2025-07-25T15:31:14-04:00 2024-12-31 364428299 STARR M ROBINSON AND ASSOCIATES PC 310 BUSSE HIGHWAY 270 PARK RIDGE IL 600683251 990 2024-01-01 363829465 REALTORS LAND INSTITUTE REAL 8004415263 430 N MICHIGAN AVE CHICAGO IL 60611 AUBRIE KOBERNUS CEO, NON-VOTING 3123298837 2025-07-18 true true STARR M ROBINSON P00193676 7735941384 2025-07-25 2024 2025-03-06 01:10:19Z AUBRIE KOBERNUS 430 N MICHIGAN AVE CHICAGO IL 60611 2945186 false X WWW.RLILAND.COM X 1992 IL THE REALTORS LAND INSTITUTE IS DEDICATED TO BUILDING KNOWLEDGE, BUILDING RELATIONSHIPS, AND BUILDING BUSINESS FOR ITS MEMBERS. THE ORGANIZATION OFFERS PROGRAMS AND SERVICES DESIGNED TO PROVIDE SUPERIOR LAND EDUCATION. 15 15 6 130 33705 0 1886564 1796881 25535 165364 40533 28218 1952632 1990463 2500 30000 0 790189 734992 0 0 814834 951394 1607523 1716386 345109 274077 3443832 3879860 776317 993953 2667515 2885907 X THE REALTORS LAND INSTITUTE IS DEDICATED TO BUILDING KNOWLEDGE, BUILDING RELATIONSHIPS, AND BUILDING BUSINESS FOR ITS MEMBERS. IT IS A MEMBERSHIP ORGANIZATION CREATED FOR AND BY LAND SALES EXPERTS, AND OFFERS PROGRAMS AND SERVICES DESIGNED TO PROVIDE SUPERIOR LAND EDUCATION AND PROFESSIONAL DEVELOPMENT PROGRAMS, DEVELOP NETWORKING AND REFERRAL OPPORTUNITIES AND SERVE AS A VOICE IN WASHINGTON ON LAND-RELATED ISSUES. false false THE REALTORS LAND INSTITUTE IS DEDICATED TO CONTINUAL ENHANCEMENT OF ITS EDUCATIONAL INITIATIVES INCLUDING ITS LAND UNIVERSITY CURRICULUM AND NATIONAL LAND CONFERENCE, ALL OF WHICH FALL UNDER THE ORGANIZATION'S "LANDU" BANNER. THE ORGANIZATION DELIVERS PROFESSIONAL EDUCATION THROUGH AN 11-COURSE CORE CURRICULUM, ON TOPICS SUCH AS LAND 101, LAND INVESTMENT ANALYSIS, AND TAX IMPLICATIONS FOR REAL ESTATE. THESE EDUCATIONAL INITIATIVES ARE DESIGNED TO PROVIDE BEST IN CLASS PROFESSIONAL EDUCATION FOR LAND SPECIALISTS. IN 2024, NO MAJOR CHANGES WERE MADE TO CURRICULUM. THE REALTORS LAND INSTITUTE UTILIZES ELECTRONIC TECHNOLOGY TO IMPROVE COMMUNICATIONS, PROMOTE EFFICIENCIES, AND EXPAND ITS REACH. THROUGH ITS WEBSITE, THE ORGANIZATION OFFERS ITS MEMBERS INDIVIDUAL MEMBER PROFILES WHICH HIGHLIGHT THEIR EXPERTISE AND EXPERIENCE. IN ADDITION, RLI PRODUCES A WEB SEMINAR SERIES, WHICH ALLOWS BOTH MEMBERS AND NON-MEMBERS TO ACCESS CURRENT INFORMATION ONLINE. THE ASSOCIATION ALSO HAS AN ORGANIZATIONAL PRESENCE THROUGH A VARIETY OF SOCIAL MEDIA PLATFORMS. THE REALTORS LAND INSTITUTE IS DEDICATED TO UPGRADES TO ITS COMMUNICATION INITIATIVES, AS EFFECTIVE COMMUNICATION MUST BE AT THE CORE OF ANY MEMBERSHIP ASSOCIATION. ONE SUCH ENHANCEMENT HAS BEEN THROUGH THE GROWTH AND ENHANCEMENT OF THE ORGANIZATION'S ELECTRONIC AND PRINTED NEWSLETTERS WHICH OFFER EXPANDED COVERAGE OF LAND ISSUES, INCLUDING LEGISLATIVE AND RELATED TOPICS. AS A 501C6 ORGANIZATION, PROGRAM EXPENSES ARE NOT REQUIRED TO BE ALLOCATED ON THE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS. false false false true false false false false false true false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false false true 25 0 true 6 true true true false false false false false false false X 15 15 false false false false false false false true true false true true true true true true true true true false true true X AUBRIE KOBERNUS 8004415263 430 N MICHIGAN AVE CHICAGO IL 60611 SAM BOWERS PRESIDENT 2.00 0.00 X X 0 0 0 DAN MURPHY PRESIDENT-EL 1.25 0.00 X X 0 0 0 GEOFF HURDLE VICE PRESIDE 1.25 0.00 X X 0 0 0 BARRY UPCHURCH TREASURER 1.25 0.00 X X 0 0 0 BOB TURNER NAR EXECUTIV 1.25 0.00 X X 0 0 0 DAN KEVORKIAN ALC DESIGNAT 0.75 0.00 X 0 0 0 RAY BROWNFIELD GOVT AFFAIRS 0.75 0.00 X 0 0 0 RABORN TAYLOR FUTURE LEADE 0.90 0.00 X 6500 0 0 FD BELL EDUCATION CO 0.75 0.00 X 0 0 0 JOHNNY MCALLISTER LAND EDUC FN 0.75 0.00 X 0 0 0 JENNIFER JANET CHAP.LEADERS 1.05 0.00 X 5400 0 0 JOEL KING AT LARGE DIR 0.90 0.00 X 3200 0 0 WILLIAM ROLLINS AT LARGE DIR 0.75 0.00 X 0 0 0 CHRISTINA ASBURY AT LARGE DIR 0.85 0.00 X 2200 0 0 LUKE WORRELL PAST PRESIDE 0.75 0.00 X 0 0 0 RUSSELL RIGGS LEGISLATIVE/ 0.75 0.00 X 0 0 0 AUBRIE KOBERNUS CEO, NON-VOT 37.50 0.00 X 206815 0 57733 224115 57733 1 false true false MEMBERSHIP DUES,LESS ALLOC TF 900099 880869 880869 CONVENTIONS, EXCL FUNDRAISING 900099 381703 381703 EDUCATION COURSES & MEETINGS 900099 352468 352468 ADVERTISING & SPONSORS,EXCLTF 511120 163709 163709 TERRA FIRMA NEWSLETTER 511120 33478 22148 11330 -15346 -15346 1796881 71094 71094 21090 21090 1047413 1580 954723 92690 1580 94270 94270 LEF MANAGEMENT SERVICES 900099 22375 22375 OPEN FENCES MEDIA LLC 900099 -15247 -15247 7128 1990463 1770304 33705 186454 30000 224115 352549 34921 81504 41903 5262 39604 14221 121497 21762 97716 187994 41007 82859 260997 36313 LAYOUT 13500 PRINTING & PRODUCTION 12947 POSTAGE 10825 DONATION TO RPAC 2500 2390 1716386 0 0 0 1119656 983875 528588 1015360 951 8250 81314 97562 135284 99511 63514 35773 1474809 1598588 175000 140452 3443832 3879860 56984 134452 719333 859501 776317 993953 X 2667515 2885907 2667515 2885907 3443832 3879860 X 274077 -36781 -18904 X X false true X true false false false false 808801 2500 2500 2499 1 131960 99511 32449 32449 X SCHEDULE D, PAGE 3, PART X RLI FOLLOWS GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX EXPENSE OR BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE LIKELY THAN NOT TEST, NO TAX EXPENSE OR BENEFIT IS RECORDED. RLI RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. RLI HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF DECEMBER 31, 2024 AND 2023. DUE TO ITS TAX-EXEMPT STATUS, RLI IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. RLI DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. RLI IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL OR STATE TAXING AUTHORITIES FOR YEARS ENDING BEFORE DECEMBER 31, 2021. true LAND EDUCATION FOUNDATION 430 N MICHIGAN AVE CHICAGO IL 606114087 363374327 501C3 25000 SCHOLARSHIP FUNDS 1 SCHEDULE I, PAGE 1, PART I, LINE 2 RLI MONITORS THE USE OF DONATIONS TO THE LAND EDUCATION FOUNDATION (LEF) THROUGH SEVERAL METHODS. RLI PERSONNEL PROVIDE MANAGEMENT SERVICES TO LEF AND HAVE KNOWLEDGE OF THEIR OPERATIONS. A MEMBER OF THE RLI BOARD, BOB TURNER, IS VICE-CHAIR OF THE LEF BOARD. THE CHAIR OF THE LEF BOARD, JOHNNY MCALLISTER, IS A MEMBER OF THE RLI BOARD. THEREFORE, RLI IS ABLE TO MONITOR THAT LEF ONLY MAKES GRANTS TO US BASED INDIVIDUALS. X X X X X false false false AUBRIE KOBERNUS CEO, NON-VOTING 175000 26250 5565 17500 40233 264548 FORM 990 - ORGANIZATION'S MISSION THE REALTORS LAND INSTITUTE IS DEDICATED TO BUILDING KNOWLEDGE, BUILDING RELATIONSHIPS, AND BUILDING BUSINESS FOR ITS MEMBERS. IT IS A MEMBERSHIP ORGANIZATION CREATED FOR AND BY LAND SALES EXPERTS, AND OFFERS PROGRAMS AND SERVICES DESIGNED TO PROVIDE SUPERIOR LAND EDUCATION AND PROFESSIONAL DEVELOPMENT PROGRAMS, DEVELOP NETWORKING AND REFERRAL OPPORTUNITIES AND SERVE AS A VOICE IN WASHINGTON ON LAND-RELATED ISSUES. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS CONSIST OF THE BOARD, AND INDIVIDUALS WHO SERVE ON THE FOUR MAIN BOARD COMMITTEES. THESE GROUPS INCLUDE THE ALC DESIGNATION, EDUCATION, GOVERNMENT AFFAIRS AND FUTURE LEADERS COMMITTEES. THERE IS A NAR EXECUTIVE COMMITTEE REPRESENTATIVE, AND A CHAPTER LEADERSHIP COUNCIL COMMITTEE. THERE IS A PLANNING COMMITTEE FOR THE NATIONAL LAND CONFERENCE WHICH INVOLVES VOLUNTEERS WHETHER THE CONFERENCE IS IN-PERSON OR VIRTUAL. FORM 990, PAGE 2, PART III, LINE 4D AS A 501C6 ORGANIZATION, PROGRAM EXPENSES ARE NOT REQUIRED TO BE ALLOCATED ON THE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS. FORM 990, PART VI PART VI - QUESTION 6 THROUGH 7B RLI'S MEMBERS DO NOT POSSESS THE KINDS OF RIGHTS OUTLINED IN PART VI LINE 6 OF THE 990 INSTRUCTIONS. AS SUCH, THE ORGANIZATION HAS CHECKED "NO" TO THE QUESTIONS ON LINE 6 - 7B. PART VI - QUESTION 2- RELATED PARTY INFORMATION AMONG BOARD DIRECTORS: BOB TURNER SERVES ON THE BOARD OF THE LAND EDUCATION FOUNDATION AS VICE- CHAIR, IN ADDITION TO HIS POSITION AS NAR EXECUTIVE COMMITTEE CHAIR ON THE REALTORS LAND INSTITUTE BOARD. JOHNNY MCALLISTER SERVES ON THE BOARD OF THE LAND EDUCATION FOUNDATION AS CHAIR, IN ADDITION TO HIS POSITION AS LAND EDUCATION FOUNDATION COMMITTEE CHAIR ON THE REALTORS LAND INSTITUTE BOARD. SAM BOWERS AND FD BELL BOTH WORK FOR THE SAME REALTY BUSINESS, BOWERS AND BURNS REAL ESTATE IN NEWNAN, GA. MR. BOWERS IS PRESIDENT OF THE BUSINESS AND FD BELL IS A BROKER ASSOCIATE. DAN MURPHY AND GEOFF HURDLE ARE IN-LAWS, AS THE DAUGHTER OF ONE MARRIED THE SON OF THE OTHER. RLI HOLDS AN INVESTMENT IN OPEN FENCES MEDIA LLC, THE MANAGEMENT COMPANY OF THE LAND BROKER CO-OP. SEVERAL MEMBERS OF THE RLI BOARD ARE MEMBERS OF THE CO-OP. FORM 990, PAGE 6, PART VI, LINE 11B THE TAX RETURN IS REVIEWED BY THE OFFICERS DURING OR AFTER THE RLI JUNE 2025 BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C ON AN ANNUAL BASIS, THE DIRECTORS RECEIVE A QUESTIONNAIRE DESIGNED TO HELP IDENTIFY ANY CONFLICTS OF INTEREST ISSUES THAT MAY NEED TO BE ADDRESSED BY THE GOVERNING BODY. AS ADMINISTERED BY THE CHIEF EXECUTIVE OFFICER, EACH DIRECTOR WILL BE ASKED TO COMPLETE A CERTIFICATION OF AGREEMENT WITH THE RLI CONFLICT OF INTEREST POLICY AND DISCLOSURE OF ANY KNOWN CONFLICTS OF INTEREST UPON HIS OR HER ELECTION OR RE-ELECTION TO THE BOARD AND ANNUALLY THEREAFTER. EACH SENIOR STAFF MEMBER WILL BE ASKED TO COMPLETE SUCH A CERTIFICATION UPON HIS OR HER EMPLOYMENT AND ON AN ANNUAL BASIS THEREAFTER. ALL CERTIFICATIONS SHALL BE REVIEWED BY THE BOARD AS APPROPRIATE. WHENEVER ANY DIRECTOR HAS A CONFLICT OF INTEREST OR A PERCEIVED CONFLICT OF INTEREST THAT COULD NEGATIVELY IMPACT THE OPERATIONS OF THE REALTORS LAND INSTITUTE, HE OR SHE SHALL NOTIFY THE BOARD CHAIR OF SUCH CONFLICT IN WRITING. WHENEVER ANY STAFF MEMBER (PAID OR VOLUNTEER) HAS A CONFLICT OF INTEREST OR A PERCEIVED CONFLICT OF INTEREST THAT COULD NEGATIVELY IMPACT THE OPERATIONS OF THE REALTORS LAND INSTITUTE, HE OR SHE SHALL NOTIFY THE APPROPRIATE INDIVIDUAL, EITHER THE BOARD CHAIR OR THE CHIEF EXECUTIVE, OF SUCH CONFLICT IN WRITING. THE MINUTES OF THE MEETING OF THE BOARD OR ITS COMMITTEE SHALL REFLECT THAT CONFLICT OF INTEREST WAS DISCLOSED, THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE DISCUSSION OR DECISION ON THE MATTER, AND DID NOT VOTE. FORM 990, PAGE 6, PART VI, LINE 15A THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED USING COMPARABILITY DATA, PERFORMANCE EVALUATIONS AND OTHER INFORMATION APPROVED BY THE EXECUTIVE COMMITTEE OF THE RLI (REALTORS LAND INSTITUTE) BOARD OF DIRECTORS. THIS COMMITTEE CONSISTS OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT AND IMMEDIATE PAST PRESIDENT. THE DECISION REGARDING THE FINAL DETERMINATION OF THE COMPENSATION PACKAGE OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS DOCUMENTED IN THE EMPLOYEE'S HUMAN RESOURCES FILES. ON AN ANNUAL BASIS, THE CHIEF EXECUTIVE OFFICER HAS A PERFORMANCE EVALUATION WHICH IS USED TO DETERMINE ANY CHANGES IN PAY (INCLUDING BONUSES, COST OF LIVING AND MERIT INCREASES). THE CHIEF EXECUTIVE OFFICER'S COMPENSATION FOR THE 2024 TAX YEAR WAS DETERMINED AT HER EVALUATION IN DECEMBER 2023. STAFF PAY RAISES FOR 2024 WERE APPROVED AT THE DECEMBER 2023 BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON A CASE BY CASE BASIS UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AT ANY TIME. FORM 990, PART XI, LINE 9 NON-DIVIDEND DISTR-BKS MORE THAN TAX 397 SUBTRACT LOSS OPEN FENCES MEDIA K-1 -19,301 TOTAL -18,904 FORM 990, PART XII FORM 990, PART XII, LINE 2C THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ISSUED ON A CONSOLIDATED BASIS WITH THE NATIONAL ASSOCIATION OF REALTORS (NAR). NAR'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS.