Public Charity

Real Estate Investment Association

Real Estate Investment Association is a private foundation categorized as Public Charity based in Burr Ridge, IL. Its most recent IRS filing (2025) reports revenue of $246K, expenses of $239K, total assets of $312K. Imperigo tracks 8 reported grants from this foundation totaling approximately $158K.

EIN: 363474657 Burr Ridge, IL Latest filing: 2025
Total Revenue$246K
Total Expenses$239K
Total Assets$312K
Grants Given8
Grant Total$158K
Filing Years2020–2025

Mission

REIA IS COMPRISED OF A UNIQUE MIX OF SOME OF THE BRIGHTEST, MOST VISIONARY REAL ESTATE INVESTMENT ENTREPRENEURS AND PROFESSIONALS IN THE CHICAGOLAND REAL ESTATE INDUSTRY. THE FORMATION OF REIA WAS DRIVEN BY OUR DESIRE TO ADDRESS THE INTERESTS AND NEEDS OF ALL REAL ESTATE INVESTORS, REGARDLESS OF THE FORM OF OWNERSHIP. OUR MEMBERSHIP INCLUDES PROFESSIONALS INVOLVED IN ALL ASPECTS OF REAL ESTATE TRANSACTIONS, ALL TYPES OF REAL ESTATE PROPERTIES, AND THE VENDORS THAT SUPPORT THE REAL ESTATE INDUSTRY.REIA'S MISSION IS TO OFFER THE VERY BEST VENUE TO MEET INDUSTRY PEERS, DEVELOP REAL ESTATE OPPORTUNITIES AND MAKE DEALS HAPPEN. REIA TRULY IS "WHERE DEALS AND CAPITAL MEET."1. TO FACILITATE BUSINESS AND SOCIAL NETWORKING OPPORTUNITIES FOR REAL ESTATE PROFESSIONALS2. TO PROVIDE A FORUM FOR THE EXCHANGE OF THE MOST RELEVANT AND TIMELY INVESTMENT IDEAS, STRUCTURES, AND INNOVATIONS CRITICAL TO SUCCESS OF THE REAL ESTATE PROFESSIONAL3. TO FOSTER THE CREATION OF CAPITAL FORMATION IN ALL AREAS OF REA

Where $100 goes at Real Estate Investment Association

How Real Estate Investment Association divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
Monthly events addressing the newest business techniques, marketing ideas, and regulatory/legislative issues keeping members up to date with current events and trends
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

CHICAGO, IL · 2024
EDUCATIONAL SCHOLARSHIP
$20,000
CHICAGO, IL · 2023
EDUCATIONAL SCHOLARSHIP
$25,000
CHICAGO, IL · 2022
EDUCATIONAL SCHOLARSHIP
$27,500
CHICAGO, IL · 2020
EDUCATIONAL SCHOLARSHIP
$35,000
CHICAGO, IL · 2020
EDUCATIONAL SCHOLARSHIP
$10,000

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

Past President Brian Lignelli
Chairman E James Keledjian
FIRST VP James Allen
FIRST VP Mark Sullivan
Treasurer/Sec Noel Hastalis
President Roy Rendino

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$157,500 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $246K $239K $312K
2024 $235K $190K $305K
2023 $208K $203K $260K
2021 $120K $181K $267K
2020 $166K $158K $328K

Between 2020 and 2025, reported annual revenue grew from $166K to $246K (+48%), with total assets most recently reported at $312K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Real Estate Investment Association

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