Institute Of Real Estate Management Of The Natl Assn Of Realtors
- Assets
- $57.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Chili, NY
- Founding
- 08/1976
- Data as of
- 12/2019
- EIN
- 51-0204284
Organization Overview
Institute Of Real Estate Management Of The Natl Assn Of Realtors is located in North Chili, NY. The organization was established in 1976. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Institute Of Real Estate Management Of The Natl Assn Of 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 12/2019, Institute Of Real Estate Management Of The Natl Assn Of Realtors generated $71.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $67.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cocquyt President | 0.5 | $0 | |
Brenda Decker Member At Large | 0.5 | $0 | |
Andrew Kingsley Vice President/membership | 0.5 | $0 | |
Nicholas J Harris Jr Vice President/education | 0.5 | $0 | |
Anna Santana Secretary/treasurer | 0.5 | $0 | |
Lindsay Miller Member At Large | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,021 |
| Membership dues | $42,011 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,701 |
| Other Revenue | $1,141 |
| Total Revenue | $71,874 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $1,615 |
| Printing, publications, postage, and shipping | $49 |
| Other expenses | $64,425 |
| Total expenses | $67,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,247 |
| Other assets | $0 |
| Total assets | $57,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
University At Albany Bioscience Development Corporation Albany, NY | $44,515,468 | $7,817,426 |
Tgm Realty Corp 20 New York, NY | $499,485,449 | $22,200,197 |
121 W Chestnut Associates Inc Boston, MA | $88,401,570 | $6,440,632 |
Greater Boston Real Estate Board Boston, MA | $10,089,510 | $6,801,550 |
Realty Advisory Board On Labor Relations Incorporated New York, NY | $24,561,185 | $8,236,641 |
Cil Realty Inc Hartford, CT | $204,453,350 | $9,350,874 |
Dhu Realty Corp New York, NY | $1,097,719 | $3,124,620 |
330 North Brand Inc Hartford, CT | $104,479,705 | $8,295,726 |
Massachusetts Association Of Realtors Inc Foxborough, MA | $16,699,943 | $5,237,756 |
Carmel Mountain Apartments Inc Princeton, NJ | $126,463,068 | $7,869,627 |
Town Center Apartments Inc Boston, MA | $89,126,403 | $7,900,572 |