Philadelphia Chapter Of The Society Of Industrial & Office Realtors
- Assets
- $230.7k
- Revenue
- $105.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lemoyne, PA
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 23-7182740
Organization Overview
Philadelphia Chapter Of The Society Of Industrial & Office Realtors, operating under the name Of Industrial And Office Realtors, is located in Lemoyne, PA. The organization was established in 1998. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Of Industrial And Office Realtors 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 12/2021, Of Industrial And Office Realtors generated $105.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $110.7k during the year ending 12/2021. 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
TO PROVIDE EDUCATION AND SHARING INFORMATION AMONGST REAL ESTATE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL, PROMOTIONAL AND SEMINAR ACTIVITIES FOR THE PROFESSIONAL AND BUSINESS DEVELOPMENT OF MEMBER REALTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Shockley Cae Executive Di | Trustee | 20 | $34,500 |
Joel Kreider Sior President | OfficerTrustee | 2 | $0 |
Brian Edmonds Sior Secretary | OfficerTrustee | 1 | $0 |
Colin Flynn Sior Vice Preside | OfficerTrustee | 2 | $0 |
Chichi Ahia Sior Treasurer | OfficerTrustee | 1 | $0 |
Stephen Cole Sior Director At | Trustee | 1 | $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 | $6,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $99,817 |
| Investment income | $0 |
| 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 | $105,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,500 |
| Compensation of current officers, directors, key employees. | $34,500 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,142 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,443 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,002 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $575 |
| All other expenses | $8 |
| Total functional expenses | $110,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,665 |
| Savings and temporary cash investments | $200,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,015 |
| 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 | $230,680 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| 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 | $1,000 |
| Net assets without donor restrictions | $229,680 |
| 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 | $230,680 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Philadelphia Chapter Of The Society Of Industrial & Office Realtors has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Sior Foundation Washington, DC PURPOSE: TO SUPPORT THREE STUDENTS STUDYING AT THREE ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rent Stabilization Association Of New York City Inc New York, NY | $64,799,880 | $9,745,937 |
Pennsylvania Association Of Realtors Lemoyne, PA | $15,365,413 | $8,876,616 |
New York State Association Of Realtors Albany, NY | $25,815,144 | $7,489,771 |
Ncr Permanent Supportive Housing Services Columbus, OH | $1,083,580 | $3,750,961 |
Association Of College And University Housing Officers - Inte Columbus, OH | $6,244,515 | $3,516,112 |
National Church Residences Columbus, OH | $7,958,105 | $2,396,850 |
East Orange Senior Citizens Housing Association East Orange, NJ | $2,480,383 | $1,612,967 |
Shore Front Council Housing Development Fund Corp New York, NY | $3,570,395 | $651,490 |
Delaware Association Of Realtors Dover, DE | $2,103,298 | $1,127,387 |
National Association Of Real Estate Investment Managers New York, NY | $1,329,824 | $1,194,908 |
Montgomery County Association Of Realtors Inc Malvern, PA | $0 | $967,962 |
Home Builders Association Of Greater Cincinnati Cincinnati, OH | $4,206,787 | $615,926 |