Commercial Real Estate Women- Philadelphia Inc
- Assets
- $278.8k
- Revenue
- $207.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 01/1994
- Data as of
- 12/2022
- EIN
- 23-2392732
Organization Overview
Commercial Real Estate Women- Philadelphia Inc is located in Lawrence, KS. The organization was established in 1994. 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. Commercial Real Estate Women- Philadelphia Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Commercial Real Estate Women- Philadelphia Inc generated $207.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $253.6k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREW PHILADELPHIA IS A MEMBERSHIP ORGANIZATION FOUNDED IN 1984 TO PROMOTE PROFESSIONAL NETWORKING AND EDUCATIONAL OPPORTUNITIES FOR MEMBERS IN THE COMMERCIAL REAL ESTATE INDUSTRY IN THE PHILADELPHIA AREA. OUR MISSION IS TO FURTHER THE PROFESSIONAL DEVELOPMENT OF WOMEN IN ALL PHASES OF COMMERCIAL REAL ESTATE, TO PROMOTE AVENUES OF COMMUNICATION AMONG PROFESSIONAL WOMEN WITHIN THE COMMERCIAL REAL ESTATE INDUSTRY AS WELL AS OTHER RELATED FIELDS, AND TO ENCOURAGE THE RECOGNITION AND ADVANCEMENT OF PROFESSIONAL WOMEN IN THE FIELD OF COMMERCIAL REAL ESTATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY MEETINGS WITH SPEAKERS ARE HELD. PROFESSIONAL DEVELOPMENT SEMINARS ARE HELD AND A WEBSITE IS MAINTAINED FOR ANNOUNCEMENTS AND NEWS TO BE DISTRIBUTED TO THE MEMBERS. MEMBERS ARE NOMINATED FOR AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Fahy President-El | OfficerTrustee | 2 | $0 |
Kimberly Freimuth Secretary | OfficerTrustee | 2 | $0 |
Melissa Hasenmayer Treasurer | OfficerTrustee | 2 | $0 |
Kathy Kostiuk Director | Trustee | 1 | $0 |
Rosemary Loverdi Past Preside | OfficerTrustee | 2 | $0 |
Laura Mclaine Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $65,160 |
| Fundraising events | $19,695 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,631 |
| Total Program Service Revenue | $23,845 |
| Investment income | $2,306 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $26,822 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $60,702 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,305 |
| Advertising and promotion | $0 |
| Office expenses | $71 |
| Information technology | $3,064 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,022 |
| Interest | $0 |
| Payments to affiliates | $36,055 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,465 |
| Total functional expenses | $253,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,908 |
| Savings and temporary cash investments | $96,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,965 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,900 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $278,783 |
| Accounts payable and accrued expenses | $21,465 |
| Grants payable | $0 |
| Deferred revenue | $41,125 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $62,590 |
| Net assets without donor restrictions | $216,193 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $278,783 |
Grants Awarded
Over the last fiscal year, Commercial Real Estate Women- Philadelphia Inc has awarded $25,337 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CREW FOUNDATION PURPOSE: EDUCATION | $15,337 |
CREW NETWORK PURPOSE: CIRCLE OF LEADERSHIP | $10,000 |