TY 2019 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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

(1) Bryan Hutchinson......................................................................
Assoc Executive

40.00
.................
0.00

90,654

2,700

(2) Kriston Wood......................................................................
President

3.00
.................
0.00

(3) Michele Sherwood......................................................................
Pres-Elect

3.00
.................
0.00

(4) Jennifer Welch......................................................................
Treasurer

3.00
.................
0.00

(5) Kim Dale......................................................................
Secretary

3.00
.................
0.00

(6) Cyndi Bell......................................................................
Past President

3.00
.................
0.00

(7) Joseph Aubin......................................................................
Director

1.00
.................
0.00

(8) David Cook......................................................................
Director

1.00
.................
0.00

(9) Julie Floyd......................................................................
Director

1.00
.................
0.00

(10) Janet Hewlett......................................................................
Director

1.00
.................
0.00

(11) Amanda Keeley......................................................................
Director

1.00
.................
0.00

(12) Amy Kobza......................................................................
Director

1.00
.................
0.00

(13) Belinda Payne......................................................................
Director

1.00
.................
0.00

(14) Kristi Sanguinet......................................................................
Director

1.00
.................
0.00

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of 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 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII 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

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	9,728
2. Liability for uncertain tax positions. In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
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
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
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 XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
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
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

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 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

Williamson County Association
of REALTORS Inc

Employer identification number

74-1940749

Return Reference	Explanation
Form 990, Part III, Line 4d: Other Program Services Description	OTHER PROGRAM SERVICES 4: AFFILIATE MEMBERSWCREALTORS members benefited from the Associations affiliate members. These include mortgage lenders, title companies, builders, inspectors, appraisers and other industry related companies. WCREALTORS is an ideal forum for developing new business with the various professionals within a multi-faceted industry.
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	REALTOR Members, whether primary or secondary shall be:Individuals who, as sole proprietors, partners, corporate officers, or branch officemanagers, are engaged actively in the real estate profession, including buying,selling, exchanging, renting or leasing, managing, appraising for others for compensation, counseling, building, developing or subdividing real estate, andwho maintain or are associated with an established real estate office in the stateof Texas or a state contiguous thereto. All persons who are partners in a partnership, or all officers in a corporation who are actively engaged in the realestate profession within the state or a state contiguous thereto shall qualify forREALTOR membership only, and each is required to hold REALTOR membership (except as provided in the following paragraph) in an association of REALTORS within the state or a state contiguous thereto, unless otherwise qualified for Institute Affiliate membership.In the case of a real estate firm, partnership, or corporation whose business activity is substantially all commercial, only those principals actively engaged in the real estate business, in connection with the same office, or any other offices within the jurisdiction of the association in which one of the firm's principals holds REALTOR membership, shall be required to hold REALTOR membership unless otherwise qualified for Institute Affiliate membership.Individuals who are engaged in the real estate profession other than as soleproprietors, partners, corporate officers, or branch office managers and areassociated with a REALTOR member and meet the qualifications.
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Primary REALTOR members in good standing whose dues have been paid for the current billing cycle may vote in the Director election.
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	Members can remove officers and directors from office and approve amendments to the Association's bylaws.
Form 990, Part VI, Line 11b: Form 990 Review Process	The return was prepared by the Association's CPA. The Association Executive reviewed the return before it was filed.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	The Association's independent Board draws upon other board experience, business experience, discussions with other organizations, and any other sources considered necessary to determine compensation for the Association Executive.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Certain other documents available upon request.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:	19009920
Software Version:	2019v5.0

1	Briefly describe the organization’s mission or most significant activities: WCREALTORS is a voice and resource for REALTORS in Williamson County.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	13
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	13
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	12
6	Total number of volunteers (estimate if necessary) .............	6	13
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	40,629
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	5,866

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	9,615	0
9	Program service revenue (Part VIII, line 2g) .........	710,908	980,338
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	170	1,637
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	106,149	54,595
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	826,842	1,036,570
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	444,813	394,335
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	421,099	558,525
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	865,912	952,860
19	Revenue less expenses. Subtract line 18 from line 12.......	-39,070	83,710
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,879,241	2,043,941
21	Total liabilities (Part X, line 26).............	1,274,602	1,355,592
22	Net assets or fund balances. Subtract line 21 from line 20.....	604,639	688,349

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	EDUCATION AND PROFESSIONAL DEVELOPMENTWCREALTORS offered courses that not only helped members meet their license renewal requirements, but also enhanced their working knowledge of the real estate industry, which translated into more productive, profitable, and competitive agents.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	RELIABLE INFORMATION & MARKETING TOOLSWCREALTORS provided members with comprehensive selections of marketing tools and services that provided the best opportunities for increasing visibility and commercialism.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	GOVERNMENT REPRESENTATIONWCREALTORS allowed members to stay abreast of local, state and national legislation affecting the real estate industry.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

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 above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	90,654	2,700

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

		Business Code
2a	Continuing Education		143,659	143,659
b	Member events		119,668	119,668
c	Membership Dues & Assessments		346,318	346,318
d	MLS Services		370,693	370,693
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		980,338

3 Investment income (including dividends, interest, and othersimilar amounts) ......			1,637			1,637
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents		12,268	6a
b	Less: rental expenses			6b
c	Rental income or (loss)		12,268	6c
d	Net rental income or (loss).......			12,268			12,268
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........			0
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	39,072
b	Less: cost of goods sold ..		10b	31,407
c	Net income or (loss) from sales of inventory..			7,665		7,665
Business Code			Miscellaneous Revenue
11a	Advertising			32,964		32,964
b	Other revenues			1,698			1,698
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			34,662
12	Total revenue. See instructions.....			1,036,570	980,338	40,629	15,603

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	0
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	0
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. 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 ...........	90,654
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	0
7	Other salaries and wages........	261,365
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	5,600
9	Other employee benefits .......	9,580
10	Payroll taxes ...........	27,136
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	3,933
c	Accounting ...........	7,294
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	0
12	Advertising and promotion ....	0
13	Office expenses .......	46,273
14	Information technology ......	0
15	Royalties ..	0
16	Occupancy ...........	57,226
17	Travel ............	0
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	50,155
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	43,711
23	Insurance ...	0
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CTXMLS expense	142,437
b	Education	74,083
c	Member events	54,816
d	Other expenses	32,589
e	All other expenses	46,008
25	Total functional expenses. Add lines 1 through 24e	952,860	0	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			8,386	1	131,897
2	Savings and temporary cash investments .........			200,383	2	268,307
3	Pledges and grants receivable, net ......				3	0
4	Accounts receivable, net .............				4	0
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6	0
7	Notes and loans receivable, net ...........				7	0
8	Inventories for sale or use ............			9,664	8	5,627
9	Prepaid expenses and deferred charges ......				9	1,159
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,144,112
b	Less: accumulated depreciation	10b	519,367	1,647,872	10c	1,624,745
11	Investments—publicly traded securities .				11	0
12	Investments—other securities. See Part IV, line 11 .....				12	0
13	Investments—program-related. See Part IV, line 11 ..			6,000	13	6,000
14	Intangible assets ...............			6,936	14	6,206
15	Other assets. See Part IV, line 11 ...........				15	0
16	Total assets. Add lines 1 through 15 (must equal line 33)...			1,879,241	16	2,043,941

17	Accounts payable and accrued expenses .....	27,352	17	37,213
18	Grants payable ...		18
19	Deferred revenue .........	230,289	19	289,653
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	1,005,977	23	1,018,998
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	10,984	25	9,728
26	Total liabilities. Add lines 17 through 25..	1,274,602	26	1,355,592

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	604,639	27	688,349
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	604,639	32	688,349
33	Total liabilities and net assets/fund balances ........	1,879,241	33	2,043,941

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	527,719		527,719
b	Buildings ....	1,463,990	395,700	1,068,290
c	Leasehold improvements	26,787	1,788	24,999
d	Equipment ....	80,142	79,262	880
e	Other .....	45,474	42,617	2,857
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				1,624,745

(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........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Investment in CTXMLS	6,000	C
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)