Nonprofit · EIN 56-2035757
COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC
Tax-exempt · GREENSBORO, NC 27401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,853 | $59,045 | -$48,192 | $1,220,767 | $77,264 | $1,143,503 |
| December 31, 2023 | 990 | $9,804 | $2,055,391 | -$2,045,587 | $1,265,004 | $73,309 | $1,191,695 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $10,853
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,966
- Accounting fees
- $1,365
- Depreciation
- $48,698
- Program services (functional)
- $53,714
- Management and general (functional)
- $5,331
Balance sheet and other
- Total assets, start of year
- $1,265,004
- Total assets, end of year
- $1,220,767
- Total liabilities, end of year
- $77,264
- Net assets, end of year
- $1,143,503
- Land, buildings and equipment
- $963,047
- Net assets with donor restrictions
- $1,143,503
- Gross receipts
- $10,853
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1997
- State of legal domicile
- NC
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| H WALKER SANDERS | VP & SECRETARY Trustee or director, Officer | 2 | $0 | $278,699 | $31,636 |
| MARCI PEACE | TREASURER Trustee or director, Officer | 2 | $0 | $168,234 | $20,809 |
| LOWELL EASTER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| CHESTER H BROWN JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| MARC ISAACSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| SAM SIMPSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| KEN MAYER | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| DAGNEY PROCTER | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| UMA AVVA | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| H WALKER SANDERS | VP & SECRETARY Trustee or director, Officer | 2 | $0 | $273,268 | $29,355 |
| MARCI PEACE | TREASURER Trustee or director, Officer | 2 | $0 | $153,113 | $18,132 |
| CHESTER H BROWN JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| LOWELL EASTER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARC ISAACSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| ALBERT S LINEBERRY JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| ANN LINEWEAVER | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| SAM SIMPSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| UMA AVVA | EX-OFFICIO DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAGNEY PROCTER | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 N ELM ST STE 100, GREENSBORO, NC 27401-2188
- In care of
- % CFO
- Principal officer (990 for 2024)
- BRIAN GRAHAM, 301 N ELM STREET 100, GREENSBORO, NC 27401
- Signed the 990
- BRIAN GRAHAM, CFO
- Phone
- (336) 379-9100
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
THE FUND SERVES AS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO TO ADMINISTER CHARITABLE FUNDS RELATING TO REAL PROPERTY.
Program accomplishments
- THE COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND ADMINISTERS CHARITABLE GIFTS AND FUNDS THAT INVOLVE HOLDING OR MANAGING REAL ESTATE, ON BEHALF OF THE COMMUNITY FOUNDATION OF GREATER GREENSBORO.Expenses $53,714
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2035757
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $1,220,767
- Income (IRS master file)
- $10,853
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,853 | $59,045 | $1,220,767 | IRS |
| 990 | December 2023 | $9,804 | $2,055,391 | $1,265,004 | XML |
| 990 | December 2022 | $2,003,685 | $57,122 | $3,303,046 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-2035757).
Questions about COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC
- What is the EIN of COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC?
- The employer identification number (EIN) of COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC is 56-2035757.
- Is COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC?
- The 990 for the year ended December 31, 2024 names BRIAN GRAHAM.
- Who are the officers and directors of COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,853, expenses of $59,045 and total assets of $1,220,767 at year end.
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