Real Estate Research Institute

Real Estate Research Institute maintains stable finances with zero executive compensation.

EIN: 133415691 · Hartford, CT · NTEE: S47E · Updated: 2026-03-28

$168KRevenue
$452KAssets
90/100Mission Score (Excellent)
S47E
Real Estate Research Institute Financial Summary
MetricValue
Total Revenue$168K
Total Expenses$173K
Program Spending85%
Net Assets$374K
Transparency Score90/100

Is Real Estate Research Institute Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Real Estate Research Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Real Estate Research Institute

Real Estate Research Institute (EIN: 133415691) is a nonprofit organization based in Hartford, CT, classified under NTEE code S47E. The organization reported total revenue of $168K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Real Estate Research Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

38Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Real Estate Research Institute is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$183K
Total Expenses$173K
Surplus / Deficit+$9K
Total Assets$443K
Total Liabilities$69K
Net Assets$374K
Operating Margin5.1%
Debt-to-Asset Ratio15.5%
Months of Reserves30.6 months

Financial Health Grade: A

In 2023, Real Estate Research Institute reported a surplus of $9K with revenue exceeding expenses, holds 30.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Real Estate Research Institute's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.0%+3.6%+1.6%
2022+17.2%+26.5%+4.6%
2021-1.0%-8.9%+4.7%
2020-13.5%-2.5%+7.2%
2019-51.7%-57.7%-17.2%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1988

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Real Estate Research Institute demonstrates consistent financial stability and a strong commitment to its programmatic mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, growing from $289,890 in 2014 to $442,614 in 2023, indicating sound financial management and accumulation of resources. Its revenue and expenses have remained relatively stable, with a notable spike in 2018, suggesting a specific project or event that year, but otherwise consistent operations. The organization consistently reports 0% officer compensation, which is a significant indicator of efficient use of funds and a volunteer-driven leadership model, enhancing its transparency and public trust. Spending efficiency appears high, given the absence of executive compensation and the consistent surplus of revenue over expenses in most years, allowing for asset growth. For instance, in 2023, revenue was $182,781 against expenses of $173,480, resulting in a surplus. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program vs. administrative spending challenging, but the overall financial health suggests that resources are being managed effectively. The organization's consistent filing of IRS 990s over 13 periods also points to a commitment to regulatory compliance and transparency. While specific program spending percentages are not available, the consistent financial health, asset growth, and zero officer compensation strongly suggest that the majority of funds are directed towards the organization's mission. The relatively low liabilities compared to assets further reinforce its financial prudence. Overall, the Real Estate Research Institute appears to be a financially sound and efficiently managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Real Estate Research Institute with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Real Estate Research Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$183KTotal Revenue
$173KTotal Expenses
$443KTotal Assets
$69KTotal Liabilities
$374KNet Assets
  • The organization reported a surplus of $9K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 15.5%.

Executive Compensation Analysis

The Real Estate Research Institute consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure and a highly efficient use of funds that are not diverted to high salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Real Estate Research Institute:

  • Consistent financial stability with growing assets (from $289,890 in 2014 to $442,614 in 2023).
  • Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
  • Strong compliance with 13 IRS 990 filings, demonstrating transparency.
  • Healthy surplus of revenue over expenses in most years, contributing to asset growth.
  • Relatively low liabilities compared to assets, indicating prudent financial management.

Frequently Asked Questions about Real Estate Research Institute

Is Real Estate Research Institute a legitimate charity?

Real Estate Research Institute (EIN: 133415691) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $168K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Real Estate Research Institute spend its money?

Real Estate Research Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Real Estate Research Institute tax-deductible?

Real Estate Research Institute is registered as a tax-exempt nonprofit (EIN: 133415691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Real Estate Research Institute's spending goes to programs?

Real Estate Research Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Real Estate Research Institute compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Real Estate Research Institute is above average for NTEE category S47E nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Real Estate Research Institute located?

Real Estate Research Institute is headquartered in Hartford, Connecticut and files with the IRS under EIN 133415691. It is classified under NTEE code S47E.

How many years of IRS 990 filings does Real Estate Research Institute have?

Real Estate Research Institute has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $168K in total revenue.

Is the Real Estate Research Institute financially stable?

Yes, the organization demonstrates strong financial stability with consistent revenue, controlled expenses, and a growing asset base, increasing from $289,890 in 2014 to $442,614 in 2023.

How much does the Real Estate Research Institute spend on executive salaries?

The Real Estate Research Institute consistently reports 0% officer compensation in all available IRS 990 filings, meaning no funds are spent on executive salaries.

Does the organization have a good track record of financial reporting?

Yes, the organization has a strong track record, with 13 IRS 990 filings, demonstrating consistent compliance and transparency in its financial reporting.

What is the trend in the organization's assets?

The organization's assets have shown a positive growth trend, increasing from $289,890 in 2014 to $442,614 in 2023, indicating sound financial management and accumulation of resources.

Filing History

IRS 990 filing history for Real Estate Research Institute showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Real Estate Research Institute's revenue has grown by 3%, moving from $177K to $183K. Total assets increased by 84.4% over the same period, from $240K to $443K. Total functional expenses rose by 13.1%, from $153K to $173K. In its most recent filing year (2023), Real Estate Research Institute reported a surplus of $9K, with revenue exceeding expenses. The organization holds $69K in liabilities against $443K in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $374K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $183K $173K $443K $69K
2022 $179K $167K $436K $71K View 990
2021 $153K $132K $417K $64K View 990
2020 $155K $145K $398K $66K
2019 $179K $149K $372K $48K View 990
2018 $370K $352K $449K $155K View 990
2017 $183K $170K $343K $68K
2016 $194K $167K $364K $101K View 990
2015 $185K $141K $285K $50K View 990
2014 $200K $169K $290K $98K View 990
2013 $181K $156K $212K $51K View 990
2012 $190K $209K $212K $75K View 990
2011 $177K $153K $240K $85K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $183K, expenses of $173K, and assets of $443K (revenue +2.0% year-over-year).
  • 2022: Revenue of $179K, expenses of $167K, and assets of $436K (revenue +17.2% year-over-year).
  • 2021: Revenue of $153K, expenses of $132K, and assets of $417K (revenue -1.0% year-over-year).
  • 2020: Revenue of $155K, expenses of $145K, and assets of $398K (revenue -13.5% year-over-year).
  • 2019: Revenue of $179K, expenses of $149K, and assets of $372K (revenue -51.7% year-over-year).
  • 2018: Revenue of $370K, expenses of $352K, and assets of $449K (revenue +102.4% year-over-year).
  • 2017: Revenue of $183K, expenses of $170K, and assets of $343K (revenue -5.8% year-over-year).
  • 2016: Revenue of $194K, expenses of $167K, and assets of $364K (revenue +5.1% year-over-year).
  • 2015: Revenue of $185K, expenses of $141K, and assets of $285K (revenue -7.5% year-over-year).
  • 2014: Revenue of $200K, expenses of $169K, and assets of $290K (revenue +10.5% year-over-year).
  • 2013: Revenue of $181K, expenses of $156K, and assets of $212K (revenue -5.0% year-over-year).
  • 2012: Revenue of $190K, expenses of $209K, and assets of $212K (revenue +7.2% year-over-year).
  • 2011: Revenue of $177K, expenses of $153K, and assets of $240K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Real Estate Research Institute:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Real Estate Research Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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