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Atlanta Real Estate Collaborative Inc

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

EIN: 463129325 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Atlanta Real Estate Collaborative Inc?

Atlanta Real Estate Collaborative Inc, established in 2013, is a nonprofit organization situated in Atlanta, Georgia. Their primary focus is addressing the housing affordability crisis in the Metro Atlanta area. They achieve this goal by implementing a multifaceted approach, which includes social impact investing, housing placements, real estate advisory services, and advocacy. The organization's mission is to aid individuals and families experiencing homelessness through housing placement, real estate acquisition and development, and advocacy. Their goal is to contribute to a more affordable and sustainable housing market in the area.


Official website here: www.arec.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Atlanta Real Estate Collaborative Inc has achieved a commendable Three-Star rating, reflecting a score of 76%. This rating is primarily based on the organization's accountability and finance practices, which score highly across several metrics. Notably, the organization boasts a board composed entirely of independent members, and it demonstrates sound financial management with a low liabilities to assets ratio.

The nonprofit shows strength in transparency and governance, as evidenced by its documented board meeting minutes and the inclusion of its website information on tax forms. Additionally, the program expense ratio indicates that a significant portion of its budget is directed toward its programs, demonstrating a commitment to effective resource allocation.

While the organization appears to maintain robust financial health and governance practices, ongoing transparency and adherence to best practices will be essential for sustaining public trust and support in the future. Overall, the Atlanta Real Estate Collaborative Inc has established a solid foundation that may continue to benefit its mission in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Atlanta Real Estate Collaborative Inc legitimate?

Atlanta Real Estate Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Real Estate Collaborative 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: $171,181

For more financial information, click here


Official website here: www.arec.org

What is the mission statement of Atlanta Real Estate Collaborative Inc?

Atlanta Real Estate Collaborative Inc's mission is centered around assisting individuals and families experiencing homelessness. They accomplish this through various means, including facilitating housing placements, engaging in real estate acquisition and development, and advocating for relevant policies. Established in 2013, this nonprofit organization tackles the housing affordability crisis in a comprehensive manner, utilizing strategies such as social impact investing, providing real estate advisory services, and advocating for relevant policies. The goal is to provide sustainable solutions and improve the living conditions of those in need.


Official website here: www.arec.org

Who is the CEO of Atlanta Real Estate Collaborative Inc?

Marc Pollack is the President of Atlanta Real Estate Collaborative Inc.


Official website here: www.arec.org

What is the revenue of Atlanta Real Estate Collaborative Inc?

Atlanta Real Estate Collaborative Inc's revenue in 2021 was $168,150.


Official website here: www.arec.org

Who are the executives of Atlanta Real Estate Collaborative Inc and what are their salaries?

There 3 volunteers at Atlanta Real Estate Collaborative Inc.


Here are 7 key members and their salaries:


Marc Pollack (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lachapelle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Schrager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Shallat (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Loeffel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Goldman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Slaton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arec.org

Where can I find the form 990 for Atlanta Real Estate Collaborative Inc?

Atlanta Real Estate Collaborative Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.arec.org

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

Mission Statement of Atlanta Real Estate Collaborative Inc

Atlanta Real Estate Collaborative Inc, established in 2013, is a nonprofit organization dedicated to assisting individuals and families navigating homelessness. Their mission is multifaceted, encompassing housing placement, real estate acquisition and development, and advocacy. By activating a range of comprehensive solutions, this organization aims to address the housing affordability crisis in Metro Atlanta. Through social impact investing, housing placements, real estate advisory services, and advocacy, Atlanta Real Estate Collaborative Inc seeks to positively impact the lives of those experiencing homelessness and work towards a more equitable housing landscape.

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Impact




October, 2024

Atlanta Real Estate Collaborative Inc has made a significant impact in addressing the housing affordability crisis in Metro Atlanta since its establishment in 2013. By focusing on housing placement, real estate acquisition and development, and advocacy, the organization actively assists individuals and families experiencing homelessness.

Through innovative social impact investing and comprehensive real estate advisory services, the Collaborative enables more people to access stable and affordable housing. Its efforts not only provide immediate relief to those in need but also contribute to long-term solutions aimed at improving the overall housing landscape in Atlanta. The organization's advocacy work raises awareness and drives systemic change, promoting policies that enhance housing security and affordability for all residents.

In summary, Atlanta Real Estate Collaborative Inc plays a crucial role in transforming lives, community dynamics, and the broader real estate environment by tackling homelessness and advancing equitable housing solutions in the region.




This information is meant to be a general summary of Atlanta Real Estate Collaborative 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
$168,150 (2021)
Expenses
$176,207 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $168,150

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2013

Principal Officer

Marc Pollack

Main Address

3340 PEACHTREE ROAD NE 1400, ATLANTA, GA, 30326

NTEE Category

Code: L30 - Housing

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