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EIN 23-7289227

Illinois Real Estate Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Springfield
State
Illinois
Year formed
1970
Most recent tax filings
2023-12-01
NTEE code, primary
B60: Adult, Continuing Education
Description
The Illinois Real Estate Educational Foundation's mission revolves around the provision of continuing education and training to real estate professionals, as well as granting scholarships to students interested in pursuing a career or education in the industry. The Foundation's focus is on promoting suitable standards of education and providing grant scholarships to support this goal. One program offered by the Foundation is broker continuing education, among other educational initiatives.
Related structure
Illinois Real Estate Educational Foundation is a subordinate organization under Illinois Realtors (IAR).
Total revenues
$113,195
2023
Total expenses
$76,621
2023
Total assets
$1,960,692
2023
Num. employees
0
2023

Program areas at Illinois Real Estate Educational Foundation

Scholarships are awarded to promote and assist suitable standards of education in all phases of the field of Real Estate.
Broker continuing education

Personnel at Illinois Real Estate Educational Foundation

NameTitleCompensation
Cathy MadausTreasurer$0
Amy BarnesChairman$0
Laurie ClaytonManager$0
Leonard TaylorTreasurer$0

Financials for Illinois Real Estate Educational Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$146,061
Program services$0
Investment income and dividends$52,797
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-94,135
Net income from fundraising events$4,472
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,000
Total revenues$113,195

Form 990s for Illinois Real Estate Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-26990View PDF
2022-122023-07-28990View PDF
2021-122022-07-25990View PDF
2020-122021-07-27990View PDF
2019-122020-12-01990View PDF
...and 11 more Form 990s
Data update history
October 9, 2023
Updated personnel
Identified 1 new personnel
October 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 8, 2023
Updated personnel
Identified 2 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsAdult education providersChapter / child organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
522 S 5th St
Springfield, IL 62701
Metro area
Springfield, IL
County
Sangamon County, IL
Website URL
ilreef.org/ 
Phone
(217) 529-2600
IRS details
EIN
23-7289227
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B60: Adult, Continuing Education
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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