2024-02-13T09:29:50-08:00 2022-12-31 592142260 CHRISTOPHER SMITH LEONARD Et Al 101 E Kennedy Blvd Suite 1460 Tampa FL 33602 990 2022-01-01 590810295 Realtor Association of Sarasota and Manatee Inc REAL 9419523400 2320 Cattlemen Road Sarasota FL 34232 Jeff Arakelian CEO 2024-02-12 true Jeff Arakelian 999009999 true Susan O Thompson P00276728 8134904490 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Jeff Arakelian 6467252 false X www.myrasm.com X 1964 FL To uphold the Realtor Code of Ethics, deliver education, tools, and resources to advance members' professionalism, be the advocate for protection of private property rights in the communities we serve, and to further the interests of real property ownership. 17 17 23 250 1101603 706849 4404 0 3128112 3572227 178383 303877 107038 63383 3417937 3939487 42540 0 0 1264287 1384912 0 0 1325576 1792185 2632403 3177097 785534 762390 14781421 14727452 1752787 1687011 13028634 13040441 THE MISSION OF THE REALTOR ASSOCIATION OF SARASOTA AND MANATEE IS TO ADVANCE MEMBERS' PROFESSIONALISM THROUGH DELIVERY OF EDUCATION AND RESOURCES, AND TO ADVOCATE FOR REAL ESTATE IN THE COMMUNITIES SERVED. false false Communication and education programs for members, including orientation, code of ethics, professional development, communications, web page, realtor magazine, and international programs Membership programs including association meetings, strategic planning, community outreach, and district expenses Committee programs including government affairs, installation banquet, professional standards and grievance, breakfast/luncheon meeting, and green realtors false false true true false false false false false true false false false true true false true false false false false false false false false false false false true false false false true false false false false false false false true true false false true 25 0 true 23 true true true false false false true true false false false X 17 17 false false false false true true true true true false false false true true true true true true true false X Jeff Arakelian 9419523400 2320 Cattlemen Road Sarasota FL 34239 Arakelian Jeff CEO 40.00 0.00 X 209000 0 14930 Krumm Alex Past President 2.00 0.00 X X 0 0 0 Tresidder Brian President-Elect 3.00 0.00 X X 0 0 0 Butrum Nathan Director 1.00 0.00 X 0 0 0 Barrett Tony Vice President 2.00 0.00 X 0 0 0 Charron Pam Director 1.00 0.00 X 0 0 0 Coffey Brandy Director 1.00 0.00 X 0 0 0 Carlson Jody Director 1.00 0.00 X 0 0 0 Crawford David Director 1.00 0.00 X 0 0 0 Lambert Anita Director 1.00 0.00 X 0 0 0 Montei Julia Director 1.00 0.00 X 0 0 0 Partie Brian Director 1.00 0.00 X 0 0 0 Hoskinson Ken Director 1.00 0.00 X 0 0 0 Reynolds Debi Treasurer 2.00 0.00 X X 0 0 0 Northrup Mary Director 1.00 0.00 X 0 0 0 Veldkamp Tony President 3.00 0.00 X X 0 0 0 Patti Derek Director 1.00 0.00 X 0 0 0 Piro Roger Director 1.00 0.00 X 0 0 0 209000 14930 1 false true false 0 0 MEMBERSHIP DUES & ASSMTS 531390 3572227 2511236 1060991 3572227 135598 135598 0 0 15670 4862 10808 10808 10808 1068914 1549963 1083647 1366951 -14733 183012 168279 168279 0 0 84268 72305 11963 11963 Advertising 511120 40612 40612 40612 3939487 2523199 1101603 314685 0 0 0 0 223930 0 935166 48655 92994 84167 0 30317 35655 0 0 0 0 103997 30891 116038 0 126293 0 0 0 0 0 185502 68443 Program Service Expenes 348046 Unrelated Bus Inc Tax 178365 Bank Charges/Credit Card 168250 Commercial Investment 150285 250103 3177097 0 0 0 671429 644177 1774498 2607242 0 27432 20310 0 0 0 30230 22554 38993 78813 8241953 1256657 7162804 6985296 5002863 4260771 73172 73172 0 0 35117 14781421 14727452 397351 204692 1339040 1445713 35835 16396 771 1752787 1687011 X 12998617 12996803 30017 43638 13028634 13040441 14781421 14727452 762390 -750583 X false true X true false false REALTORS POLITICAL ACTION COMMITTEE N/A ORLANDO FL 32822 463247113 293641 false false false 1571309 23339 23339 20019 3320 Part I-A, Line 1 - Direct and Indirect Political Campaign Activities In 2022 the RASM Political Action Advisory Committee (PAAC) recommended 6 candidates for political contribution, as well as contributed RPAC dollars to the Sarasota County Surtax ballot initiative campaign. RASM PAAC recommendations were approved by the association's board of directors. Requests for RPAC funding were sent to the Florida realtors, which approved the funding requests and checks were delivered to each candidate. Candidates were recommended based on viability, current fundraising totals, career track records, and alignment with RASM public policy guidelines. RASM advocated on a handful of issues locally, including but not limited to: comprehensive land use plan update in the City of Sarasota, passage of the Sarasota County Surtax campaign, vacation rental regulation in the City of Palmetto, andvacation rental regulation in the City Bradenton. 2357583 2357583 5061340 777000 4284340 518650 300820 217830 304380 178837 125543 6985296 Other Liabilities 771 771 X Part X : FIN48 Footnote PART X, LINE 2:The Association is a not-for-profit Florida corporation and is exempt from income taxation under Section 501(c)(6) of the Internal Revenue Code. The Association is, however, subject to Federal and State of Florida income tax with respect to certain unrelated business taxable income arising from its from its multiple listing service and magazine advertising income. In the determination of its unrelated business taxable income, the Association makes allocations of expenses based on estimates.No interest or penalties resulting from an underpayment of income taxes have been recognized in the statement of activities or in the statement of financial position. The association has no positions for which it believes it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease in the next twelve months. The association's three previous years remain subject to examination by the Internal Revenue Services and the Florida Department of Revenue. X true true X X X X false false false Arakelian Jeff CEO 198000 5000 6000 14930 223930 Part I, Line 1a: Relevant information in regards to selections on 1a. Travel expenses for the spouse or significant other of the president and chief executive officer are reimbursed under the organization's travel and reimbursement policy. Reimbursement is not treated as taxable compensation. Tony Veldkamp Former President Broker - Sale of Property false Schedule L, Part V Supplemental Information The 2019 President, Tony Veldkamp, was contacted by the Board of Directors to be the listing broker in the sale of real property at 716 3rd Ave, Bradenton, FL. Sale of the property closed on November 30, 2022 and he received a commission for the sale. Form 990, Part VI, Section A, Line 6 The Association has six classes of members: REALTOR Members, Institute Affiliate Members, Business Partner Members, Honorary Members, Student Members, and Administrative Members. REALTOR Members are entitled to vote and to hold elective office in the Association. Form 990, Part VI, Section A, Line 7a The Board of Directors and Officers of the Association are elected at the annual membership meeting by the REALTOR Members. Form 990, Part VI, Section A, Line 7b The bylaws may be amended by a majority vote of the REALTOR Members present and qualified to vote at any meeting at which a quorum is present, provided such proposed amendment or amendments shall be plainly stated in the call for the meeting, or by a mail, facsimile, or electronic ballot with two-thirds vote of five percent of the REALTOR membership qualified to vote. The Board of Directors may, at any regular or special meeting of the Board of Directors at which a quorum is present, approve amendments to the Bylaws which are mandated by the National Association of Realtors policy. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the CEO, Director of Accounting, and the Executive Committee of the Board of Directors prior to filing. Form 990, Part VI, Section B, Line 12c At the beginning of each meeting, the presiding person reminds everyone about the Conflict of Interest Policy and inquires whether any member has a conflict or potential conflict to report. The minutes reflect any conflicts declared either at that time or later in the meeting. Form 990, Part VI, Section B, Line 15a An Evaluation Committee meets annually in the fall to evaluate the performance of the CEO. At that time, they are provided with a copy of salary surveys from the National Association of Realtors, and the American Society of Association Executives. The committee evaluates the progress made toward achieving the objectives established in the Strategic Plan for the year, and other objectives set in the prior year's evaluation to determine the achievements of the CEO. They review the salary surveys, and determine the salary for the subsequent year. The report is made to the Executive Committee, who authorizes the salary for the subsequent year. Form 990, Part VI, Section B, Line 15b For all other employees, the CEO uses the same salary surveys aforementioned to establish compensation based on experience. Form 990, Part VI, Section C, Line 19 Disclosure of governing documents is made available on the Association's web site. Disclosure of the Association's policies are disclosed as requested. The Association's financial statements are available to be viewed as requested, only members of the Finance Committee and the Board of Directors receive copies. RASM Realtors Charitable Fdn Inc 2320 Cattlemen Rd Sarasota FL 34232 854232393 Scholarships and Charitable Grants FL 501(c)(3) 509(a)(2) N/A true false false false false false false false false false false false false false false false false false false false