Nonprofit · EIN 36-6140410
COUNSELORS OF REAL ESTATE
Tax-exempt · CHICAGO, IL 60603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,420,060 | $2,524,792 | -$104,732 | $3,178,328 | $1,509,512 | $1,668,816 |
| December 31, 2023 | 990 | $2,389,342 | $2,422,734 | -$33,392 | $2,679,348 | $928,760 | $1,750,588 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,900,315
- Investment income
- $218,979
- Royalties
- $1,585
- Net gain from sales of assets
- $143,561
- Other revenue
- $300,766
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $395,678
- Other salaries and wages
- $847,077
- Salaries, compensation and benefits (total)
- $1,508,110
- Professional fundraising fees
- $0
- Legal fees
- $49,140
- Accounting fees
- $63,378
- Occupancy
- $99,426
- Travel
- $132,333
- Depreciation
- $45,630
Balance sheet and other
- Total assets, start of year
- $2,679,348
- Total assets, end of year
- $3,178,328
- Total liabilities, end of year
- $1,509,512
- Net assets, end of year
- $1,668,816
- Land, buildings and equipment
- $46,734
- Publicly traded securities
- $1,661,866
- Net assets without donor restrictions
- $1,668,816
- Gross unrelated business income
- $224,847
- Gross receipts
- $3,147,477
- Employees
- 9
- Volunteers
- 200
- Year formed
- 1953
- State of legal domicile
- IL
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY FLEISCHMANN | CEO Officer | 50 | $339,057 | $56,620 |
| RICHARD SIROIS | DIR. OF MARKETING AND COMMUNICATIONS Highest-paid employee | 38 | $133,488 | $36,076 |
| SHEA TURNER | CHIEF ADMINISTRATIVE OFFICER Highest-paid employee | 38 | $125,821 | $35,387 |
| LARISA PHILLIPS | DIRECTOR OF EDUCATION AND MEETINGS Highest-paid employee | 38 | $115,152 | $34,259 |
| SAMANTHA DEKOVEN | DIRECTOR PUBLIC SERVICE INITIATIVE Highest-paid employee | 38 | $103,552 | $33,168 |
| WILLIAM PJ MCCARTHY | PAST CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY DELLAPELLE | CHAIR OF THE BOARD Trustee or director, Officer | 0.5 | $0 | $0 |
| JOHN J HENTSCHEL | SECOND VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| MICHEL COUILLARD | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| JULIE L MELANDER | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| JOSEPH G NAHAS | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| MARILLE A UTTER | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| DEBORAH CLOUTIER | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| DR BRUNO J ETTENAUER | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| JOANTHAN A SCHEIN | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN BACZEWSKI | MEMBER Trustee or director | 0.5 | $0 |
| KORIN CRAWFORD | MEMBER Trustee or director | 0.5 | $0 |
| CASSARNDRA FRANCIS | MEMBER Trustee or director | 0.5 | $0 |
| GIULIANO GASPARINI | MEMBER Trustee or director | 0.5 | $0 |
| GRAHAM GRADY | MEMBER Trustee or director | 0.5 | $0 |
| JULIA HOAGLAND | MEMBER Trustee or director | 0.5 | $0 |
| HIROYUKI ISOBE | MEMBER Trustee or director | 0.5 | $0 |
| BRUCE MASSA | MEMBER Trustee or director | 0.5 | $0 |
| KIEYASIEN MOORE | MEMBER Trustee or director | 0.5 | $0 |
| STEVEN NORRIS | MEMBER Trustee or director | 0.5 | $0 |
| RUCHI PATHELA | MEMBER Trustee or director | 0.5 | $0 |
| ROBERT J PLISKA | MEMBER Trustee or director | 0.5 | $0 |
| HANS VRENSEN | MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY FLEISCHMANN | CEO Officer | 50 | $293,328 | $53,180 |
| RICHARD SIROIS | DIR. OF MARKETING AND COMMUNICATIONS Highest-paid employee | 38 | $129,127 | $36,779 |
| SHEA TURNER | CHIEF ADMINISTRATIVE OFFICER Highest-paid employee | 38 | $119,760 | $35,916 |
| LARISA PHILLIPS | DIRECTOR OF EDUCATION AND MEETINGS Highest-paid employee | 38 | $111,299 | $35,012 |
| SAMANTHA DEKOVEN | DIRECTOR PUBLIC SERVICE INITIATIVE Highest-paid employee | 38 | $100,381 | $33,986 |
| WILLIAM PJ MCCARTHY | CHAIR OF THE BOARD Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY DELLAPELLE | FIRST VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JOHN J HENTSCHEL | SECOND VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| MICHEL COUILLARD | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| JULIE L MELANDER | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| JOSEPH G NAHAS | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| MARILLE A UTTER | PAST CHAIR OF THE BOARD Trustee or director | 0.5 | $0 | $0 |
| DEBORAH CLOUTIER | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| STEVEN NORRIS | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| ROBERT J PLISKA | LIAISON VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| JOHN BACZEWSKI | MEMBER Trustee or director | 0.5 | $0 | $0 |
| KORIN CRAWFORD | MEMBER Trustee or director | 0.5 | $0 | $0 |
| CASSARNDRA FRANCIS | MEMBER Trustee or director | 0.5 | $0 | $0 |
| GIULIANO GASPARINI | MEMBER Trustee or director | 0.5 | $0 | $0 |
| GRAHAM GRADY | MEMBER Trustee or director | 0.5 | $0 | $0 |
| HIROYUKI ISOBE | MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRUCE MASSA | MEMBER Trustee or director | 0.5 | $0 | $0 |
| KIEYASIEN MOORE | MEMBER Trustee or director | 0.5 | $0 | $0 |
| RUCHI PATHELA | MEMBER Trustee or director | 0.5 | $0 | $0 |
| HANS VRENSEN | MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 140 S DEARBORN ST STE 1500A, CHICAGO, IL 60603-5214
- Principal officer (990 for 2024)
- MARY FLEISCHMANN, 430 N MICHIGAN, CHICAGO, IL 60611
- Signed the 990
- MARY FLEISCHMANN, CEO
- Phone
- (312) 329-8200
- Website
- WWW.CRE.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
CRE WAS ESTABLISHED EXCLUSIVELY FOR REAL ESTATE ADVISORS WHO PROVIDE INTELLIGENT, UNBIASED, AND TRUSTED ADVICE FOR A CLIENT OR EMPLOYER. THE PURPOSE OF THE ORGANIZATION IS TO SERVE AS AN INFORMATION RESOURCE AND TO PROVIDE ITS MEMBERS WITH OPPORTUNITIES FOR (SEE SCHEDULE O) PROFESSIONAL DEVELOPMENT, KNOWLEDGE SHARING, AND NETWORKING, ALL GROUNDED IN A CULTURE OF CAMARADERIE.
Program accomplishments
- THE COUNSELORS OF REAL ESTATE IS THE MEMBERSHIP ORGANIZATION ESTABLISHED EXCLUSIVELY FOR REAL ESTATE ADVISORS WHO PROVIDE INTELLIGENT, UNBIASED, AND TRUSTED ADVICE FOR A CLIENT OR EMPLOYER. THE ORGANIZATION BESTOWS THE PRESTIGIOUS CRE DESIGNATION ON THOSE INVITED TO MEMBERSHIP, PROVIDING ACCESS TO A HIGH-LEVEL PROFESSIONAL COMMUNITY THAT ELEVATES THEIR EXPERIENCE, WHILE EXPANDING THEIR PROFESSIONAL REACH.
- THE FALL CONVENTION OFFERS EXTRAORDINARY EDUCATIONAL OPPORTUNITIES, KNOWLEDGE SHARING, AND PROFESSIONAL INTERACTION FEATURING EDUCATIONAL SESSIONS, ROUNDTABLE DISCUSSIONS, BUSINESS MEETINGS AND SPECIAL EVENTS INCLUDING REAL ESTATE DEVELOPMENT TOURS, MINI CRE CONSULTING CORPS ASSIGNMENTS, AND MEETINGS OF THE COUNSELORS' BOARD OF DIRECTORS, FINANCE AND EXECUTIVE COMMITTEES.
- THE COUNSELORS OF REAL ESTATE OFFERS MULTIPLE COMMUNICATIONS TO BENEFIT ITS MEMBERS AND THE REAL ESTATE COMMUNITY AT LARGE. THE "REAL ESTATE ISSUES" PUBLICATION IS CRE'S PROFESSIONAL JOURNAL FEATURING INCISIVE, DYNAMIC ARTICLES THAT RESPOND TO CURRENT TRENDS IN THE REAL ESTATE INDUSTRY. THE JOURNAL IS PRINTED THREE TIMES A YEAR. THE ASSOCIATION ALSO PRODUCES "THE COUNSELOR" NEWSLETTER WHICH SHOWCASES CRE ACTIVITIES AND INDUSTRY EVENTS, ALONG WITH AN ANNUAL MEMBERSHIP DIRECTORY.
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 | Not 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
- 36-6140410
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Group exemption
- 5969 (15 member organizations)
- Assets (IRS master file)
- $3,178,328
- Income (IRS master file)
- $3,147,477
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,420,060 | $2,524,792 | $3,178,328 | IRS |
| 990 | December 2023 | $2,389,342 | $2,422,734 | $2,679,348 | XML |
| 990 | December 2022 | $2,127,528 | $2,486,331 | $2,655,381 | IRS |
| 990 | December 2021 | $2,075,770 | $1,933,419 | $3,103,943 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 36-6140410).
Questions about COUNSELORS OF REAL ESTATE
- What is the EIN of COUNSELORS OF REAL ESTATE?
- The employer identification number (EIN) of COUNSELORS OF REAL ESTATE is 36-6140410.
- Is COUNSELORS OF REAL ESTATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1956.
- Are donations to COUNSELORS OF REAL ESTATE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COUNSELORS OF REAL ESTATE 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 COUNSELORS OF REAL ESTATE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COUNSELORS OF REAL ESTATE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COUNSELORS OF REAL ESTATE?
- The 990 for the year ended December 31, 2024 names MARY FLEISCHMANN.
- Who are the officers and directors of COUNSELORS OF REAL ESTATE?
- The 990 for the year ended December 31, 2024 lists 28 people; 5 received compensation from the organization, the highest $339,057 (MARY FLEISCHMANN, CEO).
- How much revenue does COUNSELORS OF REAL ESTATE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,420,060, expenses of $2,524,792 and total assets of $3,178,328 at year end.
Organizations in its group exemption (15)
- COUNSELORS OF REAL ESTATE EIN 45-3687865 · COLUMBUS, OH · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 93-1202816 · BEND, OR · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3456706 · COSTA MESA, CA · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3617901 · MOUNT LAUREL, NJ · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3567265 · HONOLULU, HI · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 27-1382007 · LYNNFIELD, MA · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3552659 · SACRAMENTO, CA · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 47-3007535 · DALLAS, TX · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3660189 · TRENTON, NJ · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 46-5682940 · SEATTLE, WA · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 45-3957827 · CINCINNATI, OH · last filed 990-N for 2025
- COUNSELORS OF REAL ESTATE EIN 80-0764872 · DRAPER, UT · last filed 990-N for 2025
Other nonprofits in CHICAGO
- COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC EIN 36-2597741 · last filed 990 for 2025
- DEVELOPMENT NOW FOR CHICAGO EIN 87-3817002 · last filed 990 for 2024
- AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION EIN 20-0487810 · last filed 990 for 2024
- HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY EIN 36-3906745 · last filed 990 for 2022
- SOCIETY OF ACTUARIES PROFESSIONAL ASSOCIATION EIN 83-4526499 · last filed 990 for 2024
- IFF EIN 36-3656836 · last filed 990 for 2025
- CHICAGO COMMUNITY LOAN FUND EIN 36-3762123 · last filed 990 for 2025
- MIDWAY AIRLINES TERMINAL CONSORTIUM EIN 36-4191134 · last filed 990 for 2024
All nonprofits in CHICAGO · Illinois · Community improvement and capacity building