Real Estate Recovery Mission
- Assets
- $260.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alhambra, CA
- Founding
- 08/2010
- Data as of
- 12/2019
- EIN
- 26-3763022
Organization Overview
Real Estate Recovery Mission is located in Alhambra, CA. The organization was established in 2010. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Recovery Mission 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 12/2019, Real Estate Recovery Mission generated $69.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $67.6k during the year ending 12/2019. While expenses have increased by 9.8% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
WE DID REHABBED SEVERAL REO PROPERTIES TO BENEFIT OUR MISSION PROGRAM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tadeusz Sikora Director | 30 | $36,000 | |
Ginny Lin Secretary | 10 | $0 | |
John Magana Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $68,956 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,956 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $17,000 |
| Occupancy, rent, utilities, and maintenance | $5,900 |
| Printing, publications, postage, and shipping | $600 |
| Other expenses | $8,060 |
| Total expenses | $67,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,400 |
| Other assets | $0 |
| Total assets | $260,400 |
| Total liabilities | $130,300 |
| Net assets or fund balances | $130,100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Real Estate Recovery Mission has recieved totaling $43,021.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $43,010 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Primavera Foundation Inc Tucson, AZ | $17,866,419 | $11,969,146 |
Corporation For Better Housing Woodland Hills, CA | $296,535,247 | $11,913,598 |
Heritage Housing Partners Pasadena, CA | $46,963,988 | $3,328,873 |
Habitat For Humanity International Inc Fairfield, CA | $2,927,144 | $1,679,465 |
Rebuilding Together Sacramento Sacramento, CA | $605,075 | $1,258,303 |
Oakland Community Land Trust Oakland, CA | $15,577,472 | $4,458,347 |
Rebuilding Together Oakland Oakland, CA | $294,014 | $544,113 |
Esperanza-39th Street Partners Corporation Los Angeles, CA | $1,434,255 | $357,264 |
Los Angeles Communities Advocating For Unity Social Justice & Action Montebello, CA | $90,519 | $242,052 |
Sullivan Senior Housing Inc Portland, OR | $2,127,510 | $201,448 |
Rebuilding Together Of The City Of Angels Studio City, CA | $142,680 | $405,025 |
Access Community Housing Inc El Segundo, CA | $4,260,698 | $197,789 |