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← ARIZONA ASSOCIATION OF REALTORS

Form 990 for tax year 2022

Filed by ARIZONA ASSOCIATION OF REALTORS.

Totals

Total revenue
$10,907,765
Total expenses
$7,480,313
Contributions and grants received
$10,150,089
Grants paid
$0
Program service revenue
$352,449
Investment income
$418,921
Other revenue
-$13,694
Total assets, end of year
$42,574,921
Total liabilities, end of year
$4,220,262
Net assets or fund balances, end of year
$38,354,659
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $10,085,736

  • 1f · All other contributions, gifts and grants

    $64,353

  • 2a · Program service revenue: EDUCATION, CONFERENCES, PROG

    total $352,449 · excluded $352,449

  • 3 · Investment income

    total $418,921 · excluded $418,921

  • 6a · Gross rents

    real property $81,862

  • 6b · Less rental expenses

    real property $95,048

  • 6c · Rental income or loss

    real property -$13,186

  • 6d · Net rental income or loss

    total -$13,186 · excluded -$13,186

  • 11a · Other revenue: LAW BOOKS

    total $1,594 · unrelated business $1,594

  • 11b · Other revenue: MISCELLANEOUS

    total $1,279 · related or exempt $1,279

  • 11c · Other revenue: REACH VENTURES 2019 LP

    total -$3,381 · unrelated business -$3,381

  • 11e · Other revenue, total

    -$508

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $703,520

  • 7 · Other salaries and wages

    total $1,967,399

  • 8 · Pension plan contributions

    total $162,146

  • 9 · Other employee benefits

    total $215,503

  • 10 · Payroll taxes

    total $173,872

  • 11g · Fees: other

    total $316,021

  • 17 · Travel

    total $136,444

  • 19 · Conferences, conventions and meetings

    total $61,023

  • 22 · Depreciation, depletion and amortization

    total $144,720

  • 24a · Other expenses: CONTRACT FEES - OTHER

    total $1,266,284

  • 24b · Other expenses: CATERING/HOTEL

    total $504,310

  • 24c · Other expenses: DUES & COMMITMENTS

    total $253,539

  • 24d · Other expenses: CREDIT CARD & EFT FEES

    total $252,089

  • 24e · All other expenses

    total $1,323,443

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $440,452 · end of year $442,852

  • 2 · Savings and temporary cash investments

    beginning of year $18,848,287 · end of year $7,923,582

  • 4 · Accounts receivable

    beginning of year $20,958 · end of year $10,454

  • 9 · Prepaid expenses and deferred charges

    beginning of year $101,990 · end of year $135,981

  • 10a · Land, buildings and equipment: cost or other basis

    $5,302,957

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,303,775

  • 10c · Land, buildings and equipment, net

    beginning of year $2,083,886 · end of year $1,999,182

  • 11 · Investments: publicly traded securities

    beginning of year $20,054,029 · end of year $32,062,870

  • 17 · Accounts payable and accrued expenses

    beginning of year $59,971 · end of year $105,870

  • 19 · Deferred revenue

    beginning of year $4,825,640 · end of year $3,935,500

  • 23 · Secured mortgages and notes payable

    beginning of year $145,261 · end of year $116,307

  • 25 · Other liabilities

    beginning of year $50,806 · end of year $62,585

  • 27 · Net assets without donor restrictions

    beginning of year $35,667,105 · end of year $37,496,271

  • 28 · Net assets with donor restrictions

    beginning of year $800,819 · end of year $858,388

Mission and programs · 2022

Mission

TO SERVE ITS MEMBERS BY PROVIDING SERVICES THAT ENHANCE MEMBERS' ABILITIES TO CONDUCT THEIR BUSINESSES WITH INTEGRITY AND COMPETENCY, AND TO PROMOTE THE EXTENSION AND PRESERVATION OF PRIVATE PROPERTY RIGHTS.

  • LONEWOLF TECHNOLOGY SOFTWARE: SOFTWARE THAT ALLOWS MEMBERS ELECTRONIC ACCESS TO ALL ARIZONA ASSOCIATION OF REALTORS STANDARD REAL ESTATE FORMS (WITH UPDATES AND REVISIONS DONE ON A CONTINUING BASIS) AND PROVIDES FOR THE SHARING OF DATA BETWEEN ALL DOCUMENTS RELATED TO THE SAME TRANSACTION. THE SOFTWARE IS CURRENTLY UTILIZED BY APPROXIMATELY 33,407 MEMBERS. THE EXPENSE FOR THIS BENEFIT WAS 387,451 IN 2022 THROUGH LONEWOLF TECHNOLOGIES. SUPPORT IS PROVIDED THROUGH AAR'S BUSINESS SERVICES TEAM TO A MINIMUM OF 40 CALLERS PER DAY. ADDITIONALLY, FULL DAY TRAINING CLASSES ARE PROVIDED WEEKLY EACH MONTH.

  • LEGAL HOTLINE: THE LEGAL HOTLINE MEMBER BENEFIT ALLOWS AAR DESIGNATED BROKER MEMBERS AND AUTHORIZED MANAGERS TO CONTACT AN ATTORNEY FOR GENERAL REAL ESTATE LEGAL ADVICE. CURRENTLY UTILIZED BY 2,939 DESIGNATED BROKERS AND 540 BROKER DESIGNEES. THIS BENEFIT WAS PROVIDED BY ZELMS ERLICH & MACK LLP IN 2022 AT AN ANNUAL COST OF 201,465.

  • CLAREITY SECURITY LLC: OUR SINGLE SIGN ON PLATFORM IS A WEBSITE UTILIZED FROM THE CLAREITY COMPANY. IT SIMPLIFIED THE LOGIN PROCESS FOR VARIOUS MEMBER PLATFORMS, WEBSITES AND SEVERAL COOPERATING MLS SYSTEMS. IN 2022, THE SYSTEM WAS UTILIZED BY 26,613 MEMBERS AND THE EXPENSE FOR THIS BENEFIT WAS 163,865.

As filed on the 2022 return.

Listed in Part VII

  • Scott Drucker

    CEO

    Total calculated
    $386,741
    From this org
    $352,395
    From related orgs
    $0
    Other
    $34,346
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $352,395
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,346
    Nontaxable benefits
    not reported
    Filer's total
    $386,741
  • Michelle Lind

    COUNSEL

    Total calculated
    $385,507
    From this org
    $351,125
    From related orgs
    $0
    Other
    $34,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $351,125
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,382
    Nontaxable benefits
    not reported
    Filer's total
    $385,507
  • Barbara Freestone

    SR VP BUS DE

    Total calculated
    $182,269
    From this org
    $159,457
    From related orgs
    $0
    Other
    $22,812
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,457
    Bonus
    not reported
    Other
    not reported
    Deferred
    $22,812
    Nontaxable benefits
    not reported
    Filer's total
    $182,269
  • Nikki Salgat

    VP GOVERNMEN

    Total calculated
    $167,087
    From this org
    $145,653
    From related orgs
    $0
    Other
    $21,434
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,653
    Bonus
    not reported
    Other
    not reported
    Deferred
    $21,434
    Nontaxable benefits
    not reported
    Filer's total
    $167,087
  • Christina Smalls

    COO

    Total calculated
    $150,636
    From this org
    $130,223
    From related orgs
    $0
    Other
    $20,413
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,223
    Bonus
    not reported
    Other
    not reported
    Deferred
    $20,413
    Nontaxable benefits
    not reported
    Filer's total
    $150,636
  • Kristen Page

    CONTROLLER

    Total calculated
    $149,692
    From this org
    $137,466
    From related orgs
    $0
    Other
    $12,226
    Hours/week
    40
  • Matthew Contorelli

    GOVT AFFAIRS

    Total calculated
    $125,486
    From this org
    $105,408
    From related orgs
    $0
    Other
    $20,078
    Hours/week
    40
  • Bryan Anderson

    REGION 3 VP

    Total calculated
    $0
    Hours/week
    0.12
  • Kerri Beaufeaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • George Beitzel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lance Billingsley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Diana Bingham

    REGION 1 VP

    Total calculated
    $0
    Hours/week
    0.12
  • Polly Blackwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Sheryl Bowden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Paul Bruce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Allison Cahill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Linda Cedarblade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Riley Cilley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Fred Cleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Kimberly Clifton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lynn Cogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Kristan Cole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Shane Cook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Ron Copus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Andrea Crouch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Annette Dalton

    RRC PRESIDEN

    Total calculated
    $0
    Hours/week
    0.12
  • Jeff Dial

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Mike Dobbins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lori Doerfler

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    0.12
  • Christine Ellis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jan Marie Ennenga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Melinda Eslinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Gary Fenton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Deb Fisher

    REGION 4 VP

    Total calculated
    $0
    Hours/week
    0.12
  • Sue Flucke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Duane Fouts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jaclyn Fouts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Martha Kimsey Fuller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • William Gaddis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Michael Gant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Laya Gavin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Paige Gibbons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Eric Gibbs

    PRESIDENT-EL

    Total calculated
    $0
    Hours/week
    0.12
  • Andrew Glenn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Richard Gomez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Joyce Gonzalez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Dena Greenawalt

    REGION 2 VP

    Total calculated
    $0
    Hours/week
    0.12
  • Mari Lynn Hamiel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Liz Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Heather Heiligenthal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Susan Herber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Michael Hofstetter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Ginny Huffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Shauna Huisman

    WCR PRESIDEN

    Total calculated
    $0
    Hours/week
    0.12
  • M Faye Humphrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Maria Jimenez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Tiffany Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lynn Kent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jerome King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jodi Koch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Stacey Krolak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Tricia Lehane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Butch Leiber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jan Leighton

    IMMED PAST P

    Total calculated
    $0
    Hours/week
    0.12
  • Nancy Lerma

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • D Patrick Lewis

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    0.12
  • Marge Lindsay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Becca Linnig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Ben Little

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Mimi Lundy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Sandra Lunsford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • John Malozsak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Louis McCall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Cara McGuire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Joel McKinney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Keri Means

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jonathan Meins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Sam Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Gunner Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Polly Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Paula Monthofer

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    0.12
  • Tad Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jeff Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • John Murtaugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Chris Nace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Mandy Neat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Peggy Neely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Gary Nelson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.12
  • Susan Nicolson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jessica Noble

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lori Noonan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • John Nugent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jesi Orona

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Shelley Ostrowski

    FIRST VICE P

    Total calculated
    $0
    Hours/week
    0.12
  • Lisa Paffrath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Yvette Palmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Craig Peck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Pablo Picasso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Mike Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Rick Ramella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Sindy Ready

    TREASURER

    Total calculated
    $0
    Hours/week
    0.12
  • Steve Redmond

    REGION 5 VP

    Total calculated
    $0
    Hours/week
    0.12
  • Dusty Rhoton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Mary Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • James Robertson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Matias Rosales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Deborah Rose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Teresa Rubio-Acuna

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Rich La Rue

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Pam Ruggeroli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Craig Sanford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Kathryn Sanford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Russell Scheetz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • David Schmid

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Katherine Schoville

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Tina Seeley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jim Sexton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Jeanelle Shearer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Marci Slater

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Lisa Suarez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Catherine Swann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Laura Tarin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Judith Tassie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Cheryl Terpening

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Brian Teske

    CCIM PRESIDE

    Total calculated
    $0
    Hours/week
    0.12
  • Sabrina Walters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Duane Washkowiak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Barbara Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12
  • Margery Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323189349318822

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