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
Ready to take the next step with Institute of Real Estate Management?
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
Among its reported 2024 grants, the largest include Institute of Real Estate Management ($45,765), University of Wisconsin-stout ($5,040).
| Recipient | Purpose | Amount |
|---|---|---|
| INSTITUTE OF REAL ESTATE MANAGEMENT CHICAGO, IL | ACADEMIC OUTREACH & REAL ESTATE PROGRAMS | $45,765 |
| UNIVERSITY OF WISCONSIN-STOUT MENOMONIE, WI | ACADEMIC OUTREACH & REAL ESTATE PROGRAMS | $5,040 |
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
Frequently Asked Questions
What is Institute of Real Estate Management?
Institute of Real Estate Management is a nonprofit organization focused on Community Improvement & Capacity Building, based in CHICAGO, IL. It holds $2.0M in total assets as of 2024.
How large is Institute of Real Estate Management?
As of 2024, Institute of Real Estate Management holds $2.0M in total assets with $821K in annual revenue. It awarded 2 grants totaling $51K in 2024.
Where does Institute of Real Estate Management operate?
Institute of Real Estate Management has awarded grants in Alabama, District of Columbia, Georgia, Illinois, South Carolina, Texas, Wisconsin.
What size grants does Institute of Real Estate Management award?
In 2024, Institute of Real Estate Management awarded 2 grants totaling $51K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Institute of Real Estate Management's EIN?
Institute of Real Estate Management's EIN (Employer Identification Number) is 36-2924251. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Institute of Real Estate Management's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.