Triangle Commerical Real Estate Women
- Assets
- $299.9k
- Revenue
- $320.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 56-1960374
Organization Overview
Triangle Commerical Real Estate Women is located in Raleigh, NC. The organization was established in 1997. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Commerical Real Estate Women 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 12/2023, Triangle Commerical Real Estate Women generated $320.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $293.5k during the year ending 12/2023. While expenses have increased by 12.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRIANGLE COMMERCIAL REAL ESTATE WOMEN (TCREW) WAS ESTABLISHED FOR THE IMPROVEMENT OF BUSINESS CONDITIONS AND THE PROMOTION OF THE COMMON INTEREST OF WOMEN IN COMMERCIAL REAL ESTATE INCLUDING: A. PROVIDE A COMMUNICATION NETWORK AMONG WOMEN IN THE FIELD OF COMMERCIAL REAL ESTATE; B. ENCOURAGE AND PROMOTE BUSINESS AND PROFESSIONAL OPPORTUNITIES FOR WOMEN IN THE FIELD OF COMMERCIAL REAL ESTATE; C. PROVIDE ORGANIZATIONAL AND DEVELOPMENT SUPPORT TO ITS MEMBERS AND TO PROSPECTIVE MEMBERS; D. FURTHER THE PROFESSIONAL DEVELOPMENT AND EXPERTISE OF ITS MEMBERS THROUGH EDUCATIONAL OPPORTUNITIES; E. ACKNOWLEDGE AND PUBLICIZE THE ACCOMPLISHMENTS OF WOMEN IN THE FIELD OF COMMERCIAL REAL ESTATE; AND F. PROMOTE THE HIGHEST PROFESSIONAL STANDARDS AMONG ITS MEMBERS. TCREW IS PART OF THE NATIONAL ORGANIZATION CALLED CREW NETWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TCREW HOLDS 6 GENERAL MEMBER MEETINGS EACH CALENDAR YEAR WITH A TWOFOLD PURPOSE: 1. TO PROVIDE NETWORKING OPPORTUNITIES FOR PROFESSIONAL WOMEN IN THE FIELD OF COMMERCIAL REAL ESTATE; AND 2. TO PROVIDE GENERAL MEMBERS WITH THE HIGHEST QUALITY EDUCATIONAL AND OPPORTUNITY AWARENESS BY PROVIDING RECOGNIZED SPEAKERS AND PROGRAM SPONSORS.
TCREW HAS PROVIDED NATIONAL AND INTERNATIONAL OPPORTUNITIES FOR MEMBERS BY AFFILIATION WITH THE CREW NETWORK. TCREW ACTIVELY PARTICIPATES IN CREW NETWORK CONVENTIONS AND SEMI-ANNUAL MEETINGS BY SENDING VOTING DELEGATES AND GENERAL MEMBERS.
TCREW HAS DEVELOPED RELATIONSHIPS WITH LOCAL TRADE MAGAZINES AND RELATED MEDIA TO PROVIDE INCREASING EXPOSURE FOR INDIVIDUAL GENERAL MEMBERS IN THE REAL ESTATE PROFESSION AS WELL AS EXPOSURE FOR THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Saunders Executive Administrator | Officer | 40 | $62,200 |
Ashley Jones Membership | Trustee | 3 | $0 |
Lee Anne Nance Programs | Trustee | 3 | $0 |
Denise Southerland Sponsorship | Trustee | 3 | $0 |
Amanda Roberson Marketing | Trustee | 3 | $0 |
Lauren Reeves Ucrew | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $146,066 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $146,066 |
| Total Program Service Revenue | $170,195 |
| Investment income | $2,680 |
| 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 | $320,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,939 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,200 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $135 |
| Office expenses | $3,981 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $12,168 |
| Total functional expenses | $293,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,449 |
| Savings and temporary cash investments | $103,088 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,500 |
| 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 | $7,830 |
| 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 | $299,867 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $94,751 |
| 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 | $94,751 |
| Net assets without donor restrictions | $205,116 |
| 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 | $299,867 |