Portland Metropolitan Association of Rea
The core purpose of the portland metropolitan association of realtors is to promote and enhance the realtor member's ability to conduct business ethically, professionally, and profitably while exhibiting a high standard of business etiquette.
Portland Metropolitan Association of Rea at a glance
In short: Portland Metropolitan Association of Rea gave $126K across 5 grants in 2024 (avg $25K), mostly in Oregon. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $126,300
- +48.6% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $25,260
- -10.8% vs 2023
- Median grant
- $25,000
- Total assets
- $17,854,160
- +6.2% vs 2023
- Primary geography
- Oregon (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Portland Metropolitan Association of Rea funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was North Plaines 1ST Pac ($53K). Together the top 5 received $126K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 13 grants of 15 (87%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Portland Metropolitan Association of Rea gives
- Giving grew 261% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $20K (2019) to $126K (2024). In 2024 it made 5 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Plaines 1ST Pac Portland, OR | Campaign contribution for the 'yes' for north plains mobilization | $52,500 |
| United for Portland Action Fund Portland, OR | To collaborate with business coalition partners to recruit, train, and support candidates running for office in the city of portland, multnomah, clackamas & Washington counties and regional government metro. | $30,000 |
| Realtors Relief Foundation Chicago, IL | To Provide Housing-Related Assistance to Victims of Disaster. | $25,000 |
| Rpac Nar Corporate Ally Program Salem, OR | To help promote targeted advocacy for the real estate industry | $10,000 |
| No Costly Mandates Portland, OR | Campaign Contribution for the 'No' on Mandate 36-253 | $8,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $17,854,160 | $3,192,208 | $2,041,895 | $126,300 | 5 | $96,246 |
| 2023 | $16,816,191 | $2,876,385 | $2,053,404 | $85,000 | 3 | $76,976 |
| 2022 | $16,066,441 | $1,568,864 | $1,762,310 | $60,000 | 3 | $5,941 |
| 2021 | $15,711,634 | $4,122,851 | $1,873,442 | $35,000 | 2 | $10,836 |
| 2020 | $13,468,991 | $3,564,511 | $1,840,533 | $30,000 | 2 | $32,249 |
| 2019 | $2,827,830 | $2,325,119 | $1,985,789 | $20,000 | 1 | $33,348 |
About Portland Metropolitan Association of Rea
Based on IRS filings
Portland Metropolitan Association of Rea is a public charity, based in Portland, OR. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $17.9M in total assets. In 2024, it awarded 5 grants totaling $126K. Net investment income was $96K.
Leadership & Key People
Officers and directors from IRS filings
Portland Metropolitan Association of Rea is led by Michele Holen, CEO since 2023 (on filings since 2019); 2 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michele Holen
CEO
CEO → COO, 2022
COO → CEO, 2023
On filings since 2019
37.5 hrs/week
$151K (2019) → $230K (2024)
Lindsey Culver
President
Vice President of Realtor Advocacy → President Elect, 2023
President Elect → President, 2024
On filings since 2019
1 hr/week
No compensation reported
Michele Gila
Director of Realtor Advoca
Director of Realtor Advocacy → Director of Realtor Advoca, 2023
On filings since 2021
37.5 hrs/week
$86K (2021) → $122K (2024)
Jan Cullivan
Director
On filings since 2019
1 hr/week
No compensation reported
Lisa Albrecht
Director
Vice President of Professional Development → Vice President of Finance, 2022
Vice President of Finance → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Caitlin Williams
Director
On filings since 2020
1 hr/week
No compensation reported
Rochelle Yukich
Director
On filings since 2020
1 hr/week
No compensation reported
Eric Hagstette
Director
On filings since 2021
1 hr/week
No compensation reported
Donald Falk
Director
On filings since 2022
1 hr/week
No compensation reported
Allie Greiner
Director
Vice President of Member Services → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Evan Swanson
Director
On filings since 2023
1 hr/week
No compensation reported
Gabriela Mann
Director
On filings since 2023
1 hr/week
No compensation reported
Joanne Sterling
Director
On filings since 2023
1 hr/week
No compensation reported
Maabi Munoz
Director
On filings since 2023
1 hr/week
No compensation reported
Alex Phan
Director
New on the 2024 filing
1 hr/week
No compensation reported
Sarah Malarkey
Director
New on the 2024 filing
1 hr/week
No compensation reported
Tyler King
Director
New on the 2024 filing
1 hr/week
No compensation reported
Robert Delavan
Vice President of Finance
Director → Vice President of Finance, 2024
On filings since 2022
1 hr/week
No compensation reported
Tony Kelly
Immediate Past President
President Elect → President, 2023
President → Immediate Past President, 2024
On filings since 2022
1 hr/week
No compensation reported
Amy Walsh
Vice President of Member Servcies
Director → Vice President of Member Servcies, 2024
On filings since 2023
1 hr/week
No compensation reported
Cindy Thackery
President Elect
Vice President of Professional Development → President Elect, 2024
On filings since 2023
1 hr/week
No compensation reported
Javier Alomia
Vice President of Professional Development
Vice President of Realtor Advocacy → Vice President of Professional Development, 2024
On filings since 2023
1 hr/week
No compensation reported
Todd Adams
Vice President of Realtor Advocacy
Director → Vice President of Realtor Advocacy, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (39)
- Former: Patricia Kirk (2019–2023) — Director
- Former: E. Letty Merritt (2020–2023) — CFO
- Former: Scott Halligan (2020–2023) — Immediate Past President
- Former: Lauren Perreault (2021–2023) — Director
- Former: Steven Tran (2023) — Director
- Former: Katherine Querin (2019–2022) — CEO
- Former: Tony Polito (2019–2022) — Director
- Former: David Sly (2020–2022) — Director
- Former: Allison Buchman (2021–2022) — Vice President of Member Services
- Former: Diana Colin (2021–2022) — President
- Former: Barbara Canaday (2022) — Director
- Former: Ed Petrossian (2022) — Director
- Former: Brian Houston (2019–2021) — Director
- Former: Ernie Coufal (2019–2021) — Director
- Former: Franki Keefe (2019–2021) — Director
- Former: Jessica Tindell (2019–2021) — President
- Former: Laurie Thiel (2019–2021) — Immediate Past President
- Former: Whitney Minnich (2019–2021) — Vice President of Realtor Advocacy
- Former: Danielle Bade (2020–2021) — Director
- Former: Deborah Runnion-Jessup (2021) — Director
- Former: Heather Egan (2021) — Director
- Former: Michelle Chao (2021) — Director
- Former: Michelle Hutton (2021) — Director
- Former: Alan Mehrwein (2019–2020) — Director
- Former: Brian Matza (2019–2020) — Director
- Former: Diana McCredie (2019–2020) — Director
- Former: Drew Coleman (2019–2020) — Immediate Past President
- Former: John Sieling (2019–2020) — Director
- Former: Michael Babbitt (2019–2020) — Vice President of Realtor Advocacy
- Former: Ernest Cooper (2020) — Director
- Former: Lindsay Wilson (2020) — Director
- Former: Tim Vergano (2020) — Director
- Former: Anne Udall (2019) — Ex-Officio
- Former: Ben Matson (2019) — Affiliate Director
- Former: Edward Petrossian (2019) — Past President
- Former: Jane Leo (2019) — Former Director of Realtor Advocacy
- Former: Kathleen O'Donnell (2019) — Director
- Former: Kerri Hartnett (2019) — Director
- Former: Lisa Gardner (2019) — Ex-Officio
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $230K, to Michele Holen (CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Portland Metropolitan Association of Rea
How much does Portland Metropolitan Association of Rea give each year?
Portland Metropolitan Association of Rea gave $126K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $85K across 3 grants.
What is Portland Metropolitan Association of Rea's typical grant size?
Portland Metropolitan Association of Rea's median grant in 2024 was $25,000, and its average grant was $25,260, across 5 grants on its 2024 IRS Form 990.
Where does Portland Metropolitan Association of Rea give grants?
Portland Metropolitan Association of Rea gives mostly in Oregon: 80% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Illinois (20%). The most frequent recipient cities were Portland, OR (3 grants).
Does Portland Metropolitan Association of Rea give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Portland Metropolitan Association of Rea's 2024 IRS Form 990 were described as general or operating support.
Who are Portland Metropolitan Association of Rea's largest grantees?
Portland Metropolitan Association of Rea's largest 2024 grantees include North Plaines 1ST Pac ($52,500), United for Portland Action Fund ($30,000) and Realtors Relief Foundation ($25,000), according to its 2024 IRS Form 990. Together they received 85% of its itemized 2024 grant dollars.
How large is Portland Metropolitan Association of Rea?
Portland Metropolitan Association of Rea reported $17.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.2M.
What is Portland Metropolitan Association of Rea's EIN?
Portland Metropolitan Association of Rea's EIN (Employer Identification Number) is 93-6031951. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 8, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS September 24, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Portland Metropolitan Association of Rea's focus areas in our free grants database
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Portland Metropolitan Association of Rea down — hundreds of funders to go?