Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 01-01-2010 and ending 12-31-2010
BCheck if applicable:
CName of organization
NATIONAL ASSOCIATION OF REALTORS
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
430 N Michigan Ave
 
Room/suite
City or town, state or country, and ZIP + 4
Chicago, IL60611
D Employer identification number

36-1520690
E Telephone number

G Gross receipts $ 302,218,567
F Name and address of principal officer:
DALE STINTON CEO
430 N Michigan Ave
Chicago,IL60611
I
Tax-exempt status: ( 6 ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.REALTOR.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1908
M State of legal domicile: IL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: THE NATIONAL ASSOCIATION OF REALTORS (NAR) PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT & EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND THE PUBLIC IN ORDER TO PRESERVE RIGHTS RELATED TO REAL PROPERTY.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 863
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 854
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 432
6 Total number of volunteers (estimate if necessary) .... 6 3,500
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 6,016,008
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 2,433,003
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 0 0
9 Program service revenue (Part VIII, line 2g) ......... 147,039,365 144,981,611
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 5,152,190 7,746,614
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 9,698,525 9,760,907
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 161,890,080 162,489,132
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 115,559 676,000
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 49,068,594 60,291,466
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 125,032,066 132,861,812
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 174,216,219 193,829,278
19 Revenue less expenses. Subtract line 18 from line 12...... -12,326,139 -31,340,146
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 279,353,923 274,120,469
21 Total liabilities (Part X, line 26)............ 74,616,323 81,611,723
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 204,737,600 192,508,746
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: NAR PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT, RESEARCH & EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND TO THE PUBLIC IN ORDER TO PRESERVE THE RIGHT TO OWN, USE AND TRANSFER REAL PROPERTY.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
NAR PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT, RESEARCH, AND THE EXCHANGE OF INFORMATION AMONG ITS MEMBERS AS WELL AS TO THE PUBLIC AND GOVERNMENT FOR THE PURPOSE OF PRESERVING THE FREE ENTERPRISE SYSTEM, AND THE RIGHT TO OWN, USE AND TRANSFER REAL PROPERTY. IN AN EFFORT TO FACILITATE THE EXCHANGE OF INFORMATION FROM THE ORGANIZATION'S LEADERSHIP TO ITS MEMBERS, THE ASSOCIATION USES VIDEO AND AUDIO PODCASTS THROUGHOUT THE YEAR FEATURING THE NAR PRESIDENT. ADDITIONALLY, THE NAR TREASURER AND REALTOR ASSOCIATION STAFF PRESENT SEVERAL PODCASTS RELATED TO REAL ESTATE PROFESSIONALS.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
NAR PROMOTES HIGH STANDARDS OF CONDUCT IN THE TRANSACTION OF REAL ESTATE BUSINESS AND HELPS TO ENSURE THAT THE PUBLIC RECOGNIZES THAT REALTORS ADHERE TO A STRICT CODE OF ETHICS. NAR'S PUBLIC AWARENESS CAMPAIGN DELIVERED POWERFUL MESSAGES TO NATIONAL AUDIENCES THROUGH COMPREHENSIVE MEDIA PROMOTIONS ENDORSING THE BENEFITS OF USING A REALTOR AND COUNTERING NEGATIVE HOUSING MARKET MESSAGES. ADDITIONALLY, THE ASSOCIATION CREATED THE SURROUND SOUND CAMPAIGN TO TEACH REALTORS HOW TO PRESENT POSITIVE MESSAGES TO CONSUMERS. THE FOCUS OF THE PROGRAM IS TO HELP STATE AND LOCAL REALTOR ASSOCIATIONS TELL BUYERS AND SELLERS ABOUT THE OPPORTUNITIES IN A CHALLENGING HOUSING MARKET. THE PROGRAM IS DESIGNED TO HELP REALTORS GENERATE AUTHENTIC OPTIMISM WITH CONSUMERS.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
NAR PROVIDES A BROAD-BASED PERSPECTIVE ON THE VALUE OF REAL PROPERTY OWNERSHIP AND THE IMPACT ON FAMILIES, COMMUNITIES AND SOCIETY. ACCORDINGLY, NAR CONTINUES TO SUPPORT PUBLIC POLICY ISSUES THAT ENHANCE HOUSING AFFORDABILITY AND THE AVAILABILITY FOR PEOPLE OF ALL BACKGROUNDS AND INCOME LEVELS TO OBTAIN HOME OWNERSHIP. THE ASSOCIATION'S REALTOR. COM AND HOUSELOGIC.COM ARE COMPANION WEB SITES FOR CONSUMERS, WHICH FEATURE INFORMATION ABOUT THE VALUE OF PROPERTY OWNERSHIP, ALLOW CONSUMERS TO DO THEIR OWN RESEARCH, AND HELP BUYERS AND SELLERS FIND REALTORS.
4d Other program services. (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$  
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? ........
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part IClick to see attachment..........
3
Yes
 
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part IIIClick to see attachment........................
5
Yes
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part I.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part II...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III ....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IV...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part V
10
 
No
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III.....
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
 
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV................... Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
Yes
 
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
381
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
432
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletBD , CJ
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
 
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
863
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
854
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
 
No
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
Yes
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
 
No
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
 
No
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
 
No
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
JOHN PIERPOINT
430 N MICHIGAN AVE
Chicago,IL60611
(312) 329-8200
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) VICKI COX GOLDER
PRESIDENT
 5 X   X       235,682 0 0
(2) RONALD PHIPPS
PRESIDENT-ELECT
 5 X   X       175,506 0 0
(3) MAURICE VEISSI
FIRST VICE PRESIDENT
 5 X   X       114,345 0 0
(4) JAMES HELSEL
TREASURER
 5 X   X       139,591 0 0
(5) CHARLES MCMILLAN
IMMEDIATE PAST PRESIDENT
 5 X   X       117,211 0 0
(6) GARY THOMAS
DIRECTOR
 1 X           99,586 0 0
(7) VINCE MALTA
DIRECTOR
 1 X           21,075 0 0
(8) BROOKE HUNT
DIRECTOR
 1 X           17,655 0 0
(9) DALE L ROSS
DIRECTOR
 1 X           464,370 0 34,760
(10) DALE STINTON
CEO
 38     X       1,903,966 0 34,760
(11) ROBERT GOLDBERG
SVP MARKETING AND BUS DEV
 38       X     728,728 0 34,760
(12) LAURENE JANIK
SVP GENERAL COUNSEL
 38       X     637,341 0 34,760
(13) DOUGLASS HINDERER
SVP HUMAN RESOURCES
 38       X     463,304 0 34,760
(14) FRANK SIBLEY
SVP COMMUNICATIONS & CONV
 38       X     613,092 0 34,760
(15) JOHN PIERPOINT
VP FINANCE AND COMPTROLLER
 38       X     275,206 0 30,169
(16) GERARD GIOVANIELLO
SVP GOV AFFAIRS
 38         X   573,051 0 34,760
(17) MARK LESSWING
SVP CHIEF TECH OFFICER
 38         X   470,899 0 34,760
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) WALTER WITEK
SVP COMMUNITY & POL AFFAIRS
 38         X   437,165 0 34,760
(19) SUNG L YUN
SVP CHIEF ECONOMIST
 38         X   444,278 0 34,760
(20) JANET BRANTON
SVP GLOBAL BUSINESS
 38         X   398,583 0 34,760
(21) STEVE CAWTHON
DIRECTOR
 1 X           0 0 0
(22) J DANNY COOPER
DIRECTOR
 1 X           0 0 0
(23) SHERRY W DINGES
DIRECTOR
 1 X           0 0 0
(24) JAMES L DYE
DIRECTOR
 1 X           0 0 0
(25) TAYLOR JERNIGAN
DIRECTOR
 1 X           0 0 0
(26) KEITH KELLEY
DIRECTOR
 1 X           0 0 0
(27) JUDY LOCKRIDGE
DIRECTOR
 1 X           0 0 0
(28) ROBERT MCMILLAN
DIRECTOR
 1 X           0 0 0
(29) LEONARD METZGER
DIRECTOR
 1 X           0 0 0
(30) PEYTON NORVILLE III
DIRECTOR
 1 X           0 0 0
(31) HENRY B RAY JR
DIRECTOR
 1 X           0 0 0
(32) ROBERT SCOTT
DIRECTOR
 1 X           0 0 0
(33) SANDY EHERENMAN
DIRECTOR
 1 X           0 0 0
(34) RUSSELL L JOYCE
DIRECTOR
 1 X           0 0 0
(35) PEGGYANN MCCONNOCHIE
DIRECTOR
 1 X           0 0 0
(36) DAVID B SOMERS
DIRECTOR
 1 X           0 0 0
(37) NICOLE BRULE-FISHER
DIRECTOR
 1 X           0 0 0
(38) GLENN CONROY
DIRECTOR
 1 X           0 0 0
(39) HOLLY H ESLINGER
DIRECTOR
 1 X           0 0 0
(40) TOM FARLEY
DIRECTOR
 1 X           0 0 0
(41) DUANE P FOUTS
DIRECTOR
 1 X           0 0 0
(42) EVAN D FUCHS
DIRECTOR
 1 X           0 0 0
(43) J COLLEEN GUNDERSON
DIRECTOR
 1 X           0 0 0
(44) C DALE HILLARD
DIRECTOR
 1 X           0 0 0
(45) KIM HORN
DIRECTOR
 1 X           0 0 0
(46) DEE L KEPP
DIRECTOR
 1 X           0 0 0
(47) ROSEMARY KOBERLEIN
DIRECTOR
 1 X           0 0 0
(48) FRED I LABELL
DIRECTOR
 1 X           0 0 0
(49) EARL W LEE
DIRECTOR
 1 X           0 0 0
(50) BARRY E LEHANE
DIRECTOR
 1 X           0 0 0
(51) JAN L LEIGHTON
DIRECTOR
 1 X           0 0 0
(52) JUDY LOWE
DIRECTOR
 1 X           0 0 0
(53) DOUGLAS E MCVINUA
DIRECTOR
 1 X           0 0 0
(54) KERRY M MELCHER
DIRECTOR
 1 X           0 0 0
(55) TRUDY G MOORE
DIRECTOR
 1 X           0 0 0
(56) CHRISTOPHER A PARIS
DIRECTOR
 1 X           0 0 0
(57) ROBERT W PEIRCE JR
DIRECTOR
 1 X           0 0 0
(58) SUSAN K RAMSEY
DIRECTOR
 1 X           0 0 0
(59) THOMAS E RIZEN
DIRECTOR
 1 X           0 0 0
(60) PATRICK F SANDERS
DIRECTOR
 1 X           0 0 0
(61) DIANE G SCHERER
DIRECTOR
 1 X           0 0 0
(62) PAULA E SERVEN
DIRECTOR
 1 X           0 0 0
(63) JAMES J SEXTON
DIRECTOR
 1 X           0 0 0
(64) GORDON SNYDER
DIRECTOR
 1 X           0 0 0
(65) JOHN STIH
DIRECTOR
 1 X           0 0 0
(66) JAMES J TSIGHIS
DIRECTOR
 1 X           0 0 0
(67) MICHAEL FORD
DIRECTOR
 1 X           0 0 0
(68) GRANT HENRY
DIRECTOR
 1 X           0 0 0
(69) CHRIS POLYCHRON
DIRECTOR
 1 X           0 0 0
(70) ANDREW M SCHAUS
DIRECTOR
 1 X           0 0 0
(71) DOUGLAS G SMITH
DIRECTOR
 1 X           0 0 0
(72) DOYLE YATES
DIRECTOR
 1 X           0 0 0
(73) KURT ALLAN
DIRECTOR
 1 X           0 0 0
(74) COLLEEN A BADAGLIACCO
DIRECTOR
 1 X           0 0 0
(75) ROBERT J BAILEY
DIRECTOR
 1 X           0 0 0
(76) JEFF VERNON BARNETT
DIRECTOR
 1 X           0 0 0
(77) SHARON A BOWLER
DIRECTOR
 1 X           0 0 0
(78) TOBY S BRADLEY
DIRECTOR
 1 X           0 0 0
(79) BILL E BROWN
DIRECTOR
 1 X           0 0 0
(80) DIANA L BULL
DIRECTOR
 1 X           0 0 0
(81) DAVID M CABOT
DIRECTOR
 1 X           0 0 0
(82) MARY JANE CAMBRIA
DIRECTOR
 1 X           0 0 0
(83) JOSEPH CARNAHAN
DIRECTOR
 1 X           0 0 0
(84) THOMAS WILLIAM CARNAHAN
DIRECTOR
 1 X           0 0 0
(85) ALLEN CHIANG
DIRECTOR
 1 X           0 0 0
(86) DAVE COBO
DIRECTOR
 1 X           0 0 0
(87) FRED D COLBY
DIRECTOR
 1 X           0 0 0
(88) CAROLYN DAGOSTA
DIRECTOR
 1 X           0 0 0
(89) WINNIE DAVIS
DIRECTOR
 1 X           0 0 0
(90) JUDY ELLIS
DIRECTOR
 1 X           0 0 0
(91) JAMES EZELL
DIRECTOR
 1 X           0 0 0
(92) CAROL FACCIPONTI
DIRECTOR
 1 X           0 0 0
(93) DON FAUGHT
DIRECTOR
 1 X           0 0 0
(94) VIRGINIA A FIELD
DIRECTOR
 1 X           0 0 0
(95) MELROSE FORDE
DIRECTOR
 1 X           0 0 0
(96) GREGG FUJITA
DIRECTOR
 1 X           0 0 0
(97) MARY A FUNK
DIRECTOR
 1 X           0 0 0
(98) WENDY FURTH
DIRECTOR
 1 X           0 0 0
(99) RICHARD F GAYLORD
DIRECTOR
 1 X           0 0 0
(100) STEVE L GODDARD
DIRECTOR
 1 X           0 0 0
(101) ART GODI
DIRECTOR
 1 X           0 0 0
(102) JIM HAMILTON
DIRECTOR
 1 X           0 0 0
(103) BOB HART
DIRECTOR
 1 X           0 0 0
(104) GLENN W HELLYER
DIRECTOR
 1 X           0 0 0
(105) HEATH HILGENBERG
DIRECTOR
 1 X           0 0 0
(106) DEBRA K HOWARD
DIRECTOR
 1 X           0 0 0
(107) DOROTHY JACKSON
DIRECTOR
 1 X           0 0 0
(108) PHIL JONES
DIRECTOR
 1 X           0 0 0
(109) ROBERT KEVANE
DIRECTOR
 1 X           0 0 0
(110) SHANNON WILLIAMS KING
DIRECTOR
 1 X           0 0 0
(111) KURT D KINSEY
DIRECTOR
 1 X           0 0 0
(112) MICKEY KNICKERBOCKER
DIRECTOR
 1 X           0 0 0
(113) ROBERT M KULICK
DIRECTOR
 1 X           0 0 0
(114) CHRISTINE M KUTZKEY
DIRECTOR
 1 X           0 0 0
(115) JIMMY LA PETER
DIRECTOR
 1 X           0 0 0
(116) JOYCE LEONARD
DIRECTOR
 1 X           0 0 0
(117) JAMES LIPTAK
DIRECTOR
 1 X           0 0 0
(118) ALAN LONG
DIRECTOR
 1 X           0 0 0
(119) TED LORING JR
DIRECTOR
 1 X           0 0 0
(120) GARY MACRIDES
DIRECTOR
 1 X           0 0 0
(121) MARK MARQUEZ
DIRECTOR
 1 X           0 0 0
(122) SUSAN D MARSHALL
DIRECTOR
 1 X           0 0 0
(123) WALTER T MC DONALD
DIRECTOR
 1 X           0 0 0
(124) GEOFF MCINTOSH
DIRECTOR
 1 X           0 0 0
(125) MARJORIE MCLAUGHLIN
DIRECTOR
 1 X           0 0 0
(126) KATHY MEHRINGER
DIRECTOR
 1 X           0 0 0
(127) PAUL C MERTZ
DIRECTOR
 1 X           0 0 0
(128) TERI MILES
DIRECTOR
 1 X           0 0 0
(129) OLGA MORETTI
DIRECTOR
 1 X           0 0 0
(130) LESLIE MUNGER
DIRECTOR
 1 X           0 0 0
(131) JUDITH L MYERS
DIRECTOR
 1 X           0 0 0
(132) ANDY NAZAROFF
DIRECTOR
 1 X           0 0 0
(133) KEN NEUFELD
DIRECTOR
 1 X           0 0 0
(134) MARIAN NORRIS
DIRECTOR
 1 X           0 0 0
(135) ALLEN M OKAMOTO
DIRECTOR
 1 X           0 0 0
(136) GREGORY J PAWLIK
DIRECTOR
 1 X           0 0 0
(137) BETH PEERCE
DIRECTOR
 1 X           0 0 0
(138) ANN L PETTIJOHN
DIRECTOR
 1 X           0 0 0
(139) CAS PINKOWSKI
DIRECTOR
 1 X           0 0 0
(140) BILL PLATTOS
DIRECTOR
 1 X           0 0 0
(141) JEANNE RADSICK
DIRECTOR
 1 X           0 0 0
(142) DON READINGER
DIRECTOR
 1 X           0 0 0
(143) EDWIN P RESUELLO
DIRECTOR
 1 X           0 0 0
(144) STEVE ROSCO
DIRECTOR
 1 X           0 0 0
(145) RICHARD J ROSENTHAL
DIRECTOR
 1 X           0 0 0
(146) LEIGH A RUTLEDGE
DIRECTOR
 1 X           0 0 0
(147) CARL SAN MIGUEL
DIRECTOR
 1 X           0 0 0
(148) LEO SAUNDERS
DIRECTOR
 1 X           0 0 0
(149) PHILLIP SCHAEFER
DIRECTOR
 1 X           0 0 0
(150) JOEL SINGER
DIRECTOR
 1 X           0 0 0
(151) RICHARD A SNYDER
DIRECTOR
 1 X           0 0 0
(152) JEFF SPOSITO
DIRECTOR
 1 X           0 0 0
(153) RICHARD H STONE
DIRECTOR
 1 X           0 0 0
(154) DAVID R TANNER
DIRECTOR
 1 X           0 0 0
(155) MIKE TEER
DIRECTOR
 1 X           0 0 0
(156) RICHARD TEGLEY
DIRECTOR
 1 X           0 0 0
(157) SHARON L TELLES
DIRECTOR
 1 X           0 0 0
(158) MICHAEL J TESSARO
DIRECTOR
 1 X           0 0 0
(159) ANN THROCKMORTON
DIRECTOR
 1 X           0 0 0
(160) JEAN TIETGEN
DIRECTOR
 1 X           0 0 0
(161) SUSAN TILLING
DIRECTOR
 1 X           0 0 0
(162) RICK A TURLEY
DIRECTOR
 1 X           0 0 0
(163) IRMA VARGAS
DIRECTOR
 1 X           0 0 0
(164) SUSAN VATERLAUS
DIRECTOR
 1 X           0 0 0
(165) RICK VIOLETT
DIRECTOR
 1 X           0 0 0
(166) CLARK E WALLACE
DIRECTOR
 1 X           0 0 0
(167) DAVID W WALSH
DIRECTOR
 1 X           0 0 0
(168) JEANNETTE WAY
DIRECTOR
 1 X           0 0 0
(169) ERIK A WEICHELT
DIRECTOR
 1 X           0 0 0
(170) STEVE WHITE
DIRECTOR
 1 X           0 0 0
(171) JOHN YEN YEN WONG
DIRECTOR
 1 X           0 0 0
(172) GENE A WUNDERLICH
DIRECTOR
 1 X           0 0 0
(173) THERESE A WUNDERLICH
DIRECTOR
 1 X           0 0 0
(174) JOHN A YOUNG
DIRECTOR
 1 X           0 0 0
(175) LIDIA YUN
DIRECTOR
 1 X           0 0 0
(176) JUDY WEISS ZEIGLER
DIRECTOR
 1 X           0 0 0
(177) PAT A ZICARELLI
DIRECTOR
 1 X           0 0 0
(178) DOUGLAS H BARBER
DIRECTOR
 1 X           0 0 0
(179) BOB L BROWN
DIRECTOR
 1 X           0 0 0
(180) THEODORE A BRYANT
DIRECTOR
 1 X           0 0 0
(181) KIT COWPERTHWAITE
DIRECTOR
 1 X           0 0 0
(182) AMY J DORSEY
DIRECTOR
 1 X           0 0 0
(183) GRETCHEN A FABER
DIRECTOR
 1 X           0 0 0
(184) ROBERT E GOLDEN
DIRECTOR
 1 X           0 0 0
(185) JAY K GUPTA
DIRECTOR
 1 X           0 0 0
(186) GEORGE R HARVEY JR
DIRECTOR
 1 X           0 0 0
(187) DENNIS L JOHNSON
DIRECTOR
 1 X           0 0 0
(188) CHRISTOPHER S MCELROY
DIRECTOR
 1 X           0 0 0
(189) WILLIAM M MOORE
DIRECTOR
 1 X           0 0 0
(190) RONALD L MYLES
DIRECTOR
 1 X           0 0 0
(191) LINDA L PHILPOTT
DIRECTOR
 1 X           0 0 0
(192) JANET G SCAVO
DIRECTOR
 1 X           0 0 0
(193) KAY WATSON
DIRECTOR
 1 X           0 0 0
(194) GREG ZADEL
DIRECTOR
 1 X           0 0 0
(195) ALLYSON J BERNARD
DIRECTOR
 1 X           0 0 0
(196) NICHOLLE DAGATA
DIRECTOR
 1 X           0 0 0
(197) KENNETH DELVECCHIO
DIRECTOR
 1 X           0 0 0
(198) ART DUEL
DIRECTOR
 1 X           0 0 0
(199) GENE F FERCODINI
DIRECTOR
 1 X           0 0 0
(200) LINDA A FERCODINI
DIRECTOR
 1 X           0 0 0
(201) MARK FOREMAN
DIRECTOR
 1 X           0 0 0
(202) BRENDAN B GRADY
DIRECTOR
 1 X           0 0 0
(203) PETER G HELIE
DIRECTOR
 1 X           0 0 0
(204) ROBERT J KENNEDY
DIRECTOR
 1 X           0 0 0
(205) BING LANTZ JR
DIRECTOR
 1 X           0 0 0
(206) SANDRA SCHEDE
DIRECTOR
 1 X           0 0 0
(207) BARBARA H SCHMERZLER
DIRECTOR
 1 X           0 0 0
(208) TERRENCE SHEEHAN
DIRECTOR
 1 X           0 0 0
(209) LINDA ST PETER
DIRECTOR
 1 X           0 0 0
(210) NATHAN B CARNES
DIRECTOR
 1 X           0 0 0
(211) JOSEPH HIMALI
DIRECTOR
 1 X           0 0 0
(212) RICHARD E HOLLANDER
DIRECTOR
 1 X           0 0 0
(213) K ADRIAN A HUNNINGS
DIRECTOR
 1 X           0 0 0
(214) BRENDA C SMALL
DIRECTOR
 1 X           0 0 0
(215) ARNOLD S TESH
DIRECTOR
 1 X           0 0 0
(216) DOMINIC TURANO
DIRECTOR
 1 X           0 0 0
(217) RICHARD F BROGAN
DIRECTOR
 1 X           0 0 0
(218) KEVIN S HENSLEY
DIRECTOR
 1 X           0 0 0
(219) WILLIAM A LUCKS
DIRECTOR
 1 X           0 0 0
(220) DENISE L TATMAN
DIRECTOR
 1 X           0 0 0
(221) BENJAMIN F ANDERSON
DIRECTOR
 1 X           0 0 0
(222) STEVEN D ASHER
DIRECTOR
 1 X           0 0 0
(223) DONALD L ASHER JR
DIRECTOR
 1 X           0 0 0
(224) ANDREW G BARBAR
DIRECTOR
 1 X           0 0 0
(225) RAYMOND BARKETT
DIRECTOR
 1 X           0 0 0
(226) RANDOLPH H BATES
DIRECTOR
 1 X           0 0 0
(227) TERESITA BERSACH
DIRECTOR
 1 X           0 0 0
(228) JANETTE M BRUZAS
DIRECTOR
 1 X           0 0 0
(229) RICHARD D BULLMAN
DIRECTOR
 1 X           0 0 0
(230) ROBERT W CALDWELL III
DIRECTOR
 1 X           0 0 0
(231) WENDELL D DAVIS
DIRECTOR
 1 X           0 0 0
(232) RALPH E DE MARTINO
DIRECTOR
 1 X           0 0 0
(233) ANN M DEFRIES
DIRECTOR
 1 X           0 0 0
(234) NORKA M DIAZ
DIRECTOR
 1 X           0 0 0
(235) ROBERT H ELROD
DIRECTOR
 1 X           0 0 0
(236) BRENDA C FIORETTI
DIRECTOR
 1 X           0 0 0
(237) PATRICIA S FITZGERALD
DIRECTOR
 1 X           0 0 0
(238) JOHN FRIDLINGTON
DIRECTOR
 1 X           0 0 0
(239) RICHARD T FRYER
DIRECTOR
 1 X           0 0 0
(240) WILLIAM C FURST JR
DIRECTOR
 1 X           0 0 0
(241) BRENDA G GHIBAUDI
DIRECTOR
 1 X           0 0 0
(242) BETTY B GONZALEZ
DIRECTOR
 1 X           0 0 0
(243) SUMMER J GREENE
DIRECTOR
 1 X           0 0 0
(244) FRANCOIS K GREGOIRE
DIRECTOR
 1 X           0 0 0
(245) RUSSELL GROOMS
DIRECTOR
 1 X           0 0 0
(246) CHRISTINE E HANSEN
DIRECTOR
 1 X           0 0 0
(247) TINA C HARRIS
DIRECTOR
 1 X           0 0 0
(248) JAMES G HEIDISCH
DIRECTOR
 1 X           0 0 0
(249) BOB S HUDGENS
DIRECTOR
 1 X           0 0 0
(250) BUDGE S HUSKEY
DIRECTOR
 1 X           0 0 0
(251) MILAGROS S KANYAR
DIRECTOR
 1 X           0 0 0
(252) KEVIN KENT
DIRECTOR
 1 X           0 0 0
(253) CHRISTIE D KNIGHT
DIRECTOR
 1 X           0 0 0
(254) FRANK E KOWALSKI
DIRECTOR
 1 X           0 0 0
(255) BONNIE S LAZAR
DIRECTOR
 1 X           0 0 0
(256) JACK L LEVINE
DIRECTOR
 1 X           0 0 0
(257) ANTHONY MACALUSO
DIRECTOR
 1 X           0 0 0
(258) SHERRI MEADOWS
DIRECTOR
 1 X           0 0 0
(259) REINALDO L MESA
DIRECTOR
 1 X           0 0 0
(260) STEVEN W MOREIRA
DIRECTOR
 1 X           0 0 0
(261) HENRY E OLTMANNS
DIRECTOR
 1 X           0 0 0
(262) MICHAEL W OWEN
DIRECTOR
 1 X           0 0 0
(263) DALE E PETERSON
DIRECTOR
 1 X           0 0 0
(264) BEVERLY Y PINDLING
DIRECTOR
 1 X           0 0 0
(265) MARTHA POMARES
DIRECTOR
 1 X           0 0 0
(266) WILLIAM B RICHARDSON
DIRECTOR
 1 X           0 0 0
(267) NANCY J RILEY
DIRECTOR
 1 X           0 0 0
(268) JACK N RODRIGUEZ
DIRECTOR
 1 X           0 0 0
(269) GREGORY D ROKEH
DIRECTOR
 1 X           0 0 0
(270) OLIVER RUIZ
DIRECTOR
 1 X           0 0 0
(271) JOHN J RURKOWSKI
DIRECTOR
 1 X           0 0 0
(272) THOMAS F SALOMONE
DIRECTOR
 1 X           0 0 0
(273) JAMES D SELVEY
DIRECTOR
 1 X           0 0 0
(274) CYNTHIA C SHELTON
DIRECTOR
 1 X           0 0 0
(275) SUZANNE SHERER
DIRECTOR
 1 X           0 0 0
(276) ERICK H SHUMWAY
DIRECTOR
 1 X           0 0 0
(277) BONNIE L SIECKER
DIRECTOR
 1 X           0 0 0
(278) JOANN J SMITH
DIRECTOR
 1 X           0 0 0
(279) HEATHER SMITH
DIRECTOR
 1 X           0 0 0
(280) DJ SNAPP III
DIRECTOR
 1 X           0 0 0
(281) ZSOLT SZERENCSES
DIRECTOR
 1 X           0 0 0
(282) VERNON E TAYLOR
DIRECTOR
 1 X           0 0 0
(283) VICTOR O ULLOA
DIRECTOR
 1 X           0 0 0
(284) ERNESTO VEGA
DIRECTOR
 1 X           0 0 0
(285) MADELINE H VEISSI
DIRECTOR
 1 X           0 0 0
(286) MARIA S WELLS
DIRECTOR
 1 X           0 0 0
(287) CATHERINE B WHATLEY
DIRECTOR
 1 X           0 0 0
(288) JOHN R WOOD
DIRECTOR
 1 X           0 0 0
(289) JAN M BAKER
DIRECTOR
 1 X           0 0 0
(290) DANA D BAUGUSS
DIRECTOR
 1 X           0 0 0
(291) WILLIAM G BOATMAN
DIRECTOR
 1 X           0 0 0
(292) ARLENE DAVIS
DIRECTOR
 1 X           0 0 0
(293) TODD J EMERSON
DIRECTOR
 1 X           0 0 0
(294) STEVEN FISCHER
DIRECTOR
 1 X           0 0 0
(295) DANIEL T FORSMAN
DIRECTOR
 1 X           0 0 0
(296) ANNE D GAULT
DIRECTOR
 1 X           0 0 0
(297) DEBORAH T GILMORE
DIRECTOR
 1 X           0 0 0
(298) R NEAL JACKSON
DIRECTOR
 1 X           0 0 0
(299) ALAN L JOEL
DIRECTOR
 1 X           0 0 0
(300) VAN JOHNSON
DIRECTOR
 1 X           0 0 0
(301) DEBRA S JUNKIN
DIRECTOR
 1 X           0 0 0
(302) BARBARA B KENNON
DIRECTOR
 1 X           0 0 0
(303) ROBIN LANCE
DIRECTOR
 1 X           0 0 0
(304) DAVID S LECRAW
DIRECTOR
 1 X           0 0 0
(305) TIMOTHY MCFADDEN
DIRECTOR
 1 X           0 0 0
(306) WIGHT M MIXON
DIRECTOR
 1 X           0 0 0
(307) LINDA CAROL PORTERFIELD
DIRECTOR
 1 X           0 0 0
(308) JUDITH J PRESLEY
DIRECTOR
 1 X           0 0 0
(309) CHARLOTTE S SEARS
DIRECTOR
 1 X           0 0 0
(310) JOHN J SLAPPEY
DIRECTOR
 1 X           0 0 0
(311) GILMER G WESTON JR
DIRECTOR
 1 X           0 0 0
(312) SHEA ZIMMERMAN
DIRECTOR
 1 X           0 0 0
(313) ELMORE A COTTON
DIRECTOR
 1 X           0 0 0
(314) CHRISTOPHER K FELIX
DIRECTOR
 1 X           0 0 0
(315) ANTHONY RAY GODWIN
DIRECTOR
 1 X           0 0 0
(316) PEGGY ARAULLO LLAGAS
DIRECTOR
 1 X           0 0 0
(317) SANDRA L BANGERTER
DIRECTOR
 1 X           0 0 0
(318) BRIAN C BENTON
DIRECTOR
 1 X           0 0 0
(319) WILLIAM S CHEE
DIRECTOR
 1 X           0 0 0
(320) JOHN R CONNELLEY
DIRECTOR
 1 X           0 0 0
(321) NANCY DONAHUE-JONES
DIRECTOR
 1 X           0 0 0
(322) JUDITH E KALBRENER
DIRECTOR
 1 X           0 0 0
(323) TRACY S STICE
DIRECTOR
 1 X           0 0 0
(324) JULIE D DELORENZO
DIRECTOR
 1 X           0 0 0
(325) GAIL M HARTNETT
DIRECTOR
 1 X           0 0 0
(326) SHIRLEY M HICKS
DIRECTOR
 1 X           0 0 0
(327) GEORGIA MEACHAM
DIRECTOR
 1 X           0 0 0
(328) KEVIN PRICE
DIRECTOR
 1 X           0 0 0
(329) LORETTA J ALONZO
DIRECTOR
 1 X           0 0 0
(330) GENIE BIRCH
DIRECTOR
 1 X           0 0 0
(331) GLORIA BOWMAN
DIRECTOR
 1 X           0 0 0
(332) PAT V CALLAN
DIRECTOR
 1 X           0 0 0
(333) WAYNE P CAPLAN
DIRECTOR
 1 X           0 0 0
(334) DOUGLAS D CARPENTER
DIRECTOR
 1 X           0 0 0
(335) ALEXANDER R CHAPARRO
DIRECTOR
 1 X           0 0 0
(336) GARY L CLAYTON
DIRECTOR
 1 X           0 0 0
(337) NINA COTTRELL
DIRECTOR
 1 X           0 0 0
(338) JEAN CROSBY
DIRECTOR
 1 X           0 0 0
(339) RICHARD CROSBY
DIRECTOR
 1 X           0 0 0
(340) PATRICK A DALESSANDRO
DIRECTOR
 1 X           0 0 0
(341) LINDA L DORE
DIRECTOR
 1 X           0 0 0
(342) MARY FLEISCHMANN
DIRECTOR
 1 X           0 0 0
(343) SHERYL L DER WHITEHURST
DIRECTOR
 1 X           0 0 0
(344) SUSAN J GROENEVELD
DIRECTOR
 1 X           0 0 0
(345) MABEL G GUZMAN
DIRECTOR
 1 X           0 0 0
(346) DAVID E HANNA
DIRECTOR
 1 X           0 0 0
(347) LISA HATHAWAY
DIRECTOR
 1 X           0 0 0
(348) JOHN C KMIECIK
DIRECTOR
 1 X           0 0 0
(349) GARY KRYSLER
DIRECTOR
 1 X           0 0 0
(350) CHARLES MELIDOSIAN
DIRECTOR
 1 X           0 0 0
(351) SUSAN J MILLER
DIRECTOR
 1 X           0 0 0
(352) MICHAEL D OLDENETTEL
DIRECTOR
 1 X           0 0 0
(353) MICHAEL ONORATO
DIRECTOR
 1 X           0 0 0
(354) PATRICIA PALZET-TAYLOR
DIRECTOR
 1 X           0 0 0
(355) CHRIS A READ
DIRECTOR
 1 X           0 0 0
(356) LYNN E REICH
DIRECTOR
 1 X           0 0 0
(357) DEAN ROUSO
DIRECTOR
 1 X           0 0 0
(358) RUSSELL SALZMAN
DIRECTOR
 1 X           0 0 0
(359) GINNY SHIPE
DIRECTOR
 1 X           0 0 0
(360) STAN J SIERON
DIRECTOR
 1 X           0 0 0
(361) JUDY H STOWE
DIRECTOR
 1 X           0 0 0
(362) CHRISTOPHER ALLEN TENGGREN
DIRECTOR
 1 X           0 0 0
(363) JOHN P VRANAS
DIRECTOR
 1 X           0 0 0
(364) KAY M WIRTH
DIRECTOR
 1 X           0 0 0
(365) H SUE WISKOWSKI-FAIR
DIRECTOR
 1 X           0 0 0
(366) SUE APPLEGATE
DIRECTOR
 1 X           0 0 0
(367) KARL BERRON
DIRECTOR
 1 X           0 0 0
(368) DAVE GOFF
DIRECTOR
 1 X           0 0 0
(369) RUDY KOCH
DIRECTOR
 1 X           0 0 0
(370) LAWRENCE W MITCHELL
DIRECTOR
 1 X           0 0 0
(371) SUE PFOHL
DIRECTOR
 1 X           0 0 0
(372) MELODY SANCHEZ
DIRECTOR
 1 X           0 0 0
(373) RANDY SCHEIDT
DIRECTOR
 1 X           0 0 0
(374) HARLEY W SNYDER
DIRECTOR
 1 X           0 0 0
(375) PAT WILLIAMS
DIRECTOR
 1 X           0 0 0
(376) PAUL WYMAN
DIRECTOR
 1 X           0 0 0
(377) JOAN BALLANTYNE
DIRECTOR
 1 X           0 0 0
(378) DAVID L BERT
DIRECTOR
 1 X           0 0 0
(379) CAREY M JENSEN
DIRECTOR
 1 X           0 0 0
(380) TERRY L KNAPP
DIRECTOR
 1 X           0 0 0
(381) RICHARD J KOESTNER
DIRECTOR
 1 X           0 0 0
(382) LARRY PICKERING
DIRECTOR
 1 X           0 0 0
(383) KURT H SCHADE
DIRECTOR
 1 X           0 0 0
(384) BENJAMIN F BLAIR
DIRECTOR
 1 X           0 0 0
(385) CHRISTOPHER D COLLINS
DIRECTOR
 1 X           0 0 0
(386) KAREN GEHLE
DIRECTOR
 1 X           0 0 0
(387) BRIAN K JONES
DIRECTOR
 1 X           0 0 0
(388) CAROL B MANGAN
DIRECTOR
 1 X           0 0 0
(389) CARLTON LEE MC CLELLAND
DIRECTOR
 1 X           0 0 0
(390) JOHN W MCKENZIE
DIRECTOR
 1 X           0 0 0
(391) LINDA M VAUGHAN
DIRECTOR
 1 X           0 0 0
(392) NESTOR R WEIGAND JR
DIRECTOR
 1 X           0 0 0
(393) STEPHEN R CASPER
DIRECTOR
 1 X           0 0 0
(394) LINDA GIBSON CECIL
DIRECTOR
 1 X           0 0 0
(395) JAYNE COX
DIRECTOR
 1 X           0 0 0
(396) C GALE FULTON
DIRECTOR
 1 X           0 0 0
(397) SUSAN HELM
DIRECTOR
 1 X           0 0 0
(398) CHARLIE L MURPHY
DIRECTOR
 1 X           0 0 0
(399) DAVID P SCHOEPF
DIRECTOR
 1 X           0 0 0
(400) JOSEPH E SIMMS
DIRECTOR
 1 X           0 0 0
(401) JOHN W SMITHER
DIRECTOR
 1 X           0 0 0
(402) GLENN M GARDNER SR
DIRECTOR
 1 X           0 0 0
(403) SANDRA A GUIDROZ
DIRECTOR
 1 X           0 0 0
(404) MICHAEL O INDEST
DIRECTOR
 1 X           0 0 0
(405) RICHARD E JUGE
DIRECTOR
 1 X           0 0 0
(406) CONNIE KYLE
DIRECTOR
 1 X           0 0 0
(407) MARBURY A LITTLE
DIRECTOR
 1 X           0 0 0
(408) ANDREA P MCKEY
DIRECTOR
 1 X           0 0 0
(409) STERLING J ORY JR
DIRECTOR
 1 X           0 0 0
(410) FRANK A TRAPANI
DIRECTOR
 1 X           0 0 0
(411) RANDALL L WALKER
DIRECTOR
 1 X           0 0 0
(412) MALCOLM YOUNG
DIRECTOR
 1 X           0 0 0
(413) CYNTHIA B BUTTS
DIRECTOR
 1 X           0 0 0
(414) MARC W CHADBOURNE
DIRECTOR
 1 X           0 0 0
(415) MICHEL J LEPAGE
DIRECTOR
 1 X           0 0 0
(416) SHARON A MILLETT
DIRECTOR
 1 X           0 0 0
(417) RITA E YARNOLD
DIRECTOR
 1 X           0 0 0
(418) MARY ANTOUN
DIRECTOR
 1 X           0 0 0
(419) CINDY G ARIOSA
DIRECTOR
 1 X           0 0 0
(420) MICHAEL F CERRITO
DIRECTOR
 1 X           0 0 0
(421) ADAM D COCKEY JR
DIRECTOR
 1 X           0 0 0
(422) DANIEL A EARLY
DIRECTOR
 1 X           0 0 0
(423) GLORIA M FARRAR
DIRECTOR
 1 X           0 0 0
(424) ILENE S KESSLER
DIRECTOR
 1 X           0 0 0
(425) CAROLE A MACLURE
DIRECTOR
 1 X           0 0 0
(426) STEPHEN F MESZAROS
DIRECTOR
 1 X           0 0 0
(427) MICHAEL MORAN
DIRECTOR
 1 X           0 0 0
(428) SHELLY M MURRAY
DIRECTOR
 1 X           0 0 0
(429) JOANNE E POOLE
DIRECTOR
 1 X           0 0 0
(430) SILVIA S RODRIGUEZ
DIRECTOR
 1 X           0 0 0
(431) NANCY R SIMPERS
DIRECTOR
 1 X           0 0 0
(432) JOHN W STEFFEY SR
DIRECTOR
 1 X           0 0 0
(433) CATHY A WERNER
DIRECTOR
 1 X           0 0 0
(434) ROBERT N AUTHIER
DIRECTOR
 1 X           0 0 0
(435) DOUGLAS C AZARIAN
DIRECTOR
 1 X           0 0 0
(436) DAVID H BRADLEY
DIRECTOR
 1 X           0 0 0
(437) H SANDY BROWN
DIRECTOR
 1 X           0 0 0
(438) LAURIE E CADIGAN
DIRECTOR
 1 X           0 0 0
(439) MICHAEL L JEWELL
DIRECTOR
 1 X           0 0 0
(440) AMLETO MARTOCCHIA
DIRECTOR
 1 X           0 0 0
(441) JUDY E MOORE
DIRECTOR
 1 X           0 0 0
(442) DAVID M PERETTI
DIRECTOR
 1 X           0 0 0
(443) JAMIE REGAN
DIRECTOR
 1 X           0 0 0
(444) SUSAN M RENFREW
DIRECTOR
 1 X           0 0 0
(445) D GARY ROGERS
DIRECTOR
 1 X           0 0 0
(446) PETER W RUFFINI
DIRECTOR
 1 X           0 0 0
(447) KEVIN M SEARS
DIRECTOR
 1 X           0 0 0
(448) MAGGIE C TOMKIEWICZ
DIRECTOR
 1 X           0 0 0
(449) DAVID WLUKA
DIRECTOR
 1 X           0 0 0
(450) EDMUND G WOODS JR
DIRECTOR
 1 X           0 0 0
(451) SAM R BAKI
DIRECTOR
 1 X           0 0 0
(452) DANIEL J COFFEY
DIRECTOR
 1 X           0 0 0
(453) PAT V COMBS
DIRECTOR
 1 X           0 0 0
(454) DANIEL ELSEA
DIRECTOR
 1 X           0 0 0
(455) BETH M FOLEY
DIRECTOR
 1 X           0 0 0
(456) SCOTT C FFITH
DIRECTOR
 1 X           0 0 0
(457) ROLAND J LEDEBUHR
DIRECTOR
 1 X           0 0 0
(458) WILLIAM J MARTIN
DIRECTOR
 1 X           0 0 0
(459) GORDON J MCCANN
DIRECTOR
 1 X           0 0 0
(460) NANCI RANDS
DIRECTOR
 1 X           0 0 0
(461) GARY J REGGISH
DIRECTOR
 1 X           0 0 0
(462) PAUL SCOTT
DIRECTOR
 1 X           0 0 0
(463) KELLY M SWEENEY
DIRECTOR
 1 X           0 0 0
(464) ROBERT E TAYLOR JR
DIRECTOR
 1 X           0 0 0
(465) DONALD H TREADWELL JR
DIRECTOR
 1 X           0 0 0
(466) TERRY E WESTBROOK
DIRECTOR
 1 X           0 0 0
(467) DOUGLAS C WHITEHOUSE
DIRECTOR
 1 X           0 0 0
(468) CLAIRE L WILLIAMS
DIRECTOR
 1 X           0 0 0
(469) BUDD R BATTERSON
DIRECTOR
 1 X           0 0 0
(470) JAMES P CORMIER
DIRECTOR
 1 X           0 0 0
(471) FRAN DAVIS
DIRECTOR
 1 X           0 0 0
(472) CHRIS GALLER
DIRECTOR
 1 X           0 0 0
(473) MICHAEL R HOFFMAN
DIRECTOR
 1 X           0 0 0
(474) ROB MEHTA
DIRECTOR
 1 X           0 0 0
(475) RONALD J PELTIER
DIRECTOR
 1 X           0 0 0
(476) RUSSELL J PORTELE
DIRECTOR
 1 X           0 0 0
(477) JOSEPH REIS JR
DIRECTOR
 1 X           0 0 0
(478) JAMES C REITER
DIRECTOR
 1 X           0 0 0
(479) TODD A SHIPMAN
DIRECTOR
 1 X           0 0 0
(480) JOHN S SMABY
DIRECTOR
 1 X           0 0 0
(481) JERRY R TEESON
DIRECTOR
 1 X           0 0 0
(482) JUNE A WIENER
DIRECTOR
 1 X           0 0 0
(483) TONY JONES
DIRECTOR
 1 X           0 0 0
(484) BRUCE KAMMER
DIRECTOR
 1 X           0 0 0
(485) NANCY M LANE
DIRECTOR
 1 X           0 0 0
(486) JAMES W ASBURY
DIRECTOR
 1 X           0 0 0
(487) BRUCE H AYDT
DIRECTOR
 1 X           0 0 0
(488) ROBERT W BORGMANN
DIRECTOR
 1 X           0 0 0
(489) LETTY DEMAY
DIRECTOR
 1 X           0 0 0
(490) JOHN RYAN GATTERMEIR
DIRECTOR
 1 X           0 0 0
(491) NATE K JOHNSON
DIRECTOR
 1 X           0 0 0
(492) LARRY KEATING
DIRECTOR
 1 X           0 0 0
(493) JOHN D MAYFIELD
DIRECTOR
 1 X           0 0 0
(494) R DENNIS MCCLELLAND
DIRECTOR
 1 X           0 0 0
(495) ELIZABETH JANE MENDENHALL
DIRECTOR
 1 X           0 0 0
(496) RICHARD A MENDENHALL
DIRECTOR
 1 X           0 0 0
(497) R LAYNE MORRILL
DIRECTOR
 1 X           0 0 0
(498) BRENDA OLIVER
DIRECTOR
 1 X           0 0 0
(499) RENEE RYAN EDWARDS
DIRECTOR
 1 X           0 0 0
(500) DIANA L SUTHERLAND
DIRECTOR
 1 X           0 0 0
(501) GLENN VATTEROTT
DIRECTOR
 1 X           0 0 0
(502) BETTY KISSOCK
DIRECTOR
 1 X           0 0 0
(503) DONNA KOSTELECKY
DIRECTOR
 1 X           0 0 0
(504) TIMOTHY L LUND
DIRECTOR
 1 X           0 0 0
(505) MARK MACEK
DIRECTOR
 1 X           0 0 0
(506) LINDA PARKER
DIRECTOR
 1 X           0 0 0
(507) PEGGY TRENK
DIRECTOR
 1 X           0 0 0
(508) DANIEL D WAGNER
DIRECTOR
 1 X           0 0 0
(509) TAMELA A BROOKHOUSER
DIRECTOR
 1 X           0 0 0
(510) RITA M GRIESS
DIRECTOR
 1 X           0 0 0
(511) HENRY KAMMANDEL JR
DIRECTOR
 1 X           0 0 0
(512) SHAWN P MALOY
DIRECTOR
 1 X           0 0 0
(513) GENE F WARD
DIRECTOR
 1 X           0 0 0
(514) PAUL G BELL III
DIRECTOR
 1 X           0 0 0
(515) JOHN R GALL
DIRECTOR
 1 X           0 0 0
(516) KOLLEEN L KELLEY
DIRECTOR
 1 X           0 0 0
(517) MYRNA KINGHAM
DIRECTOR
 1 X           0 0 0
(518) CHARLES T KITCHEN
DIRECTOR
 1 X           0 0 0
(519) GINA LYON
DIRECTOR
 1 X           0 0 0
(520) SUE E NAUMANN
DIRECTOR
 1 X           0 0 0
(521) GEORGE F PEEK
DIRECTOR
 1 X           0 0 0
(522) DEVIN J REISS
DIRECTOR
 1 X           0 0 0
(523) LINDA A RHEINBERGER
DIRECTOR
 1 X           0 0 0
(524) RICK M SHELTON
DIRECTOR
 1 X           0 0 0
(525) DAVID R TINA
DIRECTOR
 1 X           0 0 0
(526) ROBERT L WIGTON
DIRECTOR
 1 X           0 0 0
(527) JACK WOODCOCK
DIRECTOR
 1 X           0 0 0
(528) EVP PAUL F GRIFFIN
DIRECTOR
 1 X           0 0 0
(529) ANGIE KOPKA
DIRECTOR
 1 X           0 0 0
(530) MONIKA N MCGILLICUDDY
DIRECTOR
 1 X           0 0 0
(531) THOMAS RILEY
DIRECTOR
 1 X           0 0 0
(532) PAUL E SARGEANT
DIRECTOR
 1 X           0 0 0
(533) CARLOTTA L ACKLEY
DIRECTOR
 1 X           0 0 0
(534) FRANK W ANTHONY
DIRECTOR
 1 X           0 0 0
(535) JUDY N APPLEBY
DIRECTOR
 1 X           0 0 0
(536) CHRISTINA J BANASIAK
DIRECTOR
 1 X           0 0 0
(537) CHRISTINA P CLEMANS
DIRECTOR
 1 X           0 0 0
(538) FRANK C CONSTANTINO
DIRECTOR
 1 X           0 0 0
(539) MARY DAVIS
DIRECTOR
 1 X           0 0 0
(540) ALLAN H DECHERT
DIRECTOR
 1 X           0 0 0
(541) DIANE E DILZELL
DIRECTOR
 1 X           0 0 0
(542) DAVID FIALK
DIRECTOR
 1 X           0 0 0
(543) DREW S FISHMAN
DIRECTOR
 1 X           0 0 0
(544) BONNIE J FITZGERALD
DIRECTOR
 1 X           0 0 0
(545) JARROD C GRASSO
DIRECTOR
 1 X           0 0 0
(546) WILLIAM J HANLEY
DIRECTOR
 1 X           0 0 0
(547) GARY LARGE M
DIRECTOR
 1 X           0 0 0
(548) JUDITH R LEWIS
DIRECTOR
 1 X           0 0 0
(549) JOHN W MC CORMICK
DIRECTOR
 1 X           0 0 0
(550) PAMELA W MONROE
DIRECTOR
 1 X           0 0 0
(551) CHARLES OPPLER
DIRECTOR
 1 X           0 0 0
(552) PETER S RUBIN
DIRECTOR
 1 X           0 0 0
(553) CAROLYN SADLON
DIRECTOR
 1 X           0 0 0
(554) CHRISTIAN J SCHLUETER
DIRECTOR
 1 X           0 0 0
(555) MARY ANN SGOBBA
DIRECTOR
 1 X           0 0 0
(556) ELEANOR M STERN
DIRECTOR
 1 X           0 0 0
(557) ALBERT S VELTRI
DIRECTOR
 1 X           0 0 0
(558) EDWARD WARD II
DIRECTOR
 1 X           0 0 0
(559) ROBERT WHITE
DIRECTOR
 1 X           0 0 0
(560) M STEVEN ANAYA
DIRECTOR
 1 X           0 0 0
(561) WES GRAHAM
DIRECTOR
 1 X           0 0 0
(562) CONNIE HETTINGA
DIRECTOR
 1 X           0 0 0
(563) JOHN D PADILLA
DIRECTOR
 1 X           0 0 0
(564) PATRICIA A PIPKIN
DIRECTOR
 1 X           0 0 0
(565) DEBBIE ROGERS
DIRECTOR
 1 X           0 0 0
(566) LINDA BONARELLI LUGO
DIRECTOR
 1 X           0 0 0
(567) SAL CALABRESE
DIRECTOR
 1 X           0 0 0
(568) LEAH CARO
DIRECTOR
 1 X           0 0 0
(569) J GREGORY CONNORS
DIRECTOR
 1 X           0 0 0
(570) LAURA COPERSINO
DIRECTOR
 1 X           0 0 0
(571) LAURENE CURTIN
DIRECTOR
 1 X           0 0 0
(572) KATHLEEN L ENGEL
DIRECTOR
 1 X           0 0 0
(573) LISBETH N ENGLISH
DIRECTOR
 1 X           0 0 0
(574) MELVYN S FARKAS
DIRECTOR
 1 X           0 0 0
(575) HENRY W FRIES
DIRECTOR
 1 X           0 0 0
(576) NICHOLAS GIGANTE
DIRECTOR
 1 X           0 0 0
(577) SUSAN E GOLDY
DIRECTOR
 1 X           0 0 0
(578) MICHAEL J GRAESSLE
DIRECTOR
 1 X           0 0 0
(579) MAX WM GURVITCH
DIRECTOR
 1 X           0 0 0
(580) MARGARET M HARTMAN
DIRECTOR
 1 X           0 0 0
(581) DANIEL J HARTNETT
DIRECTOR
 1 X           0 0 0
(582) WALAUDDIN HOOSEIN
DIRECTOR
 1 X           0 0 0
(583) CAROLINA JEMISON
DIRECTOR
 1 X           0 0 0
(584) BOBBIE A KAGLE
DIRECTOR
 1 X           0 0 0
(585) GARY P KENLINE
DIRECTOR
 1 X           0 0 0
(586) GARY LEOGRANDE
DIRECTOR
 1 X           0 0 0
(587) EYDIE LOPEZ
DIRECTOR
 1 X           0 0 0
(588) DUNCAN MACKENZIE
DIRECTOR
 1 X           0 0 0
(589) BETTIE M MEINEL
DIRECTOR
 1 X           0 0 0
(590) ELIZABETH NUNAN
DIRECTOR
 1 X           0 0 0
(591) LINDA J PAGE
DIRECTOR
 1 X           0 0 0
(592) DONALD C SCANLON
DIRECTOR
 1 X           0 0 0
(593) MICHAEL SCHMELZER
DIRECTOR
 1 X           0 0 0
(594) MOSES SEURAM
DIRECTOR
 1 X           0 0 0
(595) CAROLYN C STIFFLER
DIRECTOR
 1 X           0 0 0
(596) RYAN J TUCHOLSKI
DIRECTOR
 1 X           0 0 0
(597) MERLE L WHITEHEAD JR
DIRECTOR
 1 X           0 0 0
(598) JOSEPH M WHITTINGTON
DIRECTOR
 1 X           0 0 0
(599) ALAN YASSKY
DIRECTOR
 1 X           0 0 0
(600) MOHSEN ZANDIEH
DIRECTOR
 1 X           0 0 0
(601) DANNY R BROCK
DIRECTOR
 1 X           0 0 0
(602) EDWARD K BROWN
DIRECTOR
 1 X           0 0 0
(603) WENDELL BULLARD
DIRECTOR
 1 X           0 0 0
(604) ANDREA BUSHNELL
DIRECTOR
 1 X           0 0 0
(605) CINDY S CHANDLER
DIRECTOR
 1 X           0 0 0
(606) CONNIE M COREY
DIRECTOR
 1 X           0 0 0
(607) GAY G DILLASHAW
DIRECTOR
 1 X           0 0 0
(608) TREASURE A FAIRCLOTH
DIRECTOR
 1 X           0 0 0
(609) ROBERT L FOWLER
DIRECTOR
 1 X           0 0 0
(610) JENNIFER LYNNE FRONTERA
DIRECTOR
 1 X           0 0 0
(611) DOROTHY M GERRINGER-MUNSON
DIRECTOR
 1 X           0 0 0
(612) LYNNRENEE KESSIE
DIRECTOR
 1 X           0 0 0
(613) EVERETT VICTOR KNIGHT
DIRECTOR
 1 X           0 0 0
(614) DOLORES S KNUDSEN
DIRECTOR
 1 X           0 0 0
(615) SANDRA L O'CONNOR
DIRECTOR
 1 X           0 0 0
(616) RICHARD B RENTON JR
DIRECTOR
 1 X           0 0 0
(617) RONALD M THOMPSON
DIRECTOR
 1 X           0 0 0
(618) STEPHANIE G WALKER
DIRECTOR
 1 X           0 0 0
(619) PATRICE H WILLETTS
DIRECTOR
 1 X           0 0 0
(620) BRUCE E WILLIAMS
DIRECTOR
 1 X           0 0 0
(621) MARY EDNA C WILLIAMS
DIRECTOR
 1 X           0 0 0
(622) JOHN P WOOD
DIRECTOR
 1 X           0 0 0
(623) MYRA L ZOLLINGER
DIRECTOR
 1 X           0 0 0
(624) JILL BECK
DIRECTOR
 1 X           0 0 0
(625) TATE A CYMBALUK
DIRECTOR
 1 X           0 0 0
(626) RITA E SCHUSTER
DIRECTOR
 1 X           0 0 0
(627) DUANE E UHLIR
DIRECTOR
 1 X           0 0 0
(628) BRADLEY B BENNETT
DIRECTOR
 1 X           0 0 0
(629) DARLENE B BREEN
DIRECTOR
 1 X           0 0 0
(630) STEVEN C BROWN
DIRECTOR
 1 X           0 0 0
(631) JULIUS L CARTWRIGHT
DIRECTOR
 1 X           0 0 0
(632) PAUL EVERSON
DIRECTOR
 1 X           0 0 0
(633) BOB FLETCHER
DIRECTOR
 1 X           0 0 0
(634) JONATHAN M HALL
DIRECTOR
 1 X           0 0 0
(635) OWEN HALL
DIRECTOR
 1 X           0 0 0
(636) GREGORY J HRABCAK
DIRECTOR
 1 X           0 0 0
(637) MARGARET J HUDSON
DIRECTOR
 1 X           0 0 0
(638) BRAD KNAPP
DIRECTOR
 1 X           0 0 0
(639) PETE KOPF
DIRECTOR
 1 X           0 0 0
(640) BARBARA B LACH
DIRECTOR
 1 X           0 0 0
(641) M SUE LUSK-GLEICH
DIRECTOR
 1 X           0 0 0
(642) TIMOTHY J MAHONEY
DIRECTOR
 1 X           0 0 0
(643) DOUGLAS R MCCLOUD
DIRECTOR
 1 X           0 0 0
(644) DEBORAH L MCCUISTON
DIRECTOR
 1 X           0 0 0
(645) ROBERT U MILLER
DIRECTOR
 1 X           0 0 0
(646) PATRICK J O'NEIL
DIRECTOR
 1 X           0 0 0
(647) CHRIS REESE
DIRECTOR
 1 X           0 0 0
(648) HARLEY E ROUDA
DIRECTOR
 1 X           0 0 0
(649) HARLEY E ROUDA JR
DIRECTOR
 1 X           0 0 0
(650) GEORGE W SMITH
DIRECTOR
 1 X           0 0 0
(651) JAMES A STOFKO
DIRECTOR
 1 X           0 0 0
(652) ROBERT J WALICK
DIRECTOR
 1 X           0 0 0
(653) MONTIE R BOX
DIRECTOR
 1 X           0 0 0
(654) MIKE CASSIDY
DIRECTOR
 1 X           0 0 0
(655) MIKE CRADDOCK
DIRECTOR
 1 X           0 0 0
(656) DOUGLAS T EMDE
DIRECTOR
 1 X           0 0 0
(657) TOM GRANT JR
DIRECTOR
 1 X           0 0 0
(658) JACK H HODGSON
DIRECTOR
 1 X           0 0 0
(659) DENNIS NEVIUS
DIRECTOR
 1 X           0 0 0
(660) LISA L YATES
DIRECTOR
 1 X           0 0 0
(661) JAN CULLIVAN
DIRECTOR
 1 X           0 0 0
(662) CAROLYN H DOZOIS
DIRECTOR
 1 X           0 0 0
(663) RICK HARRIS
DIRECTOR
 1 X           0 0 0
(664) PAT G KAPLAN
DIRECTOR
 1 X           0 0 0
(665) GARY L MAJORS
DIRECTOR
 1 X           0 0 0
(666) ALAN B MEHRWEIN B
DIRECTOR
 1 X           0 0 0
(667) JEREMY STARR
DIRECTOR
 1 X           0 0 0
(668) DAVID J TANGVALD
DIRECTOR
 1 X           0 0 0
(669) DOMINIC J CARDONE
DIRECTOR
 1 X           0 0 0
(670) E LEONARD FERBER JR
DIRECTOR
 1 X           0 0 0
(671) ROBERT J FLECK
DIRECTOR
 1 X           0 0 0
(672) HELEN HANNA CASEY
DIRECTOR
 1 X           0 0 0
(673) ROBERT C HAY
DIRECTOR
 1 X           0 0 0
(674) SALLY G HEIMBROOK
DIRECTOR
 1 X           0 0 0
(675) GREGORY S HERB
DIRECTOR
 1 X           0 0 0
(676) FRANK J JACOVINI
DIRECTOR
 1 X           0 0 0
(677) GUY A MATTEO
DIRECTOR
 1 X           0 0 0
(678) ANNE M MATYJASIK
DIRECTOR
 1 X           0 0 0
(679) BETTE R MCTAMNEY
DIRECTOR
 1 X           0 0 0
(680) PATRICE MERZANIS
DIRECTOR
 1 X           0 0 0
(681) ARTHUR P PASQUARELLA
DIRECTOR
 1 X           0 0 0
(682) GEORGE E DRAAD
DIRECTOR
 1 X           0 0 0
(683) ELLEN B RENISH
DIRECTOR
 1 X           0 0 0
(684) DONALD D ROTH
DIRECTOR
 1 X           0 0 0
(685) MELISSA A SIEG
DIRECTOR
 1 X           0 0 0
(686) THOMAS E SKIFFINGTON
DIRECTOR
 1 X           0 0 0
(687) KIM G SKUMANICK
DIRECTOR
 1 X           0 0 0
(688) JANICE C SMARTO
DIRECTOR
 1 X           0 0 0
(689) TODD H UMBENHAUER
DIRECTOR
 1 X           0 0 0
(690) JENNY OLIVO
DIRECTOR
 1 X           0 0 0
(691) WILMA ROMAN GONZALEZ
DIRECTOR
 1 X           0 0 0
(692) LOYDA ESTHER TORRES - FONTNEZ
DIRECTOR
 1 X           0 0 0
(693) BRENDA TOSADO
DIRECTOR
 1 X           0 0 0
(694) STEPHEN D ANTONI
DIRECTOR
 1 X           0 0 0
(695) SUSAN C ARNOLD
DIRECTOR
 1 X           0 0 0
(696) PAUL A LEYS
DIRECTOR
 1 X           0 0 0
(697) KARL A MARTONE
DIRECTOR
 1 X           0 0 0
(698) DAVID A BURNETT
DIRECTOR
 1 X           0 0 0
(699) ROBERT L CLEMENT III
DIRECTOR
 1 X           0 0 0
(700) RUSTY N GARRETT
DIRECTOR
 1 X           0 0 0
(701) LORRAINE E HARDING
DIRECTOR
 1 X           0 0 0
(702) MAX HILL JR
DIRECTOR
 1 X           0 0 0
(703) KENNETH W JACKSON
DIRECTOR
 1 X           0 0 0
(704) C DAN JOYNER
DIRECTOR
 1 X           0 0 0
(705) NICK E KREMYDAS
DIRECTOR
 1 X           0 0 0
(706) DAVID C LOCKWOOD III
DIRECTOR
 1 X           0 0 0
(707) WAYNE M POPLIN
DIRECTOR
 1 X           0 0 0
(708) CHARLEY RAY
DIRECTOR
 1 X           0 0 0
(709) J D RINEHART JR
DIRECTOR
 1 X           0 0 0
(710) MILTON M SHOCKLEY JR
DIRECTOR
 1 X           0 0 0
(711) JEREMY N WILLITS
DIRECTOR
 1 X           0 0 0
(712) MICHELLE R KLEVEN
DIRECTOR
 1 X           0 0 0
(713) ANDREW M MAHOWALD
DIRECTOR
 1 X           0 0 0
(714) THOMAS A MURPHY
DIRECTOR
 1 X           0 0 0
(715) TOM A RAU
DIRECTOR
 1 X           0 0 0
(716) SCOTT BOLES
DIRECTOR
 1 X           0 0 0
(717) STEVE A BROWN
DIRECTOR
 1 X           0 0 0
(718) NEAL CLAYTON
DIRECTOR
 1 X           0 0 0
(719) MARGARET A DIXON
DIRECTOR
 1 X           0 0 0
(720) MARTIN EDWARDS JR
DIRECTOR
 1 X           0 0 0
(721) MIKE J GAUGHAN
DIRECTOR
 1 X           0 0 0
(722) JOHN GRIESS
DIRECTOR
 1 X           0 0 0
(723) STEPHEN D HARDING
DIRECTOR
 1 X           0 0 0
(724) DIANE M K HILLS
DIRECTOR
 1 X           0 0 0
(725) LOIS KILLEBREW
DIRECTOR
 1 X           0 0 0
(726) JEWELL A MCKINNEY
DIRECTOR
 1 X           0 0 0
(727) EMIL MONGEON
DIRECTOR
 1 X           0 0 0
(728) GLENN A MOORE
DIRECTOR
 1 X           0 0 0
(729) LUCY SHIVAS SMITH
DIRECTOR
 1 X           0 0 0
(730) BJ SWINEHART
DIRECTOR
 1 X           0 0 0
(731) BOB M TURNER JR
DIRECTOR
 1 X           0 0 0
(732) DARRELL WATSON
DIRECTOR
 1 X           0 0 0
(733) LORRAINE A ABERCROMBIE
DIRECTOR
 1 X           0 0 0
(734) MARIETTA C ALBA
DIRECTOR
 1 X           0 0 0
(735) MARIO A ARRIAGA
DIRECTOR
 1 X           0 0 0
(736) ADRIAN A ARRIAGA SR
DIRECTOR
 1 X           0 0 0
(737) SANDY BEDNAR
DIRECTOR
 1 X           0 0 0
(738) NATHAN JAMES BELL IV
DIRECTOR
 1 X           0 0 0
(739) MICHAEL BRAY
DIRECTOR
 1 X           0 0 0
(740) CARLOS P BUJOSA
DIRECTOR
 1 X           0 0 0
(741) MARY FRANCES BURLESON
DIRECTOR
 1 X           0 0 0
(742) SOCAR CHATMON-THOMAS
DIRECTOR
 1 X           0 0 0
(743) ROBERT D COOK
DIRECTOR
 1 X           0 0 0
(744) VIRGINIA E COOK
DIRECTOR
 1 X           0 0 0
(745) DAVE E DALZELL
DIRECTOR
 1 X           0 0 0
(746) ROY DEL BOSQUE
DIRECTOR
 1 X           0 0 0
(747) MARGIE S DORRANCE
DIRECTOR
 1 X           0 0 0
(748) JOHN D ECKSTRUM
DIRECTOR
 1 X           0 0 0
(749) DANIEL G FRANK
DIRECTOR
 1 X           0 0 0
(750) VICKI L FULLERTON
DIRECTOR
 1 X           0 0 0
(751) JAY GOHIL
DIRECTOR
 1 X           0 0 0
(752) DWIGHT B HALE
DIRECTOR
 1 X           0 0 0
(753) EBBY HALLIDAY
DIRECTOR
 1 X           0 0 0
(754) DANIEL HOUSTON HATFIELD
DIRECTOR
 1 X           0 0 0
(755) RANDY JEFFERS
DIRECTOR
 1 X           0 0 0
(756) BILL L JONES
DIRECTOR
 1 X           0 0 0
(757) WILLIAM L JONES
DIRECTOR
 1 X           0 0 0
(758) JOANNE H JUSTICE
DIRECTOR
 1 X           0 0 0
(759) TRAVIS KESSLER
DIRECTOR
 1 X           0 0 0
(760) LANCE S LACY
DIRECTOR
 1 X           0 0 0
(761) JULIO S LAGUARTA
DIRECTOR
 1 X           0 0 0
(762) KAY WEBSTER LATHAM
DIRECTOR
 1 X           0 0 0
(763) ELOISE E MARTIN
DIRECTOR
 1 X           0 0 0
(764) DON H MASON
DIRECTOR
 1 X           0 0 0
(765) PETER B MERRITT
DIRECTOR
 1 X           0 0 0
(766) JONATHAN D NICHOLAS
DIRECTOR
 1 X           0 0 0
(767) JOHN E NICHOLS
DIRECTOR
 1 X           0 0 0
(768) DAVID R OSBORN
DIRECTOR
 1 X           0 0 0
(769) CRAIG A OWEN
DIRECTOR
 1 X           0 0 0
(770) CHAILLE G RALPH
DIRECTOR
 1 X           0 0 0
(771) ROBERT RAYNER
DIRECTOR
 1 X           0 0 0
(772) HANNE A SAGALOWSKY
DIRECTOR
 1 X           0 0 0
(773) LESLIE R SMITH
DIRECTOR
 1 X           0 0 0
(774) MALCOLM SMITH
DIRECTOR
 1 X           0 0 0
(775) HOWARD SMITH
DIRECTOR
 1 X           0 0 0
(776) JOE RAYMOND STEWART
DIRECTOR
 1 X           0 0 0
(777) WAYNE A STROMAN
DIRECTOR
 1 X           0 0 0
(778) PATRICIA SZOT
DIRECTOR
 1 X           0 0 0
(779) BARBARA TARIN
DIRECTOR
 1 X           0 0 0
(780) JEFFREY A UPDIKE
DIRECTOR
 1 X           0 0 0
(781) KAY WEEKS
DIRECTOR
 1 X           0 0 0
(782) KAY L WEST
DIRECTOR
 1 X           0 0 0
(783) RONALD A WILLIS
DIRECTOR
 1 X           0 0 0
(784) MARK A WOODROOF
DIRECTOR
 1 X           0 0 0
(785) ROBERT WRIGHT
DIRECTOR
 1 X           0 0 0
(786) AVIS WUKASCH
DIRECTOR
 1 X           0 0 0
(787) LEIGH YORK
DIRECTOR
 1 X           0 0 0
(788) HOWARD C ZIELKE
DIRECTOR
 1 X           0 0 0
(789) RUSS K BOOTH
DIRECTOR
 1 X           0 0 0
(790) JAMES S BRINGHURST
DIRECTOR
 1 X           0 0 0
(791) JAREN L DAVIS
DIRECTOR
 1 X           0 0 0
(792) DEANNA K DIPO
DIRECTOR
 1 X           0 0 0
(793) BILL HEINER
DIRECTOR
 1 X           0 0 0
(794) RYAN KIRKHAM
DIRECTOR
 1 X           0 0 0
(795) CHRIS J KYLER
DIRECTOR
 1 X           0 0 0
(796) LERRON E LITTLE
DIRECTOR
 1 X           0 0 0
(797) AL MANSELL
DIRECTOR
 1 X           0 0 0
(798) SHARON K SPRATLEY
DIRECTOR
 1 X           0 0 0
(799) MAX D THOMPSON
DIRECTOR
 1 X           0 0 0
(800) STEFANIE TUGAW-MADSEN
DIRECTOR
 1 X           0 0 0
(801) O RANDALL WOODBURY
DIRECTOR
 1 X           0 0 0
(802) ROBERT J ARKLEY
DIRECTOR
 1 X           0 0 0
(803) ROBERT D HILL
DIRECTOR
 1 X           0 0 0
(804) KENNETH W LIBBY
DIRECTOR
 1 X           0 0 0
(805) LESLEE MACKENZIE
DIRECTOR
 1 X           0 0 0
(806) DIANNE MCLAUGHLIN
DIRECTOR
 1 X           0 0 0
(807) RICHARD K HILLYER
DIRECTOR
 1 X           0 0 0
(808) BELTON JENNINGS
DIRECTOR
 1 X           0 0 0
(809) CHRISTIE O'NEIL
DIRECTOR
 1 X           0 0 0
(810) LORINE R WILLIAMS
DIRECTOR
 1 X           0 0 0
(811) DONALD W ATKINSON
DIRECTOR
 1 X           0 0 0
(812) CHARLES W BENGEL JR JR
DIRECTOR
 1 X           0 0 0
(813) SCOTT BRUNNER
DIRECTOR
 1 X           0 0 0
(814) DENNIS R CRONK
DIRECTOR
 1 X           0 0 0
(815) JOHN DICKINSON
DIRECTOR
 1 X           0 0 0
(816) JOSEPH K FUNKHOUSER II
DIRECTOR
 1 X           0 0 0
(817) KAREN P GASKINS
DIRECTOR
 1 X           0 0 0
(818) KIT HALE
DIRECTOR
 1 X           0 0 0
(819) DORCAS HELFANT-BROWNING
DIRECTOR
 1 X           0 0 0
(820) PEGGY L HOLLOWAY BURKE
DIRECTOR
 1 X           0 0 0
(821) STEPHEN A HOOVER
DIRECTOR
 1 X           0 0 0
(822) THOMAS N INNES
DIRECTOR
 1 X           0 0 0
(823) THOMAS JEFFERSON III
DIRECTOR
 1 X           0 0 0
(824) PATRICIA B JENSEN
DIRECTOR
 1 X           0 0 0
(825) GEORGE W LYONS
DIRECTOR
 1 X           0 0 0
(826) SUSAN S MEKENNEY
DIRECTOR
 1 X           0 0 0
(827) VINH H NGUYEN
DIRECTOR
 1 X           0 0 0
(828) WILLIAM F OVERACRE
DIRECTOR
 1 X           0 0 0
(829) DAVID R PHILLIPS
DIRECTOR
 1 X           0 0 0
(830) JANE A QUILL
DIRECTOR
 1 X           0 0 0
(831) DEWEY C REYNOLDS
DIRECTOR
 1 X           0 0 0
(832) KAREN K SMITH
DIRECTOR
 1 X           0 0 0
(833) CYNTHIA B STACKHOUSE
DIRECTOR
 1 X           0 0 0
(834) THOMAS M STEVENS
DIRECTOR
 1 X           0 0 0
(835) PATRICIA A SZEGO
DIRECTOR
 1 X           0 0 0
(836) MELANIE S THOMPSON
DIRECTOR
 1 X           0 0 0
(837) JACK F TORZA
DIRECTOR
 1 X           0 0 0
(838) KAREN A TRAINOR
DIRECTOR
 1 X           0 0 0
(839) JIM DIERST
DIRECTOR
 1 X           0 0 0
(840) JAN ELLINGSON
DIRECTOR
 1 X           0 0 0
(841) MICHAEL J FLYNN
DIRECTOR
 1 X           0 0 0
(842) STEVE FRANCKS
DIRECTOR
 1 X           0 0 0
(843) D'ANN T JACKSON
DIRECTOR
 1 X           0 0 0
(844) PILI MEYER
DIRECTOR
 1 X           0 0 0
(845) TERRY E MILLER
DIRECTOR
 1 X           0 0 0
(846) DAN R MURPHY
DIRECTOR
 1 X           0 0 0
(847) EDWARD D MURPHY
DIRECTOR
 1 X           0 0 0
(848) DON RILEY
DIRECTOR
 1 X           0 0 0
(849) WILLIAM J RILEY
DIRECTOR
 1 X           0 0 0
(850) J LENNOX SCOTT
DIRECTOR
 1 X           0 0 0
(851) TERENCE A SULLIVAN
DIRECTOR
 1 X           0 0 0
(852) GARY D WRIGHT
DIRECTOR
 1 X           0 0 0
(853) RAYMOND I JOSEPH
DIRECTOR
 1 X           0 0 0
(854) JEANNE KOZAK
DIRECTOR
 1 X           0 0 0
(855) PAULA J MILLER
DIRECTOR
 1 X           0 0 0
(856) CHERYL L SKILES
DIRECTOR
 1 X           0 0 0
(857) JULIE A CLARKE
DIRECTOR
 1 X           0 0 0
(858) GC BUTCH FLOR
DIRECTOR
 1 X           0 0 0
(859) JOHN R FLOR
DIRECTOR
 1 X           0 0 0
(860) NORMAN D FLYNN
DIRECTOR
 1 X           0 0 0
(861) SCOTT M HEYERDAHL
DIRECTOR
 1 X           0 0 0
(862) JOHN P HORNING
DIRECTOR
 1 X           0 0 0
(863) JEFFREY C KITCHEN
DIRECTOR
 1 X           0 0 0
(864) JERRY C LYONS
DIRECTOR
 1 X           0 0 0
(865) WILLIAM MALKASIAN
DIRECTOR
 1 X           0 0 0
(866) MATTHEW T MILLER
DIRECTOR
 1 X           0 0 0
(867) MICHAEL J MULLEADY
DIRECTOR
 1 X           0 0 0
(868) FRED W PRASSAS
DIRECTOR
 1 X           0 0 0
(869) ERIK E SJOWALL
DIRECTOR
 1 X           0 0 0
(870) PHILLIP C STARK
DIRECTOR
 1 X           0 0 0
(871) STEVEN BEAZLEY
DIRECTOR
 1 X           0 0 0
(872) GUYLA GREENLY
DIRECTOR
 1 X           0 0 0
(873) BOB SNOWDEN
DIRECTOR
 1 X           0 0 0
(874) LAURIE URBIGKIT
DIRECTOR
 1 X           0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 8,330,634 0 412,529
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet117
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
THE MOST ORGANIZATION
25 ENTERPRISE STE 250
ALISO,CA92656 		REALTOR MARKETING & BRANDING 43,241,946
MADDOCK DOUGLAS INC
111 ADELL PLACE
ELMHURST,IL60126 		BRANDING & MARKETING SERV 2,442,184
HUGE LLC
45 MAIN STREET 2ND FLOOR
BROOKLYN,NY11201 		WEBSITE AND BRANDING SERV 2,385,523
EXPERIENT
568 ATRIUM DRIVE
VERNNON HILLS,IL60061 		MEETING & PLANNING SERV 2,270,972
TARGET SMART COMMUNICATIONS LLC
845 PAT LN
ARNOLD,IL21032 		CONSULT & DIRECT MAILINGS SERV 1,712,111
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet150
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		 
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet 0
Program Service Revenue Business Code
2a MEMBER DUES   132,347,305 132,347,305    
b CONVENTIONS   5,505,270 5,505,270    
c ADVERTISING & SUBSCRIPTIONS 541,800 4,965,940 1,027,776 3,938,164  
d GOVERNMENT AFFAIRS   1,411,855 1,411,855    
e PUBLICATIONS & SERV. MATERIALS   567,708 567,708    
f All other program service revenue . 183,533 183,533 0 0
g Total. Add lines 2a–2f........MediumBullet 144,981,611
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 7,550,608   1,671,294 5,879,314
4 Income from investment of tax-exempt bond proceeds..MediumBullet 0      
5 Royalties............MediumBullet 4,325,103     4,325,103
(i) Real (ii) Personal
6a Gross Rents 7,114,760  
b Less: rental expenses 3,391,418  
c Rental income or (loss) 3,723,342 0
d Net rental income or (loss).......MediumBullet 3,723,342     3,723,342
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 136,534,023  
b Less: cost or other basis and sales expenses 136,338,017  
c Gain or (loss) 196,006 0
d Net gain or (loss)..........MediumBullet 196,006     196,006
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet 0    
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet 0      
Miscellaneous Revenue Business Code
11a INCOME FROM CONTROLLED ENTITY   261,828   261,828  
b LIST RENTAL   144,722   144,722  
c            
d All other revenue .... 1,305,912 1,305,912 0 0
e Total. Add lines 11a–11d ......MediumBullet 1,712,462
12 Total revenue. See Instructions....MediumBullet 162,489,132 142,349,359 6,016,008 14,123,765
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 676,000  
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22 0  
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 5,746,257      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 61,953      
7 Other salaries and wages 43,537,885      
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 5,141,764      
9 Other employee benefits ....... 3,279,215      
10 Payroll taxes ........... 2,524,392      
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 564,368      
c Accounting ........... 254,353      
d Lobbying ........... 0      
e Professional fundraising. See Part IV, line 17.. 0  
f Investment management fees ...... 153,815      
g Other .......... 15,624,243      
12 Advertising and promotion .... 44,863,508      
13 Office expenses ....... 15,785,866      
14 Information technology ...... 8,756,309      
15 Royalties .. 0      
16 Occupancy ........... 573,277      
17 Travel ............ 8,322,398      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 8,229,007      
20 Interest ........... 422,257      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 8,608,341      
23 Insurance .............. 2,358,319      
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a PUBLIC POLICY EXPENSES 8,728,725      
b INCOME TAXES 3,876,806      
c MAINTENANCE & REPAIRS 2,944,063      
d GIFTS/AWARDS/FLOWERS 825,493      
e MISCELLANEOUS 1,970,664      
f All other expenses 0      
25 Total functional expenses. Add lines 1 through 24f 193,829,278 0 0 0
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ..........   1  
2 Savings and temporary cash investments ....... 13,414,314 2 4,453,823
3 Pledges and grants receivable, net .........   3  
4 Accounts receivable, net ......... 1,652,065 4 1,341,670
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............ 4,578,892 9 6,479,819
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 154,325,444
b Less: accumulated depreciation. ..... 10b 70,461,446 68,505,806 10c 83,863,998
11 Investments—publicly traded securities .......... 147,563,493 11 129,009,414
12 Investments—other securities. See Part IV, line 11 ......   12 0
13 Investments—program-related. See Part IV, line 11 .. 34,499,982 13 40,996,553
14 Intangible assets ......... 6,091,633 14 5,655,262
15 Other assets. See Part IV, line 11 ........... 3,047,738 15 2,319,930
16 Total assets. Add lines 1 through 15 (must equal line 34)... 279,353,923 16 274,120,469
Liabilities 17 Accounts payable and accrued expenses . 28,606,820 17 34,536,388
18 Grants payable ..........   18  
19 Deferred revenue .......... 26,509,503 19 27,543,501
20 Tax-exempt bond liabilities .......... 15,000,000 20 15,000,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 4,500,000 23 3,000,000
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 0 25 1,531,834
26 Total liabilities. Add lines 17 through 25..... 74,616,323 26 81,611,723
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 204,737,600 27 192,508,746
28 Temporarily restricted net assets .....   28  
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 204,737,600 33 192,508,746
34 Total liabilities and net assets/fund balances ..... 279,353,923 34 274,120,469
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
162,489,132
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
193,829,278
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
-31,340,146
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
204,737,600
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
19,111,292
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
192,508,746
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID: 10000128
Software Version: v2010.1.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.
SchCMd Bullet Attach to Form 990 or Form 990-EZ. SchCMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
If the organization answered “Yes,” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes,” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes,” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35a (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization's direct and indirect political campaign activities on behalf of or in opposition to candidates for public office in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$ 0
3
Volunteer hours ........................................
0

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c) except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$ 0
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt funtion activities ....................................SchCMd Bullet

$ 0
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$ 0
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
(1) NAR STATE EXCHANGE ACCOUNT
  		430 N MICHIGAN
CHICAGO,IL60611 		26-1725187 0 499,500
(2) NAR CONGRESSIONAL FUND
  		430 N MICHIGAN
CHICAGO,IL60611 		27-3388377 0 1,100,000








For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2010

Schedule C (Form 990 or 990-EZ) 2010
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check
B Check
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
Organization's
Totals 		(b) Affiliated Group
Totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
  If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:    
  Not over $500,00020% of the amount on line 1e.    
  Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.    
  Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.    
  Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.    
  Over $17,000,000$1,000,000.    
       
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
  Calendar year (or fiscal year
beginning in) 		(a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) Total
             
2a Lobbying non-taxable amount          
             
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		         
             
c Total lobbying expenditures          
             
d Grassroots non-taxable amount          
             
e Grassroots ceiling amount
(150% of line 2d, column (e))		          
             
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2010


Schedule C (Form 990 or 990-EZ) 2010
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
(a)
Yes
No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
 
 
c
Media advertisements? ....................................
 
 
 
d
Mailings to members, legislators, or the public? .........................
 
 
 
e
Publications, or published or broadcast statements? .......................
 
 
 
f
Grants to other organizations for lobbying purposes? .......................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
 
 
i
Other activities? If "Yes," describe in Part IV ..........................
 
 
 
j
Total. lines 1c through 1i ...................................
0
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
No
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
No
3
Did the organization agree to carryover lobbying and political expenditures from the prior year? ..........
3
 
No
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) if BOTH Part III-A, lines 1 and 2 are answered “No” OR if Part III-A, line 3 is answered “Yes”.
1
Dues, assessments and similar amounts from members .....................
1
132,347,305
2
Section 162(e) non-deductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
25,781,926
b
Carryover from last year ....................................
2b
0
c
Total ...........................................
2c
25,781,926
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
29,323,974
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
0
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
-3,542,048
Part IV
Supplemental Information
Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; and Part ll-B, line 1i.
Also, complete this part for any additional information.
Identifier Return Reference Explanation
Description of political campaign activities Schedule C, Part I-A, Line 1 THE ORGANIZATION COLLECTS MEMBER DUES EARMARKED FOR A SEPARATE SEGREGATED FUND AND PROMPTLY AND DIRECTLY TRANSFERS THEM TO THAT FUND. AS SUCH, A DETAILED DESCRIPTION OF DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES IS NOT APPLICABLE.
Schedule C (Form 990 or 990EZ) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance ....      
b Contributions ........      
c Investment earnings or losses ...      
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........ 		     
f Administrative expenses ....      
g End of year balance ......      
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet  
b
Permanent endowment: SchDMd Bullet  
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
 
(ii) related organizations ........................
3a(ii)
 
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   17,617,618 17,617,618
b Buildings ................   42,532,091 10,993,031 31,539,060
c Leasehold improvements ............   39,924,546 24,154,591 15,769,955
d Equipment ................   52,484,825 35,313,824 17,171,001
e Other .................   1,766,364   1,766,364
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 83,863,998
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) INVST - REALTORS INFO NETWORK 7,423,587 C
(2) INVST - BUYER'S AGENT COUNCIL 14,270,980 C
(3) INVST - REALTORS RELIEF FDN 450,027 C
(4) INVST - SENTRILOCK, LLC 3,091,208 C
(5) INVST - SENTRILOCK FINANCE 1,093,308 C
(6) INVST - SECOND CENTURY 6,884,965 C
(7) INVST - REAL PROPERTY RESOURCE 7,782,478 C


Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet 40,996,553
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes 0
DEFERRED COMPENSATION 1,531,834








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet 1,531,834
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 162,489,132
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 193,829,278
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -31,340,146
4 Net unrealized gains (losses) on investments .......................... 4 8,560,268
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8 10,551,024
9 Total adjustments (net). Add lines 4 - 8 ............................. 9 19,111,292
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -12,228,854
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 173,873,700
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 8,560,268
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d 1,216,094
e Add lines 2a through 2d ..................... 2e 9,776,362
3 Subtract line 2e from line 1..................... 3 164,097,338
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 153,815
b Other (Describe in Part XIV): ........... 4b -1,762,021
c Add lines 4a and 4b....................... 4c -1,608,206
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5 162,489,132
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 197,036,984
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d 4,990,918
e Add lines 2a through 2d...................... 2e 4,990,918
3 Subtract line 2e from line 1..................... 3 192,046,066
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 153,815
b Other (Describe in Part XIV): ............ 4b 1,629,397
c Add lines 4a and 4b....................... 4c 1,783,212
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5 193,829,278
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE ASSOCIATION FOLLOWS GUIDELINES ISSUED BY FASB WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED AS A BENEFIT 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 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 BENEFIT IS RECORDED. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE ASSOCIATION HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF DECEMBER 31, 2010 AND 2009.
Other changes in net assets Schedule D, Part XI, Line 8 UNREALIZED LOSS ON SWAP AGREEMENTS - -383406; 2009 RPR NET ASSETS - 7167281; INC FROM INVEST IN SUBS - -10079969; CHANGE IN RET OBLIGATION - 2267000; DIST TO NONCONTROLLING INT IN SENTRILOCK - -703771; PRIOR PERIOD ADJ - NONCONT INT IN SENTRILOCK - 1539811; PRIOR PERIOD ADJ - OTHER - -136086; RPR CAPITAL CONTRIBUTIONS - 10880164;
Other revenues in audited financial statements not in form 990 Schedule D, Part XII, Line 2d UNREALIZED LOSS ON SWAP AGREEMENTS - -383406; NARSEA AND NARCF CONTRIBUTIONS - 1599500;
Other revenues in form 990 not in audited financial statements Schedule D, Part XII, Line 4b RENTAL INCOME FROM AFFL - 1980521; INC FROM RIN & SCV - 261828; RENTAL EXPENSES - -3391418; ADJ FOR INC FROM AFFL - -612952;
Other expenses in audited financial statements not in form 990 Schedule D, Part XIII, Line 2d RENTAL EXPENSES - 3391418; NARSEA AND NARCF CONTRIBUTIONS - 1599500;
Other expenses in form 990 not in audited financial statements Schedule D, Part XIII, Line 4b RENTAL INCOME FROM AFFL - 1980521; INC FROM RIN & SCV - 261828; ADJ FOR INC FROM AFFL - -612952;
Schedule D (Form 990) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0




SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES ATTENDANCE AT THE MIPIM TRADE SHOW IN SUPPORT OF INTERNATIONAL PROPERTY TRADE. 33,082
EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES NAR PARTICIPATION IN OVI ANNUAL MEETING IN SUPPORT OF REAL ESTATE RELATED ISSUES AND DISTRIBUTION OF INFORMATION. 18,517
SOUTH AMERICA 0 0 PROGRAM SERVICES NAR OFFICER PARTICIPATION IN THE 5TH WORLD URBAN FORUM TO DISCUSS INTERNATIONAL REAL ESTATE ISSUES. 13,906
EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES ATTENDANCE AT THE ARK-CR/SEC GENERAL MEETING TO DISCUSS INTERNATIONAL REAL ESTATE ISSUES. 22,889
EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES ATTENDANCE AT THE EUROPEAN COMMERCIAL PROPERTY TRADE FAIR. 18,097
CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ATTENDANCE AT THE FECEP ANNUAL CONGRESS TO DISCUSS INTERNATIONAL REAL ESTATE ISSUES. 13,921
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PARTICIPATION IN THE HYOGO 50TH ANNIVERSARY AND TRADE MISSION MEETINGS TO DISCUSS INTERNATIONAL PROPERTY RIGHTS. 27,591
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ATTENDANCE AT THE ASIA DELEGATION IN SUPPORT OF FOSTERING BETTER INTERNATIONAL RELATIONSHIPS. 28,184
SOUTH AMERICA 0 0 PROGRAM SERVICES ATTENDANCE AT THE II ENBRACI MEETINGS TO DISCUSS REAL ESTATE ISSUES IN SOUTH AMERICA. 20,858
NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES LEADERSHIP MEETINGS TO DISCUSS ASSOCIATION AND REAL ESTATE ISSUES. 20,194
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ATTENDANCE AT THE REIA MEETINGS HELD IN NEW ZEALAND TO DISCUSS REAL ESTATE ISSUES. 21,908
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MEETINGS IN CHINA TO DISCUSS REAL ESTATE ISSUES AND TO GATHER INFORMATION REGARDING INTERNATIONAL REAL ESTATE TRADE. 14,274
CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS   890,355
CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS   894,302
           
           
           
3a Sub-total .....      
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b) 0 0 2,038,078
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
 
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 5
Part V
Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.
Identifier ReturnReference Explanation
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2010
Additional Data


Software ID: 10000128
Software Version: v2010.1.0



Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number
36-1520690
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) REALTORS RELIEF FOUNDATION430 N MICHIGAN
CHICAGO,IL60611 		36-4468109 501(C)(3) 350,000 0 NA   HOUSING RELIEF
(2) USA CARES INC562 B NORTH DIXIE BLVD
RADCLIFF,KY40160 		05-0588761 501(C)(3) 131,000 0 NA   SUPPORT OF VETERANS
(3) OPERATION AMERICAN SOLDIER173 SPRUCE STREET
WATERTOWN,MA02472 		04-2349011 501(C)(3) 100,000 0 NA   SUPPORT OF VETERANS
(4) NEW ORLEANS - HABITAT FOR HUMANITY7100 ST CHARLES AVENUE
NEW ORLEANS,LA70118 		72-0973161 501(C)(3) 85,000 0 NA   HOUSING ASSISTANCE
(5) REBUILDING TOGETHER923 TCHOUPITOUSLAS ST
NEW ORLEANS,LA70130 		52-1585880 501(C)(3) 10,000 0 NA   HOUSING ASSISTANCE














2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
5
3
Enter total number of other organizations ................................ . Bullet Image
0
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance













Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 GRANTS ARE MADE TO ORGANIZATIONS TO SUPPORT THEIR VARIOUS EXEMPT ACTIVITIES. ANY FUNDS DONATED FOR SPECIFIC PROJECTS ARE MONITORED ON AN AS NEEDED BASIS TO ENSURE THAT FUNDS ARE USED FOR THEIR INTENDED PURPOSE.
Schedule I (Form 990) 2010


Additional Data


Software ID: 10000128
Software Version: v2010.1.0


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
 
b
Any related organization? .........................
5b
 
 
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
 
b
Any related organization? .........................
6b
 
 
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
 
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) VICKI COX GOLDER (i)
(ii)		 235,682
0 		0
0 		0
0 		0
0 		0
0 		235,682
0 		0
0
(2) RONALD PHIPPS (i)
(ii)		 175,506
0 		0
0 		0
0 		0
0 		0
0 		175,506
0 		0
0
(3) DALE L ROSS (i)
(ii)		 350,188
0 		113,093
0 		1,089
0 		24,500
0 		10,260
0 		499,130
0 		0
0
(4) DALE STINTON (i)
(ii)		 1,576,572
0 		300,000
0 		27,394
0 		24,500
0 		10,260
0 		1,938,726
0 		0
0
(5) ROBERT GOLDBERG (i)
(ii)		 450,350
0 		261,413
0 		16,965
0 		24,500
0 		10,260
0 		763,488
0 		0
0
(6) LAURENE JANIK (i)
(ii)		 418,679
0 		201,838
0 		16,824
0 		24,500
0 		10,260
0 		672,101
0 		0
0
(7) DOUGLASS HINDERER (i)
(ii)		 299,124
0 		147,965
0 		16,215
0 		24,500
0 		10,260
0 		498,064
0 		0
0
(8) FRANK SIBLEY (i)
(ii)		 395,389
0 		198,947
0 		18,756
0 		24,500
0 		10,260
0 		647,852
0 		0
0
(9) JOHN PIERPOINT (i)
(ii)		 199,090
0 		58,544
0 		17,572
0 		19,909
0 		10,260
0 		305,375
0 		0
0
(10) GERARD GIOVANIELLO (i)
(ii)		 369,348
0 		182,059
0 		21,644
0 		24,500
0 		10,260
0 		607,811
0 		0
0
(11) MARK LESSWING (i)
(ii)		 327,555
0 		126,593
0 		16,751
0 		24,500
0 		10,260
0 		505,659
0 		0
0
(12) WALTER WITEK (i)
(ii)		 316,568
0 		101,502
0 		19,095
0 		24,500
0 		10,260
0 		471,925
0 		0
0
(13) SUNG L YUN (i)
(ii)		 324,542
0 		117,006
0 		2,730
0 		24,500
0 		10,260
0 		479,038
0 		0
0
(14) JANET BRANTON (i)
(ii)		 271,566
0 		110,193
0 		16,824
0 		24,500
0 		10,260
0 		433,343
0 		0
0


Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
First-class or charter travel Schedule J, Part I, Line 1a INTERESTED PERSONS LISTED ON PART VII, SECTION A, LINE 1A HAVE RECEIVED OR HAVE THE OPTION TO RECEIVE THE BENEFITS IDENTIFIED ON SCHEDULE J, PART I, LINE 1A. THESE BENEFITS INCLUDE COMPANION TRAVEL AND TAX INDEMNIFICATION AND GROSS UP PAYMENTS. FOR SOME, BENEFITS ALSO INCLUDE FIRST-CLASS AIR TRAVEL, PAYMENTS FOR HEALTH AND SOCIAL CLUB DUES, AND PAYMENTS FOR BUSINESS USE OF PERSONAL RESIDENCE. AS A NATIONAL ASSOCIATION SERVING MORE THAN 1,200,000 MEMBERS, NAR REQUIRES EXTENSIVE TRAVEL FOR INDIVIDUALS HOLDING THE RESPONSIBILITY OF AN OFFICER OF THE BOARD OF DIRECTORS OR A SENIOR VICE PRESIDENT (SVP). THIS TRAVEL REQUIREMENT RANGES FROM 2 TO 6 TRIPS A MONTH AND, IN SOME CASES, IN EXCESS OF 200 DAYS A YEAR PER OFFICER OR SVP. NAR REVIEWS ALL BENEFITS PROVIDED TO INTERESTED PERSONS, AND WHERE APPROPRIATE, ADDITIONAL TAXABLE COMPENSATION IS IMPUTED.
Travel for companions Schedule J, Part I, Line 1a SEE NARRATIVE ABOVE
Tax indemnification and gross-up payments Schedule J, Part I, Line 1a SEE NARRATIVE ABOVE
Payments for business use of personal residence Schedule J, Part I, Line 1a SEE NARRATIVE ABOVE
Health or social club dues or initiation fees Schedule J, Part I, Line 1a SEE NARRATIVE ABOVE
Personal services Schedule J, Part I, Line 1a DURING 2010, NAR PAID FOR TAX SERVICES RELATED TO THE PREPARATION OF THE CEO'S PERSONAL INCOME TAX RETURN. THE RELATED BENEFIT WAS TREATED AS TAXABLE COMPENSATION TO THE CEO.
BONUSES SCHEDULE J, PART II, COLUMN B(II) DEFERRED BONUS PAYMENTS WERE BASED ON PAST INDIVIDUAL PERFORMANCES AND OVERALL STRATEGIC AND OPERATIONAL SUCCESS OF THE ASSOCIATION.
Schedule J (Form 990) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Schedule O (Form 990).
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number
36-1520690
Part I
Bond Issues
(a) Issuer Name (b) Issuer EIN (c) CUSIP # (d) Date Issued (e) Issue Price (f) Description of Purpose (g) Defeased (h) On
Behalf of
Issuer 		(i) Pool
financing
Yes No Yes No Yes No
A DISTRICT OF COLUMBIA REVENUE BONDS
  		000000000 254839G98 12-23-2003 15,000,000 TO BUILD A WASHINGTON, DC OFFICE   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired. . . . . 0      
2 Amount of bonds defeased . . . . 0      
3 Total proceeds of issue . . . . 15,000,000      
4 Gross proceeds in reserve funds . . 1,500,000      
5 Capitalized interest from proceeds. 0      
6 Proceeds in refunding escrow. . . . . 0      
7 Issuance costs from proceeds . . . 375,000      
8 Credit enhancement from proceeds. 0      
9 Working capital expenditures from proceeds . . 0      
10 Capital expenditures from proceeds . . 13,125,000      
11 Other spent proceeds . . 0      
12 Other unspent proceeds. . . 0      
13 Year of substantial completion . . . 2004
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue?   X            
15 Were the bonds issued as part of an advance refunding issue?   X            
16 Has the final allocation of proceeds been made? . . X              
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . X              
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . .   X            
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . .   X            
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2010
Schedule K (Form 990) 2010
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use?   X            
b Are there any research agreements that may result in private business use of bond-financed property? . .   X            
c Does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts or research agreements relating to the financed property? .   X            
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . . . . . . . . . . . . SchKMediumBullet 0 %      
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . SchKMediumBullet 0 %      
6 Total of lines 4 and 5 . . .. . . . . . 0 %      
7 Has the organization adopted management practices and procedures to ensure the post-issuance compliance of its tax-exempt bond liabilities? X              
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . . .   X            
2 Is the bond issue a variable rate issue? X              
3a Has the organization or the governmental issuer entered into a hedge with respect to the bond issue?   X            
b Name of provider .  
  		 
  		 
  		 
 
c Term of hedge . .        
d Was the hedge superintegrated? .                
e Was a hedge terminated? .                
4a Were gross proceeds invested in a GIC? .   X            
b Name of provider .  
  		 
  		 
  		 
 
c Term of GIC . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? .                
5 Were any gross proceeds invested beyond an available temporary period? .   X            
6 Did the bond issue qualify for an exception to rebate? . . .   X            
Schedule K (Form 990) 2010

Schedule K (Form 990) 2010
Page 3
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
Schedule K (Form 990) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBulletSee separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Description of transaction (c) Corrected?
Yes No





2
Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from the organization? (c)Original principal amount (d)Balance due (e) In default? (f) Approved by board or committee? (g)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b)Relationship between interested person and the organization (c)Amount of grant or type of assistance
For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2010
Schedule L (Form 990 or 990-EZ) 2010
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) GREG STINTON
  		FAMILY MEMBER- D. STINTON 61,953 NAR EMPLOYEE   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Identifier Return Reference Explanation
Family/business relationships amongst interested persons Form 990, Part VI, Section A, Line 2 MAURICE VEISSI - FAMILY RELATIONSHIP, MADELINE VEISSI - FAMILY RELATIONSHIP, RICHARD CROSBY - FAMILY RELATIONSHIP, JEAN CROSBY - FAMILY RELATIONSHIP, ROBERT GOLDBERG - BUSINESS RELATIONSHIP, RICHARD ROSENTHAL - BUSINESS RELATIONSHIP, MARTIN EDWARDS - BUSINESS RELATIONSHIP, HARLEY E. ROUDA, SR. - FAMILY RELATIONSHIP, HARLEY E. ROUDA - FAMILY RELATIONSHIP, LESLIE R SMITH - FAMILY RELATIONSHIP, ELIZABETH J MENDENHALL - FAMILY RELATIONSHIP, RICHARD A MENDENHALL - FAMILY RELATIONSHIP
Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE NATIONAL ASSOCIATION OF REALTORS' FORM 990 REVIEW PROCESS INCLUDED: 1) A DETAILED REVIEW BY THE CEO, TREASURER AND COMPTROLLER OF THE ORGANIZATION; 2) A REVIEW BY THE ORGANIZATION'S FINANCE COMMITTEE, INCLUDING A PRESENTATION BY THE PAID TAX PREPARER; AND 3) A FINANCE COMMITTEE REPORT TO THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS.
Conflict of interest policy Form 990, Part VI, Section B, Line 12c ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES OF NATIONAL ASSOCIATION OF REALTORS® (NAR) RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY. THIS POLICY REQUIRES THEM TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO POTENTIAL OR ACTUAL CONFLICTS. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REVIEWED AND EVALUATED BY THE NAR LEGAL DEPARTMENT, FOLLOWED UP ON BY THE ASSOCIATION'S GENERAL COUNSEL, AND SHARED WITH NAR'S LEADERSHIP. NAR'S LEADERSHIP DETERMINES THE APPROPRIATE STEPS NECESSARY TO ALLEVIATE, MONITOR, AND DEAL WITH CONFLICTS, SUCH AS RESTRICTING THE ACTIONS OF PERSONS WITH A CONFLICT BY PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS FOR A PARTICULAR TRANSACTION.
Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a NAR RELIES ON A COMPENSATION TEAM TO DETERMINE, REVIEW, AND APPROVE THE COMPENSATION OF THE CEO. THE TEAM CONSISTS OF THE FOLLOWING NAR INDEPENDENT BOARD MEMBERS: PRESIDENT, PRESIDENT-ELECT AND TREASURER. ADDITIONALLY, THE COMPENSATION TEAM IS SUPPORTED BY NAR'S SENIOR VICE PRESIDENT OF HUMAN RESOURCES. COMPARABILITY DATA IS USED BY THE COMPENSATION TEAM TO HELP DETERMINE COMPENSATION. ON AN ANNUAL BASIS, THE CEO HAS A PERFORMANCE EVALUATION WHICH IS USED IN PART TO DETERMINE ANY CHANGES IN PAY (EX. BONUSES AND MERIT INCREASES). IN ADDITION, IF IT IS DETERMINED THAT A SEARCH FOR NEW CEO IS NECESSARY, AN INDEPENDENT CONSULTANT IS HIRED TO ASSIST IN THE COMPENSATION PROCESS. THE LAST SEARCH TOOK PLACE IN 2005 USING LEONARD PFEIFFER AS THE PROFESSIONAL CONSULTANT. WHEN A NEW CEO IS SELECTED OR WHEN A CONTRACT IS EXTENDED, THE ENTIRE NAR LEADERSHIP TEAM MAKES THE FINAL HIRING AND COMPENSATION DETERMINATION. THE DELIBERATIONS AND DECISION MAKING WITH RESPECT TO THE CEO'S COMPENSATION ARE DOCUMENTED ON A TIMELY BASIS BY THE COMPENSATION TEAM. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S CEO WAS LAST UNDERTAKEN IN NOVEMBER OF 2009 FOR THE 2010 CALENDAR YEAR COMPENSATION.
Public Disclosure Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS ARE NOT DISCLOSED TO THE PUBLIC; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST; AND THE FINANCIAL STATEMENTS ARE PROVIDED AS DEEMED APPROPRIATE BY THE COMPTROLLER WITHIN THE GUIDELINES OF NAR'S FINANCIAL DISCLOSURE POLICY.
Average hours worked per week for related organization Form 990, Part VII, Section A, Column B MAURICE VEISSI - DEVOTES APPROXIMATELY 1 HOUR A WEEK TO REAL ESTATE BUYER'S AGENT COUNCIL, A RELATED TAX-EXEMPT ORGANIZATION. JAMES HELSEL DEVOTES - APPROXIMATELY 1 HOUR A WEEK TO NAR STATE EXCHANGE ACCOUNT, A RELATED TAX-EXEMPT ORGANIZATION. DALE STINTON - DEVOTES APPROXIMATELY 1.5 HOURS A WEEK TO REAL ESTATE BUYER'S AGENT COUNCIL, A RELATED TAX-EXEMPT ORGANIZATION. ROBERT GOLDBERG - DEVOTES APPROXIMATELY 2 HOURS A WEEK TO REAL ESTATE BUYER'S AGENT COUNCIL, A RELATED TAX-EXEMPT ORGANIZATION. JOHN PIERPOINT - DEVOTES APPROXIMATELY 1 HOUR A WEEK TO LEONARD P. REAUME MEMORIAL FOUNDATION, A RELATED TAX-EXEMPT ORGANIZATION. VICKI COX GOLDER - DEVOTES APPROXIMATELY 1 HOUR A WEEK TO NAR STATE EXCHANGE ACCOUNT, A RELATED TAX-EXEMPT ORGANIZATION.
Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 8560268; 2009 RPR NET ASSETS - 7167281; INC FROM INVEST IN SUBS - -10079969; CHANGE IN RET OBLIGATION - 2267000; DIST TO NONCONTROLLING INT IN SENTRILOCK - -703771; PRIOR PERIOD ADJ - NONCONT INT IN SENTRILOCK - 1539811; PRIOR PERIOD ADJ - OTHER - -136086; RPR CAPITAL CONTRIBUTIONS - 10880164; UNREALIZED LOSS ON SWAP AGREEMENTS - -383406;
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID: 10000128
Software Version: v2010.1.0
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
NATIONAL ASSOCIATION OF REALTORS
 
Employer identification number

36-1520690
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity







(1) REALTORS PROPERTY RESOURCE LLC
430 N MICHIGAN
CHICAGO,IL60611
36-1520690 		MEMBER SERVICES IL 102,000 12,209,795 NA
 










Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) REALTORS RELIEF FOUNDATION

430 N MICHIGAN AVE

CHICAGO,IL60611
36-4468109 		DISASTER RELIEF IL 501(C)(3) 7 NA
 
 
 
(2) LEONARD P REAUME MEMORIAL FOUNDATION

430 N MICHIGAN AVE

CHICAGO,IL60611
36-3495865 		EDUCATION IL 501(C)(3) PF NA
 
 
 
(3) REAL ESTATE BUYER'S AGENT COUNCIL

430 N MICHIGAN AVE

CHICAGO,IL60611
36-4173556 		MEMBER SERVICES IL 501(C)(6) N/A NA
 
 
 
(4) REALTORS POLITICAL ACTION COMMITTEE

430 N MICHIGAN AVE

CHICAGO,IL60611
36-2795122 		POLITICAL ACTIVITY IL 527 N/A NA
 
 
 
(5) NAR STATE EXCHANGE ACCOUNT

430 N MICHIGAN AVE

CHICAGO,IL60611
26-1725187 		NON-FED ELECTION SUPPORT IL 527 N/A NA
 
 
 
(6) NAR CONGRESSIONAL FUND

430 N MICHIGAN AVE

CHICAGO,IL60611
27-3388377 		POLITICAL ACTIVITY IL 527 N/A NA
 
 
 


For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) SENTRILOCK LLC

2710 EAST KEMPER ROAD
CINCINNATI,OH45241
20-0070121 		REAL ESTATE SERV OH NA
  		UNRELATED 7,555,095 3,815,910 Yes   0   No 0 %
(2) EPROPERTYDATACOM

3201 JAHN AVE NW SUITE 218
GIG HARBOR,WI98335
91-2072588 		REAL ESTATE TECHNOLOGY WA NA
  		                 










Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership
(1) REALTORS INFORMATION NETWORK INC
430 N MICHIGAN AVE
CHICAGO,IL60611
36-3981966 		REAL ESTATE INFO IL NA
  		C CORPORATION 1,704,155 7,511,833 100.000 %
(2) SECOND CENTURY VENTURES LLC
430 N MICHIGAN AVE
CHICAGO,IL60611
26-2041343 		REAL ESTATE INFO IL NA
  		C CORPORATION 828,112 7,172,869 100.000 %
(3) SENTRILOCK FINANCE CORP
430 N MICHIGAN AVE
CHICAGO,IL60611
20-3467306 		REAL ESTATE SERV DE NA
  		C CORPORATION 0 1,097,879 100.000 %








Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
Yes
 
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
 
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) NAR CONGRESSIONAL

 B 1,100,000 CASH
(2) NAR STATE EXCHANGE ACCOUNT

 B 499,500 CASH
(3) REALTORS RELIEF FOUNDATION

 B 350,000 CASH
(4) REAL ESTATE BUYER'S AGENT COUNCIL

 A 116,622 CASH
(5) REAL ESTATE BUYER'S AGENT COUNCIL

 K 60,844 CASH
(6) REALTORS PROPERTY RESOURCE

 K 71,028 CASH
(7) REALTORS INFORMATION NETWORK

 K 248,303 CASH
(8) REAL ESTATE BUYER'S AGENT COUNCIL

 P 673,241 CASH
(9) REALTOR PROPERTY RESOURCE

 P 660,797 CASH
(10) REALTORS INFORMATION NETWORK

 P 187,778 CASH
(11) REALTORS INFORMATION NETWORK

 N 523,969 CASH
(12) REAL ESTAGE BUYER'S AGENT COUNCIL

 R 1,050,712 CASH
(13) REALTORS PROPERTY RESOURCE

 R 43,707 CASH
(14) REALTORS INFORMATION NETWORK

 R 290,244 CASH
(15) SENTRILOCK LLC

 R 357,182 CASH
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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