Realtor Foundation Of Iowa
- Assets
- $408.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 42-1323436
Organization Overview
Realtor Foundation Of Iowa is located in West Des Moines, IA. The organization was established in 1989. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Realtor Foundation Of Iowa 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, Realtor Foundation Of Iowa generated $77.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $37.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE REAL ESTATE INDUSTRY.
Describe the Organization's Program Activity:
Part 3
DERECHO RELIEF- GRANTS AWARDED TO THE PUBLIC FOR PAYMENTS UP TO $1,000 PER HOUSEHOLD FOR PEOPLE WHO WERE EFFECTED BY THE STORM.
PROJECT JACK: ORIGINATING IN THE QUAD CITIES AREA IN MEMORY OF JACK LINDAMAN, THE PROJECT GIVES 4TH AND 5TH GRADERS THE OPPORTUNITY TO PAY IT FORWARD IN ANY WAY THE CLASS CHOOSES. THERE WERE NOT ANY STIPULATIONS GIVEN OR RULES TO FOLLOW ON HOW TO USE THE MONEY. PROJECTS RANGED FROM DONATIONS TO CHARITABLE ORGANIZATIONS TO PASSING OUT ROSES TO STRANGERS. THE PROJECT HAS CHANGED AS WE HAVE ROLLED IT OUT ACROSS THE STATE OF IOWA. 4TH AND 5TH-GRADE TEACHERS ARE INVITED TO FILL OUT AN APPLICATION FOR A $250 GRANT TO BE USED TOWARD A PAY-IT-FORWARD TYPE PROJECT.
SUPPORT FOR HOUSING AND OTHER PROGRAMS - SUPPORT FOR PROGRAMS ACROSS THE STATE OF IOWA FOR AFFORDABLE HOUSING, AND FOR PROGRAMS THAT HELP KEEP IOWA AN ATTRACTIVE PLACE TO LIVE. DURING 2020, THE FOUNDATION PROVIDED SUPPORT TO 22 ORGANIZATIONS/PROGRAMS.
SCHOLARSHIPS AND OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Burge Director | 0 | $0 | |
Marion Sharp Director | 0 | $0 | |
Michele East Director | 0 | $0 | |
Gerald Sorensen Director | 0 | $0 | |
Jennifer J Stanbrough Director | 0 | $0 | |
Robert Hackney Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,496 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,034 |
| Gain or Loss | $19,178 |
| Net Income from Gaming & Fundraising | -$1,054 |
| Other Revenue | $0 |
| Total Revenue | $77,654 |
| 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 | $1,460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,835 |
| Total expenses | $37,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,821 |
| Other assets | $0 |
| Total assets | $407,961 |
| Total liabilities | $11,451 |
| Net assets or fund balances | $396,510 |
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