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Orlando Regional Realtor Foundation Inc.

Orlando Regional Realtor Foundation Inc.

Orlando, FL 32810
Tax ID20-1544138

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About this organization

Revenue

$122,510

Expenses

$276,112

Mission

To serve Central Florida through housing development and further professionalism of the realtor.

About

Heroes' Common at Jefferson Park - In early 2013, the Florida Real Estate Foundation and the City of Orlando met to discuss the possibility of doing an affordable housing project within the city limits. The result of this discussion was the creation of 'Heroes' Commons at Jefferson Park' in the downtown Orlando Parramore community. The primary goal of the project is to provide mortgage-free, safe, and attractive homes for veterans of the US armed services, disabled veterans, or local law enforcement officers & first responders. As of December 31, 2018, houses on three of the six lots were successfully completed, and were donated to individuals (the homeowner) that met the selection criteria of the program. During 2018 and 2017, the foundation received $44,562 and $62,783, respectively, of contributed management services from ORRA's key executives related to the Heroes' Commons at Jefferson Park project, which was recorded as in-kind contributions in the financial statements.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “To address central florida's need for affordable, workforce housing, to enhance the quality of life with florida communities, and to improve the professional and educational standards of the real estate professional.”.

When explaining its duties, they were described as: “To serve central florida through housing development and further professionalism of the realtor.”.

  • The state in which the non-profit is authorized to operate legally is FL.
  • According to the filing, the address of the non-profit for the year 2020 is 1330 LEE ROAD, ORLANDO, FL, 32810.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$153,602.
  • The organization has 17 independent voting members.
  • The organization was formed in 2003.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $28,564 in fundraising expenses.

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