Education Foundation of the Ccim Institute
Nonprofit profile at a glance
- EIN
- 363773054
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025
- Location
- Chicago, IL, USA
- Phone
- 3123214460
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $707,628
- Expenses
- $918,279
- Assets
- $7,697,457
- Liabilities
- $95,554
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- PAUL RUMLER (CEO/EVP-SECRETARY)
- DAVID WILSON (PRESIDENT)
- RICHARD SLATON (VICE PRESIDENT)
- JAMES ROBERTSON (IMMEDIATE PAST PRESIDENT)
- KARI PANTROL (EXECUTIVE DIRECTOR (THRU APR 2025))
- GAIL COLLINS (EXECUTIVE DIRECTOR (AS OF APR 2025))
Highest reported compensation
- PAUL RUMLER (CEO/EVP-SECRETARY): $513,801 total reported compensation
- GAIL COLLINS (EXECUTIVE DIRECTOR (AS OF APR 2025)): $262,537 total reported compensation
- KARI PANTROL (EXECUTIVE DIRECTOR (THRU APR 2025)): $37,428 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To carry out the charitable and educational purposes of the ccim institute, including without limitation providing scholarships and other forms of educational assistance to students in real estate.
What it reported doing in 2025
The foundation provides scholarships to assist those pursuing a career in commercial real estate. During the 2025 tax year, this program awarded: awarded 202 named educational scholarships totaling $209,691awarded 70 veteran's scholarships totaling $92,067awarded 55 opportunity scholarships totaling $26,695awarded 3 research grants and scholarships totaling $10,324
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 71
- Accountability: 93
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.7%; rating input score 88
- Program expense ratio: 58.1%; rating input score 58
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.8%; rating input score 96; 28th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -29.8%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 8.38; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 20.6% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 87.7% of revenue deployed · 58.1% of spending went to programs
- Governance: 23 of 24 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $534K in reported program spending
- Leadership: top reported pay $514K · 26 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $102K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Sustainability: Operating margin scored 4/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.