irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0WASHINGTON - EFFORTS TO FURTHER GENERAL ISSUES REGARDING COMMERCIAL REAL ESTATE FINANCE ACTIVITY AND GOVERNMENT RELATIONS.
- #2 $0REGIONAL MEETINGS & EDUCATION - TO PROVIDE A CONTINUOUS FLOW OF INFORMATION TO LOCAL CITIES ACROSS THE COUNTRY.
named programs · 2 · from sources
What they call their work
Regional Meetings & Education
Provides ongoing educational programming and information sharing for industry professionals across local cities in the United States.
Washington Advocacy Efforts
Engages in policy development and government relations to advance issues affecting the commercial real estate finance industry at the federal level.
activities · 2 groups
What they do
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Industry Advocacy and Regulatory Engagement 1 activity
- Advocacy for commercial real estate finance policyEngages in government relations efforts to advance issues related to commercial real estate finance, including direct advocacy and policy engagement at the federal and state levels.
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Real Estate Professional Association 1 activity
- Regional education meetings for local governmentsConducts regional meetings to provide ongoing education and information to local cities across the country on topics related to commercial real estate finance.
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financials · form 990 · fy2024
revenue
Total revenue$17.71M
Contributions & grants$00%
Program service revenue$16.90M95%
Investment income$814K5%
Other revenue$227
expenses
Total expenses$16.83M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$7.31M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$30.31M
Cash$10.92M
Investments$9.97M
Liabilities$17.61M
Net assets$12.70M
Liquid reserves14.9 mo
4 years on record · 2020–2024 · YoY revenue +0.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| LISA PENDEGAST | EXECUTIVE DIRECTOR | 40 | $1.26M |
| EDWARD W DEANGELO | SENIOR MANAGING DIRECTOR, | 40 | $637K |
| SAIRAH BRUKI | MANAGING DIRECTOR, REGULAT | 40 | $532K |
| DAVID MCCARTHY | MANAGING DIRECTOR, HEAD OF | 40 | $510K |
| RAJESH AIDASANI | MANAGING DIRECTOR, RESEARC | 40 | $449K |
| CATLIN ADAMS | DIRECTOR, MEETINGS & MEMBE | 40 | $322K |
| LUIGI PULICE | SENIOR DIRECTOR OF MARKETING | 40 | $291K |
board members · 18
- ABIGAIL FRANCHOT BOROK — GOVERNOR
- ADAM A BEHLMAN — TREASURER
- ALAN L TODD CFA — GOVERNOR
- ANNEMARIE G DICOLA — GOVERNOR
- BRENDAN D MCCORMICK — GOVERNOR
- CRAIG WELIN — GOVERNOR
- DANIEL J VINSON — GOVERNOR
- DANIEL OLSEN — LONG RANGE PLANNING & INV. COMMITTEE CHAIR
- DANIEL ROOD — GOVERNOR
- DARREN GLUCK — GOVERNOR
- DEBORAH J GINSBERG — GOVERNOR
- ELAINE MCKAY — VICE CHAIR
- FRANCISCO PAEZ — GOVERNOR
- GERARD T SANSOSTI — GOVERNOR
- GREGORY A CROSS — POLICY COMMITTEE CHAIR
- HARRIS TRIFON — IMMEDIATE PAST CHAIR
- JAN STERNIN — PAC CO-CHAIR
- JANE LAM — GOVERNOR
strategies · 1
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.
- Industry-Collaborative Best Practices Developmentmethodology: industry_collaborativeBy convening industry members to co-develop standards and policies, we produce more widely adopted and practical best practices in commercial real estate finance because collective input increases legitimacy, alignment, and implementation capacity across market participants.