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Realty Holdings Inc Of The Quad Cities Community Foundation

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

EIN: 421513946 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Realty Holdings Inc Of The Quad Cities Community Foundation?

Realty Holdings Inc of the Quad Cities Community Foundation is a nonprofit organization situated in Bettendorf, Iowa. Its primary objective is to manage real estate donations, selling the properties and transferring the resulting funds to the Quad Cities Community Foundation. This foundation utilizes the funds for grant distributions and scholarship awards, aiming to contribute positively to the Quad Cities region. The mission of Realty Holdings Inc is to facilitate the generosity of donors, aiming to transform the community through their endowments.


Official website here: www.qccommunityfoundation.org

Is Realty Holdings Inc Of The Quad Cities Community Foundation legitimate?

Realty Holdings Inc Of The Quad Cities Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Realty Holdings Inc Of The Quad Cities Community Foundation 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.qccommunityfoundation.org

What is the mission statement of Realty Holdings Inc Of The Quad Cities Community Foundation?

Realty Holdings Inc, in partnership with The Quad Cities Community Foundation, was established to facilitate the acceptance and sale of real estate donations. The generated proceeds are then transferred to the foundation. The foundation's mission is to establish endowments with the goal of "transforming the region through the generosity of its donors." By selling donated farm rentals, Realty Holdings Inc contributes to the foundation, which later utilizes the funds for grant and scholarship distributions.


Official website here: www.qccommunityfoundation.org

Who is the CEO of Realty Holdings Inc Of The Quad Cities Community Foundation?

Susan Hafkemeyer is the Treasurer of Realty Holdings Inc Of The Quad Cities Community Foundation.


Official website here: www.qccommunityfoundation.org

What is the revenue of Realty Holdings Inc Of The Quad Cities Community Foundation?

Realty Holdings Inc Of The Quad Cities Community Foundation's revenue in 2022 was $3,016,516.


Official website here: www.qccommunityfoundation.org

Who are the executives of Realty Holdings Inc Of The Quad Cities Community Foundation and what are their salaries?

There 8 volunteers at Realty Holdings Inc Of The Quad Cities Community Foundation.


Here are 9 key members and their salaries:


Susan Hafkemeyer (Treasurer)
  • Compensation: $0
  • Related: $115,303
  • Other: $9,270
Jeff Ehrmann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael L Gorsline (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Knobbe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Leslie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Newell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stavnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Stolk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Tinsman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.qccommunityfoundation.org

Where can I find the form 990 for Realty Holdings Inc Of The Quad Cities Community Foundation?

Realty Holdings Inc Of The Quad Cities Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.qccommunityfoundation.org

Learn more at the official website: www.qccommunityfoundation.org

Mission Statement of Realty Holdings Inc Of The Quad Cities Community Foundation

Realty Holdings Inc of the Quad Cities Community Foundation was established with a specific purpose: to facilitate the reception and sale of real estate gifts, subsequently transferring the generated cash to the Quad Cities Community Foundation. The mission of this organization is multifaceted. It aims to generate funds by selling donated real estate gifts, with the cash proceeds then being channeled to the Quad Cities Community Foundation. This foundation, in turn, establishes endowments with a vision to "transform our region through the generosity of our donors." By doing so, Realty Holdings Inc of the Quad Cities Community Foundation plays a crucial role in supporting various charitable causes and initiatives within their community, helping to improve the lives of its residents.

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Impact




October, 2024

Realty Holdings Inc Of The Quad Cities Community Foundation significantly impacts the community by facilitating the receipt and sale of real estate gifts. By transferring the cash generated from these transactions to the Quad Cities Community Foundation, it supports the establishment of endowments specifically aimed at fostering regional transformation. The organization effectively channels rental revenue from donated farms into meaningful grants and scholarships, providing essential resources to local individuals and initiatives. This approach not only promotes philanthropy but also strengthens the community by reinvesting in its future through education and other vital programs.




This information is meant to be a general summary of Realty Holdings Inc Of The Quad Cities Community Foundation. 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
$3,016,516 (2022)
Expenses
$37,045 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,054,223

Assets and Liabilities:

  • Total Assets: $5,310,168
  • Total Liabilities: $33
  • Net Assets: $5,310,135

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Organization Details

Founding Year

2001

Principal Officer

Susan Hafkemeyer

Main Address

852 MIDDLE RD 100, BETTENDORF, IA, 52722

NTEE Category

Code: T99 - Philanthropy

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