American Real Estate And Urban Economics Association
- Assets
- $777.5k
- Revenue
- $238.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/1972
- Data as of
- 12/2021
- EIN
- 23-7119584
Organization Overview
American Real Estate And Urban Economics Association is located in Nashville, TN. The organization was established in 1972. 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. American Real Estate And Urban Economics Association 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 12/2021, American Real Estate And Urban Economics Association generated $238.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $105.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE AMERICAN REAL ESTATE AND URBAN ECONOMICS ASSOCIATION IS IN THE AREAS OF REAL ESTATE, URBAN ECONOMICS AND ALLIED AREAS TO 1)PROMOTE EDUCATION AND ENCOURAGE RESEARCH; 2)IMPROVE COMMUNICATION AND EXCHANGE INFORMATION ABOUT COLLEGE AND UNIVERSITY FACULTIES; 3)FACILITATE ASSOCIATION OF ACADEMIC, PRACTICING PROFESSIONALS AND RESEARCHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HOLDS AN ANNUAL CONFERENCE IN CONJUNCTION WITH THE ALLIED SOCIAL SCIENCES ASSOCIATION (ASSA) MEETING IN EARLY JANUARY OF EACH YEAR. THIS CONFERENCE IS REFERRED TO AS THE AREUEA-ASSA CONFERENCE. A SEPARATE ANNUAL CONFERENCE IS HELD EACH MAY OR JUNE AND IS REFERRED TO AS THE AREUEA NATIONAL CONFERENCE. THE LATTER HAS TRADITIONALLY BEEN HELD IN WASHINGTON, DC AT THE OFFICES OF THE NATIONAL ASSOCIATION OF HOME BUILDERS (NAHB). THE AREUEA-ASSA CONFERENCE AND THE AREUEA NATIONAL CONFERENCE ARE BOTH DEDICATED TO FURTHERING THE EXCHANGE OF RESEARCH IDEAS AND RESULTS ABOUT COMMERCIAL AND RESIDENTIAL REAL ESTATE MARKETS, AND URBAN ECONOMICS. THE ASSOCIATION ALSO HOLDS AN INDEPENDENT INTERNATIONAL CONFERENCE EACH SUMMER OR WORKS WITH A RECOGNIZED PROFESSIONAL REAL ESTATE ASSOCIATION FROM ANOTHER PART OF THE WORLD TO SUPPORT THAT GROUP'S EFFORT TO ENHANCE THE STATE OF REAL ESTATE KNOWLEDGE. IN 2021, THE ANNUAL AND NATIONAL CONFERENCES WERE HELD ONLINE, AND THE INTERNATIONAL CONFERENCE WAS POSTPONED TO 2022. IN ADDITION, WE HOSTED NUMEROUS RESEARCH SEMINARS TO HELP KEEP OUR MEMBERSHIP ENGAGED.
THE ASSOCIATION FIRST PUBLISHED "REAL ESTATE ECONOMICS (REE)" IN 1973. "REE" IS THE OLDEST ACADEMIC JOURNAL FOCUSING ON REAL ESTATE ISSUES AND IS CONSIDERED THE PREMIER JOURNAL FOR REAL ESTATE RELATED TOPICS. THE JOURNAL FACILITATES COMMUNICATION AMONG ACADEMIC RESEARCHERS AND INDUSTRY PROFESSIONALS AND IMPROVES THE ANALYSIS OF REAL ESTATE DECISIONS. ARTICLES SPAN A WIDE RANGE OF ISSUES, FROM TAX RULES TO BROKERS' COMMISSIONS TO CORPORATE REAL ESTATE INCLUDING HOUSING AND URBAN ECONOMICS, AND THE FINANCIAL ECONOMICS OF REAL ESTATE DEVELOPMENT AND INVESTMENT. THE ASSOCIATION MAINTAINS A WEBSITE WHICH INCLUDES BACK ISSUES OF THE ACADEMIC JOURNAL TO FURTHER DISSEMINATE REAL ESTATE AND URBAN ECONOMICS INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven C Bourassa Treasurer | OfficerTrustee | 5 | $0 |
Robert A Connolly Executive VP | OfficerTrustee | 5 | $0 |
David H Downs Treasurer | OfficerTrustee | 2 | $0 |
Ingrid Gould Ellen 2nd Vice Pre | OfficerTrustee | 5 | $0 |
Andrea Heuson Secretary | OfficerTrustee | 2 | $0 |
Stijn Van Nieuweburgh 1st Vice Pre | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,500 |
| Total Program Service Revenue | $127,010 |
| Investment income | $19 |
| 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 | $238,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,200 |
| 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 | $56,920 |
| Fees for services: Legal | $452 |
| Fees for services: Accounting | $2,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $7,560 |
| Information technology | $17,978 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $884 |
| All other expenses | $0 |
| Total functional expenses | $105,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $485,031 |
| Savings and temporary cash investments | $193,364 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,750 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $64,355 |
| Total assets | $777,500 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $9,500 |
| 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 | $9,500 |
| Net assets without donor restrictions | $768,000 |
| 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 | $777,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Real Estate And Urban Economics Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Research Institute For Housing America Trust Fund Washington, DC PURPOSE: AREUEA IS A MEMBERSHIP ORGANIZATION OF ACADEMIC AND INDUSTRY RESEARCHERS FOCUSED ON HOUSING MARKET AND MORTGAGE MARKET ISSUES. RIHA'S CONTRIBUTION PROVIDES FOR FUNDING OF AREUEA'S TWO-DAY NATIONAL CONFERENCE THAT IS TYPICALLY HELD IN WASHINGTON DC IN THE FIRST WEEK OF JUNE. RIHA HAS ALSO BEEN ACTIVE IN THE WOMEN IN REAL ESTATE NETWORK THAT IS OPEN TO ALL MEMBERS OF AREUEA. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mpb Inc Norfolk, VA | $396,978,838 | $58,868,450 |
Georgia Association Of Realtors Inc Atlanta, GA | $16,334,740 | $7,998,537 |
Northern Virginia Assoc Of Realtors Incorporated Fairfax, VA | $24,558,097 | $7,651,355 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Grady Cass Incorporated Atlanta, GA | $161,041,116 | $0 |
The Georgia Health Sciences Foundation Inc Augusta, GA | $27,494,312 | $7,447,103 |
Rancho Cucamonga Ii Inc Charlotte, NC | $253,822,278 | $8,749,351 |
Richmond Board Of Realtors Richmond, VA | $32,077,110 | $4,626,448 |
Longleaf Pine Realtors Inc Fayetteville, NC | $7,914,934 | $3,962,762 |
Atlanta Realtors Association Inc Atlanta, GA | $8,002,087 | $2,853,636 |
Mississippi Association Of Realtors Incorporated Jackson, MS | $6,966,027 | $2,616,510 |
Boscobel Heights Development Company Inc Nashville, TN | $26,913,589 | $950,458 |