Hampton Roads Association For Commercial Real Estate

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

EIN: 541648222 ✦ Virginia beach, VA ✦ Designated as a 501(c)(6)

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Overview

What is Hampton Roads Association For Commercial Real Estate?

Hampton Roads Association for Commercial Real Estate is a nonprofit organization situated in Virginia Beach, Virginia. Their primary objective is to educate and inform the commercial real estate industry and other interested parties about crucial and current real estate issues. They achieve this through regular luncheon meetings, ensuring their members stay updated on relevant topics. The association's mission is deeply rooted in fostering knowledge and understanding within the commercial real estate sector.


Official website here: www.hracre.org

Is Hampton Roads Association For Commercial Real Estate legitimate?

Hampton Roads Association For Commercial Real Estate is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hampton Roads Association For Commercial Real Estate 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.hracre.org

What is the mission statement of Hampton Roads Association For Commercial Real Estate?

The Hampton Roads Association for Commercial Real Estate has a mission to educate and inform the commercial real estate industry and other interested parties about crucial, timely real estate matters. They achieve this by organizing regular luncheon meetings, keeping members updated on the latest developments in the field. By doing so, the association aims to contribute to a well-informed and engaged commercial real estate community. Its activities are designed to promote a deeper understanding of the industry and its complexities, fostering a collaborative environment where professionals can share insights and best practices.


Official website here: www.hracre.org

Who is the CEO of Hampton Roads Association For Commercial Real Estate?

William L Nusbaum Atty is the President of Hampton Roads Association For Commercial Real Estate.


Official website here: www.hracre.org

What is the revenue of Hampton Roads Association For Commercial Real Estate?

Hampton Roads Association For Commercial Real Estate's revenue in 2022 was $390,491.


Official website here: www.hracre.org

Who are the executives of Hampton Roads Association For Commercial Real Estate and what are their salaries?

There 210 volunteers at Hampton Roads Association For Commercial Real Estate.


Here are 32 key members and their salaries:


James E Toups (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Nusbaum Atty (President - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin J Owens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Underwood (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Atherton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Bezik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Cerone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Coradi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista J Costa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Denton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Holt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Inman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Keplinger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A O'Grady (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Provost (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Read (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark G Rinaldi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Rivenbark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Romine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Sacks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Shewbridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Starkey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Stein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Stretz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sult (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Zarpas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hracre.org

Where can I find the form 990 for Hampton Roads Association For Commercial Real Estate?

Hampton Roads Association For Commercial Real Estate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hracre.org

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

Mission Statement of Hampton Roads Association For Commercial Real Estate

Hampton Roads Association for Commercial Real Estate, often referred to as HRACRE, is dedicated to enlightening and updating the commercial real estate industry, as well as other interested parties, about crucial and timely real estate matters. Their mission is to serve as a knowledge hub, ensuring that industry professionals and relevant parties stay informed on the latest developments in the field. They achieve this goal through regular luncheon meetings, providing a platform for discussions and updates on commercial real estate issues. By doing so, HRACRE plays a significant role in fostering an informed and engaged community within the commercial real estate sector.

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Impact




October, 2024

The Hampton Roads Association For Commercial Real Estate significantly impacts the local real estate landscape by facilitating ongoing education and awareness among industry professionals. Through regular luncheon meetings, the organization keeps its members updated on critical and timely issues affecting commercial real estate. This commitment to education enhances the knowledge base of stakeholders, fostering informed decision-making and promoting best practices within the industry.

By providing a platform for discussions and networking, the association strengthens connections among real estate professionals, encouraging collaboration and community improvement. Its efforts contribute not only to individual growth but also to the overall health and vitality of the commercial real estate sector in Virginia Beach and the surrounding areas. This proactive approach helps address challenges, seize opportunities, and ultimately drives economic development in the region.




This information is meant to be a general summary of Hampton Roads Association For Commercial Real Estate. 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
$390,491 (2022)
Expenses
$319,126 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $444
  • Program Service Revenue: $151,737
  • Gross Receipts: $416,106

Assets and Liabilities:

  • Total Assets: $376,268
  • Total Liabilities: $758
  • Net Assets: $375,510

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Programs

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

NETWORKING FUNCTIONS

Revenue

$81,498

DESIGN AWARDS

Revenue

$35,725

LUNCHEON PROGRAMS

Revenue

$26,070

EVENT SPONSORSHIP

Revenue

$8,444

Organization Details

Founding Year

1993

Principal Officer

William L Nusbaum Atty

Main Address

291 INDEPENDENCE BLVD 223, VIRGINIA BEACH, VA, 23462

NTEE Category

Code: S47 - Community improvement

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