INSTITUTE OF REAL ESTATE MANAGEMENT MARYLAND CHAPTER 16 (EIN 237453803) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

4104131563

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE OF REAL ESTATE MANAGEMENT MARYLAND CHAPTER 16, founded in 1999, is a small nonprofit that reported $244K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

CONDUCTS EDUCATION SEMINARS, PRODUCES WEBSITE & NEWSLETTER, HOLDS GENERAL MEMBERSHIP MEETINGS AND PROVIDES OTHER SUPPORT SERVICES. THESE SERVICES ARE PROVIDED TO SUPPORT REAL ESTATE PROPERTY MANAGEMENT PROFESSIONALS. CLASSES PROVIDE ESSENTIAL KNOWLEDGE AND FOSTER INTEGRITY AND EFFICIENCY IN THE MANAGEMENT OF REAL PROPERTY AND LEAD TO CREDENTIALS; SEMINARS PROVIDE CONTINUING PROFESSIONAL DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $201,480

Investment Income $5,633

Other Revenue $36,425

TOTAL REVENUE $243,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $264,644

TOTAL EXPENSES $264,644

Year-over-Year Comparison

	2023	2022	Change
Revenue	$243,538	$199,543	+0.2%
Expenses	$264,644	$265,688	0.0%
Net Income	$-21,106	$-66,145	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY WILLIS	PRESIDENT	3.00	Officer Director	$0	$0	$0
KRISTY MYERS	PRESIDENT-ELECT	3.00	Officer Director	$0	$0	$0
SHA'RON TURNER	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
ROCHELLE JACKSON	IMMEDIATE PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
JENNIFER COCO	DIRECTOR	3.00	Director	$0	$0	$0
SCOTT HAMLIN	DIRECTOR	3.00	Director	$0	$0	$0
TIKIA NEBLETT	DIRECTOR	3.00	Director	$0	$0	$0
TREVOR ANKNEY	DIRECTOR	3.00	Director	$0	$0	$0
THERESA LEATHERBURY	DIRECTOR	3.00	Director	$0	$0	$0
CAITLIN SHRUM	DIRECTOR	3.00	Director	$0	$0	$0
OLIVIA BURNS	DIRECTOR	3.00	Director	$0	$0	$0
MELISSA GAMBUTO	DIRECTOR	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$243,538	$264,644	$158,053	$-21,106
2022	$199,543	$265,688	$211,413	$-66,145
2021	$226,459	$211,437	$226,007	$15,022
2020	$165,576	$142,572	$230,675	$23,004
2019	$228,801	$214,226	$236,521	$14,575
2018	$230,358	$204,101	$371,669	$26,257

INSTITUTE OF REAL ESTATE MANAGEMENT MARYLAND CHAPTER 16