Civic Intelligence

Greater Richmond Association for Commercial Real Estate

990 • Fiscal year 2016 • EIN 54-1821047

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 07, 2017

Organization ProfileWWW.GRACRE.ORG
10134 HULL STREET ROAD Room SUITE ANorth Chesterfield, VA 23236

(804) 675-6502

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.59x

Higher debt load relative to assets than 92% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.37x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

41st percentile

-0.2%

Higher net margin than 41% 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

27th percentile

-9.3%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

27%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$133,669

Down $13,742 (-9.3%) from 2015

Net Assets

Down

$55,407

Down $490 (-0.9%) from 2015

Liabilities

Down

$78,262

Down $13,252 (-14%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin41st percentile

Revenue

Up

$211,602

Up $45,499 (+27%) from 2015

Expenses

Down

$212,092

Down $19,994 (-8.6%) from 2015

Net Income

Up

-$490

Up $65,493 (+99%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$200K$150K$100K$50K$0Assets 2011: $112,153Liabilities 2011: $28,6352011Assets 2012: $131,078Liabilities 2012: $45,350Net Assets 2012: $85,7282012Assets 2013: $157,007Liabilities 2013: $57,556Net Assets 2013: $99,4512013Assets 2014: $175,060Liabilities 2014: $53,180Net Assets 2014: $121,8802014Assets 2015: $147,411Liabilities 2015: $91,514Net Assets 2015: $55,8972015Assets 2016: $133,669Liabilities 2016: $78,262Net Assets 2016: $55,4072016Assets 2017: $100,577Liabilities 2017: $52,372Net Assets 2017: $48,2052017Assets 2018: $125,177Liabilities 2018: $73,670Net Assets 2018: $51,5072018Assets 2019: $155,456Liabilities 2019: $81,056Net Assets 2019: $74,4002019Assets 2020: $117,187Liabilities 2020: $44,885Net Assets 2020: $72,3022020Assets 2021: $127,676Liabilities 2021: $56,078Net Assets 2021: $71,5982021Assets 2022: $128,421Liabilities 2022: $73,640Net Assets 2022: $54,7812022Assets 2023: $75,093Liabilities 2023: $31,447Net Assets 2023: $43,6462023Assets 2024: $159,467Liabilities 2024: $50,702Net Assets 2024: $108,7652024

Highlighted filing

2016

Assets$133,669
Liabilities$78,262
Net Assets$55,407
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

$400K$200K$0-$200KRevenue 2011: $153,839Expenses 2011: $160,226Net Income 2011: -$6,3872011Expenses 2012: $191,0072012Revenue 2013: $170,705Expenses 2013: $156,982Net Income 2013: $13,7232013Revenue 2014: $189,131Expenses 2014: $166,702Net Income 2014: $22,4292014Revenue 2015: $166,103Expenses 2015: $232,086Net Income 2015: -$65,9832015Revenue 2016: $211,602Expenses 2016: $212,092Net Income 2016: -$4902016Revenue 2017: $209,953Expenses 2017: $217,155Net Income 2017: -$7,2022017Revenue 2018: $233,451Expenses 2018: $230,149Net Income 2018: $3,3022018Revenue 2019: $263,503Expenses 2019: $240,610Net Income 2019: $22,8932019Revenue 2020: $150,732Expenses 2020: $152,830Net Income 2020: -$2,0982020Revenue 2021: $148,260Expenses 2021: $148,964Net Income 2021: -$7042021Revenue 2022: $235,669Expenses 2022: $252,486Net Income 2022: -$16,8172022Revenue 2023: $317,324Expenses 2023: $328,459Net Income 2023: -$11,1352023Revenue 2024: $383,896Expenses 2024: $318,777Net Income 2024: $65,1192024

Highlighted filing

2016

Revenue$211,602
Expenses$212,092
Net Income-$490
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 7, 2017
Return Version
2016v3.0
Gross Receipts
$256,348
Mission and Program Overview

Mission

The purpose of the gracre meetings is for networking and 10-30 minute presentations on current issues of topics related to commerical real estate. Gracre holds meetings monthly with an attendance of 100-250.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$142,227$129,507▼ $12,720
Prepaid Expenses and Deferred Charges$4,475$3,575▼ $900
Land, Buildings, and Equipment, Net$709$587▼ $122
Total Assets$147,411$133,669▼ $13,742
Liabilities
Deferred Revenue$48,180$56,595▲ $8,415
Other Liabilities$43,334$21,667▼ $21,667
Total Liabilities$91,514$78,262▼ $13,252
Net Assets / Fund Balance
Unrestricted Net Assets$55,897$55,407▼ $490
Total Net Assets Fund Balance$55,897$55,407▼ $490
Total Liabilities and Net Assets / Fund Balance$147,411$133,669▼ $13,742

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$587$13,107$13,694
Compensation and Service Providers
Top Officer Pay69th percentile

Board Members and Trustees

NameTitle
Frank MartinoPresident
Bethany MillerDirector
Bob HughesDirector
Bobby ProuttDirector
Colleen SmithDirector
Danny MeyerDirector
Edwin GaskinDirector
Garrett HartDirector
Jamie ThomasDirector
Jane FerraraDirector
Jason GuillotDirector
Jonathan FrankDirector
Junie WestDirector
Malcolm RandolphDirector
Mercer FergusonDirector
Robert TaylorDirector
Scott CorwinDirector
Tim DaveyDirector
Toney HallDirector
Greg CampbellSecretary
Kristie IngeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,300
Program Service Revenue
$123,677
Investment Income
$251
Other Revenue
$374
Change in Net Assets
$-490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,092
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
All Other Expenses$85,162--$85,162
Fees for Services Management$30,859--$30,859
Payments to Affiliates-$21,216-$21,216
Office Expenses$2,443--$2,443
Other Expenses$2,000--$2,000
Insurance$1,292--$1,292
Fees for Services Accounting-$535-$535
Depreciation Depletion$121--$121
Total Functional Expenses$190,341$21,751$0$212,092
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,120
Fundraising Direct Expenses$44,746
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney$45,120$45,120$44,764$356
Total Events$45,120$45,120$44,764$356
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$21,667
Vcu Scholarship-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

“Review process no review was or will be conducted”

Form 990, Part VI, Line 19

“Other organization documents publicly available no documents available to the public”

Filing and Contact Details

Filer

Filer Name
Greater Richmond Association for
EIN
54-1821047
Phone
8046756502
Address
10134 HULL STREET ROAD Room SUITE A, NORTH CHESTERFIELD, VA 23236
Doing Business As
Commercial Real Estate

Signing Officer

Name
Danny Meyer
Title
President
Signed
2017-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Martino
Formed
2000
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
40

Preparer

Firm
Henshaw & Swineford PC
Address
2028 Dabney Road Suite 16, Richmond, VA 23230
Preparer
Terri Henshaw
Phone
8046490375
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“ADWARDS/GIFTS 3,624”

Form 990, Part IX, Line 24E

“Bank/merchant charges 5,828”

Form 990, Part IX, Line 24E

“Board/committee meetings 4,378”

Form 990, Part IX, Line 24E

“Joint summer social 1,200”

Form 990, Part IX, Line 24E

“New member reception 1,522”

Form 990, Part IX, Line 24E

“Nothing but networking 8,145”

Form 990, Part IX, Line 24E

“SEPT/OCT BIG EVENT 1,057”

Form 990, Part IX, Line 24E

“Greater richmond partnership donation 10,000”

Form 990, Part IX, Line 24E

“Real estate trends vcu 2,750”

Form 990, Part IX, Line 24E

“VENTURE RICHMOND 1,200”

Form 990, Part IX, Line 24E

“Past president dinner 890”

Form 990, Part IX, Line 24E

“Postage and shipping 1,119”

Form 990, Part IX, Line 24E

“Printing and publications 1,156”

Form 990, Part IX, Line 24E

“WEBSITE 825”

Form 990, Part IX, Line 24E

“MARKET REVIEW 21,175”

Form 990, Part IX, Line 24E

“Oct/national speaker 20,293”

Raw XML AppendixShowing 400 of 483 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THE GRACRE MEETINGS IS FOR NETWORKING AND 10-30 MINUTE PRESENTATIONS ON CURRENT ISSUES OF TOPICS RELATED TO COMMERICAL REAL ESTATE. GRACRE HOLDS MEETINGS MONTHLY WITH AN ATTENDANCE OF 100-250.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt085162
IRS990/AllOtherExpensesGrp/TotalAmt085162
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ASSOCIATION MANAGEMENT SERVICES
IRS990/BooksInCareOfDetail/PhoneNum08046757502
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010134 HULL STREET ROAD SUITE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH CHESTERFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023236
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0142227
IRS990/CashNonInterestBearingGrp/EOYAmt0129507
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt087300
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0251
IRS990/CYOtherExpensesAmt0212092
IRS990/CYOtherRevenueAmt0374
IRS990/CYProgramServiceRevenueAmt0123677
IRS990/CYRevenuesLessExpensesAmt0-490
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0212092
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0211602
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt048180
IRS990/DeferredRevenueGrp/EOYAmt056595
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0121
IRS990/DepreciationDepletionGrp/TotalAmt0121
IRS990/Desc0PRESENTED CURRENT ISSUES OF TOPICS RELATED TO COMMERICAL REAL ESTATE
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0COMMERCIAL REAL ESTATE
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0190341
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0535
IRS990/FeesForServicesAccountingGrp/TotalAmt0535
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt030859
IRS990/FeesForServicesManagementGrp/TotalAmt030859
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt19001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0GREG CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT CORWIN
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM DAVEY
IRS990/Form990PartVIISectionAGrp/PersonNm3MERCER FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm4JANE FERRARA
IRS990/Form990PartVIISectionAGrp/PersonNm5JONATHAN FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm6EDWIN GASKIN
IRS990/Form990PartVIISectionAGrp/PersonNm7JASON GUILLOT
IRS990/Form990PartVIISectionAGrp/PersonNm8TONEY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm9GARRETT HART
IRS990/Form990PartVIISectionAGrp/PersonNm10BOB HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm11KRISTIE INGE
IRS990/Form990PartVIISectionAGrp/PersonNm12FRANK MARTINO
IRS990/Form990PartVIISectionAGrp/PersonNm13DANNY MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm14BETHANY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm15BOBBY PROUTT
IRS990/Form990PartVIISectionAGrp/PersonNm16MALCOLM RANDOLPH
IRS990/Form990PartVIISectionAGrp/PersonNm17COLLEEN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm18ROBERT TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm19JAMIE THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm20JUNIE WEST
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
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/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt044746
IRS990/FundraisingGrossIncomeAmt045120
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0256348
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01292
IRS990/InsuranceGrp/TotalAmt01292
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0251
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0251
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013107
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0709
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0587
IRS990/LandBldgEquipCostOrOtherBssAmt013694
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt087300
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE GRACRE MEETINGS IS FOR NETWORKING AND 10-30 MINUTE PRESENTATIONS ON CURRENT ISSUES OF TOPICS RELATED TO COMMERICAL REAL ESTATE. GRACRE HOLDS MEETINGS MONTHLY WITH AN ATTENDANCE OF 100-250.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt055897
IRS990/NetAssetsOrFundBalancesEOYAmt055407
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0374
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02443
IRS990/OfficeExpensesGrp/TotalAmt02443
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BREAKFAST MEETINGS
IRS990/OtherExpensesGrp/Desc1AWARDS GALA
IRS990/OtherExpensesGrp/Desc2HOLIDAY GALA
IRS990/OtherExpensesGrp/Desc3MARKETING
IRS990/OtherExpensesGrp/ProgramServicesAmt024271
IRS990/OtherExpensesGrp/ProgramServicesAmt125629
IRS990/OtherExpensesGrp/ProgramServicesAmt218564
IRS990/OtherExpensesGrp/ProgramServicesAmt32000
IRS990/OtherExpensesGrp/TotalAmt024271
IRS990/OtherExpensesGrp/TotalAmt125629
IRS990/OtherExpensesGrp/TotalAmt218564
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherLiabilitiesGrp/BOYAmt043334
IRS990/OtherLiabilitiesGrp/EOYAmt021667
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt021216
IRS990/PaymentsToAffiliatesGrp/TotalAmt021216
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04475
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03575
IRS990/PrincipalOfficerNm0FRANK MARTINO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BREAKFEST MEETINGS -FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc2AWARDS GALA - FEES
IRS990/ProgramServiceRevenueGrp/Desc3HOLIDAY GALA - FEES
IRS990/ProgramServiceRevenueGrp/Desc4NETWORKING, MARKET REVIEW EVENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011457
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt322041
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt431691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt322041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt431691
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt088694
IRS990/PYInvestmentIncomeAmt0102
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0232086
IRS990/PYOtherRevenueAmt0293
IRS990/PYProgramServiceRevenueAmt077014
IRS990/PYRevenuesLessExpensesAmt0-65983
IRS990/PYTotalExpensesAmt0232086
IRS990/PYTotalRevenueAmt0166103
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-490
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DuesAssessmentsAmt087300
IRS990ScheduleD/EquipmentGrp/BookValueAmt0587
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013694
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1VCU SCHOLARSHIP
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0587
IRS990ScheduleD/TotalLiabilityAmt021667
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044764
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNEY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045120
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0356
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt044764
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt044764
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADWARDS/GIFTS 3,624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK/MERCHANT CHARGES 5,828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD/COMMITTEE MEETINGS 4,378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JOINT SUMMER SOCIAL 1,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW MEMBER RECEPTION 1,522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOTHING BUT NETWORKING 8,145
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEPT/OCT BIG EVENT 1,057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GREATER RICHMOND PARTNERSHIP DONATION 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REAL ESTATE TRENDS VCU 2,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9VENTURE RICHMOND 1,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAST PRESIDENT DINNER 890
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11POSTAGE AND SHIPPING 1,119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PRINTING AND PUBLICATIONS 1,156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13WEBSITE 825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14MARKET REVIEW 21,175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15OCT/NATIONAL SPEAKER 20,293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16REVIEW PROCESS NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24E

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$133,669
Liabilities
$78,262
Net assets
$55,407
Revenue
$211,602
Expenses
$212,092
Net income
-$490
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.51$1.09$3.84$3.19$0.65
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.31$0.44$3.17$3.28$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.74$0.55$2.36$2.52$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.56$0.72$1.48$1.49$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.45$0.72$1.51$1.53$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.81$0.74$2.64$2.41$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.74$0.52$2.33$2.30$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.52$0.48$2.10$2.17$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.34$0.78$0.55$2.12$2.12$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.47$0.92$0.56$1.66$2.32$0.66
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.53$1.22$1.89$1.67$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.57$0.58$0.99$1.71$1.57$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.45$0.86$1.91
2011Summary only. Only limited summary data is available for this year.$1.12$0.29$1.54$1.60$0.06