Institute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago in Oakbrook, Illinois (IL)

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Institute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago
Employer Identification Number (EIN)510204248
Name of OrganizationInstitute Of Real Estate Management Of The Natl Assn Of Realtors
Secondary Name23 Chicago
Address2901 Butterfield Rd, Oakbrook, IL 60523-1159
ActivitiesReal estate association, Professional association
SubsectionReal Estate Board
Ruling Date08/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$254,163
Amount of Income$393,977
Form 990 Revenue Amount$310,023
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations


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Amount of income in 2012: $393,977 (it was $264,873 in 2011)
Institute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago: 

 $393,977
Other organizations performing similar types of work: 

 $187,001

Assets in 2012: $254,163 (it was $200,070 in 2011)
This organization: 

 $254,163
Other organizations performing similar types of work: 

 $226,724

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$264,873
Contributions, Gifts, Grants and Other Similar Amounts$4,000
Program Service Revenue$234,984
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,742
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$10,642
Gross income from fundraising events$87,470
Less: direct expenses$76,828
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$12,505
Statement of Functional Expenses (for 2011)
Total functional expenses$251,669
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$251,669
Balance Sheet (for 2011)
Total assets$200,070
Total liabilities$59,770
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$59,770
Total net assets or fund balances$140,300
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Institute Of Real Estate Management Of The Natl Assn Of Realtors, Irem430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$11,404,162
2Realtor Association Of Dade County245 Alcazar Ave, Coral Gables, FL 33134-4401FL1974-12$3,415,250
3Greater Northwest Indiana Association Of Realtors Inc800 E 86th Ave, Merrillville, IN 46410-6270IN1942-07$704,651
4Institute Of Real Estate Management Of The Natl Assn Of Realtors, 88 Greater Rhode IslandPO BOX 41497, Providence, RI 02940-1497RI1976-08$154,766
5North Carolina Crs Chapter Inc23 Oak Branch Drive, Greensboro, NC 27407NC1988-07$50,367
6Lower Pioneer Valley Educational Corporation174 Brush Hill Ave, W Springfield, MA 01089-1204MA1983-04$2,089,465
7Muhlenberg Realty Corporation2100 Mack Blvd, Allentown, PA 18103-5622PA1983-08$1,185,473
8Astor Place Holding Corporation30 Cooper Square Ste 7th Fl, New York, NY 10003-7120NY1957-11$1,026,335
9Jane Addams Development Corporation, C-O Mary Laporte4432 N Ravenswood Ave, Chicago, IL 60640-5803IL1992-11$930,415
10Heartland Realtor Organization405 Congress Parkway, Crystal Lake, IL 60014-6229IL1978-04$421,586
11Institute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago2901 Butterfield Rd, Oakbrook, IL 60523-1159IL1976-08$393,977
12Institute Of Real Estate Management Of The Natl Assn Of Realtors, 26 Greater New York430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$267,983
13Institute Of Real Estate Management Of The Natl Assn Of Realtors, 61 Austin430 N Michigan Avenue, Chicago, IL 60611-4011IL1976-08$199,030
14Illinois Land Title Association225 E Cook St, Springfield, IL 62704-2509IL1956-10$181,185
15Institute Of Real Estate Management Of The Natl Assn Of Realtors, 17 Northern Colorado430 N Michigan Avenue, Chicago, IL 60611-4011IL1976-08$110,613
16Institute Of Real Estate Management Of The Natl Assn Of Realtors, 48 San Antonio430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$110,196
17Institute Of Real Estate Management Of The Natl Assn Of Realtors, 64 Arkansas430 N Michigan, Chicago, IL 60611-4011IL1976-08$103,359
18Logan Co Board Of Realtors1411 N Kickapoo, Lincoln, IL 62656-1871IL1985-03$82,161
19Chicago Real Estate Council1 S Wacker Dr Ste 800, Chicago, IL 60606-4650IL1989-03$67,148
20Promise Development Corporation2900 State St, E Saint Louis, IL 62205-2234IL1990-05$0
Number of organizations performing similar types of work
Arizona1
California4
District of Columbia1
Florida6
Georgia1
Hawaii2
Idaho1
Illinois13
Indiana4
Louisiana2
Massachusetts11
Maryland2
Maine1
Michigan4
Minnesota1
Missouri2
Mississippi1
North Carolina2
New Hampshire1
New Jersey2
New Mexico2
New York9
Ohio3
Oklahoma1
Oregon1
Pennsylvania1
Rhode Island3
South Carolina1
Tennessee4
Texas2
Virginia1
Washington1
Wisconsin2
Total93
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralInstitute Of Real Estate Management Of The Natl Assn Of Realtors, Irem430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$11,404,162
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 88 Greater Rhode IslandPO BOX 41497, Providence, RI 02940-1497RI1976-08$154,766
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 28 Houston5851 San Felipe St Ste 235, Houston, TX 77057-8009TX1976-08$504,679
SubordinateInstitute Of Real Estate Management Dallas Chapter 145080 Spectrum Dirve, Addison, TX 75001TX1976-08$447,648
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 91 Orange County1405 Warner Ave Ste B, Tustin, CA 92780-6437CA1976-08$425,027
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 4 Boston Metropolitan700 Congress St Ste 200, Quincy, MA 02169-0977MA1976-08$397,202
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago2901 Butterfield Rd, Oakbrook, IL 60523-1159IL1976-08$393,977
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 18 San Diego4849 Ronson Court, San Diego, CA 92111-1805CA1976-08$377,011
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 6 Greater Los Angeles350 S Figueroa St Ste 121, Los Angeles, CA 90071-1119CA1976-08$367,079
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 8 Greater Metropolitan WashingtonPO BOX 86252, Gaithersburg, MD 20886-6252MD1976-08$268,827
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 26 Greater New York430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$267,983
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 5 Michigan24125 Drake Rd, Farmingtn Hls, MI 48335-3108MI1976-08$253,664
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 67 Georgia444 Manget St Se Ste 900, Marietta, GA 30060-2799GA1976-08$248,945
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 45 Minnesota4248 Park Glen Rd, Minneapolis, MN 55416-4758MN1976-08$239,353
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 21 San Francisco Bay Area1592 Union St 195, San Francisco, CA 94123-4531CA1976-08$227,792
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 13 Milwaukee11801 W Silver Spring Dr No 200, Milwaukee, WI 53225-3092WI1976-08$217,794
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, Institute Of Real Estate Mgmt Ch-47PO BOX 11369, Chandler, AZ 85248-0007AZ1976-08$217,349
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 77 Northern VirginiaPO BOX 3035, Gaithersburg, MD 20885-3035MD1976-08$205,985
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 61 Austin430 N Michigan Avenue, Chicago, IL 60611-4011IL1976-08$199,030
SubordinateInstitute Of Real Estate Management Of The Natl Assn Of Realtors, 99 Las Vegas301 S Jones Blvd, Las Vegas, NV 89146NV1976-08$198,468
Number of affiliated organizations
Alaska1
Alabama1
Arizona2
California8
Colorado1
Connecticut1
Florida4
Georgia1
Hawaii1
Illinois9
Indiana2
Kansas1
Kentucky1
Massachusetts1
Maryland4
Michigan2
Minnesota1
Missouri2
North Carolina2
Nebraska1
New Jersey2
Nevada2
New York2
Ohio3
Oklahoma1
Oregon1
Pennsylvania1
Rhode Island1
South Carolina1
Tennessee3
Texas3
Utah1
Virginia2
Washington1
Wisconsin1
Total71

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