICTS ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD COMPLETES A PERFORMANCE EVALUATION OF THE CEO, AND REVIEW THE CEO'S EMPLOYMENT CONTRACT. EVALUATION FORMS AND COMPENSATION CHANGES ARE SIGNED BY THE PRESIDENT AND PRESIDENT ELECT. KEY EMPLOYEE COMPENSATION (IF APPLICABLE) IS REVIEWED AND APPROVED BY THE CEO. DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN IN MLSLISTINGS INC INVESTMENT 2,349,729. SANTA CLARA COUNTY REALTORS FOUNDATION 1651 NORTH FIRST STREET SAN JOSE CA 95112 770252014 HOUSING & FOOD ASSISTANCE/GRANTS CA 501(C)(3) LINE 8 SANTA CLARA COUNTY ASSOCIATION OF REALTORS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0