Overview
What is Real Estate Educational Programs?
Real Estate Educational Programs is a nonprofit organization located at 88 S 10TH ST, 400, Minneapolis, MN 55403. Their primary mission is to engage college-level students majoring in real estate development and related fields by providing hands-on projects that apply scholastics to the real world. This aims to enhance their learning experience and prepare them for the industry through practical internships. To support this mission, the organization raises scholarship funds for real estate students and provides financial aid for real estate programs. The goal is to offer students a comprehensive learning experience that combines theoretical knowledge with real-world applications.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Real Estate Educational Programs has achieved a commendable Four-Star rating from Charity Navigator, with an overall score of 94%. This high rating reflects the organization’s strong performance in Accountability & Finance, indicating that it effectively manages its resources and adheres to best practices in financial oversight. The charity's rating is based entirely on its accountability practices, showcasing a commitment to transparency and responsible governance.
One of the standout strengths of the organization is its fully independent board, comprising 10 members, which enhances its governance structure and decision-making processes. Additionally, there are no reported material diversions of assets, demonstrating financial integrity. The charity has also implemented critical policies such as those for conflict of interest, whistleblower protections, and document retention, all of which reinforce its commitment to ethical operations.
While the rating highlights several organizational strengths, it is important to note that the score is derived from a single beacon score focused on financial accountability, which means there may be limited insight into other areas like program effectiveness or community impact. Nonetheless, the high program expense ratio of 100% indicates that all funds are directed towards the charity's mission, further emphasizing its dedication to serving its constituents effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Real Estate Educational Programs legitimate?
Real Estate Educational Programs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Estate Educational Programs 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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What is the mission statement of Real Estate Educational Programs?
The Real Estate Educational Programs aim to foster projects that raise scholarship funds for real estate students and offer financial support for real estate programs. This initiative provides students with valuable "hands-on real-world" internship experiences. By engaging college-level students enrolled in real estate development and related field courses, these projects enable them to apply their scholastics to practical scenarios.
What is the revenue of Real Estate Educational Programs?
Real Estate Educational Programs's revenue in 2023 was -$189,403.
Who are the executives of Real Estate Educational Programs and what are their salaries?
There 30 volunteers at Real Estate Educational Programs.
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Where can I find the form 990 for Real Estate Educational Programs?
Real Estate Educational Programs's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Real Estate Educational Programs
Real Estate Educational Programs, an organization dedicated to its mission, aims to foster projects that generate scholarship funds for real estate students and offer financial assistance to real estate programs. This initiative provides students with invaluable, real-world internship experiences, enabling them to apply their scholastic knowledge directly to practical scenarios. By engaging college-level students enrolled in real estate development and related field courses in hands-on projects, Real Estate Educational Programs strives to bridge the gap between academic learning and the real world.
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Impact
August, 2024
Real Estate Educational Programs has a significant impact on the real estate industry by promoting and engaging in projects that raise scholarship funds for real estate students. It provides financial support for real estate programs and offers hands-on internship experiences for students enrolled in college-level real estate development courses. Through these initiatives, Real Estate Educational Programs bridges the gap between academic knowledge and real-world application, preparing students for success in the real estate field.
This information is meant to be a general summary of Real Estate Educational Programs. 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.
- Gross Receipts: $513,620
Assets and Liabilities:
- Total Assets: $1,410,060
- Total Liabilities: $63,972
- Net Assets: $1,346,088
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Organization Details
Founding Year
2013
Principal Officer
Robert Strachota
NTEE Category
Code: Y99 - Mutual benefit
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