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Filing year 2024

INSTITUTE OF REAL ESTATE MANAGEMENT

Chicago, Illinois·EIN 36-6214767·NTEE S47Z · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$14.1M
Total assets
$9.2M
Total expenses
$14.2M
Reported officers
29
Mission

TO ADVANCE THE PROFESSION OF REAL ESTATE MANAGEMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Illinois.

EVP and CEO (thru 5/17/24)
75th to 90th percentile
$298k
$320k
Base
$228k
Bonus
$29k
Other
Benefits
$24k
Cfao
Officer (Unspecified)
$259k
$278k
Base
$200k
Bonus
$14k
Other
Benefits
$23k
CPO
Key Employee
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$257k
$276k
Base
$201k
Bonus
$11k
Other
Benefits
$23k
COO
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$247k
$264k
Base
$205k
Bonus
$11k
Other
Benefits
$9k
Vice-president, Marketing
Key Employee
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$198k
$212k
Base
$172k
Bonus
$9k
Other
Benefits
Interim CEO (from 5/20/24)
75th to 90th percentile
$190k
$204k
Base
$190k
Bonus
Other
Benefits
Sr. Director, Technology & Com
Highest Compensated Employee
75th to 90th percentile
$185k
$198k
Base
$145k
Bonus
$6k
Other
Benefits
$19k
Director, Assoc. Management
Highest Compensated Employee
Median to 75th percentile
$165k
$177k
Base
$138k
Bonus
$4k
Other
Benefits
$9k
Sr. Director, International Programs
Highest Compensated Employee
Median to 75th percentile
$164k
$175k
Base
$124k
Bonus
$6k
Other
Benefits
$20k
Sr. Director, Membership & Chapters
Highest Compensated Employee
Median to 75th percentile
$163k
$175k
Base
$136k
Bonus
$4k
Other
Benefits
$9k
Director, Human Resources
Highest Compensated Employee
Median to 75th percentile
$160k
$171k
Base
$130k
Bonus
$6k
Other
Benefits
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INSTITUTE OF REAL ESTATE MANAGEMENT equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 22%
from 2023

From $384k in 2023 to $298k in 2024.

$384k
2023
$298k
2024
In today's dollarsEst.
Down 25% in real terms$425k to $320k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 22% from 2023 to 2024, while revenue held roughly steady.

$384k in 2023 to $298k in 2024.
  • Key Employee pay rose 6% from 2023 to 2024.
  • Chief Operating Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INSTITUTE OF REAL ESTATE MANAGEMENT

What does the Chief Executive Officer of INSTITUTE OF REAL ESTATE MANAGEMENT earn?

In 2024, the Chief Executive Officer of INSTITUTE OF REAL ESTATE MANAGEMENT received $298,468 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSTITUTE OF REAL ESTATE MANAGEMENT compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2024 pay of the Chief Executive Officer at INSTITUTE OF REAL ESTATE MANAGEMENT falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INSTITUTE OF REAL ESTATE MANAGEMENT equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are INSTITUTE OF REAL ESTATE MANAGEMENT's revenue and expenses?

In 2024, INSTITUTE OF REAL ESTATE MANAGEMENT reported $14.1M in total revenue and $14.2M in total expenses on its IRS Form 990.

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