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Real Estate Business Institute

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

EIN: 364468856 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Real Estate Business Institute?

The Real Estate Business Institute (REBI) is a notable nonprofit organization located in Chicago, Illinois. With a global membership community of over 45,000 professionals, REBI offers four prestigious designations: CRB, SRS, C-RETS, and RENE. These credentials are highly respected in the real estate industry and are known for enhancing the efficacy, effectiveness, and profitability of real estate professionals. REBI provides its members with a wealth of resources and programs, such as education with an edge, a knowledge center, a marketplace of products and services, webinars, chapters, and a virtual community for CRB and SRS designees, among others. The mission of REBI is to empower brokerages and agents with advanced business skills and practices, ensuring they stay at the forefront of the real estate industry.


Official website here: www.rebinstitute.com

Is Real Estate Business Institute legitimate?

Real Estate Business Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Real Estate Business Institute 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: $425,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $480,475

For more financial information, click here


Official website here: www.rebinstitute.com

What is the mission statement of Real Estate Business Institute?

The Real Estate Business Institute (REBI) is committed to empowering real estate brokerages and agents with advanced business skills and practices. Their mission is to confer four professional credentials, including the CRB Designation, SRS Designation, C-RETS Certification, and RENE Certification, to its worldwide member base of over 45,000 individuals. Through its leading-edge education and resources, REBI aims to help its members become some of the most efficient, effective, and profitable real estate professionals in the country. REBI provides various programs and resources, such as education with an edge, webinars, and a real estate business digital magazine, to help members leverage opportunities and improve performance.


Official website here: www.rebinstitute.com

Who is the CEO of Real Estate Business Institute?

Unavailable The CEO's salary of Real Estate Business Institute is $396,914 and their total compensation is $425,614.


Official website here: www.rebinstitute.com

What is the revenue of Real Estate Business Institute?

Real Estate Business Institute's revenue in 2022 was $2,664,616.


Official website here: www.rebinstitute.com

Who are the executives of Real Estate Business Institute and what are their salaries?

The average compensation at Real Estate Business Institute during 2022 was $129,441. There are 7 employees and 74 volunteers at Real Estate Business Institute.


Here are 17 key members and their salaries (Real Estate Business Institute's CEO's salary is $396,914 and their total compensation is $425,614):


Candace Cooke (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody O'Brien (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven O Pagan (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Miller (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Disbrow (Director (Ending 11/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Mabery (Director (Beginning 12/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Poole (Director (Beginning 12/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Job Hammond (Director (Ending 11/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh York (Director (Beginning 12/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Rich (Director (Ending 11/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Morris Jr (Director (Beginning 12/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Skiffington (Director (Beginning 12/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vilma Lopez (Director (Ending 11/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Zola Szerencses (Director (Ending 11/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Shipe (Chief Executive Officer)
  • Compensation: $396,914
  • Related: $0
  • Other: $28,700
Maria Cardenas (Vice President, Professional Development)
  • Compensation: $126,592
  • Related: $0
  • Other: $10,587
Tara Maric (Svp-Membership & Operations)
  • Compensation: $133,239
  • Related: $0
  • Other: $12,804


Official website here: www.rebinstitute.com

Where can I find the form 990 for Real Estate Business Institute?

Real Estate Business Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rebinstitute.com

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

Mission Statement of Real Estate Business Institute

The Real Estate Business Institute, often abbreviated as REBI, is committed to empowering real estate brokerages and agents by providing them with advanced business skills and practices. Its mission is to equip these professionals with the necessary tools to become more efficient, effective, and profitable in their respective fields. REBI confers four prestigious credentials: the CRB Designation (Certified Real Estate Brokerage Manager), the SRS Designation (Seller Representative Specialist), the C-RETS Certification (Certified Real Estate Team Leader), and the RENE Certification (Real Estate Negotiation Expert). With a global community of over 45,000 members, REBI is recognized as a leader in real estate business education and resources. By offering programs and resources such as education with an edge, a knowledge center, a marketplace of products and services, webinars, chapters, and a virtual community for CRB and SRS designees, REBI enables its members to leverage opportunities and improve their performance in the competitive real estate industry.

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Impact




October, 2024

The Real Estate Business Institute (REBI) significantly impacts the real estate industry by equipping brokerages and agents with advanced business skills and practices. With over 45,000 members globally, REBI fosters a community of real estate professionals committed to excellence and continuous improvement.

Through its prestigious professional credentials, including the CRB, SRS, C-RETS, and RENE designations, REBI elevates the standards of practice within the industry. These programs help real estate professionals enhance their expertise in brokerage management, seller representation, team leadership, and negotiation, making them some of the most efficient and profitable individuals in the field.

REBI provides a range of resources and educational opportunities designed to empower its members. The offerings include cutting-edge education, a knowledge center, a marketplace of products and services, webinars, and a virtual community, "The Source," specifically for CRB and SRS designees. Their commitment to ongoing support is further demonstrated through regular publications, such as the Real Estate Business Digital Magazine and the monthly E-Connections newsletter.

In essence, REBI not only enhances individual careers but also drives overall improvement in the real estate community, enabling professionals to leverage opportunities and achieve higher performance.




This information is meant to be a general summary of Real Estate Business Institute. 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
$2,664,616 (2022)
Expenses
$2,839,317 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,207
  • Program Service Revenue: $2,654,409
  • Gross Receipts: $3,005,059

Assets and Liabilities:

  • Total Assets: $1,675,874
  • Total Liabilities: $1,071,374
  • Net Assets: $604,500

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Programs

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

Membership Dues & support

Revenue

$1,200,002

Education

Revenue

$1,448,028

Event admission sales

Revenue

$6,379

Organization Details

Founding Year

1968

Main Address

430 N Michigan Avenue, Chicago, IL, 60611

NTEE Category

Code: S41 - Community improvement

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