Form 990 for tax year 2024
Filed by INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS.
Totals
- Total revenue
- $219,669
- Total expenses
- $209,936
- Contributions and grants received
- $162,250
- Grants paid
- $1,100
- Program service revenue
- $48,006
- Investment income
- $2,783
- Other revenue
- $6,630
- Total assets, end of year
- $175,692
- Total liabilities, end of year
- $52,634
- Net assets or fund balances, end of year
- $123,058
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $44,234
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.
-
1b · Membership dues
$47,600
-
1f · All other contributions, gifts and grants
$114,650
-
2a · Program service revenue: EVENT REVENUE
total $41,040 · related or exempt $41,040
-
2b · Program service revenue: COURSE INCOME
total $6,966 · related or exempt $6,966
-
3 · Investment income
total $2,783 · excluded $2,783
-
8a · Fundraising events: gross income
$42,120
-
8b · Fundraising events: direct expenses
$35,490
-
8c · Net income from fundraising events
total $6,630 · excluded $6,630
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,100
-
11a · Fees: management
total $127,365
-
11c · Fees: accounting
total $2,355
-
13 · Office expenses
total $748
-
23 · Insurance
total $765
-
24a · Other expenses: EVENT EXPENSES
total $41,797
-
24b · Other expenses: NATIONAL MEETINGS
total $20,831
-
24c · Other expenses: COMMITTEES
total $4,550
-
24d · Other expenses: BANK SERVICE CHARGE
total $4,277
-
24e · All other expenses
total $6,148
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $36,684 · end of year $62,221
-
2 · Savings and temporary cash investments
beginning of year $104,662 · end of year $107,445
-
4 · Accounts receivable
beginning of year $1,440 · end of year $2,975
-
9 · Prepaid expenses and deferred charges
beginning of year $6,600 · end of year $3,051
-
17 · Accounts payable and accrued expenses
beginning of year $18,883 · end of year $13,439
-
19 · Deferred revenue
beginning of year $17,178 · end of year $39,195
-
27 · Net assets without donor restrictions
beginning of year $113,325 · end of year $123,058
Mission and programs · 2024
Mission
TO EDUCATE REAL ESTATE MANAGERS AND CERTIFY THE COMPETENCE AND PROFESSIONALISM OF INDIVIDUALS AND ORGANIZATONS ENGAGED IN THE MANAGEMENT OF REAL ESTATE. IREM SERVES AS AN ADVOCATE ON ISSUES AFFECTING THE REAL ESTATE MANAGEMENT INDUSTRY, ENHANCING AND SUPPORTING ITS MEMBERS' PROFESSIONAL COMPETENCE SO THEY CAN BETTER MEET THE NEEDS OF THOSE WHO UTILIZE THEIR SERVICES.
-
LUNCHEON AND DINNER MEETINGS TO PROMOTE INTERACTION AMONG MEMBERS AND TO PROMOTE PLANNING/SCHEDULING OF EVENTS AND SEMINARS FOR MEMBER EDUCATION.
Expenses $41,797 · Revenue $41,040
-
EDUCATION COURSES AND SEMINARS TO EDUCATE MEMBERS AND PROMOTE A STRONGER AND MORE KNOWLEDGEABLE REAL ESTATE INDUSTRY.
Expenses $2,437 · Revenue $6,966
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brandon OttingBRANDON OTTING
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Patrick LensingPATRICK LENSING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Alexander LeuthnerALEXANDER LEUTHNER
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Matthew HozzaMATTHEW HOZZA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Tyhler Kohn GallardoTYHLER KOHN GALLARDO
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Laura SteffesLAURA STEFFES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angela SamargiaANGELA SAMARGIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine BeachCATHERINE BEACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Devin CreurerDEVIN CREURER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea HolmesCHELSEA HOLMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ali OttingALI OTTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul AronhaltPAUL ARONHALT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Preston DullPRESTON DULL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather FleethamHEATHER FLEETHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Abbie KubitzABBIE KUBITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nathan OlsonNATHAN OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather WayHEATHER WAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349319031
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