2026-04-03T16:32:01-05:00 2025-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2025-01-01 510203825 INSTITUTE OF REAL ESTATE MANAGEMENT BOSTON METROPOLITAN CHAPTER NO 4 INST 6174367565 5 WAMPATUCK WAY SCITUATE MA 02066 ANTHONY SUSI PRESIDENT 6174367565 2026-04-03 1 LINDA M SMITH CPA P00316105 5088717178 2026-03-31 2025 2025-03-06 01:10:19Z ANTHONY SUSI 5 WAMPATUCK WAY SCITUATE MA 02066 545457 0 X WWW.IREMBOSTON.ORG X 1945 MA 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. 15 14 1 0 0 0 3550 4075 403112 445223 10899 7720 52498 43208 470059 500226 10518 27000 0 0 181268 186004 0 0 49549 225756 283601 417542 496605 52517 3621 475337 462170 58056 41268 417281 420902 X 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. 0 0 335970 27000 445223 VARIOUS SEMINARS AND COURSES TO PROVIDE MEMBERS WITH UPDATED EDUCATION IN THE FIELD OF REAL ESTATE MANAGEMENT. DINNER MEETINGS FOR MEMBERS RELATED DIRECTLY TO THE ORGANIZATION'S EXEMPT PURPOSES OF PROVIDING MEMBERS EDUCATION IN THE FIELD OF REAL ESTATE MANAGEMENT. SERVICES OF THE OFFICERS AND VARIOUS OTHER MEMBERS ARE DONATED IN ORDER TO ACCOMPLISH THE ORGANIZATION'S EXEMPT FUNCTIONS AND TO ADMINISTER ITS EXEMPT ACTIVITIES. 335970 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 6 0 1 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X KELLEY HANNON 6174367565 5 WAMPATUCK WAY SCITUATE MA 02066 CHRISTOPHER E MELLEN EXECUTIVE COUNCILOR 1.00 X 12025 0 0 WILLIAM WOODWARD EXECUTIVE COUNCILOR 1.00 X 0 0 0 TONY SUSI PRESIDENT 1.00 X X 0 0 0 YOANY VARGAS VICE PRESIDENT 1.00 X X 0 0 0 JOHN PARDA TREASURER 1.00 X X 0 0 0 KRISTIN PINE EXECUTIVE COUNCILOR 1.00 X 0 0 0 KIMBERLY PARKER EXECUTIVE COUNCILOR 1.00 X 0 0 0 CHRIS SALAMANIS EXECUTIVE COUNCILOR 1.00 X 0 0 0 SCOTT CHAKOUTIS SECRETARY 1.00 X X 0 0 0 DAVID BARRETT EXECUTIVE COUNCILOR 1.00 X 0 0 0 PETER LEWIS EXECUTIVE COUNCILOR 1.00 X 0 0 0 COLLEEN COSTA EXECUTIVE COUNCILOR 1.00 X 0 0 0 NANCY GAUDET EXECUTIVE COUNCILOR 1.00 X 0 0 0 FRANK CEVETELLO EXECUTIVE COUNCILOR 1.00 X 0 0 0 CRAIG CHISHOLM EXECUTIVE COUNCILOR 1.00 X 0 0 0 KELLEY HANNON EXECUTIVE DIRECTOR 40.00 X 160354 0 0 172379 0 0 1 0 1 0 0 4075 4075 EDUCATION AND MEETING 531390 317912 317912 MEMBERSHIP DUES 531390 100311 100311 FRIENDS OF IREM SERVIC 531390 27000 27000 445223 7720 7720 88439 4075 45231 43208 43208 500226 445223 0 50928 27000 27000 173430 84657 48422 40351 12574 5658 3772 3144 13368 13368 7516 7516 8419 8419 34576 9162 20325 5089 27718 27718 4588 1620 2068 900 25041 25041 147481 147481 2720 2720 259 117 77 65 MISCELLANEOUS 7388 7388 CREDIT LOSSES 4527 4527 496605 335970 111086 49549 149595 69025 293768 351442 10662 19627 19280 18631 4133 688 2032 3445 475337 462170 9057 9559 48999 31709 58056 41268 X 417281 420902 417281 420902 475337 462170 3621 0 X 1 X 0 0 0 0 1 0 4133 688 3445 3445 X PART X, LINE 2: TAX POSITION: THE INSTITUTE CURRENTLY EVALUATES ALL TAX POSITIONS AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE INSTITUTE ARE THE NONEXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE INSTITUTE'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(6). FOR THE YEARS PRESENTED, THE INSTITUTE HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. GOLF TOURNAMENT 92514 4075 88439 2708 21205 20268 1050 92514 4075 88439 2708 21205 20268 1050 45231 43208 1 INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION 430 NORTH MICHIGAN AVE SUITE 500 CHICAGO IL 60601 362924251 501C3 27000 0 EDUCATION FOR MEMBERS 1 0 PART I, LINE 2: GRANTS AND CONTRIBUTIONS ARE PROVIDED TO OUR NATIONAL ASSOCIATION'S CHARITABLE FOUNDATION, WHICH OVERSEES THE ADMINISTRATION OF THE SCHOLARSHIPS AWARDED. X 0 0 0 KELLEY HANNON EXECUTIVE DIRECTOR 150354 0 10000 0 0 0 0 0 0 0 160354 0 0 0 GRANITE LINKS GOLF CLUB ORGANIZATION PARTIALLY OWNED BY THE SPOUSE OF THE EXECUTIVE DIRECTOR 58852 FACILITY AND EVENT COSTS RELATED TO A RANGE OF ORGANIZATIONAL ACTIVITIES INCLUDING FUNDRAISING EVENTS, DINNERS, BUSINESS AND BOARD OF DIRECTORS MEETINGS, ECONOMIC FORECAST GATHERINGS, AND EDUCATIONAL CONFERENCES. 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS HOLDING GOOD STANDING MEMBERSHIP IN THE INSTITUTE OF REAL ESTATE MANAGEMENT ARE ELIGIBLE TO BE MEMBERS OF THE IREM BOSTON CHAPTER. ALL CHAPTER MEMBERS WITH INDUSTRY SPECIFIC DESIGNATIONS AS SPECIFIED IN THE BYLAWS SHALL BE VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBERS ELECT THE OFFICERS AND DIRECTORS OF THE CHAPTER FOLLOWING A PROTOCOL SET FORTH BY A NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES AND EMPLOYEES OF THE ORGANIZATION. SELECTED BOARD MEMBERS MEET AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS, AS APPROPRIATE. A PERFORMANCE EVALUATION IS CONDUCTED AND REVIEWED ON AN ANNUAL BASIS AND IS INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FOLLOWING THIS REVIEW, COMPENSATIONS ARE APPROVED FOR SELECTED KEY EXECUTIVES AND EMPLOYEES, BASE SALARIES AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS, AND OBJECTIVES AND GOALS FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MAINTAINED AT THE INSTITUTES OFFICE AND ARE AVAILABLE FOR PUBLIC INSPECTION.