2023-11-14T19:10:08-06:00 2022-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2022-01-01 952873622 ORANGE COUNTY REALTORS % LIZ BARNDT ORAN 9495866800 25552 La Paz Road Laguna Hills CA 92629 Dave Stefanides CEO 9495866800 2023-11-15 true Dave Stefanides 999009999 Brian E Bender P01305467 3012726000 2023-11-15 2022 2023-04-26 12:10:37Z Dave Stefanides 25552 La Paz Road Laguna Hills CA 92629 13423088 false X WWW.OCAR.ORG X 1974 CA PROVIDE EDUCATIONAL AND SUPPORT SERVICES TO MEMBERS OF THE ASSOCIATION IN THE REAL ESTATE PROFESSION 25 23 34 130 9266857 139002 2500 4500 3047715 12530555 169435 61234 8888054 -60715 12107704 12535574 4500 10000 0 0 3960201 4336173 0 0 0 6865642 7843751 10830343 12189924 1277361 345650 11666397 11326615 3738840 3718123 7927557 7608492 THE MISSION OF THE ORANGE COUNTY REALTORS (THE "REALTORS ASSOCIATION") IS TO PROMOTE THE REALTORS' CODE OF ETHICS, TO PROVIDE EDUCATION, SERVICES AND RESOURCES TO MEMBERS, AND TO ADVOCATE THE PROTECTION OF REAL PROPERTY RIGHTS false false THE REALTORS ASSOCATION PROVIDED EDUCATIONAL SERVICES AND MAINTAINED PROGRAMS TO BENEFITS ITS MEMBERS IN THE REAL ESTATE PROFESSION. false false false true false false false false false true false 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 false false false false true X 59 0 true 34 true true true false false false true true false false false X 25 23 false false true false true true true true true false false false true true true true true true true false CA X LIZ BARNDT 9495866800 25552 LA PAZ ROAD LAGUNA HILLS CA 92629 STEFANIDES N DAVID CEO 50.0 0.0 X 374992 0 31028 BARNDT ELISABETH DIRECTOR OF OPERATIONS 50.0 0.0 X 293579 0 41103 DOAN DIRISSY D GOVERNMENT AFFAIRS DIRECTOR 40.0 0.0 X 175450 0 24699 LOPEZ SANDRA ASSOCIATION SERVICES DIRECTOR 50.0 0.0 X 158600 0 26265 GARDNER TIFFANY M DIRECTOR OF POLICY AND RISK 40.0 0.0 X 152769 0 16682 RITTER DEBRA L EXECUTIVE ASSISTANT 40.0 0.0 X 130135 0 26741 Robles Citlalic DIRECTOR OF PRO. STANDARTS 40.0 0.0 X 121273 0 18727 RODELL ADAM PRESIDENT 2.0 0.0 X X 16314 0 0 WHITE SCOTT PRESIDENT-ELECT 2.0 0.0 X X 10457 0 0 JACKSON JEFFREY DIRECTOR 1.0 0.0 X 5100 0 0 OLDROYD EILEEN L DIRECTOR 1.0 0.0 X 3890 0 0 NAMAZI LORI IMMEDIATE PAST PRESIDENT 1.0 0.0 X X 2497 0 0 BARRY ERIN DIRECTOR 1.0 0.0 X 2492 0 0 PEDEGO PAMELA DIRECTOR 1.0 0.0 X 2485 0 0 MOLINA ED DIRECTOR 1.0 0.0 X 2477 0 0 ENDO JOYCE Y TREASURER - SECRETARY 1.0 0.0 X X 2304 0 0 FU CHRISTINA DIRECTOR 1.0 0.0 X 1475 0 0 CORTEZ MATT DIRECTOR 1.0 0.0 X 1195 0 0 HARRINGTON MICHELE DIRECTOR 1.0 0.0 X 970 0 0 MCALLISTER CHIP DIRECTOR 1.0 0.0 X 0 0 0 RAMCHANDRAN VINIL DIRECTOR 1.0 0.0 X 0 0 0 ROBERTSON LACY DIRECTOR 1.0 0.0 X 0 0 0 SUZANSKI LYNNE DIRECTOR 1.0 0.0 X 0 0 0 HERMAN LEN DIRECTOR 1.0 0.0 X 0 0 0 LEPAGE PAUL DIRECTOR 1.0 0.0 X 0 0 0 MINO STEVE DIRECTOR 1.0 0.0 X 0 0 0 RAMPONE MARY DIRECTOR 1.0 0.0 X 0 0 0 FOX BOB DIRECTOR 1.0 0.0 X 0 0 0 JONES LORI DIRECTOR 1.0 0.0 X 0 0 0 RECTOR RANDY DIRECTOR 1.0 0.0 X 0 0 0 THOMAS STUART DIRECTOR 1.0 0.0 X 0 0 0 YI LISA DIRECTOR 1.0 0.0 X 0 0 0 1458454 0 185245 9 false true false CRMLS INC 15325 FAIRFIELD RANCH RD SUITE 20 CHINO HILLS CA 91709 MLS SUBSCRIPTION 5411932 THE MONACO GROUP 1011 S LINWOOD AVENUE SANTA ANA CA 92705 PRINTING AND MAILING 244986 2 4500 4500 LISTING SERVICES 531390 8761223 8761223 MEMBER DUES AND FEES 531390 3248223 3163058 85165 SUPRA ADMINISTRATION FEES 531390 448018 448018 ADVERTISING INCOME 531390 34965 34965 EVENTS AND EXPO 531390 36516 36516 1610 1610 12530555 138710 138710 0 0 0 0 0 591064 668540 -77476 -77476 -77476 0 0 0 0 0 0 156460 218974 -62514 -62514 MISCELLANEOUS INCOME 900099 1799 1799 1799 12535574 3202983 9266857 61234 10000 0 0 0 792358 0 2707588 269950 294616 271661 0 51538 35583 0 0 31230 5038029 196191 316433 211541 0 473619 350110 0 446780 0 0 85600 42378 NEWSLETTER PRODUCTION COSTS 278316 TAXES 271008 MISCELLANEOUS EXPENSES 15395 12189924 93398 258205 6999956 7347764 0 0 0 0 0 0 0 0 0 0 54263 92963 0 0 2953960 2492725 503836 461235 3969904 3144203 0 0 0 0 0 0 45040 22245 11666397 11326615 0 300 0 0 3376605 3392371 0 0 0 0 0 0 0 0 0 0 362235 325452 3738840 3718123 X 7927557 7608492 0 0 7927557 7608492 11666397 11326615 345650 -664715 X X false true X false false false false false 3011460 102222 0 102222 102222 0 0 176723 176723 1589507 1460789 128718 1187730 1031937 155794 461235 0 AMOUNTS COLLECTED ON OTHERS BEHALF 308088 DUE TO OCAR CARES 17364 325452 X 11947653 -664715 -664715 12612368 31230 -108024 -76794 12535574 12266718 108024 108024 12158694 31230 31230 12189924 SCHEDULE D, PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: Annually, management evaluates tax positions taken by the Association to disclose if it has taken an uncertain position that more likely than not would not be sustained upon examination by applicable taxing authorities. For the year ended December 31, 2022, the Association has determined that no material uncertain tax positions qualify for disclosure in the financial statements. Schedule D, PART XI, LINE 4B, and PART XII, LINE 2D: Additional expenses for costs of goods sold for Part VIII, line 10b and removed from Part IX. X X X X X false false false STEFANIDES N DAVID CEO 309717 0 56875 0 8400 0 30356 0 672 0 406020 0 0 0 BARNDT ELISABETH DIRECTOR OF OPERATIONS 225579 0 68000 0 0 0 29851 0 11252 0 334682 0 0 0 DOAN DIRISSY D GOVERNMENT AFFAIRS DIRECTOR 140450 0 35000 0 0 0 17545 0 7154 0 200149 0 0 0 LOPEZ SANDRA ASSOCIATION SERVICES DIRECTOR 123600 0 35000 0 0 0 17294 0 8971 0 184865 0 0 0 RITTER DEBRA L EXECUTIVE ASSISTANT 105135 0 25000 0 0 0 13014 0 13727 0 156876 0 0 0 GARDNER TIFFANY M DIRECTOR OF POLICY AND RISK 132769 0 20000 0 0 0 15277 0 1405 0 169451 0 0 0 FORM 990, PART V, LINE 2A; PART VII SECT A, COL D, AND SCH J, PART II, COL THE ORGANIZATION OUTSOURCES ITS HUMAN RESOURCES, INCLUDING PAYROLL PROCESSING, TO MODERN MANAGEMENT, INC. (EIN 95-4411314). THE ORGANIZATION'S EMPLOYEES ARE REPORTED ON FORM W-3 OF MODERN MANAGEMENT. AND EIN OF MODERN MANAGEMENT. THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A REPRESENTS THE NUMBER OF THE ORGANIZATION'S EMPLOYEES WHO RECEIVED A 2022 FORM W-2 FROM MODERN MANAGEMENT. THESE EMPLOYEES ARE INCLUDED ON FORM W-3 FILED BY MODERN MANAGEMENT. FOR ADDITIONAL INFORMATION, CONTACT MODERN MANAGEMENT AT 310-360-5160. FORM 990, PART VI, SECTION A, LINE 4: IN OCTOBER 2022, THE ORGANIZATION AMENDED ITS BYLAWS FOR THE FOLLOWING POINTS: -Candidates who are running for an elected position on the Board of Directors or as an Officer shall not serve on the Credentials Committee. -The timeline and related due dates for the Board of Directors and Officer Elections shall be ratified by the Board. The Elections for Board of Directors and Officers shall conclude no later than September 30. The Credentials Committee shall review and report the results of the electronic ballot at the conclusion of the Board of Directors Election. -UPDATES TO VOTING PROCEDURES - Voting shall take place either in person at the Association offices, at off-site events monitored by Association staff, or by electronic balloting. Proxy or absentee ballots will not be accepted. -TERM LIMITS - All Directors are limited to no more than six (6) consecutive years. Those Elected Directors considering running for President-Elect or Treasurer may not run in their last year of their term. -EXCEPTIONS TO TERM LIMITS - A Director elected President-Elect in the penultimate year of the term, will have service extended up to two years as President or Immediate Past President. The President-Elect may serve as President in the year after the President-Elect's term as a Director would otherwise have ended, and may be seated as a Director during the year in which the person is the President and the following year when serving as the Immediate Past President. Except for persons elected President-Elect or President, after serving six (6) consecutive years, Directors cannot serve on the Board of Directors for two (2) years thereafter. Presidential appointment does not count towards the first year of a six-year term limit. -SELECTION OF OFFICERS - Officers President-Elect and Secretary/Chief Financial Officer (Treasurer) for the next calendar year shall be selected from the Elected Directors by the following: Elected Directors continuing their term into the next calendar year, Current President, Current Appointed Directors (Affiliate, Independent Broker, At Large, Large Broker Directors), and Newly Elected Directors for the next calendar year. No person may serve more than two (2) consecutive terms in the same office. -REMOVAL - The President shall have the power, subject to confirmation by the Board of Directors, to remove any member from a committee. The vacancy shall be filled as provided for original appointees. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS NINE (9) CLASSES OF MEMBERSHIP: 1)REALTOR MEMBERS, 2)LICENSED ASSISTANTS EMPLOYED BY REALTORS, 3)UNLICENSED ASSISTANTS EMPLOYED BY REALTORS, 4)INSTITUTE AFFILIATE MEMBERS, 5)AFFILIATE MEMBERS, 6)PUBLIC SERVICE MEMBERS, 7)HONORARY MEMBERS, 8)HONORARY MEMBERS FOR LIFE, AND 9)STUDENT MEMBERS. ONLY REALTOR MEMBERS HAVE VOTING RIGHTS. RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A: ONLY THE ORGANIZATION'S REALTOR MEMBERS, WHO HAVE VOTING RIGHTS, MAY ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED TO SERVE FOR A THREE (3) YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B: TOTAL UNBUDGETED CAPITAL EXPENDITURES IN EXCESS OF 20% OF THE ANNUAL BUDGET MAY NOT BE MADE UNLESS AUTHORIZED BY A MAJORITY OF ELIGIBLE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B: A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND TO THE DIRECTOR OF OPERATIONS FOR A DETAILED REVIEW PRIOR TO FORM 990 BEING FILED FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLCY EVERY YEAR. NEW EMPLOYEES ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTERSTE POLICY UPON EMPLOYMENT. EVERY DIRECTORS, OFFICER, OR EMPLOYEE HAVING KNOWLEDGE OF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST SHALL FILE A WRITTEN DISCLOSURE OF THE NATURE AND DETAILS OF THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST WITH THE ORGANIZATION, INCLUDING THE NAME(S) AND RELATIONSHIP(S) OF THE PERSON(S) INVOLVED AND THEIR CAPACITY IN THE TRANSACTION. THE DIRECTOR, OFFICER, OR EMPLOYEE INVOLVED SHALL BE PROHIBITED FROM ENGAGING IN ANY DISCUSSIONS, EVALUATION, NEGOTIATION, DECISION, OR ANY OTHER MATTER RELATING TO THE MATTERGIVING RISE TO THE CONFLICT, UNLESS A SPECIFIC AND INFORMED WAIVER IS GRANTED BY THE BOARD OF DIRECTORS. ADDITIONALLY, THE ORGANIZATION'S LEGAL COUNSEL ANNUALLY PRESENTS TO THE BOARD OF DIRECTORS A PROGRAM ENTITLED, "YOUR ROLE AS A CORPORATE DIRECTOR," WHICH INCLUDES A SEGMENT ON CONFLICT OF INTEREST. THE CHIEF EXECUTIVE OFFICER, DIRECTOR OF OPERATIONS, AND DIRECTOR OF GOVERNMENT AFFAIRS ARE JOINTLY RESPONSIBLE FOR MONITORING/PREVENTING ANY CONFLICT OF INTEREST AND TAKING APPROPRIATE MEASURES IF ANY SUCH CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15: AT EVERY EMPLOYMENT CONTRACT NEGOTIATION FOR OFFICERS AND KEY EMPLOYEES, THE COMPENSATION IS COMPARED AGAINST A COMPENSATION STUDY PREPARED BY THE NATIONAL ASSOCIATION OF REALTORS. THE BOARD OF DIRECTORS HAS GIVEN THE EXECUTIVE COMMITTEE THE AUTHORITY TO NEGOTIATE THE EMPLOYMENT CONTRACT WITH THE CEO. PART 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE TO ITS MEMBERS. FORM 990, PART XII, LINE 1: THE FINANCIAL STATEMENTS HAVE BEEN PREPARED USING THE MODIFIED CASH BASIS OF ACCOUNTING. EXCEPT FOR ASSETS ARISING FROM CASH TRANSACTIONS, SUCH AS AMOUNTS COLLECTED ON BEHALF OF OTHERS AND DEFERRED REVENUE, REVENUE IS RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED AND EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. THE ORGANIZATION ALSO CAPITALIZES INVENTORY HELD FOR RESALE AND RECOGNIZES NET APPRECIATION OR DEPRECIATION IN THE FAIR VALUE OF INVESTMENTS. FORM 990 PART IX LINE 11G DESCRIPTION:LISTING SERVICES TOTAL FEES:4981829 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR TOTAL FEES:1343 FORM 990 PART IX LINE 11G DESCRIPTION:HUMAN RESOURCES TOTAL FEES:54857