2026-09-15T03:58:26-00:00 2025-10-31 821650312 Alta CPA Group 59 Franklin St 2nd Floor Annapolis MD 21401 990 2024-11-01 520728385 MARYLAND ASSOCIATION OF REALTORS INC MARY 4437163500 200 HARRY S TRUMAN PARKWAY APT 200 ANNAPOLIS MD 21401 BO PATTEN CEO 4437163500 2026-09-15 true Jeffrey Griffith P01081433 4103495101 2026-09-15 2024 CHRIS HILL 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 8620540 false X MDREALTOR.ORG X 1955 MD THE MARYLAND ASSOCIATION OF REALTORS EXISTS TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP AND THEIR SPECIALTIES. CONTINUED ON SCHEDULE O 35 35 25 35 -773327 73825 130984 6536557 6457054 727525 692870 -119334 -766091 7218573 6514817 0 0 2426633 2914744 0 0 3834208 4024947 6260841 6939691 957732 -424874 30370555 30850391 2236871 2236244 28133684 28614147 X THE MARYLAND ASSOCIATION OF REALTORS EXISTS TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP AND THEIR SPECIALTIES. CONTINUED ON SCHEDULE O false false THE LEGAL DEPARTMENT PROVIDES LEGAL HOTLINE SERVICES TO MEMBERS, STAFFS THE STATEWIDE FORMS, COMMERCIAL AND REAL PROPERTY OPERATIONS COMMITTEES AND DELIVERS PROFESSIONAL STANDARDS TRAINING TO LOCAL BOARDS. THE LEGAL DEPARTMENT STAFF ALSO VISITS COMPANY OFFICES FOR INFORMAL MEETINGS TO PROVIDE UPDATES AND SUPPLIES INSTRUCTORS FOR CONTINUING EDUCATION CLASSES REQUIRED BY MARYLAND REAL ESTATE LICENSE LAW. THE EDUCATION DEPARTMENT ADMINISTERS AND MONITORS THE REALTOR INSTITUTE PROGRAM THROUGHOUT THE STATE, THE LEADERSHIP ACADEMY, AND ASSISTED MARS MEDIATION PROVIDER WITH EDUCATIONAL SUPPORT. THE EDUCATION DEPARTMENT CONTINUES TO PARTNER WITH THE ANNUAL CONFERENCE COMMITTEE TO PROVIDE AND TRACK EDUCATION PROGRAMS DURING MARS CONFERENCE AND WITH THE LEGAL DEPARTMENT TO ASSIST IN THE SCHEDULING AND MONITORING OF THE IN-HOUSE LOCAL PROFESSIONAL STANDARDS TRAINING SEMINARS, AND ASSISTS IN OTHER ACTIVITIES TO HELP SUPPORT EDUCATION INITIATIVES WITHIN MAR. THE COMMUNICATIONS AND MEMBER SERVICES DEPARTMENT PROVIDES FREE WEBINARS AND THE MAR REALTOR MAGAZINE TO MEMBERS CONTINUED SCHEDULE O false true false true false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false true true false false true 78 0 true 25 true false false false false false false false false false X 35 35 false false false false false true true true true false true true true true true true true true true true false MD X PATRICIA SCHMITT 4437163500 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 CHARLES A KASKY CHIEF EXECUTIVE OFFICER 035.00 X 332715 0 50735 PATRICIA D SCHMITT VP FINANCE 035.00 X 135048 0 17817 DANIEL PATRELL SR DIRECTOR OF STRATEGIC COMMUNICATIONS 035.00 X 133367 0 16644 SUSAN YASHINSKIE DIRECTOR OF PD AND ME 035.00 X 127013 0 3771 LISA MAY DIRECTOR OF ADVOCACY PUBLIC POLICY 035.00 X 109739 0 10923 MICHAEL CUNNINGHAM DIRECTOR OF INFORMATION TECHNOLOGY 035.00 X 106581 0 3750 SHANDELL GREEN PRESIDENTIAL APPOINTMENT 003.00 X 0 0 0 CHARISSE CALLENDER-SCOTT PRESIDENT-ELECT APPOINTMENT 003.00 X 0 0 0 BERNIE FLAX ASSOCIATION EXECUTIVE 003.00 X 0 0 0 RACHEL OSLUND DEI APPOINTMENT 003.00 X 0 0 0 JANE HUELLE DEI APPOINTMENT 003.00 X 0 0 0 PAM BATSTONE DIRECTOR 003.00 X 0 0 0 TIFFANY HARRIS DIRECTOR 003.00 X 0 0 0 KEN RODERICK DIRECTOR 003.00 X 0 0 0 M JACQUELINE BENNETT DIRECTOR 003.00 X 0 0 0 YVETTE RIPPEON DIRECTOR 003.00 X 0 0 0 PHIL DAVIS DIRECTOR 003.00 X 0 0 0 TERRENCE MCGOWAN DIRECTOR 003.00 X 0 0 0 TEREZ DORSEY DIRECTOR 003.00 X 0 0 0 NINA BEITZEL DIRECTOR 003.00 X 0 0 0 PAULA DIGGS SMITH DIRECTOR 003.00 X 0 0 0 PENNI WALKER DIRECTOR 003.00 X 0 0 0 CAITLIN MCKENNA DIRECTOR 003.00 X 0 0 0 SHANDELL GREEN DIRECTOR 003.00 X 0 0 0 KAREN EBEID DIRECTOR 003.00 X 0 0 0 CAROLE WEBB DIRECTOR 003.00 X 0 0 0 ANNETTE MATTHEWS DIRECTOR 003.00 X 0 0 0 SHEILA WASHBURN AT LARGE DIRECTOR 003.00 X 0 0 0 SHELIA WILLIAMS AT LARGE DIRECTOR 003.00 X 0 0 0 BRENDA KASUVA AT LARGE DIRECTOR 003.00 X 0 0 0 ALISON WISNOM AT LARGE DIRECTOR 003.00 X 0 0 0 RUSSELL BRAZIL AT LARGE DIRECTOR 003.00 X 0 0 0 GREG FISK AT LARGE DIRECTOR 003.00 X 0 0 0 NICK D' AMBROSIA LARGE FIRM DIRECTOR 003.00 X 0 0 0 KARA NORCUTT LARGE FIRM DIRECTOR 003.00 X 0 0 0 JULIE DAVIS LARGE FIRM DIRECTOR 003.00 X 0 0 0 DENISE LEWIS PRESIDENT 003.00 X 0 0 0 MELANIE GAMBLE PRESIDENT-ELECT 003.00 X 0 0 0 LARRY SMITH SECRETARY 003.00 X 0 0 0 CHRIS DREWER TREASURER 003.00 X 0 0 0 CHERYL ABRAMS DAVIS IMMEDIATE FORMER PRESIDENT 003.00 X 0 0 0 944463 103640 6 false true false SODEXO LIVE 1 INDEPENDENCE POINTE SUITE 305 GREENVILLE SC 29615 CATERING SERVICES 296136 IHEARTMEDIA ENTERTAINMENT INC FILE 56107 LOS ANGELES CA 900746107 ADVERTISING 177736 IRONMARK 9040 JUNCTION DRIVE ANNAPOLIS JUNCTION MD 20701 PRINTING 177643 MACKENZIE VENTURES 2328 WEST JOPPA ROAD STE 200 LUTHERVILLE MD 21093 PROFESSIONAL SERVICES 143040 BAKER DONELSON BEARMAN CALDWELL & PERKOWITZ PC 100 LIGHT STREET BALTIMORE MD 21202 LEGAL SERVICES 138413 10 130984 130984 MEMBERSHP DUES 900099 6270217 6270217 ANNUAL CONFERENCE 900099 159177 159177 EDUCATION PROGRAMS 900099 116482 116482 MAGAZINE ADVERTISING 900099 26690 26690 6457054 591553 591553 11029 11029 913209 1713226 -800017 -800017 -800017 493814 392497 101317 101317 101317 MISCELLANEOUS INCOME 900099 16430 16430 PROF. STANDARDS BOARD SERVICE 900099 6467 6467 22897 6514817 6453261 -773327 703899 X 0 0 0 0 382789 0 2258274 91929 0 181752 0 0 54996 0 56281 700679 0 167580 802876 0 293856 1391 0 973842 1560 0 81525 189541 RESEARCH 214017 MAGAZINE EXPENSES 285824 EDUCATION COMMUNITY EXPENSES 147953 INSTALLATION OF OFFICERS 53026 0 6939691 1591941 807037 6711620 6955544 63952 91393 165455 142966 22715746 11791531 11060045 10924215 6752505 7836157 3995251 4063293 29786 29786 30370555 30850391 181215 780743 1305870 1310574 695520 39381 54266 105546 2236871 2236244 X 28133684 28614147 28133684 28614147 30370555 30850391 -424874 905337 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 6270217 1015871 1015871 503190 512681 false 1925810 1925810 12899826 7518943 5380883 6773377 3323376 3450001 617062 576346 40716 499671 372866 126805 10924215 Financial derivatives and other financial products Closely-held equity interests CERTIFICATE OF DEPOSITS 4063293 F 4063293 Federal income taxes SECURITY DEPOSITS PAYABLE 105546 105546 X 9077099 905337 1713226 2618563 6458536 56281 56281 6514817 8596636 1713226 1713226 6883410 56281 56281 6939691 X 2 THE MARYLAND ASSOCIATION OF REALTORS, INC. IS EXEMPT FROM FEDERAL AND LOCAL INCOME TAXES UNDER SECTION 501C6 OF THE INTERNAL REVENUE CODE ON INCOME DERIVED FROM ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. FOR THE YEARS ENDED OCTOBER 31, 2025 AND 2024, THE ORGANIZATION DID NOT RECOGNIZE INCOME TAX EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. M.A.R. 200, LLC IS WHOLLY OWNED BY THE MARYLAND ASSOCIATION OF REALTORS, INC. AND ITS OPERATING RESULTS FLOW THROUGH TO THE MARYLAND ASSOCIATION OF REALTORS, INC. FOR TAX REPORTING PURPOSES. FOR THE YEARS ENDED OCTOBER 31, 2025 AND 2024, M.A.R. 200, LLC DID NOT HAVE ANY ACTIVITY CONSIDERED TO BE UNRELATED BUSINESS ACTIVITY, AND AS A RESULT, NO TAX PROVISION WAS RECOGNIZED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. 200 HST BUSINESS TRUST IS A DISREGARDED ENTITY OF WHICH M.A.R. 200, LLC IS A SOLE BENEFICIARY, AND ITS OPERATING RESULTS FLOW THROUGH TO THE MARYLAND ASSOCIATION OF REALTORS, INC. FOR TAX REPORTING PURPOSES. FOR THE YEARS ENDED OCTOBER 31, 2025 AND 2024, THE TRUST DID NOT RECOGNIZE INCOME TAX EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. X false false false false false false false false false CHARLES A KASKY CHIEF EXECUTIVE OFFICER 332715 9962 40773 383450 PATRICIA D SCHMITT VP FINANCE 135048 3645 14172 152865 DANIEL PATRELL SR DIRECTOR OF STRATEGIC COMMUNICATIONS 133367 4313 12331 150011 Form 990, Part III, Line 1 ORGANIZATIONS MISSION THROUGH COLLECTIVE EFFORTS WITH THE LOCAL BOARDS/ASSOCIATIONS AND THE NATIONAL ASSOCIATION OF REALTORS, MAR DEVELOPS AND DELIVERS PROGRAMS, SERVICES, AND RELATED PRODUCTS THAT MAINTAIN AND ELEVATE THE HIGH STANDARDS OF THE REAL ESTATE BUSINESS AND THE PROFESSIONAL CONDUCT OF ITS PRACTITIONERS ASSISTS MEMBERS IN SERVING THE PUBLIC ETHICALLY AND SUCCESSFULLY WITH THE HIGHEST DEGREE OF PROFESSIONAL ABILITY IN REAL ESTATE MATTERS PROMOTES AND PRESERVES THE RIGHT TO OWN, TRANSFER, AND USE REAL PROPERTY AND PROTECTS THE RIGHT OF MEMBERS TO CONDUCT BUSINESS WITHIN A FRAMEWORK OF FAIR AND REASONABLE LAWS AND GOVERNMENTAL REGULATIONS. IN PRINCIPLE AND IN PRACTICE, THE MARYLAND ASSOCIATION OF REALTORS VALUES AND SEEKS DIVERSITY AND INCLUSIVE PARTICIPATION WITHIN THE FIELD OF REAL ESTATE AND RECOGNIZES EACH MEMBER AS A UNIQUE INDIVIDUAL. Form 990, Part VI, Section A, Line 6 THE MEMBERS OF MAR CONSIST OF SIX 6 CLASSES A LOCAL BOARD/ASSOCIATIONS, B LOCAL BOARD/ASSOCIATION MEMBERS, C INDIVIDUAL MEMBERS, D INSTITUTE AFFILIATE MEMBERS, E AFFILIATE MEMBERS, AND F HONORARY MEMBERS. Form 990, Part VI, Section A, Line 7A THE ELECTION OF THE OFFICERS AND DISTRICT VICE PRESIDENTS IS HELD AT THE ANNUAL MEMBERSHIP MEETING OF MAR. VOTING IS LIMITED TO THE LOCAL BOARDS/ASSOCIATIONS AND TO INDIVIDUAL MEMBERS. Form 990, Part VI, Section A, Line 7B THE MAR BOD IS THE GOVERNING BODY UNDER THE BYLAWS. THE MAR BOD MEETS AT LEAST THREE TIMES A YEAR. MEMBERS ARE REPRESENTED ON THE BOARD OF DIRECTORS THROUGH THEIR LOCAL BOARDS AND THROUGH AT LARGE POSITIONS OPEN TO ANY MEMBER IN GOOD STANDING MEETING QUALIFICATIONS. OFFICERS ARE ELECTED AND BYLAWS AMENDED BY MEMBERS AT THE ANNUAL GENERAL MEMBERSHIP MEETING AT WHICH MEMBERS ARE ELECTED BY THE PRESIDENTS OF THE LOCAL BOARDS REPRESENTING THEM. Form 990, Part VI, Section B, Line 111B THE 990 IS REVIEWED AND APPROVED BY THE COMPANYS CEO AND/OR TREASURER BEFORE BEING FILED. Form 990, Part VI, Section B, Line 12C COMMITTEE MEMBERS ARE CHOSEN ON A YEARLY BASIS BY THE CURRENT PRESIDENT-ELECT, SECRETARY, AND CEO FOR COMMITTEE POSITIONS FOR THE NEXT FISCAL YEAR. ALL OFFICER POSITIONS ARE ELECTED POSITIONS BY THE MAR BOD. RESUMES MUST BE PRESENTED ALONG WITH QUALIFICATIONS THAT PROHIBIT CONFLICT OF INTEREST. STAFF IS INSTRUCTED UPON HIRE AND REMINDED IN THE STAFF HANDBOOK AND AT PERIODIC MEETINGS THAT THEY MAY NOT PARTICIPATE IN ANY ACTIVITY THAT CONSTITUTES A CONFLICT OF INTEREST. COMMITTEE MEMBERS AND MEMBERS OF THE BOARD MUST SIGN A CONFLICT OF INTEREST POLICY PLEDGE ANNUALLY. Form 990, Part VI, Section B, Line 15A PER THE CEOS CONTRACT, THE MAR EXECUTIVE COMMITTEE MAY DETERMINE AN INCREASE IN SALARY OR MERIT BONUS SUBJECT TO THE ANNUAL BUDGET. ANNUALLY, THE PRESIDENT APPOINTS A TEAM OF OFFICERS OR MEMBERS OF THE EXECUTIVE COMMITTEE TO REVIEW THE CEOS PERFORMANCE AND LOOK AT COMPARABLE SALARY COMPARISONS BEFORE INITIATING ANY DISCUSSION/ACTION AT A MEETING OF THE EXECUTIVE COMMITTEE IN CLOSED SESSION. ALL STAFF SALARIES ARE DETERMINED BY THE CEO BASED ON COMPARABLE POSITIONS IN THE AREA, INDUSTRY, AND PERFORMANCE. Form 990, Part VI, Section C, Line 18 THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE TO THE PUBLIC ON WWW.GUIDESTAR.ORG. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL MAKE SUCH DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part III, Line 4A CONTINUED IN ORDER TO KEEP THEM INFORMED ON THE MOST UP-TO-DATE ISSUES INVOLVING THE INDUSTRY. THE PUBLIC POLICY DEPARTMENT CONTINUES TO MONITOR REALTOR ISSUES BEFORE THE MARYLAND STATE LEGISLATURE AND PROVIDES GOVERNMENT AFFAIRS SERVICES TO ALL LOCAL ASSOCIATIONS/BOARDS TO MONITOR ISSUES BEFORE LOCAL JURISDICTIONS. Form 990, Part IX, Line 11G CONSULTANTS 700,679 MAR 200 LLC 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 262232219 200 HST TRUSTEE MD 534390 MD ASSOCIATION OF REALTORS 200 HST BUSINESS TRUST 200 HARRY S TRUMAN PARKWAY ANNAPOLIS MD 21401 266441606 RENTAL REAL ESTATE MD 1159609 10330179 MD ASSOCIATION OF REALTORS false false false false false false false false false false false false false false false false false false false