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Institute Of Real Estate Management

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366214767 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

Overview

What is Institute Of Real Estate Management?

The Institute of Real Estate Management is a Chicago-based nonprofit organization, specifically located at 430 N Michigan Avenue, Suite 500. With a mission to advance the real estate management profession, they have provided training to a remarkable 8,400 students. Concurrently, they aid real estate managers in thriving and adding value to their businesses and the properties they oversee. The organization's workforce consists of 72 dedicated individuals.


Official website here: www.irem.org

Is Institute Of Real Estate Management legitimate?

Institute Of Real Estate Management is a legitimate nonprofit organization registered as a 501(c)(6) entity. Institute Of Real Estate Management submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,156,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,236,211

For more financial information, click here


Official website here: www.irem.org

What is the mission statement of Institute Of Real Estate Management?

The Institute of Real Estate Management is dedicated to advancing the profession of real estate management. Their mission goes beyond this, as they aim to help real estate managers prosper and add value to the companies and properties they manage. Through conducting courses in property management, they have educated a significant number of students, totaling 8,400, to further enhance the real estate management industry. By focusing on the professional development of individuals in this field, the Institute contributes to the overall growth and success of real estate management.


Official website here: www.irem.org

Who is the CEO of Institute Of Real Estate Management?

Christopher Migala is the Chief Financial/Admin Officer of Institute Of Real Estate Management. The CEO's salary of Institute Of Real Estate Management is $156,000 and their total compensation is $156,000.


Official website here: www.irem.org

What is the revenue of Institute Of Real Estate Management?

Institute Of Real Estate Management's revenue in 2022 was $12,623,789.


Official website here: www.irem.org

Who are the executives of Institute Of Real Estate Management and what are their salaries?

The average compensation at Institute Of Real Estate Management during 2022 was $74,894. There are 72 employees and 500 volunteers at Institute Of Real Estate Management.

Here are 28 key members and their salaries (Institute Of Real Estate Management's CEO's salary is $156,000 and their total compensation is $156,000):

    Christopher Migala (Chief Financial/Admin Officer)
  • Compensation: $225,076
  • Related: $0
  • Other: $43,300

    • Wendy Becker (Chief Learning Officer)
  • Compensation: $222,575
  • Related: $0
  • Other: $45,003

    • Lynn Disbrow (Chief Operating Officer)
  • Compensation: $223,941
  • Related: $0
  • Other: $39,378

    • Linda Caradine-Poinsett (Evp And Ceo)
  • Compensation: $191,377
  • Related: $0
  • Other: $9,494

    • Alex Levin (Sr. Director, Technology & Com)
  • Compensation: $156,814
  • Related: $0
  • Other: $33,339

    • Leah Misbin (Sr. Director, International Pr)
  • Compensation: $138,159
  • Related: $0
  • Other: $33,206

    • Joel Loughman (Director, Association Manageme)
  • Compensation: $136,995
  • Related: $0
  • Other: $21,967

    • Edward Thurn (Sr. Director, Government Affai)
  • Compensation: $143,822
  • Related: $0
  • Other: $14,382

    • Marie Bernadette Patton (Interim Ceo)
  • Compensation: $156,000
  • Related: $0
  • Other: $0

    • Bridget Terrones (Vice-President, Marketing)
  • Compensation: $127,738
  • Related: $0
  • Other: $12,774

    • Barry G Blanton Cpm (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Savage Cpm (President Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Libby Ekre Cpm (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Watts Cpm (Immediate Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Ashley Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Branden Barker Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn M Carpenter Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Wilkerson Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Cichy Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Pharr Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Collins Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mindy Gronbeck Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Huffman Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaniece Sanford Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sidney Ingelson Cpm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Kramer Cpm Arm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toni R Harris Cpm Arm (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Waddell Wright Cpm Ccim (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.irem.org

    Where can I find the form 990 for Institute Of Real Estate Management?

    The Institute Of Real Estate Management’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.irem.org

    Learn more at the official website: www.irem.org

    Mission Statement of Institute Of Real Estate Management

    The Institute of Real Estate Management, or IREM, is committed to elevating the real estate management profession. With a mission to advance the industry, IREM helps real estate managers thrive and contribute value to their companies and the properties they oversee. IREM's efforts in this regard have extended to conducting extensive property management courses for a remarkable 8,400 students, further solidifying its position as a thought leader in the realm of real estate management. Through these educational endeavors, the Institute equips professionals with the essential knowledge and skills required to excel in their roles, ensuring the successful management of properties and the prosperity of the organizations they represent.

    Impact

    This information is meant to be a general summary of Institute Of Real Estate Management. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Institute of Real Estate Management has made a significant impact by advancing the profession of real estate management. Through conducting courses in property management for a total of 8,400 students, the institute has helped individuals gain the skills and knowledge necessary to excel in this field. By doing so, they have not only empowered real estate managers to prosper but also to add value to their companies and the properties they manage. In this way, the institute contributes to the improvement of communities by ensuring that real estate professionals are well-equipped to effectively manage properties and contribute positively to the real estate industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-117,302
  • Program Service Revenue: $11,797,681
  • Gross Receipts: $15,794,950

    • Assets and Liabilities:
  • Total Assets: $10,259,836
  • Total Liabilities: $5,255,429
  • Net Assets: $5,004,407
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP DUES

    Revenue

    $6,663,759

    LEARNING

    Revenue

    $3,123,551

    MEETINGS & CONFERENCES

    Revenue

    $601,287

    PUBLISHING

    Revenue

    $245,289

    APPLICATIONS & EXAMS

    Revenue

    $1,163,795

    Organization Details

    Founding Year

    1933

    Principal Officer

    Christopher Migala

    Main Address

    430 N MICHIGAN AVENUE STE 500, CHICAGO, IL, 606114090

    NTEE Category

    Code: S47Z - Community improvement

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