Nonprofit · EIN 20-2197498
GREATER FORT WORTH REAL ESTATE COUNCIL INC
Tax-exempt · FORT WORTH, TX 76102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $718,667 | $706,050 | $12,617 | $399,048 | $63,094 | $335,954 |
| May 31, 2024 | 990 | $559,249 | $473,735 | $85,514 | $458,791 | $49,990 | $408,801 |
| May 31, 2023 | 990 | $484,697 | $484,342 | $355 | $336,637 | $19,143 | $317,494 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $506,367
- Investment income
- $9,848
- Net income from fundraising events
- $140,932
- Net income from gaming
- $620
- Other revenue
- $202,452
Expenses
- Grants and similar amounts paid
- $56,000
- Compensation of officers, directors and key employees
- $142,720
- Salaries, compensation and benefits (total)
- $142,720
- Professional fundraising fees
- $0
- Accounting fees
- $4,815
Balance sheet and other
- Total assets, start of year
- $458,791
- Total assets, end of year
- $399,048
- Total liabilities, end of year
- $63,094
- Net assets, end of year
- $335,954
- Gross receipts
- $854,265
- Employees
- 0
- Volunteers
- 120
- Year formed
- 2005
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN VERMAIRE FOX | EXECUTIVE DIRECTOR Officer | 38 | $142,720 |
| CARLO ANDREANI | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOT BENNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID G CAMPBELL AIA | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK DABNEY AIA NCARB | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN W GEBREN | BOARD MEMBER Trustee or director | 1 | $0 |
| DREW MARTIN | BOARD MEMBER Trustee or director | 1 | $0 |
| GINGER JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH E LANCARTE | BOARD MEMBER Trustee or director | 1 | $0 |
| MONICA LUERA | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF POSTELL | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN RUSSELL PE | BOARD MEMBER Trustee or director | 1 | $0 |
| KERBY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| CASEY TOUNGET | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM COLE | BOARD MEMBER Trustee or director | 1 | $0 |
| BOWIE HOLLAND | BOARD MEMBER Trustee or director | 1 | $0 |
| PAXTON MOTHERAL | BOARD MEMBER Trustee or director | 1 | $0 |
| ISAAC MANNING | CHAIR APPOINTMENT Trustee or director | 1 | $0 |
| RACHEL NAVEJAR PHILLIPS | CHAIR APPOINTMENT Trustee or director | 1 | $0 |
| KENNETH BARR | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| JOEL HEYDENBURK | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| TRAVIS CLEGG | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| RICK JENKINS | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended May 31, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN VERMAIRE FOX | EXECUTIVE DIRECTOR Officer | 40 | $199,206 |
| TRAVIS CLEGG | CHAIR ELECT Trustee or director, Officer | 10 | $0 |
| JOEL HEYDENBURK | CHAIRMAN Trustee or director | 1 | $0 |
| RICK JENKINS | TREASURER Trustee or director, Officer | 1 | $0 |
| CARLO ANDREANI | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOT BENNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID G CAMPBELL AIA | BOARD MEMBER Trustee or director | 1 | $0 |
| MEGGIE LOWY | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK DABNEY AIA NCARB | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN W GEBREN | BOARD MEMBER Trustee or director | 1 | $0 |
| DREW MARTIN | BOARD MEMBER Trustee or director | 1 | $0 |
| GINGER JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH E LANCARTE | BOARD MEMBER Trustee or director | 1 | $0 |
| MONICA LUERA | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN DODSON | BOARD MEMBER Trustee or director | 1 | $0 |
| RACHEL NAVEJAR PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF POSTELL | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN RUSSELL PE | BOARD MEMBER Trustee or director | 1 | $0 |
| KERBY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| CASEY TOUNGET | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDRE MCEWING | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETTH BARR | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHANIE GWIZDZ | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended May 31, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLO ANDREANI | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| KENNETH L BARR | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| SCOT BENNETT | REGIONAL DIRECTOR Trustee or director | 2 | $0 |
| MARK DABNEY AIA NCARB | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| DAVID G CAMPBELL AIA | VICE PRESIDENT Trustee or director | 2 | $0 |
| TRAVIS CLEGG | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| STEPHEN W GEBREN | MANAGING PRINCIPAL Trustee or director | 2 | $0 |
| STEPHANIE GWIZDZ | DIRECTOR OF LEASING & MARKETING Trustee or director | 2 | $0 |
| JOEL HEYDENBURK | ATTORNEY Trustee or director | 2 | $0 |
| RICK JENKINS | TREASURER Trustee or director | 2 | $0 |
| GINGER JOHNSON | VP - BUSINESS DEVELOPMENT OFFICER Trustee or director | 2 | $0 |
| SARAH LANCARTE | PRESIDENT Trustee or director | 2 | $0 |
| MEGGIE LOWY | DIRECTOR OF FINANCE Trustee or director | 2 | $0 |
| MONICA LUERA | SENIOR DIRECTOR - DEVELOPMENT Trustee or director | 2 | $0 |
| DREW MARTIN | MANAGING DIRECTOR Trustee or director | 2 | $0 |
| ANDRE MCEWING | CEO Trustee or director | 2 | $0 |
| RACHEL NAVEJAR PHILLIPS | BUSINESS DEVELOPMENT MANAGER Trustee or director | 2 | $0 |
| JEFF POSTELL | CEO Trustee or director | 2 | $0 |
| JONATHAN RUSSELL PE | OPERATIONS MANAGER, FORT WORTH Trustee or director | 2 | $0 |
| KERBY SMITH | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| CASEY TOUNGET | BROKER Trustee or director | 2 | $0 |
| JEFF WILLIAMS | PRINCIPAL Trustee or director, Officer | 4 | $0 |
| RYAN DODSON | CEO Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 777 MAIN ST STE 2100, FORT WORTH, TX 76102-5366
- In care of
- % SUSAN A HALSEY
- Principal officer (990 for 2024)
- TRAVIS CLEGG, 777 MAIN STREET 2100, FORT WORTH, TX 76102
- Signed the 990
- RICK JENKINS, TREASURER
- Phone
- (817) 480-1060
- Website
- WWW.RECOUNCILGFW.COM
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
THE REAL ESTATE COUNCIL OF GREATER FORT WORTH (REC OF GFW) IS THE UNIFIED VOICE FOR THE COMMERCIAL REAL ESTATE INDUSTRY - INFLUENCING ACTION AND SUPPORTING CHANGE TO ACCOMPLISH LONG-TERM JOB GROWTH AND AN ENHANCED QUALITY OF LIFE IN OUR REGION.
Program accomplishments
- NETWORKING AND EDUCATIONAL EVENTS REACHING OVER 600 PEOPLE ANNUALLY WITH INFORMATION ABOUT THE FUTURE OF THE INDUSTRY, NETWORKING OPPORTUNITIES, AND CHANCES FOR MEMBERS TO HELP EFFECT POSITIVE CHANGE WHILE HONORING THIS YEAR'S ACCOMPLISHMENTS.
- THE YOUNG LEADERS COUNCIL GATHERS YOUNG COMMERCIAL REAL ESTATE PROFESSIONALS TO INCREASE NETWORKING, PROVIDES MENTORING OPPORTUNITIES FROM SOME OF THE BEST-KNOWN AND MOST EXPERIENCED LEADERS ON THE FOREFRONT OF TARRANT COUNTY REAL ESTATE, PROVIDES EDUCATIONALOPPORTUNITIES, AND ASSISTS THE REAL ESTATE COUNCIL WITH COMMUNITY OUTREACH.
- WE HELD GENERAL MEETINGS, FIRESIDE CHATS, COMMITTEE MEETINGS AND BOARD MEETINGS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2197498
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $399,048
- Income (IRS master file)
- $854,265
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $718,667 | $706,050 | $399,048 | XML |
| 990 | May 2024 | $559,249 | $473,735 | $458,791 | XML |
| 990 | May 2023 | $484,697 | $484,342 | $336,637 | XML |
| 990 | May 2022 | $411,364 | $438,082 | $410,331 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2197498).
Questions about GREATER FORT WORTH REAL ESTATE COUNCIL INC
- What is the EIN of GREATER FORT WORTH REAL ESTATE COUNCIL INC?
- The employer identification number (EIN) of GREATER FORT WORTH REAL ESTATE COUNCIL INC is 20-2197498.
- Is GREATER FORT WORTH REAL ESTATE COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
- Are donations to GREATER FORT WORTH REAL ESTATE COUNCIL INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER FORT WORTH REAL ESTATE COUNCIL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER FORT WORTH REAL ESTATE COUNCIL INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER FORT WORTH REAL ESTATE COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of GREATER FORT WORTH REAL ESTATE COUNCIL INC?
- The 990 for the year ended May 31, 2025 names TRAVIS CLEGG.
- Who are the officers and directors of GREATER FORT WORTH REAL ESTATE COUNCIL INC?
- The 990 for the year ended May 31, 2025 lists 24 people; 1 received compensation from the organization, the highest $142,720 (KAREN VERMAIRE FOX, EXECUTIVE DIRECTOR).
- How much revenue does GREATER FORT WORTH REAL ESTATE COUNCIL INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $718,667, expenses of $706,050 and total assets of $399,048 at year end.
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