Civic Intelligence

Real Estate Standards Organization

EIN 45-4079029 • 501(c)6 • Raleigh, NC

Profile

To develop, adopt, and implement open and accepted data standards and processes across all real estate transactions and provide an environment for the development and implementation of data standards and processes that facilitate software innovation, ensure portability, eliminate redundances and obtain maximum efficiencies for all parties participating in real estate transactions.

PO Box 10824Raleigh, NC 27605

www.reso.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.39x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

0.40x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

36th percentile

0.3%

Higher net margin than 36% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

50th percentile

5.8%

Faster asset growth than 50% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

54th percentile

7.9%

Faster revenue growth than 54% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$3,360,423

Down $96,541 (-2.8%) from 2024

Liabilities

Down

$1,314,516

Down $107,451 (-7.6%) from 2024

Net Assets

Up

$2,045,907

Up $10,910 (+0.5%) from 2024

Operations
Liabilities / Revenue76th percentileNet Margin36th percentile

Revenue

Up

$3,271,731

Up $330,994 (+11%) from 2024

Expenses

Up

$3,260,972

Up $655,207 (+25%) from 2024

Net Income

Down

$10,759

Down $324,213 (-97%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $283,475Liabilities 2012: $175,292Net Assets 2012: $108,1832012Assets 2013: $451,990Liabilities 2013: $373,684Net Assets 2013: $78,3062013Assets 2014: $455,621Liabilities 2014: $301,160Net Assets 2014: $154,4612014Assets 2015: $787,342Liabilities 2015: $582,153Net Assets 2015: $205,1892015Assets 2016: $1,006,873Liabilities 2016: $902,407Net Assets 2016: $104,4662016Assets 2017: $1,143,694Liabilities 2017: $964,231Net Assets 2017: $179,4632017Assets 2018: $1,249,008Liabilities 2018: $1,135,707Net Assets 2018: $113,3012018Assets 2019: $1,390,191Liabilities 2019: $1,110,186Net Assets 2019: $280,0052019Assets 2020: $1,582,196Liabilities 2020: $915,583Net Assets 2020: $666,6132020Assets 2021: $2,794,536Liabilities 2021: $1,541,235Net Assets 2021: $1,253,3012021Assets 2022: $3,130,508Liabilities 2022: $1,550,435Net Assets 2022: $1,580,0732022Assets 2023: $3,004,289Liabilities 2023: $1,304,264Net Assets 2023: $1,700,0252023Assets 2024: $3,456,964Liabilities 2024: $1,421,967Net Assets 2024: $2,034,9972024Assets 2025: $3,360,423Liabilities 2025: $1,314,516Net Assets 2025: $2,045,9072025

Highlighted filing

2025

Assets$3,360,423
Liabilities$1,314,516
Net Assets$2,045,907
Open 2025 Filing

Operations Trend

Revenue Growth54th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $381,271Expenses 2012: $273,088Net Income 2012: $108,1832012Revenue 2013: $382,356Expenses 2013: $412,233Net Income 2013: -$29,8772013Revenue 2014: $687,934Expenses 2014: $782,921Net Income 2014: -$94,9872014Revenue 2015: $1,122,480Expenses 2015: $1,085,512Net Income 2015: $36,9682015Revenue 2016: $1,117,175Expenses 2016: $1,217,898Net Income 2016: -$100,7232016Revenue 2017: $1,466,046Expenses 2017: $1,391,049Net Income 2017: $74,9972017Revenue 2018: $1,612,825Expenses 2018: $1,678,987Net Income 2018: -$66,1622018Revenue 2019: $1,774,272Expenses 2019: $1,607,568Net Income 2019: $166,7042019Revenue 2020: $1,799,845Expenses 2020: $1,413,237Net Income 2020: $386,6082020Revenue 2021: $2,409,872Expenses 2021: $1,823,184Net Income 2021: $586,6882021Revenue 2022: $3,018,827Expenses 2022: $2,692,055Net Income 2022: $326,7722022Revenue 2023: $2,807,833Expenses 2023: $2,687,881Net Income 2023: $119,9522023Revenue 2024: $2,940,737Expenses 2024: $2,605,765Net Income 2024: $334,9722024Revenue 2025: $3,271,731Expenses 2025: $3,260,972Net Income 2025: $10,7592025

Highlighted filing

2025

Revenue$3,271,731
Expenses$3,260,972
Net Income$10,759
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,360,423
Liabilities
$1,314,516
Net assets
$2,045,907
Revenue
$3,271,731
Expenses
$3,260,972
Net income
$10,759
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.36$1.31$2.05$3.27$3.26$0.01
2024Detailed filing. Detailed filing data is available for this year.$3.46$1.42$2.03$2.94$2.61$0.33
2023Detailed filing. Detailed filing data is available for this year.$3.00$1.30$1.70$2.81$2.69$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.13$1.55$1.58$3.02$2.69$0.33
2021Detailed filing. Detailed filing data is available for this year.$2.79$1.54$1.25$2.41$1.82$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.92$0.67$1.80$1.41$0.39
2019Detailed filing. Detailed filing data is available for this year.$1.39$1.11$0.28$1.77$1.61$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.25$1.14$0.11$1.61$1.68$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.96$0.18$1.47$1.39$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.90$0.10$1.12$1.22$0.10
2015Summary only. Only limited summary data is available for this year.$0.79$0.58$0.21$1.12$1.09$0.04
2014Summary only. Only limited summary data is available for this year.$0.46$0.30$0.15$0.69$0.78$0.09
2013Summary only. Only limited summary data is available for this year.$0.45$0.37$0.08$0.38$0.41$0.03
2012Summary only. Only limited summary data is available for this year.$0.28$0.18$0.11$0.38$0.27$0.11
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 2, 2026
Return Version
2025v4.0
Gross Receipts
$3,271,731
Mission and Program Overview

Mission

To develop, adopt, and implement open and accepted data standards and processes across all real estate transactions and provide an environment for the development and implementation of data standards and processes that facilitate software innovation, ensure portability, eliminate redundances and obtain maximum efficiencies for all parties participating in real estate transactions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,521,741$2,260,836▼ $260,905
Cash and Non-Interest-Bearing Accounts$557,357$669,562▲ $112,205
Intangible Assets-$182,624-
Prepaid Expenses and Deferred Charges$47,389$77,779▲ $30,390
Land, Buildings, and Equipment, Net$102,197$44,349▼ $57,848
Accounts Receivable-$31,805-
Total Assets$3,456,964$3,360,423▼ $96,541
Other Assets Total$228,280$93,468▼ $134,812
Liabilities
Deferred Revenue$1,208,615$1,038,233▼ $170,382
Accounts Payable and Accrued Expenses$213,352$276,283▲ $62,931
Total Liabilities$1,421,967$1,314,516▼ $107,451
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,034,997$2,045,907▲ $10,910
Total Net Assets Fund Balance$2,034,997$2,045,907▲ $10,910
Total Liabilities and Net Assets / Fund Balance$3,456,964$3,360,423▼ $96,541

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$44,349$251,767$296,116
Compensation and Service Providers
Top Officer Pay30th percentile

Board Members and Trustees

NameTitle
Rebecca JensenChair
John BreaultVice Chair
Bob EvansDirector
Caitlin MccroryDirector
Dan TroupDirector
Dan WeismanDirector
Greg MooreDirector
Janine SiejaDirector
Joe WilhelmyDirector
Joseph SzurgyiDirector
Katy DavenportDirector
Marty ReedDirector
Matt CohenDirector
Matt HendricksDirector
Melissa KingDirector
Michael HayesDirector
Michael WurzerDirector
Rodney GanshoDirector
Ross BuckDirector
Shayne FairleyDirector
Richard RentonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Council Of Multiple Listing ServicesMeeting Serv.330 N WABASH AVE, Chicago, IL 60611$208,404
Big Binary LLCInfo Technology382 NE 191ST ST, Miami, FL 33179$147,875
Atomic Binary LLCInfo Technology382 NE 191ST ST, Miami, FL 33179$107,120
Revenue and Support

Revenue Composition

Contributions and Grants
$1,917,750
Program Service Revenue
$1,263,622
Investment Income
$90,359
Other Revenue
$0
All Other Contributions
$11,000
Change in Net Assets
$10,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,650,332
Salaries, Compensation, and Employee Benefits$1,610,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,400,599
Conferences and Meetings---$870,102
Travel---$103,821
Depreciation Depletion---$103,503
Payroll Taxes---$89,279
Other Employee Benefits---$72,554
Fees for Services Legal---$61,022
Pension Plan Contributions---$48,208
Office Expenses---$42,410
Fees for Services Accounting---$31,575
Advertising---$27,378
Information Technology---$14,847
Insurance---$11,038
Other Expenses---$3,736
Fees for Services Other---$3,389
Total Functional Expenses$0$0$0$3,260,972
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
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The real estate standards organization is a non-profit corporation organized with members.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors is voted on by members at an annual meeting.”

Form 990, Page 6, Part VI, Line 11B

“The treasurer reviews and approves the tax return.”

Form 990, Page 6, Part VI, Line 15A

“Board determines compensation”

Form 990, Page 6, Part VI, Line 15B

“Board determines compensation”

Form 990, Page 6, Part VI, Line 19

“Governing documents will be made available upon request.”

Filing and Contact Details

Filer

Filer Name
Real Estate Standards Organization
EIN
45-4079029
Phone
9195049896
Address
PO BOX 10824, RALEIGH, NC 27605

Signing Officer

Name
Richard Renton
Title
Treasurer
Phone
9195049896
Signed
2026-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Jensen
Formed
2011
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
8

Preparer

Firm
Joyce and Company CPA
Address
104 BRADY CT, CARY, NC 27511
Preparer
Shelton M Ennis CPA
Phone
9194660946
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To develop, adopt, and implement open and accepted data standards and processes across all real estate transactions and provide an environment for the development and implementation of data standards and processes that facilitate software innovation, ensure portability, eliminate redundances and obtain maximum efficiencies for all parties participating in real estate transactions.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO DEVELOP, ADOPT, AND IMPLEMENT OPEN AND ACCEPTED DATA STANDARDS AND PROCESSES ACROSS ALL REAL ESTATE TRANSACTIONS AND PROVIDE AN ENVIRONMENT FOR THE DEVELOPMENT AND IMPLEMENTATION OF DATA STANDARDS AND PROCESSES THAT FACILITATE SOFTWARE INNOVATION, ENSURE PORTABILITY, ELIMINATE REDUNDANCES AND OBTAIN MAXIMUM EFFICIENCIES FOR ALL PARTIES PARTICIPATING IN REAL ESTATE TRANSACTIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt02045907
IRS990/NetUnrlzdGainsLossesInvstAmt0151
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt042410
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1BANK CHARGES
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IRS990/OtherExpensesGrp/TotalAmt151290
IRS990/OtherExpensesGrp/TotalAmt23736
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IRS990/PayrollTaxesGrp/TotalAmt089279
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077779
IRS990/PrincipalOfficerNm0REBECCA JENSEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc1INTERNATIONAL MLS FORUM
IRS990/ProgramServiceRevenueGrp/Desc2EDUCATIONAL COURSES
IRS990/ProgramServiceRevenueGrp/Desc3WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc4COMPLIANCE AND CERTIFICATION
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1341189
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt264878
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36660
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt264878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42746
IRS990/ProgSrvcAccomActy2Grp/Desc0THE WEBSITE PROVIDES MEMBERS ACCESS ANYTIME WITH NEWS AND CURRENT EVENTS IN THE REAL ESTATE STANDARDS INDUSTRY. ALSO INFORMS MEMBERS OF UPCOMING EVENTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0TO PRODUCE A COMMON LANGUAGE SPOKEN BY SYSTEMS THAT HANDLE REAL ESTATE INFORMATION.
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IRS990/PYContributionsGrantsAmt01922238
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO DEVELOP, ADOPT, AND IMPLEMENT OPEN AND ACCEPTED DATA STANDARDS AND PROCESSES ACROSS ALL REAL ESTATE TRANSACTIONS AND PROVIDE AN ENVIRONMENT FOR THE DEVELOPMENT AND IMPLEMENTATION OF DATA STANDARDS AND PROCESSES THAT FACILITATE SOFTWARE INNOVATION, ENSURE PORTABILITY, ELIMINATE REDUNDANCES AND OBTAIN MAXIMUM EFFICIENCIES FOR ALL PARTIES PARTICIPATING IN REAL ESTATE TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE REAL ESTATE STANDARDS ORGANIZATION IS A NON-PROFIT CORPORATION ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS VOTED ON BY MEMBERS AT AN ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER REVIEWS AND APPROVES THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD DETERMINES COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD DETERMINES COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalProgramServiceRevenueAmt01263622
IRS990/TotalRevenueGrp/ExclusionAmt090359
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01263622
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03271731
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03456964
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03360423
IRS990/TravelGrp/TotalAmt0103821
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt021
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IRS990/WebsiteAddressTxt0WWW.RESO.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD RENTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09195049896
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REAL ESTATE STANDARDS ORGANIZATION

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