2023-11-14T14:53:12-05:00 2022-12-31 161647899 JOHN R MANI CPA 1 PENN PLAZA SUITE 2110 NEW YORK NY 10119 990 2022-01-01 131201480 THE REAL ESTATE BOARD OF NEW YORK INC REAL 2126165200 570 LEXINGTON AVENUE NEW YORK NY 10022 MAUREEN LAUSTER CFO 2125323100 2023-11-14 true MAUREEN LAUSTER XXX-XX-XXXX false JOHN R MANI P00523779 9736940172 2023-11-14 X 2022 2023-04-26 12:10:37Z JAMES WHELAN 570 LEXINGTON AVENUE NEW YORK NY 10022 16622426 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. 143 141 74 2290635 405000 539644 13628575 15462805 173016 551245 79182 68732 14285773 16622426 0 0 7595012 7800214 0 0 5886488 7411603 13481500 15211817 804273 1410609 13608943 13320941 5996957 5481528 7611986 7839413 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 15211817 15462805 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 POLICY & PLANNING 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. 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 ARBITRATION AND MEDIATION SERVICES WHEN NECESSARY TO SETTLE DISPUTES WHETHER BETWEEN MEMBERS, BETWEEN MEMBERS AND THEIR FIRMS OR BETWEEN MEMBERS AND NON-MEMBERS. A QUALIFIED ARBITRATOR OR MEDIATOR THAT IS ACCEPTABLE TO BOTH PARTIES WILL HANDLE A PARTICULAR MATTER. 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. 15211817 false true true true false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true true true false true 49 0 true 74 true true true false false false false false false false X 143 141 false false false false true true true true true false false false true true true true true false false false X TRACEY MALLIN 2126165200 570 LEXINGTON AVENUE NEW YORK NY 10022 DOUGLAS D DURST CHAIRPERSON 0.50 X X 0 0 0 WILLIAM C RUDIN CHAIRPERSON 0.50 X X 0 0 0 ROB SPEYER PAST CHAIRPE 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RESTRICTED false false false false 9223047 551678 551678 830074 -278396 669826 557470 112356 1186656 728835 457821 570177 DUE FROM AFFILIATES 537437 DEFERRED 457-B FUND 353849 891286 DEFERRED 457-B FUND 353849 353849 X 14288473 -631525 -631525 14919998 21490 1680938 1702428 16622426 14061046 551657 551657 13509389 21490 1680938 1702428 15211817 SCHEDULE D, PAGE 3, PART X THE BOARD ADOPTED THE 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 2019 TO 2022. 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. CONTINUED ON NEXT PAGE SCHEDULE D, PAGE 4, PART XI, LINE 4B ANNUAL EVENT COSTS 1,370,697 MGMT MEMBER NETWORKING COSTS 132,689 BROKERAGE MEMBER NETWORKING COSTS 175,145 MEMBER SERVICES COSTS 407 ARBITRATION COSTS 2,000 SCHEDULE D, PAGE 4, PART XII, LINE 2D MINIMUM PENSION ADJUSTMENT 551,657 SCHEDULE D, PAGE 4, PART XII, LINE 4B ANNUAL EVENT COSTS 1,370,697 MGMT MEMBER NETWORKING COSTS 132,689 BROKERAGE MEMBER NETWORKING COSTS 175,145 MEMBER SERVICES COSTS 407 ARBITRATION COSTS 2,000 false false false JAMES WHELAN PRESIDENT 832614 29433 44277 906324 MAUREEN LAUSTER CFO 237650 16491 13551 267692 TRACEY MALLIN CONTROLLER 221344 19645 15070 256059 SANDHYA ESPITIA COO 365475 23638 389113 CHRISTOPHER BEACH CTO 232810 18759 40085 291654 REGGIE THOMAS SVP 312268 20893 18111 351272 CARL HUM SVP GENERAL COUNSEL 230975 21457 46971 299403 BASHA GERHARDS SVP 173407 13018 48285 234710 NINVE JAMES SVP 312201 20893 333094 ZACHARY SCHECTER-STEINBERG SVP 184944 13018 11837 209799 SAMUEL SPOKONY SVP 179122 11011 11621 201754 YVONNE RILEY-TEPIE SVP 245355 22058 28734 296147 MIAH YOO SVP 147919 9246 15151 172316 MARYANN AVILES VP 195675 23359 4269 223303 RYAN MONELL VP 163720 10093 13651 187464 COLLEEN SLATTERY VP 137867 11083 14051 163001 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 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 POLICY & PLANNING 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. 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 ARBITRATION AND MEDIATION SERVICES WHEN NECESSARY TO SETTLE DISPUTES WHETHER BETWEEN MEMBERS, BETWEEN MEMBERS AND THEIR FIRMS OR BETWEEN MEMBERS AND NON-MEMBERS. A QUALIFIED ARBITRATOR OR MEDIATOR THAT IS ACCEPTABLE TO BOTH PARTIES WILL HANDLE A PARTICULAR MATTER. 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 ANNUAL EVENT COSTS -1,370,697 MGMT MEMBER NETWORKING COSTS -132,689 BROKERAGE MEMBER NETWORKING COSTS -175,145 MEMBER SERVICES COSTS -407 ARBITRATION COSTS -2,000 MINIMUM PENSION ADJUSTMENT -551,657 ANNUAL EVENT COSTS 1,370,697 MGMT MEMBER NETWORKING COSTS 132,689 BROKERAGE MEMBER NETWORKING COSTS 175,145 MEMBER SERVICES COSTS 407 ARBITRATION COSTS 2,000 TOTAL -551,657 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 IE NY 527 N/A false FIVE BOROUGHS JOBS CAMPAIGN INC 570 LEXINGTON AVENUE NEW YORK NY 10022 844058366 SOCIAL WEL NY 501C4 N/A false false false false false false false false false false false false false false false true false false false false REAL ESTATE BOARD POLITICAL ACTION COMMITTEE O 80460 INVOICES THE REBNY FOUNDATION INC O 391774 INVOICES