INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NATL ASSN OF REALTORS (EIN 36-6214767)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-13
- IRS object ID
- 202512259349302311
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-13T13:57:55-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1707 N RANDALL ROAD STE 200 | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366214767 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF REAL ESTATE MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 8008370706 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 430 N MICHIGAN AVE 500 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606114090 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER MIGALA | PersonNm |
| Person Title | CFAO | PersonTitleTxt |
| Phone | 8008370706 | PhoneNum |
| Signature | 2025-07-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 8478888600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTOPHER MIGALA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 430 N MICHIGAN AVE 500 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606114090 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,441,266 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IREM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1933 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO ADVANCE THE PROFESSION OF REAL ESTATE MANAGEMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 70 | TotalEmployeeCnt |
| Total Volunteers | 350 | TotalVolunteersCnt |
| Total Gross UBI | $34,538 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $16,052 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $449,750 | PYContributionsGrantsAmt |
| CY Contributions Grants | $487,582 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,850,732 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,677,551 | CYProgramServiceRevenueAmt |
| PY Investment Income | $298,314 | PYInvestmentIncomeAmt |
| CY Investment Income | $482,815 | CYInvestmentIncomeAmt |
| PY Other Revenue | $511,412 | PYOtherRevenueAmt |
| CY Other Revenue | $485,922 | CYOtherRevenueAmt |
| PY Total Revenue | $14,110,208 | PYTotalRevenueAmt |
| CY Total Revenue | $14,133,870 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,120,038 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,277,415 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,769,291 | PYOtherExpensesAmt |
| CY Other Expenses | $6,908,918 | CYOtherExpensesAmt |
| PY Total Expenses | $13,889,329 | PYTotalExpensesAmt |
| CY Total Expenses | $14,186,333 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $220,879 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$52,463 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,227,366 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,241,977 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,666,433 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,663,045 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,560,933 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,578,932 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ADVANCE THE PROFESSION OF REAL ESTATE MANAGEMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | CONDUCT COURSES IN PROPERTY MANAGEMENT FOR A TOTAL OF 7,700 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ISSUED AND MAINTAINED CERTIFICATIONS FOR OVER 10,000 INDIVIDUALS AND 400 PROPERTIES WORLDWIDE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFERED MEETINGS FOR THE MUTUAL EXCHANGE OF PROFESSIONAL INFORMATION FOR THE BENEFIT OF THE MEMBERSHIP. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 71 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 70 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTOPHER MIGALA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123296049 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 430 N MICHIGAN AVENUE SUITE 500 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ELIZABETH EKRE CPM | |||||||||
| IREM PRESIDENT | 25.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAWN CARPENTER CPM | |||||||||
| IREM PRESIDENT ELECT | 25.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MINDY GRONBECK CPM | |||||||||
| IREM SECRETARY TREASURER | 25.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRAD ASHLEY CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRANDEN BARKER CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ADAM BENOIT CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY COLLINS CPM | |||||||||
| DIRECTOR | 25.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TONI HARRIS CPM ARM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEE HEADLEY CPM | |||||||||
| FOUNDATION PRESIDENT | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RYAN HUFFMAN CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SIDNEY INGELSON CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON JACKSON CPM ARM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TIMOTHY KRAMER CPM ARM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN PHARR CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBORAH PHILLIPS CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RENEE SAVAGE CPM | |||||||||
| IREM PAST PRESIDENT | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHARON SIMMONS CPM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHIP WATTS CPM | |||||||||
| NAR REP TO IREM BOARD | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA CARADINE-POINSETT | |||||||||
| EVP AND CEO (THRU 5/17/24) | 45.00 | 0.00 | Yes (X) | $256,957 | $0 | $41,511 | |||
| CHRISTOPHER MIGALA | |||||||||
| CFAO | 45.00 | 0.00 | Yes (X) | $213,623 | $0 | $45,767 | |||
| MARIE BERNADETTE PATTON | |||||||||
| INTERIM CEO (FROM 5/20/24) | 45.00 | 0.00 | Yes (X) | $190,312 | $0 | $0 | |||
| WENDY BECKER | |||||||||
| CPO | 45.00 | 0.00 | $212,131 | $0 | $45,330 | Yes (X) | |||
| LYNN DISBROW | |||||||||
| COO | 45.00 | 0.00 | $215,715 | $0 | $30,925 | Yes (X) | |||
| BRIDGET TERRONES | |||||||||
| VICE-PRESIDENT, MARKETING | 45.00 | 0.00 | $180,405 | $0 | $18,041 | Yes (X) | |||
| ALEX LEVIN | |||||||||
| SR. DIRECTOR, TECHNOLOGY & COM | 45.00 | 0.00 | $150,233 | $0 | $34,387 | Yes (X) | |||
| JOEL LOUGHMAN | |||||||||
| DIRECTOR, ASSOC. MANAGEMENT | 45.00 | 0.00 | $141,592 | $0 | $23,721 | Yes (X) | |||
| LEAH MISBIN | |||||||||
| SR. DIRECTOR, INTERNATIONAL PROGRAMS | 45.00 | 0.00 | $130,009 | $0 | $33,718 | Yes (X) | |||
| LILLIANE SMOTHERS | |||||||||
| SR. DIRECTOR, MEMBERSHIP & CHAPTERS | 45.00 | 0.00 | $140,000 | $0 | $23,314 | Yes (X) | |||
| STACY PRICHISKY | |||||||||
| DIRECTOR, HUMAN RESOURCES | 45.00 | 0.00 | $136,556 | $0 | $23,567 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,967,533 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $320,281 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PERSONIFY INC | |||||
| PO BOX 759470 | BALTIMORE | MD | 21275 | ASSOCIATION MANAGEMENT | $530,144 |
| WARREN MCKENNA DESIGN GROUP INC | |||||
| 77 W WACKER DR 4500 | CHICAGO | IL | 60601 | MARKETING | $209,386 |
| LOBBY CRE LLC | |||||
| 201 RAMPART STREET | CHARLOTTE | NC | 28203 | ASSET MANAGEMENT | $204,000 |
| CLARITY TECHNICAL SOLUTIONS INC | |||||
| 23 RANCHO CIRCLE | LAKE FOREST | CA | 92630 | AUDIO VISUAL PRODUCTION | $189,149 |
| FORJ SOFTWARE INC | |||||
| 440 WELLS STREET SUITE 201 | DELAFIELD | WI | 53018 | MEMBER ENGAGEMENT PLATFORM | $163,956 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $487,582 | AllOtherContributionsAmt |
| Total Contributions | $487,582 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | 900099 | $6,789,905 | $6,789,905 | |
| LEARNING | 900099 | $3,007,638 | $3,007,638 | |
| APPLICATIONS & EXAMS | 900099 | $1,978,184 | $1,978,184 | |
| MEETINGS & CONFERENCES | 900099 | $638,192 | $638,192 | |
| PUBLISHING | 541800 | $263,632 | $229,094 | $34,538 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,677,551 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $364,929 | TotalRevenueColumnAmt |
| Exclusion | $364,929 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $66,828 | TotalRevenueColumnAmt |
| Exclusion | $66,828 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,425,282 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,307,396 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $117,886 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,886 | TotalRevenueColumnAmt |
| Exclusion | $117,886 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MANAGEMENT SERVICE CONTRACT | 900099 | $416,129 | $416,129 |
| MISC. INTERNATIONAL REVENUE | 900099 | $2,965 | $2,965 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $419,094 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,133,870 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,643,013 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $34,538 | UnrelatedBusinessRevenueAmt |
| Exclusion | $968,737 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,450,715 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,465,958 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,043 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,758 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,941 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,722 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,156 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,423 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $608,371 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $483,353 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,883 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,748 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $628,650 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,711 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,134,941 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,117 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,375 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| CHAPTER EXPENSES | $788,113 |
| MAINTENANCE AND REPAIRS | $745,049 |
| SERVICE AND ADMIN FEES | $392,770 |
| MEMBER PAYMENTS | $254,359 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $490,177 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,186,333 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $542,962 | BOYAmt |
| EOY | $609,694 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,417 | BOYAmt |
| EOY | $208,120 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,311 | BOYAmt |
| EOY | $268,601 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,238 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,314 | BOYAmt |
| EOY | $583,816 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,176,463 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,655,146 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,372 | BOYAmt |
| EOY | $521,317 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,007,637 | BOYAmt |
| EOY | $7,050,429 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $518,115 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,227,366 | BOYAmt |
| EOY | $9,241,977 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,207,108 | BOYAmt |
| EOY | $945,601 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,873,995 | BOYAmt |
| EOY | $2,717,444 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,330 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,666,433 | BOYAmt |
| EOY | $3,663,045 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,560,933 | BOYAmt |
| EOY | $5,578,932 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,560,933 | BOYAmt |
| EOY | $5,578,932 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,227,366 | BOYAmt |
| EOY | $9,241,977 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$52,463 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $70,462 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $6,789,905 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $280,380 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | -$13,596 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $266,784 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $314,048 | AggregateReportedDuesNtcAmt |
| Taxable | -$47,264 | TaxableAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $154,900 | OtherCostOrOtherBasisAmt |
| Depreciation | $144,573 | DepreciationAmt |
| Book Value | $10,327 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,977,900 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,510,573 | DepreciationAmt |
| Book Value | $467,327 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,663 | OtherCostOrOtherBasisAmt |
| Book Value | $43,663 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $521,317 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,172,909 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $70,462 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $70,462 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,102,447 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $31,423 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $31,423 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,133,870 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,154,910 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,154,910 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $31,423 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $31,423 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,186,333 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE WAS GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE PURSUANT TO THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(6). THE TAX-EXEMPT PURPOSE OF THE INSTITUTE AND THE NATURE IN WHICH IT OPERATES IS DESCRIBED IN THE FIRST PARAGRAPH OF NOTE 1. MANAGEMENT'S ASSERTION IS THAT THERE ARE NO UNCERTAIN TAX POSITIONS, AND THE INSTITUTE CONTINUES TO OPERATE IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSE. CERTAIN INSTITUTE ACTIVITIES ARE CONSIDERED TO BE UNRELATED BUSINESS INCOME WHICH IS SUBJECT TO INCOME TAXES. THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES BECAUSE THE INSTITUTE'S UNRELATED BUSINESS INCOME IS REDUCED BY RELATED EXPENSES, RESULTING IN ONLY A SMALL AMOUNT OR NO TAXABLE INCOME. THE INSTITUTE HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THE INSTITUTE WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $110,734 |
| MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $80,947 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $62,969 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $36,485 |
| RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $5,088 |
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 0 | 0 | PROGRAM SERVICES | MEMBERSHIP AND EDUCATION | $1,548 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $297,771 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $297,771 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LINDA CARADINE-POINSETT | ||||||||||||||
| EVP AND CEO (THRU 5/17/24) | $227,957 | $0 | $29,000 | $0 | $0 | $0 | $17,535 | $0 | $23,976 | $0 | $298,468 | $0 | $0 | $0 |
| CHRISTOPHER MIGALA | ||||||||||||||
| CFAO | $200,014 | $0 | $13,609 | $0 | $0 | $0 | $22,428 | $0 | $23,339 | $0 | $259,390 | $0 | $0 | $0 |
| WENDY BECKER | ||||||||||||||
| CPO | $201,122 | $0 | $11,009 | $0 | $0 | $0 | $22,179 | $0 | $23,151 | $0 | $257,461 | $0 | $0 | $0 |
| LYNN DISBROW | ||||||||||||||
| COO | $204,706 | $0 | $11,009 | $0 | $0 | $0 | $22,238 | $0 | $8,687 | $0 | $246,640 | $0 | $0 | $0 |
| BRIDGET TERRONES | ||||||||||||||
| VICE-PRESIDENT, MARKETING | $171,662 | $0 | $8,743 | $0 | $0 | $0 | $18,041 | $0 | $0 | $0 | $198,446 | $0 | $0 | $0 |
| MARIE BERNADETTE PATTON | ||||||||||||||
| INTERIM CEO (FROM 5/20/24) | $190,312 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $190,312 | $0 | $0 | $0 |
| ALEX LEVIN | ||||||||||||||
| SR. DIRECTOR, TECHNOLOGY & COM | $144,633 | $0 | $5,600 | $0 | $0 | $0 | $15,408 | $0 | $18,979 | $0 | $184,620 | $0 | $0 | $0 |
| JOEL LOUGHMAN | ||||||||||||||
| DIRECTOR, ASSOC. MANAGEMENT | $137,592 | $0 | $4,000 | $0 | $0 | $0 | $14,525 | $0 | $9,196 | $0 | $165,313 | $0 | $0 | $0 |
| LEAH MISBIN | ||||||||||||||
| SR. DIRECTOR, INTERNATIONAL PROGRAMS | $124,125 | $0 | $5,884 | $0 | $0 | $0 | $13,777 | $0 | $19,941 | $0 | $163,727 | $0 | $0 | $0 |
| LILLIANE SMOTHERS | ||||||||||||||
| SR. DIRECTOR, MEMBERSHIP & CHAPTERS | $135,917 | $0 | $4,083 | $0 | $0 | $0 | $14,627 | $0 | $8,687 | $0 | $163,314 | $0 | $0 | $0 |
| STACY PRICHISKY | ||||||||||||||
| DIRECTOR, HUMAN RESOURCES | $130,172 | $0 | $6,384 | $0 | $0 | $0 | $13,884 | $0 | $9,683 | $0 | $160,123 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | -FIRST-CLASS OR CHARTER TRAVEL: OFFICERS CAN FLY BUSINESS CLASS IF THE FLIGHT EXCEEDS THREE HOURS. -TRAVEL FOR COMPANIONS: OFFICERS BROUGHT A COMPANION ON CERTAIN BUSINESS TRIPS. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. -TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: PAYMENTS INCLUDE A GROSS-UP TO COVER THE TAX LIABILITY. |
| PART I, LINE 4A | EFFECTIVE MAY 17, 2024, LINDA CARADINE-POINSETT'S EMPLOYMENT AS THE EVP AND CEO OF THE ORGANIZATION WAS TERMINATED. A FORMAL SEVERANCE AGREEMENT WAS ENTERED INTO BY BOTH PARTIES IN WHICH IREM PAID LINDA THE EQUIVALENT TO 90 DAYS OF HER BASE SALARY AS IN EFFECT ON THE TERMINATION DATE IN LIEU OF NOTICE. THE SEVERANCE AMOUNTED TO $85,328.62 AND WAS PAID IN A LUMP SUM WITHIN 14 DAYS AFTER THE EFFECTIVE DATE. |
| PART II, LINE (1), COLUMN (C): | FOR LINDA CARADINE-POINSETT, EVP & CEO (THRU 5/17/24), IREM MADE RETIREMENT CONTRIBUTIONS TOTALING $17,535 DURING THE TAXABLE YEAR. HOWEVER, AS A RESULT OF LINDA'S SERVERANCE ON 5/17/2024, LINDA ENDED UP FORFEITING $26,770 IN NON-VESTING CONTRIBUTIONS, WHICH RESULATED IN LINDA BEING UNABLE TO TAKE THE FULL BENEFIT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD OF DIRECTORS, CONSISTING OF 18 MEMBERS AS LISTED ON PAGES SEVEN AND EIGHT OF THE FORM 990, IS RESPONSIBLE TO CONDUCT THE AFFAIRS OF IREM, OVERSEE BUSINESS MANAGEMENT, AND MANAGE STRATEGIC PLAN IMPLEMENTATION. IT MEETS APPROXIMATELY FOUR TIMES PER YEAR WITH THE PRESIDENT PRESIDING OVER THE MEETINGS. THE GOVERNING COUNCIL INCLUDES THE BOARD OF DIRECTORS AND OVER 200 OTHER MEMBERS. IT MEETS ONCE A YEAR APPROVING MAJOR ISSUES SUCH AS MEMBERSHIP CHANGES, THE ANNUAL BUDGET AND OPERATING PLAN, THE STRATEGIC PLAN, AND AMENDMENTS TO THE BYLAWS. THE GOVERNING COUNCIL IS PROVIDED WITH THE QUARTERLY FINANCIAL AND OPERATIONS REPORTS. |
| FORM 990, PART VI, SECTION A, LINE 4 | IREM STATEMENT OF POLICIES, ARTICLE 1. SECTION 1.3.7 - COMPOSITION OF THE NOMINATING COMMITTEE REVISED TO ALLOW FOR THE SECRETARY/TREASURER TO BE A VOTING MEMBER AND INCLUDE A SUBSEQUENT YEAR SECRETARY/TREASURER NOMINEE AS AN OBSERVER. IREM BYLAWS, ARTICLE V, SECTION A - REVISED TO PROVIDE CLARITY IN THE GOVERNING COUNCIL COMPOSITION THAT ONLY THE VOTING MEMBERS OF THE IREM BOARD OF DIRECTORS SHALL SERVE AS VOTING MEMBERS OF THE GOVERNING COUNCIL. IREM BYLAWS, ARTICLE V, SECTION 2 - REVISED GOVERNING COUNCIL COMPOSITION FOR CHAPTER REPRESENTATION TO INCLUDE THE CHAPTER PRESIDENT, OR IN HIS/HER ABSENCE, THE CURRENT CHAPTER VICE PRESIDENT (CURRENTLY STATED AS THE INCOMING CHAPTER PRESIDENT). IREM STATEMENT OF POLICIES, ARTICLE I, SECTION 1 - REVISED TO ALLOW THE IREM BOARD OF DIRECTORS TO APPROVE VOLUNTARY AMENDMENTS AND ARTICLE I, SECTION 2 TO PROPERLY NAME THE MODEL IREM CHAPTER BYLAWS, UPDATE THE ARTICLES AND SECTIONS OF THE MODEL IREM CHAPTER BYLAWS THAT CANNOT BE AMENDED, AND GIVE THE IREM BOARD OF DIRECTORS APPROVAL OF VOLUNTARY AMENDMENTS TO APPROPRIATE ARTICLES AND SECTIONS OF THE CHAPTER BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 6 | IREM IS A MEMBERSHIP ORGANIZATION THAT HAS JUST OVER 18,000 MEMBERS. THE TWO CATEGORIES OF MEMBERSHIP ARE DESIGNATED MEMBERS AND NONDESIGNATED MEMBERS. DESIGNATED MEMBERS ARE THOSE INDIVIDUALS WHO HAVE CERTIFIED PROPERTY MANAGER (CPM) DESIGNATION AWARDED BY THE INSTITUTE OF REAL ESTATE MANAGEMENT AND WHO, IF THEY RESIDE IN THE UNITED STATES, FURTHER HOLD SOME FORM OF MEMBERSHIP IN A MEMBER BOARD OF THE NATIONAL ASSOCIATION OF REALTORS. ONLY DESIGNATED MEMBERS ARE ELIGIBLE TO HOLD ELECTIVE OFFICE IN THE INSTITUTE OF REAL ESTATE MANAGEMENT. NONDESIGNATED MEMBERS ARE THOSE INDIVIDUALS WHO UPON WRITTEN APPLICATION TO AND APPROVAL BY THE INSTITUTE, HAVE BEEN GRANTED AND CONTINUE TO MAINTAIN MEMBERSHIP, IN ACCORDANCE WITH POLICIES ESTABLISHED BY THE IREM GOVERNING COUNCIL. |
| FORM 990, PART VI, SECTION A, LINE 7A | IREM MEMBERS MAY ELECT GOVERNING COUNCILLORS. IREM GOVERNING COUNCIL ELECTS IREM OFFICERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WAS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE STAFF. THE COMPLETED TAX RETURNS WERE PROVIDED TO THE FINANCE AND AUDIT COMMITTEE FOR REVIEW AND DISCUSSION. THE FINANCE AND AUDIT COMMITTEE REPORTS TO THE BOARD OF DIRECTORS WHICH IN TURN REPORTS TO THE GOVERNING COUNCIL AS A WHOLE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL VOLUNTEERS ARE REQUIRED TO READ AND ELECTRONICALLY SIGN-OFF ON A CONFLICT-OF-INTEREST FORM UPON ACCEPTING THEIR ANNUAL APPOINTMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | IREM USES COMPETITIVE RESEARCH STUDIES TO DETERMINE SALARIES OF ALL STAFF INCLUDING THE CEO. THE THREE ELECTED OFFICERS OF THE BOARD APPROVE THE COMPENSATION PACKAGE OF THE CEO. THE PROCESS INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST |