TIN:
SCHEDULE O
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
(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.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Inspection
Name of the organization
MAINE ASSOCIATION OF REALTORS
Employer identification number
01-0269301
01-0269301
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | LINE 2 EXPLANATION - SOME DIRECTORS MAY WORK FOR THE SAME REAL ESTATE FIRM, MAY BE BUSINESS PARTNERS, OR MAY BE THE MANAGER/DESIGNATED BROKER OF ANOTHER WHO IS IN THEIR REAL ESTATE OFFICE. |
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - THE ORGANIZATION'S MEMBERSHIP CONSISTS OF MAINE REAL ESTATE LICENSEES AND MAINE LICENSED/CERTIFIED APPRAISERS WHO SUBSCRIBE TO A SPECIFIC CODE OF ETHICS; ALONG WITH AFFILIATE MEMBERS UNDER A SEPARATE CLASS OF MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - THE ORGANIZATION'S MEMBERSHIP ELECTS THE OFFICERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | LINE 7B EXPLANATION - THE ORGANIZATION'S MEMBERSHIP APPROVE CERTAIN DECISIONS OF THE BOARD OF DIRECTORS SUCH AS BYLAWS AMENDMENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11A EXPLANATION - THE FORM 990 WAS GIVEN TO THE OFFICERS OF THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE OFFICERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | PRINT COPIES OF GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES COULD BE PICKED UP AT OFFICE HEADQUARTERS, BUT FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART IX, LINE 24E | EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,379. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,379. SCHOLARSHIP EXPENSE: PROGRAM SERVICE EXPENSES 17,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,556. INTERNET: PROGRAM SERVICE EXPENSES 14,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,473. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 12,207. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,207. PROPERTY TAX: PROGRAM SERVICE EXPENSES 10,218. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,218. NERC EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,862. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,862. AFFORDABLE HOUSING EXPENSE: PROGRAM SERVICE EXPENSES 9,205. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,205. RESERVE SPENDING: PROGRAM SERVICE EXPENSES 7,104. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,104. TELEPHONE: PROGRAM SERVICE EXPENSES 3,322. MANAGEMENT AND GENERAL EXPENSES 2,822. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,144. MEMBER TECHNOLOGY: PROGRAM SERVICE EXPENSES 5,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,891. ADVERTISING: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. OFFICER EXPENSE: PROGRAM SERVICE EXPENSES 2,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,479. AWARDS AND RECOGNITION: PROGRAM SERVICE EXPENSES 2,161. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,161. NAR (TRAVEL) EXPENSE: PROGRAM SERVICE EXPENSES 2,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,125. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,387. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,387. POSTAGE: PROGRAM SERVICE EXPENSES 448. MANAGEMENT AND GENERAL EXPENSES 337. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 785. EMPLOYEE EDUCATION: PROGRAM SERVICE EXPENSES 703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 703. LEGAL SERVICES PROGRAM: PROGRAM SERVICE EXPENSES 593. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 593. STAFF BUSINESS EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 430. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 430. BANK CHARGES: PROGRAM SERVICE EXPENSES 102. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102. |
| LINE 1 | THE ORGANIZATION USES MODIFIED CASH BASIS OF ACCOUNTING |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020
Additional Data
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