Institute Of Real Estate Management Of The Natl Assn Of Realtors
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bay Village, OH
- Founding
- 08/1976
- Data as of
- 12/2021
- EIN
- 51-0204213
Organization Overview
Institute Of Real Estate Management Of The Natl Assn Of Realtors is located in Bay Village, OH. The organization was established in 1976. According to its NTEE Classification (S47) the organization is classified as: Real Estate 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 12/2021, Institute Of Real Estate Management Of The Natl Assn Of Realtors generated $51.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $49.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MEETINGS, SEMINARS, SCHOLARSHIPS, GRANTS FOR PROFESSIONAL EDUCATION. NO FOREIGN GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine M Yagersz President | 2 | $0 | |
Emily S L Dennis Immediate Past President | 2 | $0 | |
Michael Corcoran Trustee | 2 | $0 | |
Andrew Fernandez Trustee | 2 | $0 | |
Joseph W Kearney Trustee | 2 | $0 | |
Tracy Ols Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $859 |
| Total Program Service Revenue | $7,904 |
| Membership dues | $38,302 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,693 |
| Other Revenue | $1,413 |
| Total Revenue | $51,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $23,900 |
| Occupancy, rent, utilities, and maintenance | $716 |
| Printing, publications, postage, and shipping | $156 |
| Other expenses | $22,574 |
| Total expenses | $48,996 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,727 |
| Other assets | $0 |
| Total assets | $57,727 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,727 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vertex Non Profit Holdings Inc Fairmont, WV | $32,441,063 | $3,635,457 |
Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
Holy Spirit Corporation Hershey, PA | $30,669,518 | $4,832,377 |
National Development Corporation Of Delta Phi Epsilon Inc Philadelphia, PA | $5,384,830 | $3,037,660 |
Imh Realty Corporation Franklin, IN | $84,073,233 | $0 |
River Park Community Corp Dayton, OH | $44,515,596 | $4,317,871 |
Nso Properties Detroit, MI | $10,016,182 | $2,478,176 |
K C Club Inc State College, PA | $0 | $1,561,572 |
Yswin Development Inc Evansville, IN | $15,509,584 | $1,301,817 |
Bridgeway Development Corporation Pittsburgh, PA | $12,400,334 | $795,090 |
Muhlenberg Realty Corporation Allentown, PA | $14,034,477 | $1,168,601 |
Northern Kentucky Mhmr Properties Inc Covington, KY | $9,398,814 | $1,921,717 |