Commercial Real Estate Women Network
- Assets
- $21.0m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Lawrence, KS
- Founding
- 10/1989
- Data as of
- 12/2021
- EIN
- 52-1642656
Organization Overview
Commercial Real Estate Women Network is located in Lawrence, KS. The organization was established in 1989. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Commercial Real Estate Women Network employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commercial Real Estate Women Network 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, Commercial Real Estate Women Network generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $5.8m during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INFLUENCE THE SUCCESS OF THE COMMERCIAL REAL ESTATE INDUSTRY BY ADVANCING THE ACHIEVEMENTS OF WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE THE ACHIEVEMENTS OF WOMEN IN COMMERCIAL REAL ESTATE BY PROVIDING CONFERENCES, CONVENTIONS, AND MEMBER SERVICE PROGRAMS. THESE EVENTS HELP TO EDUCATE AND PROVIDE A NETWORKING SYSTEM FOR NEARLY 12,000 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Mann CEO | Officer | 38 | $360,766 |
Justin Hawkins Cfo/coo | Officer | 38 | $134,430 |
Laura Lewis Cmo | 38 | $119,385 | |
Mark Brockhoff Cto | 40 | $112,799 | |
Christine Gorham Past President | OfficerTrustee | 1 | $0 |
Barbi Reuter President Elect | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $66,908 |
| Government grants | $362,965 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,873 |
| Total Program Service Revenue | $5,387,584 |
| Investment income | $153,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $202,232 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,251,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $22,095 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $564,843 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,405,049 |
| Pension plan accruals and contributions | $120,203 |
| Other employee benefits | $149,703 |
| Payroll taxes | $134,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,236 |
| Fees for services: Accounting | $13,036 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,521 |
| Fees for services: Other | $85 |
| Advertising and promotion | $157,960 |
| Office expenses | $191,406 |
| Information technology | $546,147 |
| Royalties | $0 |
| Occupancy | $1,390,515 |
| Travel | $205,557 |
| 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 | $64,489 |
| Insurance | $97,462 |
| All other expenses | $0 |
| Total functional expenses | $5,762,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,457,950 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,143 |
| 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 | $169,795 |
| Net Land, buildings, and equipment | $54,041 |
| Investments—publicly traded securities | $9,902,365 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,341,705 |
| Total assets | $20,981,999 |
| Accounts payable and accrued expenses | $1,692,248 |
| Grants payable | $0 |
| Deferred revenue | $1,722,705 |
| 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 | $8,968,383 |
| Total liabilities | $12,383,336 |
| Net assets without donor restrictions | $8,598,663 |
| 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 | $20,981,999 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Commercial Real Estate Women Network has recieved totaling $66,908.
| Awarding Organization | Amount |
|---|---|
Commercial Real Estate Women Foundation Lawrence, KS PURPOSE: Career Outreach | $46,908 |
Commercial Real Estate Women Foundation Lawrence, KS PURPOSE: Research | $20,000 |
Endowment Analysis
| Beg. Balance | $941,180 |
| Net Contributions | $87,242 |
| Ending Balance | $1,028,422 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Oklahoma City Chamber Of Commerce Oklahoma City, OK | $12,639,674 | $12,068,118 |
Chamber Of Commerce Metropolitan Tulsa Tulsa, OK | $9,253,345 | $10,228,951 |
Denver Metro Chamber Of Commerce Denver, CO | $24,074,791 | $9,796,835 |
Commercial Real Estate Women Network Lawrence, KS | $20,981,999 | $6,251,461 |
Colorado Lending Source Ltd Denver, CO | $12,386,604 | $5,983,291 |
Better Business Bureau Of Greater St Louis Inc St Louis, MO | $4,281,553 | $5,139,066 |
Springfield Convention And Visitors Springfield, MO | $1,284,082 | $4,581,352 |
Branson Chamber Of Commerce Branson, MO | $7,433,805 | $4,271,534 |
Missouri Association Of Realtors Columbia, MO | $17,146,972 | $6,043,805 |
Colorado Springs Convention Visitors Bureau Colorado Springs, CO | $5,599,246 | $5,101,017 |
Oklahoma State Chamber Of Commerce And Associated Industries Oklahoma City, OK | $3,080,131 | $4,188,271 |
St Louis Association Of Realtors St Louis, MO | $7,942,531 | $3,504,458 |