ARLINGTON HEIGHTS, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ILLINOIS REAL ESTATE LAWYERS ASSOCIATION, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $403K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $173K, a strong 43% operating margin.
THE MISSION OF THE ILLINOIS REAL ESTATE LAWYERS ASSOCIATION (IRELA) IS TO ASSIST ITS MEMBERS IN SEEKING SOLUTIONS TO THE INCREASINGLY COMPLEX ISSUES THAT CLIENTS FACE IN REAL ESTATE TRANSACTIONS, AND TO EDUCATE THE PUBLIC AT LARGE REGARDING THE IMPORTANCE OF HAVING AN EXPERIENCED, INDEPENDENT ATTORNEY REPRESENTING THE INTERESTS OF EACH BUYER AND SELLER IN A REAL ESTATE TRANSACTION.
PROVIDING RESOURCES FOR PROFESSIONAL DEVELOPMENT AND EDUCATION TO ILLINOIS REAL ESTATE ATTORNEYS, INCLUDING HOLDING SEMINARS ON LEGAL TOPICS AFFECTING THE PRACTICE OF REAL ESTATE LAW AND PROVIDING...
PROVIDING RESOURCES FOR PROFESSIONAL DEVELOPMENT AND EDUCATION TO ILLINOIS REAL ESTATE ATTORNEYS, INCLUDING HOLDING SEMINARS ON LEGAL TOPICS AFFECTING THE PRACTICE OF REAL ESTATE LAW AND PROVIDING UPDATES. IRELA CONTINUOUSLY WORKS ON DRAFTING, MODIFYING AND ANALYZING CURRENT, PENDING AND NECESSARY LEGISLATION AND REGULATIONS TO PROMOTE AND MAINTAIN THE ROLE OF THE REAL ESTATE LAWYER IN ILLINOIS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $403,133 | $357,807 | +0.1% |
| Expenses | $229,685 | $211,358 | +0.1% |
| Net Income | $173,448 | $146,449 | +0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN G O'BRIEN | PRESIDENT | 2.00 |
Officer
Director
|
$54,001 | $0 | $54,001 |
| ERICA CROHN MINCHELLA | VICE-PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARC J BLUMENTHAL | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEANNE W KLEIN | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID R SCHLUETER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AUGUST BUTERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLI FOGARTY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL B GARVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD H KIOLBASSA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DOREEN T PALUCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RALPH J SCHUMANN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KARYN R VANDERWARREN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ADAM WILDE | VICE-PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON CHMIELEWSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERYL MORRISON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $403,133 | $229,685 | $698,654 | $173,448 |
| 2024 | $357,807 | $211,358 | $525,206 | $146,449 |
| 2023 | $305,762 | $230,654 | $378,757 | $75,108 |
| 2022 | $424,314 | $266,818 | $303,649 | $157,496 |
| 2021 | $214,871 | $161,490 | $146,153 | $53,381 |
Compare ILLINOIS REAL ESTATE LAWYERS ASSOCIATION with other nonprofits in Illinois and across the country.