Charlottesville Area Association Of Realtors Foundation

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

EIN: 852523353 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Charlottesville Area Association Of Realtors Foundation?

The Charlottesville Area Association of Realtors Foundation serves as the philanthropic initiative of its membership, encouraging realtors to contribute their time, talents, and resources towards supporting and strengthening local community initiatives. Established with charitable and educational purposes in mind, the foundation aims to leverage the philanthropic passion, knowledge, and skills of its members and affiliates. It provides various volunteer opportunities and encourages combined giving, offering potential tax benefits. The foundation ensures accountability and impact of donations by tracking reporting metrics and seeks contributions from various sources, primarily the CAAR membership and other interested individuals and corporations. Its primary activity involves recognizing local realtors who volunteer in the community, presenting awards at events organized by the Charlottesville Area Association of Realtors.


Official website here: www.caar.com/community-informa

Is Charlottesville Area Association Of Realtors Foundation legitimate?

Charlottesville Area Association Of Realtors Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlottesville Area Association Of Realtors 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.caar.com/community-informa

What is the mission statement of Charlottesville Area Association Of Realtors Foundation?

The Charlottesville Area Association of Realtors Foundation serves as a philanthropic initiative for its members, aiming to provide an effective platform for donating time, talent, and resources to support community initiatives. Its primary objectives are charitable and educational, aimed at leveraging the philanthropic passion, knowledge, and skills of the association's membership and affiliates. The foundation offers volunteer opportunities and encourages combined giving among members, allowing them to realize potential tax benefits. It ensures accountability and impact of donations through reporting metrics and seeks contributions from various sources, primarily its membership and interested individuals and corporations. Its primary role is to manage these initiatives and contributions effectively.


Official website here: www.caar.com/community-informa

Who is the CEO of Charlottesville Area Association Of Realtors Foundation?

John Seidler is the Chairman of Charlottesville Area Association Of Realtors Foundation.


Official website here: www.caar.com/community-informa

What is the revenue of Charlottesville Area Association Of Realtors Foundation?

Charlottesville Area Association Of Realtors Foundation's revenue in 2022 was $98,980.


Official website here: www.caar.com/community-informa

Who are the executives of Charlottesville Area Association Of Realtors Foundation and what are their salaries?


Here are 10 key members and their salaries:


Virginia K Barefoot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crocker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristel Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Russo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Seidler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Slater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Streed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Wilt (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Tammen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caar.com/community-informa

Where can I find the form 990 for Charlottesville Area Association Of Realtors Foundation?

Charlottesville Area Association Of Realtors Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caar.com/community-informa

Learn more at the official website: www.caar.com/community-informa

Mission Statement of Charlottesville Area Association Of Realtors Foundation

The Charlottesville Area Association of Realtors Foundation serves as a philanthropic initiative, aiming to provide a platform for realtors to donate their time, expertise, and resources to support and sustain community initiatives. The organization's primary purpose is to be charitable and educational, falling under Section 501(C)(3) of the Internal Revenue Code. It achieves this goal through various means, including leveraging the philanthropic passion, knowledge, and skills of its membership and affiliates.

One of the key objectives of the Charlottesville Area Association of Realtors Foundation is to provide volunteer opportunities. This allows its members to contribute to the community in a hands-on manner. The foundation also aims to create opportunities for its members to collectively give back, realizing a tax benefit when applicable. Furthermore, it ensures accountability and impact of donations through reporting metrics, ensuring that every contribution is making a difference.

The foundation seeks contributions from various sources, primarily its membership and other interested individuals and corporations. This strategy allows it to further its strategic community initiatives and purposes. The Charlottesville Area Association of Realtors Foundation manages these contributions, serving as a responsible and effective steward of the philanthropic resources it receives.

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Impact




October, 2024

The Charlottesville Area Association Of Realtors Foundation significantly impacts the local community by mobilizing REALTORS to contribute their time, talent, and resources towards meaningful community initiatives. This foundation serves as a dynamic platform that enables REALTORS to engage in volunteer activities, empowering them to leverage their skills and philanthropic passion for positive change.

Through the Good Neighbor Award and various volunteer opportunities, the foundation recognizes and amplifies the efforts of REALTORS who actively participate in charitable causes within the greater Charlottesville area, including the City of Charlottesville and surrounding counties such as Albemarle, Greene, Fluvanna, Louisa, and Nelson. This initiative fosters a sense of community responsibility, encouraging REALTORS to dedicate their services to local non-profits.

Moreover, the foundation creates opportunities for members to combine their giving power, maximizing their contributions to the community while offering potential tax benefits. It ensures accountability and measures the impact of donations through comprehensive reporting metrics, reinforcing a culture of transparency and trust.

By seeking contributions and support primarily from its members while also welcoming broader community involvement, the foundation effectively addresses strategic community initiatives, driving change and fostering a collaborative spirit among REALTORS and local residents. The ongoing commitment to volunteerism and philanthropy plays a vital role in sustaining and enhancing the quality of life in the Charlottesville community.




This information is meant to be a general summary of Charlottesville Area Association Of Realtors 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
$98,980 (2022)
Expenses
$17,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,979
  • Gross Receipts: $98,980

Assets and Liabilities:

  • Total Assets: $147,661
  • Total Liabilities: $0
  • Net Assets: $147,661

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Organization Details

Founding Year

2021

Principal Officer

John Seidler

Main Address

550 HILLSDALE DRIVE, CHARLOTTESVILLE, VA, 22901

NTEE Category

Code: T30 - Philanthropy

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