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EIN 86-3587854

Real Estate Executive Council Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
S47: Real Estate Organizations
Description
The Real Estate Executive Council Foundation aims to enhance the Real Estate industry by promoting full inclusion of minorities and minority-owned businesses. The organization strives to foster diverse talent and support career growth in Commercial Real Estate through educational initiatives.
Total revenues
$429,991
2023
Total expenses
$527,316
2023
Total assets
$61,875
2023
Num. employees
0
2023

Program areas at Real Estate Executive Council Foundation

To improve business conditions in the Real Estate industry by bringing full participation of minorities and minority owned companies.

Who funds Real Estate Executive Council Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$30,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$25,000
American Endowment FoundationGeneral Operating Support$15,000

Personnel at Real Estate Executive Council Foundation

NameTitleCompensation
Ken McIntyrePresident$0
Tammy K JonesBoard Chair$0
James H SimmonsBoard Vice Chair$0

Financials for Real Estate Executive Council Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$407,491
Program services$22,500
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$429,991

Form 990s for Real Estate Executive Council Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-09990View PDF
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 3, 2023
Updated personnel
Identified 13 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsReal estate organizationsCharities
Issues
Education
Characteristics
Receives government fundingTax deductible donationsNo full-time employees
General information
Address
330 N Wabash Ave 23rd Floor
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(312) 625-1265
IRS details
EIN
86-3587854
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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