Overview
What is The Real Estate Council Inc?
The Real Estate Council Inc, based in Dallas, Texas, is a nonprofit organization dedicated to nurturing the next generation of leaders in the commercial real estate sector. They achieve this through educational programs and networking opportunities, fostering relationships within the industry to drive community investment, shape policy, boost careers, and cultivate future leaders. With a small workforce of 14 individuals, this organization plays a pivotal role in shaping the future of the commercial real estate industry in Texas.
Official website here: www.recouncil.com
Is The Real Estate Council Inc legitimate?
The Real Estate Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $231,481
Professional Fundraising Fees: $0
Other Salaries and Wages: $568,806
For more financial information, click here
Official website here: www.recouncil.com
What is the mission statement of The Real Estate Council Inc?
The Real Estate Council Inc's mission is centered around fostering relationships within the commercial real estate industry. This mission aims to catalyze community investment, influence policy, propel careers, and develop future leaders. The organization believes that relationships are crucial for career success, civic responsibility, and community investment. In pursuit of this goal, TREC focuses on leadership development for the next generation of leaders and provides educational programming and networking opportunities for its members.
Official website here: www.recouncil.com
Who is the CEO of The Real Estate Council Inc?
Linda Mcmahon is the CEO of The Real Estate Council Inc The CEO's salary of The Real Estate Council Inc is $144,623 and their total compensation is $498,397.
Official website here: www.recouncil.com
What is the revenue of The Real Estate Council Inc?
The Real Estate Council Inc's revenue in 2023 was $1,702,464.
Official website here: www.recouncil.com
Who are the executives of The Real Estate Council Inc and what are their salaries?
The average compensation at The Real Estate Council Inc during 2023 was $66,691. There are 12 employees and 187 volunteers at The Real Estate Council Inc.
Here are 56 key members and their salaries (The Real Estate Council Inc's CEO's salary is $144,623 and their total compensation is $498,397):
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- Compensation: $144,623
- Related: $337,454
- Other: $16,320
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- Other: $6,230
- Compensation: $47,269
- Related: $57,773
- Other: $9,930
Official website here: www.recouncil.com
Where can I find the form 990 for The Real Estate Council Inc?
The Real Estate Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.recouncil.com
Learn more at the official website: www.recouncil.com
Mission Statement of The Real Estate Council Inc
The Real Estate Council Inc, a prominent organization in the commercial real estate industry, is committed to fostering relationships that catalyze community investment, influence policy, propel careers, and develop the leaders of tomorrow. They believe that relationships are the lifeblood of career success, civic responsibility, and community investment. The council achieves this mission by focusing on the leadership development of the next generation of leaders and providing educational programming as well as networking opportunities for its members. Through these initiatives, The Real Estate Council Inc is instrumental in shaping the future of the commercial real estate industry while contributing to the betterment of the community at large.
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Impact
October, 2024
The Real Estate Council Inc. plays a crucial role in enhancing the commercial real estate industry by fostering relationships that catalyze community investment and influence policy. By focusing on leadership development, TREC nurtures the next generation of leaders through educational programming and networking opportunities. This commitment not only propels careers within the industry but also ensures that real estate professionals are well-equipped to contribute to civic responsibility and community improvement.
TREC's initiatives encourage collaboration among industry leaders, which helps shape policies that impact the local community. This networking creates a robust ecosystem where established professionals mentor emerging leaders, thus perpetuating a cycle of growth and opportunity within the sector. The organization's emphasis on education empowers members with the knowledge and resources needed to drive positive change in their communities.
By cultivating strong relationships, The Real Estate Council Inc. effectively acts as a catalyst for investment and innovation in the commercial real estate landscape, ultimately leading to a more vibrant and economically sustainable community in Dallas and beyond.
This information is meant to be a general summary of The 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: $41,888
- Program Service Revenue: $1,661,247
- Gross Receipts: $1,704,598
Assets and Liabilities:
- Total Assets: $1,467,361
- Total Liabilities: $658,596
- Net Assets: $808,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,177,900
PROFESSIONAL DEVELOPME
Revenue
$477,113
MANAGEMENT FEES
Revenue
$6,234
Organization Details
Founding Year
1990
Principal Officer
Summer Loveland
Website
www.recouncil.comNTEE Category
Code: S47 - Community improvement
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