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EIN 45-2102449

Realtor University

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Chicago
State
Illinois
Year formed
2011
Most recent tax filings
2020-12-01
NTEE code, primary
B50: Graduate, Professional Schools
Description
REALTOR University is the only institution of higher education focused exclusively on real estate. As a Second Century Venture of the National Assoc. Of REALTORS, the University evolved in 2011 to provide an unparalleled master's degree program to real estate professionals. The University offers graduates degrees concentrating in real estate.
Related structure
Realtor University is a subordinate organization under National Association of Realtors (NAR).
Total revenues
$62,747
2020
Total expenses
$508,657
2020
Total assets
$189,779
2020
Num. employees
21
2020

Program areas at Realtor University

Realtor University (ru) began operating as a degree granting educational institution that offers and awards graduate degrees concentrating in real estate and real estate business. Ru allows students to expand their education in what they know best, real estate. With its unique blend of practical and applied learning, students will be able to use this education to advance their careers and better their business and their lives. The University also offers continuing education and professional development in real estate.

Grants made by Realtor University

GranteeGrant descriptionAmount
Center for Realtor Development (REBAC)Pledge of Remaining Net Assets$132,815

Who funds Realtor University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Real Estate Business Institute (REBI)Funding for Rebi Scholarship$7,000

Personnel at Realtor University

NameTitleCompensation
John PierpointChief Financial Officer$0
Bob GoldbergPresident$0
Ginger DownsTreasurer$0
Marc GouldSecretary and Dean , Student Services$0
Ron PhippsChairperson$0

Financials for Realtor University

RevenuesFYE 12/2020
Total grants, contributions, etc.$100
Program services$60,920
Investment income and dividends$975
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,170
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,922
Total revenues$62,747

Form 990s for Realtor University

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-31990View PDF
2018-122019-12-04990View PDF
2018-122019-10-31990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
...and 7 more Form 990s
Data update history
October 1, 2022
Posted financials
Added Form 990N for fiscal year 2021
October 2, 2021
Received grants
Identified 1 new grant, including a grant for $400,000 from Center for Specialize Realtor Education (REBAC)
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
March 28, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
SchoolsChapter / child organizationsCharities
Issues
EducationCommunity improvementPublic policy
Characteristics
National levelProvides scholarshipsTax deductible donations
General information
Address
430 N Michigan
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
nar.realtor/nar-academy/realtor-university-information 
Phone
(312) 329-8200
IRS details
EIN
45-2102449
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Subordinate organization
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