Overview
What is Greater Boston Real Estate Board Foundation?
The Greater Boston Real Estate Board Foundation, established in 1994, is a benevolent organization situated in Boston, Massachusetts. Its primary mission is to contribute to non-profit entities operating within the Greater Boston area, focusing on housing-related charities. In addition to financial aid, the foundation offers scholarships to deserving high school graduates, enabling them to pursue higher education. By providing grants to eligible 501(c) organizations, the Greater Boston Real Estate Board Foundation plays a significant role in supporting the Greater Boston community.
Official website here: www.gbreb.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Greater Boston Real Estate Board Foundation has achieved a commendable 97% rating from Charity Navigator, reflecting high standards of accountability and finance. This rating indicates that the organization is exceptionally well-managed, with robust governance practices in place. The foundation has an independent board composed entirely of 25 members, demonstrating a strong commitment to oversight and ethical management.
Strengths of the organization include its effective use of resources, evidenced by a program expense ratio of 85.92%, which shows that a significant majority of funds are directed towards its mission-related activities. The foundation also has comprehensive policies in place for conflict of interest, whistleblower protections, and document retention, all of which are key factors in maintaining transparency and integrity within the organization.
While the rating highlights many strengths, it's essential to remain aware that such high scores may not address other qualitative aspects of the nonprofit’s impact or outreach efforts. However, based on current data, the Greater Boston Real Estate Board Foundation demonstrates a strong track record of financial responsibility and accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Greater Boston Real Estate Board Foundation?
100% of the 81 reviewers on Facebook recommend the Greater Boston Real Estate Board Foundation. Here is a summary of their reviews:
Many individuals highlight the foundation as an exceptional resource, particularly praising its training programs. Users appreciate the valuable information and support provided, which they believe significantly enhances their understanding and skills in real estate.
Overall, the foundation seems to consistently deliver on its promise to educate and empower. The strong recommendation rate reflects a high level of satisfaction among those who have engaged with the organization's offerings.
This AI summary has been generated from reviews found on Facebook.
Is Greater Boston Real Estate Board Foundation legitimate?
Greater Boston Real Estate Board Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Boston Real Estate Board Foundation 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
Official website here: www.gbreb.com
What is the mission statement of Greater Boston Real Estate Board Foundation?
The Greater Boston Real Estate Board Foundation's mission involves providing grants to charitable organizations operating within the Greater Boston area. These organizations carry out activities that primarily focus on housing-related causes. Beyond this, the foundation also provides scholarships for eligible high school graduates, enabling them to attend college. In essence, the foundation's role is to contribute to charities and support the education of young individuals in the field of housing.
Official website here: www.gbreb.com
Who is the CEO of Greater Boston Real Estate Board Foundation?
Gregory P Vasil is the Chair of Greater Boston Real Estate Board Foundation. The CEO's salary of Greater Boston Real Estate Board Foundation is $0 and their total compensation is $362,193.
Official website here: www.gbreb.com
What is the revenue of Greater Boston Real Estate Board Foundation?
Greater Boston Real Estate Board Foundation's revenue in 2022 was $1,141,628.
Official website here: www.gbreb.com
Who are the executives of Greater Boston Real Estate Board Foundation and what are their salaries?
There 25 volunteers at Greater Boston Real Estate Board Foundation.
Here are 31 key members and their salaries (Greater Boston Real Estate Board Foundation's CEO's salary is $0 and their total compensation is $362,193):
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- Related: $121,367
- Other: $33,438
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- Related: $321,360
- Other: $40,833
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- Related: $119,603
- Other: $14,618
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- Related: $167,386
- Other: $16,381
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- Related: $176,534
- Other: $16,691
- Compensation: $0
- Related: $112,327
- Other: $14,178
Official website here: www.gbreb.com
Where can I find the form 990 for Greater Boston Real Estate Board Foundation?
Greater Boston Real Estate Board Foundation'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 Foundation
The Greater Boston Real Estate Board Foundation, established in 1994, is dedicated to providing financial contributions to charitable organizations operating within the Greater Boston area. Its primary mission is to support 501(c) non-profit organizations whose activities align with housing-related charities. In addition to its grant-making initiatives, the foundation also offers scholarships for eligible high school seniors who are preparing to attend college. By providing these resources, the Greater Boston Real Estate Board Foundation seeks to contribute positively to the community and support various charitable causes in the field of housing.
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Impact
October, 2024
The Greater Boston Real Estate Board Foundation makes a significant impact through its targeted financial support for housing-related charitable organizations in the Greater Boston area. Established in 1994, the foundation focuses on addressing critical issues related to housing and community development, helping to enhance the lives of individuals and families in the region. By providing grants to qualified 501(c) organizations, the foundation enables these groups to advance their missions effectively, fostering stability, access to resources, and improved living conditions.
In addition to its support for charitable organizations, the foundation plays a vital role in education by offering scholarships to eligible graduating high school seniors. This initiative helps students pursue higher education, empowering them to build successful futures and contribute positively to their communities. Overall, the Greater Boston Real Estate Board Foundation’s efforts are instrumental in driving social change and enhancing the quality of life for residents in Greater Boston.
This information is meant to be a general summary of Greater Boston Real Estate Board Foundation. 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: $492
- Gross Receipts: $1,289,020
Assets and Liabilities:
- Total Assets: $1,328,335
- Total Liabilities: $37,952
- Net Assets: $1,290,383
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Organization Details
Founding Year
1994
Phone
(617) 423-8700Principal Officer
Gregory P Vasil
Main Address
THREE CENTER PLAZA MEZZANINE SUITE, BOSTON, MA, 02108
Website
www.gbreb.comNTEE Category
Code: P99 - Human services
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