Nonprofit · EIN 04-2706453
MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $178,498 | $181,216 | -$2,718 | $161,301 | $17,100 | $144,201 |
| December 31, 2024 | 990 | $175,483 | $195,649 | -$20,166 | $177,501 | $30,582 | $146,919 |
| December 31, 2023 | 990 | $199,541 | $219,338 | -$19,797 | $203,773 | $36,688 | $167,085 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $79,470
- Membership dues
- $79,470
- Program service revenue
- $97,141
- Investment income
- $1,887
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $96,000
- Salaries, compensation and benefits (total)
- $108,342
- Professional fundraising fees
- $0
- Accounting fees
- $2,496
- Occupancy
- $11,093
- Program services (functional)
- $181,216
Balance sheet and other
- Total assets, start of year
- $177,501
- Total assets, end of year
- $161,301
- Total liabilities, end of year
- $17,100
- Net assets, end of year
- $144,201
- Gross receipts
- $178,498
- Employees
- 1
- Year formed
- 1934
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA TOBACK | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NICHOLAS BONO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| WILLIAM WHITING | TREASURER Trustee or director, Officer | 1 | $0 |
| STACIE CHANDLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ALLAN COHEN | PAST PRESIDENT Trustee or director | 1 | $0 |
| DORIANNE ALEXANDROPOULOS | TRUSTEE Trustee or director | 1 | $0 |
| JEFF BRADFORD | TRUSTEE Trustee or director | 1 | $0 |
| DANYL COLLINGS | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FISHER | TRUSTEE Trustee or director | 1 | $0 |
| KAREN FRIEL | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD LIPOF | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH CURLEY | TRUSTEE Trustee or director | 1 | $0 |
| PAUL MORGAN | TRUSTEE Trustee or director | 1 | $0 |
| TERRI OSTRANDER | TREASURER Trustee or director | 1 | $0 |
| JOANN WYNKOOP | TRUSTEE Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIA LEE | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN SOUSA | EXECUTIVE VP Officer, Key employee, Highest-paid employee | 40 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN SOUSA | EXECUTIVE VP Officer, Key employee, Highest-paid employee, Former | 40 | $96,000 |
| LISA TOBACK | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NICHOLAS BONO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| WILLIAM WHITING | TREASURER Trustee or director, Officer | 1 | $0 |
| STACIE CHANDLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ALLAN COHEN | PAST PRESIDENT Trustee or director | 1 | $0 |
| DORIANNE ALEXANDROPOULOS | TRUSTEE Trustee or director | 1 | $0 |
| JEFF BRADFORD | TRUSTEE Trustee or director | 1 | $0 |
| DANYL COLLINGS | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FISHER | TRUSTEE Trustee or director | 1 | $0 |
| KAREN FRIEL | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD LIPOF | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH CURLEY | TRUSTEE Trustee or director | 1 | $0 |
| PAUL MORGAN | TRUSTEE Trustee or director | 1 | $0 |
| TERRI OSTRANDER | TREASURER Trustee or director | 1 | $0 |
| JOANN WYNKOOP | TRUSTEE Trustee or director | 1 | $0 |
| JULIA LEE | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN SOUSA | EXECUTIVE VP Officer, Key employee, Highest-paid employee, Former | 40 | $96,000 |
| ALLAN COHEN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| LISA TOBACK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| J PAUL MORGAN | TREASURER Trustee or director, Officer | 1 | $0 |
| HOWARD DONO | TRUSTEE Trustee or director | 1 | $0 |
| STACIE CHANDLER | TRUSTEE Trustee or director | 1 | $0 |
| DORIANNE ALEXANDROPOULOS | TRUSTEE Trustee or director | 1 | $0 |
| NICHOLAS BONO | TRUSTEE Trustee or director | 1 | $0 |
| JEFF BRADFORD | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FISHER | TRUSTEE Trustee or director | 1 | $0 |
| KAREN FRIEL | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD LIPOF | TRUSTEE Trustee or director | 1 | $0 |
| DARIO MERCADANTE | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL RACE | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM WHITING | TRUSTEE Trustee or director | 1 | $0 |
| JOANN WYNKOOP | TRUSTEE Trustee or director | 1 | $0 |
| JULIA LEE | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 185 DEVONSHIRE STREET SUITE 70, BOSTON, MA 02110-1407
- In care of
- % STEPHEN SOUSA
- Principal officer (990 for 2025)
- STEPHEN SOUSA, 185 DEVONSHIRE STREET STE 601, BOSTON, MA 02110
- Signed the 990
- STEPHEN SOUSA, EXECUTIVE VICE PRESIDENT
- Phone
- (617) 830-4530
- Website
- MBREA.ORG
Mission
To support, promote and encourage the highest level of professionalism and ethical appraisal standards, through education and communication, and to represent the interests of our members.
Program accomplishments
- EDUCATIONAL COURSES FOR REAL ESTATE APPRAISERSExpenses $181,216 · revenue $178,498
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2706453
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $161,301
- Income (IRS master file)
- $178,498
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $178,498 | $181,216 | $161,301 | XML |
| 990 | December 2024 | $175,483 | $195,649 | $177,501 | XML |
| 990 | December 2023 | $199,541 | $219,338 | $203,773 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2706453).
Questions about MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC
- What is the EIN of MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC?
- The employer identification number (EIN) of MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC is 04-2706453.
- Is MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1980.
- Are donations to MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC?
- The 990 for the year ended December 31, 2025 names STEPHEN SOUSA.
- Who are the officers and directors of MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC?
- The 990 for the year ended December 31, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does MASSACHUSETTS BOARD OF REAL ESTATE APPRAISERS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $178,498, expenses of $181,216 and total assets of $161,301 at year end.
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