Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.73x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
39th percentile
Faster revenue growth than 39% of similar nonprofits.
Balance Sheet
Assets
Down$123,049
Down $155,527 (-56%) from 2019
Net Assets
Down$33,188
Down $51,110 (-61%) from 2019
Liabilities
Down$89,861
Down $104,417 (-54%) from 2019
Revenue And Expenses
Revenue
Down$122,889
Down $14,377 (-10%) from 2019
Expenses
Up$174,214
Up $49,323 (+39%) from 2019
Net Income
Down-$51,325
Down $63,700 (-515%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $122,889
Mission and Program Overview
Mission
Professional organization to educate about real estate emerging managers. Holds a conference every other year in texas.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $174,214 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Larissa Herczeg | President | - | $0 | - | - |
| Krista Kerr | Secretary | - | $0 | - | - |
| Edward Edington | Controller | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- REEM Summit NFP
- EIN
- 46-5727187
- In Care Of
- % OAK ST REAL ESTATE CAPITAL
- Phone
- 3124487830
- Address
- 30 N LaSalle St Suite 4140, Chicago, IL 60602
Signing Officer
- Name
- Kevin Halleran
- Title
- CFO
- Phone
- 3124487830
- Signed
- 2022-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bdo USA Llp
- Address
- 330 N Wabash Suite 3200, CHICAGO, IL 60611
- Preparer
- Jacob Cook
- Phone
- 3128569100
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part V - Info Regarding Personal Benefit Contracts
“during the year, The Organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. during the year, The Organization did not pay any premiums, directly or indirectly, on a personal benefit contract.”
Form 990EZ Part I Line 16
“Description:LODGING Amount:86206”
Form 990EZ Part I Line 16
“Description:MEALS & ENTERTAINMENT Amount:33214”
Form 990EZ Part I Line 16
“Description:TRAVEL & MEETINGS Amount:824”
Form 990EZ Part I Line 16
“Description:OTHER EXPENSES Amount:52052”
Form 990EZ Part I Line 20
“Description:PRIOR PERIOD ADJUSTMENT Amount:30994”
Form 990EZ Part II Line 24
“Description:DEFERRED REVENUE BOY Amount:EOY Amount:55400”
Form 990EZ Part II Line 26
“Description:DUE TO FUTURE REEM SUMMIT BOY Amount:EOY Amount:89861”
Raw XML Appendix137 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | OAK ST REAL ESTATE CAPITAL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3124487830 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 30 N LASALLE ST STE 4140 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60602 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 115507 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 67649 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 122889 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -51325 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1918 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 115507 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 123049 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 122889 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 115507 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33188 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 115507 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33188 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Larissa Herczeg |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Krista Kerr |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Edward Edington |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Controller |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 55400 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -30994 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 172296 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROFESSIONAL ORGANIZATION TO EDUCATE ABOUT REAL ESTATE EMERGING MANAGERS. HOLDS A CONFERENCE EVERY OTHER YEAR IN TEXAS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 174214 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 89861 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 174214 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 174214 |
| IRS990EZ/TotalRevenueAmt | 0 | 122889 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.reemsummit.com |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | during the year, The Organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. during the year, The Organization did not pay any premiums, directly or indirectly, on a personal benefit contract. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:LODGING Amount:86206 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description:MEALS & ENTERTAINMENT Amount:33214 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:TRAVEL & MEETINGS Amount:824 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description:OTHER EXPENSES Amount:52052 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description:PRIOR PERIOD ADJUSTMENT Amount:30994 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Description:DEFERRED REVENUE BOY Amount:EOY Amount:55400 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Description:DUE TO FUTURE REEM SUMMIT BOY Amount:EOY Amount:89861 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part V - Info Regarding Personal Benefit Contracts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990EZ PART I LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990EZ PART II LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990EZ PART II LINE 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kevin Halleran |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3124487830 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | REEM Summit NFP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REEM |
| ReturnHeader/Filer/EIN | 0 | 465727187 |
| ReturnHeader/Filer/InCareOfNm | 0 | % OAK ST REAL ESTATE CAPITAL |
| ReturnHeader/Filer/PhoneNum | 0 | 3124487830 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 30 N LaSalle St Suite 4140 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Chicago |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60602 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BDO USA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 330 N Wabash Suite 3200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60611 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3128569100 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jacob Cook |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T10:28:30-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Kevin |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Halleran |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $123,049
- Liabilities
- $89,861
- Net assets
- $33,188
- Revenue
- $122,889
- Expenses
- $174,214
- Net income
- -$51,325