Civic Intelligence

The Real Estate Bar Association For

EIN 20-5006664 • 501(c)6 • North Easton, MA

Profile

The real estate bar association (reba) for massachusetts, inc.'s primary mission is to advance the practice of real estate law in massachusetts by creating and sponsoring professional standards, actively participating in legislative processes,creating educational programs and material.

PO Box 432North Easton, MA 02356

www.reba.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.20x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.27x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Net Margin

24th percentile

-5.4%

Higher net margin than 24% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

96th percentile

$226,064

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Asset Growth

8th percentile

-28%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

16th percentile

-10%

Faster revenue growth than 16% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$270,578

Up $31,824 (+13%) from 2023

Liabilities

Down

$263,550

Down $78,796 (-23%) from 2023

Net Assets

Up

$7,028

Up $110,620 (+107%) from 2023

Revenue

Up

$949,581

Up $242,567 (+34%) from 2023

Expenses

Down

$838,961

Down $100,500 (-11%) from 2023

Net Income

Up

$110,620

Up $343,067 (+148%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200KAssets 2010: $370,580Liabilities 2010: $0Net Assets 2010: $370,5802010Assets 2011: $373,363Liabilities 2011: $0Net Assets 2011: $373,3632011Assets 2012: $281,267Liabilities 2012: $0Net Assets 2012: $281,2672012Assets 2013: $255,808Liabilities 2013: $0Net Assets 2013: $255,8082013Assets 2014: $202,212Liabilities 2014: $0Net Assets 2014: $202,2122014Assets 2015: $217,875Liabilities 2015: $37,207Net Assets 2015: $180,6682015Assets 2016: $156,567Liabilities 2016: $1,000Net Assets 2016: $155,5672016Assets 2017: $218,140Liabilities 2017: $0Net Assets 2017: $218,1402017Assets 2018: $145,890Liabilities 2018: $20,485Net Assets 2018: $125,4052018Assets 2019: $206,069Liabilities 2019: $34,684Net Assets 2019: $171,3852019Assets 2020: $243,193Liabilities 2020: $103,737Net Assets 2020: $139,4562020Assets 2021: $332,780Liabilities 2021: $110,551Net Assets 2021: $222,2292021Assets 2022: $300,652Liabilities 2022: $171,797Net Assets 2022: $128,8552022Assets 2023: $238,754Liabilities 2023: $342,346Net Assets 2023: -$103,5922023Assets 2024: $270,578Liabilities 2024: $263,550Net Assets 2024: $7,0282024

Highlighted filing

2024

Assets$270,578
Liabilities$263,550
Net Assets$7,028

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $585,5462010Expenses 2011: $608,0662011Expenses 2012: $648,6462012Revenue 2013: $634,209Expenses 2013: $659,668Net Income 2013: -$25,4592013Revenue 2014: $613,647Expenses 2014: $667,243Net Income 2014: -$53,5962014Revenue 2015: $635,392Expenses 2015: $656,936Net Income 2015: -$21,5442015Revenue 2016: $594,931Expenses 2016: $621,032Net Income 2016: -$26,1012016Revenue 2017: $632,506Expenses 2017: $569,933Net Income 2017: $62,5732017Revenue 2018: $514,681Expenses 2018: $607,416Net Income 2018: -$92,7352018Revenue 2019: $613,707Expenses 2019: $567,727Net Income 2019: $45,9802019Revenue 2020: $543,148Expenses 2020: $575,077Net Income 2020: -$31,9292020Revenue 2021: $672,608Expenses 2021: $589,835Net Income 2021: $82,7732021Revenue 2022: $812,459Expenses 2022: $905,833Net Income 2022: -$93,3742022Revenue 2023: $707,014Expenses 2023: $939,461Net Income 2023: -$232,4472023Revenue 2024: $949,581Expenses 2024: $838,961Net Income 2024: $110,6202024

Highlighted filing

2024

Revenue$949,581
Expenses$838,961
Net Income$110,620

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.71$2.64$0.07$9.50$8.39$1.11
2023Detailed filing. Detailed filing data is available for this year.$2.39$3.42$1.04$7.07$9.39$2.32
2022Detailed filing. Detailed filing data is available for this year.$3.01$1.72$1.29$8.12$9.06$0.93
2021Detailed filing. Detailed filing data is available for this year.$3.33$1.11$2.22$6.73$5.90$0.83
2020Detailed filing. Detailed filing data is available for this year.$2.43$1.04$1.39$5.43$5.75$0.32
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.35$1.71$6.14$5.68$0.46
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.20$1.25$5.15$6.07$0.93
2017Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$6.33$5.70$0.63
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$5.95$6.21$0.26
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.37$1.81$6.35$6.57$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$6.14$6.67$0.54
2013Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$6.34$6.60$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.00$2.81$6.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.00$3.73$6.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.00$3.71$5.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 24, 2025
Return Version
2024v5.0
Gross Receipts
$949,581
Mission and Program Overview

Mission

The real estate bar association (reba) for massachusetts, inc.'s primary mission is to advance the practice of real estate law in massachusetts by creating and sponsoring professional standards, actively participating in legislative processes,creating educational programs and material.

The organization's mission is to advance the practice of real estate law in massachusetts and promoting fair dealings and good fellowship among the members of the conveyancing bar.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$17,064$36,750▲ $19,686
Land, Buildings, and Equipment, Net$32,998$27,096▼ $5,902
Cash and Non-Interest-Bearing Accounts$60,637$12,737▼ $47,900
Investments Program Related$10,000$10,000→ $0
Total Assets$238,754$270,578▲ $31,824
Other Assets Total$118,055$183,995▲ $65,940
Liabilities
Other Liabilities$292,346$233,550▼ $58,796
Unsecured Notes Loans Payable$50,000$30,000▼ $20,000
Total Liabilities$342,346$263,550▼ $78,796
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-103,592$7,028▲ $110,620
Total Net Assets Fund Balance$-103,592$7,028▲ $110,620
Total Liabilities and Net Assets / Fund Balance$238,754$270,578▲ $31,824

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,638$162,411$177,049
Equipment$8,843$74,824$83,667
Buildings$3,615$9,925$13,540
Other Assets Org$158,120--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter Wittenborg EsqTreasurerFT$204,261$204,261
Nicole CohenClerkFT$105,600$105,600
Revenue and Support

Revenue Composition

Contributions and Grants
$19,356
Program Service Revenue
$929,638
Investment Income
$0
Other Revenue
$587
All Other Contributions
$19,356
Change in Net Assets
$110,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$580,980
Other Expenses$257,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$397,610--$397,610
Other Salaries and Wages$114,444--$114,444
Fees for Services Lobbying$61,197--$61,197
Occupancy-$48,182-$48,182
Payroll Taxes$39,721--$39,721
Other Employee Benefits$29,205--$29,205
Information Technology$28,316--$28,316
Office Expenses-$19,647-$19,647
Other Expenses$16,972$8,507-$8,507
All Other Expenses$5,720$2,748-$8,468
Fees for Services Accounting-$8,000-$8,000
Depreciation Depletion$5,902--$5,902
Interest-$4,700-$4,700
Advertising$3,290$200-$3,490
Insurance-$2,348-$2,348
Conferences and Meetings-$2,265-$2,265
Total Functional Expenses$702,377$136,584$0$838,961
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$61,197
Total Nondeductible Lobbying and Political Cost$61,197
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate - Reba Dispute Resolution$233,550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has three classes of members: 1. Active members - any attorney who is a member in good standing of the massachusetts bar may become a voting member of the association upon application to the clerk and full payment of the dues for the current year. 2. Honorary member - the judges, recorder and deputy recorder of the land court and registers of deeds of the several counties or registry districts of the commonwealth of massachusetts and such other persons as the board of directors may specify, shal be honorary members of the association. Any honorary member who is eligible for voting membership in the association may become a voting member by signifying his or her desire to be such to the clerk, and paying the annual dues. 3. Associate - any attorney who is a member in good standing of any jurisdiction other than the commonwealth of massachusetts and any other real estate professional, including, without limitation, paralegals, surveyors and title examiners, may become an associate of the association upon application to the clerk and full payment of the dues for the current year. Unless otherwise provided herin, associates shall be entitled to all rights and privileges as members accept the right to vote.

Form 990, Part VI, Section A, Line 7A

The voting members elect a president, president-elect, treasurer, clerk and other directors at the annual meeting. These officers can be removed at any time with or without cause by a majority vote of the voting members.

Form 990, Part VI, Section A, Line 7B

At all meetings of the members every voting member shall be entitled to one vote. When a quarum is present at any meeting, excepting where a larger vote may be required by law, the articles of organization the by-laws, the voting members present shall decide any question brought before the meeting.

Form 990, Part VI, Section B, Line 11B

The organization's governing body meets to review and approve the draft form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with its conflict of interest policy by inquiry of its officers, directors & employees. Any potential conflicts are discussed by management and/or the board of directors and proper measures are taken.

Form 990, Part VI, Section B, Line 15

The process for determining compensation for all staff persons, includes a review and approval of independent persons, comparable data, and a contemporaneous substantiation of the deliberation and decision.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Real Estate Bar Association for
EIN
20-5006664
Phone
6178547555
Address
PO BOX 432, NORTH EASTON, MA 02356

Signing Officer

Name
Peter Wittenborg
Title
Executive Director
Phone
6178547555
Signed
2025-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Wittenborg
Formed
1994
Legal Domicile
Ma
Voting Board Members
30
Independent Board Members
30
Employees
5
Volunteers
0

Preparer

Firm
Dias Lapalme & Martin Llp
Address
522 HAWTHORN STREET, NORTH DARTMOUTH, MA 02747
Preparer
David Lapalme CPA
Phone
5089949333
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IRS990/MissionDesc0THE REAL ESTATE BAR ASSOCIATION (REBA) FOR MASSACHUSETTS, INC.'S PRIMARY MISSION IS TO ADVANCE THE PRACTICE OF REAL ESTATE LAW IN MASSACHUSETTS BY CREATING AND SPONSORING PROFESSIONAL STANDARDS, ACTIVELY PARTICIPATING IN LEGISLATIVE PROCESSES,CREATING EDUCATIONAL PROGRAMS AND MATERIAL.
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