The American Real Estate & Urban Economics Association
Nonprofit profile at a glance
- EIN
- 237119584
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025, Form 990-EZ 2011
- Location
- Nashville, TN, USA
- Phone
- 8008214671
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $420,078
- Expenses
- $435,990
- Assets
- $1,087,716
- Liabilities
- $118,300
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- ALBERT SAIZ (PRESIDENT)
People named in this filing
- XUDONG AN (BOARD MEMBER)
- JACLENE BEGLEY (BOARD MEMBER)
- STEVE BILLINGS (BOARD MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the american real estate and urban economics association is in the areas of real estate, urban economics and allied areas to 1)promote education and encourage research; 2)improve communication and exchange information about college and university faculties; 3)facilitate association of academic, practicing professionals and researchers.
What it reported doing in 2025
The association holds an annual conference in conjunction with the allied social sciences association (assa) meeting in early january of each year.this conference is referred to as the areuea-assa conference. A separate annual conference is held each may or june and is referred to as the areuea national conference. The latter has traditionally been held in Washington, dc. The areuea-assa conference and the areuea national conference are both dedicated to furthering the exchange of research ideas and results about commercial and residential real estate markets, and urban economics. The association also holds an independent international conference each summer or works with a recognized professional real estate association or university from another part of the world to support that group's effort to enhance the state of real estate knowledge. In 2025, the annual conference was held in san francisco, ca, the national conference was held in Washington, dc, and the international conference was held in barcelona, spain. In addition, numerous research seminars were hosted online and in person to help keep their membership engaged.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 88
- Transparency & Controls: 94
- Accountability: 64
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.6%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 2.49; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 8.9% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
- Governance: 23 of 23 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $425K in reported program spending
- Leadership: top reported pay $0 · 23 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2012 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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.