Nonprofit · EIN 36-6214767
INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS
Also known as IREM
Tax-exempt · CHICAGO, IL 60611
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $14,429,988 | $14,330,100 | $99,888 | $12,500,170 | $6,385,213 | $6,114,957 |
| December 31, 2024 | 990 | $14,133,870 | $14,186,333 | -$52,463 | $9,241,977 | $3,663,045 | $5,578,932 |
| December 31, 2023 | 990 | $14,110,208 | $13,889,329 | $220,879 | $10,227,366 | $4,666,433 | $5,560,933 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $414,378
- Program service revenue
- $13,036,962
- Investment income
- $479,358
- Royalties
- $90,267
- Net gain from sales of assets
- $141,479
- Other revenue
- $499,290
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,351,546
- Other salaries and wages
- $4,795,199
- Salaries, compensation and benefits (total)
- $7,713,127
- Professional fundraising fees
- $0
- Accounting fees
- $45,920
- Occupancy
- $399,508
- Travel
- $538,557
- Depreciation
- $254,496
Balance sheet and other
- Total assets, start of year
- $9,241,977
- Total assets, end of year
- $12,500,170
- Total liabilities, end of year
- $6,385,213
- Net assets, end of year
- $6,114,957
- Land, buildings and equipment
- $1,067,776
- Publicly traded securities
- $7,786,217
- Net assets without donor restrictions
- $6,114,957
- Gross unrelated business income
- $35,960
- Gross receipts
- $18,632,068
- Employees
- 68
- Volunteers
- 350
- Year formed
- 1933
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ZACHARIAH WAHLQUIST | EVP AND CEO (FROM 01/21/25) Officer | 45 | $300,900 | $55,756 |
| LYNN DISBROW | COO Key employee | 45 | $224,052 | $33,278 |
| CHRISTOPHER MIGALA | CFAO Officer | 45 | $205,015 | $49,864 |
| WENDY BECKER | CPO Key employee | 45 | $217,663 | $23,551 |
| BRIDGET TERRONES | VICE-PRESIDENT, MARKETING Key employee | 45 | $175,001 | $27,467 |
| ALEX LEVIN | SR. DIRECTOR, TECHNOLOGY & COM Highest-paid employee | 45 | $159,278 | $36,185 |
| JOEL LOUGHMAN | DIRECTOR, ASSOCIATION MANAGEME Highest-paid employee | 45 | $144,774 | $24,094 |
| LILLIANE SMOTHERS | SR. DIRECTOR, MEMBERSHIP & CHAPTERS Highest-paid employee | 45 | $140,946 | $25,487 |
| LEAH MISBIN | SR. DIRECTOR, INTERNATIONAL PROGRAMS Highest-paid employee | 45 | $129,030 | $34,653 |
| STACY PRICHISKY | DIRECTOR, HUMAN RESOURCES Highest-paid employee | 45 | $138,954 | $24,358 |
| MARIE BERNADETTE PATTON | INTERIM CEO (THRU 01/21/25) Officer | 45 | $39,000 | $0 |
| ADAM BENOIT CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELINA SCARCELLI CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRADLEY RANDALL CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRANDEN BARKER CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHIP WATTS CPM | IREM REP TO NAR EXECUTIVE COMMITTEE Trustee or director | 1 | $0 |
| CHRISTOPHER MELLEN CPM ARM | IREM FOUNDATION PRES. (FROM 01/25) Trustee or director | 1 | $0 |
| DAWN CARPENTER CPM | PRESIDENT Trustee or director, Officer | 25 | $0 |
| DEBORAH PHILLIPS CPM | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH EKRE CPM | IMMEDIATE PAST PRESIDENT Trustee or director | 10 | $0 |
| JASON JACKSON CPM ARM | DIRECTOR Trustee or director | 1 | $0 |
| KAREN PHARR CPM | DIRECTOR Trustee or director | 1 | $0 |
| KIMBERLY COLLINS CPM | SECRETARY/TREASURER Trustee or director, Officer | 25 | $0 |
| MINDY GRONBECK CPM | PRESIDENT-ELECT Trustee or director, Officer | 25 | $0 |
| NICOLE LOSER CPM | DIRECTOR Trustee or director | 1 | $0 |
| RYAN HUFFMAN CPM | DIRECTOR Trustee or director | 25 | $0 |
| SHARON SIMMONS CPM | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY KRAMER CPM ARM | DIRECTOR Trustee or director | 1 | $0 |
| TONI HARRIS CPM ARM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA CARADINE-POINSETT | EVP AND CEO (THRU 5/17/24) Officer | 45 | $256,957 | $41,511 |
| CHRISTOPHER MIGALA | CFAO Officer | 45 | $213,623 | $45,767 |
| WENDY BECKER | CPO Key employee | 45 | $212,131 | $45,330 |
| LYNN DISBROW | COO Key employee | 45 | $215,715 | $30,925 |
| BRIDGET TERRONES | VICE-PRESIDENT, MARKETING Key employee | 45 | $180,405 | $18,041 |
| MARIE BERNADETTE PATTON | INTERIM CEO (FROM 5/20/24) Officer | 45 | $190,312 | $0 |
| ALEX LEVIN | SR. DIRECTOR, TECHNOLOGY & COM Highest-paid employee | 45 | $150,233 | $34,387 |
| JOEL LOUGHMAN | DIRECTOR, ASSOC. MANAGEMENT Highest-paid employee | 45 | $141,592 | $23,721 |
| LEAH MISBIN | SR. DIRECTOR, INTERNATIONAL PROGRAMS Highest-paid employee | 45 | $130,009 | $33,718 |
| LILLIANE SMOTHERS | SR. DIRECTOR, MEMBERSHIP & CHAPTERS Highest-paid employee | 45 | $140,000 | $23,314 |
| STACY PRICHISKY | DIRECTOR, HUMAN RESOURCES Highest-paid employee | 45 | $136,556 | $23,567 |
| ELIZABETH EKRE CPM | IREM PRESIDENT Trustee or director, Officer | 25 | $0 | $0 |
| DAWN CARPENTER CPM | IREM PRESIDENT ELECT Trustee or director, Officer | 25 | $0 | $0 |
| MINDY GRONBECK CPM | IREM SECRETARY TREASURER Trustee or director, Officer | 25 | $0 | $0 |
| BRAD ASHLEY CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRANDEN BARKER CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM BENOIT CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIMBERLY COLLINS CPM | DIRECTOR Trustee or director | 25 | $0 | $0 |
| TONI HARRIS CPM ARM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEE HEADLEY CPM | FOUNDATION PRESIDENT Trustee or director | 1 | $0 | $0 |
| RYAN HUFFMAN CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SIDNEY INGELSON CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON JACKSON CPM ARM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY KRAMER CPM ARM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN PHARR CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBORAH PHILLIPS CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE SAVAGE CPM | IREM PAST PRESIDENT Trustee or director | 10 | $0 | $0 |
| SHARON SIMMONS CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHIP WATTS CPM | NAR REP TO IREM BOARD Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA CARADINE-POINSETT | EVP AND CEO Officer | 45 | $347,432 | $36,261 |
| CHRISTOPHER MIGALA | CFAO Officer | 45 | $203,275 | $41,711 |
| WENDY BECKER | CPO Key employee | 45 | $201,787 | $41,226 |
| LYNN DISBROW | COO Key employee | 45 | $204,773 | $29,325 |
| ALEX LEVIN | SR. DIRECTOR, TECHNOLOGY & COM Highest-paid employee | 45 | $143,648 | $31,912 |
| BRIDGET TERRONES | VICE-PRESIDENT, MARKETING Highest-paid employee | 45 | $150,187 | $15,019 |
| JOEL LOUGHMAN | DIRECTOR, ASSOC. MANAGEMENT Highest-paid employee | 45 | $140,974 | $23,104 |
| STACY PRICHISKY | DIRECTOR, HUMAN RESOURCES Highest-paid employee | 45 | $130,508 | $22,375 |
| LILLIANE SMOTHERS | SR. DIRECTOR, MEMBERSHIP AND CHAPTERS Highest-paid employee | 45 | $132,354 | $11,653 |
| BRAD ASHLEY CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRANDEN BARKER CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARRY BLANTON CPM | IREM PAST PRESIDENT Trustee or director | 10 | $0 | $0 |
| DAWN CARPENTER CPM | IREM SECRETARY TREASURER Trustee or director, Officer | 25 | $0 | $0 |
| GERGORY CICHY CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIMBERLY COLLINSCPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WALTER CRUMPLER CPM | FOUNDATION PRESIDENT Trustee or director | 1 | $0 | $0 |
| ELIZABETH EKRE CPM | IREM PRESIDENT ELECT Trustee or director, Officer | 25 | $0 | $0 |
| MINDY GRONBECK CPM | DIRECTOR Trustee or director | 25 | $0 | $0 |
| TONI HARRISCPM ARM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN HUFFMAN CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SIDNEY INGELSON CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY KRAMER CPM ARM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBORAH PHILLIPS CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHANIECE SANFORD CPM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE SAVAGE CPM | IREM PRESIDENT Trustee or director, Officer | 25 | $0 | $0 |
| SHARON SIMMONS CPM | ADVISOR TO IREM BOARD Trustee or director | 1 | $0 | $0 |
| CHIP WATTS CPM | NAR REP TO IREM BOARD Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 430 N MICHIGAN AVE 750, CHICAGO, IL 60611-4011
- In care of
- % CHRISTOPHER MIGALA
- Principal officer (990 for 2025)
- CHRISTOPHER MIGALA, 430 N MICHIGAN AVE 750, CHICAGO, IL 606114090
- Signed the 990
- CHRISTOPHER MIGALA, CFAO
- Phone
- (800) 837-0706
- Website
- WWW.IREM.ORG
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
IREM LEADS THE PROFESSION OF REAL ESTATE MANAGEMENT BY PROVIDING UNPARALLELED EDUCATION AND CERTIFICATIONS, UPHOLDING ETHICAL STANDARDS, AND CONNECTING A GLOBAL COMMUNITY OF PEERS.
Program accomplishments
- CONDUCT COURSES IN PROPERTY MANAGEMENT FOR A TOTAL OF 7,900 STUDENTS.
- ISSUED AND MAINTAINED CERTIFICATIONS FOR OVER 10,000 INDIVIDUALS AND 400 PROPERTIES WORLDWIDE.
- OFFERED MEETINGS FOR THE MUTUAL EXCHANGE OF PROFESSIONAL INFORMATION FOR THE BENEFIT OF THE MEMBERSHIP.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6214767
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47Z)
- Group exemption
- 3002 (66 member organizations)
- Assets (IRS master file)
- $12,500,170
- Income (IRS master file)
- $18,632,068
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $14,429,988 | $14,330,100 | $12,500,170 | XML |
| 990 | December 2024 | $14,133,870 | $14,186,333 | $9,241,977 | XML |
| 990 | December 2023 | $14,110,208 | $13,889,329 | $10,227,366 | XML |
| 990 | December 2022 | $12,623,789 | $13,177,620 | $10,259,836 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-6214767).
Questions about INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS
- What is the EIN of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS?
- The employer identification number (EIN) of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS is 36-6214767.
- Is INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1976.
- Are donations to INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS?
- The 990 for the year ended December 31, 2025 names CHRISTOPHER MIGALA.
- Who are the officers and directors of INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS?
- The 990 for the year ended December 31, 2025 lists 29 people; 11 received compensation from the organization, the highest $300,900 (ZACHARIAH WAHLQUIST, EVP AND CEO (FROM 01/21/25)).
- How much revenue does INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $14,429,988, expenses of $14,330,100 and total assets of $12,500,170 at year end.
Organizations in its group exemption (66)
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203877 · HOUSTON, TX · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 80-0965305 · NEWPORT BEACH, CA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0204245 · WASHINGTON TOWNSHIP, NJ · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 95-2384317 · BURBANK, CA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203825 · SCITUATE, MA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0204248 · OAK BROOK, IL · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 47-1421096 · GAITHERSBURG, MD · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203840 · CHANDLER, AZ · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 46-5094961 · AUSTIN, TX · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 47-1691592 · INDIANAPOLIS, IN · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATIONAL ASSOCIATION OF REA EIN 75-2354417 · PLANO, TX · last filed 990 for 2024
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF THE REALTORS EIN 51-0204223 · DUBLIN, OH · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT NATL ASSN OF REALTORS EIN 51-0203837 · LEMOYNE, PA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203899 · SAN DIEGO, CA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0221202 · ATLANTA, GA · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203836 · MONROVIA, MD · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0203941 · HONOLULU, HI · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 52-1200100 · MONROVIA, MD · last filed 990 for 2025
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 51-0204266 · KANSAS CITY, MO · last filed 990 for 2024
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS EIN 23-7453803 · OWINGS MILLS, MD · last filed 990 for 2024
Other nonprofits in CHICAGO
- COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC EIN 36-2597741 · last filed 990 for 2025
- DEVELOPMENT NOW FOR CHICAGO EIN 87-3817002 · last filed 990 for 2024
- AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION EIN 20-0487810 · last filed 990 for 2024
- HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY EIN 36-3906745 · last filed 990 for 2022
- SOCIETY OF ACTUARIES PROFESSIONAL ASSOCIATION EIN 83-4526499 · last filed 990 for 2024
- IFF EIN 36-3656836 · last filed 990 for 2025
- CHICAGO COMMUNITY LOAN FUND EIN 36-3762123 · last filed 990 for 2025
- MIDWAY AIRLINES TERMINAL CONSORTIUM EIN 36-4191134 · last filed 990 for 2024
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