EIN 85-2523353

Charlottesville Area Association of Realtors Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2022-12-01
Description
Realtor-founded Foundation in Charlottesville that donates time and resources towards local community initiatives, through events and sponsorships.
Total revenues
$98,980
2022
Total expenses
$17,341
2022
Total assets
$147,661
2022
Num. employees
0
2022

Program areas at Charlottesville Area Association of Realtors Foundation

Activity 1 a.good neighbor award b.realtors volunteer in the local community (city of Charlottesville; counties of albemarle, greene, fluvanna, louisa, and nelson) c.nominees conduct volunteer activities within the greater Charlottesville community; nominations are submitted online; awards are presented by the caar Foundation at events hosted by the Charlottesville Area Association of Realtors d.biannual e.award submission is free f.10% of the Foundation's time - marketing & promotion; decision making & applicant review processes g.raising awareness of Realtors supporting local non-profits by volunteering in the greater Charlottesville Area
A.charitable golf tournament b.realtors and members of the public c.golf course in the greater Charlottesville Area d.annually e.35% of the registration fee will be a contribution to the Foundation; 65% of the registration fee will cover venues expenses; additional hard costs will be covered by sponsorships (food & beverage, prizes, marketing) f.30% of the Foundation's time - marketing & promotion; planning meetings; execution of the event g.raising funds that will allow the Foundation to offer financial support for affordable housing needs & initiatives (see specific information in activity 2)
A.general participation and sponsorship of charitable community events b.realtors c.greater Charlottesville community d.up to 10 times per year e.none f.25% of the Foundation's time - marketing & promotion; planning meetings; participation at events g.raising awareness amongst members of the public about: i.realtors supporting local non-profits through volunteerism in and financial contributions to the greater Charlottesville Area non-profits including blue ridge Area food bank ii.realtors supporting affordable housing opportunities by partnership with and financial contributions to habitat for humanity of greater Charlottesville, albemarle housing improvement program, and community land trust iii.realtors supporting disaster relief services in local communities through financial contributions to the american red cross and the Virginia Realtors disaster relief fund iv.realtors supporting annual housing symposium hosted by the thomas jefferson planning district commission (regional housing partnership)
Activity 4 a.silent auction & reception b.realtors and members of the public c.hillsdale conference center d.annually e.65% of the registration fee will be a contribution to Foundation; 35% of the registration fee will cover event expenses; additional hard costs will be covered by sponsorships (food & beverage, prizes, marketing) f.30% of the Foundation's time - marketing & promotion; planning meetings; execution of the event g.raising funds that will allow the Foundation to offer financial support for affordable housing needs & initiatives (see specific information in activity 2) activity 5 a.introduction to home ownership seminars b.members of the public; subject matter experts such as lenders, local non-profits c.hillsdale conference center d.quarterly e.free f.5% of the Foundation's time - marketing & promotion; planning meetings; conducting seminars g.raising awareness of affordable housing opportunities; educating first- time home buyers about how to become a homeowner and continued homeownership responsibilities

Who funds Charlottesville Area Association of Realtors Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Association of RealtorsGeneral Support$25,000

Personnel at Charlottesville Area Association of Realtors Foundation

NameTitleCompensation
Abby TammenSecretary$0
John SeidlerChairman$0
Jack CrockerTreasurer$0
Tammy WiltVice Chairman$0

Financials for Charlottesville Area Association of Realtors Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$96,001
Program services$0
Investment income and dividends$398
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,581
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$98,980

Form 990s for Charlottesville Area Association of Realtors Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
Data update history
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 4, 2023
Updated personnel
Identified 10 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsBusiness and community development organizationsReal estate organizationsCharities
Issues
Business and industry
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
550 Hillsdale Dr
Charlottesville, VA 22901
Metro area
Charlottesville, VA
County
Albemarle County, VA
IRS details
EIN
85-2523353
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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