Naiop Central Florida Chapter FY2023 filing

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To assist in professional development of members of the real estate industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$98K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $55K a year · 15% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Pay to officers and key staff
$98K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 8.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$324K
-11% vs prior year
Spent
$381K
Net assets
$282K
By yearFY2020–FY2024
Revenue
$324K
FY2023▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$244K
FY2022$362K
FY2023$324K
FY2024$487K
Expenses
$381K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$194K
FY2022$268K
FY2023$381K
FY2024$355K
Net assets
$282K
FY2023▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020$224K
FY2022$339K
FY2023$282K
FY2024$414K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

27 people listed on the 990; $98K paid to officers and key staff.

Part VII, Section A · reportable compensation
Past Chapter Exec Director
$76,550Pt VII · Sec A
Chapter Executive Director
$21,292Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Kate Pietkiewicz$105,000$21,292——
Lindsay Winter—$76,550$88,000$79,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Naiop Central Florida Chapter executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps real estate professionals improve their skills and advance their careers.

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Provided by the organization

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2 programs · in their own filed words · FY2023
01

Provide the central florida commercial real estate community with an association which enhances the image and public perception of the real estate industry.

Pt IX · col B
02

Provide education and industry information to members through conferences and conventions.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$324K
Ln 12
Gifts and grantsLn 1h$243K
Fees for servicesLn 2g$75K
Investment incomeLn 3$5K
Money outPt IX
$381K
Ln 25
Owns and owesPt X
$282K
net assets · Ln 32
Cash and savingsLn 1–2$282K
Total assetsLn 16$282K
LiabilitiesLn 26$0
PeoplePt VI, VII
27
listed · VII A
PaidVII A2
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$243K
Fees for servicesLn 2g$75K
Investment incomeLn 3$5K
Other incomeLn 4–11$1K
Gains on assetsLn 7$0
Total revenueLn 12$324K
Assets in detailPt X, end of year
CashLn 1$64K
SavingsLn 2$218K
Cash and savings togetherLn 1–2$282K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$282K
LiabilitiesLn 26$0
Net assetsLn 32$282K
OperationsPt I, VI
EmployeesI 50
VolunteersI 626
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$339K$282K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$339K$282K
LiabilitiesLn 26$0$0
Net assetsLn 32$339K$282K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K
Grants to domestic individualsLn 2$4K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$98K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K
Office expensesLn 13$5K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$231K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$600
Other expenses (24a–d)Ln 24$29K
Total functional expensesLn 25$381K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $487K$355K$132K$414K 990 PDF
FY2023 Viewing $324K$381K−$57K$282K 990 PDF
FY2022 $362K$268K$94K$339K 990 PDF
FY2021 Not on file
FY2020 $244K$194K$50K$224K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $323,656 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $285,882$242,814
I-9 Program service revenuePrior year $71,900$74,765
I-10 Investment incomePrior year $119$4,664
I-11 Other revenuePrior year $4,316$1,413
I-12 Total revenuePrior year $362,217$323,656
I-13 Grants and similar amounts paidPrior year $4,000$7,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $88,000$97,842
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $175,922$276,196
I-18 Total expensesPrior year $267,922$381,038
I-19 Revenue less expensesPrior year $94,295−$57,382
Part VI · Governance 25 of 25 board members independent, 3 to look at
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $323,656 across 11 lines filed
VIII-1b Membership dues$42,205
VIII-1f All other contributions, gifts and grants$200,609
VIII-1h Total contributions, gifts and grants$242,814
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $74,765$74,765
VIII-3 Investment incomeExcluded from tax $4,664$4,664
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,413$1,413
VIII-12 Total revenueRelated to mission $76,178 · Excluded from tax $4,664$323,656
Part IX · Statement of functional expenses $381,038 across 30 lines filed
IX-1 Grants to domestic organizations$3,000
IX-2 Grants to domestic individuals$4,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$97,842
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$8,075
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$3,256
IX-13 Office expenses$4,723
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$230,843
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$600
IX-24 Other expenses (24a–d)$28,699
IX-25 Total functional expenses$381,038
Part X · Balance sheet $282,086 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $165,780$64,389
X-2 Savings and temporary cash investmentsStart of year $173,688$217,697
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $339,468$282,086
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $339,468$282,086
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $339,468$282,086
X-33 Total liabilities and net assetsStart of year $339,468$282,086
Part XI · Reconciliation of net assets $282,086 net assets at year end
XI-1 Total revenue$323,656
XI-2 Total expenses$381,038
XI-3 Revenue less expenses−$57,382
XI-4 Net assets at start of year$339,468
XI-10 Net assets at end of year$282,086

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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