2026-07-29T07:01:10-05:00 2025-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1707 N RANDALL ROAD STE 200 ELGIN IL 60123 990 2025-01-01 362924251 INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION INST 8008370706 430 N MICHIGAN AVENUE 750 CHICAGO IL 60611 EILEEN WIRTH CPM PRESIDENT 8008370706 2026-07-24 1 MELANIE MCPEAK P01346034 8478888600 2025 2025-03-06 01:10:19Z X EILEEN WIRTH CPM 430 N MICHIGAN AVENUE 750 CHICAGO IL 60611 1327097 0 X WWW.IREMFOUNDATION.ORG X 1977 IL TO SHAPE THE REAL ESTATE MANAGEMENT INDUSTRY BY INVESTING IN PEOPLE AND PRACTICES THAT ADVANCE THE QUALITY OF REAL ESTATE IMPACTING DAILY LIFE. 22 22 0 50 0 0 776784 710073 0 0 64381 136742 -20495 -2807 820670 844008 542162 518436 0 0 0 0 0 0 36482 455858 485246 998020 1003682 -177350 -159674 2020351 1940015 58778 12396 1961573 1927619 TO SHAPE THE REAL ESTATE MANAGEMENT INDUSTRY BY INVESTING IN PEOPLE AND PRACTICES THAT ADVANCE THE QUALITY OF REAL ESTATE IMPACTING DAILY LIFE. 0 0 373802 373802 THE SCHOLARSHIP PROGRAMS ARE DESIGNED TO ATTRACT AND DEVELOP INDIVIDUALS FOR CAREERS IN REAL ESTATE MANAGEMENT. 315504 114934 OUTREACH TO SUPPORT THE DEVELOPMENT OF A WELL-EQUIPPED, DIVERSE, NEXT GENERATION WORKFORCE. 29700 29700 GRANTS TO ADVANCE ADOPTION OF SUSTAINABILITY PRACTICES IN COMMERCIAL ESTATE. 719006 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X CHRISTOPHER MIGALA 3123296049 430 N MICHIGAN AVENUE SUITE 750 CHICAGO IL 60611 X CAITLIN LEE CPM DIRECTOR 1.00 0.00 X 0 0 0 CHER ZUCKER-MALTESE CPM FOUNDATION SECY/TREAS 1.00 0.00 X X 0 0 0 CHRISTINE LACY CPM DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER MELLEN CPM ARM IREM FOUNDATION PRESIDENT 1.00 0.00 X X 0 0 0 DEE HEADLEY CPM PAST PRESIDENT 1.00 0.00 X 0 0 0 DONALD WILKERSON CPM DIRECTOR 1.00 0.00 X 0 0 0 EILEEN WIRTH CPM FOUNDATION VICE PRESIDENT 1.00 0.00 X X 0 0 0 ERIN HOPKINS DIRECTOR 1.00 0.00 X 0 0 0 JAMES HELSEL CPM DIRECTOR 1.00 0.00 X 0 0 0 KURSTIE BUTCHER CPM ARM DIRECTOR 1.00 0.00 X 0 0 0 LAURA LE HARVEY CPM DIRECTOR 1.00 0.00 X 0 0 0 LILLIE NORTON CPM ACOM DIRECTOR 1.00 0.00 X 0 0 0 LYNNE MILLER CPM DIRECTOR 1.00 0.00 X 0 0 0 MARIE BERNADETTE PATTON EXECUTIVE DIRECTOR (THRU 01/25) 1.00 0.00 X X 0 0 0 NEIL CADMAN CPM DIRECTOR 1.00 0.00 X 0 0 0 PATTY NOONEY CPM DIRECTOR 1.00 0.00 X 0 0 0 PHILIP SCHNEIDAU CPM DIRECTOR 1.00 0.00 X 0 0 0 RITA KHAN CPM ACOM ARM DIRECTOR 1.00 0.00 X 0 0 0 SHERYL GREEN CPM DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY KRAMER CPM ARM DIRECTOR 1.00 0.00 X 0 0 0 TINE HELTON CPM ACOM DIRECTOR 1.00 0.00 X 0 0 0 TONY SUSI CPM DIRECTOR 1.00 0.00 X 0 0 0 ZACHARIAH WAHLQUIST EXECUTIVE DIRECTOR (FROM 01/25) 1.00 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 24036 686037 710073 77417 77417 491706 432381 59325 59325 59325 47901 24036 50708 -2807 -2807 844008 0 0 133935 130614 130614 382410 382410 5412 5412 298900 185000 113900 24600 24600 8612 8612 22389 22389 53808 11631 5695 36482 52864 3939 48925 CREDIT CARD FEES 11115 11115 LICENSES & FEES 6129 6129 GIFT EXPENSE 4300 4300 2529 2529 1003682 719006 248194 36482 228865 149641 102311 239320 65684 2000 28062 13460 1589227 1531782 6202 3812 2020351 1940015 58778 12396 58778 12396 X 1581176 1618255 380397 309364 1961573 1927619 2020351 1940015 -159674 125720 0 X 0 1 X 1 0 X 698534 697373 835578 776784 710073 3718342 698534 697373 835578 776784 710073 3718342 461656 3256686 104623 44742 63641 74822 77417 365245 4083587 22575 0.79750 0.81200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 947304 100 158586 157915 948075 923999 900 71168 47763 1000 947304 839840 650 106976 23467 923999 1104968 2000 -229172 36956 1000 839840 1081647 23321 1104968 0.94570 0.05430 0.00000 0 0 0 X 1204307 125720 232061 357781 846526 8612 -11130 -2518 844008 1238261 232061 11130 243191 995070 8612 8612 1003682 PART V, LINE 4: PROVIDE FUNDING FOR EDUCATION AND OUTREACH TO THOSE READY AND WILLING TO BENEFIT FROM A CAREER IN REAL ESTATE MANAGEMENT. PART X, LINE 2: THE FOUNDATION WAS GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE PURSUANT TO THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE TAX-EXEMPT PURPOSE OF THE FOUNDATION AND THE NATURE IN WHICH IT OPERATES IS DESCRIBED IN THE FIRST PARAGRAPH OF NOTE 1. THE FOUNDATION CONTINUES TO OPERATE IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSE. THE FOUNDATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -11,130. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 11,130. 0 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 1437 WIRE SCHOLARSHIPS SUB-SAHARAN AFRICA 4 3975 WIRE 0 0 0 0 0 0 SILENT AUCTION 49573 18470 31103 35548 ANNUAL EVENT 16798 16798 9688 5472 1 5566 5566 71937 24036 47901 9688 41020 50708 -2807 1 ECORISE YOUTH INNOVATIONS 2711 E 22ND ST AUSTIN TX 78722 800812900 501C(3) 10000 0 RESEARCH GRANT AWARDS INSTITUTE OF REAL ESTATE MANAGEMENT 430 N MICHIGAN AVE CHICAGO IL 60611 366214767 501C(6) 77620 0 ACADEMIC OUTREACH &REAL ESTATE PROGRAMS SUBSIDYSYNC INC 541 10TH ST STE 249 ATLANTA GA 30318 332013700 C CORPORTATION 10000 0 RESEARCH GRANT AWARDS UNIVERSITY OF WISCONSIN-STOUT 712 S BROADWAY RM 125 ADMINISTRATION MENOMONIE WI 54751 391805963 GOV 7740 0 ACADEMIC OUTREACH &REAL ESTATE PROGRAMS VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY SUITE 3300 300 TURNER STREET NW BLACKSBURG VA 24061 546001805 GOV 10000 0 RESEARCH GRANT AWARDS 3 2 SCHOLARSHIPS 356 382410 PART I, LINE 2: GRANTEES ARE REQUIRED TO SUBMIT A PLAN THAT OUTLINES HOW THEY WILL USE THE FUNDS, AND WHO IS ON THE PROJECT TEAM. THE RECIPIENTS SIGN A GRANT AGREEMENT ACKNOWLEDGING THAT FUNDS MAY ONLY BE USED FOR THE PURPOSES EXPRESSED IN THE WRITTEN APPLICATION, AND THAT THEY ARE REQUIRED TO SUBMIT WRITTEN REPORTS UPON REQUEST. THE IREM FOUNDATION CONTACTS THE GRANTEE WITHIN ONE YEAR OF DISTRIBUTING FUNDS TO REQUEST A WRITTEN REPORT BASED ON THE ORIGINAL REQUEST FOR FUNDING. FORM 990, PART VI, SECTION A, LINE 3 IREM FOUNDATION PAYS A MANAGEMENT FEE TO IREM TO MANAGE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 IREM FOUNDATION BYLAWS, ARTICLE V, SECTION 1 - COMPOSITION OF THE STANDING COMMITTEE REVISED TO REMOVE THE DEVELOPMENT COMMITTEE, SCHOLARSHIP COMMITTEE AND GRANT COMMITTEE, BUT ADD THE ASSOCIATE BOARD. IREM FOUNDATION BYLAWS, ARTICLE V, SECTION 2 - COMPOSITION OF THE EXECUTIVE COMMITTEE REVISED TO ALLOW THE IMMEDIATE PAST PRESIDENT TO BE A VOTING MEMBER AND INCLUDE A SUBSEQUENT YEAR SECRETARY/TREASURER NOMINEE AS AN OBSERVER. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED FIRST BY MANAGEMENT AND THEN A COPY IS PRESENTED TO THE AUDIT AND INVESTMENT COMMITTEE FOR THEIR REVIEW. ONCE THAT COMMITTEE IS SATISFIED, A RECOMMENDATION IS MADE TO THE BOARD OF DIRECTORS, WHO THEN VOTES TO FORMALLY ACCEPT THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS IS REQUIRED TO SIGN AN ANNUAL CODE OF CONDUCT ACKNOWLEDGEMENT WHICH INCLUDES INSTRUCTIONS ON DISCLOSING CONFLICT OF INTEREST. DURING COMMITTEE MEETINGS WHEN CONFLICT OF INTERESTS MAY PRESENT, SUCH AS APPROVING GRANT REQUESTS, VOTING FOR AWARD RECIPIENTS, OR NOMINATING FUTURE DIRECTORS, THE COMMITTEE PROCEDURES INCLUDE REQUIRING THE CHAIRPERSON TO ASK THE COMMITTEE MEMBERS WHETHER ANY SUCH CONFLICTS OF INTEREST EXIST. WHEN CONFLICTS ARE SURFACED, THEY ARE PRESENTED TO THE PRESIDENT TO DETERMINE THE COURSE OF ACTION. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND ANNUAL REPORT ARE AVAILABLE ON THE FOUNDATION'S WEBSITE.