The Core Network

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

EIN: 330705166 ✦ Virginia beach, VA ✦ Designated as a 501(c)(6)

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Overview

What is The Core Network?

The Core Network is a nonprofit organization situated in Virginia Beach, Virginia. Their primary focus is on research and information processing, specifically generating quarterly reports for all their members, which includes market analysis in 46 different U.S. markets. This project assists all member firms in real estate brokerage, aiding them in marketing and research efforts. The Core Network's mission is to contribute to the success of its members in the real estate sector by providing valuable market insights and analysis.


Official website here: www.corenetworkcre.org

Is The Core Network legitimate?

The Core Network is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Core Network 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: $32,480

For more financial information, click here


Official website here: www.corenetworkcre.org

What is the mission statement of The Core Network?

The Core Network is committed to providing real estate brokerage assistance, specifically focusing on marketing and research. Their mission, in essence, revolves around aiding member firms in this regard. They conduct extensive research and information processing, which includes generating quarterly reports for all members. This project encompasses market analysis in 46 different U.S. markets, thereby offering valuable assistance to their member firms.


Official website here: www.corenetworkcre.org

Who is the CEO of The Core Network?

Peter Andrews is the Director of The Core Network.


Official website here: www.corenetworkcre.org

What is the revenue of The Core Network?

The Core Network's revenue in 2022 was $30,000.


Official website here: www.corenetworkcre.org

Who are the executives of The Core Network and what are their salaries?


Here are 9 key members and their salaries:


Peter Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Divaris (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hecht (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Stewart (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keene Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Montrose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Krupnick (Executive Director)
  • Compensation: $32,480
  • Related: $0
  • Other: $9,315


Official website here: www.corenetworkcre.org

Where can I find the form 990 for The Core Network?

The Core Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.corenetworkcre.org

Learn more at the official website: www.corenetworkcre.org

Mission Statement of The Core Network

The Core Network, a renowned entity, is dedicated to providing real estate brokerage assistance primarily in the areas of marketing and research. Its mission is centered around offering comprehensive support to its member firms in these specific domains. The organization engages in rigorous research and information processing, resulting in quarterly reports that analyze market trends in 46 different U.S. markets. This project, undertaken by The Core Network, proved to be beneficial for all participating member firms.

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Impact




October, 2024

The Core Network significantly enhances the real estate landscape by providing comprehensive marketing and research assistance to its member firms. By conducting extensive research and processing information, it equips members with valuable insights through quarterly reports that cover market analysis across 46 U.S. markets. This access to detailed, timely information empowers real estate professionals to make informed decisions, improving their marketing strategies and ultimately benefiting their clients.

The Core Network contributes to community improvement by fostering collaboration among real estate professionals and ensuring that they are well-informed about market trends. This knowledge enables members to better serve their communities, enhancing the overall real estate environment in which they operate. As a result, the network facilitates growth and innovation within the real estate market, benefiting both professionals and consumers alike in Virginia Beach and beyond.




This information is meant to be a general summary of The Core Network. 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
$30,000 (2022)
Expenses
$99,259 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $30,000
  • Gross Receipts: $30,000

Assets and Liabilities:

  • Total Assets: $78,085
  • Total Liabilities: $0
  • Net Assets: $78,085

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Organization Details

Founding Year

1997

Principal Officer

Peter Andrews

Main Address

ONE COLUMBUS CENTER 600, VIRGINIA BEACH, VA, 23462

NTEE Category

Code: S47 - Community improvement

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