Royal Palm Coast Realtor Association Housing Foundation Inc
- Assets
- $354.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 27-0440391
Organization Overview
Royal Palm Coast Realtor Association Housing Foundation Inc is located in Fort Myers, FL. The organization was established in 2010. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Royal Palm Coast Realtor Association Housing Foundation 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 12/2022, Royal Palm Coast Realtor Association Housing Foundation Inc generated $134.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 74.8% each year . All expenses for the organization totaled $22.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FOUNDATION IS TO ADMINISTER AND OPERATE EXCLUSIVELY TO RECEIVE, ADMINISTER AND EXPEND FUNDS FOR THE FOLLOWING CHARITABLE AND EDUCATIONAL PURPOSES. - TO MAKE GRANTS AND OTHERWISE FACILITATE THE ABILITY OF ATTAINABLE/AFFORDABLE SERVICE WORKERS, PUBLIC SAFETY WORKERS, MEDICAL SUPPORT WORKERS, AND OTHERS WHO DESIRE TO LIVE AND WORK WITHIN THE ASSOCIATION'S GEOGRAPHICAL BOUNDARIES, TO PURCHASE HOMES IN SOUTHWEST FLORIDA. - TO PROVIDE EDUCATIONAL PROGRAMS FOR REAL ESTATE AGENTS AND BROKERS AND THE GENERAL PUBLIC. - TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS IN SOUTHWEST FLORIDA WHO HAVE BEEN VICTIMS OF HURRICANES AND NATURAL DISASTERS. - TO ASSIST, BY GRANTS AND OTHERWISE, OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE CONDUCT OF SIMILAR ACTIVITIES; AND - TO ENGAGE IN ALL LAWFUL ACTIVITIES TO ACCOMPLISH THE FOREGOING PURPOSES EXCEPT AS RESTRICTED UNDER THEIR ARTICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beate Jones CEO | 1 | $0 | |
Albert Giacalone III Trustee | 1 | $0 | |
James Maginness Trustee | 1 | $0 | |
Cynthia Shafer Treasurer | 1 | $0 | |
Cecilia Sculthorpe Secretary | 1 | $0 | |
Ellie Benda Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,647 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,787 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,692 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,751 |
| Total expenses | $22,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $354,303 |
| Other assets | $0 |
| Total assets | $354,553 |
| Total liabilities | $13,943 |
| Net assets or fund balances | $340,610 |