Civic Intelligence

Reem Summit Nfp

990EZ • Fiscal year 2022 • EIN 46-5727187

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Organization Profilewww.reemsummit.com
30 N LaSalle St Suite 4140Chicago, IL 60602

(312) 448-7830

Siviq Scores

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

Liabilities / Assets

95th percentile

0.73x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets95th percentile

Assets

Flat

$123,049

Flat from 2021

Net Assets

Flat

$33,188

Flat from 2021

Liabilities

Flat

$89,861

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $122,889 (-100%) from 2021

Expenses

Down

$0

Down $174,214 (-100%) from 2021

Net Income

Up

$0

Up $51,325 (+100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

2022

Assets$123,049
Liabilities$89,861
Net Assets$33,188
Open 2022 Filing

Operations Trend

Revenue Growth1st percentile

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

2022

Revenue$0
Expenses$0
Net Income$0
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

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

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 Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larissa HerczegPresident-$0--
Krista KerrSecretary-$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
Larissa Herczeg
Title
Officer
Phone
3124488087
Signed
2023-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
330 N Wabash Suite 3200, CHICAGO, IL 60611
Preparer
Kelly Raquet
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.”

Form 990EZ Part II Line 24

“Description:DEFERRED REVENUE BOY Amount:55400 EOY Amount:55400”

Form 990EZ Part II Line 26

“Description:DUE TO FUTURE REEM SUMMIT BOY Amount:89861 EOY Amount:89861”

Raw XML Appendix110 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OAK ST REAL ESTATE CAPITAL
IRS990EZ/BooksInCareOfDetail/PhoneNum03124487830
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 N LASALLE ST STE 4140
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt067649
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt067649
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt00
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0123049
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0123049
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033188
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033188
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033188
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033188
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Larissa Herczeg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Krista Kerr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt055400
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROFESSIONAL ORGANIZATION TO EDUCATE ABOUT REAL ESTATE EMERGING MANAGERS. HOLDS A CONFERENCE EVERY OTHER YEAR IN TEXAS.
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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt089861
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt089861
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.reemsummit.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE YEAR, THE ORGANIZATION DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:DEFERRED REVENUE BOY Amount:55400 EOY Amount:55400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:DUE TO FUTURE REEM SUMMIT BOY Amount:89861 EOY Amount:89861
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part V - Info Regarding Personal Benefit Contracts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART II LINE 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Larissa Herczeg
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum03124488087
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REEM Summit NFP
ReturnHeader/Filer/BusinessNameControlTxt0REEM
ReturnHeader/Filer/EIN0465727187
ReturnHeader/Filer/InCareOfNm0% OAK ST REAL ESTATE CAPITAL
ReturnHeader/Filer/PhoneNum03124487830
ReturnHeader/Filer/USAddress/AddressLine1Txt030 N LaSalle St Suite 4140
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 N Wabash Suite 3200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03128569100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelly Raquet
ReturnHeader/ReturnTs02023-11-10T12:43:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Larissa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Herczeg
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$123,049
Liabilities
$89,861
Net assets
$33,188
Revenue
$0
Expenses
$0
Net income
$0
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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$1.40$1.16$0.23