Nonprofit · EIN 23-7401331
TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC
Tax-exempt · NASHVILLE, TN 37212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $79,858 | $58,673 | $21,185 | $720,776 | $0 | $720,776 |
| December 31, 2024 | 990 | $91,186 | $68,225 | $22,961 | $699,591 | $0 | $699,591 |
| December 31, 2023 | 990 | $82,291 | $63,259 | $19,032 | $676,630 | $0 | $676,630 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $63,425
- Investment income
- $16,433
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,570
- Program services (functional)
- $48,906
- Management and general (functional)
- $9,767
Balance sheet and other
- Total assets, start of year
- $699,591
- Total assets, end of year
- $720,776
- Total liabilities, end of year
- $0
- Net assets, end of year
- $720,776
- Net assets without donor restrictions
- $468,610
- Net assets with donor restrictions
- $252,166
- Gross receipts
- $79,858
- Employees
- 0
- Volunteers
- 23
- Year formed
- 1973
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANGELA SHIELDS | CEO Trustee or director, Officer | 2 | $0 | $398,750 |
| VINSON BRACY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CINDY BENNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REBECCA COOPER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KATHY DUNN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KAREN GEORGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG GLOSSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DARLA HUNLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LEWIS MARSHALL | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| ANGIE MORRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY OAKES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL PANEBIANCO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN ROACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHERRY SCOTT-CHAMBERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANIS STAPLETON | TRUSTEE Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BJ SWINEHART | TRUSTEE Trustee or director | 1 | $0 |
| PATTI WHALEN | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| ERIC WYSE | TRUSTEE Trustee or director | 1 | $0 |
| CHERICA BAKER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANGELA SHIELDS | CEO Trustee or director, Officer | 2 | $0 | $383,750 |
| LEWIS MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN ROACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CECE BAKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN WILSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANIS STAPELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CINDY BENNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REBECCA COOPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT FIELDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHERRY SCOTT-CHAMBERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DARLA NICKENS HUNLEY SUMNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHERINE DUNN | PRESIDENT-ELECT Trustee or director | 1 | $0 | $0 |
| ERIC WYSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANGIE MORRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY OAKES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN GEORGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG GLOSSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DOYLE WEBB | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PATTI WHALEN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| VINSON BRACEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANGELA SHIELDS | CEO Trustee or director, Officer | 2 | $0 | $368,750 |
| SCOTT FIELDS | TRUSTEE OF COUNSEL Trustee or director | 1 | $0 | $0 |
| REBECCA COOPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CINDY BENETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHERRY SCOTT-CHAMBERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC WYSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHERINE DUNN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DARLA NICKENS HUNLEY SUMNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VINSON BRACEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANGIE STUMBO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN ROACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LEWIS MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CECE BAKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANIS STAPELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JORDAN VAUGHN | IMMEDIATE PAST-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DOYLE WEBB | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PATTII WHALEN | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| SAMMI HOFFMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 901 19TH AVE S, NASHVILLE, TN 37212-2137
- In care of
- % ANGELA SHIELDS
- Principal officer (990 for 2025)
- ANGELA SHIELDS, 901 19TH AVENUE SOUTH, NASHVILLE, TN 37212
- Signed the 990
- ANGELA SHIELDS, CEO
- Phone
- (615) 321-1477
- Return prepared by
- BELLENFANT PLLC
Mission
THE FOUNDATION WAS ORGANIZED TO PROVIDE CONTINUING EDUCATION OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN TENNESSEE AND IT EXISTS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION WITH REGARD TO EDUCATION.
Program accomplishments
- GRADUATE REALTOR INSTITUTE (GRI) PROGRAM OFFERS EDUCATIONAL INSTRUCTION TO MEMBERS OF THE TENNESSEE ASSOCIATION OF REALTORS PURSUING THE GRI DESIGNATION.Expenses $28,120
- ON-LINE AND OTHER MISCELLANEOUS COURSES ARE OFFERED THAT PROMOTE THE EXEMPT PURPOSE OF PROVIDING CONTINUING EDUCATION TO MEMBERS OF THE TENNESSEE ASSOCIATION OF REALTORS.Expenses $20,786
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7401331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47Z)
- Assets (IRS master file)
- $720,776
- Income (IRS master file)
- $79,858
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $79,858 | $58,673 | $720,776 | XML |
| 990 | December 2024 | $91,186 | $68,225 | $699,591 | XML |
| 990 | December 2023 | $82,291 | $63,259 | $676,630 | XML |
| 990 | December 2022 | $78,812 | $70,188 | $657,598 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7401331).
Questions about TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC
- What is the EIN of TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC is 23-7401331.
- Is TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names ANGELA SHIELDS.
- Who are the officers and directors of TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $79,858, expenses of $58,673 and total assets of $720,776 at year end.
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