Overview
What is The Real Estate Council Foundation?
The Real Estate Council Foundation, based in Dallas, Texas, serves as a philanthropic arm, channeling funds from its financial partners and its own resources to various nonprofit organizations in North Texas. Its primary mission is to foster positive community change and offer solutions to support local communities by leveraging the professional skills of its parent organization's members. The foundation focuses on four key areas: education, housing, jobs, and the environment. With a small team of dedicated individuals, The Real Estate Council Foundation ignites innovative solutions to address community needs, demonstrating its commitment to enhancing the well-being of North Texas communities.
Official website here: www.recouncil.com
Is The Real Estate Council Foundation legitimate?
The Real Estate Council Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Real Estate Council 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: $43,777
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,016
For more financial information, click here
Official website here: www.recouncil.com
What is the mission statement of The Real Estate Council Foundation?
The Real Estate Council Foundation's mission is to instigate positive community transformation and offer solutions to support local communities. They achieve this by leveraging the professional skills of its parent organization's members. The foundation employs an innovative approach, providing solutions that enhance community development. The Real Estate Council Foundation utilizes its funds, both from financial partners and its own resources, to support nonprofit organizations in North Texas, focusing on initiatives in four key areas: education, housing, jobs, and the environment.
Official website here: www.recouncil.com
Who is the CEO of The Real Estate Council Foundation?
Linda Mcmahon is the Professional Service Chair of The Real Estate Council Foundation. The CEO's salary of The Real Estate Council Foundation is $29,359 and their total compensation is $309,823.
Official website here: www.recouncil.com
What is the revenue of The Real Estate Council Foundation?
The Real Estate Council Foundation's revenue in 2020 was $482,196.
Official website here: www.recouncil.com
Who are the executives of The Real Estate Council Foundation and what are their salaries?
The average compensation at The Real Estate Council Foundation during 2020 was $216,793. There is 1 employee and 92 volunteers at The Real Estate Council Foundation.
Here are 30 key members and their salaries (The Real Estate Council Foundation's CEO's salary is $29,359 and their total compensation is $309,823):
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- Compensation: $29,359
- Related: $264,231
- Other: $16,233
- Compensation: $11,526
- Related: $34,578
- Other: $5,078
- Compensation: $65,029
- Related: $65,029
- Other: $10,652
Official website here: www.recouncil.com
Where can I find the form 990 for The Real Estate Council Foundation?
The Real Estate Council Foundation's most recent form 990 was submitted in 2020 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 Foundation
The Real Estate Council Foundation, a charitable organization, is committed to driving positive change within local communities. Leveraging the expertise of its parent organization's members, it provides innovative solutions to address pressing community issues. The foundation's mission is to ignite community transformation by investing funds in nonprofit organizations working on initiatives in four key areas: education, housing, jobs, and the environment, in North Texas. By utilizing the professional skills of its parent organization's members, The Real Estate Council Foundation aims to make a significant impact in its community, fostering growth and development in various sectors.
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Impact
October, 2024
The Real Estate Council Foundation ignites positive community change and provides solutions to support local communities by harnessing the professional skills of its members. It invests in initiatives across four key areas: education, housing, jobs, and the environment, directly impacting North Texas communities.
By channeling funds from financial partners and its own resources, the Foundation addresses pressing local needs. In education, it supports programs that enhance learning opportunities, while in housing, it works to ensure affordable and accessible options for residents. The Foundation prioritizes job creation and workforce development, fostering economic growth. Environmental initiatives are also a key focus, promoting sustainable practices that benefit the community.
Overall, The Real Estate Council Foundation serves as a catalyst for meaningful change, leveraging real estate professionals' expertise to foster community improvement and development throughout Dallas and beyond.
This information is meant to be a general summary of The Real Estate Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $286,770
- Gross Receipts: $1,209,279
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1994
Phone
(214) 692-3603Principal Officer
Linda Mcmahon
Main Address
3100 MCKINNON STREET NO 1150, DALLAS, TX, 752011104
Website
www.recouncil.comNTEE Category
Code: S30Z - Community improvement
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