2025-10-30T10:04:12-05:00 2024-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2024-01-01 111020780 LONG ISLAND BOARD OF REALTORS INC LONG 6316614800 1305 WALT WHITMAN RD 310 MELVILLE NY 11747 MARK T DONNELLY PRESIDENT 6318212040 2025-10-20 1 0 MATT BURKE P00760659 6315821600 2025-10-30 2024 2025-03-06 01:10:19Z X MARK T DONNELLY 1305 WALT WHITMAN RD 310 MELVILLE NY 11747 8980874 0 X WWW.LIREALTOR.COM X 1910 NY TO BE THE TRUSTED ALLY UNITING OUR REALTOR MEMBERS IN PROMOTING THE BENEFITS OF AND ENSURING THE FUTURE OF REAL PROPERTY FOR ALL. 30 26 64 219 93275 0 45000 50963 7804424 7749136 477635 748831 554309 431944 8881368 8980874 0 0 0 0 4759384 4972516 0 0 0 2896128 2958130 7655512 7930646 1225856 1050228 38226393 46260889 8223701 11748813 30002692 34512076 X THE MISSION OF THE LONG ISLAND BOARD OF REALTORS IS TO BE THE TRUSTED ALLY UNITING OUR REALTOR MEMBERS IN PROMOTING THE BENEFITS OF AND ENSURING THE FUTURE OF REAL PROPERTY FOR ALL. 0 1 PROFESSIONAL DEVELOPMENT: EDUCATION AND EVENTS: TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR ALL MEMBERS AND TO EQUIP REALTORS WITH THE NECESSARY KNOWLEDGE AND SKILLS NEEDED TO EXCEL IN THEIR CAREERS, STAY COMPLIANT WITH INDUSTRY REGULATIONS AND LAWS AND TO PROVIDE THE BEST POSSIBLE SERVICE TO CUSTOMERS AND CLIENTS. LIBOR OFFERS: LICENSING, MANDATORY CONTINUING EDUCATION, SKILL DEVELOPMENT, ETC. AND ALSO, EVENTS TO PROVIDE NETWORKING BUSINESS OPPORTUNITIES, TO ENHANCE MEMBER ENGAGEMENT AND RETENTION. LIBOR OFFERS NYS APPROVED LICENSING AND CONTINUING EDUCATION COURSES, NAR REALTOR DESIGNATION COURSES, BUSINESS AND SKILL DEVELOPMENT PROGRAMS AND BROKER AND MANAGER FORUMS AND SUMMITS THROUGHOUT THE YEAR. THERE WERE 21,018 REGISTRATIONS FOR LIBOR ZOOM/LIVE DISTANCE EDUCATION COURSES (INCLUDING CODE OF ETHICS REPLAYS), 2,801 REGISTRATIONS FOR IN PERSON COURSES/EVENTS, AND 16,003 REGISTRATIONS FOR ONLINE COURSES (INCLUDING LICENSING COURSES). THERE WERE 303 ZOOM EDUCATION COURSES OFFERED AND 43 IN PERSON COURSES/EVENTS OFFERED. REALTOR STORE: TO PROVIDE SUPPLIES, PRODUCTS, SALES AND MARKETING TOOLS TO ALL MEMBERS TO PROMOTE REAL ESTATE ACTIVITY. 76 MEMBERS PURCHASED PRODUCTS THROUGH THE REALTOR STORE. THERE ARE APPROXIMATELY 23 SUPPLIES AND FORMS AVAILABLE FOR SALE. THE REALTOR STORE WAS CLOSED IN APRIL 2024. PSC (PROFESSIONAL STANDARDS COMMITTEE) GRIEVANCE PROCEDURES: TO PROVIDE A COMMITTEE OF PEERS IN WHICH ALL MEMBERS MAY TURN TO FOR FAIR AND PROPER DETERMINATION OF POSSIBLE ETHICS VIOLATIONS AS WELL AS ARBITRATION, MEDIATION, AND OMBUDSMAN SERVICES.THE TOTAL NUMBER OF MEMBERS WHO PARTICIPATED IN THE ARBITRATION OR ETHIC COMPLAINT PROCESS DURING THE YEAR, INCLUDING GRIEVANCE AND MEDIATION, WAS 564. 0 0 1 1 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 122 0 1 64 1 1 1 0 0 0 0 0 0 0 0 0 X 30 26 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X KATHLEEN KENNEDY 6316614800 1305 WALT WHITMAN RD STE 310 MELVILLE NY 11747 X ANGELA PRINCE MEMBER 3.00 X 125 0 0 BARBARA A BUCOVETSKY MEMBER 3.00 X 1875 0 0 ZOILA ALONZO MEMBER 3.00 X 75 0 0 CHRISTINE DICKSON MEMBER 3.00 X 6798 0 0 MATTHEW ARNOLD MEMBER 3.00 X 3270 0 0 CLAIRE J LEFACE MEMBER 3.00 X 100 0 0 DAVID M LEGAZ MEMBER 3.00 X 1677 0 0 DEBRA CHIAPPETTA MEMBER 3.00 X 10425 0 0 DANIELA V DIAZ MEMBER 3.00 X 2000 0 0 ERICA E TURNER MEMBER 3.00 X 3470 0 0 FREDERIC R GREENE MEMBER 3.00 X 3470 0 0 GINA MARIE BETTENHAUSER MEMBER 6.00 X 3800 0 0 GLENN BOGGIA MEMBER 3.00 X 3060 0 0 JOOSOO KIM MEMBER 3.00 X 8695 0 0 JANAY D MALLOY MEMBER 3.00 X 1105 0 0 CHRISTINA MATHIESON MEMBER 3.00 X 3465 0 0 KEVIN M LEATHERMAN PRESIDENT 6.00 X X 2650 0 0 LYDIA BUESO ROMAN MEMBER 3.00 X 1745 0 0 EYSTON PEREZ MEMBER 3.00 X 3170 0 0 MARGARET MACRAE MEMBER 3.00 X 125 0 0 MARK T DONNELLY PRESIDENT ELECT 6.00 X X 11373 0 0 MARY ALICE RUPPERT MEMBER 3.00 X 6375 0 0 YOSHINORI TAKITA MEMBER 3.00 X 10421 0 0 PAIGE C RYAN MEMBER 3.00 X 4605 0 0 RAO A SHAAN KHAN SECRETARY/TREASURER 6.00 X X 12254 0 0 RENEE B HUGHES MEMBER 3.00 X 125 0 0 ROB A CHOUDHURY MEMBER 3.00 X 7185 0 0 RUTH F PFEFFER MEMBER 3.00 X 8720 0 0 NATASHA A WILLIAMS MEMBER 3.00 X 4300 0 0 YVETTE D CLARK WATKINS MEMBER 3.00 X 3110 0 0 DOREEN SPAGNUOLO CEO 36.00 4.00 X 463955 51550 31047 KATHLEEN KENNEDY VP OF ACCOUNTING & FINANCE 20.00 20.00 X 90354 90353 29292 LEIGH GOLDBLATT NETWORK ADMIN/TECHN/HELPDE 8.00 32.00 X 30434 121738 26748 MARY ANN MONTELEONE VP OF PROFESSIONAL DEVELOPMENT 40.00 X 160276 0 46578 PATRICK FIFE GENERAL COUNSEL 34.00 6.00 X 169334 29882 16585 PETE CARBO DIRECTOR OF IT 8.00 32.00 X 33410 133639 28061 ANTHONY RUSSO DIRECTOR OF ACCOUNTING SER 40.00 0.00 X 134923 0 44385 LISA FORCA DIRECTOR OF MEMBERSHIP & B 20.00 20.00 X 67460 67460 25271 MARLO PAVENTI SR. DIRECTOR PUBLIC & GOV' 40.00 X 143068 0 25987 ALFONSO SPICCIATIE NETWORK ADMIN/HELPDESK TECH 10.00 30.00 X 33270 99808 10413 AMY FLETCHER DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 135571 0 25311 1591623 594430 309678 10 0 1 0 0 50963 50963 MEMBERSHIP DUES & ASSE 900099 7232217 7232217 EDUCATION SERVICES 611710 422318 422318 INITIATION AND REINSTA 900099 91167 91167 PROFESSIONAL STANDARDS 900099 21000 21000 AFFILIATE PROGRAMS 900099 9576 9576 -27142 -27142 7749136 748831 748831 337876 0 337876 337876 337876 MISCELLANEOUS INCOME 900099 94068 793 93275 94068 8980874 8087805 93275 748831 1521998 1521998 2412312 2111972 300340 246397 132020 114377 467176 250312 216864 324633 173939 150694 77779 77779 51550 51550 175182 34123 141059 50112 50112 72449 47726 24723 168829 90458 78371 393207 173699 219508 491614 487332 4282 80636 40318 40318 49783 20186 29597 SATELLITE FACILITIES 321394 314387 7007 CREDIT CARD SERVICES 310439 310219 220 MEMBER EVENTS 226444 226444 STRATEGIC PLANNING 90021 90021 398691 318699 79992 7930646 4871967 3058679 0 206471 138615 17020344 22194961 26347 27878 158019 213534 4817257 4215103 682791 602154 1915953 2014810 16033446 19467338 2183022 1601599 38226393 46260889 946364 5067624 4974688 5652090 37900 38250 2264749 990849 8223701 11748813 X 29303586 33760526 699106 751550 30002692 34512076 38226393 46260889 X 1050228 75263 3383893 X X 0 1 X 1 0 12 0 0 REALTOR POLITICAL ACTION COMMITTEE OF NY 130 WASHINGTON AVENUE ALBANY NY 122102219 141634150 319631 0 0 0 7232217 7262 7262 72322 -65060 PART I-C THE LONG ISLAND BOARD OF REALTORS DIRECT POLITICAL ACTIVITIES INCLUDES BOTH THE STAFF AND VOLUNTEER'S ACTUAL TIME SPENT MEETING CANDIDATES RUNNING FOR OFFICE ON THE LOCAL, STATE, AND FEDERAL LEVELS AND INCLUDES THE DISTRIBUTION OF RPAC FUNDS (FROM NEW YORK STATE ASSOCIATION OF REALTORS (NYSAR) AND NATIONAL ASSOCIATION OF REALTORS (NAR)) TO THE SUPPORTED CANDIDATES. 0 37900 4350 4000 38250 1 X 1728843 1160248 568595 3088414 3054855 33559 602154 100% OWNERSHIP- SUNRISE CAPITAL HOLDING CORP. 19417338 C INVESTMENT IN PRIVATE COMPANY 50000 C 19467338 LEASE LIABILITIES 975707 SCHC AND SUBSIDIARIES 15142 990849 X 12440030 75263 3383893 3459156 8980874 0 8980874 7930646 0 7930646 0 7930646 PART IV, LINE 2B: THIS ACCOUNT IS USED FOR THE FILING FEES OF THE COMPLAINANT AND RESPONDENT ($350 EACH). APPEAL FEES ARE $500. MEMBERS CAN REQUEST THAT THE DISPUTED COMMISSION BE HELD AT LIBOR UNTIL A DECISION IS MADE BY THE HEARING PANEL OR THE MATTER IS SETTLED PRIVATELY, OR BY A COURT DECISION. CIRCUMSTANCES FOR WITHDRAWAL OF FUNDS FROM THE ESCROW ACCOUNT: IF THE ARBITRATION COMPLAINT IS REVIEWED BY THE GRIEVANCE COMMITTEE AND FOUND NOT TO BE AN ARBITRABLE MATTER, THE $350 IS REFUNDED TO THE COMPLAINANT. IF THE ARBITRATION IS WITHDRAWN - THE FILING FEES WOULD BE REFUNDED IN FULL. THE ARBITRATION IS SETTLED IN MEDIATION: $350 IS RETURNED TO BOTH THE COMPLAINANT & RESPONDENT. THE ARBITRATION IS TERMINATED IN MEDIATION: $150 IS WITHDRAWN TO PAY MEDIATOR. THE ARBITRATION IS HEARD: $350 OF THE FILING FEE IS REFUNDED TO THE PREVAILING PARTY. THE BALANCE OF WHATEVER IS LEFT OF THE $700 WOULD BE TRANSFERRED TO THE OPERATING ACCOUNT. IF THE DISPUTED COMMISSION HAD BEEN HELD IN ESCROW ACCOUNT THEN IT WOULD BE RELEASED TO THE PREVAILING PARTY OF THE ARBITRATION OR IF SETTLED IN MEDIATION THE AGREED UPON AMOUNT(S) WOULD BE RELEASED TO THE APPROPRIATE PARTY(IES). IF OUTSIDE COUNSEL IS THE ATTORNEY AT AN ARBITRATION HEARING (OR PROCEDURAL REVIEW) THEN LIBOR PAYS THE ATTORNEY $450 ($350 OUT OF THE FILING FEE BEING HELD IN ESCROW AND $100 OUT OF THE OPERATING ACCOUNT). ANY BALANCE OF THE APPEAL FILING FEES WOULD BE TRANSFERRED TO LIBOR'S OPERATING ACCOUNT. PART X, LINE 2: THE ORGANIZATION EVALUATED FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. THE TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL TAXING AUTHORITIES. THE ORGANIZATION HAS DETERMINED THAT IT HAS REGISTERED IN ALL STATES WHERE IT IS REQUIRED TO BE REGISTERED. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET INCOME OF SUNRISE CAPITAL HOLDING CORP. AND SUBSIDIARIES 3,383,893. X X X X 0 0 0 DOREEN SPAGNUOLO CEO 443705 49300 20250 2250 0 0 25542 2838 2401 266 491898 54654 0 0 PATRICK FIFE GENERAL COUNSEL 160004 28236 9330 1646 0 0 13466 2377 631 111 183431 32370 0 0 KATHLEEN KENNEDY VP OF ACCOUNTING & FINANCE 85420 85420 4934 4933 0 0 7125 7126 7521 7520 105000 104999 0 0 MARY ANN MONTELEONE VP OF PROFESSIONAL DEVELOPMENT 147303 0 12973 0 0 0 12494 0 34084 0 206854 0 0 0 PETE CARBO DIRECTOR OF IT 31490 125960 1920 7679 0 0 2615 10461 2997 11988 39022 156088 0 0 ANTHONY RUSSO DIRECTOR OF ACCOUNTING SER 127555 0 7368 0 0 0 10313 0 34072 0 179308 0 0 0 LEIGH GOLDBLATT NETWORK ADMIN/TECHN/HELPDE 28915 115661 1519 6077 0 0 2359 9438 2990 11961 35783 143137 0 0 MARLO PAVENTI SR. DIRECTOR PUBLIC & GOV' 137763 0 5305 0 0 0 11014 0 14973 0 169055 0 0 0 AMY FLETCHER DIRECTOR OF COMMUNICATIONS 130544 0 5027 0 0 0 10369 0 14942 0 160882 0 0 0 LISA FORCA DIRECTOR OF MEMBERSHIP & B 63776 63776 3684 3684 0 0 5157 5156 7479 7479 80096 80095 0 0 FORM 990, PART III, LINE 3 THE REALTOR STORE WAS CLOSED IN APRIL 2024. FORM 990, PART V, 2A DURING 2024, LIBOR UTILIZED A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). WAGES AND RELATED PAYROLL TAXES ARE PAID BY THE PEO AND LIBOR IS BILLED FOR THE WAGES, TAXES AND PROCESSING CHARGES BI-WEEKLY FOR THE SERVICE. FORM 990, PART VI, SECTION A, LINE 2 THREE DIRECTORS ARE INDEPENDENT CONTRACTORS WITH DOUGLAS ELLIMAN RE. THE THREE AGENTS ARE, FREDERIC R. GREENE, YVETTE D. CLARK WATKINS, AND EYSTON PEREZ. FORM 990, PART VI, SECTION A, LINE 2 THREE DIRECTORS ARE AFFILIATED WITH THE FIRM CHARLES RUTENBERG REALTY INC. THEY ARE RUTH F. PFEFFER, JOOSOO KIM, AND RAO A. SHAAN KHAN. FORM 990, PART VI, SECTION A, LINE 2 TWO DIRECTORS ARE INDEPENDENT CONTRACTOR AGENTS WITH HOWARD HANNA COACH REALTORS. THE TWO AGENTS ARE MARK T. DONNELLY AND MARY ALICE RUPPERT. MARK T. DONNELLY IS AN ELECTED OFFICER OF LIBOR. FORM 990, PART VI, SECTION A, LINE 2 TWO DIRECTORS ARE INDEPENDENT CONTRACTOR AGENTS WITH SIGNATURE PREMIER PROPERTIES. THE TWO AGENTS ARE CLAIRE J. LEFACE AND MARGARET MACRAE. FORM 990, PART VI, SECTION A, LINE 2 TWO DIRECTORS ARE INDEPENDENT CONTRACTOR AGENTS WITH COLDWELL BANKER AMERICAN HOMES. THE TWO DIRECTORS ARE ROB A. CHOUDHURY AND GLENN BOGGIA. FORM 990, PART VI, SECTION A, LINE 2 TWO DIRECTORS ARE INDEPENDENT CONTRACTOR AGENTS WITH COMPASS GREATER NY, LLC. THEY ARE BARBARA A. BUCOVETSKY AND RENEE B. HUGHES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ARE REALTORS. THE MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. THE REALTOR MEMBERS ELECT THE DIRECTORS AND THE DIRECTORS ELECT THE OFFICERS. VACANCIES IN THESE TWO AREAS ARE FILLED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A REALTOR MEMBERS ELECT THE DIRECTORS AND DIRECTORS ELECT THE OFFICERS. VACANCIES IN THESE TWO AREAS ARE FILLED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B LIBOR HAS A LARGE BOARD OF DIRECTORS WHICH DELEGATES TO ITS EXECUTIVE COMMITTEE SUBSTANTIAL AUTHORITY WITH RESPECT TO GOVERNANCE, INCLUDING THE AUTHORITY FOR THE EXECUTIVE COMMITTEE TO APPROVE/RATIFY THE FORM 990 AT THE EXECUTIVE COMMITTEE MEETING EACH YEAR. BEFORE THE EXECUTIVE COMMITTEE APPROVES THE FORM 990, THEY REVIEW, ASK QUESTIONS, AND DISCUSS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO THE OFFICERS, DIRECTORS, VOLUNTEER COMMITTEE MEMBERS, THE CHIEF EXECUTIVE OFFICER (CEO) AND KEY EMPLOYEES ON A YEARLY BASIS. SAID PERSONS MUST REPORT ANY CONFLICTS IN WRITING ON A DISCLOSURE FORM PROVIDED WITH THE CONFLICT OF INTEREST POLICY. SAID PERSONS ARE ALSO ADVISED THAT ANY TIME THEY BECOME AWARE OF ANY ACTUAL OR POTENTIAL CONFLICT, OR IF THE INFORMATION PREVIOUSLY PROVIDED BECOMES INACCURATE OR INCOMPLETE, THEY MUST NOTIFY LIBOR IN WRITING. ALL COMPLETED FORMS ARE PROVIDED TO AND REVIEWED BY THE LIBOR PRESIDENT (EXCEPT FOR THE LIBOR PRESIDENT'S FORM, WHICH IS PROVIDED TO THE CHIEF EXECUTIVE OFFICER). LIBOR LEADERS WITH ACTUAL OR POTENTIAL CONFLICTS MUST IMMEDIATELY DISCLOSE ALL FACTS MATERIAL TO THE ACTUAL OR POTENTIAL CONFLICT TO THE BOARD OF DIRECTORS PRIOR TO OR AT THE OUTSET OF ANY DISCUSSIONS BY LIBOR PERTAINING TO THE BUSINESS. IF SAID CONFLICT OCCURS PRIOR TO A MEETING OF THE BOARD OF DIRECTORS, SUCH CONFLICT SHALL BE COMMUNICATED IN WRITING TO THE PRESIDENT THROUGH THE LIBOR CEO. IF THE CONFLICT ARISES DURING A MEETING, SUCH DISCLOSURE SHALL BE COMMUNICATED VERBALLY TO THE PRESIDENT. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT EXISTS, THE DECISION MAKING BODY WILL DETERMINE WHETHER THERE EXISTS A CONFLICT THAT IS SUBJECT TO THE POLICY. IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE THAT A LEADER HAS FAILED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, IT SHALL INFORM THE LEADER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE LEADER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE LEADER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OF DIRECTORS DETERMINES THAT THE LEADER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE CORRECTIVE ACTION. THE BOARD SHOULD CONSULT WITH LEGAL COUNSEL BEFORE TAKING ANY ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE BASED ON THE TERMS OF THE CONTRACT WITH THE CEO. INFORMATION IS GATHERED BY THE COMPENSATION COMMITTEE. ALTHOUGH THE CHIEF EXECUTIVE OFFICER RECEIVES ALL OF THEIR COMPENSATION FROM LIBOR, A PERCENTAGE OF THEIR COMPENSATION IS ALLOCATED TO ONEKEY AND GETS REIMBURSED TO LIBOR. INDUSTRY SOURCES ARE REVIEWED PERIODICALLY AND THE CEO'S PERFORMANCE IS REVIEWED BY THE COMPENSATION COMMITTEE TO DETERMINE ANY SALARY ADJUSTMENT. OTHER OFFICER AND KEY EMPLOYEE COMPENSATION ARE BASED UPON COMPARABLE INFORMATION GATHERED BY THE CEO AND DIRECTOR OF HUMAN RESOURCES FROM INDUSTRY SOURCES AND ON LINE SALARY SOURCES FOR JOB SEARCHES. FORM 990, PART VI, SECTION C, LINE 19 LIBOR'S GOVERNING DOCUMENTS (BYLAWS) AND ITS POLICY & PROCEDURE MANUAL ARE INCLUDED ON ITS WEBSITE, WHEREAS LIBOR'S CONFLICT OF INTEREST POLICY, FORM 990 AND RELATED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST BY APPOINTMENT DURING NORMAL BUSINESS HOURS. A STATEMENT TO THIS EFFECT IS ON LIBOR'S PUBLIC WEBSITE. FORM 990, PART VII SECTION A MEMBERS OF THE BOARD OF DIRECTORS RECEIVE TRAVEL EXPENSE REIMBURSEMENT IN THE AMOUNT OF $25 PER IN PERSON BOARD MEETING ATTENDED. LIBOR COMMITTEE MEMBERS OR DIRECTORS WHO ARE ALSO NAR DIRECTORS OR COMMITTEE MEMBERS RECEIVE A TRAVEL ALLOTMENT FOR THE CONVENTIONS THEY ATTEND. LIBOR MEMBERS WHO ARE ALSO NYSAR COMMITTEE MEMBERS AND NYSAR DIRECTORS RECEIVE A TRAVEL ALLOTMENT FOR THE CONVENTIONS THEY ATTEND. THE ALLOTMENT AMOUNT DEPENDS ON WHERE THE CONVENTION IS EACH YEAR AND HOW MANY NIGHTS THE DIRECTORS/COMMITTEE MEMBERS STAY. THE ALLOTMENT IS TO OFFSET EXPENSES INCURRED ON BEHALF OF SERVING IN THEIR CAPACITY FOR LIBOR. FORM 990, PART VII SECTION A BARBARA A. BUCOVETSKY RECEIVED COMPENSATION FROM LIBOR FOR OMBUDSMAN SERVICES PERFORMED, WHICH SERVICES WERE UNRELATED TO HER MEMBERSHIP ON THE BOARD OF DIRECTORS. RAO A SHAN KHAN RECEIVED COMPENSATION FROM LIBOR FOR TEACHING ACTIVITIES PERFORMED, WHICH SERVICES WERE UNRELATED TO HIS MEMBERSHIP ON THE BOARD OF DIRECTORS. FORM 990, PART XI, LINE 9: INVESTMENT IN SUNRISE CAPITAL HOLDING CORP 3,383,893. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. COVE 346 LLC 346 SUNRISE HWY WEST BABYLON NY 11704 832087474 REAL ESTATE RENTAL NY 412623 1172736 SUNRISE CAPITAL HOLDING CORP ONEKEY MLS LLC 300 SUNRISE HWY WEST BABYLON NY 11704 831996048 REAL ESTATE LISTING SERVICE NY SUNRISE CAPITAL HOLDING CORP RELATED 3091360 19590267 0 1 0.67700 SUNRISE CAPITAL HOLDING CORP 300 SUNRISE HIGHWAY WEST BABYLON NY 11704 112238782 REAL ESTATE LISTING SERVICE NY LIBOR C 2307495 20636937 1.00000 0 COVE INDUSTRIES INC 300 SUNRISE HIGHWAY WEST BABYLON NY 11704 132813120 REAL ESTATE RENTAL NY SUNRISE CAPITAL HOLDING CORP C 663774 2672101 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 ONEKEY MLS LLC O 2509355 FAIR MARKET VALUE ONEKEY MLS LLC Q 632413 FAIR MARKET VALUE