EIN 80-0718545

TREC Community Investors (TREC CI)

IRS 501(c) type
501(c)(3)
Num. employees
6
City
State
Year formed
2011
Most recent tax filings
2023-12-01
Description
TREC CI invests in underserved communities with flexible capital and real estate expertise to create lasting impacts through housing and education.
Also known as...
The Real Estate Council Community Fund
Total revenues
$3,169,420
2023
Total expenses
$2,984,142
2023
Total assets
$9,708,983
2023
Num. employees
6
2023

Program areas at TREC CI

Neighborhood revitalization: Trec ci partners with other Community organizations to focus on job and wealth creation and Community ownership and leadership opportunities in low to moderate income communities.
Education: Trec ci offers targeted learning opportunities for those in the Community who want to expand their knowledge of real estate. Participants are selected through an application process. In addition, Trec ci invests in and makes grants to organizations who are in education, such as schools, as well as invests in educational projects.
Housing: Trec ci provides funding for renovation of multifamily properties, home improvement projects; provides professional services and volunteer support as well as grants for rehabilitation projects, and plays a role in the establishment of a Community land trust.

Who funds TREC Community Investors (TREC CI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Trec Special EventsGeneral Support$571,958
Impact Dallas CapitalGeneral Support$300,000
Constantin FoundationTo Support Dallas Catalyst Project 2.0$50,000
...and 5 more grants received

Personnel at TREC CI

NameTitleCompensation
Linda McMahonChief Executive Officer and President$222,475
Summer LovelandChief Financial Officer$132,546
Amy StovallSenior Director of Communications and Brand
Felicia PiersonSenior Director of Community Investment$134,627
Mekdes YaeDirector of Accounting
...and 12 more key personnel

Financials for TREC CI

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,210,503
Program services$650,663
Investment income and dividends$296,041
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,557
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$15,770
Total revenues$3,169,420

Form 990s for TREC CI

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-29990View PDF
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 7 more Form 990s
Data update history
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $26,699 from Communities Foundation of Texas
February 3, 2024
Received grants
Identified 2 new grant, including a grant for $571,958 from Trec Special Events
January 31, 2024
Updated personnel
Identified 7 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Community engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
3100 Mckinnon St #1150
Dallas, TX 75201
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Website URL
treccommunityinvestors.org/ 
Phone
(214) 692-3600
IRS details
EIN
80-0718545
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L03: Housing and Shelter Professional Societies and Associations
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Central organization
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