Realtors' Charitable Foundation

Nonprofit profile at a glance

EIN
161595700
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Rochester, NY, USA
Phone
5852925000
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$3,350
Expenses
$2,811
Assets
$6,724
Liabilities
$1,400

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MICHAEL O'CONNOR (PRESIDENT)
  • DON SIMONETTI (PRESIDENT-ELECT)

People named in this filing

  • TRACEY DEDEE (BOARD MEMBER)
  • JENNA WAGNER (BOARD MEMBER)
  • PETER ZIZZI (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To give back to the community by providing opportunities for affordable home ownership and addressing critical housing needs.

What it reported doing in 2024

We fund: (1) programs that keep homeless families together, (2) critical housing repairs that allow low-income seniors to remain in their homes, (3) housing for women who are victims of domestic violence, and (4) education for low-income, first-time homebuyers

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 16.1%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 2.39; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -29.6% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -21.3% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -18.1% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.