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Residential Real Estate Council

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

EIN: 364470215 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Residential Real Estate Council?

The Residential Real Estate Council (RRC) is a nonprofit organization based in Chicago, Illinois. Its primary objective is to empower real estate professionals by offering educational resources, networking opportunities, and business support. Members can achieve the CRS designation, the highest professional accolade in the residential sales field, through a combination of experience and approved educational courses provided by RRC. RRC's extensive network includes over 28,000 members, providing its members with a robust referral system. The organization's offerings include a membership referral directory, access to a profile on CRS.com, and a quarterly magazine that keeps members updated on industry trends, technology tools, marketing strategies, and business growth ideas. RRC also hosts several major events such as Sell-A-Bration, Midyear Meeting, Annual Realtors Conference, and Expo. These events provide members with networking opportunities, educational workshops, and industry insights. The council's mission is to help real estate professionals reach their full potential through its comprehensive suite of resources.


Official website here: www.crs.com

Is Residential Real Estate Council legitimate?

Residential Real Estate Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Residential Real Estate Council 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: $753,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,207,029

For more financial information, click here


Official website here: www.crs.com

What is the mission statement of Residential Real Estate Council?

The Residential Real Estate Council (RRC) has a mission to empower real estate professionals, helping them reach their full potential. This is achieved through various means, including education, networking, referrals, and business resources. RRC provides its members with a robust referral network of nearly 28,000 professionals. One of the notable benefits for members is the attainment of the CRS designation, which is the highest professional recognition in the residential sales field. Obtaining this designation requires both experience and completion of approved educational courses offered by RRC.

In addition to the CRS designation, RRC members enjoy benefits such as access to the RRC membership referral directory and a profile listing on the organization's website, CRS.com. The Residential Specialist Magazine keeps members updated on industry trends and provides insights into the latest technology tools, marketing strategies, and business-building ideas. To foster networking opportunities and provide industry information, RRC conducts major meetings like Sell-A-Bration, Midyear Meeting, Annual Realtors Conference, and EXPO.


Official website here: www.crs.com

Who is the CEO of Residential Real Estate Council?

Jeff Horneberger is the CEO of Residential Real Estate Council The CEO's salary of Residential Real Estate Council is $407,437 and their total compensation is $464,196.


Official website here: www.crs.com

What is the revenue of Residential Real Estate Council?

Residential Real Estate Council's revenue in 2023 was $7,807,626.


Official website here: www.crs.com

Who are the executives of Residential Real Estate Council and what are their salaries?

The average compensation at Residential Real Estate Council during 2023 was $84,596. There are 35 employees and 404 volunteers at Residential Real Estate Council.

Here are 16 key members and their salaries (Residential Real Estate Council's CEO's salary is $407,437 and their total compensation is $464,196):


Tricia Nekota (President Starting 3/29/23)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Vivian Macias (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holli Woodward (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Beagle (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Addie Owens (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Thompson (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Thomsen (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Hughes (External)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Pam Ruggeroli (President Until 3/28/23)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Jeff Horneberger (Ceo)
  • Compensation: $407,437
  • Related: $0
  • Other: $56,759
Keith Tristano (Cfo)
  • Compensation: $250,256
  • Related: $0
  • Other: $39,393
Colleen Mcmahon (Chief Member & Volunteer Offi Cer)
  • Compensation: $145,246
  • Related: $0
  • Other: $28,660
Melissa Burkholder (Vp Of Professional Development)
  • Compensation: $125,191
  • Related: $0
  • Other: $26,455
Bob Nitekman (Vp Of It)
  • Compensation: $135,120
  • Related: $0
  • Other: $27,485
Chere Larose (Vp Of Marketing & Communications)
  • Compensation: $106,169
  • Related: $0
  • Other: $24,395
Danwei Zhang-Raz (Director Of People & Culture)
  • Compensation: $102,071
  • Related: $0
  • Other: $23,911


Official website here: www.crs.com

Where can I find the form 990 for Residential Real Estate Council?

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


Official website here: www.crs.com

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

Mission Statement of Residential Real Estate Council

The Residential Real Estate Council (RRC) is dedicated to empowering real estate professionals to reach their full potential. They achieve this mission by providing education, networking opportunities, referral resources, and business tools to their members. RRC boasts a robust referral network of nearly 28,000 members, offering a valuable resource for professional growth.

RRC members can benefit from obtaining the highest professional designation in the residential sales field, the CRS designation. This achievement is attainable through a combination of experience and completion of educational courses, which are either offered or approved by RRC. Additionally, RRC members have access to and inclusion in the RRC membership referral directory, providing a platform to connect with other professionals and potential clients.

Furthermore, the Residential Specialist Magazine serves as a valuable tool for members, keeping them informed on the latest industry trends, news, and technological advancements. RRC also organizes several major meetings throughout the year, such as Sell-A-Bration, Midyear Meeting, Annual Realtors Conference, and EXPO. These events provide members with networking opportunities, educational workshops, and industry information, ultimately helping them build their businesses and stay updated on the latest developments in the real estate field.

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Impact




October, 2024

The Residential Real Estate Council (RRC) plays a significant role in the professional development of real estate agents, focusing on education, networking, and resources that enhance their capabilities and success in the industry. With a robust network of nearly 28,000 members, RRC fosters a collaborative environment where real estate professionals can share knowledge and referrals, ultimately driving better outcomes for both agents and clients.

A key benefit of RRC membership is the CRS designation, recognized as the highest professional credential for residential sales expertise. Achieving this designation not only signifies a commitment to excellence but also equips agents with advanced knowledge through specialized educational courses. Members gain access to a comprehensive referral directory, ensuring they can connect with peers and leverage a supportive community.

RRC also provides valuable resources like the Residential Specialist magazine, keeping members informed about industry trends, technological advancements, and innovative marketing strategies. The organization conducts major meetings throughout the year, such as Sell-A-Bration and the Annual Realtors Conference and Expo, which serve as platforms for networking and professional growth.

Through these initiatives, the Residential Real Estate Council empowers real estate professionals to reach their full potential, enhance their business practices, and contribute positively to the community. By fostering continuous learning and collaboration, RRC significantly impacts the residential real estate industry.




This information is meant to be a general summary of Residential Real Estate Council. 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
$7,807,626 (2023)
Expenses
$8,999,415 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $424,127
  • Program Service Revenue: $6,939,049
  • Gross Receipts: $14,106,243

Assets and Liabilities:

  • Total Assets: $21,354,612
  • Total Liabilities: $6,906,763
  • Net Assets: $14,447,849

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Programs

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

MEMBERSHIP DUES

Revenue

$4,278,682

EDUCATION COURSES AND MEETINGS

Revenue

$1,661,145

ADVERTISING AND SUBSCRIPTIONS

Revenue

$873,022

SPONSORSHIP REVENUE

Revenue

$126,200

Organization Details

Founding Year

1976

Principal Officer

Keith Tristano

NTEE Category

Code: S41 - Community improvement

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