GREATER BOSTON REAL ESTATE BOARD: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GREATER BOSTON REAL ESTATE BOARD (EIN 04-1107040)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-10-09
- IRS object ID
- 201312829349300531
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-09T14:04:16-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263753134 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ TOFIAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041107040 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER BOSTON REAL ESTATE BOARD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GREA | NameControl |
| Phone | 6174238700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CENTER PLAZA MEZZANINE SUITE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02108 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY VASIL | Name |
| Title | CEO | Title |
| Phone | 6174238700 | Phone |
| Date Signed | 2013-10-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH M GISO CPA MST | Name |
| PTIN | P00030126 | PTIN |
| Phone | 6177610600 | Phone |
| Date Prepared | 2013-09-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GREGORY VASIL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CENTER PLAZA MEZZANINE SUITE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7195949 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.GBREB.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1889 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 32 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 20000 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 17480 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3958237 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4640984 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2232938 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2243489 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 31093 | InvestmentIncomePriorYear |
| Investment Income Current Year | 62868 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 184416 | OtherRevenuePriorYear |
| Other Revenue Current Year | 160334 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6406684 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7107675 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 70000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 47751 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2076749 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2103214 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3911658 | OtherExpensePriorYear |
| Other Expenses Current Year | 4749895 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6058407 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6900860 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 348277 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 206815 | RevenuesLessExpensesCY |
| Total Assets BOY | 5215439 | TotalAssetsBOY |
| Total Assets EOY | 5373906 | TotalAssetsEOY |
| Total Liabilities BOY | 2330700 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2282352 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2884739 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3091554 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | 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 8,000 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: BUILDING OWNERS AND MANAGERS ASSOCIATION BOMA, BOSTON PROVIDES OWNERS AND MANAGERS OF COMMERCIAL REAL ESTATE, OTHER INDUSTRY MEMBERS AND THE COMPANIES WHO SUPPORT THEM THE BEST PROFESSIONAL KNOWLEDGE AND NETWORKING OPPORTUNITIES IN THE MARKET. COMMERCIAL BROKERS ASSOCIATION CBA REPRESENTS OVER 300 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 THE REAL ESTATE FINANCE ASSOCIATION (REFA) IS THE INDUSTRY LEADER IN BRINGING TOGETHER THE BEST PEOPLE AND INFORMATION IN REAL ESTATE FINANCE. REFA PROVIDES QUALITY EDUCATION PROGRAMS AND NETWORKING OPPORTUNITIES FOR REAL ESTATE PROFESSIONALS THROUGHOUT THE GREATER BOSTON AREA. RENTAL HOUSING ASSOCIATION THE RENTAL HOUSING ASSOCIATION (RHA), AN AFFILIATE OF THE NATIONAL APARTMENT ASSOCIATION, CONSISTS OF OVER 525 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) REPRESENTS OVER 5,000 REAL ESTATE PROFESSIONALS THROUGHOUT THE GREATER BOSTON AND EASTERN MASSACHUSETTS AREA AND IS ONE OF THE LOCAL BOARDS OF THE NATIONAL ASSOCIATION OF REALTORS - THE LARGEST TRADE ASSOCIATION IN AMERICA. GBAR PROVIDES PROFESSIONAL DEVELOPMENT COURSES, STANDARD FORMS, LEGAL REPORTS AND UPDATES, BROKERAGE COUNSELING, LEGISLATIVE AND REGULATORY REPRESENTATION, ETHICS, MEDIATION AND ARBITRATION SERVICES, AS WELL AS RECOGNITION AWARDS. REALTORS SUBSCRIBE TO THE STRICT CODE OF ETHICS OF THE NATIONAL ASSOCIATION OF REALTORS | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 35 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 32 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREGORY VASIL CEO | NamePerson |
| Telephone Number | 6174238700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CENTER PLAZA MEZZANINE SUITE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02108 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (29 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ROBERT SHORTSLEEVE JR CRB | |||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| ROBERT M BRIERLEY | |||||||
| CHAIRMAN ELECT | 1.00 | X | X | 0 | 0 | 0 | |
| GORDON PULSIFER | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| RICHARD BEAL | |||||||
| ASSISTANT TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| MARCI GIFFITH LOEBER | |||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 | |
| MICHAEL DIMELLA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD J HENKEN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ERIKA EICHNER CLARKE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN SULLIVAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN P BRODSKY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN J BOYLE III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM R DERMONDY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN MCDONOUGH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DIANE HIGGINS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| AMLETTO MARTOCCHIA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PAUL YORKIS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN RANCO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PAUL TURCOTTE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JESSE MACDONALD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES H LERNER ESQ | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL HUSSEY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KAREN FISH-WILL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LYNN BORA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES A CANFIELD | |||||||
| PAC CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS O'BRIEN | |||||||
| DIRECTOR | 1.00 | X | X | 0 | 0 | 0 | |
| GREGORY VASIL | |||||||
| CEO | 50.00 | X | 216528 | 0 | 23611 | ||
| THOMAS DOYLE | |||||||
| DIRECTOR OF FINANCE | 40.00 | X | 111554 | 0 | 11254 | ||
| JOHN LAFFERTY | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 121237 | 0 | 19648 | X | ||
| JOHN DULCZEWSKI | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 114232 | 0 | 11305 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 563551 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 65818 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 4440984 | MembershipDues |
| All Other Contributions | 200000 | AllOtherContributions |
| Total Contributions | 4640984 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| FUNCTIONS, EDUCATION | 900099 | 2223489 | 2223489 | |
| ENERGY BUYING GRP-RHA | 541900 | 20000 | 20000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2243489 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62868 | TotalRevenueColumn |
| Exclusion | $62,868 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 235735 | GrossSalesOfInventory |
| Cost Of Goods Sold | 88274 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 147461 | TotalRevenueColumn |
| Related Or Exempt Function Income | 147461 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MANAGEMENT FEE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 12873 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12873 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 12873 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7107675 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2383823 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 20000 | UnrelatedBusinessRevenue |
| Exclusion | $62,868 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47751 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563551 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1160479 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52420 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201383 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125381 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74912 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47400 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80525 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58253 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155948 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106181 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307551 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49488 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39172 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2061497 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70837 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30077 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| EVENTS AND FUNCTIONS | 1054629 |
| EDUCATION | 171937 |
| EQUIPMENT RENTAL & MAIN | 47234 |
| POSTAGE & SHIPPING | 37521 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356733 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6900860 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263038 | BOY |
| EOY | 860115 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2610535 | BOY |
| EOY | 2214066 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 246379 | BOY |
| EOY | 194630 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90980 | BOY |
| EOY | 72934 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 696622 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 591344 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139918 | BOY |
| EOY | 105278 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1864589 | BOY |
| EOY | 1926883 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5215439 | BOY |
| EOY | 5373906 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1219988 | BOY |
| EOY | 1352243 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1021710 | BOY |
| EOY | 814187 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89002 | BOY |
| EOY | 115922 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2330700 | BOY |
| EOY | 2282352 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2884739 | BOY |
| EOY | 2891554 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 200000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2884739 | BOY |
| EOY | 3091554 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5215439 | BOY |
| EOY | 5373906 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 206815 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 1 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 696622 | OtherCostOrOtherBasis |
| Depreciation | 591344 | Depreciation |
| Book Value | 105278 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 105278 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS | 152263 | F |
| GOVERNMENT BONDS | 905238 | F |
| CORPORATE BONDS | 722817 | F |
| DOMESTIC EQUITIES | 75938 | F |
| FOREIGN EQUITIES | 70627 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1926883 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCRUED RENT | Description |
| Amount | $115,922 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 115922 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 5350017 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 88274 | OtherRevenues |
| Revenue Not Rptd F990 | 88274 | RevenueNotRptdF990 |
| Revenue Subtotal | 5261743 | RevenueSubtotal |
| Other Revenues Not Included | 1845932 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1845932 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7107675 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5143202 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 88274 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 88274 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5054928 | ExpensesSubtotal |
| Other Expenses Not Included | 1845932 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1845932 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6900860 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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 88,274. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | DUES COLLECTED FOR STATE & NATIONAL ASSOCIATIONS - NETTED ON FINANCIAL STATEMENTS 1,845,932. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 88,274. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DUES COLLECTED FOR STATE & NATIONAL ASSOCIATIONS - NETTED ON FINANCIAL STATEMENTS 1,845,932. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER BOSTON REAL ESTATE BOARD FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CENTER PLAZA MEZZANINE SUITE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 223299681 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 47751 | AmountOfCashGrant |
| Purpose Of Grant | TO FUND THE SCHOLARSHIP PROGRAM | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREGORY VASIL | NamePerson |
| Title | CEO | Title |
| Base Compensation Filing Org | 216528 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 6629 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 16982 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 240139 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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 BY REQUESTING THEM IN WRITING OR IN PERSON TO GREATER BOSTON REAL ESTATE BOARD. THE DIRECTOR OF FINANCE WILL PROVIDE THE INFORMATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| GREATER BOSTON REAL ESTATE BOARD FOUNDATION | ||||||||||
| 1 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 | ||||||||||
| 1 CENTER PLAZA | BOSTON | MA | 02108 | 043468188 | POLITICAL ACTION COMMITTEE | MA | 527 | N/A | N/A | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER BOSTON REAL ESTATE BOARD FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 47751 | AmountInvolved |
| Method Of Amt Determination | BOOK AMOUNT | MethodOfAmtDetermination |
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