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Chicago Association Of Realtors Educational Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363746120 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Chicago Association Of Realtors Educational Foundation Inc?

Chicago Association of Realtors Educational Foundation Inc is a 501(c)(3) charitable organization, serving as the educational, philanthropic, and research wing of the Chicago Association of REALTORS. Their primary mission is to encourage, promote, and provide education in the real estate sector, while also offering grants for philanthropic purposes. The foundation offers scholarships to assist REALTORS and their families in achieving their real estate educational goals, aiming to help them pursue education, designations, or certifications that will lead to successful careers in the industry. Additionally, the foundation hosts various industry recognition events and provides grants to recognized 501(c)(3) organizations for philanthropic activities. Based at 430 N Michigan Ave 800, Chicago, IL, 60611, the foundation supports the professional growth and development of REALTORS in the region.


Official website here: www.chicagorealtor.com/foundation/

Is Chicago Association Of Realtors Educational Foundation Inc legitimate?

Chicago Association Of Realtors Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Association Of Realtors Educational Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chicagorealtor.com/foundation/

What is the mission statement of Chicago Association Of Realtors Educational Foundation Inc?

The Chicago Association of Realtors Educational Foundation Inc, as a 501(c)(3) charitable organization, serves as the educational, philanthropic, and research arm for real estate professionals. Its primary mission is to encourage, promote, and provide education in the real estate field. The foundation offers opportunities for REALTORS to enhance their businesses through education, fostering careers in real estate, and boosting the professional image of REALTORS. The foundation provides scholarships to assist qualified REALTORS and students in pursuing real estate education, designations, or certifications. Furthermore, the foundation awards grants to recognized 501(c)(3) organizations for philanthropic purposes. Additionally, it hosts various industry recognition events.


Official website here: www.chicagorealtor.com/foundation/

Who is the CEO of Chicago Association Of Realtors Educational Foundation Inc?

Unavailable The CEO's salary of Chicago Association Of Realtors Educational Foundation Inc is $0 and their total compensation is $481,453.


Official website here: www.chicagorealtor.com/foundation/

What is the revenue of Chicago Association Of Realtors Educational Foundation Inc?

Chicago Association Of Realtors Educational Foundation Inc's revenue in 2022 was $268,621.


Official website here: www.chicagorealtor.com/foundation/

Who are the executives of Chicago Association Of Realtors Educational Foundation Inc and what are their salaries?

There 20 volunteers at Chicago Association Of Realtors Educational Foundation Inc.


Here are 16 key members and their salaries (Chicago Association Of Realtors Educational Foundation Inc's CEO's salary is $0 and their total compensation is $481,453):


Megan Oswald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Scheid (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha D Powell (Chairperson Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Stogsdill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonia Mills (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Vilegas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hipolito Garcia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lutalo Mcgee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion J Valle (Founding Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Langum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ware (Trustee)
  • Compensation: $0
  • Related: $6,000
  • Other: $0
Shaun Pinkston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon Good (Founding Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Hajjar-Miller (Immediate Past Char)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Mills Clement (Top Mgmt Official & Car Ceo)
  • Compensation: $0
  • Related: $444,181
  • Other: $37,272
Robert Schmidt (Top Financial Official & Car Cfo)
  • Compensation: $0
  • Related: $204,098
  • Other: $14,886


Official website here: www.chicagorealtor.com/foundation/

Where can I find the form 990 for Chicago Association Of Realtors Educational Foundation Inc?

Chicago Association Of Realtors Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagorealtor.com/foundation/

Learn more at the official website: www.chicagorealtor.com/foundation/

Mission Statement of Chicago Association Of Realtors Educational Foundation Inc

The Chicago Association of Realtors Educational Foundation Inc, a 501(c)(3) charitable organization, serves as the education, philanthropic, and research arm of the Chicago Association of REALTORS. Its mission is centered around encouraging, promoting, and providing education in the realm of real estate. The foundation offers opportunities for REALTORS to augment their professional skills through education, thereby fostering successful careers in the real estate industry. By championing the professional image of the Chicago REALTOR, the foundation plays a pivotal role in upholding high standards within the real estate sector.

In line with its mission, the Chicago Association of Realtors Educational Foundation Inc provides scholarships to eligible REALTORS and their families, supporting their pursuit of real estate education, designations, or certifications. These funds are instrumental in equipping qualified individuals with the necessary skills to embark on productive careers in the real estate industry. In addition to educational scholarships, the foundation hosts various industry recognition events, furthering its commitment to recognizing and celebrating the achievements of REALTORS.

Moreover, the Chicago Association of Realtors Educational Foundation Inc extends its philanthropic efforts by providing grants to recognized 501(c)(3) organizations. These grants are allocated towards charitable purposes, demonstrating the foundation's dedication to contributing positively to the broader community. By offering educational opportunities, recognition events, and philanthropic grants, the Chicago Association of Realtors Educational Foundation Inc plays a significant role in nurturing and advancing the real estate industry while also giving back to the community.

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Impact




October, 2024

The Chicago Association of Realtors Educational Foundation Inc significantly impacts the real estate industry by promoting and providing education tailored for realtors and their families. Through its scholarship programs, the Foundation helps qualified individuals pursue educational goals, designations, or certifications, facilitating their entry into productive careers within the real estate sector.

Additionally, the Foundation organizes industry recognition events that foster a sense of community and celebrate excellence among real estate professionals in Chicago. Its commitment extends to philanthropic efforts, offering grants to approved organizations that align with its mission, further enriching the community. Overall, the Foundation plays a crucial role in enhancing professional development, improving career prospects, and elevating the public image of realtors in Chicago.




This information is meant to be a general summary of Chicago Association Of Realtors Educational Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$268,621 (2022)
Expenses
$280,822 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,338
  • Gross Receipts: $529,612

Assets and Liabilities:

  • Total Assets: $1,167,614
  • Total Liabilities: $41,021
  • Net Assets: $1,126,593

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Organization Details

Founding Year

1990

Main Address

430 N Michigan Ave 800, CHICAGO, IL, 60611

NTEE Category

Code: B82 - Education

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