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      <Form990PartVIISectionA>
        <NamePerson>JOHN DULCZEWSKI</NamePerson>
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        <ReportableCompFromOrganization>111268</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>9670</OtherCompensation>
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      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>47889</TotalOtherCompensation>
      <NumberIndividualsGT100K>4</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>1</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <MembershipDues>3929878</MembershipDues>
      <TotalContributions>3929878</TotalContributions>
      <ProgramServiceRevenue>
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        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>2025205</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2025205</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>ENERGY BUYING GRP-RHA</Description>
        <BusinessCode>541900</BusinessCode>
        <TotalRevenueColumn>20000</TotalRevenueColumn>
        <UnrelatedBusinessRevenue>20000</UnrelatedBusinessRevenue>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>2045205</TotalProgramServiceRevenue>
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        <TotalRevenueColumn>53471</TotalRevenueColumn>
        <ExclusionAmount>53471</ExclusionAmount>
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        <RelatedOrExemptFunctionIncome>156699</RelatedOrExemptFunctionIncome>
      </NetIncomeOrLoss>
      <TotalRevenue>
        <TotalRevenueColumn>6185253</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2181904</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>20000</UnrelatedBusinessRevenue>
        <ExclusionAmount>53471</ExclusionAmount>
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      <CompCurrentOfficersDirectors>
        <Total>588430</Total>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>1110239</Total>
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      <PensionPlanContributions>
        <Total>50111</Total>
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        <Total>130394</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>126754</Total>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>35281</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>42000</Total>
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      <FeesForServicesLobbying>
        <Total>60533</Total>
      </FeesForServicesLobbying>
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        <Total>202817</Total>
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        <Total>97742</Total>
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      <Occupancy>
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        <Total>73695</Total>
      </DepreciationDepletion>
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        <Description>EVENTS AND FUNCTIONS</Description>
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      <OtherExpenses>
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      <OtherExpenses>
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      <LandBldgEquipmentAccumDeprec>453289</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
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        <EOY>207137</EOY>
      </LandBuildingsEquipmentBasisNet>
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        <EOY>1579224</EOY>
      </InvestmentsOtherSecurities>
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        <BOY>4478853</BOY>
        <EOY>4753666</EOY>
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      <AccountsPayableAccruedExpenses>
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        <EOY>1168971</EOY>
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      <DeferredRevenue>
        <BOY>828657</BOY>
        <EOY>1002041</EOY>
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      <OtherLiabilities>
        <BOY>2468</BOY>
        <EOY>46192</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>2107571</BOY>
        <EOY>2217204</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>2336282</BOY>
        <EOY>2536462</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>35000</BOY>
        <EOY>0</EOY>
      </TemporarilyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>2371282</BOY>
        <EOY>2536462</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>4478853</BOY>
        <EOY>4753666</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>165180</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <InfoInScheduleOPartXII>X</InfoInScheduleOPartXII>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleC documentId="RetDoc1039700001">
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      <OnlyInHouseLobbying>1</OnlyInHouseLobbying>
      <AgreeToCarryoverPriorYear>0</AgreeToCarryoverPriorYear>
    </IRS990ScheduleC>
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        <OtherCostOrOtherBasis>660426</OtherCostOrOtherBasis>
        <Depreciation>453289</Depreciation>
        <BookValue>207137</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>207137</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>MONEY MARKET FUNDS</Description>
        <BookValue>26698</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>GOVERNMENT BONDS</Description>
        <BookValue>779907</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>CORPORATE BONDS</Description>
        <BookValue>772619</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>1579224</TotalOfBookValueSecurities>
      <OtherLiabilities>
        <Description>ACCRUED RENT</Description>
        <Amount>46192</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>46192</TotalOfAmounts>
      <TotalRevenue>6185253</TotalRevenue>
      <TotalExpenses>6020073</TotalExpenses>
      <ExcessOrDeficitForYear>165180</ExcessOrDeficitForYear>
      <TotalAdjustments>0</TotalAdjustments>
      <ExcessOrDeficitPerFS>165180</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>4798635</TotRevenueEtcAuditedFinclStmt>
      <OtherRevenues>100382</OtherRevenues>
      <RevenueNotRptdF990>100382</RevenueNotRptdF990>
      <RevenueSubtotal>4698253</RevenueSubtotal>
      <OtherRevenuesNotIncluded>1487000</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>1487000</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>6185253</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>4633455</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>100382</OtherExpensesIncluded>
      <ExpensesNotRptdF990>100382</ExpensesNotRptdF990>
      <ExpensesSubtotal>4533073</ExpensesSubtotal>
      <OtherExpensesNotIncluded>1487000</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>1487000</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>6020073</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>UNCERTAIN TAX POSITIONS: THE BOARD 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 BOARD HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE BOARD HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE BOARD IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST 3 YEARS AFTER THE DATE OF FILING OF THE RELATED RETURN.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 100,382.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>DUES COLLECTED FOR STATE &amp; NATIONAL ASSOCIATIONS - NETTED ON FINANCIAL STATEMENTS 1,487,000.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 100,382.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>DUES COLLECTED FOR STATE &amp; NATIONAL ASSOCIATIONS - NETTED ON FINANCIAL STATEMENTS 1,487,000.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <SubstantiationRequired>1</SubstantiationRequired>
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>GREGORY VASIL</NamePerson>
        <BaseCompensationFilingOrg>196090</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>6000</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>6180</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>13366</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>221636</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>AT THE FIRST MEETING OF THE BOARD OF DIRECTORS IN FEBRUARY OF EACH YEAR, THE POLICY IS READ AND EACH DIRECTOR/TRUSTEE IS ASKED TO SIGN THE CONFLICT OF INTEREST POLICY. THE TERMS OF THE POLICY REQUIRE THEM TO DISCLOSE ANY CONFLICTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>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 &amp; 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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>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, AND THE DIRECTOR OF FINANCE WILL PROVIDE THE INFORMATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>LINE 2C-DOES ORGANIZATION HAVE A COMMITTEE THAT ASSUMES OVERSIGHT OF AUDIT?</Identifier>
        <ReturnReference>FORM 990, PAGE 12, PART XI - FINANCIAL STMTS &amp; REPORTING</ReturnReference>
        <Explanation>THERE HAVE BEEN NO CHANGES IN THE COMMITTEE'S RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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        <NameOfDisregardedEntity>
          <BusinessNameLine1>GREATER BOSTON REAL ESTATE BOARD FOUNDATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1 CENTER PLAZA</AddressLine1>
          <City>BOSTON</City>
          <State>MA</State>
          <ZIPCode>02108</ZIPCode>
        </AddressUS>
        <EIN>223299681</EIN>
        <PrimaryActivities>TO MAKE GRANTS TO CHARITABLE ORGANIZATION IN GREATER BOSTON.</PrimaryActivities>
        <LegalDomicileState>MA</LegalDomicileState>
        <ExemptCodeSection>SECTION 501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>7</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>GREATER BOSTON REAL ESTATE BOARD - PAC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1 CENTER PLAZA</AddressLine1>
          <City>BOSTON</City>
          <State>MA</State>
          <ZIPCode>02108</ZIPCode>
        </AddressUS>
        <EIN>043468188</EIN>
        <PrimaryActivities>POLITICAL ACTION COMMITTEE</PrimaryActivities>
        <LegalDomicileState>MA</LegalDomicileState>
        <ExemptCodeSection>SECTION 527</ExemptCodeSection>
        <PublicCharityStatus>N/A</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
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