Institute Of Real Estate Management Of The Natl Assn Of Realtors

Organization Overview

Institute Of Real Estate Management Of The Natl Assn Of Realtors is located in Monrovia, MD. The organization was established in 1976. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & 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 12/2022, Institute Of Real Estate Management Of The Natl Assn Of Realtors generated $263.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $252.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CERTIFY AND EDUCATE REAL ESTATE MANAGEMENT PROFESSIONALS THROUGH MEETINGS AND EDUCATIONAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP MEETINGS TO FURTHER THE PROFESSIONALISM OF PROPERTY MANAGERS AND ADVANCE THE INTERESTS OF PROPERTY MANAGEMENT AS AN INDUSTRY. SEMINARS PROVIDE EDUCATIONAL OPPORTUNITIES ON PROPERTY MANAGEMENT INFORMATION AND ISSUES AND PROVIDE EDUCATION TO LEAD TO CERTIFICATION. HELD NUMEROUS MEMBERSHIP AND JOINT MEETINGS TO DISCUSS FINANCIAL PLANNING, LEGAL ISSUES, SOCIAL MEDIA, PROPERTY TAXES, PUBLIC SAFETY, AND VARIOUS OTHER TOPICS. ADDITIONALLY NUMEROUS CLASSES WERE HELD FOR CONTINUING EDUCATION AND CERTIFICATION OF MEMBERS. MEETINGS ARE ALSO HELD THAT ARE NETWORKING AND SOCIAL EVENTS SUCH AS BASEBALL GAME, CRAB FEAST, AND HOLIDAY PARTY.


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Board, Officers & Key Employees

Name (title)Compensation
Jean Collins
Executive Director
$67,648
Joann Maguire Cpm
President
$0
Christina Martin Cpm
President-Elect
$0
Jesse Martinez Cpm
Treasurer
$0
Heather Grant Cpm
Secretary
$0
Liz Shanahan Cpm
Immediate Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$231,834
Investment income $543
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $31,015
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $263,884

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