The Real Estate Board Of New York Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131201480 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is The Real Estate Board Of New York Inc?

The Real Estate Board of New York Inc, established in 1896, is a prominent nonprofit organization headquartered in New York City that caters to the interests of real estate professionals. Their mission encompasses uniting members, protecting their mutual interests, maintaining ethical standards, advocating for public improvements, and promoting just and reasonable laws. REBNY provides valuable resources to its members, including access to various real estate professional education programs and state-certified courses for licensing, continuing education, and seminars to enhance skills. The organization's Policy & Planning Department researches and investigates essential issues, covering residential conversion trends and energy conservation techniques, among others. REBNY offers arbitration and mediation services to settle disputes and provides a listing service that shares available listings among its members. With a substantial collection of real estate-related information in its Seymour B. Durst Library, REBNY is an invaluable source for industry knowledge.


Official website here: www.rebny.com

What are the reviews and ratings of this charity?

The Real Estate Board Of New York Inc is not currently rated by Charity Navigator. This lack of a rating is due to its status as a non-501(c)(3) organization, which means it is ineligible for evaluation under Charity Navigator's current criteria for charitable entities that offer tax-deductible contributions. This does not imply a positive or negative judgment of the organization but instead reflects the site's evaluation criteria limitations.

Charity Navigator relies on various beacon scores, such as Accountability & Finance, Impact & Measurement, Leadership & Adaptability, among others, to create comprehensive ratings. Since The Real Estate Board Of New York Inc does not fall under their IRS classification for charities, these aspects have not been assessed. The absence of key financial data, such as total revenue and expenses, further limits any assessment possibilities.

Without user reviews on GreatNonprofits, there’s no additional audience-driven feedback available to provide insight into public sentiment or specific community impact. As such, any evaluation is largely administrative and qualitative, based on structural and regulatory considerations rather than public perception or impact analysis.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Real Estate Board Of New York Inc?

98% of 308 reviewers on Facebook recommend The Real Estate Board Of New York Inc. Here is a summary of their reviews:

Many individuals express a strong sense of appreciation for the organization's mission, highlighting its positive impact on the community. Users feel that the board effectively champions the interests of real estate professionals while also working to empower the broader New York community. Their commitment to education and advocacy is frequently noted as a significant strength.

Overall, people are enthusiastic about the services provided and the results achieved by the organization. The general sentiment reflects a belief that The Real Estate Board of New York Inc truly delivers on its promises, making it a valued presence in the real estate sector.


This AI summary has been generated from reviews found on Facebook.

Is The Real Estate Board Of New York Inc legitimate?

The Real Estate Board Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Real Estate Board Of New York 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: $3,865,597
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,855,765

For more financial information, click here


Official website here: www.rebny.com

What is the mission statement of The Real Estate Board Of New York Inc?

The Real Estate Board of New York Inc is an organization designed to bring together professionals working in the real estate industry. Its primary objectives include safeguarding the mutual interests of its members and advocating for necessary public improvements. The board formulates and upholds ethical standards for its members, engaging in both public and professional relationships. They advocate for just and reasonable laws and regulations related to real estate and oppose those that are unjust or unreasonable. The organization provides essential information to its members to aid them in making informed business decisions and assists them in meeting state government licensing requirements.


Official website here: www.rebny.com

Who is the CEO of The Real Estate Board Of New York Inc?

James Whelan is the President of The Real Estate Board Of New York Inc.


Official website here: www.rebny.com

What is the revenue of The Real Estate Board Of New York Inc?

The Real Estate Board Of New York Inc's revenue in 2022 was $16,622,426.


Official website here: www.rebny.com

Who are the executives of The Real Estate Board Of New York Inc and what are their salaries?

The average compensation at The Real Estate Board Of New York Inc during 2022 was $90,829. There are 74 employees at The Real Estate Board Of New York Inc.


Here are 159 key members and their salaries:


Douglas D Durst (Chairperson)
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William C Rudin (Chairperson)
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Rob Speyer (Past Chairpe)
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Mary Ann Tighe (Past Chairpe)
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Stephen M Ross (Past Chairpe)
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Larry A Silverstein (Past Chairpe)
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Daniel Brodsky (Vice Chairpe)
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Alan H Wiener (Vice Chairpe)
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Leonard Boxer (Vice Preside)
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Robert A Knakal (Vice Preside)
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Frederick W Peters (Vice Preside)
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Amy Rose (Vice Preside)
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Donald Zucker (Vice Preside)
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Leslie Wohlman Himmel (Treasurer)
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Bruce Beal (Secretary)
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Michelle Adams (Member Bd Go)
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Scott Alper (Member Bd Go)
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Barry Altshuler (Member Bd Go)
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J Dean Amro (Member Bd Go)
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Gary Barnett (Member Bd Go)
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Albert P Behler (Member Bd Go)
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Lawrence B Benenson (Member Bd Go)
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Megumi Brod (Member Bd Go)
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Ben Brown (Member Bd Go)
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Donald Capoccia (Member Bd Go)
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John Catsimatidis (Member Bd Go)
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Richard Clark (Member Bd Go)
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Charles S Cohen (Member Bd Go)
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Jerry L Cohen (Member Bd Go)
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Lawrence J Cohen (Member Bd Go)
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Helena Durst (Member Bd Go)
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Douglas Eisenberg (Member Bd Go)
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Philip Eisenberg (Member Bd Go)
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Abigail Black Elbaum (Member Bd Go)
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H Henry Elghanayan (Member Bd Go)
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Justin Elghanayan (Member Bd Go)
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K Thomas Elghanayan (Member Bd Go)
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Jeremy Farrell (Member Bd Go)
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Brian Feil (Member Bd Go)
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Jeffrey J Feil (Member Bd Go)
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Richard Ferrari (Member Bd Go)
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Harold A Fetner (Member Bd Go)
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John Fish (Member Bd Go)
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Winston Fisher (Member Bd Go)
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Michael Franco (Member Bd Go)
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Bess Freedman (Member Bd Go)
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Robert L Freedman (Member Bd Go)
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Brennan Gilbane Koch (Member Bd Go)
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Mary Anne Gilmartin (Member Bd Go)
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Barry Gosin (Member Bd Go)
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James M Grippi (Member Bd Go)
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Dan J Gronich (Member Bd Go)
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Joseph A Grotto Jr (Member Bd Go)
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Jeffrey Gural (Member Bd Go)
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Eric D Hadar (Member Bd Go)
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Warren M Heller (Member Bd Go)
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Damon J Hemmerdinger (Member Bd Go)
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Dorothy Herman (Member Bd Go)
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Marc Holliday (Member Bd Go)
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Jonathan Iger (Member Bd Go)
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Gary Jacob (Member Bd Go)
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Peter S Kalikow (Member Bd Go)
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Meredith Kane (Member Bd Go)
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Alex Katz (Member Bd Go)
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Steven M Kenny (Member Bd Go)
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George Klein (Member Bd Go)
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Marian Klein (Member Bd Go)
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David J Koeppel (Member Bd Go)
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James D Kuhn (Member Bd Go)
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Jamil Lacourt (Member Bd Go)
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Kevin Lalezarian (Member Bd Go)
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Margarette Lee (Member Bd Go)
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Harrison Lefrak (Member Bd Go)
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Jeffery E Levine (Member Bd Go)
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David Lichtenstein (Member Bd Go)
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Pamela Liebman (Member Bd Go)
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Howard Lorber (Member Bd Go)
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William S Macklowe (Member Bd Go)
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Anthony E Malkin (Member Bd Go)
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Jeffrey Mandel (Member Bd Go)
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Frederick Kane Marek (Member Bd Go)
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Frank Marino (Member Bd Go)
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Ken Mcintyre (Member Bd Go)
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Joseph A Mcmillan Jr (Member Bd Go)
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Kara Mcshane (Member Bd Go)
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Jonathan L Mechanic (Member Bd Go)
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Stephen J Meringoff (Member Bd Go)
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Melanie Meyers (Member Bd Go)
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Edward J Minskoff (Member Bd Go)
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Joseph Moinian (Member Bd Go)
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William C Montana (Member Bd Go)
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Ross Moskowitz (Member Bd Go)
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Bruce E Mosler (Member Bd Go)
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Wendy Mosler (Member Bd Go)
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Jason L Muss (Member Bd Go)
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Miki Naftali (Member Bd Go)
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James Nelson (Member Bd Go)
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Jay A Neveloff (Member Bd Go)
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Wayne Ngai (Member Bd Go)
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Jj Ofer (Member Bd Go)
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Mario J Palumbo (Member Bd Go)
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Paul Pariser (Member Bd Go)
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Michael Phillips (Member Bd Go)
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David Picket (Member Bd Go)
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Joel I Picket (Member Bd Go)
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Carole Pittelman (Member Bd Go)
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Scott Rechler (Member Bd Go)
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Gregory R Reimers (Member Bd Go)
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Jonathan Resnick (Member Bd Go)
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Scott N Resnick (Member Bd Go)
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Peter G Riguardi (Member Bd Go)
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Andrew H Roos (Member Bd Go)
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Daniel Rose (Member Bd Go)
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Aby Rosen (Member Bd Go)
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David Rothenberg (Member Bd Go)
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Steven Rubenstein (Member Bd Go)
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John Santora (Member Bd Go)
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Sujohn Sarkar (Member Bd Go)
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Robert Scharf (Member Bd Go)
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Christopher Schlank (Member Bd Go)
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Nadir Settles (Member Bd Go)
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Jeremy Shell (Member Bd Go)
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David Sigman (Member Bd Go)
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Lisa Silverstein (Member Bd Go)
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Andrew J Singer (Member Bd Go)
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Scott E Solomon (Member Bd Go)
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Hilary Spann (Member Bd Go)
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Jerry I Speyer (Member Bd Go)
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Darcy A Stacom (Member Bd Go)
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Elizabeth F Stribling (Member Bd Go)
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Howard Swarzman (Member Bd Go)
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Daniel R Tishman (Member Bd Go)
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Jon Vogel (Member Bd Go)
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James R Wacht (Member Bd Go)
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Jed Walentas (Member Bd Go)
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Kevin R Wang (Member Bd Go)
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Bernard Warren (Member Bd Go)
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Philip M Waterman Iii (Member Bd Go)
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Glen J Weiss (Member Bd Go)
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Fred Wilpon (Member Bd Go)
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Jeffrey Wilpon (Member Bd Go)
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Lary S Wolf (Member Bd Go)
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Laurie Zucker (Member Bd Go)
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James Whelan (President)
  • Compensation: $832,614
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  • Other: $73,710
Maureen Lauster (Cfo)
  • Compensation: $237,650
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  • Other: $30,042
Tracey Mallin (Controller)
  • Compensation: $221,344
  • Related: $0
  • Other: $34,715
Sandhya Espitia (Coo)
  • Compensation: $365,475
  • Related: $0
  • Other: $23,638
Christopher Beach (Cto)
  • Compensation: $232,810
  • Related: $0
  • Other: $58,844
Reggie Thomas (Svp)
  • Compensation: $312,268
  • Related: $0
  • Other: $39,004
Carl Hum (Svp General)
  • Compensation: $230,975
  • Related: $0
  • Other: $68,428
Basha Gerhards (Svp)
  • Compensation: $173,407
  • Related: $0
  • Other: $61,303
Ninve James (Svp)
  • Compensation: $312,201
  • Related: $0
  • Other: $20,893
Zachary Schecter-Steinberg (Svp)
  • Compensation: $184,944
  • Related: $0
  • Other: $24,855
Samuel Spokony (Svp)
  • Compensation: $179,122
  • Related: $0
  • Other: $22,632
Yvonne Riley-Tepie (Svp)
  • Compensation: $245,355
  • Related: $0
  • Other: $50,792
Miah Yoo (Svp)
  • Compensation: $147,919
  • Related: $0
  • Other: $24,397
Maryann Aviles (Vp)
  • Compensation: $195,675
  • Related: $0
  • Other: $27,628
Ryan Monell (Vp)
  • Compensation: $163,720
  • Related: $0
  • Other: $23,744
Colleen Slattery (Vp)
  • Compensation: $137,867
  • Related: $0
  • Other: $25,134


Official website here: www.rebny.com

Where can I find the form 990 for The Real Estate Board Of New York Inc?

The Real Estate Board Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rebny.com

Learn more at the official website: www.rebny.com

Mission Statement of The Real Estate Board Of New York Inc

The Real Estate Board of New York Inc, a prominent organization, brings together individuals who are professionally involved in the real estate sector. With a shared commitment to their industry, this esteemed body seeks to safeguard and advance the mutual interests of its members. The Board's ethical standards serve as a guiding force, ensuring its members maintain professional relations with one another and the public.

One of the primary functions of The Real Estate Board of New York Inc is to advocate for necessary public improvements, while opposing unnecessary or wasteful public expenditures. In this regard, they actively lobby for just and reasonable laws and ordinances that positively impact the real estate industry, while opposing those that could be detrimental. Furthermore, by providing members with essential information, they empower them to make sound business decisions.

Additionally, The Real Estate Board of New York Inc plays a vital role in helping its members meet the state government licensing standards. By uniting its members and offering ethical guidance, the organization fosters a professional community that sets high standards within the real estate industry. The Board's mission remains steadfast in supporting its members and contributing to the betterment of the real estate sector as a whole.

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Impact



October, 2024

The Real Estate Board of New York Inc. significantly influences the real estate industry by uniting professionals engaged in real estate to protect and promote their mutual interests. Established in 1896, it serves as a pivotal force in advocating for just and reasonable laws and ordinances that affect real estate, while actively opposing unjust regulations. By formulating and maintaining ethical standards, it fosters a culture of integrity among its members, enhancing public trust within the industry.

REBNY's impact extends to public policy advocacy, where it routinely engages with government bodies to promote necessary public improvements and facilitate the development and renovation of commercial and residential properties. This involvement aids in expanding New York's economy and enhancing the city’s appeal to investors and residents.

Furthermore, the Board provides crucial resources to its members, including professional education programs, state-certified licensing courses, and various informational resources to support sound business decision-making. Its comprehensive research projects, focusing on contemporary issues like residential conversion trends and energy conservation techniques, benefit both members and the broader community by addressing pressing industry challenges.

The REBNY Listing Service (RLS) facilitates collaborative brokerage practices, ensuring a systematic approach to sharing property listings among members. This collective effort enhances market transparency and fosters a cooperative environment in real estate transactions.

Additionally, the Board's arbitration and mediation services serve as vital mechanisms for resolving disputes, promoting amicable resolutions, and maintaining professional relationships. With the Seymour B. Durst Library housing an extensive collection of real estate-related information, REBNY stands as a key resource for data-driven insights in the industry.

In summary, The Real Estate Board of New York Inc. shapes the landscape of real estate through advocacy, education, ethical standards, and collaborative practices, all of which contribute to a thriving real estate market in New York City.



This information is meant to be a general summary of The Real Estate Board Of New York 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.

Revenue
$16,622,426 (2022)
Expenses
$15,211,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $551,245
  • Program Service Revenue: $15,462,805
  • Gross Receipts: $16,622,426

Assets and Liabilities:

  • Total Assets: $13,320,941
  • Total Liabilities: $5,481,528
  • Net Assets: $7,839,413

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERS DUES

Revenue

$9,223,047

ANNUAL EVENT

Revenue

$3,443,336

RESIDENTIAL LISTING SERVICE

Revenue

$1,949,711

BROKERAGE NETWORKING EVENTS

Revenue

$270,815

MGMT NETWORKING EVENTS

Revenue

$214,691

Organization Details

Founding Year

1896

Phone

(212) 616-5200

Principal Officer

James Whelan

Main Address

570 LEXINGTON AVENUE, NEW YORK, NY, 10022

Website

www.rebny.com

NTEE Category

Code: S47 - Community improvement

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