Form 990 for tax year 2024
Filed by REAL ESTATE EXECUTIVE COUNCIL FOUNDATION.
Totals
- Total revenue
- $290,485
- Total expenses
- $267,251
- Contributions and grants received
- $290,485
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $85,109
- Total liabilities, end of year
- -$89,000
- Net assets or fund balances, end of year
- $174,109
- Program services expenses (Part IX)
- $267,251
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$290,485
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $251 · program services $251
-
11c · Fees: accounting
total $7,000 · program services $7,000
-
22 · Depreciation, depletion and amortization
total $0
-
24a · Other expenses: TRANSFERS AS FIDUCIARY
total $260,000 · program services $260,000
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,875 · end of year $70,109
-
4 · Accounts receivable
beginning of year $40,000 · end of year $15,000
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,000 · end of year -$99,000
-
25 · Other liabilities
end of year $10,000
Mission and programs · 2024
Mission
SEE SCHEDULE O
-
TO IMPROVE BUSINESS CONDITIONS IN THE REAL ESTATE INDUSTRY BY BRINGING FULL PARTICIPATION OF MINORITIES AND MINORITY OWNED COMPANIES.
As filed on the 2024 return.
Listed in Part VII
-
Jeffrey BeckhamJEFFREY BECKHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kyle D BoldenKYLE D BOLDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gwendolyn Hatten ButlerGWENDOLYN HATTEN BUTLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Gina Baker ChambersGINA BAKER CHAMBERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
James H Simmons IIIJAMES H SIMMONS III
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy K JonesTAMMY K JONES
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Roland S Merchant JrROLAND S MERCHANT JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda G StrongAMANDA G STRONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chad TredwayCHAD TREDWAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pamela M WestPAMELA M WEST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gregory M WestonGREGORY M WESTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie L WilliamsSTEPHANIE L WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ken McIntyreKEN MCINTYRE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20 + 30 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349315511
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