Association Of Industrial Real Estate Brokers is located in Lisle, IL. The organization was established in 1992. 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. Association Of Industrial Real Estate Brokers 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 12/2021, Association Of Industrial Real Estate Brokers generated $225.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $225.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EDUCATION, COMMUNICATION AND COOPERATION WITHIN THE INDUSTRIAL REAL ESTATE MARKET COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY LUNCHEONS AND EVENTS WITH FEATURED SPEAKERS. PROVIDING MEMBERS AND NON-MEMBERS WITH EDUCATIONAL EXPERIENCES AND OPPORTUNITIES TO EXCHANGE IDEAS WITH OTHER PROFESSIONALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Haefner Director | OfficerTrustee | $0 | |
Robin Stolberg Director | OfficerTrustee | $0 | |
David Conroy Treasurer | OfficerTrustee | $0 | |
Michael Deserto Director | OfficerTrustee | $0 | |
Calum Payne President | OfficerTrustee | $0 | |
Terry Stevenson Executive Di | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $119,420 |
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 | $119,420 |
Total Program Service Revenue | $104,325 |
Investment income | $113 |
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 | $225,658 |
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 | $40,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,880 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $34,006 |
Office expenses | $405 |
Information technology | $12,579 |
Royalties | $0 |
Occupancy | $0 |
Travel | $789 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $430 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,728 |
All other expenses | $0 |
Total functional expenses | $225,169 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,125 |
Savings and temporary cash investments | $120,796 |
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 | $4,051 |
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 | $196,972 |
Accounts payable and accrued expenses | $2,629 |
Grants payable | $0 |
Deferred revenue | $27,385 |
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 | $30,014 |
Net assets without donor restrictions | $166,958 |
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 | $196,972 |
Organization Name | Assets | Revenue |
---|---|---|
American Rental Association Moline, IL | $60,063,193 | $21,216,984 |
Sigma Kappa National Housing Corp Carmel, IN | $43,130,448 | $13,889,510 |
Wisconsin Realtors Association Madison, WI | $21,391,509 | $7,218,750 |
Home Builders Association Of St Louis And Eastern Missouri St Louis, MO | $3,455,460 | $2,766,865 |
Home Builders Association Of Greater Kansas City Kansas City, MO | $3,251,651 | $2,025,305 |
Greater Louisville Association Of Realtors Inc Louisville, KY | $9,529,127 | $1,361,558 |
Capital Area Association Of Realtors Springfield, IL | $1,975,418 | $1,191,335 |
Realtor Association Of Southwestern Illinois Belleville, IL | $873,858 | $852,796 |
Iowa Manufactured Housing Association Des Moines, IA | $2,039,224 | $388,214 |
Home Builders Association Of Springfield Springfield, MO | $1,425,709 | $548,998 |
Warsaw Senior Citizens Housing Association Joplin, MO | $889,747 | $416,523 |
Hometown Association Of Realtors Sycamore, IL | $111,741 | $419,077 |