Overview
What is Real Estate Standards Organization?
The Real Estate Standards Organization is a nonprofit organization based in Raleigh, North Carolina. Their primary objective is to facilitate efficient real estate transactions by developing, adopting, and implementing open data standards and processes. This organization aims to promote software innovation, ensure data portability, eliminate redundancies, and optimize efficiencies for all parties involved in real estate transactions. Meetings are held regularly to share the latest standards and innovations in the field. The organization's mission is carried out by a team of nine dedicated individuals.
Official website here: www.reso.org
Is Real Estate Standards Organization legitimate?
Real Estate Standards Organization is a legitimate nonprofit organization registered as a 501(c)(6) entity. Real Estate Standards Organization 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: $366,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $812,286
For more financial information, click here
Official website here: www.reso.org
What is the mission statement of Real Estate Standards Organization?
The Real Estate Standards Organization's mission is centered around establishing and implementing open data standards across all real estate transactions. Their primary goal is to create an environment that fosters the development and implementation of such standards, thereby promoting software innovation, ensuring data portability, eliminating redundancies, and maximizing efficiencies for all parties involved in real estate transactions. This organization strives to provide a platform that facilitates advancements in real estate transactions, ultimately benefiting all parties involved.
Official website here: www.reso.org
Who is the CEO of Real Estate Standards Organization?
Rebecca Jensen is the Chair of Real Estate Standards Organization. The CEO's salary of Real Estate Standards Organization is $366,530 and their total compensation is $366,530.
Official website here: www.reso.org
What is the revenue of Real Estate Standards Organization?
Real Estate Standards Organization's revenue in 2022 was $3,018,827.
Official website here: www.reso.org
Who are the executives of Real Estate Standards Organization and what are their salaries?
The average compensation at Real Estate Standards Organization during 2022 was $130,980. There are 9 employees at Real Estate Standards Organization.
Here are 24 key members and their salaries (Real Estate Standards Organization's CEO's salary is $366,530 and their total compensation is $366,530):
- Compensation: $366,530
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- Compensation: $127,484
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Official website here: www.reso.org
Where can I find the form 990 for Real Estate Standards Organization?
Real Estate Standards Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reso.org
Learn more at the official website: www.reso.org
Mission Statement of Real Estate Standards Organization
The Real Estate Standards Organization, in its mission, strives to create, endorse, and implement open and widely accepted data standards and processes across all real estate transactions. Its primary objective is to establish a setting that encourages the development and implementation of such standards and procedures. This initiative aims to foster software innovation, ensure data portability, eliminate redundancies, and achieve maximum efficiency for all parties engaged in real estate transactions. By doing so, the Real Estate Standards Organization aims to streamline and enhance the overall process of real estate transactions for all involved parties.
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Impact
October, 2024
The Real Estate Standards Organization (RESO) significantly impacts the real estate industry by fostering the development and adoption of open and accepted data standards across all real estate transactions. By establishing these standards, RESO facilitates the creation of processes that enhance software innovation, ensure data portability, and eliminate redundancies.
This standardization leads to increased efficiency for all parties involved in real estate transactions, allowing for smoother operations and more effective communication between stakeholders. Regular meetings keep members informed about the latest standards and innovations, ensuring the industry remains up-to-date with best practices and technological advancements.
Ultimately, RESO’s work ensures that data can be seamlessly integrated across various platforms, enhancing the overall functionality and effectiveness of real estate software solutions. This not only benefits real estate professionals but also improves the experience for consumers engaging in real estate transactions.
This information is meant to be a general summary of Real Estate Standards Organization. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,296
- Program Service Revenue: $989,354
- Gross Receipts: $3,019,512
Assets and Liabilities:
- Total Assets: $3,130,508
- Total Liabilities: $1,550,435
- Net Assets: $1,580,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE
Revenue
$916,755
EDUCATIONAL COURSES
Revenue
$72,599
Organization Details
Founding Year
2011
Phone
(919) 504-9896Principal Officer
Rebecca Jensen
Main Address
PO BOX 10824, RALEIGH, NC, 27605
Website
www.reso.orgNTEE Category
Code: U41 - Science research
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