2025-11-17T17:19:39-06:00 2024-12-31 WITHUMSMITHBROWNPC 1800 TYSONS BLVD SUITE 1800 TYSONS VA 22102 990 2024-01-01 952873622 Orange County Realtors % LIZ BARNDT ORAN 9495866800 25552 La Paz Road Laguna Hills CA 92629 NEIL D STEFANIDES CEO 9495866800 2025-11-17 true true RICHARD RUVELSON P00234075 3012726000 2025-11-17 2024 2025-03-06 01:10:19Z NEIL D STEFANIDES 25552 La Paz Road Laguna Hills CA 92629 15566633 false X WWW.OCAR.ORG X 1974 CA PROVIDE EDUCATIONAL AND SUPPORT SERVICES TO MEMBERS OF THE ASSOCIATION IN THE REAL ESTATE PROFESSION 23 22 36 24 8698558 0 54400 0 13058990 13067957 299023 560246 -78419 -54925 13333994 13573278 10500 15000 0 0 4666673 4993780 0 0 0 8288028 7755702 12965201 12764482 368793 808796 11935588 12812989 3584750 3456870 8350838 9356119 X 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 ASSOCIATION 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 false 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 57 0 true 36 true true true false false false true true false false false X 23 22 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 DAVID N STEFANIDES CEO 50.0 0.0 X 405845 0 35282 ELISABETH BARNDT CFO 50.0 0.0 X 342343 0 44747 SANDRA LOPEZ ASSOCIATION SERVICES DIRECTOR 50.0 0.0 X 194931 0 30086 SABRINA BLAIR DIRECTOR OF COMMUNICATIONS 40.0 0.0 X 181500 0 26098 TIFFANY M GARDNER DIRECTOR OF POLICY & RISK 40.0 0.0 X 174829 0 28363 CITLALIC ROBLES DIRECTOR OF PRO STANDARDS 40.0 0.0 X 156931 0 27188 DEBRA L RITTER UNKNOWN 40.0 0.0 X 139314 0 19165 ED MOLINA PRESIDENT-ELECT (EFF 05/24) 2.0 0.0 X X 18798 0 0 SCOTT WHITE IMMEDIATE PAST PRESIDENT 2.0 0.0 X X 7727 0 0 MARY RAMPONE DIRECTOR 1.0 0.0 X 6711 0 0 JEFFREY JACKSON PRESIDENT (TERM 04/24) 2.0 0.0 X X 6690 0 0 ERIN BARRY DIRECTOR 1.0 0.0 X 6286 0 0 LISA DUNN DIRECTOR 1.0 0.0 X 5792 0 0 MARY JANE CAMBRIA DIRECTOR 1.0 0.0 X 5057 0 0 CHIP MCALLISTER DIRECTOR 1.0 0.0 X 4822 0 0 TONY FAULKNER DIRECTOR 1.0 0.0 X 4706 0 0 CHARLEEN NAGATA NEWHOUSE TREASURER 2.0 0.0 X X 3353 0 0 EILEEN L OLDROYD DIRECTOR 1.0 0.0 X 2147 0 0 MARK BENNETT DIRECTOR 1.0 0.0 X 2130 0 0 KEVIN BUDDE DIRECTOR 1.0 0.0 X 0 0 0 CALEB GONZALEZ DIRECTOR 1.0 0.0 X 0 0 0 VAN T GORDON DIRECTOR 1.0 0.0 X 0 0 0 LEN HERMAN DIRECTOR 1.0 0.0 X 0 0 0 KEVIN KALTENBACH DIRECTOR 1.0 0.0 X 0 0 0 JEREMY LEHMAN DIRECTOR 1.0 0.0 X 0 0 0 PAUL LEPAGE DIRECTOR 1.0 0.0 X 0 0 0 STEVE MINO DIRECTOR 1.0 0.0 X 0 0 0 RANDY RECTOR DIRECTOR 1.0 0.0 X 0 0 0 LACY ROBERTSON DIRECTOR 1.0 0.0 X 0 0 0 LISA SCHULZ DIRECTOR 1.0 0.0 X 0 0 0 LYNNE SUZANSKI DIRECTOR 1.0 0.0 X 0 0 0 1669912 0 210929 12 false true false 0 0 LISTING SERVICES 531390 8278106 8278106 MEMBER DUES AND FEES 531390 4285639 4262141 23498 SUPRA ADMINISTRATION FEES 531390 445307 445307 ADVERTISING INCOME 531390 13027 13027 EVENTS AND EXPO 531390 38812 38812 7066 7066 13067957 496824 496824 0 0 0 0 0 1836514 1773092 63422 63422 63422 0 0 0 0 0 0 158883 220263 -61380 -61380 MISCELLANEOUS INCOME 900099 6455 6455 6455 13573278 4314474 8698558 560246 X 15000 0 0 0 902436 0 3159279 314040 323762 294263 0 64642 23712 0 0 35656 5110296 128267 342806 234207 0 432209 537756 0 505750 0 0 69017 54417 NEWSLETTER PRODUCTION COSTS 203786 MISCELLANEOUS EXPENSES 13181 12764482 X 812946 1266851 6883557 5522619 0 0 0 0 0 0 0 0 0 0 112743 90477 0 22245 4677984 2615510 487481 2062474 3616616 3848323 0 0 0 0 0 0 22245 0 11935588 12812989 0 0 0 0 3249957 3196408 0 0 0 0 0 0 0 0 0 0 334793 260462 3584750 3456870 X 8350838 9356119 0 0 8350838 9356119 11935588 12812989 X 808796 83018 113467 X X true X false true false false false false 4126031 0 0 0 0 176723 176723 3264748 1464556 1800192 1236513 1150954 85559 2062474 0 AMOUNTS COLLECTED ON OTHERS BEHALF 246709 DUE TO OCAR CARES 13753 260462 X SCHEDULE D, PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: The Association has been recognized by the Internal Revenue Service ("IRS") as exempt from federal income taxes under IRC Section 501(a) as an organization described in IRC Section 501(c)(6) and from state income taxes under California Revenue and Taxation Code Section 23701e. The Association is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS and related filings with California. The Association is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes and, therefore, is required to file an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS and related filings with California to report its unrelated business taxable income and remit the applicable taxes. 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, 2024, the Association has determined that no material uncertain tax positions qualify for disclosure in the financial statements. X X X X X false false false DAVID N STEFANIDES CEO 332845 0 67000 0 6000 0 34500 0 782 0 441127 0 0 0 ELISABETH BARNDT CFO 269893 0 72450 0 0 0 34234 0 10513 0 387090 0 0 0 DEBRA L RITTER UNKNOWN 114314 0 25000 0 0 0 13931 0 5234 0 158479 0 0 0 SANDRA LOPEZ ASSOCIATION SERVICES DIRECTOR 149931 0 45000 0 0 0 19493 0 10593 0 225017 0 0 0 SABRINA BLAIR DIRECTOR OF COMMUNICATIONS 151500 0 30000 0 0 0 18150 0 7948 0 207598 0 0 0 CITLALIC ROBLES DIRECTOR OF PRO STANDARDS 131931 0 25000 0 0 0 15693 0 11495 0 184119 0 0 0 TIFFANY M GARDNER DIRECTOR OF POLICY & RISK 149829 0 25000 0 0 0 17483 0 10880 0 203192 0 0 0 FORM 990 PART VII SECT A, COL D, AND SCH J, PART II, COL B: THE ORGANIZATION OUTSOURCES ITS HUMAN RESOURCES, INCLUDING PAYROLL PROCESSING, TO MODERN MANAGEMENT, INC. (EIN 95-4411314) AND STARTING 6/17/2024 TO INSPERITY PEO SERVICES, LP (EIN 76-06859539). THE ORGANIZATION'S EMPLOYEES ARE REPORTED ON FORM W-3 OF MODERN MANAGEMENT. AND EIN OF MODERN MANAGEMENT AND INSPERITY PEO SERVICES, LP. THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A REPRESENTS THE NUMBER OF THE ORGANIZATION'S EMPLOYEES WHO RECEIVED A 2024 FORM W-2 FROM MODERN MANAGEMENT AND INSPERITY PEO SERVICES, LP. THESE EMPLOYEES ARE INCLUDED ON FORM W-3 FILED BY MODERN MANAGEMENT AND INSPERITY PEO SERVICES, LP. FOR ADDITIONAL INFORMATION, CONTACT MODERN MANAGEMENT AT 310-360-5160 OR INSPERITY PEO SERVICES, LP AT 281-868-5741. FORM 990, PART VI, SECTION A, LINE 4: IN OCTOBER 2023, 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 CFO 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, CHIEF FINANCIAL OFFICER, 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 XI, LINE 9: COST OF INVENTORY -106,796 COST OF GOODS SOLD 220,263 TOTAL 113,467 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:4923852 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR TOTAL FEES:13098 FORM 990 PART IX LINE 11G DESCRIPTION:HUMAN RESOURCE SERVICES TOTAL FEES:173346