2015 program budget
Post on 02-Apr-2016
215 Views
Preview:
DESCRIPTION
TRANSCRIPT
2015
PROGRAM BUDGET
2015 OAR Budget Page 1 of 45
Oregon Association of REALTORS®
2015 Budget Proposed for the following Revenue/Distribution:
14,000 members @ $185.00 $2,590,000
Replenish Issues Mobilization @ $36.65/member (513,142)
__________
Operating Budget Revenue $2,076,858
Operating Budget Proposed (2,076,858)
__________
Excess Revenue over Expenses $0
Note: $45 dues increase from 2011 applied as:
$36.65 per member to Issues Mobilization Fund
$8.35 per member to operating budget
2015 OAR Budget Page 2 of 45
B = Basic OREGON ASSOCIATION OF REALTORS®
M = Maintenance 2015 PROGRAM BUDGET SUMMARY
S = Supplemental
1 B Legislative Advocacy 12.78% 265,362$ 265,362$ 18.95$ 18.95$
2 B REALTORS® Political Action (RPAC) 7.89% 163,949 429,311 11.71 30.67
3 B Administrative Services (Includes Plaza) 14.10% 292,791 722,102 20.91 51.58
4 B Political Affairs 6.66% 138,408 860,510 9.89 61.47
5 B Marketing & Communications 7.29% 151,489 1,011,999 10.82 72.29
6 B Association Governance 11.47% 238,146 1,250,145 17.01 89.30
7 B Legal Affairs 7.89% 163,916 1,414,061 11.71 101.00
8 B Membership Records Maintenance 6.38% 132,559 1,546,620 9.47 110.47
9 M Education 2.59% 53,848 1,600,468 3.85 114.32
10 M My REALTOR® Party 3.06% 63,590 1,664,058 4.54 118.86
11 M Leadership Development 4.08% 84,677 1,748,735 6.05 124.91
12 M Board/Association Services 2.17% 44,964 1,793,699 3.21 128.12
13 M Convention 0.76% 15,870 1,809,569 1.13 129.25
14 M NAR Political Support 0.92% 19,025 1,828,594 1.36 130.61
15 M HOME Foundation 2.47% 51,323 1,879,917 3.67 134.28
16 M NAR Director Support 2.38% 49,425 1,929,342 3.53 137.81
17 M NAR Liason 4.46% 92,721 2,022,063 6.62 144.43
18 S Replacement Fund 0.85% 17,604 2,039,667 1.26 145.69
19 M Research & Service Center 1.23% 25,470 2,065,137 1.82 147.51
20 M Commercial Division 0.56% 11,721 2,076,858 0.84 148.35
100% $2,076,858 148.35$
Dues 185.00$ Per Member
REV 2,590,000$ 14,000
EXP 2,076,858
VAR 513,142
Issue Mobilization: 466,200
Excess Revenue: 46,942
PACKAGE
COST/NET
ACCUMULATIVE
PACKAGE COST
COST/
MEMBER
ACCUMULATIVE
COST/MEMBER*RANK TYPE PROGRAM PACKAGE
% of
BUDGET
* Program costs based on projected membership of 14,000 REALTORS® and Affiliates) at $185 per member for a total of $2,590,000 funds available. Net projected Income over Expense is $466,142. To be used for Issue Mobilization.
2015 OAR Budget Page 3 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
LEGISLATIVE ADVOCACY basic
maintenance
supplemental
Meets Strategic Plan Goals: Advocacy
Related Committee(s): Government Affairs Key Committee
Program Package Objective(s):
Promote legislation and regulatory actions that protect and support the real estate industry and private property rights, pursuant to the approved Legislative Policies of the Oregon Association of REALTORS®.
Package Description:
Legislative/Regulatory Advocacy: Working with contract lobbyist, take appropriate advocacy action (i.e., initiate, support or oppose) on legislation and regulatory proposals introduced at the state level which impact the real estate industry and private property rights; participate in state agency and legislative committee meetings as appropriate. Develop and fund strategic alliances with organizations to assist the Oregon Association of REALTORS® in meeting strategic and legislative goals on REALTOR® issues.
Legislative/Regulatory Communications: Inform members through the Quorum Call, state and national calls to action, mailings or direct contact of any pending or approved legislative or regulatory action that would impact the real estate industry and coordinate member participation in legislative or regulatory advocacy. Publish end-of-session electronic report to each member outlining legislative accomplishments on behalf of the Association.
Government Affairs Director Conference: Plan and conduct a conference for local and shared Government Affairs Directors to educate and share information, issues and ideas confronting local Boards/Associations, the Oregon Association of REALTORS®, and the National Association of REALTORS®.
Professional Conferences & Training: Funding for designated staff to attend the Government Affairs Director (GAD) Institute, NAR Business Meetings, RPAC Fundraising Conference, and NAR Federal Policy Conference as well as national and/or local industry related programs. In addition, funding for staff to attend local and/or state meetings and visit local boards/associations to share legislative updates. Attendance and sponsorship for elected leadership conferences.
Land Use and Water Policy Advocacy: Working with contract lobbyist, take appropriate advocacy action (i.e.,
initiate, support or oppose) on legislation and regulatory proposals introduced at the state level which impact
land use and/or water policy; participate in or monitor state agency committee and interim legislative
committee meetings as appropriate; participate in REALTOR® mobilization efforts; develop strategic
alliances with organizations to assist Oregon Association of REALTORS® in meeting strategic and
legislative goals. Legislative Relationships Development: Provide opportunities for coordination and interaction with
legislators, REALTOR constituents and local Government Affairs Directors. Work with contract lobbyist to enhance on-going interaction with legislative and regulatory members to build REALTOR® presence.
Legislative Tracking System: Funding of tracking system to monitor legislative proposals.
Total Projected Income: $0
Total Projected Expense: $265,632
(Staff Allocation included in expense: $129,112)
Net Projected Expense: $265,362
Allocated 12.49% of budget
2014 Budget
$ 209,720
2015 OAR Budget Page 4 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
LEGISLATIVE ADVOCACY (Basic)
Legislative
GAD
Land Use/
Legislative
Program Packages:
Advocacy
Conference
Water
Report
Income:
Expenses:
Catering
1,000
Communications
2,000
Design/Development
2,000
Dues & Commitments 2,500
1,000
Postage
Printing
1,000
Prof/Contract Services1 102,000
Staff Expenses
5,000
Travel Expenses2
10,000
5,000
Subscriptions
2,000
Office Supplies
500
100
Meeting Materials
500
150
Credit Card Fees
Equipment Rental
Instructor/Speaker
500
Meeting Room Rental
1,000
$124,500
$2,500
$6,250
$3,000
Total Expenses: $136,250
Staff Allocation: $129,112
Grand Total Expenses:
$265,362
Total Income:
$ -
Net Expense:
$265,362
Notes: (1) Chief lobbyist professional service
(2) 2015 Session GAKC Meetings; Travel to local boards/associations; NAR GAD Institute, NAR business
meetings, RPAC and RPIC training.
2015 OAR Budget Page 5 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
REALTOR POLITICAL
ACTION COMMITTEE (RPAC)
basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy
Related Committee(s): ORPAC Trustees
Program Package Objective(s):
Promote a culture of advocacy by strengthening participation in RPAC to maintain a strong and appropriately
funded political action committee that supports our Association’s legislative priorities.
Package Description:
Fundraising Partnership Program: Develop and implement a comprehensive fundraising plan (including state
and local events) in coordination with leadership and local associations to maximize political resources and to
create a culture of investment that enhances existing major donor programs and participation in RPAC.
General Awareness: Develop brochures, contribution cards/envelopes, member emails and videos that
highlight legislative successes from the 2015 Legislative Session and the value of RPAC to strengthen the
RPAC culture throughout all levels of membership.
Contribution and Expenditure Reporting: Maintain compliance by reporting all contributions and
expenditures with the Oregon Secretary of State. Provide resources to assist local Boards/Associations with
fundraising solicitation and reporting legal requirements at the local, state and national level.
Recognition Program: Plan and sponsor a statewide events for major donors and implement a program to
strengthen recognition of all donors of $100 or greater.
Direct Contact Plan: Develop and implement a coordinated fundraising plan that includes direct mail, phone
calls, and emails to reach every member directly, explaining the value of their investment in RPAC.
ORPAC Trustee Travel: Travel expenses for ORPAC Trustee member attendance at meetings; ORPAC Chair
attendance Region 12 RPAC conference.
Total Projected Income: $0
Total Projected Expense: $163,949
(Staff Allocation included in expense: $115,599)
Net Projected Expense: $163,949
Allocated 7.72% of budget
2014 Budget
$ 185,729
2015 OAR Budget Page 6 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
REALTORS® PAC (Basic)
General Coordinated
Recognition
Program Packages:
RPAC Campaigns Program
Income:
Expenses:
Awards1
500
Catering2
500 2,500
2,000
Communications
1,000
Design & Development3
2,000 2,500
Meeting Room Rental
1,000
500
Printing/Postage3
12,500 6,500
350
Production/Entertainment4 5,000
Professional Services5
5,000
Speaker6
500
500
Supplies & Materials
500
-
Travel7
5,000
$31,500 $13,000
$3,850
Total Expenses: $48,350
Staff Allocation: $115,599
Grand Total Expenses: $163,949
Total Income:
$ -
Net Expenses
$163,949
Notes:
(1) RPAC Recognition Awards
(2) American Dream/RPAC Recognition Event; Five Regional Fundraising Events
(3) RPAC Direct Mail (2015 Legislative Successes; Contribution Cards; Dues Billing Inserts;
Regional Event Fundraising Invites)
(4) Professional RPAC Video Production
(5) RPAC Phone Campaign
(6) Speakers for Regional Fundraisers
(7) Travel to Candidate Interviews; Regional Fundraising Travel; Staff and Trustee Travel
2015 OAR Budget Page 7 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
ADMINISTRATIVE SERVICES basic
maintenance
supplemental
Meets all Strategic Plan goals.
Related Committee(s): None
Program Package Objective(s):
Provide administrative and support services necessary to comply with the Association's Core Purpose and
Core Values, to accomplish its Strategic Goals, and to support its Objectives. Provide an all-inclusive lease
with Oregon REALTORS® Plaza, LLC.
Package Description:
Includes all activities pertaining to: computer services; financial management; personnel management and
relations; general administrative support, including communications; office management and reception.
Includes all operations and maintenance for the Association building, including: lease payments, taxes,
insurance, landscaping, utilities, janitorial and repairs/maintenance.
Administrative Services represent those expenses necessary to operate the Association that
cannot be directly charged, in whole or in part, to specific programs.
Total Projected Income: $73,000
Total Projected Expense: $365,791
(Staff Allocation included in expense: $142,947)
Net Projected Expense: $292,791
Allocated 13.79% of budget
2014 Budget
$ 287,512
2015 OAR Budget Page 8 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
ADMINISTRATIVE SERVICES (Basic)
Administrative
Program Package:
Services Income:
Interest1
44,000
Program Royalties
10,000
Miscellaneous2
4,000
Sponsorships(unallocated)
15,000
Total Income: $73,000
Expenses:
Advertising Expenses
200
Awards/Gifts
1,200
Insurance
3,500
Communications3
17,710
Computer Services
2,000
Software Services4
7,450
Building Rent
88,284
Charitable Contributions
500
Credit Card Expenses
5,000
Dues and Commitments
1,400
Equipment Rental
2,400
Equipment Repair
200
Lease5
25,000
Postage
2,900
Printing6
6,000
Prof/Contract Services7
35,000
Registration Fees
800
Travel Expense – OAR Staff
2,000
Staff Professional Development
5,000
Staff/Member Relations
4,000
Subscriptions & References
3,500
Office Supplies8
6,500
Filing Fees9
300
Miscellaneous10
2,000
$222,844
Total Expenses: $222,844 Staff Allocation: $142,947
Grand Total Expenses: $365,791
Total Income: $73,000
Net Expense: $292,791
Notes: (1) Interest/Dividend and Royalty Income
(2) Reinstatement fees, endorsement fees, etc.
(3) Telephone system, conference calls, and cell phones
(4) Carbonite Backup, Adobe, GoDaddy, and Consulting Fees
(5) Lease on two copiers
(6) Outsourced and in-house printing costs
(7) Accounting and human resources consult fees (8) Paper and office supplies
(9) State required filing fees
(10) Unanticipated, misc. expenses
2015 OAR Budget Page 9 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
Oregon Realtors Plaza LLC
Program Package:
REALTOR Plaza, LLC
Budget
Budget
2014
2015
Income:
Office Rent1
$316,912
$335,943.36
Expenses:
Bank Service Charge
144
144
Filing Fees
200
200
Insurance
3648
3700
Mortgage Interest
188000
155000
Licensing and Permits
100
100
Building Maintenance2
10325
18325
Building Repairs
6000
6000
Security Services
360
360
Supplies
1500
1500
Property Taxes
52167
55000
Personal Property Taxes
2175
3000
Utilities
27823
29492.38
Total Expenses: $ 292,442
$272,821.38
Staff Allocation:
3 $ -
$ -
Grand Total Expenses:
$272,821
Total Income:
$335,943
Net Income:
$63,122
Depreciation Expense:
$126,000
Net (after Depreciation)
$(62,878)
Notes: (1) Rental Income is based on OAR ($88,284) PACIFIC OBYGN ($25,806) SSA ($87,765.36) Training Room
($10,000) RE/MAX ($101,088) and Aflac ($33,000)
(2) Building Maintenance includes: Parking lot sweeping, Salem Fire monitoring, Janitorial and Landscaping.
(3) Staff Allocation for the Plaza is found in Administrative Services program area.
2015 OAR Budget Page 10 of 45
This page intentionally left blank
2015 OAR Budget Page 11 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
POLITICAL AFFAIRS basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy
Related Committee(s): Political Affairs Key Committee
Program Package Objective(s):
Educate REALTORS® and involve them in the political process at the local, state, and federal level of government; Mobilize members to advocate in support of legislative goals and priorities at all levels of government.
Package Description:
REALTOR® Mobilization: Develop and maintain targeted lists of REALTOR® volunteers within local associations to strengthen advocacy at the state and local level, communicate the effect of pending legislation or regulations on the real estate industry, and to facilitate participation in calls to action through the Broker Involvement Program; assist members in identifying their legislative districts and educate them regarding how to contact and effectively communicate with their elected officials;.
Communications & Education: Educate members about the political process, including campaign participation, grassroots lobbying and legislative successes at all levels of government to illustrate the significance of RPAC investments and enhance participation in the political process.
Local Government Affairs Outreach: Develop and implement an outreach and educational program for local Government Affairs Directors and REALTORS® leading advocacy efforts for the purpose of identifying and managing local public policy issues (in coordination with OAR and NAR) that impact the real estate industry and REALTOR® members in a manner that improves the short and long-term potential for legislative success. Funding for designated staff to attend the Government Affairs Directors (GAD) Institute, industry related programs and conferences, and local Board/Associations visits.
Shared Government Affairs Director Program/Core Standards Advocacy: Provide resources and assist local
Boards/Associations in implementation and enhancement of local political programs and committees to fulfill
their local advocacy needs including fundraising, independent expenditures, REALTOR® mobilization, and
research on local policy, and to ensure they comply with NAR Core Standards on Advocacy.
Federal Political Coordinators and Oregon Legislative Key Constituents: Maintain a list of key contacts for
each member of Oregon’s Congressional Delegation and Oregon Legislature to be used to educate elected
officials of the effect of pending federal legislation and regulation on the real estate industry. Assist
REALTORS® in identifying their Congressional and Legislative districts and educate them regarding how to
contact and effectively lobby their elected officials on federal and state legislative priorities. REALTOR® Day at the Capitol: Plan and implement REALTOR® Day at the Capitol during the 2015
Legislative Session.
Total Projected Income: $0
Total Projected Expense: $138,408
(Staff Allocation included in expense: $64,408)
Net Projected Expense: $138,408
Allocated 6.52% of budget
2014 Budget
$ 97,670
2015 OAR Budget Page 12 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
POLITICAL AFFAIRS (Basic)
Grassroots Shared REALTOR
®
Program Packages:
Advocacy GAD Day
Expenses:
Communications1
2,500
2,000
Catering
22,000
Design/Development2 2,000
Meeting Room Rental
5,000
Office Supplies
1,000
Professional Consulting3
20,000
Printing
1,000
6,000
Travel Expenses4
5,000 5,000 2,500
$11,500 $25,000 $37,500
Total Expenses: $74,000
Staff Allocation: $64,408
Grand Total Expenses: $ 138,408
Total Income: $ -
Net Expense: $ 138,408
Notes:
(1) Political Affairs Key Committee & Key Constituent Quarterly Calls/Updates
(2) Electronic Graphics & Tools for Local Associations/Brokerages
(3) Local Policy Issues
(4) PAKC Meetings; Travel to local boards/associations; NAR GAD Institute, NAR Business Meetings, RPAC
and RPIC Training.
2015 OAR Budget Page 13 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
MARKETING &
COMMUNICATIONS
basic
maintenance
supplemental
Meets Strategic Plan goals: Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): All
Program Package Objective(s):
To identify, communicate and market the OAR value proposition in order to strengthen member relations by
raising awareness and informing of Association programs and services which provide information relevant to
Oregon’s real estate business, particularly advocacy, risk management, and business tools.
To make decisions based on accurate, timely and relevant data about the membership and their needs and the
external environment affecting our industry and communities in order to better target programs and services
and our value proposition.
Package Description:
Data Collection:
o Implement a research project to collect more meaningful data on OAR members and other real estate
licensees.
o Explore and develop an implementation schedule for a CRM system to layer on top of our member
database program in order to better utilize the data collected for more targeted marketing of our value
proposition.
Value Proposition: Identify, communicate and market the OAR value proposition by utilizing member research in
order to continue communications of the value of OAR programs and services to members via the best
combination of targeted communication vehicles. Coordinate with local associations/boards, Principal Brokers
and Multiple Listing Services to provide them with information they can use and disseminate to their
members/brokers through their own channels and thereby strengthen the three-way agreement.
General Communications: Deploy a communications strategy that supports the data research and value
proposition marketing efforts in order to increase member awareness and engagement across all media
platforms (web, email, social media, video, print, etc.) with a balance of “sharing” and “selling” messages.
Media: Continue to build a comprehensive media program to provide positive local and statewide press
coverage which positions the Oregon Association of REALTORS® as the voice for real estate in the state and
promotes the value and enhances the image of REALTORS® in their communities.
Total Projected Income: $0
Total Projected Expense: $151,489
(Staff Allocation included in expense: $88,064)
Net Projected Expense: $151,489
Allocated 7.13% of budget
2014 Budget
$ 114,009
2015 OAR Budget Page 14 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
MARKETING & COMMUNICATIONS (BASIC)
Marketing &
Program Package:
Communications
Expenses:
Web Maintenance1
20,000
Dues & Commitments2
375
Membership Survey3
1,500
Professional/Contract Services4
8,000
Software Services5
15,000
Printing6
5,000
Travel Expenses- OAR Staff 7
8,000
Staff Professional Development8
400
Supplies & Materials
150
Design / Development9
5,000
$63,425
Total Expenses:
$63,425
Staff Allocation:
$88,064
Grand Total Expense: $151,489
Total Income: $ -
Net Expense: $151,489
Notes:
(1) New to this program: web hosting, monthly web support, domain services, web upgrades, RAMCO web
integration
(2) PRSA membership for 1 staff
(3) Member market research (focus groups, electronic survey)
(4) Value proposition development
(5) New to this program: CRM system implementation ($5K set-up + monthly fee)
(6) Value proposition collateral (e.g. - member benefits brochure)
(7) AE Institute, Mid-Year Meetings, NAR Convention for 1 staff
(8) New to this program: PRSA meetings & annual conference for 2 staff.
(9) Graphic design, stock imagery
2015 OAR Budget Page 15 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
ASSOCIATION GOVERNANCE basic
maintenance
supplemental
Meets all Strategic Plan goals.
Related Committee(s): Executive Committee, Board of Directors
Program Package Objective(s):
To provide resources and support for the effective governance of the Association and for ongoing
communication with its members.
Package Description:
Board of Directors Meetings: Two Board of Directors meetings held in the spring and fall.
Executive Committee: Meetings of the Executive Committee and related expenses (on-site meetings and
calls/webinars).
Officer/Staff Travel and Visitations: Officer, District V.P. and staff travel expenses for leaders and staff to
meet with the leadership and members of Local Boards/Associations and to attend Local Board/Association
functions.
Discretionary Funds: Funds available for use at the discretion of the President to accommodate new
programs, additional meetings and other activities and expenses not provided for in the budget.
Meeting Expenses: Travel expenses for the President and President-elect to attend Oregon Association
events; expenses for Executive Committee meetings and annual retreat, strategic planning meetings,
receptions, awards luncheons (2); and Installation activities.
Committee Participation: Travel expenses for Key & Standing Committee members to attend meetings, unless
the member will be compensated by their Board/Association. Includes costs for meetings held by conference
call or video conferencing.
Total Projected Income: $80,000
Total Projected Expense: $318,146
(Staff Allocation included in expense: $158,546)
Net Projected Expense: $238,146
Allocated 11.21% of budget
2014 Budget
$ 277,436
2015 OAR Budget Page 16 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
ASSOCIATION GOVERNANCE (Basic)
Executive &
BOD Exec. Comm. Strategic Discretionary Region 12
Program Packages: Meetings Mtgs/Travel Planning Funds Support
Income:
Registration10
80,000
Expenses:
Awards & Gifts 500 1,000
Catering1
20,000 7,000 600
Communication2 700 700
Discretionary Fund3
10,000
Equipment Rental 5,000
Instructor/Speaker Fees
3,000
Key Committee Travel 18,000
Meeting Room Rental4 7,500
Postage/Delivery 500 200
Printing
200
Product/Entertainment5 3,500
Prof/Contract Services6 1,000
Region 12 Support7
14,000
Meeting Materials 700 1,000 500
Travel Expenses -Staff 8
25,000
DVP Travel Expenses
10,000
Travel Expenses
Exec. Committee9 1,000 25,000 3,000
$58,600 $69,900 $7,100 $10,000 $14,000
Total Expenses: $159,600
Staff Allocation: $158,546
Grand Total Expenses: $ 318,146
Total Income: $ 80,000
Net Expense: $ 238,146
Notes: (1) Includes breaks , network receptions and lunches for Board of Directors meetings and Executive
Committee breaks, lunches and dinner, and various food and drinks for Spring/Fall Governance.
(2) Informational teleconference prior to each Board of Directors meeting as well as conference calls for Executive
Committee.
(3) To be used at the discretion of the President to fund programs, activities, task force meetings or other related work groups
and other expenses not covered elsewhere in the budget.
(4) Meeting room rental for committee meetings and Board of Directors meetings at Spring and Fall Governance meetings.
(5) Entertainment @ networking reception & Installation Banquet.
(6) Parliamentarian
(7) Region 12 fee - $1 per member
(8) Travel Expenses for staff related to Spring/Fall Governance meetings and attendance at meetings of member
Boards/Associations.
(9) Expenses for President, President-elect and one guest to attend OAR events and Spring/Fall Governance meetings.
Travel expenses for officers, District VPs to attend meetings of member Boards/Assoc. and for Executive Committee travel
expenses.
(10) Anticipated Registration Fees for Spring/Fall Governance
2015 OAR Budget Page 17 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
LEGAL AFFAIRS basic
maintenance
supplemental
Meets all Strategic Plan goals.
Related Committee(s): Business Issues; Legal Action; Professional Standards
Program Package Objective(s):
To provide members with information and other resources that will allow them to conduct their business in accordance with the law, enhance their knowledge and competence and to better serve their clients and customers. To provide competent corporate counsel to support the Association, its Business Issues Committee, Legal Action Committee, Professional Standards Committee and other committees as needed. To provide competent counsel to enhance all legal advocacy programs by bringing suit and/or filing supportive briefs in legal cases impacting the real estate industry and/or private property rights and thereby enhancing the Association’s standing in the legal and legislative communities.
Package Description:
Legal Hotline: An information service that allows members to have direct access (via telephone and e-mail) to a qualified attorney for information on real estate law and related matters on a fee basis. Articles and summaries of the most complex and/or most-often-posed questions in the e-news publication to inform and update members on legal issues affecting real estate.
Legal Support Services: Provide legal support services for the Business Issues, Government Affairs, Legal Action, Professional Standards and other committees as needed. Provide counsel to the Association. Provide counsel to member Boards/Associations on a fee basis, either as an individual board service or through a board management agreement.
Legal Advocacy Program: To review and analyze legislation and pending potential legal action for the purpose of protecting or advancing the real estate industry, private property rights and/or land use/water policy issues impacting the real estate industry or private property rights, by contracting when necessary with outside counsel for discovery and trial phases of selected strategic lawsuits and participating in others' suits as amicus curiae.
Professional Standards: Provide a Professional Standards Academy as training for Member Boards/Associations Grievance and Professional Standards Committees. Provide administrative services for Member Board/Association Professional Standards administration on a fee basis, either as an individual board service or through a board management agreement.
Fair Housing and Equal Opportunity: Provide information and resource materials to Member Boards/Associations; support fair housing programs and/or conferences in Oregon.
Staff Travel: Expenses for designated legal staff to attend each of the two NAR meetings including NAR’s legal symposium and Professional Standards training; legal staff to attend national continuing legal education seminars as needed, ASAE Association legal symposium or ASAE annual conference, and annual CMLS conference.
Standardized Forms: Participation in Oregon Real Estate Forms, LLC.
Practice Tools: Develop, market and distribute practical aids to assist the members in conducting their
business in accordance with the law and good policy standards. Includes legal, administrative and technical
support for the Risk Management Toolkit and other developed business tools created as a member benefit.
Total Projected Income: $38,250
Total Projected Expense: $202,166
(Staff Allocation included in expense: $98,366)
Net Projected Expense: $163,916
Allocated 7.72% of budget
2014 Budget
$ 150,841
2015 OAR Budget Page 18 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
LEGAL AFFAIRS (Basic)
Legal
Legal
Professional
Action Fund
Legal
Support
Standards
Dues
Program Packages:
Hotline
Services
Academy
Allocation
Income:
Registration Fee1
3,000
Subscription Fees2
31,250
Contract Services3
4000
$31,250
$4,000
$3,000
Total Income:
$38,250
Expenses:
Legal Action Fund4
42,000
Catering
2,500
Communications5
3,500
Copying
Insurance
Credit Card Fees
Dues & Commitments6
2,000
Meeting Room Rental
750
Equipment Rental
$250
Postage
50
Instructor Fees
1,750
Printing & Production7
500
Registrations8
2,000
Subscriptions & References9
1,500
Supplies & Materials
$100
300
100
Travel Expenses10
-
6,500
Pro/Contract Services11
40,000
$43,600
$12,350
$5,850
$42,000
Total Expenses: $103,800
Staff Allocation: $98,366
Grand Total Expenses:
$202,166
Total Income:
$38,250
Net Expense:
$163,916
Notes:
(1) 100 x $30 for P.S. Academy Registration.
(2) 250 Brokers at $125/year
(3) Retainer Fee (2 Boards x $150/month); professional standards and other contract services
(4) To replenish the Legal Action Fund, as required by the By-Laws. ($3.00 x 14,000)
(5) Phone line charges and attorney call backs (toll free number).
(6) Dues for professional organizations
(7) Cost to produce Professional Standards Academy flyers & registration forms.
(8) Registration fees for annual CLE requirements and professional development
(9) Legal subscriptions and reference materials,
(10) Cost to attend one national CLE and ASAE meetings.
(11) Cost of outside services to assist with legal services
2015 OAR Budget Page 19 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
MEMBERSHIP RECORDS
MAINTENANCE
basic
maintenance
supplemental
Meets all Strategic Plan goals.
Related Committee(s): None
Program Package Objective(s):
Provide accurate, up-to-date membership records to support the activities of NAR, OAR and Member
Boards/Associations.
Package Description:
Staff resources, computer services and supplies to maintain and update membership records for Member
Boards/Associations on a monthly basis and transmission of data to NAR. Includes monthly printouts to
Boards/Associations, new member welcome letters and kits, certificates, and printing/mailing of annual dues
billing statements, as well as funding for State Association message in the NAR new-member kits. Also
includes maintenance and training regarding the National REALTORS® Database System.
Includes travel expenses for IT Director to attend Annual LAMPS Users Group or other related training.
Total Projected Income: $0
Total Projected Expense: $132,559
(Staff Allocation included in expense: $50,859)
Net Projected Expense: $132,559
Allocated 6.24% of budget
2014 Budget
$ 126,022
2015 OAR Budget Page 20 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
MEMBERSHIP RECORDS MAINTENANCE (Basic)
Membership
Records &
Program Package:
Maintenance
Expenses:
Computer Services1
45,000
Credit Card Fees
35,000
Postage2
200
Travel3
1,500
$81,700
Total Expenses:
$81,700 Staff Allocation: $50,859
Grand Total Expenses: $132,559
Income: $ -
Net Expense: $132,559
Notes: (1) Computer software/hardware upgrades specific to membership records maintenance
(2) Mail monthly printouts, annual dues billing statements, new member kits and membership certificates
(3) Travel expenses for IT Director to attend annual User Group Conference in Phoenix, AZ. (airfare, hotel,
meals)
2015 OAR Budget Page 21 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
EDUCATION basic
maintenance
supplemental
Meets Strategic Plan goals: Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): Professional Development
Program Package Objective(s):
To develop, market, offer, and evaluate the meaningful, relevant continuing education and professional
development opportunities for all segments of the membership in the current market climate to increase the
knowledge base and professionalism of members while giving opportunities to work towards biennial
license renewal requirements.
Package Description:
Business Plan: Implement the business plan developed by the committee and task forces in FY 2014,
utilizing all communication mediums (live, online, webinar, etc.) to deliver education.
Webinars: Offer at least a monthly webinar on timely topics that are responsive to member needs. Archive
recordings on website for later viewing as a member benefit but without CE.
Live Courses:
o Provide a variety of live courses for professional development and/or continuing education credit,
coordinating offerings with Local Boards/Associations and partner organizations.
o Provide ethics training meeting NAR’s quadrennial requirement on a fee basis through live classes and
online.
o Offer the Agency Law & Rule Required Course in areas around Oregon and online.
o Use findings in the ORENJ to develop courses and case studies.
Online Courses:
o Partner with The CE Shop to offer a suite of online courses for continuing education credit which
complement other format offerings, especially for outlying areas.
o Research and purchase a Learning Management System in order to better capitalize on existing
course content and offer more online education to individuals who make take it on their own
schedule without outside proctoring.
Designation Courses: Offer designation courses (including GRI), when profitable, through NAR’s
societies, institutes and affiliates.
Total Projected Income: $88,000
Total Projected Expense: $141,848
(Staff Allocation included in expense: $70,148)
Net Projected Expense: $53,848
Allocated 2.54% of budget
2014 Budget
$ 140,591
2015 OAR Budget Page 22 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
EDUCATION (Maintenance)
Live Courses
NAR
Program Packages:
Online
(Non-Designation)
Designations
GRI
Webinars
Income:
Registrations1 - 4
6,500
4,000
22,000
30,500
Webinars
5
25,000
$6,500
$4,000
$22,000
$30,500
$25,000
Expenses:
Catering6
500
3,000
7,000
Communications7
1,200
Equipment Rental
350
900
3,500
Instructor Fee/Expenses
500
5,500
17,500
1,000
REBAC License Fee8
1,000
REBAC Student Royalty9
4,000
Meeting Room Rental
600
1,000
2,750
NAR Designation Fee
-
300
Postage
250
Software Services10
10,000
Printing11
300
1,200
2,000
Travel Expenses- OAR Staff12
1,000
1,000
2,000
Supplies & Materials13
150
Design/Development14
1,000 700 500 1,000
$10,000
$4,400
$18,300
$35,800
$3,200
Total Expenses: $ 71,700
Staff Allocation: $70,148
Grand Total Expenses:
$141,848
Total Income:
$88,000
Net Expense:
$53,848
Notes: (1) Online: CE Shop (1,500) & LMS (5,000)
(2) Live Non-designation Courses: LARRC, Code of Ethics, OREA partnership courses, misc., etc.
(3) NAR Designations: 85 at $259
(4) GRI: (35) C100 & (35) C200 at $299 (early bird), (30) C300 at $329 (early bird)
(5) Webinars: 100 locations at $19 per monthly webinar, rounded up for additional offerings
(6) Coffee breaks and mid-week function at each GRI; lunch & coffee at other courses as needed
(7) Webinar line fee ($99/month)
(8) Annual REBAC license renewal
(9) REBAC student royalty for NAR designation classes
(10) New to this program: Learning Management System (LMS) implementation for online education
(11) Student outline, support materials, GRI marketing materials, and seminar promotional materials
(12) Course travel for department. Professional Development Director travel to RAPDD and State Education Directors retreat.
(13) Badges, badge cases, ScanTron evaluation and exam sheets, transparencies, batteries, etc.
(14) Advertising materials (e.g. - flyers) development
2015 OAR Budget Page 23 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
MY REALTOR® PARTY basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy
Related Committee(s): My REALTOR® Party Committee
Program Package Objective(s):
To make REALTORS® the leading advocate to protect homeowners and the real estate industry and/or private property rights at the local, state and national level, and to engage the general public and potential coalition partners in those efforts.
Package Description:
My REALTOR® Party: Coordination of efforts with NAR and local Boards/Associations to ensure efforts at the state and local level are successful and take advantage of all available REALTOR Party resources. Coordinate with NAR and local Boards/Associations and coalition partners to implement successful independent expenditure programs for REALTOR® Party candidates at the local and state level. Create a candidate training program that educates and guides potential REALTOR® Party candidates through the campaign process.
Protect Oregon Homes: Dedicate necessary resources to build on the success of Measure 79 and educate REALTORS® and homeowners about the critical legislative issues that the Oregon Association of REALTORS® is advocating on behalf of the general public to strengthen and protect Oregon’s housing market.
Issues Mobilization Fund Support: Administrative support for Issues Mobilization Fund activities including making funding decisions for activities to encourage member and public support of, or opposition to, issues impacting homeowners, the real estate business, and/or private property rights that emerge; educate local leaders and Boards/Associations on the availability of national and state Issues Mobilization Funds and assist local Boards/Associations in establishing their own local funds.
Total Projected Income: $0
Total Projected Expense: $63,590
(Staff Allocation included in expense: $45,090)
Net Projected Expense: $63,590
Allocated 2.99% of budget
2014 Budget
$ 60,466
2015 OAR Budget Page 24 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
My REALTOR® Party (Maintenance)
Protect Oregon
REALTOR®
Program Packages:
Homes
Party
Expenses:
Catering1
1,000
Communications
500
Meeting Room Rental
500
Production/Consumer Outreach2 15,000
Instructor/Speaker
500
Supplies
1,000
$15,000
$3,500
Total Expenses: $18,500
Staff Allocation: $45,090
Grand Total Expenses: $63,590
Total Income:
$ -
Net Expense:
$63,590
Notes: (1) REALTOR® Party Campaign Training
(2) Website/Social Media Tools for Legislative Education
2015 OAR Budget Page 25 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
LEADERSHIP DEVELOPMENT basic
maintenance
supplemental
Meets All Strategic Plan goals.
Related Committee(s): All
Program Package Objective(s):
Identify, develop, orient, train and mentor leaders at all levels of the Association; provide support information
and resources to assist Member Boards/Associations. Increase diversity in participation and leadership by
identifying, recruiting and mentoring young and culturally diverse members.
Package Description:
Oregon Leadership Academy: Replace the Leadership Institute Northwest development program with an
interim program – the Oregon Leadership Academy – with the following goals:
o Identify emerging REALTOR® leaders and potential Association leadership;
o Empower those individuals to maximize their leadership potential;
o Encourage those individuals to participate in Association leadership roles;
o Involve graduates in the Association’s Key and Standing Committee leadership structure.
Volunteer Leadership Training: Schedule a Leadership Conference to update, orient and assist 2016 Member
Board/Association Presidents, Presidents-elect and Association Executives and give them needed resource
information and materials.
Young Professionals Network (YPN): Facilitate prospective membership in the Young Professionals
Network, identify and mentor young leaders through networking and educational opportunities for members
under 40.
Local Board/Association YPN Chapters: Assist local boards/associations to start local or regional chapters.
Collaborate with local boards/associations by holding joint YPN events.
REALTOR® Leadership Program: Partner with local associations/boards to offer NAR’s REALTOR®
Leadership Program.
Total Projected Income: $13,450
Total Projected Expense: $98,127
(Staff Allocation included in expense: $60,952)
Net Projected Expense: $84,677
Allocated 3.99% of budget
2014 Budget
$ 74,780
2015 OAR Budget Page 26 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
LEADERSHIP DEVELOPMENT (Maintenance)
Oregon
Leadership
REALTOR
BOD
YPN
Leadership
Program Packages: Conference
Lead Prog
Orientation
Chapter
Academy
Income:
Registrations1 4,000
1600
350
7000
Sponsorships 600
$4,600
$1,500
$350
$7,000
Total Income: $13,450
Expenses:
Awards/Gifts
250
Catering2
2,500
1,125
200
6900
Equipment Rent 500
500
Instructor/Speaker Fees 2,000
150
6000
License Fees3
1,800
Meeting Room Rental 800
300
1000
Postage
200
150
Printing
300
300
100
200
Supplies & Materials 200
500
Travel Exec. Comm.4 1,200
6000
Travel- OAR Staff
4000
$7,700
$3,525
$100
$350
$25,500
Total Expenses: $37,175
Staff Allocation: $60,952
Grand Total Expenses:
$ 98,127
Total Income:
$ 13,450
Net Expense:
$ 84,677
Notes: (1) Three RLP classes - 80 participants @ $20, 10 NWLI students @ $700
(2) Reception, continental breakfasts and lunches for Leadership Conference participants; lunch for RLP
(3) NAR fee for RLP classes
(4) Travel expenses for 2015 President to participate in Leadership Conference; travel expenses for instructors/speakers
2015 OAR Budget Page 27 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
BOARD/ASSOCIATION
SERVICES
basic
maintenance
supplemental
Meets Strategic Plan goals: Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): Professional Development, Business Issues, Governmental Affairs
Program Package Objective(s):
To advise and assist Member Boards/Associations regarding professional standards policies and issues; to
assist with their governing documents, general administration, leadership development, professional
development, membership recruitment and retention; to provide direct communications between the Oregon
REALTORS® and its Member Boards/Associations; to conduct ongoing compliance review of all Member
Boards/Associations; and to implement and nurture an RPAC investment culture; to provide Board
Management Administration services as a fee for service to be negotiated directly with the local board
requesting the service.
Package Description:
Staff Consultation: Staff assistance, liaison and communication to Member Boards/Associations in general
areas of Board/Association governance and administration and Oregon and/NAR programs, policies and
procedures; includes ongoing compliance review of all Member Boards/Associations. Assist local boards with
compliance requirements as mandated by NAR Organizational Standards.
Board Management Services: Contractual agreement with local boards to provide board management
services to assist with all administrative functions required by NAR mandates as well as general board
maintenance. Services include but are not limited to dues collection, member communications, maintenance
of governing documents, Code of Ethics enforcement and new member orientation
Local Board Training: Sponsorship of a 1½ day training and development program for all Member Board
Association AEs. Topics may include NAR updates and requirements, working with governing boards,
technology, human resources and leadership training. Will provide support information and resources to AEs
regarding available Oregon Association services. Provides funding for designated OAR staff to attend local
board trainings, membership meetings, and special events.
Board/Association Seminars: Provides subsidy for Local Board/Association education provided for
Association staff or designee.
Total Projected Income: $115,400
Total Projected Expense: $160,364
(Staff Allocation included in expense: $120,864)
Net Projected Expense: $44,964
Allocated 2.12% of budget
2014 Budget
$ 111,985
2015 OAR Budget Page 28 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
BOARD/ASSOCIATION SERVICES (Maintenance)
District Local Assns. Core
Town Presentations Standards AE Multi Board
Program Packages:
Halls and Training Implementation Institute Management
Income
Income4
3,500 95,000
16,900
$3,500 $95,000 $16,900
Expenses:
Catering
2,000 2,000 3,000
Instructor/Speaker Fees
Travel1
1,000
Meeting Room Rental
3,000 1,500 3,500
Equipment Rent
1,000
1,000
Production/Entertainment2
2,000 1,500
Travel- OAR Staff 3
1,500 10,000 4,000 1,000 1,500
$7,500 $14,500 $13,500 $2,500 $1,500
Total Expenses:
$39,500
Staff Allocation:
$120,864
Grand Total Expenses: $160,364
Total Income: $115,400
Net Expense: $44,964
Notes: (1) Hotel & transportation for speakers.
(2) Dinner @ AE Institute for all local AEs attending; meals with local AE's and staff
(3) In State travel expenses for local Board/Association presentations; travel expenses for designated OAR staff
members to conduct Local Board Training; staff liaison program, fulfillment of multi-board management agreements
and core standards implementation.
(4) 10 presentations @ $150; fees for Board Management Services (Klamath, Malheur, and Springfield); 100 registrants
x $20 for training/presentations; 10 strategic planning facilitations @ $2,500 per local board; $5 per member core
standard implementation fee ($5 x 14,000)
2015 OAR Budget Page 29 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
CONVENTION
basic
maintenance
supplemental
Meets Strategic Plan goals: Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): All
Program Package Objective(s):
Provide multi-track education offerings including Oregon-specific programs
Provide sufficient space for a Trade Show/Exhibit Hall
Continue to attract new participants to a unique convention-oriented venue
Provide a concentrated format for education and networking programs
Package Description:
An annual Fall Convention addressing current topics and issues important to the real estate industry. The
Convention will offer two days of education programming, networking opportunities and a Trade Show and
will involve national and regional speakers and entertainment.
Total Projected Income: $96,768
Total Projected Expense: $112,638
(Staff Allocation included in expense: $)
Net Projected Expense: $15,870
Allocated .75% of budget
2014 Budget
$ N/A
2015 OAR Budget Page 30 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
CONVENTION (Maintenance)
Income:
Convention
Sponsorships
30,000
Registrations1
44,700
Trade Show Registrations2
13,500
Golf Tournament
8,568
$96,768
Expenses:
Venue3
65,000
Speaker Fees4
20,000
Staff Travel5
8,000
Entertainment
2,000
Printing/Production
3,000
Equipment Rental
7,000
Exhibitor Booth Set Up
1,950
Golf Tournament6
5,688
$112,638
Total Expenses: $112,638
Staff Allocation:
Grand Total Expenses: $112,638
Total Income:
$96,768
Net Expense:
$15,870
Notes:
(1) 300 x $149 for Convention Registration
(2) 30 Exhibitors x $450
(3) Includes meeting room rental, anticipated room nights, food and beverage
(4) Includes instructor fees, lodging, and transportation for speakers
(5) Lodging, transportation and meals for designated OAR staff
(6) 72 Golfers x $79
2015 OAR Budget Page 31 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
NAR POLITICAL SUPPORT basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy
Related Committee(s): Government Affairs Key Committee, Political Affairs Key Committee
Program Package Objective(s):
To ensure that Federal Political Coordinators (FPCs) are informed about and involved in the political process
at all levels of government. FPCs will share information obtained through such involvement with Oregon’s
Congressional Delegation and represent the Oregon Association of REALTORS® at the Mid-Year
Meeting/Legislative Conference and Congressional Hill Visits in Washington D.C.
Package Description:
NAR Mid-Year Meeting: Travel expenses for the FPCs (7) to attend the Mid-Year Meeting/Legislative
Conference in Washington D.C.
Total Projected Income: $7,000
Total Projected Expense: $26,025
(Staff Allocation included in expense: $11,025)
Net Projected Expense: $19,025
Allocated .90% of budget
2014 Budget
$ 16,408
2015 OAR Budget Page 32 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
NAR POLITICAL (Maintenance)
NAR
Program Package:
Political Support
Income:
NAR Stipend1
$7,000
Expenses:
Travel Expenses2
15,000
$15,000
Total Expenses:
$15,000
Staff Allocation:
$11,025
Grand Total Expenses: $26,025
Total Income: $7,000
Net Expense: $19,025
NOTES:
(1) NAR stipend of $1000 reimbursed to OAR per FPC for attendance at Mid-Year meetings.
(2) 7 Congressional and Senate FPCs paid up to $3000 expense reimbursement, including
airfare to Washington DC. (2 NAR Directors also serve as FPCs).
2015 OAR Budget Page 33 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
HOME FOUNDATION basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy & Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): HOME Foundation Board of Directors
Program Package Objective(s):
To provide financial resources to 501 (c)(3) groups or organizations located in Oregon that directly or
indirectly create, expand, or encourage home ownership opportunities for Oregonians at or below local
median income.
Package Description:
Dues Allocation: Allocate $1.50 per member from 2014 Association dues to the HOME Foundation for
distribution to grant applicants and/or supplement the HOME Sweet HOME program. Allocation of funds to
be determined by the HOME Foundation Board of Directors.
Fundraising: Basic administrative support for A Taste of Portland, Rogue Valley Wine & Food Classic,
Driving it HOME Golf Tournament and any other fundraising event held to support the HOME Foundation
both at the state and local level.
HOME Sweet Home Program: Continue partnership with Oregon Bankers Association to sustain down-
payment assistance grant program for first time homebuyers. The continuation of this program is dependent of
the availability and receipt of grant funds, independent of the dues allocation.
Total Projected Income: $3,000
Total Projected Expense: $54,323
(Staff Allocation included in expense: $30,523)
Net Projected Expense: $51,323
Allocated 2.42% of budget
2014 Budget
$ 58,584
2015 OAR Budget Page 34 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
HOME FOUNDATION (Maintenance)
Dues
Fund
Program Package:
Allocation
Raising
Income:
Sponsors1
3,000
Expenses:
Charitable Contribution2
21,000
Postage/Delivery
-
200
Printing/Production3
-
1,500
Travel Expenses4
1,000
Office Supplies
-
100
$21,000
$2,800
Total Expenses: $23,800
Staff Allocation $30,523
Grand Total Expenses: $54,323
Total Income:
$3,000
Net Expense:
$51,323
Notes: (1) 10% of funds raised retained for administrative costs. In 2014, the Home Foundation was able
provide over $125,000 in grants to 501(c) (3) organizations throughout the state, and should be able
to surpass that amount when awards are given in December. The 2014 Driving It HOME golf
tournament raised an estimate of $50,000. The 2015 tourney is scheduled for the 3rd
week of July in
2015. The 2015 Taste of Portland is scheduled for September of 2015.
(2) Dues allocation based on 14,000 members @ $2.00
(3) Event Flyers and other marketing material
(4) Travel expenses for designated OAR staff to assist at fundraising events and planning committee
meetings.
2015 OAR Budget Page 35 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
NAR DIRECTOR SUPPORT basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy & Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): All
Program Package Objective(s):
To remain current on issues and policies of NAR; to provide input to and distribute information from other
segments of the REALTOR® Organization; to develop leadership and to maintain a good working
relationship with NAR and other states within our Region.
Package Description:
Travel expenses for OAR National Directors (4), Large Board National Directors (3), Past NAR Treasurer (1)
and Large Firm National Director (1) to attend two NAR meetings and the Region 12 annual meeting.
Total Projected Income: $0
Total Projected Expense: $49,425
(Staff Allocation included in expense: $9,825)
Net Projected Expense: $49,425
Allocated 2.33% of budget
2014 Budget
$ 49,582
2015 OAR Budget Page 36 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
NAR DIRECTOR SUPPORT (Maintenance)
Midyear
Region
Program Packages:
Meeting
Convention
12
Expenses:
Travel Expenses1
18,000
18,000
3,600
$18,000
$18,000
$3,600
Total Expenses: $39,600
Staff Allocation: $9,825
Grand Total Expenses: $ 49,425
Total Income: $ -
Net Expense: $ 49,425
Notes: (1) 3 OAR Directors, 2 PMAR Directors and 1 large firm Director Travel to Washington DC @
$3000 (inclusive of airfare) each per NAR Board meeting (Washington DC and San Diego). Region
12 Conference - Director Expenses to Coeur d’Alene for 6 Directors @ $600
2015 OAR Budget Page 37 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
NAR LIAISON basic
maintenance
supplemental
Meets All Strategic Plan goals.
Related Committee(s): All
Program Package Objective(s):
To keep updated and informed regarding current issues and policies of and affecting NAR; to provide input to
and distribute information from other segments of the REALTOR® organization; to develop leadership and
maintain a good working relationship with NAR and the other states within Region 12.
Package Description:
Officer Travel: Expenses for the President and President-elect to attend each of the two NAR meetings
including attendance at the NAR Installation Banquet; Region 12 meetings and expenses for the President-
elect to attend the NAR Leadership Summit.
Staff Travel: Expenses for the Chief Executive Officer and assigned staff to attend each of the two NAR
meetings, including the NAR Installation Banquet; expenses for the Chief Executive Officer and assigned
staff to attend the Region 12 meetings, and the NAR Association Executives Institute; expenses for the Chief
Executive Officer to attend the State Association Executives meeting and the NAR Leadership Summit.
REALTOR® of the Year: Travel expenses for the 2014 ROTY to attend the 2014 NAR Convention.
Oregon Night Out: Hold an Oregon Night Out for social and networking opportunities during either NAR’s
Mid-Year Meetings or Annual Convention.
Total Projected Income: $3,000
Total Projected Expense: $95,721
(Staff Allocation included in expense: $44,521)
Net Projected Expense: $92,721
Allocated 4.37% of budget
2014 Budget
$ 82,394
2015 OAR Budget Page 38 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
NAR LIAISON (Maintenance)
Officer
ROTY Mediation
Oregon
Staff
Program Packages:
Travel
Travel Program
Night Out
Travel
Income:
Sponsorships:
3,000
$3,000
Expenses:
Travel- Officers1
16,000
3,000
Travel Expenses- Staff 2
20,000
Registration & Fees
2,000
2,000
Production/Entertainment 3 2,200
6,000
$20,200
$3,000
$6,000
$22,000
Total Expenses: $51,200
Staff Allocation: $44,521
Grand Total Expenses:
$95,721
Total Income:
$3,000
Net Expense:
$92,721
Notes: (1) Travel expenses to NAR Mid-Year and annual Convention in San Diego for President includes airfare, meals,
and suite at headquarters hotel. Travel expenses for President-elect are covered up to $3000, inclusive of airfare.
Airfare for spouses of President and President-elect are covered up to actual cost of mid-range airfare ticket.
Travel expenses for President and President-elect to attend Region 12 Conference in Seattle are covered at actual
cost. Travel expenses for President-elect to attend NAR Leadership Summit (including one dinner for all Oregon
attendees) is covered at actual cost. Expenses for the 2015 ROTY to attend the NAR Convention in San Diego are
covered up to $3,000, inclusive of airfare
2) Staff Travel includes Chief Executive Officer and VP Business Development attendance at the 2 NAR
business meetings and the Association Executives Institute; State EO attendance at 2015 NAR Leadership
Summit in Chicago, Region 12 meeting and State EO meeting.
(3) Includes Oregon Night Out (in either Washington DC); purchase tickets for miscellaneous events (Inaugural
Banquet, etc.)
2015 OAR Budget Page 39 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
REPLACEMENT FUND basic
maintenance
supplemental
Meets All Strategic Plan goals.
Related Committee(s): None
Program Package Objective(s):
To provide sufficient funds to purchase and replace office furniture, computers, information systems and
other equipment as needed.
Package Description:
Replenish the Replacement Fund to an operational/financially prudent level.
Total Projected Income: $0
Total Projected Expense: $17,604
(Staff Allocation included in expense: $2,604)
Net Projected Expense: $17,604
Allocated .83% of budget
2013 Budget
$ 17,673
2015 OAR Budget Page 40 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
REPLACEMENT FUND (Supplemental)
Program Package:
Replacement
Fund
Expenses:
Replacement
15,000
$15,000
Total Expenses:
$15,000 Staff Allocation:
$2,604
Grand Total Expenses: $17,604
Total Income: $ -
Net Expense: $17,604
2015 OAR Budget Page 41 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
RESEARCH &
REAL ESTATE CENTER
basic
maintenance
supplemental
Meets Strategic Plan goals: Infrastructure – Data Gathering
Related Committee(s): Business Issues, Governmental Affairs
Program Package Objective(s):
To continue a mutually beneficial partnership with the Center for Real Estate at Portland State University.
The program provides partial funding of a faculty position in the name of the Oregon Association of
REALTORS®. The program is currently maintained by PSU in exchange for conducting research, data
compilation and consultation on real estate market issues in Oregon and its communities and to provide such
information to REALTOR® members through quarterly reports. Also begins a partnership with 10K Research
to provide specific market area reports for local associations/boards.
Package Description:
Faculty Stipend: Ensure the timely and accurate reporting of critical information on housing, including
economic and real estate market trends and forecasts throughout Oregon.
10K Research: Provide monthly statistical reports and analysis on local real estate markets in Oregon.
Total Projected Income: $0
Total Projected Expense: $72,470
(Staff Allocation included in expense: $470)
Net Projected Expense: $72,470
Allocated 3.41% of budget
2014 Budget
$ 5,484
2015 OAR Budget Page 42 of 45
OREGON ASSOCIATION OF REALTORS®
2015 PROJECTED PROGRAM BUDGET
RESEARCH AND REAL ESTATE CENTER (Maintenance)
Program Package:
Research and
Real Estate Center
Expenses:
Prof/Contract Services 1
5,000
10K Research and Marketing2
20,000
$25,000
Total Expenses:
$25,000
Staff Allocation:
$470
Grand Total Expenses:
$25,470
Total Income:
$ -
Net Expense:
$25,470
Notes: (1) Continue support of Real Estate Chair at the PSU School of Real Estate
(2) Research and Marketing based off Strategic Plan
2015 OAR Budget Page 43 of 45
Oregon Association of REALTORS®
2015 PROGRAM/BUDGET WORKSHEET
Program Package: Program Package Type:
COMMERCIAL DIVISION basic
maintenance
supplemental
Meets Strategic Plan goals: Advocacy & Trusted, Credible Source of Valuable, Relevant Information
Related Committee(s): Professional Development, Business Issues, Governmental Affairs
Program Package Objective(s):
Ensure all OAR members receive relevant member services and benefits.
Package Description:
Work to secure grants so that OAR can provide at least one meeting per year for commercial and industrial
REALTORS®, including C/I specific education.
Total Projected Income: $0
Total Projected Expense: $11,721
(Staff Allocation included in expense: $11,721)
Net Projected Expense: $11,721
Allocated .55% of budget
2014 Budget
$ 10,071
2015 OAR Budget Page 44 of 45
OREGON ASSOCIATION OF REALTORS®
2014 PROJECTED PROGRAM BUDGET
COMMERCIAL DIVISION (Maintenance)
Program Package:
Expenses:1
Total Expenses: $ -
Staff Allocation: $11,721
Grand Total Expenses: $11,721
Total Income: $ -
Net Expense: $11,721
Notes: (1) There are no hard costs associated with the Commercial Division program at this time as
we continue to create value for our Commercial practitioner REALTOR members. We have
worked in concert with NAR to provide programming through grants from NAR
top related