Civic Intelligence

Real Estate Executive Council Inc

990EZ • Fiscal year 2013 • EIN 83-0351380

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 03, 2014

875 N Michigan AveRoom/Suite 3430Chicago, IL 60611

(312) 573-5260

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

48th percentile

0.00x

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

90th percentile

27%

Higher net margin than 90% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

82nd percentile

29%

Faster asset growth than 82% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

77th percentile

19%

Faster revenue growth than 77% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$236,076

Up $53,660 (+29%) from 2012

Net Assets

Up

$236,076

Up $53,660 (+29%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$197,773

Up $31,120 (+19%) from 2012

Expenses

Up

$144,113

Up $45,257 (+46%) from 2012

Net Income

Down

$53,660

Down $14,137 (-21%) from 2012

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $117,119Liabilities 2011: $2,5002011Assets 2012: $182,416Net Assets 2012: $182,4162012Assets 2013: $236,076Liabilities 2013: $0Net Assets 2013: $236,0762013Assets 2014: $293,437Liabilities 2014: $95Net Assets 2014: $293,3422014Assets 2015: $337,380Liabilities 2015: $25,095Net Assets 2015: $312,2852015Assets 2016: $390,606Liabilities 2016: $95Net Assets 2016: $390,5112016Assets 2017: $464,478Liabilities 2017: $208Net Assets 2017: $464,2702017Assets 2018: $474,622Liabilities 2018: $5,487Net Assets 2018: $469,1352018Assets 2019: $422,848Liabilities 2019: $18,501Net Assets 2019: $404,3472019Assets 2020: $753,653Liabilities 2020: $13,492Net Assets 2020: $740,1612020Assets 2021: $1,005,777Liabilities 2021: $37,253Net Assets 2021: $968,5242021Assets 2022: $1,221,672Liabilities 2022: $42,152Net Assets 2022: $1,179,5202022Assets 2023: $1,179,615Liabilities 2023: $6,583Net Assets 2023: $1,173,0322023

Highlighted filing

2013

Assets$236,076
Liabilities$0
Net Assets$236,076

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $146,185Expenses 2011: $115,639Net Income 2011: $30,5462011Revenue 2012: $166,653Expenses 2012: $98,856Net Income 2012: $67,7972012Revenue 2013: $197,773Expenses 2013: $144,113Net Income 2013: $53,6602013Revenue 2014: $230,244Expenses 2014: $172,978Net Income 2014: $57,2662014Revenue 2015: $207,619Expenses 2015: $188,676Net Income 2015: $18,9432015Revenue 2016: $261,492Expenses 2016: $183,266Net Income 2016: $78,2262016Revenue 2017: $294,023Expenses 2017: $220,264Net Income 2017: $73,7592017Revenue 2018: $285,208Expenses 2018: $280,343Net Income 2018: $4,8652018Revenue 2019: $763,389Expenses 2019: $828,178Net Income 2019: -$64,7892019Revenue 2020: $1,002,276Expenses 2020: $666,462Net Income 2020: $335,8142020Revenue 2021: $1,539,354Expenses 2021: $1,310,991Net Income 2021: $228,3632021Revenue 2022: $2,292,647Expenses 2022: $2,081,651Net Income 2022: $210,9962022Revenue 2023: $2,027,451Expenses 2023: $2,058,940Net Income 2023: -$31,4892023

Highlighted filing

2013

Revenue$197,773
Expenses$144,113
Net Income$53,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 3, 2014
Return Version
2013v3.1
Gross Receipts
$197,773
Mission and Program Overview

Mission

The organizations primary exempt purpose is to promote the interests of minority executives doing business in the commercial real estate industry.

Form 990-ez, part iii, primary exempt purpose- the organizations primary exempt purpose is to promote the interests of minority executives doing business in the commercial real estate industry.

Program Services

DescriptionGrantsExpenses
FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION ACCOMPLISHES ITS MISSION BY CREATING OPPORTUNITIES FOR RELATIONSHIP DEVELOPMENT AND ACCESS TO INFORMATION THAT WILL LEAD TO INCREASED BUSINESS OPPORTUNITIES BETWEEN AND AMONG MEMEBERS, AS WELL AS WITH MAJORITY-OWNED FIRMS. THIS IS NOT A PUBLIC INTEREST LAW FIRM. THE ORGANIZATION ONLY HAS ONE PROGRAM. THERE WERE ZERO DONATED SERVICES, USE OF MATERIALS, EQUIPMENT, OR FACILITIES RECEIVED OR UTILIZED IN CONNECTION WITH A SPECIFIC PROGRAM SERVICE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMACHIE K ACKAHDirector-$0--
DENISE J LEWISDirector-$0--
KENNETH J BACONVice Chair-$0--
MOCTSUMA ESPARZADirector-$0--
VICTOR B MACFARLANEDirector-$0--
RICHMOND S MCCOYVice Chair-M-$0--
RONALD K MCDONALDDirector-$0--
KENNETH A MCINTYREDirector-$0--
AASIA MUSTAKEEMSecretary/Co-$0--
QUINTON E PRIMO IIIDirector-$0--
JAMES H SIMMONS IIIDirector-$0--
KIRK A SYKESChair-$0--
MICHAEL E TABBDirector-$0--
LESLIE D HALEDirector-$0--
TAMMY JONESDirector-$0--
ROLAND S MERCHANT JRDirector-$0--
Filing and Contact Details

Filer

EIN
83-0351380
Phone
3125735260

Signing Officer

Name
Oscar Groves
Title
Executive Director
Phone
3125735260
Signed
2014-11-03

Preparer

Preparer
Arthur S Gunn CPA
Phone
8474981597
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous fee income 4,028 total 4,028

Form 990-ez, Part I, Line 16

Expenses website 565 travel 10,554 insurance 986 conventions and forums 82,164 admin reimbursements 25,000 bank service charges 4,195 grants 7,500 miscellaneous 530 total 131,494

Form 990-ez, Part II, Line 24

Accounts receivable 0 2,500 total 0 2,500

Form 990-ez, Part II, Line 26

A/p & unearned memberships 0 0

Form 990-ez, Part III

Form 990-ez, part iii, primary exempt purpose- the organizations primary exempt purpose is to promote the interests of minority executives doing business in the commercial real estate industry.

Form 990-ez, Part III, Line 28

Form 990-ez, part iii, line 28, program service accomplishments: the organization accomplishes its mission by creating opportunities for relationship development and access to information that will lead to increased business opportunities between and among memebers, as well as with majority-owned firms. This is not a public interest law firm. The organization only has one program. There were zero donated services, use of materials, equipment, or facilities received or utilized in connection with a specific program service.

Raw XML Appendix172 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.

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CompensationExplanation/CompensationExplanationGrp/PersonNm3MOCTSUMA ESPARZA
CompensationExplanation/CompensationExplanationGrp/PersonNm4VICTOR B MACFARLANE
CompensationExplanation/CompensationExplanationGrp/PersonNm5RICHMOND S MCCOY
CompensationExplanation/CompensationExplanationGrp/PersonNm6RONALD K MCDONALD
CompensationExplanation/CompensationExplanationGrp/PersonNm7KENNETH A MCINTYRE
CompensationExplanation/CompensationExplanationGrp/PersonNm8AASIA MUSTAKEEM
CompensationExplanation/CompensationExplanationGrp/PersonNm9QUINTON E PRIMO III
CompensationExplanation/CompensationExplanationGrp/PersonNm10JAMES H SIMMONS III
CompensationExplanation/CompensationExplanationGrp/PersonNm11KIRK A SYKES
CompensationExplanation/CompensationExplanationGrp/PersonNm12MICHAEL E TABB
CompensationExplanation/CompensationExplanationGrp/PersonNm13LESLIE D HALE
CompensationExplanation/CompensationExplanationGrp/PersonNm14TAMMY JONES
CompensationExplanation/CompensationExplanationGrp/PersonNm15ROLAND S MERCHANT JR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY/CO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt0131494
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IRS990EZ/PrimaryExemptPurposeTxt0FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE- THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE INTERESTS OF MINORITY EXECUTIVES DOING BUSINESS IN THE COMMERCIAL REAL ESTATE INDUSTRY.
IRS990EZ/PrintingPublicationsPostageAmt02269
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION ACCOMPLISHES ITS MISSION BY CREATING OPPORTUNITIES FOR RELATIONSHIP DEVELOPMENT AND ACCESS TO INFORMATION THAT WILL LEAD TO INCREASED BUSINESS OPPORTUNITIES BETWEEN AND AMONG MEMEBERS, AS WELL AS WITH MAJORITY-OWNED FIRMS. THIS IS NOT A PUBLIC INTEREST LAW FIRM. THE ORGANIZATION ONLY HAS ONE PROGRAM. THERE WERE ZERO DONATED SERVICES, USE OF MATERIALS, EQUIPMENT, OR FACILITIES RECEIVED OR UTILIZED IN CONNECTION WITH A SPECIFIC PROGRAM SERVICE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt0144113
IRS990EZ/TotalRevenueAmt0197773
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.REEC.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS FEE INCOME 4,028 TOTAL 4,028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES WEBSITE 565 TRAVEL 10,554 INSURANCE 986 CONVENTIONS AND FORUMS 82,164 ADMIN REIMBURSEMENTS 25,000 BANK SERVICE CHARGES 4,195 GRANTS 7,500 MISCELLANEOUS 530 TOTAL 131,494
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 2,500 TOTAL 0 2,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A/P & UNEARNED MEMBERSHIPS 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE- THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE INTERESTS OF MINORITY EXECUTIVES DOING BUSINESS IN THE COMMERCIAL REAL ESTATE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION ACCOMPLISHES ITS MISSION BY CREATING OPPORTUNITIES FOR RELATIONSHIP DEVELOPMENT AND ACCESS TO INFORMATION THAT WILL LEAD TO INCREASED BUSINESS OPPORTUNITIES BETWEEN AND AMONG MEMEBERS, AS WELL AS WITH MAJORITY-OWNED FIRMS. THIS IS NOT A PUBLIC INTEREST LAW FIRM. THE ORGANIZATION ONLY HAS ONE PROGRAM. THERE WERE ZERO DONATED SERVICES, USE OF MATERIALS, EQUIPMENT, OR FACILITIES RECEIVED OR UTILIZED IN CONNECTION WITH A SPECIFIC PROGRAM SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0OSCAR GROVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03125735260
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10REAL ESTATE EXECUTIVE COUNCILINC
ReturnHeader/Filer/BusinessNameControlTxt0REAL
ReturnHeader/Filer/EIN0830351380
ReturnHeader/Filer/PhoneNum03125735260
ReturnHeader/Filer/USAddress/AddressLine10875 N MICHIGAN AVE
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 3430
ReturnHeader/Filer/USAddress/City0CHICAGO
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode060611
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010729456
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ARTHUR S GUNN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10910 SKOKIE BLVD STE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode060062
ReturnHeader/PreparerPersonGrp/PhoneNum08474981597
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARTHUR S GUNN CPA
ReturnHeader/ReturnTs02014-11-03T14:24:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings