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ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION

EIN 23-7289227 SPRINGFIELD, IL

Revenue 2025
$248,601
Expenses 2025
$136,439

Program services were 84.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
2000
Street
522 S 5TH ST

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).

Other organizations at this address

4 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

PROVIDE GRANT SCHOLARSHIPS TO STUDENTS AND PROMOTE EDUCATION RELATED TO THE REAL ESTATE INDUSTRY.

Activities or mission (Part I)

PROVIDE CONTINUING EDUCATION AND TRAINING TO REAL ESTATE PROFESSIONALS AND GRANT SCHOLARSHIPS TO STUDENTS INTERESTED IN PURSUING AN EDUCATION OR CAREER IN REAL ESTATE.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $115,433 · Grants $60,056

  • BROKER CONTINUING EDUCATION

As filed on the 2025 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

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.

  • James Sim

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Sarah Ware

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Paula Arpasi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Teresa Camarato

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dominic Campo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maureen Forgette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrea Greenwalt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashley Heilman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jean Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Massey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laurie Murphy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tracy Patkunas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Persicketti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joel Raynes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Robertson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Timothy Ryan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Shaffer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Simpson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristie Tindall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Antonia Wesselink

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cathy Madaus

    TREASURER

    Total calculated
    $224,812
    From this org
    $0
    From related orgs
    $201,412
    Other
    $23,400
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $190,517 related
    Bonus
    $0 + $10,415 related
    Other
    $0 + $480 related
    Deferred
    $0 + $12,056 related
    Nontaxable benefits
    $0 + $11,344 related
    Filer's total
    $0 + $224,812 related
  • Laurie Clayton

    FOUNDATION MANAGER

    Total calculated
    $130,167
    From this org
    $0
    From related orgs
    $101,572
    Other
    $28,595
    Hours/week
    23

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $248,601
    Expenses
    $136,439
    Contributions
    $164,973
    Grants paid
    $60,056
  • 2024
    Revenue
    $160,469
    Expenses
    $97,804
    Contributions
    $79,289
    Grants paid
    $36,914
  • 2023
    Revenue
    $113,195
    Expenses
    $76,621
    Contributions
    $146,061
    Grants paid
    $31,420
  • 2022
    Revenue
    $250,026
    Expenses
    $82,356
    Contributions
    $192,379
    Grants paid
    $38,767

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
    $164,822
    Expenses
    $101,728
    Assets (EOY)
    $1,718,406
  • 2020 · 990

    Revenue
    $208,797
    Expenses
    $118,743
    Assets (EOY)
    $1,702,419
  • 2019 · 990

    Revenue
    $240,553
    Expenses
    $111,100
    Assets (EOY)
    $1,601,391
  • 2018 · 990

    Revenue
    $335,302
    Expenses
    $364,553
    Assets (EOY)
    $1,428,666
  • 2017 · 990

    Revenue
    $245,431
    Expenses
    $113,107
    Assets (EOY)
    $1,482,732
  • 2016 · 990

    Revenue
    $147,649
    Expenses
    $109,350
    Assets (EOY)
    $1,353,036
  • 2015 · 990

    Revenue
    $165,467
    Expenses
    $103,654
    Assets (EOY)
    $1,375,726
  • 2014 · 990

    Revenue
    $97,093
    Expenses
    $120,835
    Assets (EOY)
    $1,329,832
  • 2013 · 990

    Revenue
    $73,341
    Expenses
    $193,271
    Assets (EOY)
    $1,411,605
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $218,219
    Assets (EOY)
    $1,504,407

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. Showing the 10 most recent; the API carries the rest.

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.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

  • ILLINOIS REALTORS

    501(C)(6) · ESTABLISH AND MAINTAIN ETHICAL CODES AMONG REALTORS AND PROMOTE EDUCATION · IL

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2025 return

  • REAL ESTATE ADMINISTRATIVE SERVICES INC

    C · PROVIDE REAL ESTATE ADMINISTRATIVE SERVICES · IL

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

Listed as of 13 October 2026, under deductibility PC.

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.