Dearborn Real Estate Board Inc
- Assets
- $40.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 36-4413452
Organization Overview
Dearborn Real Estate Board Inc is located in Chicago, IL. The organization was established in 2001. 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. Dearborn Real Estate Board 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AS ADVOCATES IN THE COMMUNITY OUR MEMBERS RECEIVE EXCLUSIVE ACCESS TO TRAINING, PROFESSIONAL DEVELOPMENT AND A NATIONWIDE REFERRAL NEWORK TO HELP BUILD & GROW THEIR IMPACT ON THE 2MN5 INITIATIV. THE CHICAGO REALTISTS, DEARBORN REALTIST BOARD ARE THE OLDEST AFRICAN AMERICAN REAL ESTATE TRADE ASSOCIATION IN THE NATION. WE WERE ESTABLISHED IN 1941 IN AN AREA WHERE AFRICAN AMERICANS RESIDED WAS A COMMUNITY IN CHICAGO CALLED DEARBORN WHICH STEMMED FROM 22ND STREET ON THE NORTH, SOUTH TO 63RD STREET, EAST TO THE LAKE AND WEST TO WENTWORTH STREET IN CHICAGO. THIS AREA IS WHERE OUR FOUNDING PRESIDENTS ESTABLISHED THEIR OFFICE AND THE NAME OF DEARBORN REALTIST BOARD WAS FORMED. THE DREB'S MANTRA IS "DEMOCRACY IN HOUSING." WE ARE AT THE FOREFRONT OF ECONOMIC DEVELOPMENT IN HOUSING IN THE AFRICAN AMERICAN COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecelia Marlow 2nd Vice Pres | 2 | $0 | |
Gwendolene Newton Delagate | 1 | $0 | |
Sanina Ellison-Jones Cy President | 5 | $0 | |
Ronald Branch Treasurer | 5 | $0 | |
Fosta Smith 1st Vice Pres | 2 | $0 | |
Shannon Welch Asst Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,418 |
| Total expenses | $3,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $40,632 |
| Total liabilities | $44,050 |
| Net assets or fund balances | -$3,418 |