2019 Budget -Approved by Planning Committee 08/23/18

Transcription

1 2019 Budget -Approved by Planning Committee 08/23/18 TOTAL ADMIN PROGRAM EXPENSES SALARIES BENEFITS PR TAX EXPENSES ALLOCATION NET Business Prac ( Education) 195, , , , , , , (208,240) CRS 24, , , , , (32,685) Scholarship Foundation , , , , (35,294) Gov & Pub Affairs 244, , , , , , , (725,842) Mbr. &Comm 80, , , , , , , (377,587) Leadership , , , , , (303,567) Administration/Operations 1,811, , , , , , {719, ,811,451 Totals $2,355, $1,216, $788, $150, $70, $2,226, $ ,236 Total 128,236 Proposed SKCR dues $ Membership assumption 7,000 FTE's + Prepared by Scott Parsons 8/23/2018 Page I

2 PROGRAM: ADMINISTRATION EXPENSES Strategic Goal I: SKCR ensures that active real estate licensees in King County understand the value of REAL TOR membership Obtain and maintain the administrative, personnel, operational, financial, communication and volunteer structures and resources necessary to achieve SKCR's strategic goals. Realtor Dues Affiliate Dues Affiliate Partners '2019 7,000 Full Time 100 Full Time 1,393, , , Application fees Late fees 800 New Members - $100 per application Late Members, Installment Fees 80, , Interest on investments 15, Rental Income Stack Resources Sammamish Floor Covering, Inc Cougar Mountain Group Bruce Company Translational Software 37, , , , , EXPENSES Mortgage on Building Prepay Mortgage $5,000 Mo Building Maintenance, Utilities, Property Tax 118, , , Insurance Contents & Liability, Crime & Bonding Building Improvements - Lobby Bathrooms, Lobby Carpet Web, Tech & Data Platforms 5, , Copier $950 mo Mail Machine 11, Other maintenance & Repairs 3, Telephone & Internet Taxes, licenses, fees 12, 10, Supplies - Office, Paper, etc. 10, Bank Charges 1, Legal fees - 3, Memberships & Subscriptions 1, CEO Business expenses $100 per month 1, Auto CEO Allowance $475lmo x 12 months Staff mileage 5, , Room & Food Christmas Party / Meeting Room I Staff Retreat 3, CPA Review Accounting Service -CPA Audit & Payroll Service, Tax Returns 15, Postage- Dues and Admin 18, Page 2

3 Printing Depreciation Letters, invoices, Color Printer Consumables 105, , Debit/Credit Card Interchange fees Staff Development (Not otherwise itemized} 4 8, TOTAL REVENUE TOTAL EXPENSES 462, ,811, Salaries Employee Benefits Payroll Taxes Admin Allocation NET GENERAL ADMIN 175, , , (719,778.31) 0.00 Page 3

4 PROGRAM Strategic Goal 4: Business Practices EXPENSES SKCR promotes professionalism and provides innovative education and resources to a diverse membership. Objective A Offer education and resources, which will enable SKCR members to enhance their business competencies, by focusing on profitability, productivity, liability reduction, and professionalism. Provide 100+ education in-house and on line classes on timely issues. Reservations 195, Instructor and other fees 90, Travel to AEI Institute - Staff Training 2, WSAE, WCR and other Provide administrative support to the Washington State Certified Residential Specialists Admin Support Contract $2,000 per month 24, Postage Provide resources which will enable members to work more effectively with diverse home buyers and sellers, and expand opportunities for them to develop global real estate businesses. Support Ambassado'r Association Program, Trade Alliances and NAR President Liaison Global Council Meetings and AREAA Activities SKCR leader travel to IREC- Tokyo Network reception for Japanese at NAR Convention 5, , , Objective C Follow NAR approved policies and procedures for ethics enforcement and arbitration and trademark protection to enhance members' professionalism. Have Professional Standards Committee hold hearings on ethics complaints and arbitration. requests forwarded by the Grievance Committee Legal Review Hold 12 Ethics Meetings/ Postage Committee meals and offsite meetings TOTAL TOTAL DIRECT EXPENSES 108, , SALARIES EMPLOYEE BENEFITS PAYROLL TAXES ADMIN ALLOCATION TOTAL EXPENSES 138, , , , NET NET COST PER AGENT (208,239.56) Page4

5 PROGRAM Governmental & Public Affairs EXPENSES Strategic Goal Ill: SKCR actively engages the political, legislative, legal and regulatory process Objective A Continue the implementation of a comprehensive plan to promote healthier communities, etc. Conduct 1 REAL TORS Housing Issues briefings, (WR) Reimbursement from WR Printing, Binders and Room Rental, Speaker, Lunches Increase and enhance awareness of, and involvement in, state, regional and local legislative, regulatory, legal, and political issues to meet SKCR's stated Governmental & Public Affairs priorities. Develop public relations programs to position SKCR members as the source for real estate services and information within those jurisdictions served by SKCR members and Continue a comprehensive PR program with SKCR's PR Specialist PR Specialist Produce 1 Voter Guide Printing and Layout Postage SKCR VP of Gov Affairs & the VP-elect of Gov Affairs to NAR's mid-year meeting $700 x 2 Expense Allowance $1600 x 2 - Four Nights and Meals FPC to mid-year meeting SKCR allowance $1000 x 4 An additional $1000 allowance available to FPC by separate application to NAR Continue an RPAC promotional campaign. Materials, Meals, etc (WR reimbursement) East King County Chambers Legislation Coalition Membership, (WR Grant) South King County Chambers Legislation Coalition Membership, (WR Grant) Objective C Continue local legislative advocacy to protect housing affordability for consumers and protect the scope of practice issues for SKCR members. Utilize our housing specialists, staff, leadership and other volunteers. NWMLS Contribution for Housing Specialists Housing Specialists: Housing Specialist contracts, (NWMLS) $ Mo Housing Specialists out of pocket expense reimbursement Chamber Membership fees Seattle Business Coalition Member - CASE GAD Expenditures WSBA dues Land Use Section Dues CLEs Page5

6 GAD attend State & National meetings: NAR Midyear Mtg (May) Total $ Hotel $300 x 4 days Food $75 x 5 days Misc $10 x 5 days Ground transportation / Parking GAD Seminar or ASAE Governmental Affairs Seminar or NAR Legal Seminar Ground Transportation/Parking Hotel $275 x 4 days Food $75x 5 Registration WR Winter Assembly Hotel $135 x 2 night Food $50 x 2 days Events WR April Meeting Hotel $190 x 3 days Food $50 x 3 days Events and Registration WR Sept RE Confe Hotel $145 x 3 days Food $50 x 3 days Events and Registration Objective D Improve the congruence between public perceptions and the fact that the REAL TORS are sensitive to, and supportive of, well-grounded and responsible environmental stewardship Environmental TREC Project Postage and Supplies General Committee Lunches and offsite meetings 6 x $350, Offsite Meeting $ TOTAL TOTAL DIRECT EXPENSES SALARIES BENEFITS PAYROLL TAXES ADMIN ALLOCATION TOTAL EXPENSES NET NET COST PER AGENT Page 6

7 PROGRAM: Membership and Communications EXPENSES Strategic Goal I: Objective A SKCR ensures that active real estate licensees in King County understand the value of REAL TOR membership Attain SKCR's REALTOR membership of 7,000 REALTORS by Dec 31st IBA Trade Show+ NWMLS event participation 1, Maintain Volunteer structures and resources Hold a banquet to recognize outstanding volunteers & install leadership Income: Ticket Sales Sponsors Room &food Award plaques 1 1, , , New Member materials Postage 1, Committee meals and outside meetings Travel to AEI Institute - Staff Training Travel to NAR Mid Yr Meeting Travel to Communication Director Institute x 2 2, 3, WSAE, WCR and other Recognize the contributions of SKCR's volunteers Officer portraits, framing & name plates Gifts for BOD, 20 x $40 Gift to President Past President Luncheon Objective D Foster Development of Young Professional Network Chapter YPN at Midyear: Chair Vice Chair 1, 1, NAR annual: Chair Vice Cahir 1, , Chicago Summit: Vice Chair Scholarships for YPN: 1, Strategic Goal II Improve two way communication with members to increase member engagement Objective A Utilize electronic and in-person communications Conduct Office Visits Social Media Designated Broker/Owner Outreach Conduct member and PR programs intended to raise the awareness of Realtors Support of Condo reform 35, Page 7

8 1st Citizen Banquet Income (Tickets/Sponsorships) Expenses PR (Cheri) 38, , , st Citizen Scholarship Foundation Support professionalism & involvement in the community through a scholarship program Objective C Increase participation in SKCR activities Affiliate Council Qtly Forums Affiliate Promotion Golf Tournament Tickets Sponsorships Dessert / Raffle Golfers Expenses Promotion Net Proceeds to Charity 14, , , , , 3, TOTAL REVENUE TOTAL DIRECT EXPENSES 139, , SALARIES EMPLOYEE BENEFITS PAYROLL TAXES ADMIN ALLOCATION TOTAL EXPENSES 157, , , , , NET NET COST PER AGENT (377,586.67) Page 8

9 PROGRAM: COMMITTEES: Leadership Board of Directors (BOD) and Planning (PLN) EXPENSES Strategic Goal I: SKCR ensures that active real estate licensees in King County understand the value of REAL TOR membership Maintain Volunteer structures and resources Hold bi-monthly meeting of the Board of Directors (Lunch - $300 each) Hold an annual leadership retreat for incoming officers, directors and committee chairs. Supplies, Notebooks, Banner, Name Badges Room, food & Speaker Fees Strategic Plan Facilitation for 2020 Past President stipend $500.00/mo Presidents expense stipend $1000/mo Pres-Elect expense stipend $500/mo (Defrays All In-state Travel not otherwise budgeted) 1, , , , Objective C: Enhance existing, and develop new, strategic and beneficial alliances with related industry, media and community organizations and encourage member involvement in these organizations. Keep leadership and CEO involved in and informed of the work of NAR and WR National Assn. Of REALTORS: Pres Expense Pres-$2.700 Allowance per NAR meeting x 2 NAR Region 12 March (Pres/CEO) Hotel and Travel x 2 - Seattle Pres-Elect Expense Pres-Elect $2.700 Allowance per NAR meeting x 2 NAR Leadership meeting Chicago Hotel Food $75 x 3 days Transfers/Parking Pres-Elect & CEO WR Leadership Retreat Hotel - 2 Nights Food 5, , Officer Expense Leadership and Director Fund Other Subordinate Officer's can apply for a trip to a NAR meeting To be reported at next BOD meeting 7, CEO Expense NAR Midyear Mtg (May - Wa DC) - Wash D.C. Mid year meeting Hotel $300 x 5 Food $75 x 5 Misc $20 x 5 Transfers/Parking AEI Austin Parking / Transfers Hotel $225 x 5 days Food $75 x 5 Registration NAR / ASAE / Inman Parking / Transfers Hotel $250 x 4 days Food $75 x4 Registration Page , , ,000.00

10 NAR Convention (Nov) San Francisco Hotel $300 x 5 Food $75x 5 Misc $10 x 5 Ticketed events Transfers/Parking NAR Leadership Mtg August (Chicago) - Chicago Hotel Food $75 x 3 days Transfers/Parking , Washington Assn. Of REAL TORS : CEO: Legislative Mtgs. April Conference Sept Conference Directors Hotel $130 x 2 night Food $50 x 2 days Misc $10 x 2 days Ticketed Events Hotel $187 x 3 days Food $50 x 3 days Ticketed Events and Registration Hotel $153 x 3 days Food $50 x 3 days Ticketed Events and Registration Jan - $160/day x 2 days x 40 Directors April - $160/day x 3 days x 40 Directors Sep - $160/day x 3 days x 40 Directors Officer Election and Caucus Fund ($1,500 x 2) , , 19, 3, Bellevue Chamber / Business Roundtable Membership 1 TOTAL DIRECT EXPENSES SALARIES EMPLOYEE BENEFITS PAYROLL TAXES ADMIN ALLOCATION TOTAL EXPENSES Net COST PER AGENT 124, , , , , (303,566.98) Page 10

11 2018 SKCAR Budget Draft Staff time Allocations Business GovUPub Member& Education Practices CRS Affairs Comm Comm Foundation Leadership Admin % % % % % % % % CEO- Russ 5.00% 5.00% 15.00% 15.00% 5.00% 40.00% 15.00% % Director of Business Practices- Claudia % % Director of Gov. & Public Affairs- David % % Director of Finance/Operations- Scott 0.00% 6.00% 1.00% 11.00% 82.00% % Director of Comm. & Memb. Rel.- Val 90.00% 10.00% % CRS Coordinator (Exec Assistant)- Marie 60.00% 10.00% 15.00% 15.00% 0.00% % Admn & Oper Assistant- Lisa 15.00% 5.00% 20.00% 60.00% % Communications Coordinator 10.00% 25.00% 55.00% 0.00% 10.00% 0.00% % Business Practices Admin- Kia 50.00% 0.00% 50.00% % 100% % Janitorial - Cynthia 100% % Page 11