Boston, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greater Boston Real Estate Board, founded in 1889, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023. Expenses of $7.4M left a modest 5% surplus.
The Greater Boston Real Estate Board was incorporated as a not-for-profit organization to advocate, educate, inform, and serve members of the real estate industry. The Board continues to foster and promote high ethical standards in all real estate transactions, monitor and comment upon legislative measures affecting real estate, protect private property rights, administer an arbitration process for settling business disputes, and provide outstanding continuing education for its membership.
The Greater Boston Real Estate Board (the "Board") was incorporated in 1889 as a private not-for-profit membership organization for the purpose of advocacy, education, information and service for the...
The Greater Boston Real Estate Board (the "Board") was incorporated in 1889 as a private not-for-profit membership organization for the purpose of advocacy, education, information and service for the real estate industry and is the oldest and largest real estate board in Massachusetts. The Board represents its constituency by offering membership in the following distinct divisions:Greater Boston Association of Realtors ("GBAR")As the Board's largest division, GBAR provides education programs in its Center for Professional Development, counseling on the National Association of Realtors Code of Ethics, arbitration services and industry standards real estate forms.Massachusetts Apartment Association ("MAA")MMA represents and protects the interest and rights of rental housing owners and managers through the state. MMA provides legislative and regulatory representation, professional education, standard rental forms and updates on industry trends and developments.Building Owners and Managers Association ("BOMA")Representing commercial building owners and managers, BOMA provides information to member developers, owners, asset and property managers and attorneys, advocacy at the local, state and national level and professional education.Real Estate Finance Association ("REFA")REFA provides financial information to commercial real estate finance professionals in the banking, insurance, mortgage banking and broker, investor, advisor, legal, appraiser and consulting industries. REFA offers a wide variety of member services including informative industry updates, roundtable discussions and education programs.Commercial Brokers Association ("CBA")The largest organization of commercial brokers in Massachusetts, CBA provides members with a variety of informative programs, continuing education and industry updates.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,789,884 | $7,553,942 | +0.0% |
| Expenses | $7,394,671 | $6,748,401 | +0.1% |
| Net Income | $395,213 | $805,541 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kate Franco | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Edward Perry | Chairman-Elect | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Tanski | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dino Confalone | Clerk/Assistant Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Guy Corricelli | Finance Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Daphna Fields | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Twombly | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Clayton Wentworth | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alison Powers | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Samantha Hallowell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alison Socha | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jared Wilk Compass | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nilesh Bubna | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ravi Ragnauth | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Buonopane | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Cecelia Bolognia | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Neda Vander Stoep | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Schutt | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tanisha Salmon | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melvin Salmon | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Wluka | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gail Lockberg | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynn Bora | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Karen Fish-Will | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| William Dermody | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Vasil | CEO | 40.00 |
Officer
|
$334,214 | $39,071 | $373,285 |
| Adam Kozol | Director of Finance | 36.00 |
Officer
|
$126,222 | $31,110 | $157,332 |
| Adrienne Maley | Executive Director | 40.00 |
Highest
|
$183,595 | $16,054 | $199,649 |
| John Dulczewski | Executive Director | 40.00 |
Highest
|
$174,081 | $15,731 | $189,812 |
| Patricia Baumer | Director of Govt. Affairs | 40.00 |
Highest
|
$124,387 | $13,681 | $138,068 |
| Catherine Stewart | Director of Administration | 40.00 |
Highest
|
$116,820 | $15,238 | $132,058 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $7,789,884 | $7,394,671 | $11,059,262 | $395,213 |
| 2022 | $7,553,942 | $6,748,401 | $11,077,107 | $805,541 |
| 2021 | $6,801,550 | $6,044,364 | $10,089,510 | $757,186 |
| 2020 | $5,531,696 | $4,847,642 | $8,655,666 | $684,054 |
| 2019 | $6,907,574 | $6,791,384 | $7,817,966 | $116,190 |
| 2018 | $6,753,864 | $6,776,437 | $7,224,333 | $-22,573 |
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