TY 2020 Form 990EZ

(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
Adrianne Arrington Vice President	0	0
Tracy Robinson Secretary Treas	0	0
Rhonda Roberts Sec/Treas Elect	0	0
RON MULKEY President	0	0
JADE SMITH President Elect	0	0

(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

Adrianne Arrington

Vice President

Tracy Robinson

Secretary Treas

Rhonda Roberts

Sec/Treas Elect

RON MULKEY

President

JADE SMITH

President Elect

(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

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- 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

2020

Open to Public
Inspection

Name of the organization

DUNCAN ASSOCIATION OF REALTORS INC

Employer identification number

23-7164684

Return Reference	Explanation
Other Revenue.1	Miscellaneous $2105
Other Expenses.1002	Office Expenses $1662
Other Expenses.1005	Travel $770
Other Expenses.1008	Interest $1031
Other Expenses.1009	Depreciation $3001
Other Expenses.1012	Insurance $2354
Other Expenses.1	MLS EXPENSE $19736
Other Expenses.2	Repairs and maintenance $1630
Other Expenses.3	Travel and meals $1460
Other Expenses.4	Property Taxes $579
Other Expenses.5	CONTINUING EDUCATION $400
Other Expenses.6	Computer supplies $300
Other Expenses.7	Credit card fee $262
Other Expenses.8	Other Board Expenses $262
Other Expenses.9	Board expense $240
Other Expenses.10	MISCELLANEOUS $211
Other Expenses.11	PETTY CASH $185
Other Expenses.13	BANK CHARGES $17
Other Expenses.16	Rounding $-2
Other Assets.1003	Machinery and Equipment - Beginning $375 Machinery and Equipment - Ending $0
Other Assets.1005	Accounts Receivable - Beginning $54268 Accounts Receivable - Ending $52242
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $313 Prepaid Expenses and Deferred Charges - Ending $350
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $19420 Accounts Payable and Accrued Expenses - Ending $24870
Total Liabilities.1003	Deferred Revenue - Beginning $32885 Deferred Revenue - Ending $30611
Total Liabilities.1007	Secured Mortgages and Notes Payable - Beginning $27755 Secured Mortgages and Notes Payable - Ending $20119
Total Liabilities.1	- Beginning $0 - Ending $0

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

Software ID:	20011551
Software Version:	2020v4.0

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2	88,865
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
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	4,899
c	Less: direct expenses from gaming and fundraising events ...	6c	8,335
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	-3,436
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	2,105
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	87,534

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? REAL ESTATE BOARD ASSOCIATION
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 See Statement 6A. Annual banquet and monthly luncheons; installation of officers, provide members information on current real estate trends, loans, etc.; serve as information center for new residents moving into town; serves as negotiating agent in disputes between members.B. Education: Held informative training sessions at monthly luncheons covering topics such as real estate commission requirements, etc. Also held continuing education classes for realtors and non-realtor agents in Stephens and Jefferson counties.C. Multiple Listing Service: Coordinate activities on central computer listing service and provide quarterly sold information and monthly books of current listings to all MLS members. (Grants $ ) 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

Sign Here

	Signature of officer	Date

	Type or print name and title

10	Grants and similar amounts paid (list in Schedule O) ................	10	100
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	39,799
13	Professional fees and other payments to independent contractors ............	13	4,974
14	Occupancy, rent, utilities, and maintenance ...................	14	5,293
15	Printing, publications, postage, and shipping ...................	15	110
16	Other expenses (describe in Schedule O) ...................	16	34,098
17	Total expenses. Add lines 10 through 16 .................	17	84,374

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	3,160
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	47,206
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	50,366