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Illinois Realtors Relief Foundation

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

EIN: 473685371 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Realtors Relief Foundation?

The Illinois Realtors Relief Foundation, established in 2015, is a nonprofit organization situated in Springfield, Illinois. Its primary mission is to extend aid and support to individuals residing in communities that have been impacted by natural disasters. The foundation provides grants for those in need, offering a helping hand during challenging times. Based at 522 South 5th Street, Springfield, IL 62701, the Illinois Realtors Relief Foundation stands as a testament to the collective compassion of the real estate industry in Illinois, working towards the betterment of its communities.


Official website here: www.illinoisrealtor.org/irrf

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Illinois Realtors Relief Foundation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score in accountability metrics, the foundation demonstrates strong governance practices, including a fully independent board and the absence of any material diversion of assets.

Strengths of the organization include its excellent program expense ratio, with nearly all expenses directed toward its programs, showing a commitment to maximizing impact. The foundation also adheres to best practices with comprehensive policies in place for conflict of interest, whistleblowing, and document retention, which contribute to its robust operational integrity.

Despite its strengths, there are no noted limitations in the data provided. The foundation's performance metrics suggest strong financial stability, with a liabilities-to-assets ratio of 0.00%, indicating effective asset management. Overall, the Illinois Realtors Relief Foundation upholds a commendable standard in the nonprofit sector.


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

Is Illinois Realtors Relief Foundation legitimate?

Illinois Realtors Relief Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Realtors Relief 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.illinoisrealtor.org/irrf

What is the mission statement of Illinois Realtors Relief Foundation?

The Illinois Realtors Relief Foundation, established in 2015, serves a mission to aid individuals residing in communities impacted by natural disasters. The foundation's primary activity is providing grants during times of need. Its purpose is to offer assistance and support, demonstrating its commitment to helping those affected by such calamities.


Official website here: www.illinoisrealtor.org/irrf

Who is the CEO of Illinois Realtors Relief Foundation?

Cathy Madaus is the Director of Illinois Realtors Relief Foundation.


Official website here: www.illinoisrealtor.org/irrf

What is the revenue of Illinois Realtors Relief Foundation?

Illinois Realtors Relief Foundation's revenue in 2022 was $62,441.


Official website here: www.illinoisrealtor.org/irrf

Who are the executives of Illinois Realtors Relief Foundation and what are their salaries?

There 6 volunteers at Illinois Realtors Relief Foundation.


Here are 8 key members and their salaries:


Charay Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Burris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Chiles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Crosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Baker (President)
  • Compensation: $496,211
  • Related: $0
  • Other: $41,220
Cathy Madaus (Secretary/Treasurer)
  • Compensation: $171,931
  • Related: $0
  • Other: $19,301


Official website here: www.illinoisrealtor.org/irrf

Where can I find the form 990 for Illinois Realtors Relief Foundation?

Illinois Realtors Relief Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.illinoisrealtor.org/irrf

Learn more at the official website: www.illinoisrealtor.org/irrf

Mission Statement of Illinois Realtors Relief Foundation

The Illinois Realtors Relief Foundation, established in 2015, is a charitable organization with a mission to aid those residing in communities impacted by natural disasters. Recognizing the hardships that such events can inflict, the foundation provides grants to individuals in need during these challenging times. By offering financial assistance, the Illinois Realtors Relief Foundation aims to provide a helping hand and contribute to the recovery process in affected communities.

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Impact




August, 2024

The Illinois Realtors Relief Foundation provides grants to assist individuals living in communities impacted by natural disasters. By offering financial support during times of need, the foundation plays a vital role in helping affected residents recover and rebuild. Through these grants, the foundation contributes to public safety efforts and helps ease the burden on individuals facing challenges after disasters strike.




This information is meant to be a general summary of Illinois Realtors Relief 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
$62,441 (2022)
Expenses
$96,065 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,338
  • Gross Receipts: $62,441

Assets and Liabilities:

  • Total Assets: $447,381
  • Total Liabilities: $0
  • Net Assets: $447,381

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Organization Details

Founding Year

2015

Principal Officer

Cathy Madaus

Main Address

522 SOUTH 5TH STREET, SPRINGFIELD, IL, 62701

NTEE Category

Code: M20 - Public safety

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