Nonprofit · EIN 51-0203825
INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS
Also known as 4 BOSTON METROPOLITAN
Tax-exempt · SCITUATE, MA 02066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $500,226 | $496,605 | $3,621 | $462,170 | $41,268 | $420,902 |
| December 31, 2024 | 990 | $470,059 | $417,542 | $52,517 | $475,337 | $58,056 | $417,281 |
| December 31, 2023 | 990 | $414,104 | $428,051 | -$13,947 | $412,672 | $47,908 | $364,764 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,075
- Program service revenue
- $445,223
- Investment income
- $7,720
- Net income from fundraising events
- $43,208
- Other revenue
- $43,208
Expenses
- Grants and similar amounts paid
- $27,000
- Compensation of officers, directors and key employees
- $173,430
- Salaries, compensation and benefits (total)
- $186,004
- Professional fundraising fees
- $0
- Accounting fees
- $13,368
- Occupancy
- $4,588
- Travel
- $25,041
- Depreciation
- $2,720
- Program services (functional)
- $335,970
- Management and general (functional)
- $111,086
- Fundraising (functional)
- $49,549
Balance sheet and other
- Total assets, start of year
- $475,337
- Total assets, end of year
- $462,170
- Total liabilities, end of year
- $41,268
- Net assets, end of year
- $420,902
- Land, buildings and equipment
- $3,445
- Net assets without donor restrictions
- $420,902
- Gross receipts
- $545,457
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1945
- State of legal domicile
- MA
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 |
|---|---|---|---|
| KELLEY HANNON | EXECUTIVE DIRECTOR Officer | 40 | $160,354 |
| CHRISTOPHER E MELLEN | EXECUTIVE COUNCILOR Trustee or director | 1 | $12,025 |
| WILLIAM WOODWARD | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| TONY SUSI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| YOANY VARGAS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN PARDA | TREASURER Trustee or director, Officer | 1 | $0 |
| KRISTIN PINE | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| KIMBERLY PARKER | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| CHRIS SALAMANIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| SCOTT CHAKOUTIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| DAVID BARRETT | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| PETER LEWIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| COLLEEN COSTA | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| NANCY GAUDET | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| FRANK CEVETELLO | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG CHISHOLM | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLEY HANNON | EXECUTIVE DIRECTOR Officer | 40 | $153,194 |
| CHRISTOPHER E MELLEN | EXECUTIVE COUNCILOR Trustee or director | 1 | $14,300 |
| WILLIAM WOODWARD | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TONY SUSI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| YOANY VARGAS | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN PARDA | SECTRETARY Trustee or director, Officer | 1 | $0 |
| MELISSA FISH-CRANE | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| KRISTIN PINE | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| KIMBERLY PARKER | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| CHRIS SALAMANIS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SCOTT CHAKOUTIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| DAVID BARRETT | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| PETER LEWIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| COLLEEN COSTA | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| NANCY GAUDET | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| FRANK CEVETELLO | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| LAURIE MCGRATH | FORMER EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLEY HANNON | EXECUTIVE DIRECTOR Officer | 40 | $156,975 |
| CHRISTOPHER E MELLEN | EXECUTIVE COUNCILOR Trustee or director | 1 | $12,950 |
| TONY SUSI | TREASURER Trustee or director, Officer | 1 | $0 |
| MELISSA FISH-CRANE | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| WILLIAM WOODWARD | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KRISTIN PINE | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| JOHN PARDA | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| KIMBERLY PARKER | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| CHRIS SALAMANIS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SCOTT CHAKOUTIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| YOANY VARGAS | SECTRETARY Trustee or director, Officer | 1 | $0 |
| DAVID BARRETT | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| PETER LEWIS | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| NANCY GAUDET | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| FRANK CEVETELLO | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| ROBERT PHILLIPS | FORMER EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
| LAURIE MCGRATH | EXECUTIVE COUNCILOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5 WAMPATUCK WAY, SCITUATE, MA 02066-2951
- Principal officer (990 for 2025)
- ANTHONY SUSI, 5 WAMPATUCK WAY, SCITUATE, MA 02066
- Signed the 990
- ANTHONY SUSI, PRESIDENT
- Phone
- (617) 436-7565
- Website
- WWW.IREMBOSTON.ORG
- Return prepared by
- SMITH SULLIVAN & BROWN PC
Mission
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.
Program accomplishments
- 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.Expenses $335,970 · grants $27,000 · revenue $445,223
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
- 51-0203825
- 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)
- Assets (IRS master file)
- $462,170
- Income (IRS master file)
- $545,457
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $500,226 | $496,605 | $462,170 | XML |
| 990 | December 2024 | $470,059 | $417,542 | $475,337 | IRS |
| 990 | December 2023 | $414,104 | $428,051 | $412,672 | XML |
| 990 | December 2022 | $389,050 | $344,518 | $436,607 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 51-0203825).
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 51-0203825.
- 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 ANTHONY SUSI.
- 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 16 people; 2 received compensation from the organization, the highest $160,354 (KELLEY HANNON, EXECUTIVE DIRECTOR).
- 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 $500,226, expenses of $496,605 and total assets of $462,170 at year end.
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- SHORE ACRES IMPROVEMENT ASSOCIATION OF SCITUATE INC EIN 04-3300201 · last filed 990-N for 2023
- INLY SCHOOL INC EIN 04-2526455 · last filed 990 for 2025
- SCITUATE HARBOR YACHT CLUB EIN 04-1815705 · last filed 990 for 2025
- SOUTH SHORE PEER RECOVERY INC EIN 47-3331053 · last filed 990 for 2025
- FRIENDS OF THE SCITUATE SHELTER INC EIN 22-3051387 · last filed 990 for 2024
All nonprofits in SCITUATE · Massachusetts · Community improvement and capacity building