Realtors Relief Foundation

EIN: 364468109 501(c)(3) Public Safety

Chicago, IL

Total Revenue
$4,958,496
Total Expenses
$7,579,105
Total Assets
$8,774,498
Net Assets
$8,774,498
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Phone
3123298200
Tax Period
2024-01-01 to 2024-12-31

Realtors Relief Foundation, founded in 2001, is a community nonprofit in the Public Safety sector that reported $5.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $7.6M exceeded revenue, resulting in a 53% operating deficit.

Mission

The Foundation is a 501(c)(3) nonprofit corporation dedicated to providing housing-related assistance to victims and their families in disaster situations affecting the United States of America and its territories.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,615,535
Program Service Revenue $0
Investment Income $361,207
Other Revenue $-18,246
TOTAL REVENUE $4,958,496

Expense Breakdown

Grants Paid $7,579,105
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,579,105
Other Expenses $0
TOTAL EXPENSES $7,579,105

Year-over-Year Comparison

2024 2023 Change
Revenue $4,958,496 $4,475,840 +0.1%
Expenses $7,579,105 $4,603,115 +0.6%
Net Income $-2,620,609 $-127,275 +19.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,321,542
Total Directors
8
$218,628
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY HRABCAK VICE PRESIDENT 1.0
Officer Director
$0 $0 $218,628
MICHAEL MCGREW PRESIDENT 1.0
Officer Director
$0 $0 $0
DAVID LEGAZ Director 1.0
Director
$0 $0 $0
JOANNE POOLE Director 1.0
Director
$0 $0 $0
LEIGH BROWN Director 1.0
Director
$0 $0 $0
MICHAEL FORD Director 1.0
Director
$0 $0 $0
NORMAN MORRIS Director 1.0
Director
$0 $0 $0
PAT ZIGGY ZICARELLI Director 1.0
Director
$0 $0 $0
JOHN PIERPOINT SECRETARY / TREASURER 5.0
Officer
$0 $57,343 $872,572
NICK FALCO EXECUTIVE DIRECTOR 37.5
Officer
$0 $41,707 $230,342
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,958,496 $7,579,105 $8,774,498 $-2,620,609
2023 $4,475,840 $4,603,115 $11,390,643 $-127,275
2022 $4,740,647 $3,629,394 $11,496,936 $1,111,253
2021 $8,505,056 $936,043 $10,324,102 $7,569,013
2020 $1,770,737 $1,482,639 $2,739,003 $288,098
2019 $1,278,516 $1,853,611 $2,423,712 $-575,095
2018 $1,952,320 $2,238,671 $2,993,839 $-286,351
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