2022-09-20T14:13:52-05:00 2021-12-31 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2021-01-01 041107040 GREATER BOSTON REAL ESTATE BOARD GREA 6174238700 THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 GREGORY VASIL CEO 6174238700 2022-09-12 1 GREGORY VASIL 999009999 CRAIG KLEIN P00734640 6177610600 2022-09-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z GREGORY VASIL THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 6818408 0 X WWW.GBREB.COM X 1889 MA THE GREATER BOSTON REAL ESTATE BOARD WAS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION TO ADVOCATE, EDUCATE, INFORM AND SERVE MEMBERS OF THE REAL ESTATE INDUSTRY. 25 25 30 150 0 0 3968543 4483743 863380 1644855 55452 43545 644321 629407 5531696 6801550 41691 461540 0 0 2468291 2531158 0 0 0 2337660 3051666 4847642 6044364 684054 757186 8655666 10089510 2538786 2885180 6116880 7204330 X THE GREATER BOSTON REAL ESTATE BOARD WAS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION TO ADVOCATE, EDUCATE, INFORM AND SERVE MEMBERS OF THE REAL ESTATE INDUSTRY. THE BOARD CONTINUES TO FOSTER AND PROMOTE HIGH ETHICAL STANDARDS IN ALL REAL ESTATE TRANSACTIONS, MONITOR AND COMMENT UPON LEGISLATIVE MEASURES AFFECTING REAL ESTATE, PROTECT PRIVATE PROPERTY RIGHTS, ADMINISTER AN ARBITRATION PROCESS FOR SETTLING BUSINESS DISPUTES, AND PROVIDE OUTSTANDING CONTINUING EDUCATION FOR ITS MEMBERSHIP. 0 0 2274262 THE GREATER BOSTON REAL ESTATE BOARD (THE "BOARD") WAS INCORPORATED IN 1889 AS A PRIVATE NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION FOR THE PURPOSE OF ADVOCACY, EDUCATION, INFORMATION AND SERVICE FOR THE REAL ESTATE INDUSTRY AND IS THE OLDEST AND LARGEST REAL ESTATE BOARD IN MASSACHUSETTS. THE BOARD REPRESENTS ITS CONSTITUENCY BY OFFERING MEMBERSHIP IN THE FOLLOWING DISTINCT DIVISIONS:GREATER BOSTON ASSOCIATION OF REALTORS ("GBAR")AS THE BOARD'S LARGEST DIVISION, GBAR PROVIDES EDUCATION PROGRAMS IN ITS CENTER FOR PROFESSIONAL DEVELOPMENT, COUNSELING ON THE NATIONAL ASSOCIATION OF REALTORS CODE OF ETHICS, ARBITRATION SERVICES AND INDUSTRY STANDARDS REAL ESTATE FORMS.MASSACHUSETTS APARTMENT ASSOCIATION ("MAA")MMA REPRESENTS AND PROTECTS THE INTEREST AND RIGHTS OF RENTAL HOUSING OWNERS AND MANAGERS THROUGH THE STATE. MMA PROVIDES LEGISLATIVE AND REGULATORY REPRESENTATION, PROFESSIONAL EDUCATION, STANDARD RENTAL FORMS AND UPDATES ON INDUSTRY TRENDS AND DEVELOPMENTS.BUILDING OWNERS AND MANAGERS ASSOCIATION ("BOMA")REPRESENTING COMMERCIAL BUILDING OWNERS AND MANAGERS, BOMA PROVIDES INFORMATION TO MEMBER DEVELOPERS, OWNERS, ASSET AND PROPERTY MANAGERS AND ATTORNEYS, ADVOCACY AT THE LOCAL, STATE AND NATIONAL LEVEL AND PROFESSIONAL EDUCATION.REAL ESTATE FINANCE ASSOCIATION ("REFA")REFA PROVIDES FINANCIAL INFORMATION TO COMMERCIAL REAL ESTATE FINANCE PROFESSIONALS IN THE BANKING, INSURANCE, MORTGAGE BANKING AND BROKER, INVESTOR, ADVISOR, LEGAL, APPRAISER AND CONSULTING INDUSTRIES. REFA OFFERS A WIDE VARIETY OF MEMBER SERVICES INCLUDING INFORMATIVE INDUSTRY UPDATES, ROUNDTABLE DISCUSSIONS AND EDUCATION PROGRAMS.COMMERCIAL BROKERS ASSOCIATION ("CBA")THE LARGEST ORGANIZATION OF COMMERCIAL BROKERS IN MASSACHUSETTS, CBA PROVIDES MEMBERS WITH A VARIETY OF INFORMATIVE PROGRAMS, CONTINUING EDUCATION AND INDUSTRY UPDATES. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 33 0 1 30 1 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X GREGORY VASIL CEO 6173997862 THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 KAREN FISH-WILL CHAIR 2.00 0.50 X X 0 0 0 ANDREW ROSEN CHAIR - ELECT 2.00 0.50 X X 0 0 0 LYNN BORA TREASURER 1.00 0.50 X X 0 0 0 KATE FRANCO CLERK/ASST. TREASURER 1.00 0.50 X X 0 0 0 MICHAEL S EDWARD FINANCE CHAIR 1.00 0.50 X 0 0 0 RICHARD J HENKEN DIRECTOR 1.00 0.50 X 0 0 0 SETH SKOLNICK DIRECTOR 1.00 0.50 X 0 0 0 MARIA FARIAS DIRECTOR 1.00 0.50 X 0 0 0 WILLIAM FLYNN DIRECTOR 1.00 0.50 X 0 0 0 LAUREN O'NEIL DIRECTOR 1.00 0.50 X 0 0 0 JENNIFER MURPHY DIRECTOR 1.00 0.50 X 0 0 0 PETER J LEWIS DIRECTOR 1.00 0.50 X 0 0 0 PETER EVANS DIRECTOR 1.00 0.50 X 0 0 0 ALISON POWERS DIRECTOR 1.00 0.50 X 0 0 0 DINO CONFALONE DIRECTOR 1.00 0.50 X 0 0 0 MELVIN A VIEIRA JR DIRECTOR 1.00 0.50 X 0 0 0 ALISON SOCHA DIRECTOR 1.00 0.50 X 0 0 0 GAIL LOCKBERG DIRECTOR 1.00 0.50 X 0 0 0 KIM M SEAWRIGHT DIRECTOR 1.00 0.50 X 0 0 0 TANISHA N SALMON DIRECTOR 1.00 0.50 X 0 0 0 TOM TRUONG DIRECTOR 1.00 0.50 X 0 0 0 NEDA VANDER STOEP DIRECTOR 1.00 0.50 X 0 0 0 ERIKA E CLARKE DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL DIMELLA DIRECTOR 1.00 0.50 X 0 0 0 WILLIAM DERMODY DIRECTOR 1.00 0.50 X 0 0 0 ADAM KOZOL DIRECTOR OF FINANCE 36.00 4.00 X 126700 0 32097 GREGORY VASIL CEO 40.00 4.00 X 321000 0 38892 PATRICIA BAUMER DIRECTOR OF GOVT. AFFAIRS 40.00 0.50 X 119469 0 14054 JOHN DULCZEWSKI EXECUTIVE DIRECTOR 40.00 0.50 X 167287 0 15819 ADRIENNE MALEY EXECUTIVE DIRECTOR 40.00 0.50 X 177984 0 16173 912440 0 117035 5 0 1 0 0 4095321 388422 4483743 FUNCTIONS & EDUCATION 900099 1644855 1644855 1644855 43545 43545 269612 16858 252754 252754 MLS INCOME 900099 126382 126382 MANAGEMENT FEES 900099 22055 22055 228216 228216 376653 6801550 2274262 0 43545 461540 518689 1767290 74975 170204 38600 55150 129364 12988 202424 190208 277459 491487 60190 1073593 240506 98348 36997 UTILITIES 51987 DUES & SUBSCRIPTIONS 33473 SPECIAL PROJECT 30580 REPAIR & MAINTENACE 24644 3668 6044364 1865251 1512206 2060293 2661412 253973 218456 186660 222154 2921827 1586949 1425593 1334878 2863896 4140404 8655666 10089510 708935 791454 1737169 1653361 92682 440365 2538786 2885180 X 6116880 7204330 6116880 7204330 8655666 10089510 757186 330264 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 4095322 129364 129364 330139 -200775 403700 403700 426300 80516 345784 1489054 1417011 72043 602773 89422 513351 1334878 DUE TO GBREB FOUNDATION 410233 DEFERRED RENT 30132 440365 X 7148672 330264 16858 347122 6801550 0 6801550 6061222 16858 16858 6044364 0 6044364 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST THREE YEARS AFTER THE DATE OF THE FILING OF THE RELATED RETURN. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 16,858. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 16,858. 1 GREATER BOSTON REAL ESTATE BOARD FOUNDATION THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 223299681 501(C)(3) 461540 0 TO FUND THE SCHOLARSHIP PROGRAM 1 0 PART I, LINE 2: FOR GRANTS MADE TO HOUSING RELATED CHARITIES, CHARITIES SUBMIT A WRITTEN PROPOSAL EXPLAINING WHY THEY SHOULD BE SELECTED AND WHAT THE CONTRIBUTION WILL BE USED FOR. COMMITTEES OF GBREB EVALUATE THE PROPOSALS TO SELECT THE GRANT RECIPIENTS. X X X 0 0 0 GREGORY VASIL CEO 300000 0 21000 0 0 0 8700 0 30192 0 359892 0 0 0 ADRIENNE MALEY EXECUTIVE DIRECTOR 164800 0 13184 0 0 0 5340 0 10833 0 194157 0 0 0 JOHN DULCZEWSKI EXECUTIVE DIRECTOR 156287 0 11000 0 0 0 5019 0 10800 0 183106 0 0 0 ADAM KOZOL DIRECTOR OF FINANCE 113300 0 13400 0 0 0 3801 0 28296 0 158797 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN E-COPY OF THE FORM 990 IS E-MAILED TO THE BOARD MEMBERS PRIOR TO THE MONTHLY BOARD MEETING, IN TIME FOR THE BOARD TO REVIEW AND PREPARE QUESTIONS. THE DOCUMENT IS THEN REVIEWED BY THE CFO AND THE BOARD MEMBERS AT THE MONTHLY BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL TRUSTEES AND OFFICERS. SIGNED DISCLOSURE ARE RETURNED TO THE DIRECTOR OF FINANCE WHO REVIEWS THE FORMS FOR POTENTIAL CONFLICTS. AN INDIVIDUAL FOUND TO HAVE A CONFLICT WOULD BE BARRED FROM THE DISCUSSIONS OR VOTE ON THE CONFLICTING MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CEO, EXECUTIVE DIRECTOR(S), AND CFO WERE PAID BASED ON AVERAGE WAGES FOR SIMILAR POSITIONS AND YEARS OF EXPERIENCE. THE PROCESS INCLUDED THE FOLLOWING: * REVIEW AND APPROVAL BY A GOVERNING BODY OR COMPENSATION COMMITTEE, WITH NO PARTICIPATION BY INTERESTED PERSONS (INCLUDES FAMILY & BUSINESS ASSOCIATES). * USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. * CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC UPON REQUEST IN WRITING OR IN PERSON TO GREATER BOSTON REAL ESTATE BOARD. THE DIRECTOR OF FINANCE WILL PROVIDE THE INFORMATION. GREATER BOSTON REAL ESTATE BOARD FOUNDATION 3 CENTER PLAZA BOSTON MA 02108 223299681 TO MAKE GRANTS TO CHARITABLE ORGANIZATION IN GREATER BOSTON. MA 501(C)(3) 7 GREATER BOSTON REAL ESTATE BOARD 1 GREATER BOSTON REAL ESTATE BOARD - PAC 3 CENTER PLAZA BOSTON MA 02108 043468188 POLITICAL ACTION COMMITTEE MA 527 N/A GREATER BOSTON REAL ESTATE BOARD 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 GREATER BOSTON REAL ESTATE BOARD FOUNDATION B 461540 BOOK GREATER BOSTON REAL ESTATE BOARD FOUNDATION E 410233 BOOK