Mission
The purpose of the organization is to further the charitable mission of Metrocrest Services by facilitating their participation in the federal New Markets Tax Credit program.
Public Charity
EMPOWERMENT REAL ESTATE INC
EMPOWERMENT REAL ESTATE INC is a Public Charity headquartered in CARROLLTON, TX. Financial data from the 2025 filing: $110K revenue, $847K expenses, $17.0M total assets.
EIN: 990769568
CARROLLTON, TX
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$110K
Total Expenses$847K
Total Assets$17.0M
Grant Records1
Filing Years2024–2025
Where $100 goes at Empowerment Real Estate Inc
How Empowerment Real Estate Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.
$45
Programs
the work itself
$55
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $45 for programs
$45
Entered into a building operating lease as well as an equipment lease with Metrocrest Services so that Metrocrest may operate the building and improvements as a center for…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Andy Dastur
Director
Bev Grimley
CFO
Gary Hancock
Director
Jamie Robertson
Director
Jeanne Clark
Director
Lou Brady
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $110K | $847K | $17.0M |
| 2024 | $2.7M | $121K | $17.8M |
Between 2024 and 2025, reported annual revenue declined from $2.7M to $110K (-96%), with total assets most recently reported at $17.0M.
Interactive year-over-year charts and full filing details available with membership.