Overview
What is Rasm Realtors Charitable Foundation Inc?
Rasm Realtors Charitable Foundation Inc, based in Sarasota and Manatee counties, is a nonprofit organization dedicated to improving the community's quality of life and providing support to its members in need. The foundation achieves this mission by offering direct financial aid in the form of scholarships. In the recent past, they have given out 10 scholarships worth $2,000 each to local students, demonstrating their commitment to investing in the region's future leaders.
Is Rasm Realtors Charitable Foundation Inc legitimate?
Rasm Realtors Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rasm Realtors Charitable Foundation Inc submitted a form 990EZ, 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 Rasm Realtors Charitable Foundation Inc?
The Rasm Realtors Charitable Foundation Inc's mission is centered around improving the quality of life and opportunities in their local communities, specifically Sarasota and Manatee counties. They achieve this by providing direct financial aid to its members in need and also extend their support to the community at large. One of their key initiatives involves offering ten annual college scholarships to deserving local students, each worth $2,000. In essence, the foundation aims to uplift its community and assist its real estate industry members through charitable contributions.
Who is the CEO of Rasm Realtors Charitable Foundation Inc?
Arakelian Jeff is the CEO of Rasm Realtors Charitable Foundation Inc The CEO's salary of Rasm Realtors Charitable Foundation Inc is $0 and their total compensation is $231,896.
What is the revenue of Rasm Realtors Charitable Foundation Inc?
Rasm Realtors Charitable Foundation Inc's revenue in 2023 was $226,979.
Who are the executives of Rasm Realtors Charitable Foundation Inc and what are their salaries?
There 40 volunteers at Rasm Realtors Charitable Foundation Inc.
Here are 9 key members and their salaries (Rasm Realtors Charitable Foundation Inc's CEO's salary is $0 and their total compensation is $231,896):
- Compensation: $0
- Related: $216,000
- Other: $15,896
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rasm Realtors Charitable Foundation Inc?
Rasm Realtors Charitable Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rasm Realtors Charitable Foundation Inc
Rasm Realtors Charitable Foundation Inc, a philanthropic organization, is committed to enhancing the quality of life and opportunities in local communities, specifically in Sarasota and Manatee counties. Their primary mission is to achieve this by offering direct financial aid to deserving students through college scholarships. In the past, they have awarded 10 scholarships worth $2,000 each to local students, demonstrating their dedication to supporting the educational aspirations of young individuals in their community. Additionally, the foundation extends its support to RASM members in need, contributing to their well-being and strengthening the real estate industry in the area.
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Impact
October, 2024
Rasm Realtors Charitable Foundation Inc. significantly enhances the quality of life and opportunities in Sarasota and Manatee counties. Through the direct contributions of RASM members, the foundation actively supports local initiatives and individuals in need. One of its notable impacts includes the provision of ten college scholarships, each valued at $2,000, to local students, empowering them to pursue higher education and achieve their academic goals. This commitment not only assists students financially but also fosters a sense of community support and investment in the future of the region.
This information is meant to be a general summary of Rasm Realtors Charitable Foundation 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: $2,126
- Gross Receipts: $300,844
Assets and Liabilities:
- Total Assets: $68,479
- Total Liabilities: $1,020
- Net Assets: $67,459
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Organization Details
Principal Officer
Arakelian Jeff
NTEE Category
Code: T12 - Philanthropy
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