Small Public Charity

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS-MINNESOTA DAKOTAS CHAPTER

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS-MINNESOTA DAKOTAS CHAPTER is a nonprofit organization categorized as Small Public Charity based in MINNEAPOLIS, MN. Its most recent IRS filing (2024) reports revenue of $24K, expenses of $40K, total assets of $55K. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $63K.

EIN: 270683839 MINNEAPOLIS, MN Professional Societies & Associations NTEE: Y03 Latest filing: 2024
Total Revenue$24K
Total Expenses$40K
Total Assets$55K
Grant Records8
Funding Total$63K
Filing Years2019–2024

Mission

THE ORGANIZATION PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS AND FOR THE COMMERCIAL REAL ESTATE COMMUNITY THAT IT SERVES. THE ORGANIZATION SERVES AS A CONDUIT FOR INFORMATION ABOUT PROGRAMS AND SERVICES AS WELL AS FOR THE TRENDS, TECHNIQUES, AND TEHNOLOGIES THAT AFFECT THE PROFESSION. ONE OF ITS PRIMARY FUNCTIONS IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS INTERESTED IN COMMERCIAL REAL ESTATE CAREERS. SCHOLARSHIPS PROVIDED AT 3,000 PER RECIPIENT. UNIVERSITIES AND COLLEGES PERFORM THE APPLICATION SCREENING.

Where $100 goes at Society of Industrial and Office Realtors-Minnesota Dakotas Chapter

How Society of Industrial and Office Realtors-Minnesota Dakotas Chapter divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.

$93 Programs the work itself
$7 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $93 for programs

$47
The organization provides on-going education to members and training to officers in regards to obtaining and retaining members and identifying students eligible for scholarships/grants
50% of program spending
$46
The organization donates to other section 501(c)(3) non-profit organizations that provide affordable housing and stability to people in need
About 50% (cost not reported)
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

SIOR FOUNDATION
2024
TO SUPPORT TWO STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES.
$6,000
SIOR FOUNDATION
2023
TO SUPPORT SIX STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES.
$9,000
SIOR FOUNDATION
2022
TO SUPPORT THREE STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES.
$9,000
SIOR FOUNDATION
2021
TO SUPPORT SIX STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES.
$9,000
SIOR FOUNDATION
2020
TO SUPPORT THREE STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES.
$9,000

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

Officers & Directors

SECRETARY Andy Westby
VICE PRESIDE Eric Rapp
PRESIDENT Gerry Norton
VICE PRESIDE Mike Doyle
TREASURER Sydney Johnson
OPERATIONS D Tracie Kranz

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$63,000 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $24K $40K $55K
2023 $38K $35K $71K
2022 $38K $41K $68K
2020 $29K $28K $69K
2019 $39K $59K $68K

Between 2019 and 2024, reported annual revenue declined from $39K to $24K (-38%), with total assets most recently reported at $55K.

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

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