Institute of Real Estate Management Eastern Nc Chapter 105 Inc

Nonprofit profile at a glance

EIN
363763305
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Raleigh, NC, USA
Rating
37
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$68,430
Expenses
$68,125
Assets
$77,267

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Matthew Burns CPM (President)
  • Patricia Friedman CPM (President Elect)

People named in this filing

  • Matthew Burns CPM (President)
  • Patricia Friedman CPM (President Elect)
  • Barbara Ording-Kennedy CPM ARM (Secretary)

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

To certify and educate real estate managers

What it reported doing in 2025

General meetings and virtual webinars inform real estate professionals on timely topics & educational courses assist with certifying property managers. Average meeting attendance for 2025 is 48. Guests often further attendance & assist with growing our membership

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.4%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.2% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.