Overview
What is Community Foundation Realty Inc?
Community Foundation Realty Inc, located in Memphis, Tennessee at 1900 Union Avenue, is a nonprofit organization primarily dedicated to supporting charitable causes. Its sole program involves accepting property for uses primarily benefiting the community of Memphis and Shelby County. The organization's primary mission is to aid the Community Foundation of Greater Memphis, Inc., in carrying out its charitable initiatives. The foundation primarily assists in furthering the community foundation's charitable objectives.
Is Community Foundation Realty Inc legitimate?
Community Foundation Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Realty 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: $0
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What is the mission statement of Community Foundation Realty Inc?
Community Foundation Realty Inc's primary role is to aid the Community Foundation of Greater Memphis, Inc., in fulfilling its charitable mission. This assistance is the organization's primary exempt purpose. The Foundation's only program involves accepting property for use primarily for religious, charitable, scientific, literary, or educational purposes, primarily benefiting Memphis and Shelby County. These purposes aim to serve the community in various capacities, contributing to its betterment.
Who is the CEO of Community Foundation Realty Inc?
Robert M Fockler is the President of Community Foundation Realty Inc.
What is the revenue of Community Foundation Realty Inc?
Community Foundation Realty Inc's revenue in 2023 was $417,986.
Who are the executives of Community Foundation Realty Inc and what are their salaries?
There 4 volunteers at Community Foundation Realty Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $361,278
- Other: $52,877
- Compensation: $0
- Related: $189,370
- Other: $26,074
- Compensation: $0
- Related: $183,378
- Other: $13,766
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Foundation Realty Inc?
Community Foundation Realty Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Community Foundation Realty Inc
Community Foundation Realty Inc serves a vital role in assisting the Community Foundation of Greater Memphis, Inc. in fulfilling its charitable mission. The primary objective of Community Foundation Realty Inc is to accept property for exclusive use in support of religious, charitable, scientific, literary, or educational purposes, primarily benefiting Memphis and Shelby County. This nonprofit organization's mission is to aid in the advancement of these causes, contributing to the betterment of its community in various ways.
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Impact
October, 2024
Community Foundation Realty Inc plays a vital role in bolstering the charitable initiatives of the Community Foundation of Greater Memphis. By managing property donations, it directly supports a wide range of community enrichment activities focused on religious, charitable, scientific, literary, and educational purposes. The organization’s efforts are concentrated primarily within the Memphis and Shelby County areas, ensuring that the benefits are felt locally.
Through the acceptance and management of these properties, Community Foundation Realty Inc not only aids in facilitating charitable endeavors but also strengthens the philanthropic landscape of the region. This impact is seen in various community programs and initiatives that serve to uplift and enrich the lives of residents in Memphis and beyond. By acting as a conduit for property to be utilized for good, the organization helps to address key community needs and fosters a collaborative spirit among local charitable efforts.
This information is meant to be a general summary of Community Foundation Realty 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: $417,986
- Gross Receipts: $417,986
Assets and Liabilities:
- Total Assets: $51,272,143
- Total Liabilities: $938,944
- Net Assets: $50,333,199
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Organization Details
Founding Year
1991
Phone
(901) 728-4600Principal Officer
Robert M Fockler
Main Address
1900 UNION AVENUE, MEMPHIS, TN, 38112
NTEE Category
Code: T31 - Philanthropy
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