2020-10-20T11:07:15-05:00 2019-12-31 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2019-01-01 041107040 GREATER BOSTON REAL ESTATE BOARD GREA 6174238700 THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 GREGORY VASIL CEO 6174238700 2020-09-29 1 CRAIG KLEIN P00734640 6177610600 2020-09-29 207.172.72.163 2020-09-29 14:53:42 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AAFE5242E44AA74A98A743050A15125E154A43A4 2019 2021-04-22 16:20:28Z GREGORY VASIL THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 6927261 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 33 150 0 0 3644014 3726833 2392082 2633457 58993 29102 658775 518182 6753864 6907574 111600 144400 0 0 2642008 2784234 0 0 0 4022829 3862750 6776437 6791384 -22573 116190 7224333 7817966 2691643 2679744 4532690 5138222 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 3151639 ADVOCATED, EDUCATED, INFORMED AND SERVED MEMBERS OF THE REAL ESTATE INDUSTRY.FOUNDED IN 1889, THE GREATER BOSTON REAL ESTATE BOARD COUNTS AS ITS MEMBERS MORE THAN 11,000 PROFESSIONALS ENGAGED IN ALL SECTORS OF THE INDUSTRY. ONE OF THE LOCAL BOARDS OF THE NATIONAL ASSOCIATION OF REALTORS' (THE LARGEST TRADE ASSOCIATION IN NORTH AMERICA), BOMA INTERNATIONAL AND THE NATIONAL APARTMENT ASSOCIATION, GBREB IS CONSIDERED UNIQUE NATIONALLY DUE TO ITS VARIED MEMBERSHIP BASE. THE BOARD ALSO HAS FIVE MAJOR DIVISIONS WHICH ARE: THE BUILDING OWNERS AND MANAGERS ASSOCIATION (BOMA) IS A FEDERATED AFFILIATE OF BOMA INTERNATIONAL AND IS THE 3RD LARGEST LOCAL OF BOMA'S 92 AFFILIATES. WITH A MEMBERSHIP OF OVER 670, BOMA BOSTON PROVIDES MEMBERS WITH QUALITY EDUCATIONAL PROGRAMS, NETWORKING & VISIBILITY OPPORTUNITIES. BOMA BOSTON'S MISSION IS TO PROMOTE EXCELLENCE IN COMMERCIAL REAL ESTATE OWNERSHIP, MANAGEMENT, AND OPERATIONS.COMMERCIAL BROKERS ASSOCIATION (CBA): REPRESENTS OVER 375 MEMBERS IN THE COMMERCIAL BROKERAGE COMMUNITY THROUGHOUT MASSACHUSETTS. CBA IS DEEPLY COMMITTED TO EDUCATING, PROMOTING PROFESSIONALISM AND ENCOURAGING THE SHARING OF IDEAS AND KNOWLEDGE.REAL ESTATE FINANCE ASSOCIATION (REFA), IS A COMMERCIAL REAL ESTATE BUSINESS ASSOCIATION PROVIDING MEMBERS WITH HIGH QUALITY NETWORKING AND EDUCATIONAL OPPORTUNITIES. REFA STRIVES TO MAINTAIN ITS REPUTATION FOR EXCELLENCE BY PROMOTING THE EXCHANGE OF INFORMATION BETWEEN PROFESSIONALS IN THE REAL ESTATE FINANCE COMMUNITY, AND FOSTERING A PLATFORM FOR GROWTH AND DEVELOPMENT FOR ITS EMERGING LEADER MEMBERSHIP.RENTAL HOUSING ASSOCIATION: THE RENTAL HOUSING ASSOCIATION (RHA), AN AFFILIATE OF THE NATIONAL APARTMENT ASSOCIATION, CONSISTS OF OVER 575 MEMBERS WHO OWN, MANAGE, DEVELOP OR SUPPLY GOODS AND SERVICES TO MULTI-FAMILY PROPERTIES IN MASSACHUSETTS. RHA IS THE INDUSTRY LEADING TRADE ASSOCIATION, PROVIDING EFFECTIVE ADVOCACY, EDUCATION AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. GREATER BOSTON ASSOCIATION OF REALTORS: THE GREATER BOSTON ASSOCIATION OF REALTORS (GBAR) IS COMPRISED OF OVER 9,000 RESIDENTIAL REAL ESTATE AGENTS, BROKERS, AND INDUSTRY AFFILIATES IN A TERRITORY THAT INCLUDES 64 COMMUNITIES IN EASTERN MASSACHUSETTS. GBAR IS A LOCAL CHAPTER OF THE NATIONAL ASSOCIATION OF REALTORS (NAR)- THE LARGEST TRADE ASSOCIATION IN AMERICA AND RANKS AS THE LARGEST LOCAL REALTOR ASSOCIATION IN NEW ENGLAND AND ONE OF THE TOP 25 LARGEST NATIONALLY. GBAR PROVIDES PROFESSIONAL DEVELOPMENT COURSES, STANDARD FORMS, MARKET DATA REPORTS, BROKERAGE COUNSELING, LEGISLATIVE AND REGULATORY REPRESENTATION, DISPUTE RESOLUTION SERVICES AS WELL AS INDUSTRY RECOGNITION AWARDS. REALTORS SUBSCRIBE TO THE STRICT CODE OF ETHICS OF NAR. 0 0 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 53 0 1 33 0 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 ERIKA E CLARKE CHAIR 3.00 1.00 X X 0 0 0 WILLIAM DERMODY CHAIRMAN-ELECT 2.00 0.50 X X 0 0 0 KAREN FISH-WILL TREASURER 2.00 0.50 X X 0 0 0 ANDREW ROSEN CLERK/ASST. TREASURER 1.00 0.50 X X 0 0 0 KRISTIN BLOUNT DIRECTOR 1.00 0.50 X 0 0 0 ROGER BRESLIN DIRECTOR 1.00 0.50 X 0 0 0 SHAWN CARROLL DIRECTOR 1.00 0.50 X 0 0 0 LAURIE CADIGAN DIRECTOR 1.00 0.50 X 0 0 0 KEITH CORRIVEAU DIRECTOR 1.00 0.50 X 0 0 0 TRAVIS D'AMATO DIRECTOR 1.00 0.50 X 0 0 0 MICHAEL DIMELLA DIRECTOR 1.00 1.00 X 0 0 0 MIKE EDWARD FINANCE CHAIR 1.00 0.50 X 0 0 0 KATE FRANCO DIRECTOR 1.00 0.50 X 0 0 0 MICHAEL FRISOLI DIRECTOR 1.00 0.50 X 0 0 0 JASON GELL DIRECTOR 1.00 0.50 X 0 0 0 RICHARD J HENKEN DIRECTOR 1.00 0.50 X 0 0 0 MARK HUTCHINSON DIRECTOR 1.00 0.50 X 0 0 0 GAIL LOCKBERG DIRECTOR 1.00 0.50 X 0 0 0 JAMES MAJOR DIRECTOR 1.00 0.50 X 0 0 0 DAVID O'NEIL DIRECTOR 1.00 0.50 X 0 0 0 LAUREN D PATON CPM DIRECTOR 1.00 0.50 X 0 0 0 CLAUDIA PIPER DIRECTOR 1.00 0.50 X 0 0 0 MARIE PRESTI DIRECTOR 1.00 0.50 X 0 0 0 SCOTT RICKARDS DIRECTOR 1.00 0.50 X 0 0 0 NEDA VANDER STOEP DIRECTOR 1.00 0.50 X 0 0 0 PAUL AYOUB ESQ DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 RICHARD BEAL DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 LYNN BORA DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 AMY BUSH DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 JOHN DOLAN DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 DAVID MCCARTHY DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 MELODY SKYE-ROLOFF DIRECTOR (UNTIL FEB. '19) 1.00 0.50 X 0 0 0 GREGORY VASIL CEO 40.00 4.00 X 281535 0 37755 THOMAS DOYLE DIRECTOR OF FINANCE 36.00 4.00 X 101475 0 14745 PATRICIA BAUMER DIRECTOR OF GOVT. AFFAIRS 40.00 0.50 X 106882 0 13722 JOHN DULCZEWSKI EXECUTIVE DIRECTOR 40.00 0.50 X 139602 0 15388 ADRIENNE MALEY EXECUTIVE DIRECTOR 40.00 0.50 X 149187 0 15687 WILLIAM MULLEN LEGAL COUNSEL 40.00 0.50 X 116127 0 13960 894808 0 111257 6 0 1 0 0 3726833 3726833 FUNCTIONS & EDUCATION 900099 2633457 2633457 2633457 29102 29102 241565 19687 221878 221878 MLS INCOME 900099 130612 130612 MANAGEMENT FEES 900099 36312 36312 129380 129380 296304 6907574 3151639 0 29102 144400 435510 1875963 296054 176707 90610 57258 129352 213783 292154 243079 365046 177986 1407817 227017 129700 30125 EQUIPMENT RENTAL/MAINT. 85439 TELEPHONE 48919 SUPPLIES 48884 POSTAGE & SHIPPING 21541 294040 6791384 332825 359233 1756320 1958780 299586 306460 241425 196799 2874595 1389296 1602100 1485299 2992077 3511395 7224333 7817966 1012056 894567 1602257 1758330 77330 26847 2691643 2679744 X 4532690 5138222 4532690 5138222 7224333 7817966 116190 489342 0 X 0 1 X 1 0 0 0 0 3726833 129352 129352 249673 -120321 403700 403700 426300 52096 374204 1441822 1287822 154000 602773 49378 553395 1485299 DUE TO GBREB FOUNDATION 26847 26847 X 7416603 489342 19687 509029 6907574 0 6907574 6811071 19687 19687 6791384 0 6791384 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 19,687. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 19,687. 1 GREATER BOSTON REAL ESTATE BOARD FOUNDATION THREE CENTER PLAZA MEZZANINE SUITE BOSTON MA 02108 223299681 501(C)(3) 144400 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 267035 0 14500 0 0 0 8400 0 29355 0 319290 0 0 0 JOHN DULCZEWSKI EXECUTIVE DIRECTOR 132017 0 7585 0 0 0 4779 0 10609 0 154990 0 0 0 ADRIENNE MALEY EXECUTIVE DIRECTOR 141187 0 8000 0 0 0 5045 0 10642 0 164874 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 N/A 1 GREATER BOSTON REAL ESTATE BOARD - PAC 3 CENTER PLAZA BOSTON MA 02108 043468188 POLITICAL ACTION COMMITTEE MA 527 N/A N/A 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 144400 BOOK