Institute Of Real Estate Management Of The Natl Assn Of Realtors
- Assets
- $56.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 08/1976
- Data as of
- 12/2021
- EIN
- 36-4276923
Organization Overview
Institute Of Real Estate Management Of The Natl Assn Of Realtors is located in Boise, ID. The organization was established in 1976. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Institute Of Real Estate Management Of The Natl Assn Of Realtors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Institute Of Real Estate Management Of The Natl Assn Of Realtors generated $34.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE INSTITUTE OF REAL ESTATE MANAGEMENT (IREM) IS AN INTERNATIONAL COMMUNITY OF REAL ESTATE MANAGERS DEDICATED TO ETHICAL BUSINESS PRACTICES, MAXIMIZING THE VALUE OF INVESTMENT REAL ESTATE, AND PROMOTING SUPERIOR MANAGEMENT THROUGH EDUCATION AND INFORMATION SHARING. THE IREM SNAKE RIVER CHAPTER HOSTS MONTHLY LUNCHEONS AND PROVIDES OPPOTUNITIES FOR CONTINUTING EDUCATION FOR MEMBERS ON AN ANNUAL BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebekah Ward President | 2 | $0 | |
Mindy Gronbeck Member At Large | 1 | $0 | |
Patty Gordon Member At Large | 1 | $0 | |
Jeff Sudmeier President Elect/secretary/ | 2 | $0 | |
Jessica Bradley Iae/professional Partner C | 1 | $0 | |
Karis N Price Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $648 |
| Total Program Service Revenue | $5,275 |
| Membership dues | $21,039 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,698 |
| Other Revenue | $0 |
| Total Revenue | $34,729 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,984 |
| Total expenses | $29,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,532 |
| Other assets | $0 |
| Total assets | $56,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Las Vegas Association Of Realtors Las Vegas, NV | $41,416,661 | $13,529,639 |
Salinas Public Facilities Inc Seattle, WA | $71,107,381 | $6,357,794 |
Nellis-Stewart Inc Las Vegas, NV | $28,552,356 | $2,374,620 |
Reef Plaza Del Lago Inc Seattle, WA | $38,306,413 | $3,176,693 |
Montana Assn Of Realtors Helena, MT | $6,057,562 | $1,938,232 |
Northern Wasatch Association Of Realtors South Ogden, UT | $9,212,927 | $2,554,624 |
Boise Regional Realtors Inc Boise, ID | $4,503,987 | $2,800,698 |
Reef Imperial Rose Inc Seattle, WA | $18,470,445 | $2,246,970 |
Washington County Board Of Realtors St George, UT | $5,134,467 | $1,625,807 |
St Louis Square Inc Las Vegas, NV | $40,048,213 | $1,985,390 |
Park City Board Of Realtors Park City, UT | $3,513,137 | $1,239,593 |
Eta Beta Corporation Seattle, WA | $3,168,990 | $836,487 |