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REAL ESTATE PRACTITIONER'S INSTITUTE LI LI AT STONY BROOK UNIVERSITY

STONY BROOK, NY · EIN 112416899 · Form 990EZ · FY2024 · NTEE S46 · Community Improvement · Micro (<$100K) · reisb.org
revenue
$52K
expenses
$78K
net assets
$109K
employees
mission · from form 990

THE REAL ESTATE PRACTITIONERS'S INSTITUTE OF LONG ISLAND'S PRIMARY PURPOSE IS TO CONDUCT EDUCATIONAL PROGRAMS AND SEMINARS FOR REAL ESTATE PROFESSIONALS AND STUDENTS.

profile · synthesized from sources

The Real Estate Practitioner's Institute LI at Stony Brook University conducts educational programs and seminars for real estate professionals and students, focusing on industry practices and workplace safety. The organization addresses topics such as office re-entry protocols, public health compliance, and risk mitigation in commercial real estate. Its programming emphasizes practical guidance for landlords, tenants, and property managers in the New York region.

named programs · 1 · from sources

What they call their work

Real Estate Recovery Readiness Guide
Webinar series and educational resource on safe office re-entry, covering CDC and OSHA compliance, PPE use, elevator and space occupancy limits, and landlord-tenant responsibilities during public health emergencies
activities · 7 groups

What they do

  • Professional Training for Real Estate and Building Practitioners 2 activities
    • Develops and delivers professional development programming
      Provides career development resources for real estate professionals through symposia, white papers, luncheons, coursework, and social media engagement.
    • Produces educational webinars and recovery guides for the real estate sector
      Develops and disseminates educational content including webinars and published transcripts, such as a real estate recovery readiness guide, to support industry resilience.
  • Industry-Specific Student Scholarships and Competitions 1 activity
    • Awards scholarships to aspiring real estate professionals
      Provides financial support to full-time College of Business students at Stony Brook University pursuing careers in real estate through an annual scholarship.
  • Urban Policy and Equity Research 1 activity
    • Conducts research on real estate and land use policy
      Produces research and analysis on topics including "missing middle" housing, transit-oriented development (TOD), and zoning policy to inform public discourse and planning on Long Island.
  • Professional Networking Events 1 activity
    • Hosts professional symposia and events for real estate practitioners
      Organizes and hosts symposia, luncheons, happy hours, and receptions for real estate professionals, including the annual John Kominicki Symposium and themed events focused on Long Island development and economic recovery.
  • Corporate Sponsorship Programs 1 activity
    • Offers sponsorship opportunities for real estate events
      Sells tiered sponsorship packages (Diamond, Platinum, Gold, Silver, Bronze) for its events, offering benefits including tickets, recognition, seating, and promotional rights.
  • Student Career Readiness and Internship Placement 1 activity
    • Provides internships and career development for students
      Offers internships to Stony Brook University students, particularly in the College of Business, and supports young professionals entering the real estate field through hands-on training and networking opportunities.
  • Uncategorized 1 activity
    • Teaches undergraduate real estate courses at Stony Brook University
      Offers and teaches the undergraduate course "Introduction to Real Estate Finance" (BUS 333) at Stony Brook University as part of its academic programming.
financials · form 990EZ · fy2024
revenue
Total revenue$52K
Contributions & grants
Program service revenue$51K98%
Investment income$1K2%
Other revenue
expenses
Total expenses$78K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$15K
balance sheet
Total assets$109K
Cash
Investments
Liabilities
Net assets$109K
6 years on record · 2019–2024 · YoY revenue -59.6%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • AL THOMPSON — DIRECTOR
  • ANTHONY SIMEONE — DIRECTOR
  • BARRY STEIN — DIRECTOR
  • BRANDON PALANKER — DIRECTOR - OFF 9/24
  • CHARISSA KWAN — DIRECTOR
  • CHARLES MERRITT — DIRECTOR - ON 9/24
  • CHARLES RICH — DIRECTOR
  • CHARLIE ALTER — DIRECTOR
relationships · 22

Who they work with

  • Brookhaven National Laboratory Partner — Collaborated as a key economic engine discussed during the Real Estate Institute's symposium on Long Island's economic recovery.
  • CIBS Partner — Diamond sponsor of REI events in 2026
  • College of Business at Stony Brook University Partner — Collaborates on professional development and educational programming for real estate professionals.
  • Cushman & Wakefield Partner — Collaborated through moderator participation in symposium panels.
  • Engel Burman Partner — Collaborated through panelist participation in symposium discussion on post-pandemic real estate.
  • Flushing Bank Partner — Diamond sponsor of REI events in 2026
  • JLL Partner — Collaborated through executive participation in symposium discussion on Long Island commercial real estate.
  • LI Housing Partnership Partner — Collaborated through participation in symposium panel on housing and economic recovery.
  • Long Island Association Partner — Collaborated through participation in symposium panel on Long Island's economic projections.
  • Long Island Housing Partnership Partner — Partner organization that conducted virtual lotteries and developed affordable housing projects, referenced during the symposium.
  • MTA Partner — Key transit agency whose infrastructure investments and rail projects were discussed as central to Long Island’s economic development during the symposium.
  • Miller Samuel Inc. Partner — Collaborated through CEO participation in symposium panel on real estate trends.
  • Pedal Share Partner — Partner in a last-mile transit initiative referenced during the symposium.
  • Regional Plan Association Partner — Collaborated through participation in symposium panel on regional planning and development.
  • Ridgewood Savings Bank Partner — Diamond sponsor of REI events in 2026
  • Stony Brook University Network — Collaborates on research related to Long Island housing and regional planning
  • Stony Brook University Partner — Collaborates with Stony Brook University's College of Business to provide educational programs, internships, and scholarships.
  • Stony Brook University Partner — Collaborates with Stony Brook University, hosting events featuring its leadership.
  • Stony Brook University College of Business Network — Hosts the Real Estate Practitioner's Institute at its College of Business.
  • Stony Brook University College of Business Partner — Collaborates to offer scholarships to full-time students in the College of Business interested in real estate careers.
  • Stony Brook University College of Business Partner — Collaborates to provide internships for students through Board of Directors affiliations.
  • TRITEC Real Estate Co. Partner — Partner organization involved in developing the Ronkonkoma Hub and active in the Long Island Innovation Park at Hauppauge, discussed during the symposium.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Experiential Learning Pathway for Real Estate Professionals
    methodology: experiential_learning_pathway
    By integrating hands-on training, internships, networking, and financial support into education, we produce better-prepared real estate professionals because experiential learning increases readiness and engagement with the industry.
  • Policy Advocacy Through Targeted Development Strategies
    methodology: missing_middle_housing, transit_oriented_development, infill-development, adaptive-reuse, zoning-overlay-districts
    By promoting politically viable housing solutions—such as missing middle housing, transit-oriented development, infill, adaptive reuse, and zoning overlays—we increase housing supply and economic competitiveness because these approaches balance community acceptance with density and sustainability.
  • Symposium-Based Stakeholder Engagement
    methodology: symposium-based engagement, industry-policy convening
    By convening real estate practitioners, scholars, and policy leaders through annual symposia and targeted events, we produce collaborative problem-solving and policy advancement because structured, interdisciplinary forums foster shared understanding of regional challenges.