STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

CENTER FOR SPECIALIZED REALTOR EDUCATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CENTER FOR SPECIALIZED REALTOR EDUCATION INC (EIN 36-4173556)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202043189349306044
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-13T15:03:14-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364173556EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Center for Specialized Realtor EducationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCENTBusinessNameControlTxt
Phone3123298200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MichiganAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJennifer RzeszewskiPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Signature2020-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Marc GouldBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MichiganAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,570,192GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.REBAC.netWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTo promote the common interest of its members by creating and presenting educational programs and encouraging high standards on the creation and awarding of designations, certifications and degrees in real estate.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$7,659,379PYProgramServiceRevenueAmt
CY Program Service Revenue$8,191,647CYProgramServiceRevenueAmt
PY Investment Income$457,563PYInvestmentIncomeAmt
CY Investment Income$555,665CYInvestmentIncomeAmt
PY Other Revenue$2,528PYOtherRevenueAmt
CY Other Revenue$540CYOtherRevenueAmt
PY Total Revenue$8,119,470PYTotalRevenueAmt
CY Total Revenue$8,747,852CYTotalRevenueAmt
PY Grants And Similar Paid$1,196,417PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$500,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,539,917PYOtherExpensesAmt
CY Other Expenses$7,143,241CYOtherExpensesAmt
PY Total Expenses$7,736,334PYTotalExpensesAmt
CY Total Expenses$7,643,241CYTotalExpensesAmt
PY Revenues Less Expenses$383,136PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,104,611CYRevenuesLessExpensesAmt
Total Assets BOY$21,525,366TotalAssetsBOYAmt
Total Assets EOY$23,293,898TotalAssetsEOYAmt
Total Liabilities BOY$2,987,054TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,810,303TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,538,312NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,483,595NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe mission of the Center for Specialized REALTOR Education (CSRE) is to promote the interest of members by creating and presenting educational programs; encouraging high standards through the creation/awarding of designations, certifications and degrees in real estate; and working with the NAR for the enactment of laws to advance interests of members.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTHE ACCREDITED BUYER'S REPRESENTATIVE (ABR) DESIGNATION PROGRAM PROVIDES MEMBERS WITH VALUABLE REAL ESTATE EDUCATION TO ELEVATE SKILLS AND KNOWLEDGE IN THE EYES OF HOMEBUYERS AND ONGOING SPECIALIZED INFORMATION, PROGRAMS AND UPDATES THAT HELP MEMBERS TO STAY ON TOP OF ISSUES AND TRENDS TO SUCCESSFULLY REPRESENT HOMEBUYERS. IN ADDITION, MEMBERS RECEIVE MARKETING TOOLS (INCLUDING THE HOMEBUYERS TOOLKIT) TO ENHANCE SERVICES TO CLIENTS AND ACCESS TO MEMBERS ONLY RESOURCES AND PUBLICATIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTHE SENIOR REAL ESTATE SPECIALIST DESIGNATION PROGRAM PROVIDES MEMBERS WITH VALUABLE REAL ESTATE EDUCATION TO ELEVATE SKILLS AND KNOWLEDGE IN THE EYES OF OLDER-AMERICANS AND WITH ONGOING SPECIALIZED INFORMATION, PROGRAMS AND UPGRADES THAT HELP MEMBERS STAY ON TOP OF ISSUES AND TRENDS TO SUCCESSFULLY REPRESENT OLDER-AMERICANS. ALSO, SEVERAL OTHER EDUCATIONAL ELECTIVE OPTIONS ARE OFFERED AS A PART OF THE ACCREDITED BUYER'S REPRESENTATIVE DESIGNATION PROGRAM. THESE INCLUDE COURSES DESIGNED TO ENHANCE MEMBER TECHNICAL SKILLS, MANAGEMENT SKILLS AND REAL ESTATE SAVVY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE SHORT SALES AND FORECLOSURES CERTIFICATION PROGRAM EDUCATES MEMBERS ON HOW TO HELP SELLERS MANEUVER THE COMPLEXITIES OF SHORT SALES AS WELL AS HELP BUYERS PURSUE SHORT SALE AND FORECLOSURE OPPORTUNITIES BY PROVIDING PROPER TOOLS AND TRAINING THAT MEMBERS CAN USE TO BUILD THEIR BUSINESS FOR THE LONG-TERM.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

DescDesc
The Pricing Strategy Advisor (PSA) certification program is specifically designed to enhance skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values. In this course students will learn to select appropriate comparables and make accurate adjustments to them, for use in developing home price opinions. Real estate professionals of all experience levels will enhance their skills of guiding sellers and buyers through the details of Comparative Market Analysis and the underlying pricing principles that inform them and interact effectively with appraisers.
INTRODUCTION OF THE MEMBERS EDGE LIVE EVENT. THIS ONE-DAY, HIGH-ENERGY CONFERENCE IS GEARED TOWARDS REALTORS WHO ARE EAGER TO LEARN HOW CUTTING-EDGE TECHNOLOGIES, THE LATEST INDUSTRY NEWS, AND NATIONAL ASSOCIATION OF REALTORS (NAR) RESOURCES CAN BENEFIT THEIR BUSINESS AND CLIENTS.
Introduction of the REALTOR Broker's Summit and NAR's Broker's Edge live event. The REALTOR Broker Summit offers an incredible two days of learning, exclusive insights, and networking opportunities. Stay on the cutting edge by discovering new technologies and business strategies from industry leaders. NAR's Broker's Edge is a one day event focused on learning, exclusive insights and networking opportunities for brokers.
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Marc GouldBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123298200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MichiganAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
BOB GOLDBERG
PRESIDENT1.050.5Yes (X)Yes (X)$0$2,239,943$41,297
MARC GOULD
SECRETARY/TREASURER7.530.0Yes (X)Yes (X)$0$489,741$41,297
CHARLES OPPLER
BOARD MEMBER1.030.0Yes (X)$0$170,647$0
VINCE MALTA
BOARD MEMBER1.030.0Yes (X)$0$239,747$0
JENNIFER RZESZEWSKI
EXECUTIVE DIRECTOR37.50.0Yes (X)$0$236,447$36,942
DALE STINTON
FORMER OFFICER0.00.5$0$250,000$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,626,525TotReportableCompRltdOrgAmt
Total Other Compensation$119,536TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
OMEGA PRINTING INC
201 WILLIAM STBENSENVILLEIL60106PRINTING Services$621,477
THE CE SHOP INC
5670 GREENWOOD PLAZA BLVDGREENWOOD VILLAGECO80111TECHNOLOGY SERVICES$354,441SUITE 420
Ernst & Young
155 N WACKER DRCHICAGOIL60606CONSULTING$150,000
HAMILTON EXHIBITS
9150 E 33RD STINDIANAPOLISIN46235ADVERTISING SERVICES$142,067
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
MEMBERSHIP DUES900099$3,939,652$3,939,652
EDUCATIONAL COURSES900099$3,946,288$3,946,288
PUBLICATIONS AND SERVICE MATERIALS900099$23,535$23,535
CONVENTIONS900099$178,065$178,065
SPONSORSHIPS900099$104,107$104,107

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,191,647TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$456,563TotalRevenueColumnAmt
Exclusion$456,563ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,921,442SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,822,340SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$99,102SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$99,102TotalRevenueColumnAmt
Exclusion$99,102ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$540TotalRevenueColumnAmt
Related Or Exempt Func Income$540RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$540OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,747,852TotalRevenueColumnAmt
Related Or Exempt Func Income$8,088,080RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$659,772ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$500,000TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,119TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,900TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$50,784TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$432,486TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,187,655TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$765,858TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$477,149TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$156,687TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$203,579TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$851,708TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,867TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
Course development$364,462
Allocable Salary Expense$2,515,243
Ecommerce Fees$98,744

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,643,241TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$288,517BOYAmt
EOY$2,879,236EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,779,007BOYAmt
EOY$4,953,115EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$472,092BOYAmt
EOY$447,581EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$7,950EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$678,187LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$668,975LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,079BOYAmt
EOY$9,212EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$13,201,954BOYAmt
EOY$13,233,087EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$1,763,717BOYAmt
EOY$1,763,717EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,525,366BOYAmt
EOY$23,293,898EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$685,776BOYAmt
EOY$732,355EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,301,278BOYAmt
EOY$2,077,948EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,987,054BOYAmt
EOY$2,810,303EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,538,312BOYAmt
EOY$20,483,595EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,538,312BOYAmt
EOY$20,483,595EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,525,366BOYAmt
EOY$23,293,898EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,104,611ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$840,672NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingYes (true)OnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$678,187OtherCostOrOtherBasisAmt
Depreciation$668,975DepreciationAmt
Book Value$9,212BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,212TotalBookValueLandBuildingsAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationThe Company follows guidance issued by the Financial Accounting Standards Board ("FASB") with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Company recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Company has no amounts accrued for interest or penalties as of December 31, 2019 and 2018. Due to its tax-exempt status, the Company is not subject to U.S. federal income tax or state income tax. The Company does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
REALTOR UNIVERSITY
430 N MICHIGAN AVECHICAGOIL60611452102449501(C)3$400,000FUNDING FOR OPERATIONS
NATIONAL ASSOCIATION OF REALTORS
430 N MICHIGAN AVECHICAGOIL60611361520690501(C)6$50,000CORPORATE ALLY PROGRAM - ISSUES ADVOCACY CAMPAIGNS
REALTOR RELIEF FOUNDATION
430 N MICHIGAN AVECHICAGOIL60611364468109501(C)3$50,000CHARITABLE CONTRIBUTION FOR DISASTER RELIEF EFFORTS
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationThe use of grants is monitored by reviewing documents which are required to be submitted by organizations receiving the funds to determine if monies are being use as intended.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BOB GOLDBERG
PRESIDENT$0$1,664,559$0$553,736$0$21,648$0$28,000$0$13,297$0$2,281,240$0$0
MARC GOULD
SECRETARY/TREASURER$0$324,518$0$156,447$0$8,776$0$28,000$0$13,297$0$531,038$0$0
VINCE MALTA
BOARD MEMBER$0$0$0$0$0$239,747$0$0$0$0$0$239,747$0$0
CHARLES OPPLER
BOARD MEMBER$0$0$0$0$0$170,647$0$0$0$0$0$170,647$0$0
DALE STINTON
FORMER OFFICER$0$250,000$0$0$0$0$0$0$0$0$0$250,000$0$0
JENNIFER RZESZEWSKI
EXECUTIVE DIRECTOR$0$188,249$0$48,198$0$0$0$23,645$0$13,297$0$273,389$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 3 Process to establish top management official compensationFormAndLineReferenceDesc
ExplanationCOMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED AND PAID BY NATIONAL ASSOCIATION OF REALTORS (NAR), A RELATED TAX-EXEMPT ORGANIZATION. NAR UTILIZES THE FOLLOWING METHODS TO DETERMINE THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEYS AND STUDIES - APPROVAL BY THE BOARD OF DIRECTORSExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ including grants of $) The Pricing Strategy Advisor (PSA) certification program is specifically designed to enhance skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values. In this course students will learn to select appropriate comparables and make accurate adjustments to them, for use in developing home price opinions. Real estate professionals of all experience levels will enhance their skills of guiding sellers and buyers through the details of Comparative Market Analysis and the underlying pricing principles that inform them and interact effectively with appraisers.
Form 990, Part III, Line 4d Description of other program services(Expenses $ including grants of $) INTRODUCTION OF THE MEMBERS EDGE LIVE EVENT. THIS ONE-DAY, HIGH-ENERGY CONFERENCE IS GEARED TOWARDS REALTORS WHO ARE EAGER TO LEARN HOW CUTTING-EDGE TECHNOLOGIES, THE LATEST INDUSTRY NEWS, AND NATIONAL ASSOCIATION OF REALTORS (NAR) RESOURCES CAN BENEFIT THEIR BUSINESS AND CLIENTS.
Form 990, Part III, Line 4d Description of other program services(Expenses $ including grants of $) Introduction of the REALTOR Broker's Summit and NAR's Broker's Edge live event. The REALTOR Broker Summit offers an incredible two days of learning, exclusive insights, and networking opportunities. Stay on the cutting edge by discovering new technologies and business strategies from industry leaders. NAR's Broker's Edge is a one day event focused on learning, exclusive insights and networking opportunities for brokers.
Form 990, Part VI, Line 15a 15B - process for determining compensationTHE ORGANIZATION'S OFFICERS ARE PAID BY NATIONAL ASSOCIATION OF REALTORS (NAR), A RELATED TAX-EXEMPT ORGANIZATION; THEREFORE LINES 15A AND 15B ARE HAVE BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
Form 990, Part VI, Line 6 Classes of members or stockholdersThe Center for Specialized REALTOR Education (CSRE) is organized as a not-for-profit corporation in which the National Association of REALTORS (NAR), a related exempt organization, is the sole corporate member. As the corporation's sole corporate member, NAR holds all the voting rights with respect to the CSRE. These rights include the right to elect Directors of the corporation and amend the Articles of Incorporation.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyPLEASE REFER TO THE SCHEDULE O NARRATIVE RESPONSE FOR FORM 990, PART IV, LINE 6
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersPLEASE REFER TO THE SCHEDULE O NARRATIVE RESPONSE FOR FORM 990, PART IV, LINE 6
Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing bodyThere are no committees with authority to act on the behalf of the governing body.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe form 990 is reviewed in detail by the President and Executive Director before it is filed.
Form 990, Part VI, Line 12c Conflict of interest policyOn an annual basis, the directors and officers of the organization receive a questionnaire designed to help identify any conflicting issues that may need to be addressed by the governing body. If any conflicts are noted, they are addressed by the Board in a timely manner. Also, if necessary the NAR General Council is consulted about appropriate steps to take if a conflict is identified. Any person that has a conflict is not allowed to vote on transactions or decisions for which that individual may personally benefit.
Form 990, Part VI, Line 19 Required documents available to the publicThe organization makes its governing documents and financial statements available to the public as appropriate on a case by case basis upon request. Conflict of interest policies are available upon request at any time.
FORM 990, PAGE 1, BOX J ORGANIZATION'S WEBSITECenter for Specialized REALTOR Education was formerly known as the Real Estate Buyer's Agency Council ("REBAC").

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
NATIONAL ASSOCIATION OF REALTORS
430 N MICHIGANCHICAGOIL60611361520690MEMBER SERVICESIL501(c)(6)NAfalse
LEONARD P REAUME MEMORIAL FOUNDATION
430 N MICHIGANCHICAGOIL60611393495865EDUCATIONIL501(c)(3)NARfalsePF
REALTORS RELIEF FOUNDATION
430 N MICHIGANCHICAGOIL60611364468109DISASTER RELIEFIL501(c)(3)NARfalse7
REALTORS POLITICAL ACTION COMMITTEE
430 N MICHIGANCHICAGOIL60611362795122POLITICAL ACTIVITYIL527NARfalse
NAR FUND
430 N MICHIGANCHICAGOIL60611261725187POLITICAL ACTIVITYIL527NARfalse
NAR CONGRESSIONAL FUND
430 N MICHIGANCHICAGOIL60611273388377POLITICAL ACTIVITYIL527NARfalse
REALTOR UNIVERSITY
430 N MICHIGANCHICAGOIL60611452102449EDUCATIONIL501(c)(3)CSREYes (true)2

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndBusiness Name Line2RelatedOrganizationName/BusinessNameLine2Txt
REALTOR INFORMATION NETWORK
430 N MICHIGANCHICAGOIL60611363981966REAL ESTATE INFOILNARC Corporationfalse
NATIONAL ASSOCIATION OF REALTORS BUSINESS ACTIVITIES CORPORATION AND SUBSID
430 N MICHIGANCHICAGOIL60611203467306REAL ESTATE SERVICESILNARC CorporationfalseIARIES
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Realtor UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$400,000InvolvedAmt
Method Of Amount DeterminationCashMethodOfAmountDeterminationTxt