Form 990 for tax year 2025
Filed by COMMERCIAL REAL ESTATE DEVELOPMENT SSOCIATION GEORGIA CORPORATION.
Totals
- Total revenue
- $694,946
- Total expenses
- $569,627
- Contributions and grants received
- $200,644
- Grants paid
- $82,900
- Program service revenue
- $93,088
- Investment income
- $14,643
- Other revenue
- $386,571
- Total assets, end of year
- $1,315,521
- Total liabilities, end of year
- $621,156
- Net assets or fund balances, end of year
- $694,365
- Program services expenses (Part IX)
- $228,524
- Management and general expenses
- $331,156
- Fundraising expenses
- $9,947
- Program service expenses (Part III)
- $228,524
Program services were 40.1% 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
$191,320
-
1c · Fundraising events
$2,574
-
1f · All other contributions, gifts and grants
$6,750
-
2a · Program service revenue: MEETINGS REVENUE
total $71,395 · related or exempt $71,395
-
2b · Program service revenue: REGISTRATION
total $15,915 · related or exempt $15,915
-
2c · Program service revenue: OTHER SPECIAL EVENTS INCOME
total $4,703 · related or exempt $4,703
-
2d · Program service revenue: OTHER INCOME
total $1,075 · related or exempt $1,075
-
3 · Investment income
total $14,643 · related or exempt $14,643
-
8a · Fundraising events: gross income
$645,785
-
8a · Fundraising events: contributions included on line 1c
$2,574
-
8b · Fundraising events: direct expenses
$304,961
-
8c · Net income from fundraising events
total $340,824 · excluded $340,824
-
11a · Other revenue: OTHER INCOME
total $45,747 · related or exempt $45,747
-
11e · Other revenue, total
$45,747
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $82,900 · program services $82,900
-
7 · Other salaries and wages
total $146,724 · management and general $146,724
-
10 · Payroll taxes
total $2,076 · management and general $2,076
-
11b · Fees: legal
total $14,134 · program services $175 · management and general $13,959
-
11c · Fees: accounting
total $27,594 · management and general $27,594
-
12 · Advertising and promotion
total $4,252 · program services $2,996 · management and general $1,256
-
13 · Office expenses
total $62,607 · program services $806 · management and general $53,614 · fundraising $8,187
-
16 · Occupancy
total $65,445 · management and general $65,445
-
17 · Travel
total $12,540 · program services $7,765 · management and general $4,765 · fundraising $10
-
19 · Conferences, conventions and meetings
total $132,216 · program services $131,887 · management and general $329
-
20 · Interest
total $2,244 · management and general $2,244
-
22 · Depreciation, depletion and amortization
total $954 · program services $954
-
23 · Insurance
total $1,115 · management and general $1,115
-
24a · Other expenses: BOARD EXPENSES
total $12,689 · program services $36 · management and general $10,903 · fundraising $1,750
-
24b · Other expenses: MEMBER & VOLUNTEER APPREC
total $2,137 · program services $1,005 · management and general $1,132
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $435,855 · end of year $400,610
-
2 · Savings and temporary cash investments
beginning of year $345,064 · end of year $511,444
-
4 · Accounts receivable
beginning of year $20,500 · end of year $118,112
-
9 · Prepaid expenses and deferred charges
beginning of year $13,255 · end of year $28,833
-
10a · Land, buildings and equipment: cost or other basis
$20,882
-
10b · Land, buildings and equipment: accumulated depreciation
$954
-
10c · Land, buildings and equipment, net
end of year $19,928
-
15 · Other assets
beginning of year $5,772 · end of year $236,594
-
17 · Accounts payable and accrued expenses
beginning of year $29,835 · end of year $25,361
-
19 · Deferred revenue
beginning of year $221,565 · end of year $309,908
-
25 · Other liabilities
end of year $285,887
-
27 · Net assets without donor restrictions
beginning of year $508,209 · end of year $631,660
-
28 · Net assets with donor restrictions
beginning of year $60,837 · end of year $62,705
Mission and programs · 2025
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 2025, THE ORGANIZATION HELD MEETINGS AND EVENTS THAT PROVIDED EDUCATIONAL, SOCIAL, AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. 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 $227,570 · Grants $82,900 · Revenue $93,088
-
DURING 2025, THE ORGANIZATION HELD MEETINGS AND EVENTS THAT PROVIDED EDUCATIONAL, SOCIAL, AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. 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 $954
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Teresa TatumTERESA TATUM
EXECUTIVE DI
- Total calculated
- $120,000
- From this org
- $120,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Annie BaxterANNIE BAXTER
VP GOV. AFFA
- Total calculated
- $0
- Hours/week
- 0.5
-
Gregory BolerGREGORY BOLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Christine CurryCHRISTINE CURRY
VP EDUCATION
- Total calculated
- $0
- Hours/week
- 0.5
-
Parker HarenPARKER HAREN
VP PHILANTHR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brandon HoustonBRANDON HOUSTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Ryan HoytRYAN HOYT
VP SPONSORSH
- Total calculated
- $0
- Hours/week
- 0.5
-
Frances JacksonFRANCES JACKSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer KoontzJENNIFER KOONTZ
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 0.5
-
Kendall MartinKENDALL MARTIN
NFL/DL CHAII
- Total calculated
- $0
- Hours/week
- 0.5
-
Molly MillardMOLLY MILLARD
NFL/DL DIREC
- Total calculated
- $0
- Hours/week
- 0.5
-
Ansley NixonANSLEY NIXON
VP MEMBERSHI
- Total calculated
- $0
- Hours/week
- 0
-
Justin ParsonnetJUSTIN PARSONNET
VP PROGRAMS
- Total calculated
- $0
- Hours/week
- 0.5
-
Mazeen PorbandarwalaMAZEEN PORBANDARWALA
VP SPECIAL E
- Total calculated
- $0
- Hours/week
- 0.5
-
Sarah WestonSARAH WESTON
VP COMMUNICA
- Total calculated
- $0
- Hours/week
- 1
-
Ryan WoodsRYAN WOODS
VP DIVERSITY
- Total calculated
- $0
- Hours/week
- 0.5
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
-
$70,000
GENERAL SUPPORT
-
$7,900
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 17 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202631989349301323
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