Real Estate Research Institute
- Assets
- $442.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 08/1988
- Data as of
- 12/2023
- EIN
- 13-3415691
Organization Overview
Real Estate Research Institute is located in Hartford, CT. The organization was established in 1988. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Research Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Real Estate Research Institute generated $182.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $173.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTED RESEARCH OF ISSUES CRITICAL TO UNDERSTANDING OF REAL ESTATE MARKETS. SPONSORED AN ANNUAL SEMINAR TO COMMUNICATE RESULTS OF THE RESEARCH. PROVIDED WORKING PAPERS AND SUBMITTED ARTICLES TO PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Wurtzebach President (through 5/23) | 0.5 | $0 | |
Martha Peyton Treasurer To 5/23 Then President | 0.5 | $0 | |
Dr Thomas Arnold Director (through 05/23) | 0.5 | $0 | |
Andra Ghent Director | 0.5 | $0 | |
Gail Haynes Director (through 05/23) | 0.5 | $0 | |
Mauricio Rodriguez Ph D Director (through 05/23) | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,500 |
| Total Program Service Revenue | $5,850 |
| Membership dues | $0 |
| Investment income | $9,431 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,781 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,105 |
| Total expenses | $173,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $427,614 |
| Other assets | $0 |
| Total assets | $442,614 |
| Total liabilities | $68,500 |
| Net assets or fund balances | $374,114 |