Civic Intelligence

Reem Summit Nfp

990EZ • Fiscal year 2016 • EIN 46-5727187

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization ProfileN/A
125 S Wacker Drive No 1220Chicago, IL 60606

(312) 448-7830

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

80th percentile

17%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets46th percentile

Assets

$54,740

No earlier filing loaded for comparison.

Net Assets

$54,740

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin80th percentile

Revenue

$139,746

No earlier filing loaded for comparison.

Expenses

$116,261

No earlier filing loaded for comparison.

Net Income

$23,485

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2016: $54,740Liabilities 2016: $0Net Assets 2016: $54,7402016Assets 2017: $107,242Liabilities 2017: $0Net Assets 2017: $107,2422017Assets 2019: $278,576Liabilities 2019: $194,278Net Assets 2019: $84,2982019Assets 2021: $123,049Liabilities 2021: $89,861Net Assets 2021: $33,1882021Assets 2022: $123,049Liabilities 2022: $89,861Net Assets 2022: $33,1882022Assets 2023: $245,532Liabilities 2023: $187,825Net Assets 2023: $57,7072023Assets 2024: $92,168Liabilities 2024: $34,461Net Assets 2024: $57,7072024

Highlighted filing

2016

Assets$54,740
Liabilities$0
Net Assets$54,740
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $139,746Expenses 2016: $116,261Net Income 2016: $23,4852016Revenue 2017: $152,901Expenses 2017: $100,399Net Income 2017: $52,5022017Revenue 2019: $137,266Expenses 2019: $124,891Net Income 2019: $12,3752019Revenue 2021: $122,889Expenses 2021: $174,214Net Income 2021: -$51,3252021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $220,153Expenses 2023: $195,634Net Income 2023: $24,5192023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2016

Revenue$139,746
Expenses$116,261
Net Income$23,485
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$139,746
Mission and Program Overview

Mission

Professional organization to educate about real estate emerging managers. Holds a conference every other year in texas.

Provide educational opportunities for emerging managers.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE REEM SUMMIT NFP IS TO EDUCATE AND INFORM THE REAL ESTATE INDUSTRY ABOUT EMERGING MANAGERS THROUGH INTERACTIVE DIALOGUE BETWEEN REAL ESTATE EMERGING MANAGERS.THE REEM SUMMIT NFP PROVIDES A PLATFORM FOR REAL ESTATE EMERGING MANAGERS TO SHARE IDEAS AND EXPERIENCES AND LEARN FROM EACH OTHER.$0$0
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARISSA HERCZEGPresident/Director-$0--
JAMES HENNESSEYTreasurer-$0--
KRISTA KERRSecretary-$0--
BENJAMIN FRIEDMANDirector-$0--
MICHAEL O'MALLEYDirector-$0--
PHILLIP SLOVITTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Reem Summit Nfp
EIN
46-5727187
Phone
3124487830
Address
125 S WACKER DRIVE NO 1220, CHICAGO, IL 60606

Signing Officer

Name
Larissa Herczeg
Title
President
Phone
3124487830
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
David Lowenthal
Phone
3122071040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: computer and internet. Amount: 5. Description: filing fees. Amount: 13. Description: conference expense. Amount: 114,637. Total to form 990-ez, line 16: 114,655.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: deposits [event related]. Beg. Of year amount: 21,020. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: deferred revenue. Beg. Of year amount: 122,496. End of year amount: 0.”

Raw XML Appendix140 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0OAK STREET REAL ESTATE CAPITAL
IRS990EZ/BooksInCareOfDetail/PhoneNum03124487830
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 S WACKER DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132731
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054740
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt080000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt023485
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01606
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0153751
IRS990EZ/Form990TotalAssetsGrp/EOYAmt054740
IRS990EZ/GrossReceiptsAmt0139746
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt059746
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031255
IRS990EZ/NetAssetsOrFundBalancesEOYAmt054740
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031255
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt054740
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LARISSA HERCZEG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES HENNESSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KRISTA KERR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BENJAMIN FRIEDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL O'MALLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PHILLIP SLOVITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt021020
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0114655
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL OPPORTUNITIES FOR EMERGING MANAGERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THE REEM SUMMIT NFP IS TO EDUCATE AND INFORM THE REAL ESTATE INDUSTRY ABOUT EMERGING MANAGERS THROUGH INTERACTIVE DIALOGUE BETWEEN REAL ESTATE EMERGING MANAGERS.THE REEM SUMMIT NFP PROVIDES A PLATFORM FOR REAL ESTATE EMERGING MANAGERS TO SHARE IDEAS AND EXPERIENCES AND LEARN FROM EACH OTHER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0122496
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0116261
IRS990EZ/TotalRevenueAmt0139746
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COMPUTER AND INTERNET. AMOUNT: 5. DESCRIPTION: FILING FEES. AMOUNT: 13. DESCRIPTION: CONFERENCE EXPENSE. AMOUNT: 114,637. TOTAL TO FORM 990-EZ, LINE 16: 114,655.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPOSITS [EVENT RELATED]. BEG. OF YEAR AMOUNT: 21,020. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 122,496. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LARISSA HERCZEG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03124487830
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REEM SUMMIT NFP
ReturnHeader/Filer/BusinessNameControlTxt0REEM
ReturnHeader/Filer/EIN0465727187
ReturnHeader/Filer/PhoneNum03124487830
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 S WACKER DRIVE NO 1220
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060606
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00255218D89E92AD710F876CA84D494452EB89ADB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.59.56.31
ReturnHeader/FilingSecurityInformation/IPDt02017-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:56:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 S RIVERSIDE PLAZA 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03122071040
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID LOWENTHAL
ReturnHeader/ReturnTs02017-05-15T15:40:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,740
Liabilities
$0
Net assets
$54,740
Revenue
$139,746
Expenses
$116,261
Net income
$23,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.34$0.58$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$1.88$0.58$2.20$1.96$0.25
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.90$0.33$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.90$0.33$1.23$1.74$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$1.94$0.84$1.37$1.25$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$1.53$1.00$0.53
2016Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.40$1.16$0.23