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← COMMERCIAL REAL ESTATE DEVELOPMENT SSOCIATION GEORGIA CORPORATION

Form 990 for tax year 2024

Filed by COMMERCIAL REAL ESTATE DEVELOPMENT SSOCIATION GEORGIA CORPORATION.

Totals

Total revenue
$629,758
Total expenses
$513,739
Contributions and grants received
$303,168
Grants paid
$72,656
Program service revenue
$105,246
Investment income
$6,082
Other revenue
$215,262
Total assets, end of year
$820,446
Total liabilities, end of year
$251,400
Net assets or fund balances, end of year
$569,046
Program services expenses (Part IX)
$201,054
Management and general expenses
$291,705
Fundraising expenses
$20,980
Program service expenses (Part III)
$201,054

Program services were 39.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $170,938

  • 1c · Fundraising events

    $132,230

  • 2a · Program service revenue: MEETINGS REVENUE:REGISTRATION

    total $58,643 · related or exempt $58,643

  • 2b · Program service revenue: OTHER SPECIAL EVENTS INCOME:R

    total $19,800 · related or exempt $19,800

  • 2c · Program service revenue: SPONSORSHIPS

    total $8,500 · related or exempt $8,500

  • 2d · Program service revenue: OTHER INCOME

    total $8,000 · related or exempt $8,000

  • 2e · Program service revenue: CORPORATE & FOUNDATION GRANTS

    total $7,800 · related or exempt $7,800

  • 2f · All other program service revenue

    total $2,503 · related or exempt $2,503

  • 3 · Investment income

    total $6,082 · related or exempt $6,082

  • 8a · Fundraising events: gross income

    $464,235

  • 8a · Fundraising events: contributions included on line 1c

    $132,230

  • 8b · Fundraising events: direct expenses

    $249,475

  • 8c · Net income from fundraising events

    total $214,760 · excluded $214,760

  • 11a · Other revenue: OTHER INCOME

    total $502 · related or exempt $502

  • 11e · Other revenue, total

    $502

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $72,656 · program services $72,656

  • 7 · Other salaries and wages

    total $24,299 · management and general $24,299

  • 10 · Payroll taxes

    total $1,718 · management and general $1,718

  • 11a · Fees: management

    total $115,833 · management and general $115,833

  • 11b · Fees: legal

    total $3,090 · program services $1,165 · management and general $1,425 · fundraising $500

  • 11c · Fees: accounting

    total $32,607 · management and general $32,607

  • 12 · Advertising and promotion

    total $810 · fundraising $810

  • 13 · Office expenses

    total $40,148 · program services $251 · management and general $31,196 · fundraising $8,701

  • 16 · Occupancy

    total $50,192 · management and general $50,192

  • 17 · Travel

    total $25,099 · program services $12,443 · management and general $9,687 · fundraising $2,969

  • 19 · Conferences, conventions and meetings

    total $128,575 · program services $113,825 · management and general $14,750

  • 20 · Interest

    total $2,374 · management and general $2,374

  • 23 · Insurance

    total $6,797 · management and general $6,797

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $8,000 · fundraising $8,000

  • 24b · Other expenses: OTHER MISC. EXPENSE

    total $869 · program services $714 · management and general $155

  • 24c · Other expenses: STAFF TRAINING / DEVELOPM

    total $625 · management and general $625

  • 24d · Other expenses: BOARD EXPENSES

    total $47 · management and general $47

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $482,211 · end of year $435,855

  • 2 · Savings and temporary cash investments

    end of year $345,064

  • 4 · Accounts receivable

    beginning of year $64,371 · end of year $20,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,391 · end of year $13,255

  • 15 · Other assets

    beginning of year $5,772 · end of year $5,772

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,752 · end of year $29,835

  • 19 · Deferred revenue

    beginning of year $40,920 · end of year $221,565

  • 25 · Other liabilities

    beginning of year $27,046

  • 27 · Net assets without donor restrictions

    beginning of year $392,190 · end of year $508,209

  • 28 · Net assets with donor restrictions

    beginning of year $60,837 · end of year $60,837

Mission and programs · 2024

Mission

THE ORGANIZATION WAS FORMED TO PROMOTE A LEVEL OF UNDERSTANDING AND APPRECIATION BY THE GENERAL PUBLIC OF THE BENEFITS AND ADVANTAGES OF INDUSTRIAL AND OFFICE PARK DEVELOPMENT AND TO PROVIDE A CONVENIENT MECHANISM FOR MEMBERS TO EXCHANGE INFORMATION AND SHARE THEIR EXPERIENCES ON MATTERS OF COMMON INTEREST AND CONCERN.

Activities or mission (Part I)

THE ORGANIZATION WAS FORMED TO PROMOTE A LEVEL OF UNDERSTANDING AND APPRECIATION BY THE GENERAL PUBLIC OF THE BENEFITS AND ADVANTAGES OF INDUSTRIAL AND OFFICE PARK DEVELOPMENT AND TO PROVIDE A CONVENIENT MECHANISM FOR MEMBERS TO EXCHANGE INFORMATION AND SHARE THEIR EXPERIENCES ON MATTERS OF COMMON INTEREST AND CONCERN. AT YEAR END IT HAD 656 MEMBERS. THE ORGANIZATION HOLDS MONTHLY MEETINGS AND OTHER EVENTS THAT PROVIDE FOR EDUCATIONAL, SOCIAL, AND NETWORKING OPPORTUNITIES. IT CONDUCTS A CHARITY FUNDRAISER EACH YEAR. THE PROCEEDS FROM THESE EVENTS SUPPORT A SCHOOL FOR DISADVANTAGED YOUTH AND OTHER LOCAL CHARITABLE ORGANIZATIONS.

  • DURING 2024, THE ORGANIZATION HELD MEETINGS AND EVENTS THAT PROVIDED EDUCATIONAL, SOCIAL, AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. A FUND- RAISING EVENTS WERE HELD. THE ORGANIZATION HAS A SUMMER INTERN PROGRAM AND DOES A SCHOOL CHALLENGE FOR MASTER'S LEVEL STUDENTS IN COMMERCIAL REAL ESTATE. ALSO, THE ORGANIZATION HAS A YOUNG PROFESSIONAL'S PROGRAM - NAIOP FUTURE LEADERS (NFL). WE SUPPORT CHARITABLE ORGANIZATIONS SUCH AS RON CLARK ACADEMY AND OTHERS.

    Expenses $201,054 · Grants $72,656 · Revenue $105,246

  • DURING 2024, THE ORGANIZATION HELD MEETINGS AND EVENTS THAT PROVIDED EDUCATIONAL, SOCIAL, AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. A FUND- RAISING EVENTS WERE HELD. THE ORGANIZATION HAS A SUMMER INTERN PROGRAM AND DOES A SCHOOL CHALLENGE FOR MASTER'S LEVEL STUDENTS IN COMMERCIAL REAL ESTATE. ALSO, THE ORGANIZATION HAS A YOUNG PROFESSIONAL'S PROGRAM - NAIOP FUTURE LEADERS (NFL). WE SUPPORT CHARITABLE ORGANIZATIONS SUCH AS RON CLARK ACADEMY AND OTHERS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Teresa Tatum

    EXECUTIVE DI

    Total calculated
    $117,513
    From this org
    $117,513
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Devin Barnwell

    VP MEMBERSHI

    Total calculated
    $0
    Hours/week
    0.5

  • Annie Baxter

    VP GOV. AFFA

    Total calculated
    $0
    Hours/week
    0.5

  • Gregory Boler

    PRES. ELECT

    Total calculated
    $0
    Hours/week
    1.5

  • Christine Curry

    VP EDUCATION

    Total calculated
    $0
    Hours/week
    0.5

  • Caroline Fisher

    NFL/DL ADVIS

    Total calculated
    $0
    Hours/week
    0.5

  • Brandon Houston

    VP PHILANTHR

    Total calculated
    $0
    Hours/week
    0.5

  • Ryan Hoyt

    VP SPONSORSH

    Total calculated
    $0
    Hours/week
    0.5

  • Bo Jackson

    VP SPONSORSH

    Total calculated
    $0
    Hours/week
    0.5

  • Jennifer Koontz

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Suzanne Markley

    IMM. PAST PR

    Total calculated
    $0
    Hours/week
    0.5

  • Molly Millard

    NFL/DL DIREC

    Total calculated
    $0
    Hours/week
    0.5

  • Ansley Nixon

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Justin Parsonnet

    VP PROGRAMS

    Total calculated
    $0
    Hours/week
    1

  • Mazeen Porbandarwala

    VP SPECIAL E

    Total calculated
    $0
    Hours/week
    1

  • Mike Wells

    ADVISOR PHIL

    Total calculated
    $0
    Hours/week
    0.5

  • Sarah Weston

    VP COMMUNICA

    Total calculated
    $0
    Hours/week
    1

  • Ryan Woods

    VP DIVERSITY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
24 June 2025
IRS schema version
2024v5.0
Source object
202521759349301302

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