REAL ESTATE COUNCIL COMMUNITY FUND | TREC COMMUNITY INVESTORS

DALLAS, TX | Dallas County
Economic Development

Overview

REAL ESTATE COUNCIL COMMUNITY FUND | TREC COMMUNITY INVESTORS
80-0718545
3100 MCKINNON ST STE 1150
DALLAS, TX 75201
Dallas County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
P20

P - Human Services

Human Service Organizations

Organizations that provide a broad range of social services for individuals or families. Use this code for multiservice organizations such as Lutheran Social Services, Catholic Social Services and other community service organizations not specified below that provide a variety of services from throughout the P section or services from the P section in combination with services described in other sections (e.g., an organization that provides family counseling, substance abuse services, employment assistance and services for at - risk youth).

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624190
Other Individual and Family Services

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
Not Available
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2018 $500,000 CDFI Financial Assistance open_in_new TREC Community Investors
2021 $1,200,000 CDFI Rapid Response Program (COVID-19) open_in_new TREC Community Investors
2016 $125,000 CDFI Technical Assistance open_in_new TREC Community Investors
2019 $125,000 CDFI Technical Assistance open_in_new TREC Community Investors

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.2M
Revenue
$2.2M
Assets
$12.2M

IRS Business Master File Details info

As of November 2022 Update
Exempt Ruling Date info
2014-06
Deductibility Status info
Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of April 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

Nonprofit Location

Physical Address info
3100 MCKINNON ST STE 1150
DALLAS, TX 75201
Dallas County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
19124
MSA/MD info
48
State info
113
County info
0019.01
Tract info
Upper
Income Level info
Core-Based Statistical Area info
19100 - Dallas-Fort Worth-Arlington, TX
Combined Statistical Area info
206 - Dallas-Fort Worth, TX-OK
Metropolitan Division info
19124 - Dallas-Plano-Irving, TX
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 23.62%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0019.01 Dallas County
Population
Total Population 4,064 2,604,722
Total Households 2,540 947,046
Income
Median Family Income (Census*) $141,997 $65,011
Median Family Income (2022 FFIEC est.) $97,400 $97,400
Tract Income Percentage 160.78% N/A
Below Poverty Level 13.8% 14.2%
Unemployment Level 0.6% 5.2%
Housing
Total Housing Units 2,821 1,028,817
Total Owner-Occupied Units 11.4% 50.5%
Total Renter-Occupied Units 78.6% 49.5%
Total Vacant Units 10.0% 9.2%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

23
Total Voting Members
in Governing Body
info
23
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Linda McMahon
(214) 692-3603
Principal Officer info
Linda McMahon
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.