Institute of Real Estate Management of the Natl Assn of Realtors

501(c)(6) organization Scituate, MA EIN: 51-0203825

To facilitate the development of technical and educational materials for the field of real estate management and organize and conduct educational opportunities for the profession and general public under the direction and supervision of the institute of real estate management.

Institute of Real Estate Management of the Natl Assn of Realtors at a glance

In short: Institute of Real Estate Management of the Natl Assn of Realtors gave $27K across 1 grant in 2025 (avg $27K), mostly in Illinois. Source: 2025 IRS Form 990.

Annual giving (2025)
$27,000
+170.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$27,000
+170.0% vs 2024
Median grant
$27,000
Total assets
$462,170
-2.8% vs 2024
Primary geography
Illinois (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

Who Institute of Real Estate Management of the Natl Assn of Realtors funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Institute of Real Estate Management Foundation: $27KInstitute of Real EstateManagement Foundation$27K

The largest 2025 recipient was Institute of Real Estate Management Foundation ($27K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Chicago

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 0 grants2021 0 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2023 to 2025, annual grant giving ranged from $10K (2024) to $27K (2025). In 2025 it made 1 grant totaling $27K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Institute of Real Estate Management Foundation Chicago, ILEducation for Members$27,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$462,170$500,226$496,605$27,0001$7,720
2024$475,337$470,059$417,542$10,0001$10,899
2023$412,672$414,104$428,051$12,5001$3,343
2022$436,607$389,050$344,518——$39
2021$393,485$362,662$287,029———
2020$297,745$379,624$290,953———

About Institute of Real Estate Management of the Natl Assn of Realtors

Based on IRS filings

Institute of Real Estate Management of the Natl Assn of Realtors is a public charity focused on Community Improvement & Capacity Building, based in Scituate, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $462K in total assets. In 2025, it awarded 1 grant totaling $27K. Net investment income was $8K.

Leadership & Key People

Officers and directors from IRS filings

Institute of Real Estate Management of the Natl Assn of Realtors is led by Kelley Hannon, Executive Director since 2022 (on filings since 2020); 2 of 16 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kelley Hannon

    Executive Director

    Association Executive → Executive Director, 2022

    On filings since 2020

    40 hrs/week

    $115K (2020) → $160K (2025)

  • Tony Susi

    President

    Treasurer → Vice President, 2024

    Vice President → President, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher E. Mellen

    Executive Councilor

    On filings since 2020

    1 hr/week

    $13K (2022) → $12K (2025)

  • Chris Salamanis

    Executive Councilor

    Treasurer → Vice President, 2023

    Vice President → Executive Councilor, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Barrett

    Executive Councilor

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Parda

    Treasurer

    Executive Councilor → Sectretary, 2024

    Sectretary → Treasurer, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly Parker

    Executive Councilor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kristin Pine

    Executive Councilor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nancy Gaudet

    Executive Councilor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter Lewis

    Executive Councilor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott Chakoutis

    Secretary

    Executive Councilor → Secretary, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • William Woodward

    Executive Councilor

    Vice President → President, 2023

    President → Executive Councilor, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Yoany Vargas

    Vice President

    Sectretary → Treasurer, 2024

    Treasurer → Vice President, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Frank Cevetello

    Executive Councilor

    On filings since 2021

    1 hr/week

    No compensation reported

  • Colleen Costa

    Executive Councilor

    On filings since 2024

    1 hr/week

    No compensation reported

  • Craig Chisholm

    Executive Councilor

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (11)
  • Former: Melissa Fish-Crane (2020–2024) — Executive Councilor
  • Former: Laurie McGrath (2023–2024) — Former Executive Councilor
  • Former: Robert Phillips (2022–2023) — Former Executive Councilor
  • Former: Pamelia Haynes (2020–2022) — Executive Councilor
  • Former: Warren Lizio (2020–2022) — Executive Councilor
  • Former: Gregg W. Jenner (2020–2021) — Former Executive Councilor
  • Former: Neilie Sequeria (2020–2021) — Vice President
  • Former: Erin Rodriguez (2020) — Executive Councilor
  • Former: Nancy Reno (2020) — Executive Councilor
  • Former: Philip Renzi (2020) — Treasurer
  • Former: Tracey Sommers (2020) — Executive Councilor

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Kelley Hannon — Executive Director: $160KKelley HannonExecutive Director$160KChristopher E Mellen — Executive Councilor: $12KChristopher E MellenExecutive Councilor$12K

The highest reported compensation on the 2025 filing was $160K, to Kelley Hannon (Executive Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Institute of Real Estate Management of the Natl Assn of Realtors

How much does Institute of Real Estate Management of the Natl Assn of Realtors give each year?

Institute of Real Estate Management of the Natl Assn of Realtors gave $27K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10K across 1 grant.

How large is Institute of Real Estate Management of the Natl Assn of Realtors?

Institute of Real Estate Management of the Natl Assn of Realtors reported $462K in total assets on its 2025 IRS Form 990. Its revenue that year was $500K.

What is Institute of Real Estate Management of the Natl Assn of Realtors?

Institute of Real Estate Management of the Natl Assn of Realtors is a public charity focused on Community Improvement & Capacity Building, based in Scituate, MA. It holds $462K in total assets as of 2025.

Where does Institute of Real Estate Management of the Natl Assn of Realtors operate?

Institute of Real Estate Management of the Natl Assn of Realtors has awarded grants in Illinois.

What is Institute of Real Estate Management of the Natl Assn of Realtors's EIN?

Institute of Real Estate Management of the Natl Assn of Realtors's EIN (Employer Identification Number) is 51-0203825. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Institute of Real Estate Management of the Natl Assn of Realtors's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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