Real Estate Investment Association

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

EIN: 363474657 ✦ Burr ridge, IL ✦ Designated as a 501(c)(6)

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Overview

What is Real Estate Investment Association?

The Real Estate Investment Association (REIA) is a notable networking organization situated in Burr Ridge, Illinois. Its primary mission is to serve as a platform for real estate professionals, facilitating the exchange of timely investment ideas and knowledge. This nonprofit aims to foster capital formation across various real estate investment sectors, catering to professionals involved in various aspects of real estate transactions and property types. REIA offers an excellent avenue for industry peers to connect, develop potential deals, and share innovative investment strategies, thereby embodying the tagline "Where deals and capital meet."


Official website here: www.reia.org

Is Real Estate Investment Association legitimate?

Real Estate Investment Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Real Estate Investment Association 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.reia.org

What is the mission statement of Real Estate Investment Association?

The Real Estate Investment Association (REIA) serves as a premier networking organization for real estate professionals, providing a platform for the exchange of relevant and timely investment ideas and knowledge. Comprising visionary real estate entrepreneurs and professionals, REIA was established to cater to the interests and needs of all real estate investors, regardless of ownership form. The organization's membership encompasses professionals involved in various aspects of real estate transactions, property types, and vendors supporting the industry. One of REIA's primary missions is to offer an excellent venue for real estate professionals to connect with industry peers, develop investment opportunities, and facilitate deals. Effectively, REIA functions as a hub where deals and capital converge, fostering the creation of capital formation in various real estate investment sectors.


Official website here: www.reia.org

Who is the CEO of Real Estate Investment Association?

Roy Rendino is the President of Real Estate Investment Association.


Official website here: www.reia.org

What is the revenue of Real Estate Investment Association?

Real Estate Investment Association's revenue in 2023 was $207,762.


Official website here: www.reia.org

Who are the executives of Real Estate Investment Association and what are their salaries?


Here are 7 key members and their salaries:


E James Keledjian (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Freeman (Executive Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lignelli (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Rendino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Allen (First Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sullivan (First Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Hastalis (Treasurer/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reia.org

Where can I find the form 990 for Real Estate Investment Association?

Real Estate Investment Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.reia.org

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

Mission Statement of Real Estate Investment Association

The Real Estate Investment Association (REIA) serves as a premier networking organization for real estate professionals, aiming to provide a platform for the exchange of relevant and timely investment ideas and knowledge. Comprised of visionary entrepreneurs and professionals in the Chicago land real estate industry, its mission is to foster connections and create opportunities for capital formation across various real estate investment areas. REIA offers a valuable venue for real estate professionals to engage with their peers, develop investment opportunities, and facilitate deals. Essentially, REIA functions as a hub where deals and capital converge, thereby playing a crucial role in the real estate investment industry.

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Impact




October, 2024

The Real Estate Investment Association (REIA) plays a significant role in the real estate industry by fostering a thriving community of professionals dedicated to advancing investment opportunities and knowledge. By providing a premier networking platform, REIA connects real estate entrepreneurs and professionals, facilitating essential business and social interactions that lead to collaboration and growth.

Through its monthly events, REIA addresses the latest business techniques, marketing strategies, and regulatory developments, ensuring members remain well-informed about current trends and issues affecting the real estate market. This commitment to knowledge exchange empowers members with relevant investment ideas and structures, which are crucial for their success.

Moreover, REIA actively promotes capital formation across diverse areas of real estate investment, opening doors for members to explore new funding opportunities and innovative strategies. The blend of experienced professionals and emerging talent within the organization enriches discussions, driving the industry forward.

By serving as a vital forum for exchanging insights and creating opportunities, REIA significantly impacts the real estate landscape, helping members navigate challenges and seize new possibilities in their investment endeavors.




This information is meant to be a general summary of Real Estate Investment Association. 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
$207,762 (2023)
Expenses
$203,419 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,231
  • Program Service Revenue: $127,296
  • Gross Receipts: $207,762

Assets and Liabilities:

  • Total Assets: $259,637
  • Total Liabilities: $0
  • Net Assets: $259,637

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Programs

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

MEETINGS

Revenue

$94,930

SPONSORSHIPS

Revenue

$32,366

Organization Details

Founding Year

1984

Principal Officer

Roy Rendino

Main Address

6410 ST JAMES CT, BURR RIDGE, IL, 60527

NTEE Category

Code: S47 - Community improvement

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