Real Estate Directors Roundtable Institute is located in Toledo, OH. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Directors Roundtable Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE REAL ESTATE DIRECTORS ROUNDTABLE INSTITUTE IS ORGANIZED FOR THE PURPOSE OF PROMOTING COMMON BUSINESS INTERESTS AND THE IMPROVEMENT OF EDUCATION, KNOWLEDGE, AND INFORMATION-SHARING RELEVANT TO INTERNAL AUDIT DIRECTORS IN THE REAL ESTATE INDUSTRY. THE INSTITUTE'S BOARD OF DIRECTORS ORGANIZES MEETINGS OF PROFESSIONALS WITH SIMILAR BUSINESS INTERESTS. THE MEETINGS ARE TYPICALLY HELD ONCE PER YEAR IN LAS VEGAS, NEVADA. THE INSTITUTE ALLOCATES 100 PERCENT OF THE INSTITUTE'S TIME TO ORGANIZING AND CONDUCTING THE MEETINGS. THE MEETINGS ARE FUNDED THROUGH PAYMENTS MADE BY MEETING SPONSORSHIPS AND ATTENDEES OF THE MEETINGS, AND 90 TO 95 PERCENT OF THE INSTITUTE'S OVERALL EXPENSES ARE ALLOCATED TO THIS ACTIVITY. THE MEETINGS ENABLE THE INSTITUTE AND ATTENDEES TO SHARE KNOWLEDGE AND INFORMATION AND TO FURTHER THEIR EDUCATION RELEVANT TO INTERNAL AUDIT DIRECTORS IN THE REAL ESTATE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE ORGANIZES AN ANNUAL MEETING FOR INTERNAL AUDITORS IN THE REAL ESTATE INDUSTRY TO PROMOTE EDUCATION, KNOWLEDGE, AND INFORMATION SHARING OF INDUSTRY RELEVANT NEWS AND HAPPENINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brent Mussery President | OfficerTrustee | 5 | $0 |
Philip Ramacca Vice Preside | OfficerTrustee | 5 | $0 |
David Hutchins Secretary | OfficerTrustee | 5 | $0 |
Thomas Keaton Treasurer | OfficerTrustee | 5 | $0 |
Jeannine Baker Director | Trustee | 5 | $0 |
Catherine Hastings Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $71,020 |
Investment income | $0 |
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 | $71,020 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
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 | $522 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $52,132 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,102 |
All other expenses | $0 |
Total functional expenses | $62,506 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,903 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
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 | $50,903 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $50,903 |
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 | $50,903 |