Greater Boston Real Estate Board F… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Gregory P Vasil

Phone

6174238700

Tax Period

2025-01-01 to 2025-12-31

Greater Boston Real Estate Board Foundation, founded in 1994, is a small nonprofit in the Human Services sector that reported $204K in total revenue in fiscal year 2025. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $184K left a modest 10% surplus.

Mission

Grants to charitable 501(c) organizations whose activities are conducted in the Greater Boston area.

Program Service Accomplishments

Program 1

Expenses: $120,500

The Greater Boston Real Estate Board Foundation was established in 1994 to provide contributions to housing related charities. In addition, the foundation provides scholarships for eligible...

The Greater Boston Real Estate Board Foundation was established in 1994 to provide contributions to housing related charities. In addition, the foundation provides scholarships for eligible graduating high school seniors to attend college.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $248,440

Program Service Revenue $0

Investment Income $42,255

Other Revenue $-86,533

TOTAL REVENUE $204,162

Expense Breakdown

Grants Paid $120,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,500

Other Expenses $63,604

TOTAL EXPENSES $184,104

Year-over-Year Comparison

	2025	2024	Change
Revenue	$204,162	$316,620	-0.4%
Expenses	$184,104	$271,886	-0.3%
Net Income	$20,058	$44,734	-0.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

200

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$641,088

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Vasil	CEO	4.00	Officer	$0	$47,507	$409,768
Adam Kozol	Director of Finance	4.00	Officer	$0	$41,391	$231,320
Adrienne Maley	Executive Director	0.00	Highest	$0	$19,573	$221,504
Maria Brogan	Executive Director	0.00	Highest	$0	$39,249	$215,539
Catherine Stewart	Director of Administration	0.00	Highest	$0	$16,647	$144,462
Bill Tanski	Chairman	0.00	Officer Director	$0	$0	$0
Dino Confalone	Chairman-Elect	0.00	Officer Director	$0	$0	$0
Sarah Mathewson	Treasurer	0.00	Officer Director	$0	$0	$0
Nilesh Bubna	Clerk/Assistant Treasurer	0.00	Officer Director	$0	$0	$0
Guy Corricelli	Director	0.00	Director	$0	$0	$0
Alison Socha	Director	0.00	Director	$0	$0	$0
Jennifer Christakes	Director	0.00	Director	$0	$0	$0
Jennie Brennan	Director	0.00	Director	$0	$0	$0
Robert Bryne	Director	0.00	Director	$0	$0	$0
Jim Grady	Director	0.00	Director	$0	$0	$0
Mark Triglione	Director	0.00	Director	$0	$0	$0
Joselin Malkhasian	Director	0.00	Director	$0	$0	$0
Jill Sharif	Director	0.00	Director	$0	$0	$0
John Roach	Director	0.00	Director	$0	$0	$0
Jeremy Ouellette	Director	0.00	Director	$0	$0	$0
Joseph Thifault	Director	0.00	Director	$0	$0	$0
Alison Borrelli	Director	0.00	Director	$0	$0	$0
Richard Kim	Director	0.00	Director	$0	$0	$0
Neda Vander Stoep	Director	0.00	Director	$0	$0	$0
Melvin Vieira	Director	0.00	Director	$0	$0	$0
Bonnie Lai	Director	0.00	Director	$0	$0	$0
Kyle Zene-Moore	Director	0.00	Director	$0	$0	$0
Michael Edward	Director	0.00	Director	$0	$0	$0
Kate Franco	Director	0.00	Director	$0	$0	$0
Lynn Bora	Director	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$204,162	$184,104	$1,299,243	$20,058
2024	No data	No data	No data	No data
2023	$291,834	$390,829	$1,236,447	$-98,995
2022	$1,141,628	$704,198	$1,328,335	$437,430
2021	$585,943	$209,144	$858,773	$376,799
2020	$312,905	$362,294	$476,975	$-49,389
2019	$762,642	$665,924	$526,363	$96,718
2018	$521,213	$488,629	$428,825	$32,584

Greater Boston Real Estate Board Foundation