2023-11-08T10:12:34-05:00 2022-12-31 561393362 ROBERTSON NEAL & COMPANY LLP PO BOX 1269 HIGH POINT NC 272611269 990 2022-01-01 560488849 NORTH CAROLINA ASSOCIATION OF REALTORS INC NORT 3362941415 4511 WEYBRIDGE LANE GREENSBORO NC 27407 ANDREA BUSHNELL CEO (NON-VOTE) 3362941415 2023-11-15 true ANDREA BUSHNELL false JANICE E STEEDE CPA P00005661 3368412198 2023-11-08 2022 2023-04-26 12:10:37Z ANDREA BUSHNELL 4511 WEYBRIDGE LANE GREENSBORO NC 27407 15504580 false X WWW.NCREALTORS.ORG X 1935 NC SEE SCHEDULE O 143 143 47 188667 187667 11500 34700 10884353 11733956 478636 93489 16991 18561 11391480 11880706 1160112 1356329 0 3772798 3964279 0 0 3086680 4916179 8019590 10236787 3371890 1643919 31160587 31352861 5303324 5026413 25857263 26326448 TO PROMOTE THE COMMON INTEREST OF PRACTICING REALTORS IN THE STATE OF NORTH CAROLINA BY PROVIDING SERVICES AND RESOURCES TO AID IN THEIR SUCCESS. false false 10236787 1356329 11733956 PROMOTED COMMON BUSINESS INTERESTS OF OVER 56,500 PRACTICING REALTOR MEMBERS IN THE STATE OF NORTH CAROLINA BY: PRESERVING AND PROMOTING THE RIGHT TO OWN, TRANSFER AND USE REAL PROPERTY; MAINTAINING A LEADERSHIP ROLE IN THE LEGISLATIVE, POLITICAL AND REGULATORY PROCESS; PROMOTING AND MAINTAINING THE HIGHEST ETHICAL STANDARDS; DEVELOPING AND PROVIDING THE BEST EDUCATION, PRODUCTS AND SERVICES; PROMOTING HOUSING AFFORDABILITY. 10236787 false true false true false false false false false true false false false false false false true false false false false false false false false false true true true false false false false false false false false false false false true true true false true 40 0 47 true true true false false false false false false false X 143 143 false false false false false false false true true false false true true false true true true true false false X X BRYAN M JENKINS 3362941415 4511 WEYBRIDGE LANE GREENSBORO NC 27407 ANDREA BUSHNELL CEO (NON-VOT 40.00 X X 425239 0 35715 MARK ZIMMERMAN SR VICE PRES 40.00 X 227332 0 21180 BRYAN M JENKINS CFO 40.00 X 184948 0 21258 JESSICA HUGHES COO 40.00 X 156783 0 15330 CAITLIN THOMPSON CHIEF LEGAL 40.00 X 140604 0 18859 SARA MCKENZIE ALLEN VP COMM & MA 40.00 X 135435 0 14225 MARY T LOWE VP MEMBER EN 40.00 X 118337 0 5861 RAY ALEXANDER DIRECTOR 2.00 X 0 0 0 DENISE ALLAN DIRECTOR 2.00 X 0 0 0 DENISE ALLEN DIRECTOR 2.00 X 0 0 0 LEE ALLEN DIRECTOR 2.00 X 0 0 0 DONNA AUSTIN DIRECTOR 2.00 X 0 0 0 KIM BAKER DIRECTOR 2.00 X 0 0 0 MARCIA BALTIMORE DIRECTOR 2.00 X 0 0 0 JEFFREY BARFIELD DIRECTOR 2.00 X 0 0 0 STEVE BARNES DIRECTOR 2.00 X 0 0 0 CHESTER BARTLETT DIRECTOR 2.00 X 0 0 0 ARIC B BEALS DIRECTOR 2.00 X 0 0 0 EMILY BISH DIRECTOR 2.00 X 0 0 0 SARA BLACK DIRECTOR 2.00 X 0 0 0 TONEY BLACK DIRECTOR 2.00 X 0 0 0 COLLEEN BLONDELL DIRECTOR 2.00 X 0 0 0 CAROL BRADLEY DIRECTOR 2.00 X 0 0 0 MARSHA BRICKER DIRECTOR 2.00 X 0 0 0 DOUG BRINDLEY DIRECTOR 2.00 X 0 0 0 MAREN L BRISSON-KUESTER PAST PRESIDE 2.00 X 0 0 0 LORI BROOKS DIRECTOR 2.00 X 0 0 0 DAVID BROWN DIRECTOR 2.00 X 0 0 0 JENNIFER BROWN DIRECTOR 2.00 X 0 0 0 LEIGH BROWN PRESIDENT-EL 2.00 X X 0 0 0 PAM BUCK DIRECTOR 2.00 X 0 0 0 CINDIE BURNS DIRECTOR 2.00 X 0 0 0 BRET BUSHNELL DIRECTOR 2.00 X 0 0 0 MICHAEL CARTER DIRECTOR 2.00 X 0 0 0 JOSHUA CARUSO DIRECTOR 2.00 X 0 0 0 JAKE CASHION DIRECTOR 2.00 X 0 0 0 DUANE CASSIDA DIRECTOR 2.00 X 0 0 0 BOBBIE COLLINS DIRECTOR 2.00 X 0 0 0 SOFIA CRISP DIRECTOR 2.00 X 0 0 0 ALLEN DARGINS DIRECTOR 2.00 X 0 0 0 MARY GRACE DAUGHTRIDGE DIRECTOR 2.00 X 0 0 0 KIMBERLY L DAWSON DIRECTOR 2.00 X 0 0 0 GAYE DEVOE DIRECTOR 2.00 X 0 0 0 HEATHER DODSON DIRECTOR 2.00 X 0 0 0 HARRIETTE H DOGGETT DIRECTOR 2.00 X 0 0 0 RACHEL ELLIOTT DIRECTOR 2.00 X 0 0 0 TREASURE FAIRCLOTH DIRECTOR 2.00 X 0 0 0 GEENA FIE DIRECTOR 2.00 X 0 0 0 JOHN FLETCHER DIRECTOR 2.00 X 0 0 0 JENNIFER FRANKLIN-ROWE DIRECTOR 2.00 X 0 0 0 JENNIFER L FRONTERA DIRECTOR 2.00 X 0 0 0 PAM FURTNEY DIRECTOR 2.00 X 0 0 0 THOMAS GALE DIRECTOR 2.00 X 0 0 0 PETER GALLO DIRECTOR 2.00 X 0 0 0 BRUCE GATES DIRECTOR 2.00 X 0 0 0 JOHN LEWIS GODFREY DIRECTOR 2.00 X 0 0 0 THOMAS A GONGAWARE DIRECTOR 2.00 X 0 0 0 CHRISTY GRIFALDO DIRECTOR 2.00 X 0 0 0 LEWIS E GRUBBS DIRECTOR 2.00 X 0 0 0 BRAD GURLEY DIRECTOR 2.00 X 0 0 0 REBECCA HARPER DIRECTOR 2.00 X 0 0 0 WENDY HARRIS PRESIDENT 2.00 X X 0 0 0 CINDI HASTINGS DIRECTOR 2.00 X 0 0 0 BRENDA D HAYDEN DIRECTOR 2.00 X 0 0 0 SHAWN HAYS DIRECTOR 2.00 X 0 0 0 MICHELLE HOBAUGH DIRECTOR 2.00 X 0 0 0 EDWARD F BAESEL III DIRECTOR 2.00 X 0 0 0 ANN MARIE JANNI DIRECTOR 2.00 X 0 0 0 TIFFANY JOHANNES DIRECTOR 2.00 X 0 0 0 MACOY JONES DIRECTOR 2.00 X 0 0 0 FRANK S DERONJA JR DIRECTOR 2.00 X 0 0 0 PHILLIP JOHNSON JR DIRECTOR 2.00 X 0 0 0 TAYLOR KASTNER DIRECTOR 2.00 X 0 0 0 KIMBERLY KENDALL DIRECTOR 2.00 X 0 0 0 DAVID KENNEDY DIRECTOR 2.00 X 0 0 0 LAURIE KNUDSEN TREASURER 2.00 X X 0 0 0 MADALYN KUNOW DIRECTOR 2.00 X 0 0 0 ROXANNA LEVAN DIRECTOR 2.00 X 0 0 0 JIM LEWIS DIRECTOR 2.00 X 0 0 0 LAURIE LINDER DIRECTOR 2.00 X 0 0 0 TODD D LONG DIRECTOR 2.00 X 0 0 0 SHERYL LOVE DIRECTOR 2.00 X 0 0 0 CHRISTINE MALLETTE DIRECTOR 2.00 X 0 0 0 KELLY R MARKS PAST PRESIDE 2.00 X X 0 0 0 ONYX MARTIN DIRECTOR 2.00 X 0 0 0 MARK MATHEWS DIRECTOR 2.00 X 0 0 0 KRISTI MAY DIRECTOR 2.00 X 0 0 0 TIM MCBRAYER DIRECTOR 2.00 X 0 0 0 PATRICK MCDOWELL DIRECTOR 2.00 X 0 0 0 PAUL MCGILL DIRECTOR 2.00 X 0 0 0 MELISSA MCKINNEY DIRECTOR 2.00 X 0 0 0 MARTY MCLAUGHLIN DIRECTOR 2.00 X 0 0 0 JOHN MCPHERSON DIRECTOR 2.00 X 0 0 0 HILBURN MICHEL DIRECTOR 2.00 X 0 0 0 KIMBERLY MILLS DIRECTOR 2.00 X 0 0 0 KIMBERLY MILLS DIRECTOR 2.00 X 0 0 0 STEVEN MITCHELL DIRECTOR 2.00 X 0 0 0 JONATHAN MOORE DIRECTOR 2.00 X 0 0 0 MARBELIA MURILLO DIRECTOR 2.00 X 0 0 0 CAROL MYERS DIRECTOR 2.00 X 0 0 0 BEVERLY F NEWELL DIRECTOR 2.00 X 0 0 0 DAVID NOYES DIRECTOR 2.00 X 0 0 0 JOHN T OGBURN DIRECTOR 2.00 X 0 0 0 AMANDA PARMER DIRECTOR 2.00 X 0 0 0 DAVID PATNEAUDE DIRECTOR 2.00 X 0 0 0 ROBERT BOB PERCESEPE DIRECTOR 2.00 X 0 0 0 NATHAN PERRY DIRECTOR 2.00 X 0 0 0 TERESA PITT DIRECTOR 2.00 X 0 0 0 ERIKA PITTMAN DIRECTOR 2.00 X 0 0 0 ROBIN POND DIRECTOR 2.00 X 0 0 0 MICHAEL RAINES DIRECTOR 2.00 X 0 0 0 CYNTHIA REMAHL DIRECTOR 2.00 X 0 0 0 KAREN ROBERTS DIRECTOR 2.00 X 0 0 0 CATHY ROBERTSON DIRECTOR 2.00 X 0 0 0 GINGER ROBLES DIRECTOR 2.00 X 0 0 0 KURT ROGERSON DIRECTOR 2.00 X 0 0 0 BROOKE RUDD-GAGLIE DIRECTOR 2.00 X 0 0 0 EA RUTH DIRECTOR 2.00 X 0 0 0 CYNTHIA RYAN DIRECTOR 2.00 X 0 0 0 DAVID SATTELMEYER DIRECTOR 2.00 X 0 0 0 WALLACE SHEALY DIRECTOR 2.00 X 0 0 0 AMANDA SMITH DIECTOR 2.00 X 0 0 0 CHARISMA SMITH DIRECTOR 2.00 X 0 0 0 RENEE K SMITH DIRECTOR 2.00 X 0 0 0 TOM E SMITH DIRECTOR 2.00 X 0 0 0 MARGARET A SOPHIE DIRECTOR 2.00 X 0 0 0 KEVIN STARKEY DIRECTOR 2.00 X 0 0 0 SUZANNE STRENGTH DIRECTOR 2.00 X 0 0 0 JACOB SUTHERLAND DIRECTOR 2.00 X 0 0 0 LARRY TERRY DIRECTOR 2.00 X 0 0 0 GRADY A THOMAS DIRECTOR 2.00 X 0 0 0 DERRICK THORNTON DIRECTOR 2.00 X 0 0 0 LINDA TREVOR DIRECTOR 2.00 X 0 0 0 JOSHUA TUCKER DIRECTOR 2.00 X 0 0 0 ADAM UPCHURCH DIRECTOR 2.00 X 0 0 0 TIM UPCHURCH DIRECTOR 2.00 X 0 0 0 KATHY VETTEN DIRECTOR 2.00 X 0 0 0 JULIUS WAGGONER DIRECTOR 2.00 X 0 0 0 STEPHANIE WALKER DIRECTOR 2.00 X 0 0 0 KATIE WANGRIN DIRECTOR 2.00 X 0 0 0 PAM WEBB DIRECTOR 2.00 X 0 0 0 PATRICE WILLETTS DIRECTOR 2.00 X 0 0 0 DEBBIE WILLIAMS DIRECTOR 2.00 X 0 0 0 LESLIE M WILLIAMS DIRECTOR 2.00 X 0 0 0 SUSAN WILLIAMS DIRECTOR 2.00 X 0 0 0 MICHAEL WONG DIRECTOR 2.00 X 0 0 0 EMILY WOOD DIRECTOR 2.00 X 0 0 0 JOHN WOOD DIRECTOR 2.00 X 0 0 0 JAMIE YOUNG DIRECTOR 2.00 X 0 0 0 MYRA ZOLLINGER DIRECTOR 2.00 X 0 0 0 1388678 132428 7 false true false MARTIN & GIFFORD PLLC 301 N MAIN STREET SUITE 2200 WINSTON SALEM NC 27101 LEGAL CONSULT 333169 CADY THOMAS CONSULTING LLC 2009 FAIRVIEW RD SUITE 6523 RALEIGH NC 27628 CONSULTING 191229 2 25000 9700 34700 DUES & ASSESSMENTS 900099 10778937 10778937 OTHER PROGRAM SERVICE REVENUE 900099 515590 515590 EVENT & SEMINAR FEES 541900 177979 177979 MANAGEMENT SERVICES 900099 168306 168306 SPONSORSHIPS 900099 91344 91344 1800 1800 11733956 236311 236311 3481052 3623874 -142822 -142822 -142822 INSIGHT & WEB ADVERTISING 541800 18561 18561 18561 11880706 11421028 188667 236311 1349356 1349356 6973 6973 1187958 1187958 2776321 2776321 390126 390126 58047 58047 120761 120761 681658 681658 146952 146952 165725 165725 427967 427967 690172 690172 219868 219868 48030 48030 ISSUE ADVOCACY 1192820 1192820 FORMS SOFTWARE FOR MEMBER 684428 684428 PAC ADMIN EXPENSE 89625 89625 10236787 10236787 0 0 400 400 13669175 12913084 226776 381706 429733 453247 9442113 2063969 7544196 7378144 9286307 10222280 4000 4000 31160587 31352861 243060 686904 5060264 4339509 5303324 5026413 X 25857263 26326448 25857263 26326448 31160587 31352861 1643919 -1174734 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true 10757446 1362510 -3662427 -2299917 1859962 -4159879 1531427 1531427 7150248 1383062 5767186 760438 680907 79531 7378144 SCHEDULE D, PAGE 4, PART XIII PART X - INCOME TAXES NCR IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE TAX STATUTES. NCR IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES FOR ROYALTIES RECEIVED FROM NCAR SERVICE CORPORATION, RENT, ADVERTISING, AND MANAGEMENT SERVICES REVENUE THAT EXCEEDS RELATED EXPENSES. AT DECEMBER 31, 2022 AND 2021, THERE WAS A FEDERAL NET OPERATING LOSS CARRYFORWARD OF 679,462 AND 610,605, RESPECTIVELY, AND A STATE NET OPERATING LOSS TAX CARRYFORWARD OF 284,068 AND 296,473, RESPECTIVELY. THE NET OPERATING LOSS CARRYFORWARDS BEGIN TO EXPIRE IN 2025 FOR FEDERAL PURPOSES AND BEGAN EXPIRING IN 2020 FOR STATE PURPOSES. NCR'S WHOLLY-OWNED SUBSIDIARY IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. AT DECEMBER 31, 2022 AND 2021, NCAR SERVICE CORPORATION HAD A FEDERAL TAX LIABILITY OF 0 AND 0, RESPECTIVELY, AND A STATE TAX LIABILITY OF 0 AND 0, RESPECTIVELY. THE TAX RETURNS FOR THE ORGANIZATION AND ITS SUBSIDIARY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE NORTH CAROLINA DEPARTMENT OF REVENUE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. true REALTORS RELIEF FOUNDATION 430 N MICHIGAN AVENUE CHICAGO IL 60611 364468109 501C7 410000 CONTRIBUTION ECONOMIC DEVELOPMENT PARTNERSHIP OF NC INC 15000 WESTON PARKWAY CARY NC 27513 464840814 501C3 50000 CONTRIBUTION NC HOUSING OPPORTUNITY FOUNDATION 4511 WEYBRIDGE LANE GREENSBORO NC 27407 450530518 501C7 290742 CONTRIBUTION NC PROPERTY RIGHTS FUND INC 4511 WEYBRIDGE LANE GREENSBORO NC 27407 205345771 527 574505 CONTRIBUTION CANOPY REALTOR ASSOCIATION 1120 PEARL PARK WAY STE 200 CHARLOTTE NC 28204 560174058 6000 CONTRIBUTION 1 4 AE SCHOLARSHIPS 7 6973 SCHEDULE I, PAGE 1, PART I, LINE 2 NCAR MONITORS GRANT EXPENSES BY SEGREGATING THEM BY ACCOUNT CODE AND REVIEWING THE EXPENDITURES WHEN MANAGEMENT AND LEADERSHIP REVIEW INTERNAL FINANCIAL STATEMENTS. EXTERNAL GRANT REPORTING REQUIREMENTS ARE NOTED AND OBSERVED BY APPROPRIATE STAFF. X true true X X X X X false false false ANDREA BUSHNELL CEO (NON-VOTE) 398077 26400 762 15525 20190 460954 MARK ZIMMERMAN SR VICE PRESIDENT 215201 11735 396 11736 9444 248512 BRYAN M JENKINS CFO 169458 15400 90 10012 11246 206206 JESSICA HUGHES COO 142418 14305 60 8087 7243 172113 CAITLIN THOMPSON CHIEF LEGAL OFFICER 126431 14080 93 7694 11165 159463 FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, THE TREASURER AND THE CHIEF EXECUTIVE OFFICER PRIOR TO SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL VOLUNTEER OFFICERS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS. SIGNED COPIES OF ACKNOWLEDGEMENT ARE RETURNED TO THE ASSOCIATION'S OFFICE FOR RETENTION. ANY ITEM THAT IS NOTED BY ANY VOLUNTEER AS BEING A POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY LEGAL COUNSEL AND THEN DISCUSSED BY THE LEADERSHIP TEAM. THE LEADERSHIP TEAM DETERMINES THE APPROPRIATE STEPS NECESSARY TO ALLEVIATE, MONITOR AND DEAL WITH CONFLICTS, SUCH AS RESTRICTING THE ACTIONS OF PERSONS WITH A CONFLICT BY PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATION AND DECISIONS FOR A PARTICULAR TRANSACTION. STAFF MEMBERS WHO ARE OFFICERS OR KEY EMPLOYEES ARE REMINDED TO COMMUNICATE CONFLICT OF INTERESTS TO THE ASSOCIATION DURING THEIR ANNUAL REVIEW PROCESS. A WRITTEN CONFLICT OF INTEREST POLICY FOR STAFF MEMBERS WHO ARE OFFICERS OR KEY EMPLOYEES OF THE ASSOCIATION IS CURRENTLY IN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 15A FOR THE COMPENSATION PROCESS FOR THE TOP OFFICIAL, THE ADMINISTRATIVE COMMITTEE PERFORMS REVIEWS OF THE CHIEF EXECUTIVE OFFICER ONCE PER YEAR. COMPENSATION IS DETERMINED AND ADJUSTED BASED ON OUTSIDE INFORMATION RELATED TO SIMILAR POSITIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S BYLAWS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL BOARD MEMBERS AND IS AVAILABLE TO GENERAL MEMBERSHIP UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERSHIP UPON REQUEST. TAX RETURNS ARE MADE AVAILABLE UPON REQUEST AND ARE ALSO AVAILABLE ON A PUBLIC WEBSITE. NC HOUSING OPPORTUNITY FOUNDATION 4511 WEYBRIDGE LANE GREENSBORO NC 27407 450530518 HOUSING NC 501 7 NA false NC PROPERTY RIGHTS FUND INC (FORMERLY NC HOMEOWNERS ALLIANCE) PO BOX 4574 GREENSBORO NC 27404 204345771 ADVOCACY NC 527 NA false NC REALTORS POLITICAL ACTION COM 4511 WEYBRIDGE LANE GREENSBORO NC 27407 561061848 ADVOCACY NC 527 N/A false NCAR SERVICE CORPORATION 4511 WEYBRIDGE LANE GREENSBORO NC 27407 561737585 SERVICE NC N/A false true true false false false false false false false false false true false true true true true false false NC PROPERTY RIGHTS FUND B 574505 CASH NC RPAC O 199560 CASH NCAR SERVICE CORPORATION Q 171256 CASH NC PROPERTY RIGHTS FUND L 69366 CASH NC HOUSING OPPORTUNITY FOUNDATION L 94500 CASH NC HOUSING OPPORTUNITY FOUNDATION B 290742 CASH NATIONAL ASSOCIATION OF REALTORS B 400000 CASH NATIONAL ASSOCIATION OF REALTORS P 52908 CASH