Institute of Real Estate Management Western NC
Nonprofit profile at a glance
- EIN
- 510204286
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024
- Location
- Charlotte, NC, USA
- Phone
- 9808906249
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $112,286
- Expenses
- $103,177
- Assets
- $278,071
- Liabilities
- $14,735
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Kathy Pressley (President Elect)
- Kimberly Loflin (Past President)
- Brandi Donaldson (President)
People named in this filing
- Kathy Pressley (President Elect)
- Kimberly Loflin (Past President)
- Beau Patterson (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objective of the Institute or Real Estate Management is to assist in the implementation and carrying out of it's various programs and activities and to assist in the development of technical and educational material for the real estate industry.
What it reported doing in 2024
Providing opportunities for advancement in the real estate management field through the use of meetings, conventions and trade shows.
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
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.9%; rating input score 9
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.1%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -0.6% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 8.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2011 to 2024
- 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 9/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.