Real Estate Education And Communityhousing Inc

Organization Overview

Real Estate Education And Communityhousing Inc is located in Palm Beach Gardens, FL. The organization was established in 2007. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Real Estate Education And Communityhousing Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Education And Communityhousing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Real Estate Education And Communityhousing Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A HUD APPROVED FORECLOSURE AND HOUSING COUNSELING AND HOMEFREE USA AFFILIATE ORGANIZATION WHOSE MISSION IS TO INSPIRE AND MOTIVATE THE LOW TO MODERATE INCOME MEMBERS TO REACH FOR AN TAKE THE STEPS REQUIRED TO ACHIEVE HOME OWNERSHIP, OR STAY OFF FORECLOSURES ACTIONS THROUGH EDUCATION AND GUIDANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MORTGAGE ACQUISITION AND FORECLOSURE ASSISTANCE TO LOW TO MODERATE INCOME FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Tracey
Pres
$99,000
Detra Smith
Key Employee
$65,000
Gary Bellfleur
Key Emp
$62,000
Laurie Adams
Key Emp
$35,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$914
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$914
Total Program Service Revenue$1,438,015
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,438,929

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Real Estate Education And Communityhousing Inc has recieved totaling $53,977.

Awarding OrganizationAmount
Homefree Usa Inc

Landover, MD

|

$39,175
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$14,750
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$52
View Grant Recipient Profile

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