TY 2019 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-1150

2019

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
FOUR CORNERS BOARD OF REALTORS

Number and street (or P. O. box, if mail is not delivered to street address)350 W MONTEZUMA
Room/suite

City or town, state or province, country, and ZIP or foreign postal code CORTEZ, CO81321

D Employer identification number

84-0735410

E Telephone number

(970) 565-0112

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? THE PURPOSE OF THE FOUR CORNERS BOARD OF REALTORS, AN INNOVATIVE TRADE ORGANIZATION OF REAL ESTATE PROFESSIONALS, IS TO: PROTECT THE RIGHT TO OWN, USE, AND TRANSFER REAL ESTATE. PROMOTE PUBLIC AWARENESS OF THE REALTORS SPECIAL SKILLS, KNOWLEDGE, AND COMMITMENT TO COMMUNITY ENRICHMENT. PROVIDE EDUCATION, PROGRAMS, AND SERVICES TO ENHANCE MEMBER'S ABILITY TO CONDUCT THEIR BUSINESS SUCCESSFULLY WITH INTEGRITY AND COMPETENCY.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 THE FOUR CORNERS BOARD OF REALTORS HOSTED THE ANNUAL DEAN HANSON MEMORIAL GOLF TOURNAMENT FOR THE PURPOSE OF PROMOTING EDUCATION THROUGH THE ISSUANCE OF TEN ONE THOUSAND DOLLAR SCHOLARSHIPS. THE ORGANIZATION ALSO CORDINATED THE ANNUAL PARADE OF LIGHTS, ASSISTED THE SALVATION ARMY, AND PARTICIPATED WITH HABITAT FOR HUMANITY IN THEIR EFFORT TO CONSTRUCT NEW HOMES FOR UNDER RESOURCED FAMILIES IN MONTEZUMA COUNTY. EIGHT SEMENIARS WERE HELD TO PROMOTE AND PROVIDE CONTINUING EDUCATION FOR REAL ESTATE PROFESSIONALS AND SUPPORT WAS PROVIDED FOR THE LOCAL ECONOMIC SUMMIT. (Grants $ 49,263) If this amount includes foreign grants, check here ...			28a
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	49,263

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
BRENDA BATES Prior President	4.00	0
PAUL ADAMS Trustee	4.00	0
CAROL CLICK Treasurer	4.00	0
JASON WITT President Elect	4.00	0
TIM SINGLETON Trustee	4.00	0
BRENDA HINDMARSH Trustee	4.00	0
GERRY PARKER Trustee	4.00	0
BONNIE LEIGHTON President	4.00	0
PRESTON DILLION Trustee	4.00	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $649
Other Expenses.1002	Office Expenses $1187
Other Expenses.1003	Information Technology $1113
Other Expenses.1005	Travel $4916
Other Expenses.1012	Insurance $751
Other Expenses.1	Scholarships $13000
Other Expenses.2	MLS Fees $5175
Other Expenses.3	Dues and Subscriptions $4752
Other Expenses.4	Professional Development $4453
Other Expenses.5	Board Expense $3113
Other Expenses.6	PROFESSIONAL FEES $2815
Other Expenses.7	INSTALLATION LUNCHEON $2110
Other Expenses.8	DONATION $1975
Other Expenses.9	Telephone $1259
Other Expenses.10	Bank Fees $874
Other Expenses.11	Misc $859
Other Assets.1005	Accounts Receivable - Beginning $1032 Accounts Receivable - Ending $1087
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $1333 Accounts Payable and Accrued Expenses - Ending $6970

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $649

Other Expenses.1002

Office Expenses $1187

Other Expenses.1003

Information Technology $1113

Other Expenses.1005

Travel $4916

Other Expenses.1012

Insurance $751

Other Expenses.1

Scholarships $13000

Other Expenses.2

MLS Fees $5175

Other Expenses.3

Dues and Subscriptions $4752

Other Expenses.4

Professional Development $4453

Other Expenses.5

Board Expense $3113

Other Expenses.6

PROFESSIONAL FEES $2815

Other Expenses.7

INSTALLATION LUNCHEON $2110

Other Expenses.8

DONATION $1975

Other Expenses.9

Telephone $1259

Other Expenses.10

Bank Fees $874

Other Expenses.11

Misc $859

Other Assets.1005

Accounts Receivable - Beginning $1032 Accounts Receivable - Ending $1087

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1333 Accounts Payable and Accrued Expenses - Ending $6970

1	Contributions, gifts, grants, and similar amounts received ....................	1	70,490
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4	9,154
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	20,157
c	Less: direct expenses from gaming and fundraising events ...	6c	12,027
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	8,130
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	87,774

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	10,710
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	185,007
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20	16,569
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	212,286

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	19009920
Software Version:	2019v5.0

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	24,761
13	Professional fees and other payments to independent contractors ............	13
14	Occupancy, rent, utilities, and maintenance ...................	14	3,208
15	Printing, publications, postage, and shipping ...................	15	94
16	Other expenses (describe in Schedule O) ...................	16	49,001
17	Total expenses. Add lines 10 through 16 .................	17	77,064

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










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