Real Estate Executive Council Foundation

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

EIN: 863587854 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Real Estate Executive Council Foundation?

The Real Estate Executive Council Foundation, located in Chicago, Illinois, is a nonprofit organization committed to enhancing business conditions within the real estate industry. This is achieved by fostering the complete involvement of minorities and minority-owned companies. Their mission encompasses promoting diverse talent within commercial real estate, utilizing various strategies such as education, advocacy, networking, mentorship, and financial assistance in the form of scholarships or fellowships. The organization seeks to bridge gaps and create opportunities for underrepresented groups in the real estate sector.

Is Real Estate Executive Council Foundation legitimate?

Real Estate Executive Council Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Estate Executive 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Real Estate Executive Council Foundation?

The Real Estate Executive Council Foundation's mission is centered around enhancing business conditions within the real estate industry. They strive to achieve this by fostering the inclusion of minorities and minority-owned companies. Their primary objective is to encourage and facilitate the integration of diverse talent into careers in commercial real estate. This is accomplished through various means such as education, advocacy, networking, mentorship, and providing financial assistance in the form of scholarships, fellowships, or tuition aid.

What is the revenue of Real Estate Executive Council Foundation?

Real Estate Executive Council Foundation's revenue in 2023 was $429,991.

Who are the executives of Real Estate Executive Council Foundation and what are their salaries?

Here are 13 key members and their salaries:


Jeffrey Beckham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle D Bolden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Hatten Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Baker Chambers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James H Simmons Iii (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy K Jones (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland S Merchant Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda G Strong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Tredway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela M West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory M Weston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie L Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Mcintyre (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Real Estate Executive Council Foundation?

Real Estate Executive Council Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Real Estate Executive Council Foundation

The Real Estate Executive Council Foundation is an organization dedicated to enhancing business conditions within the real estate industry. One of its primary objectives is to encourage the full participation of minorities and minority-owned companies. By promoting diverse talent, the foundation aims to facilitate entry and advancement in commercial real estate careers. This is achieved through various means, including education, advocacy, networking, mentorship, and financial support in the form of scholarships, fellowships, or tuition assistance. The purpose of the Real Estate Executive Council Foundation is to foster a more inclusive and diverse workforce within the real estate industry.

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Impact




July, 2024

The Real Estate Executive Council Foundation aims to improve business conditions in the real estate industry by promoting the full participation of minorities and minority-owned companies. Through education, advocacy, networking, mentorship, and financial support in the form of scholarships and fellowships, the organization works to bring diverse talent into and through careers in commercial real estate. Their impact lies in fostering diversity and inclusion within the real estate sector, ultimately benefiting both individuals and the industry as a whole.




This information is meant to be a general summary of Real Estate Executive 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.

Revenue
$429,991 (2023)
Expenses
$527,316 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $22,500
  • Gross Receipts: $429,991

Assets and Liabilities:

  • Total Assets: $159,200
  • Total Liabilities: $1,000
  • Net Assets: $158,200

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$22,500

Organization Details

Founding Year

2020

Principal Officer

Jeffrey Beckham

NTEE Category

Code: S47 - Community improvement

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