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INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS

EIN 51-0204248 OAK BROOK, IL

Revenue 2025
$477,248
Expenses 2025
$431,757

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
06
NTEE code
S47Z
Classification
4000
Street
2901 BUTTERFIELD RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS (EIN 36-6214767). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2025

Mission

PROVIDE A SOURCE OF EDUCATION, RESOURCES, INFORMATION AND MEMBERSHIP FOR REAL ESTATE MANAGEMENT PROFESSIONALS IN THE CHICAGO AREA.

Activities or mission (Part I)

PROMOTE ETHICAL BUSINESS PRACTICES AND MAXIMIZE THE VALUE OF INVESTMENT REAL ESTATE.

  • SPONSOR OF VARIOUS PROGRAMS AND EVENTS THAT PROMOTE PROFESSIONALISM IN REAL ESTATE PROPERTY MANAGEMENT, BY DELIVERING NETWORKING AND EDUCATION OPPORTUNITIES TO MEMBERS WHILE ENCOURAGING ADHERENCE TO THE HIGHEST ETHICAL STANDARDS.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Kelli Stuart

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andie Peirce

    Director

    Total calculated
    $0
    Hours/week
    0
  • Martha Gaitan-Manning

    Director

    Total calculated
    $0
    Hours/week
    0
  • Ian Mark Novak

    President

    Total calculated
    $0
    Hours/week
    1
  • Kristen Sarkisian

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Teri Lind

    ASSOC. EXECUTIV

    Total calculated
    $0
    Hours/week
    40
  • Kim Sisney

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Megaen MacDonald

    Secretary

    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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $477,248
    Expenses
    $431,757
    Contributions
    $0
    Grants paid
    $15,000
  • 2024
    Revenue
    $563,874
    Expenses
    $501,658
    Contributions
    $0
    Grants paid
    $55,018
  • 2023
    Revenue
    $480,702
    Expenses
    $419,136
    Contributions
    $0
    Grants paid
    $10,000
  • 2022
    Revenue
    $397,321
    Expenses
    $348,075
    Contributions
    $0
    Grants paid
    $5,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $325,893
    Expenses
    $259,293
    Assets (EOY)
    $413,291
  • 2020 · 990

    Revenue
    $367,243
    Expenses
    $305,654
    Assets (EOY)
    $345,438
  • 2019 · 990

    Revenue
    $422,835
    Expenses
    $391,223
    Assets (EOY)
    $293,086
  • 2018 · 990

    Revenue
    $366,844
    Expenses
    $371,520
    Assets (EOY)
    $260,857
  • 2017 · 990

    Revenue
    $252,065
    Expenses
    $249,080
    Assets (EOY)
    $279,852
  • 2016 · 990

    Revenue
    $310,387
    Expenses
    $296,552
    Assets (EOY)
    $302,009
  • 2015 · 990

    Revenue
    $234,844
    Expenses
    $249,172
    Assets (EOY)
    $255,081
  • 2014 · 990

    Revenue
    $255,509
    Expenses
    $275,753
    Assets (EOY)
    $253,762

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.