EIN 36-3746120

Chicago Association of REALTORS Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2023-09-01
Description
A philanthropic organization that provides education and scholarships for REALTORS in Chicago to enhance their business and foster careers.
Related structure
Chicago Association of REALTORS Educational Foundation is a subordinate organization under Chicago Association of REALTORS.
Total revenues
$266,661
2023
Total expenses
$228,214
2023
Total assets
$1,249,410
2023
Num. employees
0
2023

Program areas at Chicago Association of REALTORS Educational Foundation

THE FOUNDATION PROVIDES SCHOLARSHIPS TO ASSIST REALTORS AND THEIR FAMILIES IN MEETING THEIR REAL ESTATE EDUCATIONAL GOALS. THESE FUNDS ARE INTENDED TO HELP QUALIFIED REALTORS AND STUDENTS PURSUE AN EDUCATION, DESIGNATION, OR CERTIFICATION THAT WILL LEAD THEM INTO PRODUCTIVE CAREERS IN THE REAL ESTATE INDUSTRY. THE FOUNDATION ALSO HOSTS VARIOUS INDUSTRY RECOGNITION EVENTS. In addition, the Foundation provides grants to organizations recognized by the IRS as 501(c)(3) organizations for philanthropic purposes.

Grants made by Chicago Association of REALTORS Educational Foundation

GranteeGrant descriptionAmount
Covenant House IllinoisComprehensive Support & Residential Care for Homeless Youth$15,000
Ada S. Mckinley Community ServicesPrograms To Strengthen the Community$10,000
Chicago Rehab NetworkAffordable Housing Efforts$10,000
...and 4 more grants made

Who funds Chicago Association of REALTORS Educational Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Chicago Association of REALTORSReal Estate Education, Help Fighting Homelessness, & Other Charitable Endeavors$18,850

Personnel at Chicago Association of REALTORS Educational Foundation

NameTitleCompensation
Michelle Mills ClementTop Management Official and Car Chief Executive Officer$0
Robert P SchmidtTop Financial Official$0
Megan OswaldTreasurer / Trustee$0
Samantha D PowellChairperson / Treasurer / Trustee$0
Rachel ScheidChairperson / Chairman / Treasurer and Secretary$0
...and 4 more key personnel

Financials for Chicago Association of REALTORS Educational Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$245,919
Program services$0
Investment income and dividends$27,369
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,982
Net income from fundraising events$-2,645
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$266,661

Form 990s for Chicago Association of REALTORS Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-08990View PDF
2021-092022-02-07990View PDF
2020-092021-04-12990View PDF
2019-092020-08-19990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $18,850 from Chicago Association of REALTORS
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $30,765 from Chicago Association of REALTORS
September 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Updated personnel
Identified 5 new personnel
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Funds one specific organizationProvides grantsState / local levelProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
430 N Michigan Ave 800
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicagorealtor.com/foundation/ 
Phone
(312) 803-4900
IRS details
EIN
36-3746120
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S11: Community Improvement and Capacity Building Single Organization Support
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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