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Filing year 2024

INSTITUTE OF REAL ESTATE MANAGEMENT

Chicago, Illinois·EIN 36-6214767·NTEE S47Z · Community Improvement & Capacity Building·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 · Schedule J · 11 reported individuals · Filing year 2024

EVP and CEO (thru 5/17/24)
$298k
$320k
Base
$228k
Bonus
$29k
Other
Benefits
$24k
Cfao
officer (unspecified)
$259k
$278k
Base
$200k
Bonus
$14k
Other
Benefits
$23k
CPO
key employee
$257k
$276k
Base
$201k
Bonus
$11k
Other
Benefits
$23k
Base
$205k
Bonus
$11k
Other
Benefits
$9k
Vice-president, Marketing
key employee
$198k
$212k
Base
$172k
Bonus
$9k
Other
Benefits
Interim CEO (from 5/20/24)
$190k
$204k
Base
$190k
Bonus
Other
Benefits
Sr. Director, Technology & Com
highest compensated employee
$185k
$198k
Base
$145k
Bonus
$6k
Other
Benefits
$19k
Director, Assoc. Management
highest compensated employee
$165k
$177k
Base
$138k
Bonus
$4k
Other
Benefits
$9k
Sr. Director, International Programs
highest compensated employee
$164k
$175k
Base
$124k
Bonus
$6k
Other
Benefits
$20k
Sr. Director, Membership & Chapters
highest compensated employee
$163k
$175k
Base
$136k
Bonus
$4k
Other
Benefits
$9k
Director, Human Resources
highest compensated employee
$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

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.

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

Revenue and expenses over time

INSTITUTE OF REAL ESTATE MANAGEMENT reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.1M
$13.9M
2023
$14.1M
$14.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Illinois

Comparable community improvement & capacity building organizations in Illinois pay their highest-earning executive a median of $71,702.

25th percentile
$29k
Median
$71,702
75th percentile
$120k
90th percentile
$222k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 98 organizations across 98 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Illinois
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