NonprofitsCentral Florida Real Estate Investors Inc

Community Improvement & Capacity Building

Central Florida Real Estate Investors Inc

ORLANDO, FL

Total revenue

$290K

Total expenses

$290K

Net assets

$761K

Grants received

EIN

593117856

Tax year

2024

Mission

To provide educational opportunities for real estate investors.

Programs

3 programs

County subgroup meetings - five counties subgroups (seminole, orange, brevard, lake and volusia) have been established in the greater orlando area that meet once a month to provide additional education in a more intimate setting where regional topics can also be addressed, such as neighborhood revitalizations, local codes and ordinances, market trends, housing needs, etc. Each group meets for 3 hours, and follows a similar agenda as the general meeting. Cfri volunteers lead these groups.

Cfri focus groups - there were 9 different focus groups in 2023. These volunteer-led small groups meet one to four times a month for 2-3 hours for the purpose of obtaining more education on a particular aspect of real estate investing. They meet in a variety of locations including the cfri educational center, and various public spaces. Groups include: tax-deferred real estate investments, experienced investors, private money, money 101, quick turn real estate, latin beat, marketing techniques for investors, real estate investment techniques, commercial & land development, business & tax strategies, quick start, women investors and real estate investing 101.

Seminars - cfri received the approval of the national real estate investors association to offer program credits on all seminars towards national reia professional housing provider certification program. In 2023, there were approximately 4 seminars held per month for a total of approximatley 48 seminars during the year. Full day seminars were held on saturday or sunday and 3 hour seminars were held on week-nights. Seminars were opened by an authorized spokesperson that is usually an officer or employee of the organization. The main speaker(s) then expand on topics introduced at the general meeting or other real estate investment topics including: foreclosures, short sales, financing, avoiding mortgage fraud, land trusts, asset protection, tax education, home inspections, contracts, landlording, rehabbing, wholesaling, finding properties, property management, marketing and negotiations, etc. Seminars are held at the cfri educational center in casselberry, florida.junkers to jewels workshop & bus trip - 2-1/2 day event held three times a year in spring, summer, and fall. This event is conducted by volunteers to help investors learn basic concepts of real estate investing including: contracts, finding properties, evaluating properties, estimating rehab costs, finding buyers, marketing techniques. This event educates participants on how to help revitalize housing stock in their communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$227K
Investment income$34K
Other revenue$29K
Total revenue$290K

Expenses

Grants paid
Salaries & benefits$151K
Fundraising
Other expenses$138K
Total expenses$290K
Total assets$761K
Net assets$761K

People

10 listed

NameRoleCompensation

ELIZABETH BECKER

EXECUTIVE DIRECTOR

Board

$123K

40 hrs/wk

CHAD SCHULTZ

VICE PRESIDENT

Board

2 hrs/wk

PAULA SPANN

TREASURER

Board

2 hrs/wk

ROB ARNOLD

SECRETARY

Board

2 hrs/wk

TRACY FREEMAN

BOARD MEMBER

Board

2 hrs/wk

PHIL GEORGES

PRESIDENT

Board

2 hrs/wk

TODD LAPIERRE

BOARD MEMBER

Board

2 hrs/wk

SHAWN MCCORMICK

BOARD MEMBER

Board

2 hrs/wk

GINNY BOLLING

BOARD MEMBER

Board

2 hrs/wk

CARLOS GUERRA

BOARD MEMBER

Board

2 hrs/wk

Details

EIN593117856
NTEE codeS50
Subsection06
Ruling date2005-08
Formed1992
Employees2
Volunteers30
CENTRAL FLORIDA REAL ESTATE INVESTORS INC — Mission, Financials & Grants Received | Grantivo