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
What are the reviews and ratings of this charity?
The Institute Of Real Estate Management is not currently rated by Charity Navigator due to its registration status. As it is not a 501(c)(3) IRS registered nonprofit, it does not qualify for evaluation under the Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability methodologies commonly used by Charity Navigator.
This absence of a rating doesn't imply any specific positive or negative aspects of the organization's operations. It simply reflects the limited scope of evaluation tools based on available regulatory filings and nonprofit classifications. There is also no available revenue, expense, or salary data for the organization as it hasn't filed Form 990 electronically in recent years.
Regarding user feedback from GreatNonprofits, there are currently no reviews available for the Institute Of Real Estate Management. Without firsthand user insights, it's challenging to provide a perspective on the community or beneficiary sentiment towards the organization. Not Available
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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):
- Compensation: $225,076
- Related: $0
- Other: $43,300
- Compensation: $222,575
- Related: $0
- Other: $45,003
- Compensation: $223,941
- Related: $0
- Other: $39,378
- Compensation: $191,377
- Related: $0
- Other: $9,494
- Compensation: $156,814
- Related: $0
- Other: $33,339
- Compensation: $138,159
- Related: $0
- Other: $33,206
- Compensation: $136,995
- Related: $0
- Other: $21,967
- Compensation: $143,822
- Related: $0
- Other: $14,382
- Compensation: $156,000
- Related: $0
- Other: $0
- Compensation: $127,738
- Related: $0
- Other: $12,774
- Compensation: $0
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- Other: $0
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Official website here: www.irem.org
Where can I find the form 990 for Institute Of Real Estate Management?
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.
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Impact
October, 2024
The Institute Of Real Estate Management significantly advances the real estate management profession by providing high-quality education and resources. Through its coordinated efforts, it has successfully conducted property management courses for a total of 8,400 students, equipping them with essential skills and knowledge. By enhancing the expertise of real estate managers, the Institute not only supports their professional growth but also adds value to the companies they represent and the properties they manage. This commitment to education fosters a stronger, more knowledgeable community, ultimately contributing to improved management practices and community enhancement in Chicago and beyond.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(800) 837-0706Principal Officer
Christopher Migala
Main Address
430 N MICHIGAN AVENUE STE 500, CHICAGO, IL, 606114090
Website
www.irem.orgNTEE Category
Code: S47Z - Community improvement
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