THE REAL ESTATE COUNCIL INC Charity Report

Public IRS 990 nonprofit record

THE REAL ESTATE COUNCIL INC

EIN 75-2342376 · Professional Athletic Leagues (N80)

What they do

TRECS MISSION is to CULTIVATE RELATIONSHIPS IN THE COMMERCIAL REAL ESTATE INDUSTRY to CATALYZE COMMUNITY INVESTMENT, INFLUENCE POLICY, PROPEL CAREERS and DEVELOP THE LEADERS of TOMORROW.WE BELIEVE RELATIONSHIPS ARE THE LIFEBLOOD of CAREER SUCCESS, CIVIC RESPONSIBILITY and COMMUNITY INVESTMENT.

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We do not have enough spending detail

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$103.61spent for every $100 of revenueSpending was higher than revenue this year.

$0.77in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $60,436 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $180,276 for JENNIFER SCHMIEL (SENIOR DIRECTOR). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,673,274

Expenses$1,733,710

Annual shortfall $60,436 Expenses were higher than revenue for this filing year.

See all reported dollar amounts

Revenue$1,673,274

Expenses$1,733,710

Assets$1,332,679

Income$1,674,521

Contributions$100

Accounting fees$17,190

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER SCHMIELSENIOR DIRECTOR · 40 hrs/week $180,276Base $174,165 · Other $6,111

SUMMER LOVELANDCFO/COO · 12 hrs/week $111,176Base $87,834 · Other $23,342

AMY STOVALLSENIOR DIRECTOR · 17 hrs/week $68,478Base $43,244 · Other $25,234

LINDA MCMAHONCEO/PRESIDENT (UNTIL 6/30/24) · 8 hrs/week $55,987Base $47,517 · Other $8,470

JAMEE JOLLYCEO/PRESIDENT · 8 hrs/week $16,182Base $14,525 · Other $1,657

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

JENNIFER SCHMIELSENIOR DIRECTOR

SUMMER LOVELANDCFO/COO

AMY STOVALLSENIOR DIRECTOR

LINDA MCMAHONCEO/PRESIDENT (UNTIL 6/30/24)

JAMEE JOLLYCEO/PRESIDENT

RICK PERDUEBOARD MEMBER

KENNAN KOLENDOBOARD MEMBER

KITTY HENRYSECRETARY

KRIS LOWEBOARD MEMBER

LEE SMALLBOARD MEMBER

MARSHAL HESSBOARD MEMBER

MATT BRYARLYBOARD MEMBER

MICHAEL BLACKWELLBOARD MEMBER

MIKE GEISLERCHAIR

PATRICK TODDBOARD MEMBER

JUSTIN GOERTZBOARD MEMBER

ROB BENNETTBOARD MEMBER

ROB BOWLBYBOARD MEMBER

SCOTT ROHRMANBOARD MEMBER

STAN MULLIKINBOARD MEMBER

STEVE ALDRICHBOARD MEMBER

TIM DISMONDBOARD MEMBER (UNTIL 3/25/24)

TORREY LITTLEJOHNBOARD MEMBER

TREY MORSBACHPAST CHAIRMAN

WILLIAM BROKAWBOARD MEMBER

JAIME KELLEYBOARD MEMBER

ALLISON FRIZZOBOARD MEMBER

CRAIG WILSONBOARD MEMBER

DANIEL TAYLORBOARD MEMBER

DARCY BARNESBOARD MEMBER

ERIC KRUEGERBOARD MEMBER

FRANK MIHALOPOULOSBOARD MEMBER

HECTOR SANCHEZBOARD MEMBER

HEIDI BARATHTREASURER

HOLDEN LUNSFORDBOARD MEMBER

HUNTER LEEBOARD MEMBER

KATY SLADEBOARD MEMBER

JAMES RAYBOARD MEMBER

JEFF MATTHEWSBOARD MEMBER

JEFF MONTGOMERYBOARD MEMBER

JEREMY MCGOWNBOARD MEMBER

JIM REYNOLDSBOARD MEMBER

JOHN ADOLPHBOARD MEMBER

JOHN BAILEYBOARD MEMBER

JOSEPH CAHOONBOARD MEMBER

AARON LOCKEBOARD MEMBER

KATHY PERMENTERBOARD MEMBER

About this charity

Recognized since: January 1991
Location: 3100 MCKINNON ST STE 1150, DALLAS, TX 75201-1104
County: Dallas
In care of: % CARLA BRANDT
Primary officer: JAMEE JOLLY, CEO/PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(214) 692-3600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues