Overview
What is Real Estate Bar Association Foundation Inc?
Real Estate Bar Association Foundation Inc, situated in Boston, Massachusetts, is a nonprofit organization that primarily focuses on enlightening individuals about the intricacies of real estate law. Their significant activities include creating educational programs and materials, aiming to foster fair dealing among members of the conveyancing bar. In addition, they support or co-sponsor educational programs organized by REBA Dispute Resolution Inc. and publish course handbooks, syllabi, and other educational materials to further their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Real Estate Bar Association Foundation Inc has received a solid rating of 79%, which reflects its commitment to accountability and financial transparency. This score is derived entirely from a single beacon score, focusing on Accountability & Finance, indicating a strong emphasis on governance and resource management. The organization boasts a majority independent board, with 57% of its members being independent, which is essential for unbiased decision-making.
Financially, the foundation shows a robust program expense ratio of 95.98%, meaning that nearly all of its expenditures go directly towards its programs. This efficient allocation of resources is complemented by well-implemented policies, including a conflict of interest and whistleblower policies, both of which are fully listed and rated positively. However, while the organization excels in these areas, the overall rating suggests there may be room for improvement in other aspects of its operations or outreach.
This AI summary has been generated from information found on Charity Navigator.
Is Real Estate Bar Association Foundation Inc legitimate?
Real Estate Bar Association Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Estate Bar Association Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Real Estate Bar Association Foundation Inc?
The Real Estate Bar Association Foundation Inc's primary mission is to support the educational initiatives of REBA Dispute Resolution Inc. This is accomplished by sponsoring or co-sponsoring their educational programs and publishing various educational materials, such as course handbooks and syllabi. The goal of these activities is to educate individuals about the practice of real estate law and promote fair dealing among members of the conveyancing bar, thereby fostering a professional and ethical environment in the real estate sector.
Who is the CEO of Real Estate Bar Association Foundation Inc?
Peter Wittenborg is the Treasurer of Real Estate Bar Association Foundation Inc.
What is the revenue of Real Estate Bar Association Foundation Inc?
Real Estate Bar Association Foundation Inc's revenue in 2022 was $194,159.
Who are the executives of Real Estate Bar Association Foundation Inc and what are their salaries?
There 20 volunteers at Real Estate Bar Association Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $210,578
- Other: $519
- Compensation: $0
- Related: $97,286
- Other: $7,634
- Compensation: $0
- Related: $84,375
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Real Estate Bar Association Foundation Inc?
Real Estate Bar Association Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Real Estate Bar Association Foundation Inc
Real Estate Bar Association Foundation Inc, as per its mission, plays a crucial role in sponsoring and co-sponsoring all educational programs initiated by REBA Dispute Resolution Inc. Beyond this, the foundation also engages in publishing course handbooks, syllabi, and various educational materials. The primary objective of these activities is to promote fair dealing within the conveyancing bar and educate individuals about the practice of real estate law. By doing so, the Real Estate Bar Association Foundation Inc aims to foster an environment of understanding and transparency among its members, thereby contributing to the overall integrity of the real estate legal field.
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Impact
October, 2024
Real Estate Bar Association Foundation Inc significantly impacts the field of real estate law through its dedication to education and fair practices. By creating and disseminating educational programs and materials, the organization enhances the knowledge and skills of individuals involved in real estate transactions. This not only promotes a deeper understanding of the legal landscape but also fosters an environment of fair dealing among members of the conveyancing bar. Their initiatives help ensure that real estate professionals are well-equipped to navigate complex legal issues, thereby contributing to a more informed and ethical practice in the industry. Through the sponsorship of educational programs and the publication of essential resources, the foundation plays a vital role in advancing the professionalism and integrity of real estate law.
This information is meant to be a general summary of Real Estate Bar Association Foundation Inc. 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.
- Program Service Revenue: $194,030
- Gross Receipts: $194,159
Assets and Liabilities:
- Total Assets: $4,273
- Total Liabilities: $179,053
- Net Assets: -$174,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE INCOME
Revenue
$194,030
Organization Details
Founding Year
1997
Phone
(617) 854-7555Principal Officer
Peter Wittenborg
Main Address
295 DEVONSHIRE STREET 6TH FLOOR, BOSTON, MA, 02110
NTEE Category
Code: B60 - Education
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