Form 990 for tax year 2022
Filed by THE REAL ESTATE COUNCIL OF AUSTIN.
Totals
- Total revenue
- $1,710,902
- Total expenses
- $1,734,162
- Contributions and grants received
- $878,688
- Grants paid
- $293,995
- Program service revenue
- $841,212
- Investment income
- $6,069
- Other revenue
- -$15,067
- Total assets, end of year
- $3,139,977
- Total liabilities, end of year
- $2,340,445
- Net assets or fund balances, end of year
- $799,532
- 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.
-
1c · Fundraising events
$822,656
-
1f · All other contributions, gifts and grants
$56,032
-
2a · Program service revenue: MEMBERSHIP DUES
total $662,725 · related or exempt $662,725
-
2b · Program service revenue: MEETING/EDUCATION
total $86,055 · related or exempt $86,055
-
2c · Program service revenue: RECA EXCHANGE
total $72,833 · related or exempt $72,833
-
2d · Program service revenue: LDC INCOME
total $19,450 · related or exempt $19,450
-
2e · Program service revenue: CAREER CENTER
total $149 · unrelated business $149
-
3 · Investment income
total $6,069 · excluded $6,069
-
8a · Fundraising events: gross income
$605,529
-
8a · Fundraising events: contributions included on line 1c
$822,656
-
8b · Fundraising events: direct expenses
$620,596
-
8c · Net income from fundraising events
total -$15,067 · excluded -$15,067
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $293,995
-
5 · Compensation of officers, directors and key employees
total $314,026
-
7 · Other salaries and wages
total $337,537
-
8 · Pension plan contributions
total $7,946
-
9 · Other employee benefits
total $39,138
-
10 · Payroll taxes
total $39,505
-
11b · Fees: legal
total $48,748
-
11c · Fees: accounting
total $26,794
-
11d · Fees: lobbying
total $98,377
-
11g · Fees: other
total $8,450
-
12 · Advertising and promotion
total $5,115
-
13 · Office expenses
total $81,955
-
14 · Information technology
total $44,611
-
16 · Occupancy
total $116,050
-
17 · Travel
total $1,934
-
19 · Conferences, conventions and meetings
total $121,152
-
20 · Interest
total $18,780
-
22 · Depreciation, depletion and amortization
total $14,589
-
23 · Insurance
total $18,365
-
24a · Other expenses: RECA EXCHANGE EXPENSE
total $42,704
-
24b · Other expenses: BOARD OF DIRECTORS
total $31,384
-
24c · Other expenses: LDC EXPENSE
total $13,668
-
24d · Other expenses: MEMBER RECRUITMENT
total $5,265
-
24e · All other expenses
total $4,074
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $501,281 · end of year $803,249
-
2 · Savings and temporary cash investments
beginning of year $901,212 · end of year $907,282
-
4 · Accounts receivable
beginning of year $966 · end of year $54
-
9 · Prepaid expenses and deferred charges
beginning of year $82,176 · end of year $139,353
-
10a · Land, buildings and equipment: cost or other basis
$114,518
-
10b · Land, buildings and equipment: accumulated depreciation
$103,148
-
10c · Land, buildings and equipment, net
beginning of year $25,959 · end of year $11,370
-
15 · Other assets
beginning of year $593,728 · end of year $1,278,669
-
17 · Accounts payable and accrued expenses
beginning of year $14,980 · end of year $32,582
-
19 · Deferred revenue
beginning of year $1,267,550 · end of year $1,669,455
-
25 · Other liabilities
end of year $638,408
-
27 · Net assets without donor restrictions
beginning of year $822,792 · end of year $799,532
Mission and programs · 2022
Mission
REPRESENTS INTEREST OF REAL ESTATE INDUSTRY IN CENTRAL TEXAS.
Activities or mission (Part I)
REPRESENTS INTERESTS OF REAL ESTATE INDUSTRY IN CENTRAL TEXAS.
-
MET WITH ELECTED OFFICALS AND STAFF OF GOVERNMENT ENTITIES TO PROMOTE AND DISCUSS LOCAL LEGISLATION AFFECTING THE COMMERICAL REAL ESTATE INDUSTRY.
-
HELD MONTHLY MEMBERSHIP MEETINGS TO EDUCATE AND UPDATE MEMBERS ON DEVELOPMENTS IN THE LOCAL COMMUNITY. MEETING INCLUDED GUEST SPEAKERS AND HAD AN AVERAGE ATTENDANCE OF 320 MEMBERS.
-
HELD THREE MAJOR EVENTS: KNOCK OUT NIGHT, GOLF TOURNMANENT, & TOP GOLF CHARITY.
-
SUPPORT/OPPOSE LOCAL GOVERNMENT INTIATIVES.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dianne BangleDIANNE BANGLE
CEO
- Total calculated
- $314,027
- From this org
- $272,819
- From related orgs
- $0
- Other
- $41,208
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $232,819
- Bonus
- $40,000
- Other
- not reported
- Deferred
- $6,960
- Nontaxable benefits
- $34,248
- Filer's total
- $314,027
-
Chris RandazzoCHRIS RANDAZZO
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cooper DrennerCOOPER DRENNER
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Aan ColemanAAN COLEMAN
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 10
-
Rachel CoulterRACHEL COULTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tyler GroomsTYLER GROOMS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Walt FergusonWALT FERGUSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Rich LeisyRICH LEISY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Rudy GarzaRUDY GARZA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Megan FreyMEGAN FREY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brittany CheverereBRITTANY CHEVERERE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Peter CesaroPETER CESARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John BurnhamJOHN BURNHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jed BuieJED BUIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh LickteigJOSH LICKTEIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kc WillisKC WILLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bradley BaileyBRADLEY BAILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert LeeROBERT LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mandy PopeMANDY POPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin BurnsKEVIN BURNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael LinehanMICHAEL LINEHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Derek VillemezDEREK VILLEMEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Keith DonahoeKEITH DONAHOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nicole MarburgerNICOLE MARBURGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Don WeekleyDON WEEKLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jacqueline DudleyJACQUELINE DUDLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mac McElwrathMAC MCELWRATH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert WootenROBERT WOOTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marissa McKinneyMARISSA MCKINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken HebsonKEN HEBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Shelly MitchellSHELLY MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nhat HoNHAT HO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sergio NegreteSERGIO NEGRETE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Harrison HudsonHARRISON HUDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ketan PatelKETAN PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael GonzalezMICHAEL GONZALEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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 · Compensation committee
- 3 · Compensation survey or study
- 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
-
RECA ADVANCING DEMOCRACY PAC
$229,000
OPERATIONAL SUPPORT
-
$20,000
OPERATIONAL SUPPORT
-
$10,000
OPERATIONAL SUPPORT
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.
-
RECA INC BUSINESS MPAC
527 · PAC · TX
-
RECA INC GOOD GOVERNMENT PAC
527 · PAC · TX
-
RECA ADVANCING DEMOCRACY PAC
527 · PAC · TX
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349330485
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