dossier ↑ parent activity group ·

research dossier

THE REAL ESTATE BOARD OF NEW YORK INC

NEW YORK, NY · EIN 131201480 · Form 990 · FY2024 · Large ($10M-$50M) · rebny.com

revenue

$16.7M

expenses

$18.7M

net assets

$5.9M

employees

program ratio

mission · from form 990

1. TO UNITE IN COMMON ORGANIZATION THOSE PROFESSIONALLY ENGAGED IN REAL ESTATE. 2. TO PROTECT AND PROMOTE THE MUTUAL INTERESTS OF ITS MEMBERS. 3. TO FORMULATE AND MAINTAIN ETHICAL STANDARDS FOR THE GUIDANCE OF ITS MEMBERS IN THEIR RELATIONS WITH EACH OTHER AND THE PUBLIC. 4. TO ADVOCATE NECESSARY PUBLIC IMPROVEMENTS AND OPPOSE UNNECESSARY OR WASTEFUL EXPENDITURES OF PUBLIC FUNDS. 5. TO PROMOTE AND ENCOURAGE THE ENACTMENT OF JUST AND REASONABLE LAWS AND ORDINANCES AFFECTING REAL ESTATE AND TO OPPOSE THOSE THAT WOULD BE UNJUST AND UNREASONABLE. 6. TO SUPPLY MEMBERS WITH INFORMATION THEY NEED TO MAKE SOUND BUSINESS DECISIONS. 7. TO HELP REAL ESTATE PROFESSIONALS MEET STATE GOVERMENT LICENSING STANDARDS.

profile · synthesized from sources

The Real Estate Board of New York (REBNY) is a trade association representing over 14,000 real estate professionals across residential and commercial sectors in New York City. It advocates for industry interests, sets ethical standards, and provides professional development, licensing education, and networking opportunities. REBNY also operates the Residential Listing Service (RLS), a key platform for sharing exclusive property listings among member firms.

named programs · 5 · from sources

What they call their work

Member in Need Fund

Provides financial grants to residential brokers and agents facing hardship due to illness or unexpected circumstances

REBNY Awards

Hosts annual recognition events such as Commercial Management Leadership Breakfast and Deal of the Year Awards to honor industry excellence

REBNY Education Programs

Offers continuing education and licensing courses, including mandatory ethics training and state-required coursework for real estate professionals

REBNY Fellows Leadership Program

A leadership development initiative for emerging professionals in the real estate industry

Residential Listing Service (RLS)

A shared database of exclusive residential sales and rental listings among REBNY member brokerage firms, powering public-facing real estate platforms in NYC

activities · 7 groups

What they do

Real Estate Professional Association 3 activities
- Facilitates networking and collaboration among professionals
  
  Organizes working groups, committees, and industry events to enable networking, knowledge sharing, and collaboration among real estate professionals in New York City.
- Operates a residential listing service with broad market reach
  
  Provides a residential listing service featuring exclusive sales and rental listings in New York City, generating approximately 90 million views per month through integration with over 100 technology providers. Operates a support team to ensure listing compliance, data quality, and syndication across platforms.
- Provides data, resources, and business intelligence to members
  
  Supplies real-time data, tools, and a comprehensive suite of services to help real estate professionals make informed business decisions and operate effectively in New York City’s market.
Industry Advocacy and Regulatory Engagement 1 activity
- Advocates for real estate industry interests and policy reform
  
  Engages in advocacy with government leaders and stakeholders to support fair and reasonable real estate-related laws, oppose unjust legislation, promote public improvements, and prevent wasteful public spending. Conducts grassroots advocacy and professional initiatives to advance the economic vitality of New York City’s real estate sector.
Professional Training for Real Estate and Building Practitioners 1 activity
- Delivers real estate education and licensing programs
  
  Offers accredited qualifying and continuing education courses that fulfill New York State Department of State requirements for obtaining or renewing a real estate license, including a 22.5-hour residential course bundle and a 77-hour pre-licensing course. Provides free Fair Housing education to all participants and requires Residential Brokerage members to complete a mandatory one-hour Ethics course.
Professional Ethics & Dispute Resolution 1 activity
- Promotes ethical standards and professional conduct
  
  Develops and enforces ethical standards for member conduct in professional and public interactions, requiring ethics training as a condition of membership and access to key services like the Residential Listing Service.
Member Hardship Assistance Programs 1 activity
- Provides financial assistance grants to real estate professionals
  
  Grants financial aid to residential brokers and agents experiencing hardship due to unexpected illness or other crises, having distributed over $1 million in support.
Industry and Community Recognition Awards 1 activity
- Recognizes industry excellence through annual awards
  
  Hosts an annual event and presents awards such as the Edward A. Riguardi Commercial Executive of the Year, John M. Griffin Community Service Award, On-Site Manager of the Year, Portfolio Manager / Corporate Management Executive of the Year, Small and Large Building Engineer of the Year, Security Professional of the Year, HÉCTOR J. FIGUEROA Porter of the Year, Rising Star of the Year, and Best Engine Room award to recognize leadership, innovation, and service within the real estate industry.
Youth Workforce Readiness Programs 1 activity
- Supports professional development and workforce pipelines
  
  Administers the REBNY Fellows Leadership Program and collaborates with New York City’s Summer Youth Employment Program (SYEP) to build capacity and create pathways into the real estate industry.

financials · form 990 · fy2024

revenue

Total revenue$16.69M

Contributions & grants$1.15M7%

Program service revenue$15.10M91%

Investment income$271K2%

Other revenue$165K

expenses

Total expenses$18.66M

Program expenses0%

Admin / overhead0%

Fundraising0%

Salaries & benefits$8.93M

Grants paid out$0

Largest expense lineCompensation

balance sheet

Total assets$24.87M

Cash$3.03M

Investments$3.29M

Liabilities$19.01M

Net assets$5.86M

Liquid reserves4.1 mo

5 years on record · 2020–2024 · YoY revenue -3.2%

leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 16

Name	Title	Hours/wk	Compensation
JAMES WHELAN	PRESIDENT	40	$954K
SANDHYA ESPITIA	COO	40	$463K
NINVE JAMES	SVP	40	$407K
CARL HUM	SVP GENERAL	40	$357K
YVONNE RILEY-TEPIE	SVP	40	$336K
TRACEY MALLIN	CONTROLLER	40	$303K
BASHA GERHARDS	SVP	40	$291K
ZACHARY SCHECTER-STEINBERG	SVP	40	$244K
MARYANN AVILES	VP	40	$233K
COLLEEN SLATTERY	SVP	40	$225K
REGGIE THOMAS	SVP	40	$224K
MIAH YOO	DIRECTOR	40	$216K
ANA LIS	VP	40	$202K
JASON RYAN	VP	40	$200K
ARAVELLA SIMOTAS	SVP	40	$151K
KATHERINE WRIGHT	SVP	40	$119K

board members · 9

ABIGAIL BLACK ELBAUM — MEMBER BD GO
ADAM FLATTO — MEMBER BD GO
ADAM PARKOFF — MEMBER BD GO
ALAN H WIENER — VICE CHAIRPE
ALBERT P BEHLER — MEMBER BD GO
ALEX KATZ — MEMBER BD GO
ALEXANDER DURST — MEMBER BD GO
AMY ROSE — VICE PRESIDE
ANDREW BRODY — MEMBER BD GO

relationships · 13

Who they work with

Brokers Partner — Real estate brokers who participate in REBNY's annual event
CE Shop Partner — Partner provider offering REBNY pre-licensing, broker licensing, and continuing education packages.
CE Shop Partner — Partnered with CE Shop to offer on-demand Continuing Education class packages for real estate professionals.
Commercial Management Council Partner — Internal council that co-hosts the Annual Commercial Management Leadership Event to honor excellence in commercial property management.
Major Public Officials Government — Government representatives who attend REBNY's annual event
NYS Department of State Government — Accredits REBNY's qualifying and continuing education courses for real estate licensing in New York State.
New York City’s Summer Youth Employment Program Partner — Collaborated with REBNY members on youth workforce development initiatives.
Owners Partner — Property owners who participate in REBNY's annual event
REBNY Residential Brokerage Division Network — REBNY's Residential Listing Service shares exclusive listings exclusively among brokerage firms that are members of REBNY’s Residential Brokerage Division.
Residential Brokerage Division Partner — Internal division that established the Member in Need fund to support residential brokers and agents facing financial hardship.
Residential Management Council Partner — Internal council that hosts the Annual Residential Management Leadership Event to recognize outstanding property management professionals.
The Real Estate Board of New York Inc Network — Organization serving as a central network for real estate professionals in New York City.
Top Developers Partner — Industry leaders who participate in REBNY's annual event

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.

Collaborative Ecosystem for Industry Influence

methodology: collaborative_ecosystem
By uniting diverse real estate professionals and stakeholders into a unified association, the organization amplifies collective influence on policy and economic development, because coordinated industry action produces stronger advocacy outcomes than individual efforts.
Ethics-Based Governance to Build Industry Trust

methodology: ethics-based_governance
By enforcing mandatory ethics training and professional standards beyond state requirements, the organization strengthens public trust and industry integrity, because higher ethical benchmarks reduce misconduct and increase stakeholder confidence.
Real Estate as Economic Development Engine

methodology: economic-development-through-real-estate
By positioning real estate activity as foundational to workforce development and citywide economic opportunity, the organization justifies its policy influence, because economic impact creates political legitimacy and public-sector engagement.