Atlanta Real Estate Collaborative Inc
- Assets
- $0.0
- Revenue
- $168.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 46-3129325
Organization Overview
Atlanta Real Estate Collaborative Inc is located in Atlanta, GA. The organization was established in 2014. According to its NTEE Classification (L30) the organization is classified as: Housing Search Assistance, 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. Atlanta Real Estate Collaborative 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, Atlanta Real Estate Collaborative Inc generated $168.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $176.2k during the year ending 12/2021. While expenses have increased by 19.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS THROUGH HOUSING PLACEMENT, REAL ESTATE ACQUISITION AND DEVELOPMENT, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 2013, ATLANTA REAL ESTATE COLLABORATIVE IS A NONPROFIT FOCUSED ON TACKLING THE HOUSING AFFORDABILITY CRISIS IN METRO ATLANTA BY ACTIVATING A RANGE OF COMPREHENSIVE SOLUTIONS, INCLUDING SOCIAL IMPACT INVESTING, HOUSING PLACEMENTS, REAL ESTATE ADVISORY SERVICES, AND ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Pollack President | OfficerTrustee | 5 | $0 |
Robert Lachapelle Treasurer | OfficerTrustee | 5 | $0 |
Richard Slaton Secretary | OfficerTrustee | 5 | $0 |
Tim Schrager Board Member | Trustee | 5 | $0 |
Charles Shallat Board Member | Trustee | 5 | $0 |
Dave Loeffel Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,150 |
| Total Program Service Revenue | $0 |
| 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 | $168,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $133 |
| Fees for services: Accounting | $2,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,937 |
| Total functional expenses | $176,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Atlanta Real Estate Collaborative Inc has recieved totaling $57,250.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $19,750 |
Tim & Lauren Schrager Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Non-Profit Housing Inc Sebring, FL | $4,619,692 | $2,081,317 |
Franklin Housing Collaborative Franklin, TN | $5,842,273 | $1,198,317 |
Housing Tonight Inc Atlanta, GA | $0 | $341,734 |
Oaksatl Community Development Incorporated Atlanta, GA | $4,055,029 | $1,078,348 |
Gainesville Housing Development & Management Corp Gainesville, FL | $1,986,928 | $588,752 |
Fair Housing Center Of The Greater Palm Beaches Lantana, FL | $970,414 | $1,327,275 |
Ucc Living Center Incorporated Chapel Hill, NC | $899,428 | $311,216 |
Soque River Watershed Association Inc Clarkesville, GA | $215,852 | $191,996 |
Atlanta Real Estate Collaborative Inc Atlanta, GA | $0 | $168,150 |
Central Florida Home For Good Inc Longwood, FL | $714,466 | $504,500 |
Brookhaven Housing Corporation Columbia, SC | $520,986 | $135,153 |
National Aids Housing Coalition Inc Birmingham, AL | $59,445 | $0 |