COUNSELORS OF REAL ESTATE

EIN: 366140410 Community Improvement

CHICAGO, IL

Total Revenue
$2,389,342
Total Expenses
$2,422,734
Total Assets
$2,679,348
Net Assets
$1,750,588
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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
IL
Principal Officer
MARY FLEISCHMANN
Phone
3123298200
Tax Period
2023-01-01 to 2023-12-31

COUNSELORS OF REAL ESTATE, founded in 1953, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

CRE WAS ESTABLISHED EXCLUSIVELY FOR REAL ESTATE ADVISORS WHO PROVIDE INTELLIGENT, UNBIASED, AND TRUSTED ADVICE FOR A CLIENT OR EMPLOYER. THE PURPOSE OF THE ORGANIZATION IS TO SERVE AS AN INFORMATION RESOURCE AND TO PROVIDE ITS MEMBERS WITH OPPORTUNITIES FOR (SEE SCHEDULE O) PROFESSIONAL DEVELOPMENT, KNOWLEDGE SHARING, AND NETWORKING, ALL GROUNDED IN A CULTURE OF CAMARADERIE.

Program Service Accomplishments

Program 1

THE COUNSELORS OF REAL ESTATE IS THE MEMBERSHIP ORGANIZATION ESTABLISHED EXCLUSIVELY FOR REAL ESTATE ADVISORS WHO PROVIDE INTELLIGENT, UNBIASED, AND TRUSTED ADVICE FOR A CLIENT OR EMPLOYER. THE...

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THE COUNSELORS OF REAL ESTATE IS THE MEMBERSHIP ORGANIZATION ESTABLISHED EXCLUSIVELY FOR REAL ESTATE ADVISORS WHO PROVIDE INTELLIGENT, UNBIASED, AND TRUSTED ADVICE FOR A CLIENT OR EMPLOYER. THE ORGANIZATION BESTOWS THE PRESTIGIOUS CRE DESIGNATION ON THOSE INVITED TO MEMBERSHIP, PROVIDING ACCESS TO A HIGH-LEVEL PROFESSIONAL COMMUNITY THAT ELEVATES THEIR EXPERIENCE, WHILE EXPANDING THEIR PROFESSIONAL REACH.

Program 2

THE FALL CONVENTION OFFERS EXTRAORDINARY EDUCATIONAL OPPORTUNITIES, KNOWLEDGE SHARING, AND PROFESSIONAL INTERACTION FEATURING EDUCATIONAL SESSIONS, ROUNDTABLE DISCUSSIONS, BUSINESS MEETINGS AND...

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THE FALL CONVENTION OFFERS EXTRAORDINARY EDUCATIONAL OPPORTUNITIES, KNOWLEDGE SHARING, AND PROFESSIONAL INTERACTION FEATURING EDUCATIONAL SESSIONS, ROUNDTABLE DISCUSSIONS, BUSINESS MEETINGS AND SPECIAL EVENTS INCLUDING REAL ESTATE DEVELOPMENT TOURS, MINI CRE CONSULTING CORPS ASSIGNMENTS, AND MEETINGS OF THE COUNSELORS' BOARD OF DIRECTORS, FINANCE AND EXECUTIVE COMMITTEES.

Program 3

THE COUNSELORS OF REAL ESTATE OFFERS MULTIPLE COMMUNICATIONS TO BENEFIT ITS MEMBERS AND THE REAL ESTATE COMMUNITY AT LARGE. THE "REAL ESTATE ISSUES" PUBLICATION IS CRE'S PROFESSIONAL JOURNAL...

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THE COUNSELORS OF REAL ESTATE OFFERS MULTIPLE COMMUNICATIONS TO BENEFIT ITS MEMBERS AND THE REAL ESTATE COMMUNITY AT LARGE. THE "REAL ESTATE ISSUES" PUBLICATION IS CRE'S PROFESSIONAL JOURNAL FEATURING INCISIVE, DYNAMIC ARTICLES THAT RESPOND TO CURRENT TRENDS IN THE REAL ESTATE INDUSTRY. THE JOURNAL IS PRINTED THREE TIMES A YEAR. THE ASSOCIATION ALSO PRODUCES "THE COUNSELOR" NEWSLETTER WHICH SHOWCASES CRE ACTIVITIES AND INDUSTRY EVENTS, ALONG WITH AN ANNUAL MEMBERSHIP DIRECTORY.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,948,780
Investment Income $105,409
Other Revenue $335,153
TOTAL REVENUE $2,389,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,578,094
Fundraising Expenses $0
Other Expenses $844,640
TOTAL EXPENSES $2,422,734

Year-over-Year Comparison

2023 2022 Change
Revenue $2,389,342 $2,127,528 +0.1%
Expenses $2,422,734 $2,486,331 0.0%
Net Income $-33,392 $-358,803 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
9
Volunteers
300

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
4
$346,508
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM PJ MCCARTHY CHAIR OF THE BOARD 0.50
Officer Director
$0 $0 $0
ANTHONY DELLAPELLE FIRST VICE CHAIR 0.50
Officer Director
$0 $0 $0
JOHN J HENTSCHEL SECOND VICE CHAIR 0.50
Officer Director
$0 $0 $0
MICHEL COUILLARD PAST CHAIR OF THE BOARD 0.50
Director
$0 $0 $0
JULIE L MELANDER PAST CHAIR OF THE BOARD 0.50
Director
$0 $0 $0
JOSEPH G NAHAS PAST CHAIR OF THE BOARD 0.50
Director
$0 $0 $0
MARILLE A UTTER PAST CHAIR OF THE BOARD 0.50
Director
$0 $0 $0
DEBORAH CLOUTIER LIAISON VICE CHAIR 0.50
Director
$0 $0 $0
STEVEN NORRIS LIAISON VICE CHAIR 0.50
Director
$0 $0 $0
ROBERT J PLISKA LIAISON VICE CHAIR 0.50
Director
$0 $0 $0
JOHN BACZEWSKI MEMBER 0.50
Director
$0 $0 $0
KORIN CRAWFORD MEMBER 0.50
Director
$0 $0 $0
CASSARNDRA FRANCIS MEMBER 0.50
Director
$0 $0 $0
GIULIANO GASPARINI MEMBER 0.50
Director
$0 $0 $0
GRAHAM GRADY MEMBER 0.50
Director
$0 $0 $0
HIROYUKI ISOBE MEMBER 0.50
Director
$0 $0 $0
BRUCE MASSA MEMBER 0.50
Director
$0 $0 $0
KIEYASIEN MOORE MEMBER 0.50
Director
$0 $0 $0
RUCHI PATHELA MEMBER 0.50
Director
$0 $0 $0
HANS VRENSEN MEMBER 0.50
Director
$0 $0 $0
MARY FLEISCHMANN CEO 50.00
Officer
$293,328 $53,180 $346,508
RICHARD SIROIS DIR. OF MARKETING AND COMMUNICATIONS 38.00
Highest
$129,127 $36,779 $165,906
SHEA TURNER CHIEF ADMINISTRATIVE OFFICER 38.00
Highest
$119,760 $35,916 $155,676
LARISA PHILLIPS DIRECTOR OF EDUCATION AND MEETINGS 38.00
Highest
$111,299 $35,012 $146,311
SAMANTHA DEKOVEN DIRECTOR PUBLIC SERVICE INITIATIVE 38.00
Highest
$100,381 $33,986 $134,367
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
2024 No data No data No data No data
2023 $2,389,342 $2,422,734 $2,679,348 $-33,392
2022 $2,127,528 $2,486,331 $2,655,381 $-358,803
2021 $2,075,770 $1,933,419 $3,103,943 $142,351
2020 $1,843,286 $1,943,939 $2,757,546 $-100,653
2019 $2,252,763 $2,261,055 $2,789,666 $-8,292
2018 $2,395,586 $2,207,862 $2,752,270 $187,724
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