Commercial Real Estate Women Inc
- Assets
- $303.6k
- Revenue
- $383.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lapeer, MI
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 38-2699727
Organization Overview
Commercial Real Estate Women Inc is located in Lapeer, MI. The organization was established in 1987. 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. Commercial Real Estate Women 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.
For the year ending 12/2021, Commercial Real Estate Women Inc generated $383.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $356.1k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
FACILITATE MEMBER SUCCESS BY PROVIDING REAL ESTATE INDUSTRY NETWORKING, LEADERSHIP, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE MEMBER SUCCESS BY PROVIDING REAL ESTATE INDUSTRY NETWORKING, LEADERSHIP AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Chambers President | OfficerTrustee | 2 | $0 |
Rachel Smith Treasurer | OfficerTrustee | 2 | $0 |
Kelli Herman Past-Preside | OfficerTrustee | 2 | $0 |
Jacqueline Trost Secretary | OfficerTrustee | 2 | $0 |
Lisa Robach President-El | OfficerTrustee | 2 | $0 |
Karen Gerstenberger 2022 Treasur | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $71,535 |
| Fundraising events | $7,692 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,937 |
| Total Program Service Revenue | $116,614 |
| Investment income | $5,175 |
| 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 | $383,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,357 |
| Grants and other assistance to domestic individuals. | $7,300 |
| 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 | $48,152 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,069 |
| Advertising and promotion | $42,723 |
| Office expenses | $4,468 |
| 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 | $18,237 |
| Interest | $0 |
| Payments to affiliates | $36,630 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,116 |
| Total functional expenses | $356,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,311 |
| Savings and temporary cash investments | $200,683 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,142 |
| 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 | $2,500 |
| 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 | $303,636 |
| Accounts payable and accrued expenses | $3,147 |
| Grants payable | $0 |
| Deferred revenue | $79,550 |
| 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 | $82,697 |
| Net assets without donor restrictions | $0 |
| 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 | $220,939 |
| Total liabilities and net assets/fund balances | $303,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strs Ohio Tx Real Estate Investments Inc Columbus, OH | $220,303,180 | $20,609,768 |
Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
Imh Realty Corporation Franklin, IN | $84,073,233 | $0 |
River Park Community Corp Dayton, OH | $44,515,596 | $4,317,871 |
Nso Properties Detroit, MI | $10,016,182 | $2,478,176 |
Greater Milwaukee Association Of Realtors Inc Milwaukee, WI | $7,902,612 | $2,380,526 |
Yswin Development Inc Evansville, IN | $15,509,584 | $1,301,817 |
Realtors Associations Of Northeast Wisconsin Inc Appleton, WI | $6,876,231 | $1,366,137 |
Kosciusko Community Ymca Building Corporation Warsaw, IN | $0 | $738,000 |
Jvs Blue Ash Cincinnati, OH | $0 | $0 |
Zbt National Housing Inc Carmel, IN | $5,637,243 | $1,013,179 |
Mrm North Campus Inc Milwaukee, WI | $19,031,963 | $894,597 |