Civic Intelligence

New York Chapter of Corenet Global Inc

EIN 45-5051907 • 501(c)6 • New York, NY

Profile

The new york chapter is a trade organtzation focused on education and providing a forum to discuss industry issues and develop solutions for corporate real estate executives in the new york area.

380 Lexington Avenue 5105New York, NY 10168

newyorkcity.corenetglobal.org

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

NTEE S41 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

NTEE S41 • $1M-$5M nonprofits • Source year 2025

Net Margin

24th percentile

-3.7%

Higher net margin than 24% of similar nonprofits.

NTEE S41 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

NTEE S41 • $1M-$5M nonprofits • Source year 2025

Asset Growth

13th percentile

-11%

Faster asset growth than 13% of similar nonprofits.

NTEE S41 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-9.1%

Faster revenue growth than 12% of similar nonprofits.

NTEE S41 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$988,786

Down $124,626 (-11%) from 2024

Liabilities

Down

$5,502

Down $60,934 (-92%) from 2024

Net Assets

Down

$983,284

Down $63,692 (-6.1%) from 2024

Revenue

Down

$1,720,180

Down $172,751 (-9.1%) from 2024

Expenses

Down

$1,783,872

Down $102,415 (-5.4%) from 2024

Net Income

Down

-$63,692

Down $70,336 (-1059%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,117,380Liabilities 2013: $0Net Assets 2013: $1,117,3802013Assets 2014: $1,246,312Liabilities 2014: $0Net Assets 2014: $1,246,3122014Assets 2015: $1,509,954Liabilities 2015: $0Net Assets 2015: $1,509,9542015Assets 2016: $1,330,479Liabilities 2016: $3,734Net Assets 2016: $1,326,7452016Assets 2017: $1,341,951Liabilities 2017: $13,508Net Assets 2017: $1,328,4432017Assets 2018: $1,291,392Liabilities 2018: $25,462Net Assets 2018: $1,265,9302018Assets 2019: $1,022,053Liabilities 2019: $40,085Net Assets 2019: $981,9682019Assets 2020: $596,629Liabilities 2020: $28,501Net Assets 2020: $568,1282020Assets 2021: $645,783Liabilities 2021: $18,772Net Assets 2021: $627,0112021Assets 2022: $630,160Liabilities 2022: $0Net Assets 2022: $630,1602022Assets 2023: $1,073,425Liabilities 2023: $33,093Net Assets 2023: $1,040,3322023Assets 2024: $1,113,412Liabilities 2024: $66,436Net Assets 2024: $1,046,9762024Assets 2025: $988,786Liabilities 2025: $5,502Net Assets 2025: $983,2842025

Highlighted filing

2025

Assets$988,786
Liabilities$5,502
Net Assets$983,284

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $933,079Expenses 2013: $1,000,981Net Income 2013: -$67,9022013Revenue 2014: $1,154,996Expenses 2014: $1,026,064Net Income 2014: $128,9322014Revenue 2015: $1,244,891Expenses 2015: $981,249Net Income 2015: $263,6422015Revenue 2016: $1,421,832Expenses 2016: $1,605,041Net Income 2016: -$183,2092016Revenue 2017: $1,380,907Expenses 2017: $1,379,209Net Income 2017: $1,6982017Revenue 2018: $1,434,094Expenses 2018: $1,496,607Net Income 2018: -$62,5132018Revenue 2019: $1,413,863Expenses 2019: $1,688,825Net Income 2019: -$274,9622019Revenue 2020: $1,318,813Expenses 2020: $1,732,131Net Income 2020: -$413,3182020Revenue 2021: $438,689Expenses 2021: $406,656Net Income 2021: $32,0332021Revenue 2022: $1,024,304Expenses 2022: $1,027,515Net Income 2022: -$3,2112022Revenue 2023: $1,365,929Expenses 2023: $955,757Net Income 2023: $410,1722023Revenue 2024: $1,892,931Expenses 2024: $1,886,287Net Income 2024: $6,6442024Revenue 2025: $1,720,180Expenses 2025: $1,783,872Net Income 2025: -$63,6922025

Highlighted filing

2025

Revenue$1,720,180
Expenses$1,783,872
Net Income-$63,692

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 11, 2025
Return Version
2024v5.2
Gross Receipts
$1,720,180
Mission and Program Overview

Mission

The new york chapter is a trade organization focused on education and providing a forum to discuss industry issues and develop solutions for corporate real estate executives in the new york area.

The mission of the new york city chapter is to connect groups of professionals, end-users and serviceproviders in order to advance knowledge, promote personal excellence and add value to eachindividual and their respective enterprises. Our chapter accomplishes our mission through facilitatingand sponsoring a variety of diversified programs that provide members educational and networkingopportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$692,141$568,801▼ $123,340
Investments in Publicly Traded Securities$254,500$253,181▼ $1,319
Savings and Temporary Cash Investments$166,771$166,804▲ $33
Total Assets$1,113,412$988,786▼ $124,626
Liabilities
Other Liabilities$66,436$5,502▼ $60,934
Total Liabilities$66,436$5,502▼ $60,934
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,046,976$983,284▼ $63,692
Total Net Assets Fund Balance$1,046,976$983,284▼ $63,692
Total Liabilities and Net Assets / Fund Balance$1,113,412$988,786▼ $124,626
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mindy Williams-mcelearneyChair
Christian BryanPresident
Sonya DufnerVice President
Ariel ZuradDirector
Courtney GrillDirector
Debra ColeDirector
Holly MartinDirector
Jeremy LibbyDirector
Laura PatelDirector
Margaux JaffaDirector
Michael MartinoDirector
Jason AsterInterim Secretary
Sandra YenchoSecretary
Will MonaghanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
10 South Street Banquet Operator LLCEvent Space10 SOUTH ST, New York, NY 10004$220,824
The Berman GroupAdministrative Services380 LEXINGTON AVENUE, New York, NY 10168$123,622
Old Oaks Country ClubVenue Costs3100 PURCHASE, New York, NY 10577$112,865
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,707,487
Investment Income
$33
Other Revenue
$12,660
Change in Net Assets
$-63,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,783,872
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,312,470
Fees for Services Management---$193,067
Advertising---$94,096
Fees for Services Accounting---$52,352
Information Technology---$26,700
Fees for Services Other---$11,044
Other Expenses---$8,800
Travel---$5,442
Office Expenses---$2,484
All Other Expenses---$2,428
Total Functional Expenses$0$0$0$1,783,872
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Chase Credit Card - 2430$5,502
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management duties were delegated to the berman group for the entire year. During their contract period, the management company attended board meetings and worked with officers to manage the group. They preformed all management and administrative duties for the organization.

Form 990, Part VI, Section A, Line 6

The organization has members.

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

Members receive a call to nominate the governing body and the nominations are sent to the nominating committee.

Form 990, Part VI, Section A, Line 8B

The organization documents committee meetings.

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

A copy of the form 990 is provided to the board at a board meeting and to the executive committee for review prior to filing.

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

The conflict of interest policy is a component of the organization's operations manual. Officers must sign and agree to the terms of the manual prior to joining the board. The conflicts of interest policy is reviewed annually at the new board member orientation.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, 990, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New York Chapter of Corenet Global Inc
EIN
45-5051907
Phone
2124507300
Address
380 LEXINGTON AVENUE 5105, NEW YORK, NY 10168

Signing Officer

Name
William Monaghan
Title
Treasurer
Phone
2124507300
Signed
2025-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Monaghan
Formed
2012
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Lanigan Ryan Pc
Address
9841 WASHINGTONIAN BLVD SUITE 300, GAITHERSBURG, MD 20878
Preparer
Jason Mills CPA
Phone
3012588900
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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/MissionDesc0THE NEW YORK CHAPTER IS A TRADE ORGANTZATION FOCUSED ON EDUCATION AND PROVIDING A FORUM TO DISCUSS INDUSTRY ISSUES AND DEVELOP SOLUTIONS FOR CORPORATE REAL ESTATE EXECUTIVES IN THE NEW YORK AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01046976
IRS990/NetAssetsOrFundBalancesEOYAmt0983284
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01046976
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0983284
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt02484
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COMMITTEE EXPENSES
IRS990/OtherExpensesGrp/Desc1BOARD EXPENSES
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt042820
IRS990/OtherExpensesGrp/TotalAmt117010
IRS990/OtherExpensesGrp/TotalAmt215159
IRS990/OtherExpensesGrp/TotalAmt38800
IRS990/OtherLiabilitiesGrp/BOYAmt066436
IRS990/OtherLiabilitiesGrp/EOYAmt05502
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt012660
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012660
IRS990/OtherRevenueTotalAmt012660
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM MONAGHAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL DINNER EVENT
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc2GOLF TOURNMENT
IRS990/ProgramServiceRevenueGrp/Desc3EVENT REGISTRATIONS
IRS990/ProgramServiceRevenueGrp/Desc4MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0499300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1495250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2429281
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3230618
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt453038
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0499300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1495250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2429281
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3230618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt453038
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-63692
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0166771
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166804
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05502
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CHASE CREDIT CARD - 2430
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt05502
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES WERE DELEGATED TO THE BERMAN GROUP FOR THE ENTIRE YEAR. DURING THEIR CONTRACT PERIOD, THE MANAGEMENT COMPANY ATTENDED BOARD MEETINGS AND WORKED WITH OFFICERS TO MANAGE THE GROUP. THEY PREFORMED ALL MANAGEMENT AND ADMINISTRATIVE DUTIES FOR THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS RECEIVE A CALL TO NOMINATE THE GOVERNING BODY AND THE NOMINATIONS ARE SENT TO THE NOMINATING COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOCUMENTS COMMITTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD AT A BOARD MEETING AND TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS A COMPONENT OF THE ORGANIZATION'S OPERATIONS MANUAL. OFFICERS MUST SIGN AND AGREE TO THE TERMS OF THE MANUAL PRIOR TO JOINING THE BOARD. THE CONFLICTS OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE NEW BOARD MEMBER ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, 990, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CORENET GLOBAL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0522337734
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TAX-EXEMPT MEMBERSHIP ORGANIZATION FOCUSED ON CORPORATE REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0133 PEACHTREE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030303
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0230618
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CORENET GLOBAL INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01707487
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01720180
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0988786
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05442
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0380 LEXINGTON AVENUE 5105
IRS990/USAddress/CityNm0NEW YORK

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