Public Charity

INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION

INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $844K revenue, $1.0M expenses, $1.9M total assets. 14 publicly reported grants to this organization, totaling roughly $625K, appear in IRS filings.

EIN: 362924251 CHICAGO, IL Real Estate Associations NTEE: S47 Latest filing: 2025
Total Revenue$844K
Total Expenses$1.0M
Total Assets$1.9M
Grant Records14
Funding Total$625K
Filing Years2021–2025

Mission

TO SHAPE THE REAL ESTATE MANAGEMENT INDUSTRY BY INVESTING IN PEOPLE AND PRACTICES THAT ADVANCE THE QUALITY OF REAL ESTATE IMPACTING DAILY LIFE.

Where $100 goes at Institute of Real Estate Management Foundation

How Institute of Real Estate Management Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$67 Programs the work itself
$30 Management running the organization
$3 Fundraising raising the next dollar

Inside the $67 for programs

$35
The scholarship programs are designed to attract and develop individuals for careers in real estate management
52% of program spending
$29
Outreach to support the development of a well-equipped, diverse, next generation workforce
44% of program spending
$3
Grants to advance adoption of sustainability practices in commercial estate
4% of 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 Received

$15,000
2025
GENERAL SUPPORT FOR FOUNDATION SCHOLARSHIPS.
$10,000
2024
For grant recipient's exempt purposes
$105,400

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

DIRECTOR Caitlin Lee Cpm
FOUNDATION SECY/TREAS Cher Zucker-Maltese Cpm
DIRECTOR Christine Lacy Cpm
IREM FOUNDATION PRESIDENT Christopher Mellen Cpm Arm
PAST PRESIDENT Dee Headley Cpm
DIRECTOR Donald Wilkerson Cpm

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$560,050 9 grants
Education
$64,589 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $844K $1.0M $1.9M
2024 $821K $998K $2.0M
2023 $877K $940K $2.1M
2022 $600K $806K $2.1M
2021 $852K $840K $2.6M

Between 2021 and 2025, reported annual revenue held roughly steady at around $844K, with total assets most recently reported at $1.9M.

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

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