Real Estate Investment Society Inc
- Assets
- $80.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 04/1986
- Data as of
- 12/2023
- EIN
- 59-2509149
Organization Overview
Real Estate Investment Society Inc is located in Fort Myers, FL. The organization was established in 1986. 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. Real Estate Investment Society Inc 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, Real Estate Investment Society Inc generated $99.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $92.9k during the year ending 12/2023. While expenses have increased by 2.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEMINARS AND MONTHLY LUNCHEON MEETINGS WITH EDUCATIONAL SPEAKERS TO ENHANCE KNOWLEDGE OF LOCAL BUSINESS CONDITIONS AND PROBLEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Poli Immediate Past President | 1 | $0 | |
Art Castellanos Director | 1 | $0 | |
Janet Davis Director | 1 | $0 | |
Phil Fischler Director | 1 | $0 | |
Bill Burdette Executive Director | 1 | $0 | |
Richard Akin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $70,215 |
| Membership dues | $29,040 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,255 |
| 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 | $8,790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $518 |
| Other expenses | $83,550 |
| Total expenses | $92,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,613 |
| Other assets | $0 |
| Total assets | $80,745 |
| Total liabilities | $19,595 |
| Net assets or fund balances | $61,150 |