Overview
What is Greater Boston Real Estate Board?
The Greater Boston Real Estate Board is a long-standing, non-profit organization established in 1889, serving the real estate industry in Massachusetts. Its mission is to advocate, educate, inform, and serve its members through various divisions, including the Greater Boston Association of REALTORS, Massachusetts Apartment Association, Building Owners and Managers Association, Real Estate Finance Association, and Commercial Brokers Association. Each division offers specialized services such as education programs, industry standards, legislative representation, and financial information. The Board is committed to upholding high ethical standards, monitoring legislation, protecting private property rights, and providing continuous education to its members. In summary, Greater Boston Real Estate Board is a comprehensive resource for the real estate industry in Massachusetts, providing services, education, and advocacy across different sectors, all with the aim of promoting ethical standards and serving its members effectively.
Official website here: www.gbreb.com
Is Greater Boston Real Estate Board legitimate?
Greater Boston Real Estate Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Boston Real Estate Board submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $516,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,809,793
For more financial information, click here
Official website here: www.gbreb.com
What is the mission statement of Greater Boston Real Estate Board?
The Greater Boston Real Estate Board was established as a non-profit organization with the primary goal of advocating, educating, and serving members of the real estate industry. The board continues to uphold high ethical standards in all real estate transactions and monitors legislative measures affecting real estate. It actively protects private property rights and administers an arbitration process for settling business disputes. Furthermore, the board provides exceptional continuing education opportunities for its members. In essence, the Greater Boston Real Estate Board aims to support and empower its members while maintaining integrity and promoting growth within the real estate sector.
Official website here: www.gbreb.com
Who is the CEO of Greater Boston Real Estate Board?
Gregory Vasil is the Chair of Greater Boston Real Estate Board. The CEO's salary of Greater Boston Real Estate Board is $321,360 and their total compensation is $362,193.
Official website here: www.gbreb.com
What is the revenue of Greater Boston Real Estate Board?
Greater Boston Real Estate Board's revenue in 2022 was $7,553,942.
Official website here: www.gbreb.com
Who are the executives of Greater Boston Real Estate Board and what are their salaries?
The average compensation at Greater Boston Real Estate Board during 2022 was $77,560. There are 30 employees and 150 volunteers at Greater Boston Real Estate Board.
Here are 31 key members and their salaries (Greater Boston Real Estate Board's CEO's salary is $321,360 and their total compensation is $362,193):
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- Compensation: $121,367
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- Compensation: $321,360
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- Compensation: $119,603
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- Compensation: $176,534
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- Other: $16,691
- Compensation: $112,327
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- Other: $14,178
Official website here: www.gbreb.com
Where can I find the form 990 for Greater Boston Real Estate Board?
Greater Boston Real Estate Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gbreb.com
Learn more at the official website: www.gbreb.com
Mission Statement of Greater Boston Real Estate Board
The Greater Boston Real Estate Board, a not-for-profit organization, was established with a mission to advocate, educate, and serve members of the real estate industry. This mission is not limited to mere advocacy but also involves fostering and promoting high ethical standards in all real estate transactions. The board monitors legislative measures affecting real estate and safeguards private property rights. Furthermore, it administers an arbitration process to settle business disputes within the industry. The Greater Boston Real Estate Board is committed to providing outstanding continuing education for its members, ensuring they remain informed and equipped to navigate the dynamic real estate landscape. The organization's mission is instrumental in maintaining a robust and ethical real estate sector, benefiting both its members and the broader community.
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Impact
October, 2024
The Greater Boston Real Estate Board plays a crucial role in advocating for and supporting the real estate industry in the Boston area. Established in 1889, it is the oldest and largest real estate board in Massachusetts, representing diverse stakeholders through its various divisions.
Through the Greater Boston Association of Realtors (GBAR), the Board fosters professional development by offering educational programs, guidance on ethical practices, and conflict resolution services. The Massachusetts Apartment Association (MAA) protects the rights of rental housing owners and managers, while the Building Owners and Managers Association (BOMA) delivers essential advocacy and professional education for commercial building stakeholders. The Real Estate Finance Association (REFA) provides financial insights and industry updates for finance professionals, ensuring an informed membership. Meanwhile, the Commercial Brokers Association (CBA) supports commercial brokers with informative programs and continuing education.
The Board's impact extends to monitoring legislative measures that influence the real estate landscape, thereby protecting private property rights and promoting high ethical standards in transactions. By serving as a hub for education, advocacy, and support, the Greater Boston Real Estate Board strengthens the real estate community, enhancing its overall integrity and effectiveness.
This information is meant to be a general summary of Greater Boston Real Estate Board. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $59,175
- Program Service Revenue: $2,384,123
- Gross Receipts: $7,567,042
Assets and Liabilities:
- Total Assets: $11,077,107
- Total Liabilities: $3,669,853
- Net Assets: $7,407,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNCTIONS & EDUCATION
Revenue
$2,384,123
Organization Details
Founding Year
1889
Phone
(617) 423-8700Principal Officer
Gregory Vasil
Main Address
THREE CENTER PLAZA MEZZANINE SUITE, BOSTON, MA, 02108
Website
www.gbreb.comNTEE Category
Code: S47 - Community improvement
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