2025-07-10T14:33:54-05:00 2024-11-30 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2023-12-01 460359167 REALTOR ASSOCIATION OF THE SIOUX EMPIRE INC REAL 6053344752 2415 W 57TH ST SIOUX FALLS SD 57108 JOSEPH ZIKA III CEO 6053344752 2025-07-09 1 1 LAURIE HANSON CPA P00851848 6053391999 2025-06-25 2023 2025-03-06 01:10:19Z JOSEPH ZIKA III 2415 W 57TH ST SIOUX FALLS SD 57108 4052603 0 X WWW.RASE-INC.ORG X 1920 SD TO FURTHER THE REAL ESTATE PROFESSION. 15 15 7 15 759577 0 0 25000 1655163 1406489 60784 55664 8825 13333 1724772 1500486 0 0 0 0 591185 518898 0 0 0 1147347 949441 1738532 1468339 -13760 32147 2264459 2268604 279418 220262 1985041 2048342 TO OFFER LEADERSHIP, INVOLVEMENT AND SUPPORT; ENCOURAGING THE MEMBERSHIP TO PROFESSIONALLY ACHIEVE THEIR GOALS AND SERVE ALL IN THE SPIRIT OF THE GOLDEN RULE. 0 0 REALTOR ASSOCIATION OF THE SIOUX EMPIRE, INC. (ORGANIZATION) WAS ORGANIZED AS A NONPROFIT CORPORATION TO PROVIDE SERVICES TO THE LOCAL REALTOR COMMUNITY. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 7 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 X CARRIE SCHAFER 6053344752 2415 W 57TH ST SIOUX FALLS SD 57108 KATE PATRICK PRESIDENT/INTERIM CEO (DEC-MAR) 5.00 X X 0 0 0 LARISSA LUTHER PRESIDENT ELECT 2.00 X X 0 0 0 CALLIE WOCKENFUSS FIRST VP 2.00 X X 0 0 0 LAURA WINGERT VICE PRESIDENT 2.00 X X 0 0 0 KATIE MILLIMAN TREASURER 5.00 X X 0 0 0 TARA ALLEN EX-OFFICIO 2.00 X X 0 0 0 SEAN LARSEN LOCAL DIRECTOR 2.00 X 0 0 0 ROGER RUSSELL LOCAL DIRECTOR 2.00 X 0 0 0 HADASS NEGI LOCAL DIRECTOR 2.00 X 0 0 0 MARCUS WALGRAVE STATE DIRECTOR 2.00 X 0 0 0 CLAY WILHELM STATE DIRECTOR 2.00 X 0 0 0 LARRY LUETKE STATE DIRECTOR 2.00 X 0 0 0 JOE GREEN STATE DIRECTOR 2.00 X 0 0 0 BRECK MILLER STATE DIRECTOR 2.00 X 0 0 0 TONYA MADSEN STATE DIRECTOR 2.00 X 0 0 0 KRISTEN GULSON CEO/CFO (UNTIL DEC 2023) 40.00 X 182092 0 5371 JACK ZIKA CEO (BEG FEB 2024) 40.00 X 0 0 0 182092 0 5371 1 0 1 0 0 25000 25000 MEMBERSHIP DUES 531390 1191775 471961 719814 OTHER FEES 531390 214714 174951 39763 1406489 29686 29686 2548707 2522729 25978 25978 25978 28940 25743 3197 3197 13430 3645 9785 9785 INCOME TAXES RECOVERY 900099 351 351 351 1500486 656697 759577 59212 171828 269803 5683 34003 37581 21355 31874 36085 52597 44496 386655 50075 86834 100198 38113 7653 MEMBER RELATIONS 31338 BANK CHARGES 29385 DUES AND SUBSCRIPTIONS 17855 ADVOCACY PROGRAM EXP 13183 1745 1468339 736483 640452 10328 17424 15864 21642 16785 9023 927930 374935 580291 552995 884292 1006319 20416 20749 2264459 2268604 156882 98681 109706 110286 12830 11295 279418 220262 X 1985041 2048342 1985041 2048342 2264459 2268604 32147 31154 0 X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 471961 10215 10215 14159 -3944 PART III-B, LINE 2A EXPENDITURES INCLUDE TRAVEL AND GOVERNMENT AFFAIRS EXPENSE. 174760 174760 514033 185530 328503 217187 189405 27782 21950 21950 552995 AFFILIATE DUES PAYABLE 11295 11295 X PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. GOLF OUTING 28940 28940 3600 4832 10856 5766 689 28940 28940 3600 4832 10856 5766 689 25743 3197 X 1 0 0 KRISTEN GULSON CEO/CFO (UNTIL DEC 2023) 113550 0 0 0 68542 0 5371 0 0 0 187463 0 0 0 PART I, LINE 4A KRISTEN GULSON RECEIVED A SIX-MONTH SEVERANCE PAYMENT OF $68,541.67. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE INCLUDES THE PRESIDENT, PRESIDENT-ELECT, FIRST VICE-PRESIDENT, VICE-PRESIDENT, TREASURER, AND EX-OFFICIO. THE COMMITTEE IS REPSONSIBLE FOR PERFORMING THE CEO'S PERFORMANCE REVIEW AND RECOMMENDING HER SALARY ADJUSTMENT. THEY ALSO COMPILE BOARD PACKETS, ATTEND STATE AND NATIONAL MEETINGS, AND ARE ABLE TO MAKE LIMITED DECISIONS BETWEEN BOARD MEETINGS. SIGNIFICANT ISSUES THAT ARISE BETWEEN MEETINGS ARE TAKEN TO THE FULL BOARD THROUGH EMAIL FOR DISCUSSION AND VOTE. FORM 990, PART VI, SECTION A, LINE 6 REALTOR MEMBERS - ENGAGED DIRECTLY IN THE PROFESSION OF REAL ESTATE, INCLUDING APPRAISERS. INSTITUTE AFFILIATE MEMBERS - HOLD A PROFESSIONAL DESIGNATION AWARDED BY AN INSTITUTE, SOCIETY OR COUNCIL AFFILIATED WITH THE NATIONAL ASSOCIATION OF REALTORS, BUT ARE NOT THEMSELVES REALTORS. AFFILIATE MEMBERS - ALL NONREALTOR PRIVATE BUSINESS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE REALTOR MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BY-LAWS NEED TO BE APPROVED BY A VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO THE EXECUTIVE COMMITTEE AND IS REVIEWED IN DETAIL BY THE PRESIDENT AND CEO. THE BOARD WILL RECEIVE A COPY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS, COMMITTEE MEMBERS, AND EMPLOYEES. THE CEO AND BOARD OF DIRECTORS DETERMINE WHETHER AN ACTUAL CONFLICT EXISTS, WITH THE BOARD MAKING THE FINAL DETERMINATION. PERSONS WITH A CONFLICT ARE ASKED TO EXCUSE THEMSELVES FROM THE DISCUSSION AND VOTING, AND MAY BE ASKED TO RESIGN FROM THE BOARD, DEPENDING UPON CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD IS AN INDEPENDENT PARTY THAT REVIEWS THE CEO COMPENSATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE IN THE OFFICE UPON REQUEST OF A MEMBER.