2021-11-15T09:31:45-06:00 2020-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2020-01-01 464671936 TREC SPECIAL EVENTS INC TREC 2146923603 3100 MCKINNON STREET NO 1150 DALLAS TX 752011104 LINDA MCMAHON CEO/PRESIDENT 2146923603 2021-11-12 1 LINDA MCMAHON 999009999 JOSEPHINE BEHREND P00715390 2108286281 2021-11-12 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINDA MCMAHON 3100 MCKINNON STREET NO 1150 DALLAS TX 752011104 263919 0 X WWW.RECOUNCIL.COM X 2014 TX TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT THE REAL ESTATE COUNCIL FOUNDATION. 4 3 3 103 0 0 1323666 181641 0 0 0 0 -179814 18541 1143852 200182 698857 57773 0 0 257496 229854 0 0 347802 170352 136254 1126705 423881 17147 -223699 282369 327507 257990 526827 24379 -199320 TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT THE REAL ESTATE COUNCIL FOUNDATION. FOR NEIGHBORHOOD REDEVELOPMENT, JOB CREATION, OTHER ECONOMIC OPPORTUNITIES, AND AFFORDABLE HOUSING. 0 0 57773 57773 TO ORGANIZE, PROMOTE, AND SPONSOR CHARITABLE EVENTS TO RAISE FUNDS EXCLUSIVELY TO SUPPORT AND BENEFIT THE REAL ESTATE COUNCIL FOUNDATION. FOR NEIGHBORHOOD REDEVELOPMENT, JOB CREATION, OTHER ECONOMIC OPPORTUNITIES, AND AFFORDABLE HOUSING. 57773 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 0 0 0 0 0 1 0 0 0 1 0 0 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X NEBIAT WODERE 2146923603 3100 MCKINNON STREET NO 1150 DALLAS TX 752011104 LINDA MCMAHON PRESIDENT/CEO 4.00 36.00 X X 29359 264231 16233 BILL CAWLEY CHAIRMAN 1.00 2.00 X X 0 0 0 HOLT LUNSFORD DIRECTOR, FIGHT NIGHT CHAIR 1.00 2.00 X 0 0 0 MELISSA EASTMAN DIRECTOR, GIVING GALA CHAIR 1.00 2.00 X 0 0 0 CARLA BRANDT SECRETARY/TREASURER 10.00 30.00 X 11526 34577 5077 PATRICIA ADDINGTONG CDO 12.00 28.00 X 39305 91711 4726 80190 390519 26036 0 0 1 0 0 134141 47500 2746 181641 40793 134141 63737 -22944 -22944 40735 0 40735 40735 OTHER INCOME 900099 750 750 750 200182 0 0 18541 X 57773 57773 43777 2189 41588 156582 7829 148753 4651 232 4419 9796 490 9306 15048 752 14296 25893 1295 24598 18654 933 17721 6730 337 6393 15758 788 14970 23726 1186 22540 45028 2251 42777 36 2 34 15 1 14 414 21 393 423881 57773 18306 347802 236492 148778 15200 0 30677 178729 282369 327507 1802 19548 10000 199500 0 11888 246188 295891 257990 526827 X 24379 -199320 24379 -199320 282369 327507 -223699 0 X 0 1 X 1 0 X X 1 THE REAL ESTATE COUNCIL FOUNDATION 752510813 7 1 57773 0 1 57773 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 295891 295891 X 274734 10815 63737 74552 200182 0 200182 498433 10815 63737 74552 423881 0 423881 PART X, LINE 2: TREC SE IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE U.S. 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 HAS NOT INCURRED ANY FEDERAL INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2020. MANAGEMENT EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. 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, 2020 AND 2019, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSED TO REVENUE 63,737. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSED TO REVENUE 63,737. CASINO NIGHT 174934 134141 40793 6949 14100 42688 174934 134141 40793 6949 14100 42688 63737 -22944 40735 0 1 0.90000 40735 40735 TX 0 THERE IS NO FILING/LICENSING REQUIREMENT FOR RAFFLE OPERATORS IN THE STATE OF TEXAS 0 1 0 0.00000 1.00000 NEBIAT WODERE 3100 MCKINNON STREET STE 1150 DALLAS TX 752011104 0 MYCHAL PETERSON 1000 X 0 1 THE REAL ESTATE COUNCIL FOUNDATION 3100 MCKINNON ST STE 1150 DALLAS TX 752011104 752510813 501(C)(3) 57773 GENERAL SUPPORT 1 0 PART I, LINE 2: OUR GRANTS ARE MADE EXCLUSIVELY IN SUPPORT OF TREC FOUNDATION, OUR SUPPORTED ORGANIZATION. MUCH OF THE BOARD OF TREC SPECIAL EVENTS IS COMPRISED OF BOARD MEMBERS FROM THE SUPPORTED ORGANIZATION, ENSURING THAT THE GRANT MONIES TO TREC FOUNDATION ARE UTILIZED FOR THEIR INTENDED PURPOSE. X 0 0 0 0 0 0 0 0 0 LINDA MCMAHON PRESIDENT/CEO 29336 264025 0 0 23 206 855 7695 768 6915 30982 278841 0 0 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 15A THE COMPENSATION FOR LINDA MCMAHON, CEO, IS APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE FROM A RELATED ORGANIZATION. HER COMPENSATION IS COMPARED TO EXECUTIVE COMPENSATION BY REVIEWING COMPARABILITY DATA OF SIMILAR ORGANIZATIONS. THE APPROVAL OF LINDA'S COMPENSATION IS DOCUMENTED IN EMAIL CORRESPONDENCE AMONG THE COMPENSATION COMMITTEE. 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 - EITHER IN ELECTRONIC FORMAT OR A PRINTED VERSION. FORM 990, PART IX, COLUMN (A): PROGRAM SERVICE EXPENSES TREC SPECIAL EVENTS HOSTS THREE CHARITY EVENTS, FIGHTNIGHT, YOUNG GUNS CASINO NIGHT, AND THE GIVING GALA. DURING 2020, FIGHTNIGHT AND THE GIVING GALA DID NOT OCCUR DUE TO THE COVID-19 PANDEMIC. AS SUCH, GRANTS PAID WERE REDUCED ACCORDINGLY, WHICH SIGNIFICANTLY REDUCED PROGRAM RELATED EXPENSES FOR 2020. THE REAL ESTATE COUNCIL INC 3100 MCKINNON STREET STE 1150 DALLAS TX 75201 752342376 REAL ESTATE SUPPORT TX 501(C)(6) N/A N/A 0 THE REAL ESTATE COUNCIL FOUNDATION 3100 MCKINNON STREET STE 1150 DALLAS TX 75201 752510813 COMMUNITY OUTREACH TX 501(C)(3) LINE 7 TREC 0 TREC COMMUNITY INVESTORS 3100 MCKINNON STREET STE 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 STE 1150 DALLAS TX 75201 043590401 CAMPAIGN SUPPORT TX 527 N/A TREC 0 0 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 THE REAL ESTATE COUNCIL FOUNDATION B 57773 FMV THE REAL ESTATE COUNCIL INC E 157633 FMV THE REAL ESTATE COUNCIL INC O 131001 FMV THE REAL ESTATE COUNCIL INC P 135396 FMV