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Nonprofit · EIN 52-2337734

CORENET GLOBAL INC

Tax-exempt · ATLANTA, GA 30303

Financials

$12.1M$11.5M2024
Revenue Expenses · by fiscal year end
Financials of CORENET GLOBAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$12,085,838$11,538,217$547,621$27,641,140$12,811,005$14,830,135
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$11,175,325
Investment income
$910,513
Net gain from sales of assets
$203,207
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,175,461
Other salaries and wages
$1,757,149
Salaries, compensation and benefits (total)
$4,586,187
Professional fundraising fees
$0
Legal fees
$166,661
Accounting fees
$48,248
Occupancy
$194,008
Travel
$177,599
Depreciation
$330,844

Balance sheet and other

Total assets, start of year
$31,695,846
Total assets, end of year
$27,641,140
Total liabilities, end of year
$12,811,005
Net assets, end of year
$14,830,135
Land, buildings and equipment
$522,026
Publicly traded securities
$7,258,182
Net assets without donor restrictions
$14,830,135
Gross unrelated business income
$118,083
Gross receipts
$14,960,181
Employees
34
Volunteers
1,007
Year formed
2001
State of legal domicile
GA

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANGELA CAINCEO (UNTIL SEPT. 2024)
Officer
40$351,022$49,885
LAWRENCE N BAZRODCOO
Officer
40$361,192$28,528
TIMOTHY VENABLEVP OF KNOWLEDGE SERVICES
Key employee
40$180,531$20,445
HENRY ROSLESVP OF STRATEGIC EVENTS
Key employee
40$159,524$32,975
VILAYLACK SAVINOVP OF TECHNOLOGY TRANSFORMATION
Key employee
40$150,319$23,107
ALEXANDRE BOURBEAUSR. DIR. OF SPONSORSHIP
Highest-paid employee
40$146,925$8,643
JAN PETERVP OF OPERATIONS
Highest-paid employee
40$126,162$28,090
JANET PRICEVP OF LEARNING
Highest-paid employee
40$132,421$18,359
COLLEEN LEXVP OF PARTNER & ORGANIZATIONAL DEV.
Highest-paid employee
40$126,802$21,298
KATHY GODWINVP GLOBAL MEMBER EXPERIENCE
Highest-paid employee
40$122,768$12,102
DAVID CHANGCHAIR
Trustee or director, Officer
1$0$0
GLORIA MAMWAIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
JAMIE LEARY-ERICKSONTREASURER
Trustee or director, Officer
1$0$0
MARA CUMMINGSDIRECTOR
Trustee or director
1$0$0
MARIA RUSSO-FAMADIRECTOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
ERIN MICALDIRECTOR
Trustee or director
1$0
LAMONTE JOHNSONDIRECTOR
Trustee or director
1$0
DAVID BURTONDIRECTOR
Trustee or director
1$0
SHERRI PARMANDIRECTOR
Trustee or director
1$0
KATIA RIZKDIRECTOR
Trustee or director
1$0
NEVARDO ARGUELLODIRECTOR
Trustee or director
1$0
MARK WATKINSDIRECTOR
Trustee or director
1$0
SCOTT WILEYCEO (FROM FEB. 2025)
Officer
40$0

Address and contacts

Address (IRS master file)
133 PEACHTREE ST NE STE 3000, ATLANTA, GA 30303-1815
In care of
% COLLEEN LEX
Principal officer (990 for 2024)
LAWRENCE N BAZROD, 55 ALLEN PLAZA 775, ATLANTA, GA 30308
Signed the 990
LAWRENCE N BAZROD, COO
Phone
(404) 589-3200
Return prepared by
JONES AND KOLB

Mission

CORENET GLOBAL, INC. IS A 501(C)(6) TAX-EXEMPT MEMBERSHIP ORGANIZATION FOCUSED ON EDUCATION, RESEARCH, CERTIFICATION, (THE MASTERS OF CORPORATE REAL ESTATE) AND NETWORKING FOR CORPORATE REAL ESTATE PROFESSIONALS. CORPORATE REAL ESTATE PROFESSIONALS MANAGE THE REAL ESTATE HELD BY A CORPORATION TO SUPPORT ITS CORE BUSINESS INCLUDING ACQUISITION, DESIGN AND EFFICIENT USE.

990 for the year ended March 31, 2025

Program accomplishments

  • SUMMITS ARE MEETINGS WITH EDUCATIONAL PROGRAMS TO LEARN MORE ABOUT CURRENT DEVELOPMENTS IN THE PROFESSION. CORENET HELD THREE SUMMIT AND 57 LEARNING EVENTS WITH 3,507 ATTENDEES.
  • EDP ARE TRAINING COURSES IN CRE TOPICS AND CAN LEAD TO A MCR DESIGNATION WITH SEVERAL CLASSES COMPLETED.
  • PARTNERSHIP IS A CORPORATE PROGRAM THAT ALLOWS THE COMPANIES TO GET RESEARCH, ATTEND SPECIAL FORUMS AND GET DISCOUNTS ON OTHER PROGRAMS AND MEMBERSHIPS.

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
52-2337734
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2014
Accounting year ends
March
Files
Form 990 or 990-EZ
Group exemption
6034 (7 member organizations)
Assets (IRS master file)
$27,641,140
Income (IRS master file)
$14,960,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025–––IRS
990March 2024$13,438,045$12,220,145$31,695,846IRS
990March 2023$14,405,283$12,144,043$27,083,101IRS
990March 2022$10,074,155$9,165,665$22,405,208IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CORENET GLOBAL INC

What is the EIN of CORENET GLOBAL INC?
The employer identification number (EIN) of CORENET GLOBAL INC is 52-2337734.
Is CORENET GLOBAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2014.
Are donations to CORENET GLOBAL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CORENET GLOBAL 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 CORENET GLOBAL INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORENET GLOBAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of CORENET GLOBAL INC?
The 990 for the year ended March 31, 2025 names LAWRENCE N BAZROD.
Who are the officers and directors of CORENET GLOBAL INC?
The 990 for the year ended March 31, 2025 lists 23 people; 10 received compensation from the organization, the highest $351,022 (ANGELA CAIN, CEO (UNTIL SEPT. 2024)).
How much revenue does CORENET GLOBAL INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $12,085,838, expenses of $11,538,217 and total assets of $27,641,140 at year end.

Organizations in its group exemption (7)

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