Commercial Real Estate Women - Tampa Bay Inc

Nonprofit profile at a glance

EIN
593450478
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Lawrence, KS, USA
Phone
8138923829
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Real Estate Associations

Official website

Reported finances

Revenue
$818,540
Expenses
$779,067
Assets
$627,118
Liabilities
$127,338

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • LESLIE SMITH (PRESIDENT)
  • MEGAN PROULX DEMPSEY (PRESIDENT ELECT)
  • ELISE BATSEL (PAST PRESIDENT)

People named in this filing

  • LESLIE SMITH (PRESIDENT)
  • MEGAN PROULX DEMPSEY (PRESIDENT ELECT)
  • JENNIFER SCHER (NATIONAL DELEGATE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Crew tampa bay exists to transform the commercial real estate industry by promoting and empowering women through professional relationships, leadership opportunities and the continued pursuit of diversity, equity and inclusion.

What it reported doing in 2024

Crew tampa bay is the leading organization for women in the tampa bay real estate industry. As part of crew network, the industry's premier networking coalition, crew tampa bay is dedicated to transforming the commercial real estate industry by advancing women globally. Crew network's membership of more than 12,000 professionals in 80 major global markets represents all aspects of commercial real estate-providing our members with direct access to real estate professionals across all geographies and disciplines. Since 1996, crew tampa bay has connected commercial real estate professionals in the tampa bay area, working together to: create a dynamic and supportive environment that promotes advancement through knowledge sharing and networking; push the boundaries in every facet of commercial real estate through provocative dialogue among peers drawn from every discipline in the industry; provide education programs which directly affect day-to-day work and promote real change; encourage our members to be a force for activism and involvement in our communities; provide opportunities for members to build relationships which expand their professional connections and help them build business. Crew tampa bay members are empowered by sharing their knowledge and experience with others in our community while also learning from the insight and know-how of others. That's why we focus our efforts on networking programs such as go golf, go fish, economic summit, monthly luncheons, members only events, and host the annual excellence awards honoring top talent in the industry. By growing and strengthening our network, we aim to create more opportunities for women in commercial real estate.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, 7% for grants, and 15% for affiliated organizations.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 79
  • Accountability: 82
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 95
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 74.9%; rating input score 75; 33rd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 20.3% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 19.1% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 94.5% of revenue deployed · 99.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $773K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules · includes grants
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.