New York State Real Estate Education Foundation Inc
- Assets
- $329.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 09/2004
- Data as of
- 12/2023
- EIN
- 65-1190581
Organization Overview
New York State Real Estate Education Foundation Inc is located in Albany, NY. The organization was established in 2004. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York State Real Estate Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New York State Real Estate Education Foundation Inc generated $85.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $24.5k during the year ending 12/2023. 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
TO PROVIDE SCHOLARSHIPS FOR REAL ESTATE CONTINUING EDUCATION PROGRAMS ACROSS NEW YORK STATE, SCHOLARSHIPS FOR INSTRUCTIONAL, LEADERSHIP AND MANAGEMENT DEVELOPMENT AS WELL AS RESEARCH AND EDUCATION RESOURCES TO RAISE THE LEVEL OF KNOWLEDGE AND EXPERTISE AMONG REAL ESTATE PRACTITIONERS THROUGH NEW COURSE DEVELOPMENT TO MEET THE CHANGING NEEDS OF THOSE IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Kramer President | 2 | $0 | |
Brittany Matott Vice President | 2 | $0 | |
Susan Lynne Sommers Secretary & Treasurer | 2 | $0 | |
Linda Lugo Immediate Past President | 1 | $0 | |
Duncan Mackenzie Director/nysar CEO | 0.5 | $0 | |
Elizabeth Rentz Director/nysar CFO | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,331 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,724 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,055 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $57 |
| Other expenses | $451 |
| Total expenses | $24,543 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,648 |
| Other assets | $0 |
| Total assets | $329,648 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,648 |