Institute of Real Estate Management
TO BE A RESOURCE FOR PEOPLE AND ORGANIZATIONS SEEKING TO ADVANCE THE PROFESSION OF REAL ESTATE MANAGEMENT. THE IREM FOUNDATION SUPPORTS INITIATIVES DEVELOPED OR ENDORSED BY IREM THAT INCREASES DIVERSITY, THE ENGAGEMENT OF YOUNG PROFESSIONALS, AND EXPANSION OF INDUSTRY KNOWLEDGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-5.5% YoY
Annual Giving
$51K
-50.6% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$25K
+23.4% YoY
About Institute of Real Estate Management
Based on IRS filings
Institute of Real Estate Management is a nonprofit organization focused on Community Improvement & Capacity Building, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $51K. Net investment income was $64K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,020,351 | $2,138,328 | $2,087,099 |
| Revenue | $820,670 | $876,934 | $600,024 |
| Expenses | $998,020 | $939,552 | $805,863 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $64,381 | $69,028 | $-81,184 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEE HEADLEY CPM | PRESIDENT | 1 | — |
| CHRISTOPHER MELLEN CPM ARM | VICE PRESIDENT | 1 | — |
| EILEEN WIRTH CPM | SECRETARY/TREASURER | 1 | — |
| LINDA CARADINE-POINSETT | EXECUTIVE DIRECTOR (THRU 5/20/24) | 1 | — |
| MARIE BERNADETTE PATTON | EXECUTIVE DIRECTOR (FROM 5/20/24) | 1 | — |
| WALTER CHIP CRUMPLER JR CPM | PAST PRESIDENT | 1 | — |
| MINDY GRONBECK CPM | IREM REPRESENTATIVE | 1 | — |
| KURSTIE BUTCHER CPM | DIRECTOR | 1 | — |
| NEIL CADMAN CPM | DIRECTOR | 1 | — |
| CHERYL GRAY CPM | DIRECTOR | 1 | — |
| SHERYL GREEN CPM | DIRECTOR | 1 | — |
| JAMES HELSEL CPM | DIRECTOR | 1 | — |
| TINE HELTON ACOM | DIRECTOR | 1 | — |
| ERIN A HOPKINS PHD | DIRECTOR | 1 | — |
| RITA KHAN CPM | DIRECTOR | 1 | — |
| CHRISTINE LACY CPM | DIRECTOR | 1 | — |
| LAURA LE HARVEY CPM | DIRECTOR | 1 | — |
| LYNNE MILLER CPM | DIRECTOR | 1 | — |
| PATRICIA NOONEY CPM | DIRECTOR | 1 | — |
| PHILIP SCHNEIDAU CPM | DIRECTOR | 1 | — |
| MICHAEL SIMMONS CPM | DIRECTOR | 1 | — |
| ANTHONY SUSI CPM | DIRECTOR | 1 | — |
| CHER ZUCKER-MALTESE CPM | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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