REAL ESTATE COUNCIL COMMUNITY FUND
3100 McKinnon Street Suite 11, Dallas, TX 75201 www.recouncil.com

Total Revenue
$6,465,950
Total Expenses
$2,349,577
Net Assets
$5,796,395

Organizations Filed Purposes: TO PROMOTE ECONOMIC JUSTICE BY PROVIDING LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT ORGANIZATIONS AND FOR PROFIT DEVELOPERS THAT SERVE LOW AND VERY LOW INCOME INDIVIDUALS, SPECIFICALLY IN THOSE AREAS WITH A POVERTY RATE OF AT LEAST 20%, AN UNEMPLOYMENT RATE 1.5 TIMES HIGHER THAN THE NATIONAL AVERAGE OR A MEDIAN FAMILY INCOME (MFI) AT OR BELOW 80% OF THE METROPOLITAN OR NATIONAL METROPOLITAN MFI. THE FUND AGGREGATES CAPITAL FROM INDIVIDUALS AND INSTITUTIONAL SOCIAL INVESTORS AND LENDS TO NONPROFITS AND FOR-PROFITS FOR HOUSING, COMMUNITY FACILITIES, COMMERCIAL PROPERTIES, LAND ACQUISITION, PRE-DEVELOPMENT AND OTHER COMMUNITY DEVELOPMENT COMMERCIAL PROJECTS.

TO PROMOTE ECONOMIC JUSTICE BY PROVIDING LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT ORGANIZATIONS AND FOR-PROFIT DEVELOPERS THAT SERVE LOW AND VERY LOW INCOME INDIVIDUALS.

PRO NEIGHBORHOODS INITIATIVE: THIS PROGRAM PROVIDES COMMUNITIES WITH THE CAPITAL AND TOOLS THEY NEED TO SUPPORT LOCALLY-DRIVEN SOLUTIONS AND ADDRESS KEY DRIVERS OF INEQUALITY IN THE DALLAS AREA. EQUITABLE INFRASTRUCTURE IS DEVELOPED TO EXPEDITE AND EXPAND EXISTING EFFORTS IN HOUSING AFFORDABILITY, SMALL BUSINESS AND WORKFORCE TRAINING, AND BUILDING THE CAPACITY OF COMMUNITY BASED ORGANIZATIONS. THE PROGRAM IMPLEMENTS THE FOLLOWING STRATEGIES: 1. INCREASING JOB AND WEALTH CREATION OPPORTUNITIES 2. CREATING AND PROTECTING HOUSING AND COMMERCIAL REAL ESTATE 3. DEVELOPING COMMUNITY LEADERSHIP

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Linda McmahonCEO / PRESIDENT4$34,250
Carla BrandtCFO1$6,525
Matt WilsonBOARD MEMBER2.5$0
Hillary VonahsenBOARD MEMBER1$0
Campbell RocheBOARD MEMBER2.5$0
Patrick RamsierBOARD MEMBER3$0
Tanya LittleBOARD MEMBER1.5$0
Marijke LantzBOARD MEMBER2$0
Greg KrausBOARD MEMBER2.5$0
Jason HaunBOARD MEMBER2$0
Brice HafnerBOARD MEMBER3$0
David EsekeBOARD MEMBER10.5$0
Brian DriesseBOARD DIRECTOR2$0
Erreka CampbellSecretary thru 8/20192.5$0
Rod WashingtonBoard Member2$0
Kate A CavanaughChairman3.5$0
Karyn MartinBoard Member2.5$0
Joel S SchubertSecretary1.5$0
Jeff KocherVICE CHAIRMAN2$0
Dustin DulinBoard Member2.5$0
Diane ChavezDirector2$0
Denise MasonBoard Member3$0
David LynchTREASURER1.5$0
Darcy BarnesBoard Member3.5$0
Ces EscamillaBoard Member2$0
Aaron EcholsBOARD MEMBER2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013219349310936_public.xml