Real Estate Investment Adivisory Council of Az Inc
Nonprofit profile at a glance
- EIN
- 861012812
- IRS 990-EZ coverage
- 2013–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2016
- Location
- Phoenix, AZ, USA
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $60,200
- Expenses
- $83,139
- Assets
- $120,162
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Mark Singerman (Past President)
- David Kross (Past President)
- Ted Northrop Jr (President)
- Cindy Hammon (Vice President)
People named in this filing
- Mark Singerman (Past President)
- Steve Finlayson (Treasurer)
- Dick Lund (Director of Programs)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Real Estate Investment Advisory Council REIAC was established as a nonprofit trade association to provide a forum for the exchange of ideas concerns and experiences among senior executives who conduct commercial real estate transactions. We are an exclusive national fellowship of top real estate executives that offers superior educational events networking opportunities and community service. Our institutional quality programs are presented in a social environment where our members can share experiences and knowledge with their peers. Our events encourage members to broaden horizons and develop personal relationships that further their success within the industry.
What it reported doing in 2025
Keynote Speaker events for members to learn for leaders in the industry.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.6%; rating input score 7
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -38.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.45; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 6.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2013 to 2025
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.