NonprofitsTrec Community Investors

Human Services

Trec Community Investors

DALLAS, TX

Total revenue

$3.0M

Total expenses

$4.2M

Net assets

$7.5M

Grants received

$4.6M

24 grants

EIN

800718545

Tax year

2024

Mission

Trec community investors joins forces with underserved communities to invest in the disinvested, energize neighborhoods, and change lives. Through access to flexible capital and real estate expertise, we make an unwavering commitment to build a lasting impact in the communities we serve.

Programs

2 programs

Housing: trec ci provides funding for renovation of multifamily properties, home improvement projects; provides professional services and volunteer support as well as grants for rehabilitation projects, and plays a role in the establishment of a community land trust.

Expenses: $624K

Lending: trec ci is certified by the us department of the treasury as a community development financial institution (cdfi) and provides flexible loans to qualifying organizations transforming underserved communities.

Expenses: $226K

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue$703K
Investment income$273K
Other revenue$298
Total revenue$3.0M

Expenses

Grants paid$1.3M
Salaries & benefits$1.3M
Fundraising$148K
Other expenses$1.6M
Total expenses$4.2M
Total assets$9.9M
Net assets$7.5M

People

25 listed

NameRoleCompensation

SUMMER LOVELAND

CFO/COO

Board

$146K

20 hrs/wk

LINDA MCMAHON

CEO/PRESIDENT (UNTIL 6/30/24)

Board

$131K

22 hrs/wk

JAMEE JOLLY

CEO/PRESIDENT

Board

$40K

22 hrs/wk

FERNANDO CEBALLOS

BOARD MEMBER

Board

0.5 hrs/wk

SCOTT ROHRMAN

BOARD MEMBER

Board

0.5 hrs/wk

ALEXIS COOK

BOARD MEMBER

Board

0.5 hrs/wk

CHRISTIAN EVANS

BOARD MEMBER

Board

0.5 hrs/wk

ALLISON HUBBARD

BOARD MEMBER

Board

0.5 hrs/wk

STEPHANIE LAUGHLIN

BOARD MEMBER

Board

0.5 hrs/wk

SAM LITTLEJOHN

BOARD MEMBER

Board

0.5 hrs/wk

KEVIN WIERENGA

BOARD MEMBER

Board

0.5 hrs/wk

RICK PERDUE

CHAIRMAN

Board

2 hrs/wk

COURTNEY SPELLICY

BOARD MEMBER

Board

0.5 hrs/wk

DAVID LAWRENCE

BOARD MEMBER

Board

0.5 hrs/wk

JEFF KOCHER

BOARD MEMBER

Board

0.5 hrs/wk

KENT HOWARD

BOARD MEMBER

Board

0.5 hrs/wk

DENISE FANSLER

BOARD MEMBER

Board

0.5 hrs/wk

CHRIS NIXON

BOARD MEMBER

Board

0.5 hrs/wk

KRISTIAN TELEKI

BOARD MEMBER

Board

0.5 hrs/wk

MARCY HELFAND

BOARD MEMBER

Board

0.5 hrs/wk

ALTA MANTSCH

BOARD MEMBER

Board

0.5 hrs/wk

HEATH CHEEK

SECRETARY

Board

0.5 hrs/wk

ANGELA DUNNING

TREASURER

Board

0.5 hrs/wk

DIANE CHAVEZ

BOARD MEMBER

Board

0.5 hrs/wk

AMY STOVALL

SR. DIRECTOR

Staff

$43K

17.2 hrs/wk

Independent contractors

CITYMARK

RENT

$297K

Grants received

Showing 24 of 24

FromAmountPurposeYear
$373K
GENERAL SUPPORT
2024
$100K
To support the Dallas Catalyst Project: Mill City Intiative
2024
$25K
Donation supports the Associate Leadership Council ALC is a unique and impactful program designed to cultivate future leaders in the commercial real estate industry. TRECs Associate Leadership Council ALC provides one-of-a-kind leadership development experience for class members through monthly programs personalized executive training and the execution of a hands-on community investment project.
2024
$334K
GENERAL SUPPORT
2023
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
To support Dallas Catalyst Project 2.0
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$13K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$500
Charitable purposes
2023
$200
GENERAL OPERATING SUPPORT
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$572K
GENERAL SUPPORT
2022
$150K
CIVIC/COMMUNITY ENGAGEMENT
2022
$100K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2022
$40K
PROGRAM/OPERATING SUPPORT
2022
$27K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$200
GENERAL OPERATING SUPPORT
2022
$2.5M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
$100K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
$50K
FOREST DISTRICT AFFORDABLE HOUSING DEVELOPMENT
2021
$11K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2021
$22K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2020
$900
GENERAL OPERATING SUPPORT
2020

Funded by

$4.6M from 10 funders · 24 grants · 2020–2024

Jpmorgan Chase Foundation

$2.7M · 6 grants · 2020–2023

Trec Special Events Inc

$1.3M · 3 grants · 2022–2024

The Constantin Foundation Inc

$150K · 2 grants · 2023–2024

The Addy Foundation

$150K · 1 grant · 2022

The Bank of America Charitable Foundation Inc

$115K · 4 grants · 2021–2023

Communities Foundation Of Texas Inc

$73K · 4 grants · 2020–2023

Hillcrest Foundation

$50K · 1 grant · 2021

Details

EIN800718545
NTEE codeP20
Subsection03
Ruling date2014-06
Formed2011
Employees7
Volunteers243
TREC COMMUNITY INVESTORS — Mission, Financials & Grants Received | Grantivo