Center For Realtor Development Inc

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

EIN: 364173556 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Center For Realtor Development Inc?

The Center for Realtor Development Inc, situated in Chicago, Illinois, is a nonprofit organization dedicated to supporting real estate professionals. Their primary mission is to elevate members' skills and knowledge in the eyes of homebuyers by providing valuable real estate education. This includes ongoing specialized information, programs, and updates to help members stay current on industry trends and issues. The organization also offers marketing tools and resources, such as the Homebuyers Toolkit, to enhance services for clients. Moreover, the Center for Realtor Development Inc works to promote high standards in real estate education and designations to advance the interests of its members. With a team of 26 employees, they create and present educational programs, encourages high standards in designations, and collaborates with the National Association of Realtors to enact laws beneficial to their members.


Official website here: www.rebac.net

Is Center For Realtor Development Inc legitimate?

Center For Realtor Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Center For Realtor Development 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: $561,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,056,609

For more financial information, click here


Official website here: www.rebac.net

What is the mission statement of Center For Realtor Development Inc?

The Center for Realtor Development Inc's mission is centered around serving its members' interests. It accomplishes this by designing and delivering educational programs, advocating for high standards, and awarding real estate-related designations, certifications, and degrees. The organization also collaborates with the National Association of Realtors to push for legislation benefiting its members. The ABR Designation Program offered by the Center provides valuable real estate education to enhance members' skills and knowledge, keeping them updated on industry trends. Members also gain access to exclusive marketing tools and resources to improve their services to clients.


Official website here: www.rebac.net

What is the revenue of Center For Realtor Development Inc?

Center For Realtor Development Inc's revenue in 2023 was $9,279,683.


Official website here: www.rebac.net

Who are the executives of Center For Realtor Development Inc and what are their salaries?

The average compensation at Center For Realtor Development Inc during 2023 was $100,679. There are 26 employees and 100 volunteers at Center For Realtor Development Inc.

Here are 12 key members and their salaries:


Bob Goldberg (President (Thru 11/17/2023))
  • Compensation: $0
  • Related: $3,002,748
  • Other: $56,976
Marc Gould (Secretary/Treasurer)
  • Compensation: $0
  • Related: $706,679
  • Other: $56,976
Nykia Wright (Interim President (Beg 11/20/2023))
  • Compensation: $0
  • Related: $427,613
  • Other: $56,976
Kenny Parcell (Board Member (Thru 8/28/2023))
  • Compensation: $0
  • Related: $220,859
  • Other: $0
Tracy Kasper (Board Member (Nar President))
  • Compensation: $0
  • Related: $281,494
  • Other: $0
Jennifer Rzeszewski (Vice President And Executive Director)
  • Compensation: $300,780
  • Related: $0
  • Other: $54,054
Dawn Headtke (Director Of Business And Instructor Development)
  • Compensation: $165,673
  • Related: $0
  • Other: $40,543
Jennifer Billings (Director Of Marketing And Events)
  • Compensation: $147,588
  • Related: $0
  • Other: $38,735
Kaitlin Eddy (Director Of Learning And Development)
  • Compensation: $142,117
  • Related: $0
  • Other: $38,188
Keisha Kidan (Manager, Learning And Digital Design)
  • Compensation: $107,943
  • Related: $0
  • Other: $34,770
Suman Patil (Manager, Learning And Development Programs)
  • Compensation: $114,284
  • Related: $0
  • Other: $35,404
Valerie Kendrick (Director Of Credentials And Operations)
  • Compensation: $144,623
  • Related: $0
  • Other: $38,438


Official website here: www.rebac.net

Where can I find the form 990 for Center For Realtor Development Inc?

Center For Realtor Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rebac.net

Learn more at the official website: www.rebac.net

Mission Statement of Center For Realtor Development Inc

The Center for Realtor Development Inc, with a mission-driven approach, aims to foster the common interests of its real estate industry members. This organization accomplishes this goal by creating and delivering educational programs, emphasizing the importance of high standards. It achieves this by establishing and awarding designations, certifications, and degrees in real estate. Furthermore, the Center for Realtor Development Inc collaborates with the National Association of Realtors (NAR) to enact laws that benefit its members' interests.

In essence, the Center for Realtor Development Inc serves as an educational hub for real estate professionals, providing them with valuable real estate education to improve their skills and knowledge. By doing so, members can command greater respect from homebuyers. The organization also offers ongoing specialized information, programs, and updates to help members stay current on issues and trends, thereby ensuring they can effectively represent homebuyers. To support their clients, members receive marketing tools, such as the Homebuyers Toolkit, and have access to exclusive resources and publications.

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Impact




October, 2024

Center for Realtor Development Inc plays a crucial role in enhancing the skills and knowledge of real estate professionals. By providing valuable educational programs, the organization elevates the expertise of its members, particularly through initiatives such as the Accredited Buyer's Representative (ABR) designation program. This program equips members with specialized knowledge and ongoing updates on real estate trends, enabling them to effectively represent homebuyers in a competitive market.

The center focuses on maintaining high standards in the industry by promoting designations, certifications, and degrees, which not only boost individual member credentials but also enhance the overall professionalism of the real estate sector. Through its resources, including marketing tools and member-only publications, the Center for Realtor Development empowers members to deliver superior services to clients, fostering trust and credibility in the real estate process.

By aligning with the National Association of REALTORS (NAR) to advocate for laws that benefit its members, the organization further amplifies its impact, contributing to overall community improvement within the realm of real estate.




This information is meant to be a general summary of Center For Realtor Development 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
$9,279,683 (2023)
Expenses
$9,063,613 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $930,416
  • Program Service Revenue: $8,439,173
  • Gross Receipts: $14,896,663

Assets and Liabilities:

  • Total Assets: $25,910,426
  • Total Liabilities: $3,428,499
  • Net Assets: $22,481,927

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Programs

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

MEMBERSHIP DUES

Revenue

$3,790,862

EDUCATIONAL COURSES

Revenue

$4,523,024

PUBLICATIONS AND SERVICE MATERIALS

Revenue

$467

CONVENTIONS

Revenue

$124,820

Organization Details

Founding Year

1997

NTEE Category

Code: S47 - Community improvement

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