A 501(c)(3) charitable organization, we are the education, philanthropic, and research arm of the Chicago Association of REALTORS. The Foundation provides REALTORS with opportunities to enhance their business through education, fosters careers in real estate, and champions the professional image of the Chicago REALTOR.
Key facts about Chicago Association of REALTORS Educational Foundation Inc
In short: Chicago Association of REALTORS Educational Foundation Inc gave $87K across 8 grants in 2025 (avg $11K), mostly in Illinois. Source: 2025 IRS Form 990.
- EIN
- 36-3746120
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $87,421
- Grants made (2025)
- 8
- Average grant
- $10,928
- Median grant
- $10,000
- Total assets
- $1,461,105
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$1.5M
+2.3% YoY
Annual Giving
$87K
-21.3% YoY
Grant Count
8
-27.3% YoY
Avg Grant Size
$11K
+8.1% YoY
How Chicago Association of REALTORS Educational Foundation Inc gives
- Giving grew 119% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Chicago Association of REALTORS Educational Foundation Inc
Based on IRS filings
Chicago Association of REALTORS Educational Foundation Inc is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 8 grants totaling $87K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $21K (2020) to $153K (2021). In 2025 it made 8 grants totaling $87K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Mercy Housing ($20K). Together the top 8 received $87K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 35 grants of 36 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Housing Chicago, IL | provide affordable housing for seniors, families, and those with special needs | $20,000 |
| Ada S McKinley Community Services Chicago, IL | Assist their mission to empower people and strengthen communities | $15,000 |
| Boys & Girls Clubs of Chicago Chicago, IL | Sponsor back to school carnival | $10,421 |
| North Side Housing & Supportive Services Chicago, IL | help men & women find permanent solutions to their homelessness | $10,000 |
| Uptown United Chicago, IL | fostering a thriving business environment & strong community | $10,000 |
| Covenant House Chicago, IL | Provide services for youth experiencing homelessness | $7,500 |
| Sarah's Circle Chicago, IL | help women who are struggling with homelessness | $7,500 |
| Inner Voice Chicago, IL | support persons experiencing homelessness | $7,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,461,105 | $1,427,924 | $1,249,410 |
| Revenue | $225,691 | $283,593 | $266,661 |
| Expenses | $273,250 | $234,572 | $228,214 |
| Net Investment Income | $43,784 | $34,183 | $23,387 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS July 8, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS February 12, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
Leadership & Key People
Officers and directors from IRS filings
Chicago Association of REALTORS Educational Foundation Inc is led by Michelle Mills Clement, Top Management Offical & Car CEO since 2023 (on filings since 2019); none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michelle Mills Clement
Top Management Offical & Car CEO
Top Management Official & Car CEO → Top Management Offical & Car CEO, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Marion J Valle
Founding Chairman
On filings since 2019
0.2 hrs/week
No compensation reported
Sheldon Good
Founding Chairman
On filings since 2019
0.2 hrs/week
No compensation reported
Antonia Mills
Chairperson
Treasurer → Chairperson-Elect, 2024
Chairperson-Elect → Chairperson, 2025
On filings since 2022
0.2 hrs/week
No compensation reported
Megan Oswald
Trustee
Chairperson Elect → Chairperson, 2024
Chairperson → Trustee, 2025
On filings since 2020
0.2 hrs/week
No compensation reported
Rachel Scheid
Trustee
Chairperson → Immediate Past Chair, 2023
Immediate Past Chair → Trustee, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Sarah Langum
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Keisha Williams
Trustee
On filings since 2024
0.2 hrs/week
No compensation reported
Tiffany Jimenez
Trustee
On filings since 2024
0.2 hrs/week
No compensation reported
Cezar Daniel Lordan
Trustee
New on the 2025 filing
0.2 hrs/week
No compensation reported
DJ Paris
Trustee
New on the 2025 filing
0.2 hrs/week
No compensation reported
Travis Williams
Trustee
New on the 2025 filing
0.2 hrs/week
No compensation reported
Robert Schmidt
Top Financial Official & Car CFO
Top Financial Official & Car Vice President of Finance → Top Financial Official & Car Senior Vice President of Finance, 2020
Top Financial Official & Car Senior Vice President of Finance → Top Financial Official & Car CFO, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Lutalo McGee
President-Elect
Trustee → President-Elect, 2024
On filings since 2021
0.2 hrs/week
No compensation reported
Kelly Price
Chairperson-Elect
Trustee → Treasurer, 2024
Treasurer → Chairperson-Elect, 2025
On filings since 2023
0.2 hrs/week
No compensation reported
Sharon Aguilera
Treasurer
Trustee → Treasurer, 2025
On filings since 2023
0.2 hrs/week
No compensation reported
Former officers (26)
- Former: Samantha D Powell (2019–2024) — Trustee
- Former: Erika Vilegas (2021–2024) — Trustee
- Former: Hipolito Garcia (2022–2024) — Trustee
- Former: Naja Morris (2024) — Trustee
- Former: Shaun Pinkston (2022–2023) — Trustee
- Former: Drussy Hernandez (2023) — President Elect
- Former: Miguel Sanchez (2023) — Trustee
- Former: Shantel Franklin (2023) — Trustee
- Former: Tammy Hajjar-Miller (2020–2022) — Immediate Past Char
- Former: Alison Stogsdill (2021–2022) — Trustee
- Former: Sarah Ware (2022) — Trustee
- Former: Antje Gehrken (2019–2021) — Trustee & Car President-Elect
- Former: Julie Harron (2019–2021) — Immediate Past Chair
- Former: Lindsay Miller (2019–2021) — Trustee
- Former: Dont'a Taylor (2020–2021) — Trustee
- Former: Tiffany Odeh (2021) — Trustee
- Former: Coby S Hakalir (2019–2020) — Director
- Former: Lesley Sweeney (2020) — Trustee
- Former: Nykea Pippion-Mcgriff (2020) — Trustee & Car President-Elect
- Former: Robert Eby (2020) — Trustee
- Former: Heather Gustafson (2019) — Trustee
- Former: Maurice Hampton (2019) — Trustee & Car President-Elect
- Former: Moses Hall (2019) — Trustee
- Former: Rachel Frangos (2019) — Trustee
- Former: Tammy Hajjar (2019) — Trustee
- Former: Virginia Downs (2019) — Former CEO
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Chicago Association of REALTORS Educational Foundation Inc
How much does Chicago Association of REALTORS Educational Foundation Inc give each year?
Chicago Association of REALTORS Educational Foundation Inc gave $87K across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $111K across 11 grants.
What is Chicago Association of REALTORS Educational Foundation Inc's typical grant size?
Chicago Association of REALTORS Educational Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,928, across 8 grants on its 2025 IRS Form 990.
Where does Chicago Association of REALTORS Educational Foundation Inc give grants?
Chicago Association of REALTORS Educational Foundation Inc gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Chicago, IL (8 grants).
Does Chicago Association of REALTORS Educational Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Chicago Association of REALTORS Educational Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
Who are Chicago Association of REALTORS Educational Foundation Inc's largest grantees?
Chicago Association of REALTORS Educational Foundation Inc's largest 2025 grantees include Mercy Housing ($20,000), Ada S McKinley Community Services ($15,000) and Boys & Girls Clubs of Chicago ($10,421), according to its 2025 IRS Form 990. Together they received 52% of its itemized 2025 grant dollars.
How large is Chicago Association of REALTORS Educational Foundation Inc?
Chicago Association of REALTORS Educational Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $226K.
What is Chicago Association of REALTORS Educational Foundation Inc?
Chicago Association of REALTORS Educational Foundation Inc is a public charity focused on Education, based in Chicago, IL. It holds $1.5M in total assets as of 2025.
What is Chicago Association of REALTORS Educational Foundation Inc's EIN?
Chicago Association of REALTORS Educational Foundation Inc's EIN (Employer Identification Number) is 36-3746120. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Chicago Association of REALTORS Educational Foundation Inc by hand.
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