Real Estate Research Institute
- Assets
- $416.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 13-3415691
Organization Overview
Real Estate Research Institute is located in Hartford, CT. The organization was established in 1988. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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 Research Institute 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 12/2021, Real Estate Research Institute generated $153.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $132.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORTED RESEARCH OF ISSUES CRITICAL TO UNDERSTANDING OF REAL ESTATE MARKETS. SPONSORED AN ANNUAL SEMINAR TO COMMUNICATE RESULTS OF THE RESEARCH. PROVIDED WORKING PAPERS AND SUBMITTED ARTICLES TO PUBLICATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Thomas Arnold President | 0.5 | $0 | |
Charles Wurtzebach Treasurer | 0.5 | $0 | |
Andra Ghent Director | 0.5 | $0 | |
Martha Peyton Director | 0.5 | $0 | |
Gail Haynes Director | 0.5 | $0 | |
Mauricio Rodriguez Ph D Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,019 |
| 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 | $6,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,256 |
| Total expenses | $132,356 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $414,577 |
| Other assets | $0 |
| Total assets | $416,777 |
| Total liabilities | $63,755 |
| Net assets or fund balances | $353,022 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Real Estate Research Institute has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Pension Real Estate Association Hartford, CT PURPOSE: ANNUAL SUPPORT FOR RESEARCH | $10,000 |
National Investment Center For Seniors Housing & Care Inc Annapolis, MD PURPOSE: RESEARCH SPONSORSHIP | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
University At Albany Bioscience Development Corporation Albany, NY | $44,515,468 | $7,817,426 |
Tgm Realty Corp 20 New York, NY | $499,485,449 | $22,200,197 |
121 W Chestnut Associates Inc Boston, MA | $88,401,570 | $6,440,632 |
Greater Boston Real Estate Board Boston, MA | $10,089,510 | $6,801,550 |
Realty Advisory Board On Labor Relations Incorporated New York, NY | $24,561,185 | $8,236,641 |
Cil Realty Inc Hartford, CT | $204,453,350 | $9,350,874 |
Dhu Realty Corp New York, NY | $1,097,719 | $3,124,620 |
330 North Brand Inc Hartford, CT | $104,479,705 | $8,295,726 |
Massachusetts Association Of Realtors Inc Foxborough, MA | $16,699,943 | $5,237,756 |
Town Center Apartments Inc Boston, MA | $89,126,403 | $7,900,572 |
Chrysalis Center Real Estate Corporation Hartford, CT | $47,837,141 | $6,009,738 |