Form 990 for tax year 2022
Filed by INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS.
Totals
- Total revenue
- $345,475
- Total expenses
- $314,731
- Contributions and grants received
- $0
- Grants paid
- $6,000
- Program service revenue
- $335,169
- Investment income
- $37
- Other revenue
- $10,269
- Total assets, end of year
- $319,833
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $319,833
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $165,459
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEETINGS
total $200,489 · related or exempt $200,489
-
2b · Program service revenue: DUES & ASSESSMENTS
total $112,130 · related or exempt $66,066 · unrelated business $46,064
-
2c · Program service revenue: EDUCATIONAL SEMINAR
total $22,550 · related or exempt $22,550
-
3 · Investment income
total $37 · excluded $37
-
11a · Other revenue: FRIENDS OF IREM ANNUAL
total $9,822 · related or exempt $9,822
-
11b · Other revenue: MISCELLANEOUS
total $447 · related or exempt $447
-
11e · Other revenue, total
$10,269
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,000
-
11g · Fees: other
total $49,493
-
12 · Advertising and promotion
total $792
-
13 · Office expenses
total $12,404
-
17 · Travel
total $27,757
-
19 · Conferences, conventions and meetings
total $163,624
-
24a · Other expenses: FEDERAL UBT
total $4,477
-
24b · Other expenses: NYS UBT
total $1,507
-
24c · Other expenses: PUBLIC RELATIONS
total $42,465
-
24d · Other expenses: BANK CHARGES
total $3,707
-
24e · All other expenses
total $2,505
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $101,877 · end of year $133,523
-
2 · Savings and temporary cash investments
beginning of year $186,273 · end of year $186,310
-
27 · Net assets without donor restrictions
beginning of year $288,150 · end of year $319,833
Mission and programs · 2022
Mission
EDUCATION IN REAL ESTATE MANAGEMENT
-
EDUCATIONAL SEMINARS AND CLASSES TO PROMOTE EDUCATION IN REAL ESTATE MGMT: THE CHAPTER HOSTED 7 WEBINARS. THERE WERE AN AVERAGE OF 30 PARTICIPANTS FOR EACH WEBINAR. THE WEBINARS WERE ON A COMPLIMENTARY BASIS.
Revenue $22,550
-
PUBLICATIONS TO PROMOTE EDUCATION IN REAL ESTATE MGMT QUARTERLY NEWSLETTER.
Expenses $1,835
-
CONFERENCES TO PROMOTE EDUCATION IN REAL ESTATE MGMT: IREM NATIONAL CONDUCTED ALL EDUCATION PROGRAMS VIRTUALLY DURING THE YEAR. THE CHAPTER EARNED A SHARE OF THE TUITION FOR EACH STUDENT FROM THE CHAPTER. THIS SHARE OF TUITION REVENUE GENERATED THE BULK OF THE EDUCATIONAL INCOME EARNED IN 2022.
Expenses $163,624 · Revenue $200,489
As filed on the 2022 return.
Listed in Part VII
-
NICHOLAS E STOLATIS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
MICHAEL TORRES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321119349300412
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