Overview
What is Defined Contribution Real Estate Council Inc?
Defined Contribution Real Estate Council Inc is a nonprofit organization, headquartered in Albany, New York, specifically at 80 State Street. The organization's primary mission is to advocate for and promote the inclusion of investments in direct commercial real estate and real estate securities within defined contribution plans. They achieve this by providing education, advocating for best practices, and fostering awareness about such investments. Their efforts aim to enhance the investment options available to individuals participating in defined contribution plans.
Official website here: www.dcrec.org
Is Defined Contribution Real Estate Council Inc legitimate?
Defined Contribution Real Estate Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Defined Contribution Real Estate Council 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.
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Official website here: www.dcrec.org
What is the mission statement of Defined Contribution Real Estate Council Inc?
The Defined Contribution Real Estate Council Inc was established with the mission to promote investment in direct commercial real estate and real estate securities within defined contribution plans. They aim to achieve this by fostering education, advocating for, and establishing best practices related to such investments. The organization's activities are centered around educating relevant parties about these investment opportunities, advocating for their inclusion in defined contribution plans, and sharing insights on effective strategies for these investments.
Official website here: www.dcrec.org
What is the revenue of Defined Contribution Real Estate Council Inc?
Defined Contribution Real Estate Council Inc's revenue in 2023 was $294,448.
Official website here: www.dcrec.org
Who are the executives of Defined Contribution Real Estate Council Inc and what are their salaries?
There 30 volunteers at Defined Contribution Real Estate Council Inc.
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Official website here: www.dcrec.org
Where can I find the form 990 for Defined Contribution Real Estate Council Inc?
Defined Contribution Real Estate Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dcrec.org
Learn more at the official website: www.dcrec.org
Mission Statement of Defined Contribution Real Estate Council Inc
Defined Contribution Real Estate Council Inc has been established with a mission to foster the integration of investments in direct commercial real estate and real estate securities within defined contribution plans. This organization strives to achieve this goal by advocating for, promoting education about, and endorsing best practices for such investments. By doing so, Defined Contribution Real Estate Council Inc aims to enhance the inclusion of these investment opportunities within defined contribution plans, thereby broadening the investment landscape for individuals and organizations.
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Impact
October, 2024
Defined Contribution Real Estate Council Inc significantly impacts the investment landscape by advocating for and facilitating the inclusion of direct commercial real estate and real estate securities in defined contribution plans. By focusing on education, the organization equips investors and plan sponsors with the knowledge necessary to understand the benefits and practicalities of these investment options.
Through its advocacy efforts, it aims to influence policy and best practices, promoting a broader acceptance of real estate as a viable asset class within retirement plans. This not only enhances the diversification of investment portfolios for individuals but also aims to improve overall financial security for participants in these plans. Furthermore, by establishing best practices, the organization helps to ensure that investments in real estate are managed effectively and responsibly, fostering long-term community improvement and economic stability.
This information is meant to be a general summary of Defined Contribution Real Estate Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $24,448
- Gross Receipts: $294,448
Assets and Liabilities:
- Total Assets: $560,391
- Total Liabilities: $7,809
- Net Assets: $552,582
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Organization Details
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