The Real Estate Council Of Austin

Organization Overview

The Real Estate Council Of Austin is located in Austin, TX. The organization was established in 1992. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Real Estate Council Of Austin employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Council Of Austin is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Real Estate Council Of Austin generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 3.7% 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.

Since 2015, Real Estate Council Of Austin has awarded 12 individual grants totaling $355,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

REPRESENTS INTERESTS OF REAL ESTATE INDUSTRY IN CENTRAL TEXAS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MET WITH ELECTED OFFICIALS AND STAFF OF GOVERNMENT ENTITIES TO PROMOTE AND DISCUSS LOCAL LEGISLATON AFFECTING THE COMMERICAL REAL ESTATE INDUSTRY


HELD MONTHLY MEMBERSHIP MEETINGS TO EDUCATE AND UPDATE MEMBERS ON DEVELOPMENTS IN THE LOCAL COMMUNITY. MEETINGS INCLUDED GUEST SPEAKERS AND HAD AN AVERAGE ATTENDANCE OF 274 MEMBERS.


HELD THREE MAJOR EVENTS: KNOCK OUT NIGHT, GOLF TOURNAMENT & TOP GOLF CHARITY


SUPPORT / OPPOSE LOCAL GOVERNMENT INTIATIVES


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Board, Officers & Key Employees

Name (title)Compensation
Dianne Bangle
CEO
$250,819
Chris Randazzo
Chair-Elect
$0
Tyler Grooms
Vice-Chair
$0
Rich Leisy
Vice-Chair
$0
Aan Coleman
Chair
$0
Peter Cesaro
Immediate Past Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Red Velvet Events
Event Planners
$140,343
Jw Marriott Austin
Venue
$354,047
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$676,969
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$27,908
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$704,877
Total Program Service Revenue$756,487
Investment income $1,754
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $625
Net Income from Fundraising Events $6,914
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,470,657

Grants Awarded

Over the last fiscal year, The Real Estate Council Of Austin has awarded $55,000 in support to 3 organizations.

Grant RecipientAmount

REAL ESTATE COUNCIL OF AUSTIN ADVANCING DEMOCRACY PAC

PURPOSE: OPERATIONAL SUPPORT

$25,000

OPPORTUNITY AUSTIN

Org PageRecipient Profile

Austin, TX

PURPOSE: OPERATIONAL SUPPORT

$20,000

THE OTHER ONES FOUNDATION

Org PageRecipient Profile

Austin, TX

PURPOSE: OPERATIONAL SUPPORT

$10,000
View Grant Profile

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