Real Estate Research Institute
Nonprofit profile at a glance
- EIN
- 133415691
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- Hartford, CT, USA
- Phone
- 8606926341
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $167,776
- Expenses
- $165,458
- Assets
- $452,432
- Liabilities
- $76,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MARTHA PEYTON (PRESIDENT (THROUGH 05/24))
People named in this filing
- EVA STEINER (PRES. (AS OF 05/24)/TREAS/SEC)
- MARTHA PEYTON (PRESIDENT (THROUGH 05/24))
- JIM COSTELLO (TREASURER/SECRETARY (AS OF 05/24))
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The exempt purpose of the organization is to: 1. Establish an agenda of issues critical to a better understanding of real estate markets, investment characteristics and performance. 2. Raise funding to support objective research on these key issues. 3. Solicit, evaluate and fund specific proposals for research from academics, industry and the broader investment community. 4. Communicate the results as broadly as possible.
What it reported doing in 2024
Supported research of issues critical to understanding of real estate markets. Sponsored an annual seminar to communicate results of the research. Provided working papers and submitted articles to publications.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 54
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 92.9%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.4%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 2.73; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -9.6% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -2.5% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 92.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $154K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.