Greater Rhode Island Chapter No 88 of the Institute of Real Estate Management
Nonprofit profile at a glance
- EIN
- 050380673
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Wyoming, RI, USA
- Phone
- 4014797734
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $132,995
- Expenses
- $149,641
- Assets
- $102,012
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LARA W FERRO (President)
- ERIN REED (Vice President)
People named in this filing
- LARA W FERRO (President)
- ERIN REED (Vice President)
- DIEDRA TART (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
IREM advances the profession of real estate management.
What it reported doing in 2025
Meetings and educational seminars for real estate professionals
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.4%; rating input score 46
- Program expense ratio: 41.2%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -12.5%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 16.3% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 46.4% of revenue deployed · 41.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.