2023-11-13T17:31:09-06:00 2022-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2022-01-01 464671936 TREC SPECIAL EVENTS INC TREC 2146923603 3100 MCKINNON STREET 1150 DALLAS TX 752011104 LINDA MCMAHON CEO/PRESIDENT 2146923603 2023-11-13 1 LINDA MCMAHON 999009999 0 REBECCA A RODRIGUEZ P01073764 2108286281 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LINDA MCMAHON 3100 MCKINNON STREET 1150 DALLAS TX 752011104 1928919 0 X WWW.RECOUNCIL.COM X 2014 TX TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT TREC COMMUNITY INVESTORS. 3 3 1 100 0 0 831225 1064050 0 0 0 0 240214 -12670 1071439 1051380 452956 571958 0 0 275275 297454 0 0 463544 143888 190486 872119 1059898 199320 -8518 458291 669185 458291 669185 0 0 TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT TREC COMMUNITY INVESTORS. FOR NEIGHBORHOOD REDEVELOPMENT, JOB CREATION, OTHER ECONOMIC OPPORTUNITIES, AND AFFORDABLE HOUSING. 0 0 571958 571958 0 TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT TREC COMMUNITY INVESTORS. FOR NEIGHBORHOOD REDEVELOPMENT, JOB CREATION, OTHER ECONOMIC OPPORTUNITIES, AND AFFORDABLE HOUSING. 571958 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 19 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 X SUMMER LOVELAND 2146923603 3100 MCKINNON STREET 1150 DALLAS TX 752011104 KIM BUTLER CHAIRMAN 1.00 4.00 X X 0 0 0 CRAIG WILSON DIRECTOR, FIGHT NIGHT CHAIR 1.00 0.50 X X 0 0 0 LYNN DOWDLE DIRECTOR, FIGHT NIGHT VICE CHAIRMAN 1.00 0.25 X X 0 0 0 LINDA MCMAHON CEO/PRESIDENT 8.00 32.00 X 88990 355958 15110 FELICIA PIERSON SECRETARY 0.00 40.00 X 0 134627 10758 SUMMER LOVELAND CHIEF FINANCIAL OFFICER 8.00 32.00 X 53019 212073 16142 142009 702658 42010 0 0 1 0 FAUXCADES 8888 GOVERNORS ROW DALLAS TX 75247 DECOR FOR FUNDRAISING EVENTS 297240 1 1064050 51254 1064050 767744 1064050 766749 995 995 97125 110790 -13665 -13665 1051380 0 0 -12670 571958 571958 148258 7413 140845 119127 5956 113171 3408 170 3238 10095 505 9590 16566 828 15738 9583 479 9104 40577 2029 38548 2962 148 2814 20099 1005 19094 52425 2621 49804 62419 3121 59298 2208 110 2098 213 11 202 1059898 571958 24396 463544 444903 649093 0 18000 13388 2092 458291 669185 10513 2638 0 85000 447778 581547 458291 669185 X 0 0 458291 669185 -8518 8518 0 X 0 1 X 1 0 X X 1 TREC COMMUNITY INVESTORS 800718545 7 1 571958 0 1 571958 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCOMPANY DUE TO/FROM 581547 581547 X 1983719 54800 877539 932339 1051380 0 1051380 1983719 46282 877539 923821 1059898 0 1059898 PART X, LINE 2: TREC SE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN MADE. HOWEVER, SHOULD TREC SE ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME COULD RESULT. TREC SE DID NOT INCUR ANY FEDERAL INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2022 AND 2021. TAX POSITIONS TAKEN RELATED TO TREC SE'S TAX EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, TREC SE HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 766,749. GAMING EXPENSES NETTED WITH REVENUE 110,790. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 766,749. GAMING EXPENSES NETTED WITH REVENUE 110,790. FIGHT NIGHT 1714617 998775 715842 1605 114842 267964 335023 YOUNG GUNS NIGHT 117177 65275 51902 1081 2341 13263 2240 28390 1831794 1064050 767744 2686 117183 281227 2240 363413 766749 995 97125 24169 86621 1 0.75000 97125 24169 86621 110790 -13665 TX 0 THERE IS NO FILING/LICENSING REQUIREMENT FOR RAFFLE OPERATORS IN THE STATE OF TEXAS. THE WINNINGS OF BETS ARE PAID STRICTLY IN THE FORM OF RAFFLE TICKETS WHICH ARE THEN ENTERED IN A DRAWING FOR NON CASH PRIZES. 0 N/A 1 0 1.00000 SUMMER LOVELAND 3100 MCKINNON STREET 1150 DALLAS TX 752011104 0 0 1 TREC COMMUNITY INVESTORS 3100 MCKINNON ST STE 1150 DALLAS TX 75201 800718545 501(C)(3) 571958 0 GENERAL SUPPORT 1 0 PART I, LINE 2: OUR GRANTS ARE MADE EXCLUSIVELY IN SUPPORT OF TREC COMMUNITY INVESTORS, OUR SUPPORTED ORGANIZATION. A PORTION OF THE BOARD OF TREC SPECIAL EVENTS IS COMPRISED OF BOARD MEMBERS FROM THE SUPPORTED ORGANIZATION, ENSURING THAT THE GRANT MONIES TO TREC COMMUNITY INVESTORS ARE UTILIZED FOR THEIR INTENDED PURPOSE. 0 0 0 0 0 0 0 0 0 LINDA MCMAHON CEO/PRESIDENT 68394 273575 20550 82200 46 183 2671 10685 351 1403 92012 368046 0 0 SUMMER LOVELAND CHIEF FINANCIAL OFFICER 38991 155963 14000 56000 28 110 1360 5440 1868 7474 56247 224987 0 0 PART I, LINE 3 THE COMPENSATION FOR TOP MANAGEMENT OFFICIALS IS APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE FROM A RELATED ORGANIZATION. COMPENSATION IS COMPARED TO EXECUTIVE COMPENSATION BY REVIEWING COMPARABILITY DATA OF SIMILAR ORGANIZATIONS. THE APPROVAL OF COMPENSATION IS DOCUMENTED IN EMAIL CORRESPONDENCE AMONG THE COMPENSATION COMMITTEE. THE COMPENSATION OF ALL OTHER STAFF, INCLUDING OFFICERS WHO ARE EMPLOYEES, IS REVIEWED BY THE COMPENSATION COMMITTEE BASED ON RECOMMENDATION BY THE CEO. X 1 1200 FMV X AUCTION ITEMS 33 25655 FMV X MEDIA TRADES 3 24399 FMV 0 0 0 0 PART I, COLUMN (B): USING A COMBINATION OF THE TWO METHODS ABOVE FORM 990, PART I, LINE 6, VOLUNTEERS: TREC SPECIAL EVENTS, INC. (TREC SE) UTILIZES VOLUNTEERS TO SERVE ON THE BOARD OF DIRECTORS; OVERSEE COMMITTEES. VOLUNTEERS ASSIST WITH ALL PROGRAMS AND EVENTS. FORM 990, PART VI, SECTION B, LINE 11B A THOROUGH REVIEW IS PERFORMED BY THE CFO. AFTER ALL EDITS HAVE BEEN INCORPORATED IN THE RETURN, THE FINAL COPY IS PROVIDED TO THE CEO FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C TREC SE FOLLOWS A CONFLICT OF INTEREST POLICY. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY (THE "POLICY") IS TO PROTECT THE INTERESTS OF THE CORPORATION, WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER, DIRECTOR OR COMMITTEE MEMBER OF THE CORPORATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THE POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING DIRECTORS OR COMMITTEE MEMBERS, AS THE CASE MAY BE, SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION OR RELEVANT COMMITTEE CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS SHALL MAKE THE DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS, IS APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE FROM A RELATED ORGANIZATION. THE COMPENSATION IS COMPARED TO EXECUTIVE COMPENSATION BY REVIEWING COMPARABILITY DATA OF SIMILAR ORGANIZATIONS. THE APPROVAL OF THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS DOCUMENTED IN EMAIL CORRESPONDENCE AMONG THE COMPENSATION COMMITTEE. THE COMPENSATION OF ALL OTHER STAFF, INCLUDING OFFICERS WHO ARE EMPLOYEES, IS REVIEWED BY THE COMPENSATION COMMITTEE BASED ON RECOMMENDATION BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FORM 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE REAL ESTATE COUNCIL INC 3100 MCKINNON STREET 1150 DALLAS TX 75201 752342376 REAL ESTATE SUPPORT TX 501(C)(6) N/A N/A 0 TREC COMMUNITY INVESTORS 3100 MCKINNON STREET 1150 DALLAS TX 75201 800718545 ECONOMIC DEVELOPMENT TX 501(C)(3) LINE 7 TREC 0 THE REAL ESTATE COUNCIL POLITICAL ACTION COMMITTEE 3100 MCKINNON STREET 1150 DALLAS TX 75201 043590401 CAMPAIGN SUPPORT TX 527 N/A TREC 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 TREC COMMUNITY INVESTORS B 571958 FMV TREC COMMUNITY INVESTORS E 523577 FMV THE REAL ESTATE COUNCIL INC E 57970 FMV THE REAL ESTATE COUNCIL INC O 283080 FMV TREC COMMUNITY INVESTORS P 509870 FMV THE REAL ESTATE COUNCIL INC Q 112956 FMV THE REAL ESTATE COUNCIL INC R 92929 FMV THE REAL ESTATE COUNCIL INC S 96373 FMV