2023-11-01T07:22:13-05:00 2022-12-31 351489521 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990 2022-01-01 350413700 MIBOR REALTOR ASSOCIATION INC MIBO 3179565000 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 SHELLEY SPECCHIO CEO 3179565000 2023-08-17 1 SHELLEY SPECCHIO 999009999 0 AMANDA MEKO CPA P01062615 3172412999 2023-08-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHELLEY SPECCHIO 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 6129845 0 X WWW.MIBOR.COM X 1924 IN TO PROVIDE A PROFESSIONAL, SUPPORTIVE ENVIRONMENT FOR REAL ESTATE PROFESSIONALS IN INDIANA. 14 14 49 500 1717867 467 3068694 3301911 1719436 1722701 116002 191711 230532 204713 5134664 5421036 121204 122955 0 0 2661310 2760065 0 0 0 1881295 1886374 4663809 4769394 470855 651642 12276320 11833100 5560119 5733419 6716201 6099681 X MIBOR REALTOR ASSOCIATION, INC. (MIBOR) FORMED FOR THE PURPOSE OF DISCOVERING AND PROMOTING ACTIVITIES IN THE BEST INTEREST OF THE COMMUNITY AND OF ITS MEMBERS WITH RESPECT TO REAL PROPERTY, ITS OWNERSHIP AND USE, TOWARD PROVIDING A BETTER COMMUNITY IN WHICH TO LIVE AND WORK. ITS ACTIVITIES INCLUDE DEVELOPING AND PUBLICIZING THE BENEFITS INHERENT IN OWNERSHIP OF REAL PROPERTY, FACILITATING ITS EXCHANGE, DEVELOPMENT, MANAGEMENT, FINANCING, AND CONSTRUCTION; ASSEMBLING AND DISSEMBLING INFORMATION PERTINENT TO ALL PHASES OF REAL PROPERTY OWNERSHIP AND ACTIVITY; REQUIRING A HIGH STANDARD OF ETHICS; IMPROVING STANDARDS OF PRACTICE; PROMOTING COOPERATION AND STIMULATING EDUCATION ON THE PART OF ALL THOSE WHOSE BUSINESS ACTIVIITY RELATES TO REAL PROPERTY. MIBOR PARTICIPATES IN CIVIC ACTIVITY RELATING TO REAL PROPERTY, INCLUDING BUT NOT LIMITED TO PLANNING, ZONING, TAXATION, AND URBAN RENEWAL. 0 0 PROMOTE IMPORTANCE AND VALUE OF UTILIZING A REALTOR IN A REAL ESTATE TRANSACTION BECAUSE OF HIS OR HER KNOWLEDGE AND EXPERTISE. TO HELP CREATE A HEALTHY REAL ESTATE MARKET BY SUPPORTING ORGANIZATIONS WHO:1. HELP CREATE A STRONG WORKFORCE2. DEVELOP HEALTHY COMMUNITIES3. IMPROVE AWARENESS OF HOUSING OPPORTUNITIES AND ISSUES EDUCATE AND INFORM MEMBERS ABOUT REAL ESTATE ETHICS AND OTHER ISSUES TO HELP ENABLE AN ORDERLY MARKETPLACE FOR REAL ESTATE TRANSACTIONS. 0 0 1 1 0 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 6 0 1 49 1 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X DWAYNE MCCOY CHIEF FINANCIAL OFFICER 3179565000 1912 N MERIDIAN ST INDIANAPOLIS IN 46202 STACY WEST PRESIDENT 0.00 X X 0 0 0 CLAY BOWDEN PRESIDENT ELECT 0.00 X X 0 0 0 DUSTIN SICKINGER DIRECTOR 0.00 X 0 0 0 CAROLE SNYDER DIRECTOR 0.00 X 0 0 0 GLENN BILL DIRECTOR 0.00 X 0 0 0 JULIE CATTON DIRECTOR 0.00 X 0 0 0 MARK NOTTINGHAM DIRECTOR 0.00 X 0 0 0 STEVE THOMPSON DIRECTOR 0.00 X 0 0 0 ROBYN BREECE DIRECTOR 0.00 X 0 0 0 REGINA JONES DIRECTOR/PAST PRESIDENT 0.00 X 0 0 0 JUSTIN STRANGE DIRECTOR 0.00 X 0 0 0 ZACH MILLER SECRETARY/TREASURER-ELECT 0.00 X X 0 0 0 ANNE CARUSO SECRETARY/TREASURER 0.00 X X 0 0 0 JAMES SITZMAN DIRECTOR 0.00 X 0 0 0 SHELLEY SPECCHIO CEO 40.00 X 313018 0 50913 DWAYNE MCCOY CHIEF FINANCIAL OFFICER 40.00 X 144411 0 32822 CHRISTOPHER PRYOR VP - GOVT AND COMMUNICATIO 40.00 X 162378 0 44756 JEANETTE LANGFORD VP - PROFESSIONAL SERVICES 40.00 X 103322 0 30892 723129 0 159383 4 0 1 0 0 3207619 94292 3301911 REIMBURSEMENT OF SHARED EXPENSES 541900 1703969 1703969 MEETINGS INCOME 611430 18732 18732 1722701 64833 64833 8714 8714 724705 597827 126878 126878 126878 176098 110982 65116 65116 MISCELLANEOUS REVENUE 611710 116985 116985 INCOME FROM K-1 PASS THROUGH 900003 13898 13898 130883 5421036 18732 1717867 382526 122955 519285 1650197 55737 363891 170955 549 36990 103042 53301 230823 215702 221495 113829 206111 142711 44891 COMMUNITY DEVELOPMENT A 262350 MEMBER DEVELOPMENT AND 122254 STRATEGIC PLANNING EXPE 61043 RESEARCH AND DEVELOPMEN 28690 42593 4769394 6115893 5760740 480999 485348 7103 39446 121061 14876 3901714 2749631 1186793 1152083 2281926 2104314 1749178 830215 333367 1446078 12276320 11833100 4210993 4425047 1349126 1308372 5560119 5733419 X 6716201 6099681 6716201 6099681 12276320 11833100 X 651642 -248883 -1019279 X X 0 1 X 1 0 RPAC 7301 N SHADELAND AVENUE INDIANAPOLIS IN 46250 351521931 83909 0 0 0 3207619 18582 18582 64152 -45570 PART I-A, LINE 1: MIBOR DOES VET OUT CERTAIN CANDIDATES WHEN THEY ARE RUNNING FOR PUBLIC OFFICE TO SEE WHERE THEY STAND ON REAL ESTATE RELATED ISSUES, SUCH AS SIGN REGULATIONS, QUALITY OF LIFE FACTORS, ECONOMIC AND COMMUNITY DEVELOPMENT AND EDUCATION. NOTIFICATION IS SENT TO THE MEMBERSHIP OF THOSE CANDIDATES THAT ARE "REALTOR" FRIENDLY. MIBOR DOES NOT DONATE TO CANDIDATES' CAMPAIGNS. MIBOR'S POLITICAL ACTION COMMITTEE, MPAC, FINANCIALLY DONATES TO CANDIDATES' CAMPAIGNS. MPAC TRUSTEES, WHO ARE MIBOR MEMBERS VOLUNTARILY SERVING, INTERVIEW CANDIDATES RUNNING FOR PUBLIC OFFICE. PRIOR TO THE INTERVIEWS, MIBOR STAFF SENDS OUT QUESTIONNAIRES TO CANDIDATES SEEKING PUBLIC OFFICE. RETURNED QUESTIONNAIRES ARE REVIEWED BY THE MPAC TRUSTEES PRIOR TO INTERVIEWING CANDIDATES. ALL DECISIONS ARE MADE BY THE MPAC TRUSTEES AND NOT MIBOR. 401231 401231 2810716 2285353 525363 407239 240042 167197 282528 224236 58292 1152083 553211 F INVESTMENTS IN LIMITED PARTNERSHIPS 277004 F 830215 DUE FROM MIBOR SERVICE CORP 1342402 INTANGIBLE ASSETS, NET OF AMORTIZAT 493 DUE FROM MIBOR FOUNDATION 103183 1446078 8611714 -248883 5420267 5171384 3440330 1980706 1980706 5421036 9235341 6339230 6339230 2896111 1873283 1873283 4769394 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED AS EIN: 35-1853414 5,420,267. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE RELATED TO DIVISIONS OF MIBOR 178,146. REIMBURSEMENT OF SHARED EXPENSES WITH CONTROLLED ENTITY 1,703,969. K-1 INCOME FROM PASS THROUGH ENTITIES 98,591. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED AS EIN: 35-1853414 6,339,230. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RELATED TO DIVISIONS 169,314. SHARED EXPENSES WITH CONTROLLED ENTITY 1,703,969. FORM 990, PART XIII MIBOR'S AUDITED FINANCIAL STATEMENTS ARE PRESENTED ON A CONSOLIDATED BASIS TO INCLUDE MIBOR AND ITS A WHOLLY OWNED SUBSIDIARY, MIBOR SERVICE CORPORATION (MSC), EIN 35-1853414. 0 MIBOR FOUNDATION 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 311158610 501(C)(3) 6050 0 DONATION FOR CHARITABLE MISSION OF FOUNDATION 1 X 1 1 X X X X X 0 0 0 SHELLEY SPECCHIO CEO 259599 0 41419 0 12000 0 15960 0 34953 0 363931 0 0 0 CHRISTOPHER PRYOR VP - GOVT AND COMMUNICATIO 144361 0 6617 0 11400 0 10075 0 34681 0 207134 0 0 0 DWAYNE MCCOY CHIEF FINANCIAL OFFICER 123682 0 20729 0 0 0 5918 0 26904 0 177233 0 0 0 PART I, LINE 1A MIBOR REALTOR ASSOCIATION, INC. PAYS, AS NON-TAXABLE COMPENSATION, A PORTION OF SOCIAL CLUB DUES FOR ITS CEO. PART I, LINE 1B PARTIAL PAYMENTS OF SOCIAL CLUB DUES ARE REIMBURSED ACCORDING TO THE CEO'S EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION A, LINE 6 MIBOR REALTOR ASSOCIATION, INC. (MIBOR) FORMED FOR THE PURPOSE OF DISCOVERING AND PROMOTING ACTIVITIES IN THE BEST INTEREST OF THE COMMUNITY AND OF ITS MEMBERS WITH RESPECT TO REAL PROPERTY, ITS OWNERSHIP AND USE, TOWARD PROVIDING A BETTER COMMUNITY IN WHICH TO LIVE AND WORK. REALTOR MEMBERS INCLUDE ACTIVELY ENGAGED REAL ESTATE PROFESSIONALS WHO PAY INDIANA ASSOCIATION OF REALTORS, INC. AND NATIONAL ASSOCIATION OF REALTORS, INC. DUES THROUGH MIBOR OR ANOTHER BOARD. MIBOR ALSO HAS AFFILIATE, FRANCHISE, AND HONORARY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MIBOR REALTOR ASSOCIATION, INC. (MIBOR) ARE PERMITTED VOTE ANNUALLY TO DETERMINE THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE OFFICERS OF THE BOARD OF DIRECTORS. THE 990 IS THEN MADE AVAILABLE TO THE FULL BOARD TO REVIEW AND COMMENT ON A FULL WEEK PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND COMMITTEE MEMBERS FILE CONFLICT OF INTEREST STATEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE OFFICER CURRENTLY HAS AN EMPLOYMENT CONTRACT. THE PERSONNEL COMMITTEE IS RESPONSIBLE FOR ESTABLISHING THE CONTRACT, AS WELL AS ANY ADDITIONAL COMPENSATION (I.E. BONUS). THE PERSONNEL COMMITTEE PRESENTS THE COMPLETED CONTRACT TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 MIBOR REALTOR ASSOCIATION, INC. MAKES ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, ITS GOVERNING DOCUMENTS AND SELECT FINANCIAL DATA ARE AVAILABLE FOR MEMBER VIEWING ON ITS WEBSITE. FORM 990, PART XI, LINE 9: K-1 (INCOME) LOSS FROM PASS THROUGH ENTITIES -98,591. CHANGE IN INVESTMENT IN SUBSIDIARY -918,963. ADJUSTMENT TO DIVISION CASH BALANCE -1,725. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF THE MIBOR REALTOR ASSOCIATION, INC. APPOINTS A FINANCE COMMITTEE AS RESPONSIBLE FOR SELECTING A CERTIFIED PUBLIC ACCOUNTING FIRM TO PERFORM AN ANNUAL AUDIT. THE FINANCE COMMITTEE IS ALSO RESPONSIBLE FOR REVIEWING THE FINANCIAL STATEMENTS BEFORE THEY ARE ISSUED TO CONFIRM ACCURACY. THE FINANCE COMMITTEE THEN REPORTS THE RESULTS TO THE BOARD OF DIRECTORS. MIBOR FOUNDATION INC 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 311158610 SEE SCHEDULE O IN 501(C)3 LINE 7 N/A 0 RPAC 7301 NORTH SHADELAND AVENUE INDIANAPOLIS IN 46250 351521931 REPRESENTATION OF MEMBERS AT THE FEDERAL, STATE AND LOCAL LEVEL IN 527 N/A 0 MPAC 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 351902537 REPRESENTATION OF MEMBERS AT THE FEDERAL, STATE AND LOCAL LEVEL IN 527 N/A 0 MIBOR SERVICE CORPORATION 1912 NORTH MERIDIAN STREET INDIANAPOLIS IN 46202 351853414 SEE SCHEDULE O IN MIBOR REALTOR ASSOCIATION INC C -918963 3179399 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 MIBOR SERVICE CORPORATION Q 1703969 ALLOCATED SHARED COSTS MIBOR FOUNDATION B 6050 AMOUNT DONATED MIBOR FOUNDATION O 193187 AMOUNT REIMBURSED MIBOR FOUNDATION L 66000 ADMIN SUPPORT SCHEDULE R, PAGE 1, PART II THE PRIMARY ACTIVITY OF MIBOR FOUNDATION, INC. IS TO SERVE AS THE CHARITABLE ARM OF MIBOR PROVIDING A MEANS FOR ITS MEMBERS TO FINANCIALLY ASSIST PEOPLE WITHIN OUR COMMUNITY TRANSITION FROM HOMELESSNESS TO PERMANENT HOUSING. SCHEDULE R, PAGE 2, PART II MIBOR SERVICE CORP PROVIDES A BROKER LISTING COOPERATIVE AND OTHER SERVICES TO AID MEMBERS IN COMPLETING EFFICIENT TRANSACTIONS.