2017-11-10T14:37:36-05:00 2016-12-31 161647899 JOHN R MANI CPA 292 MADISON AVENUE NEW YORK NY 10017 990 2016-01-01 131201480 THE REAL ESTATE BOARD OF NEW YORK INC REAL 2125323100 570 LEXINGTON AVENUE NEW YORK NY 10022 WILLIAM AUERBACH CFO 2125323100 2017-11-07 true JOHN R MANI P00523779 9736940172 2017-11-10 X 4A4F3FFECD28A8AB58A98F76F1B249D4D9233008 4A4F3FFECD28A8AB58A98F76F1B249D4D9233008 2016 2017-02-10 21:41:12Z JOHN BANKS 570 LEXINGTON AVENUE NEW YORK NY 10022 13944143 false X WWW.REBNY.COM X 1896 NY 1. TO UNITE IN COMMON ORGANIZATION THOSE PROFESSIONALLY ENGAGED IN REAL ESTATE. 2. TO PROTECT AND PROMOTE THE MUTUAL INTERESTS OF ITS MEMBERS. 3. TO FORMULATE AND MAINTAIN ETHICAL STANDARDS FOR THE GUIDANCE OF ITS MEMBERS IN THEIR RELATIONS WITH EACH OTHER AND THE PUBLIC. 4. TO ADVOCATE NECESSARY PUBLIC IMPROVEMENTS AND OPPOSE UNNECESSARY OR WASTEFUL EXPENDITURES OF PUBLIC FUNDS. 5. TO PROMOTE AND ENCOURAGE THE ENACTMENT OF JUST AND REASONABLE LAWS AND ORDINANCES AFFECTING REAL ESTATE AND TO OPPOSE THOSE THAT WOULD BE UNJUST AND UNREASONABLE. 6. TO SUPPLY MEMBERS WITH INFORMATION THEY NEED TO MAKE SOUND BUSINESS DECISIONS. 7. TO HELP REAL ESTATE PROFESSIONALS MEET STATE GOVERMENT LICENSING STANDARDS. 150 147 58 773814 -312107 0 13458796 13836445 112450 91395 27070 16303 13598316 13944143 0 0 6554618 7126813 0 0 6740925 5863886 13295543 12990699 302773 953444 15636900 16668337 9721826 9711598 5915074 6956739 X 1. TO UNITE IN COMMON ORGANIZATION THOSE PROFESSIONALLY ENGAGED IN REAL ESTATE. 2. TO PROTECT AND PROMOTE THE MUTUAL INTERESTS OF ITS MEMBERS. 3. TO FORMULATE AND MAINTAIN ETHICAL STANDARDS FOR THE GUIDANCE OF ITS MEMBERS IN THEIR RELATIONS WITH EACH OTHER AND THE PUBLIC. 4. TO ADVOCATE NECESSARY PUBLIC IMPROVEMENTS AND OPPOSE UNNECESSARY OR WASTEFUL EXPENDITURES OF PUBLIC FUNDS. 5. TO PROMOTE AND ENCOURAGE THE ENACTMENT OF JUST AND REASONABLE LAWS AND ORDINANCES AFFECTING REAL ESTATE AND TO OPPOSE THOSE THAT WOULD BE UNJUST AND UNREASONABLE. 6. TO SUPPLY MEMBERS WITH INFORMATION THEY NEED TO MAKE SOUND BUSINESS DECISIONS. 7. TO HELP REAL ESTATE PROFESSIONALS MEET STATE GOVERMENT LICENSING STANDARDS. false false 12990699 13836445 REBNY WAS CREATED IN 1896 AS THE STATES FIRST REAL ESTATE TRADE ASSOCIATION. IT WORKS ON BEHALF OF THE MUTUAL INTERESTS OF ITS MEMBERS BY PROMOTING PUBLIC AND INDUSTRY POLICIES. THE ORGANIZATION FREQUENTLY SPEAKS BEFORE GOVERNMENT BODIES WITH THE PRIMARY GOALS OF EXPANDING NEW YORKS ECONOMY, ENCOURAGING THE DEVELOPMENT AND RENOVATION OF COMMERCIAL AND RESIDENTIAL PROPERTY, ENHANCING THE CITYS APPEAL TO INVESTORS AND RESIDENTS AND FACILITATING PROPERTY MANAGEMENT. MEMBERS HAVE ACCESS TO THE BOARDS VARIOUS REAL ESTATE PROFESSIONAL EDUCATION PROGRAMS, INCLUDING STATE-CERTIFIED REQUIRED COURSES FOR LICENSING, CONTINUING EDUCATION COURSES AND SEMINARS TO HONE PROFESSIONAL SKILLS, AND COURSES TO MAINTAIN THE ETHICAL STANDARDS OF RELATIONS BETWEEN PROFESSIONALS AND WITH THE PUBLIC. THE RESEARCH DEPARTMENT, ALSO AT MEMBERS DISPOSAL, UNDERTAKES PROJECTS TO INVESTIGATE CURRENT RESIDENTIAL AND COMMERCIAL ISSUES OF IMPORTANCE TO THE INDUSTRY; TOPICS HAVE INCLUDED RESIDENTIAL CONVERSION TRENDS AND ENERGY CONSERVATION TECHNIQUES IN HIGH-RISE OFFICE BUILDINGS. A ZONING EXPERT IS ALSO ON HAND TO FIELD A WIDE RANGE OF INQUIRIES. THIS DEPARTMENT PUBLISHES A NUMBER OF IMPORTANT PERIODICALS, INCLUDING THE ANNUAL DIARY & MANUAL, WHICH IS CONSIDERED REAL ESTATES ALMANAC. REBNYS SEYMOUR B. DURST LIBRARY, LOCATED AT THE MIDTOWN OFFICE, MAINTAINS THE LARGEST COLLECTION OF REAL ESTATE-RELATED INFORMATION OF ANY NEW YORK CITY TRADE ASSOCIATION. ASIDE FROM SCORES OF PROFESSIONAL JOURNALS, PERIODICALS AND REPORTS ON INDUSTRY TOPICS, IT CONTAINS UP-TO-DATE COMPUTERIZED OWNERSHIP AND MORTGAGE INFORMATION FILES ON PROPERTIES IN ALL FIVE BOROUGHS, AS WELL AS ASSESSED VALUATION LISTINGS AND CURRENT PROPERTY MAPS. THE BOARD PROVIDES MEDIATION WHEN NECESSARY TO SETTLE DISPUTES WHETHER BETWEEN MEMBERS, BETWEEN MEMBERS AND THEIR FIRMS OR BETWEEN MEMBERS AND NON-MEMBERS. A QUALIFIED MEDIATOR THAT IS ACCEPTABLE TO BOTH PARTIES WILL HANDLE THE MEDIATION. ONCE THE PARTIES REACH AN AGREEMENT, IT IS PUT IN WRITING. SHOULD AN AGREEMENT NOT OCCUR, THE PARTIES MAY SUBMIT TO BINDING ARBITRATION. THE REBNY LISTING SERVICE (RLS) IS A SHARING OF LISTINGS AVAILABLE TO ALL REBNY FIRMS THAT ARE MEMBERS OF THE RESIDENTIAL BROKERAGE DIVISION AND NON-MEMBER FIRMS THAT RECEIVE REVENUE FROM THE SALE OR RENTAL OF RESIDENTIAL PROPERTY LOCATED IN THE JURISDICTIONS AUTHORIZED BY THE RESIDENTIAL BOARD OF DIRECTORS. THIS SYSTEM MANDATES THAT WITHIN 24 HOURS OF BEING ENGAGED AS AN EXCLUSIVE AGENT, EVERY RLS MEMBER MUST INITIATE AN OFFER OF CO-BROKERAGE OF ALL EXCLUSIVE SALE OR RENTAL LISTINGS LOCATED IN THE SAID JURISDICTIONS TO EVERY OTHER MEMBER OF THE RLS SYSTEM WHO HAS EXPRESSED IN WRITING AN INTEREST IN RECEIVING SUCH LISTINGS, UNLESS DIRECTED NOT TO DO SO BY THE SELLER. 12990699 false false true true false false false false false true false false true true true false true false false false false false false false false false false false true false false false true false true false false false false false true true true false true 78 0 true 58 true true true false false false false false X 150 147 false false false false true true true true true false false false true true true true true false false false X TRACEY MALLIN 2125323100 570 LEXINGTON AVENUE NEW YORK NY 10022 MARY ANN TIGHE CHAIRPERSON 0.50 X X 0 0 0 BURTON RESNICK PAST CHAIRPE 0.50 X 0 0 0 LARRY A SILVERSTEIN PAST CHAIRPE 0.50 X 0 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769234 0 28954 JAMES WHELAN EXECUTIVE VP 40.00 X 528583 0 38541 WILLIAM AUERBACH CFO 40.00 X 371754 0 24621 MICHAEL SLATTERY SENIOR VP 40.00 X 256598 0 34737 JOHN DOYLE SENIOR VP 40.00 X 220026 0 29465 JOSEPH BARBACCIA SENIOR VP 40.00 X 215730 0 28877 JAMIE MCSHANE SENIOR VP 40.00 X 213469 0 48251 TRACEY MALLIN CONTROLLER 40.00 X 182742 0 28145 MARYANN AVILES VP 40.00 X 163457 0 8523 FREDDIE SARABIA DIRECTOR - R 40.00 X 147992 0 9007 AMANDA WOOD VP 40.00 X 112332 0 3116 PAIMAAN LODHI VP 40.00 X 105370 0 29949 STEVEN SPINOLA PAST PRESIDE X 449628 0 60848 3736915 373034 13 true true false STRATUS DATA 14700 FRANK LLYOD WRIGHT BLVD SCOTTSDALE AZ 85260 CONSULTIING 235600 STROOCK & STROOCK & LAVAN LLP 180 MAIDEN LANE NEW YORK NY 10038 LEGAL SERVICES 220844 GREENBERG TRAURIG 54 STATE STREET ALBANY NY 12207 CONSULTING 205632 HARBINGER STRATEGIES LLC 1701 PENNSYLVANIA AVENUE NW STE 300 WASHINGTON DC 20006 CONSULTING 147430 BLUMTECHOLOGY CONSULTING 135 SAXON WOODS ROAD WHITE PLAINS NY 10605 CONSULTING 114983 5 MEMBERS DUES 9750058 9750058 ANNUAL BANQUET 1920637 1920637 EDUCATION,SEMINAR,LUNCHEON 658115 658115 MEMBERSHIP MEETINGS 489985 489985 RESIDENTIAL LISTING SERVICE 531390 328700 328700 688950 247521 441429 13836445 91395 91395 ARBITRATION FEES & OTHER 12584 12584 MEETING ROOM RENTAL 900099 2775 2775 SALE OF LABELS 900004 910 910 34 34 16303 13944143 13078934 773814 91395 2808840 510475 2451693 414647 624222 316936 357431 22200 289632 16722 495287 511444 1043155 167547 329452 64723 ANNUAL BANQUET EXPENSE 520684 EDUCATION & SEMINAR EXP 465947 MEMBERSHIP MEETING EXPEN 321014 CONSULTANTS 247364 1011284 12990699 0 0 0 1056504 423418 4335385 4993594 67043 71830 15869 13787 4297409 5071942 4153833 3318080 991571 835753 2782185 2972979 -1247121 3338055 2285034 15636900 16668337 3738854 3839245 3895531 3547290 2087441 2325063 9721826 9711598 X 5915074 6956739 5915074 6956739 15636900 16668337 953444 124583 -36362 X false true X true false false REAL ESTATE BD POLITICAL ACTION COM ACTION COMMITTEE 570 LEXINGTON AVENUE NEW YORK NY 10022 133098933 71143 false false false 9657558 420737 420737 676029 -255292 1373802 1040977 332825 2780031 2277103 502928 835753 DEFERRED COMPENSATION FUND 1516389 DEFERRED 457-B FUND 763422 DUE FROM AFFILIATES 5223 2285034 DEFERRED COMPENSATION 1516389 DEFERRED 457-B FUND 763422 DUE TO AFFILIATES 45252 2325063 X 12368804 124583 124583 12244221 1699922 1699922 13944143 11327139 36362 36362 11290777 1699922 1699922 12990699 SCHEDULE D, PAGE 3, PART X THE BOARD ADOPTED THE NEW ACCOUNTING FOR UNCERTAINTY IN INCOME TAX GUIDANCE WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS INCOME TAX RETURNS. THE BOARD'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE BOARD'S OPEN AUDIT PERIODS ARE 2013 TO 2016. IN EVALUATING THE BOARD'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS AND TAX STRATEGIES ARE CONSIDERED. MANAGEMENT OF THE BOARD BELIEVES THAT THEIR ESTIMATES ARE APPROPRIATE BASED ON THE CURRENT FACTS AND CONDITIONS. SCHEDULE D, PAGE 4, PART XI, LINE 4B EDUCATION COSTS 465,947 LEASE FORMS COSTS 7,443 BANQUET PRINTING 72,979 DIARY COSTS 211,796 ANNUAL BANQUET COSTS 520,684 GOLF & TENNIS COSTS 76,087 MEMBERSHIP MEETINGS COSTS 321,014 ARBITRATION COSTS 7,250 INVESTMENT FEES 16,722 SCHEDULE D, PAGE 4, PART XII, LINE 2D MINIMUM PENSION ADJUSTMENT 36,362 SCHEDULE D, PAGE 4, PART XII, LINE 4B EDUCATION COSTS 465,947 LEASE FORMS COSTS 7,443 BANQUET PRINTING 72,979 DIARY COSTS 211,796 ANNUAL BANQUET COSTS 520,684 GOLF & TENNIS COSTS 76,087 MEMBERSHIP MEETINGS COSTS 321,014 ARBITRATION COSTS 7,250 INVESTMENT FEES 16,722 X X false true false JOHN BANKS PRESIDENT 766516 2718 5300 23654 798188 JAMES WHELAN EXECUTIVE VP 527850 733 6229 32312 567124 WILLIAM AUERBACH CFO 369580 2174 6641 17980 396375 MICHAEL SLATTERY SENIOR VP 256119 479 10231 24506 291335 JOHN DOYLE SENIOR VP 219013 1013 8238 21227 249491 JOSEPH BARBACCIA SENIOR VP 213870 1860 4355 24522 244607 JAMIE MCSHANE SENIOR VP 213042 427 4354 43897 261720 TRACEY MALLIN CONTROLLER 182420 322 3711 24434 210887 MARYANN AVILES VP 163266 191 5122 3401 171980 FREDDIE SARABIA DIRECTOR - RLS 147645 347 9007 156999 STEVEN SPINOLA PAST PRESIDENT 443326 6302 16155 44693 510476 SCHEDULE J, PAGE 1, PART I, LINE 4 MICHAEL SLATTERY 0 5,000 0 JOHN DOYLE 0 3,750 0 STEVEN SPINOLA 0 10,000 0 LEONARD BOXER - PARTNER false STROOCK STROOCK LAVIN BRD OF GOVENORS 220845 LEGAL COUNSEL false DONALD ZUCKER BRD OF GOVENORS 61699 GOLF FACILITIES false SAMUEL IRLANDER BRD OF GOVENORS 42703 COURSE INSTRUCTOR true MARY GIBBS INLAW PAST PRES 68236 EMPLOYMENT false FORM 990 - ORGANIZATION'S MISSION 1. TO UNITE IN COMMON ORGANIZATION THOSE PROFESSIONALLY ENGAGED IN REAL ESTATE. 2. TO PROTECT AND PROMOTE THE MUTUAL INTERESTS OF ITS MEMBERS. 3. TO FORMULATE AND MAINTAIN ETHICAL STANDARDS FOR THE GUIDANCE OF ITS MEMBERS IN THEIR RELATIONS WITH EACH OTHER AND THE PUBLIC. 4. TO ADVOCATE NECESSARY PUBLIC IMPROVEMENTS AND OPPOSE UNNECESSARY OR WASTEFUL EXPENDITURES OF PUBLIC FUNDS. 5. TO PROMOTE AND ENCOURAGE THE ENACTMENT OF JUST AND REASONABLE LAWS AND ORDINANCES AFFECTING REAL ESTATE AND TO OPPOSE THOSE THAT WOULD BE UNJUST AND UNREASONABLE. 6. TO SUPPLY MEMBERS WITH INFORMATION THEY NEED TO MAKE SOUND BUSINESS DECISIONS. 7. TO HELP REAL ESTATE PROFESSIONALS MEET STATE GOVERMENT LICENSING STANDARDS. FORM 990, PAGE 2, PART III, LINE 4A PROFESSIONALS AND WITH THE PUBLIC. THE RESEARCH DEPARTMENT, ALSO AT MEMBERS DISPOSAL, UNDERTAKES PROJECTS TO INVESTIGATE CURRENT RESIDENTIAL AND COMMERCIAL ISSUES OF IMPORTANCE TO THE INDUSTRY; TOPICS HAVE INCLUDED RESIDENTIAL CONVERSION TRENDS AND ENERGY CONSERVATION TECHNIQUES IN HIGH-RISE OFFICE BUILDINGS. A ZONING EXPERT IS ALSO ON HAND TO FIELD A WIDE RANGE OF INQUIRIES. THIS DEPARTMENT PUBLISHES A NUMBER OF IMPORTANT PERIODICALS, INCLUDING THE ANNUAL DIARY & MANUAL, WHICH IS CONSIDERED REAL ESTATES ALMANAC. REBNYS SEYMOUR B. DURST LIBRARY, LOCATED AT THE MIDTOWN OFFICE, MAINTAINS THE LARGEST COLLECTION OF REAL ESTATE-RELATED INFORMATION OF ANY NEW YORK CITY TRADE ASSOCIATION. ASIDE FROM SCORES OF PROFESSIONAL JOURNALS, PERIODICALS AND REPORTS ON INDUSTRY TOPICS, IT CONTAINS UP-TO-DATE COMPUTERIZED OWNERSHIP AND MORTGAGE INFORMATION FILES ON PROPERTIES IN ALL FIVE BOROUGHS, AS WELL AS ASSESSED VALUATION LISTINGS AND CURRENT PROPERTY MAPS. THE BOARD PROVIDES MEDIATION WHEN NECESSARY TO SETTLE DISPUTES WHETHER BETWEEN MEMBERS, BETWEEN MEMBERS AND THEIR FIRMS OR BETWEEN MEMBERS AND NON-MEMBERS. A QUALIFIED MEDIATOR THAT IS ACCEPTABLE TO BOTH PARTIES WILL HANDLE THE MEDIATION. ONCE THE PARTIES REACH AN AGREEMENT, IT IS PUT IN WRITING. SHOULD AN AGREEMENT NOT OCCUR, THE PARTIES MAY SUBMIT TO BINDING ARBITRATION. THE REBNY LISTING SERVICE (RLS) IS A SHARING OF LISTINGS AVAILABLE TO ALL REBNY FIRMS THAT ARE MEMBERS OF THE RESIDENTIAL BROKERAGE DIVISION AND NON-MEMBER FIRMS THAT RECEIVE REVENUE FROM THE SALE OR RENTAL OF RESIDENTIAL PROPERTY LOCATED IN THE JURISDICTIONS AUTHORIZED BY THE RESIDENTIAL BOARD OF DIRECTORS. THIS SYSTEM MANDATES THAT WITHIN 24 HOURS OF BEING ENGAGED AS AN EXCLUSIVE AGENT, EVERY RLS MEMBER MUST INITIATE AN OFFER OF CO-BROKERAGE OF ALL EXCLUSIVE SALE OR RENTAL LISTINGS LOCATED IN THE SAID JURISDICTIONS TO EVERY OTHER MEMBER OF THE RLS SYSTEM WHO HAS EXPRESSED IN WRITING AN INTEREST IN RECEIVING SUCH LISTINGS, UNLESS DIRECTED NOT TO DO SO BY THE SELLER. FORM 990, PAGE 6, PART VI, LINE 6 THE REAL ESTATE BOARD OF NEW YORK HAS VARIOUS MEMBER CLASSIFICATIONS. FORM 990, PAGE 6, PART VI, LINE 7A BROKERS A AND B, APPRAISER A, MANAGEMENT A AND B, AND INSTITUTIONAL OWNER AND INVESTOR MEMBERS ARE ENTITLED TO VOTE AT MEETINGS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7B THE FOLLOWING MEMBER CLASSIFICATIONS HAVE VOTING RIGHTS OF DECISIONS OF THE GOVERNING BODY TO APPROVAL, BROKER A, MANAGEMENT A, OWNER A, BROKER B, MANAGEMENT B, OWNER AAA, OWNER B, INSTITUTIONAL OWNER, APPRAISER A. FORM 990, PAGE 6, PART VI, LINE 11B THE FEDERAL FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY SENT ON AN ANNUAL BASIS AND THEN IT IS REVIEWED BY THE CFO. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE PUBLISHED ANNUAL DIARY AND THE ORGANIZATION'S WEBSITE IN THE MEMBERS SECTION. FORM 990, PART XI, LINE 9 EDUCATION COSTS -465,947 LEASE FORMS COSTS -7,443 BANQUET PRINTING -72,979 DIARY COSTS -211,796 ANNUAL BANQUET COSTS -520,684 GOLF & TENNIS COSTS -76,087 MEMBERSHIP MEETINGS COSTS -321,014 ARBITRATION COSTS -7,250 INVESTMENT FEES -16,722 MINIMUM PENSION ADJUSTMENT -36,362 EDUCATION COSTS 465,947 LEASE FORMS COSTS 7,443 BANQUET PRINTING 72,979 DIARY COSTS 211,796 ANNUAL BANQUET COSTS 520,684 GOLF & TENNIS COSTS 76,087 MEMBERSHIP MEETINGS COSTS 321,014 ARBITRATION COSTS 7,250 INVESTMENT FEES 16,722 TOTAL -36,362 THE REBNY FOUNDATION INC 570 LEXINGTON AVENUE NEW YORK NY 10022 133317104 GRANTS NY 501C3 PF N/A false TAXPAYERS FOR AN AFFORDABLE NY INC 570 LEXINGTON AVENUE NEW YORK NY 10022 133606190 SOCIAL WEL NY 501C4 N/A false PUTTING NEW YORKERS TO WORK INC 570 LEXINGTON AVENUE NEW YORK NY 10022 273710229 SOCIAL WEL NY 501C4 N/A false REAL ESTATE BOARD POLITICAL ACTION COMMITTEE 570 LEXINGTON AVENUE NEW YORK NY 10022 133098933 PAC NY 527 N/A false TAXPAYERS FOR AN AFFORDABLE NY PAC 570 LEXINGTON AVENUE NEW YORK NY 10022 134040882 PAC NY 527 N/A false JOBS FOR NEW YORK INC 570 LEXINGTON AVENUE NEW YORK NY 10022 462319872 PAC NY 527 N/A false RESIDENTIALNYC INC 570 LEXINGTON AVENUE NEW YORK NY 10022 260290087 R/E LSTNG NY REBNY C CORP false false false false false false false false false false false false false false true true false false false false REAL ESTATE BOARD POLITICAL ACTION COMMITTEE O 64031 INVOICES