NonprofitsReal Estate Business Institute

Community Improvement & Capacity Building

Real Estate Business Institute

CHICAGO, IL

Total revenue

$2.7M

Total expenses

$2.8M

Net assets

$498K

Grants received

EIN

364468856

Tax year

2024

Mission

The Real Estate Business Institute (REBI) equips brokerages and agents with advanced business skills and practices.

Programs

1 program

Education: the institute's curriculum integrates real-world strategies and resources to deliver the knowledge and expertise today's real estate professionals need to create opportunities to excel. The institute's courses provide the training and education its members need to be better positioned to develop and streamline operating practices, market and position their businesses, understand and keep costs in check, and represent and advocate on behalf of their clients. Rebi's education structure allows its members to customize their educational experience through instructor-led classroom courses, online courses, and live virtual courses. Rebi also offers a course licensing program which provides an opportunity for realtor associations, franchises, chapters, and other companies to deliver crb, srs, c-rets, and/or rene education and generate revenue.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.6M
Investment income$82K
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising
Other expenses$1.7M
Total expenses$2.8M
Total assets$1.4M
Net assets$498K

People

17 listed

NameRoleCompensation

VIRGINIA SHIPE

CHIEF EXECUTIVE OFFICER

Board

$452K

40 hrs/wk

Susan Miller

President

Board

4 hrs/wk

Job Hammond

DIRECTOR (ending 11/30/24)

Board

1 hrs/wk

Lynn Madison

DIRECTOR (ending 11/30/24)

Board

1 hrs/wk

Marki Lemons-Ryhal

DIRECTOR (ending 11/30/24)

Board

1 hrs/wk

Michelle Rojas

DIRECTOR (beginning 12/1/24)

Board

1 hrs/wk

Holly Mabery

First Vice President

Board

2 hrs/wk

Paul Rich

DIRECTOR (ending 11/30/24)

Board

1 hrs/wk

Robert Morris

DIRECTOR (beginning 12/1/24)

Board

1 hrs/wk

Rory Dubin

DIRECTOR (ending 11/30/24)

Board

1 hrs/wk

Stephanie White

DIRECTOR (beginning 12/1/24)

Board

1 hrs/wk

Zola Szerencses

DIRECTOR (beginning 12/1/24)

Board

1 hrs/wk

Novelette Witt

DIRECTOR (beginning 12/1/24)

Board

1 hrs/wk

Matthew Rathbun

President-Elect

Board

2 hrs/wk

Steven Pagan

Immediate Past President

Board

2 hrs/wk

TARA MARIC

SVP-MEMBERSHIP & OPERATIONS

Staff

$155K

40 hrs/wk

Maria Cardenas

Vice President, Professional Development

Staff

$149K

40 hrs/wk

Details

EIN364468856
NTEE codeS41
Subsection06
Ruling date2004-03
Formed1968
Employees5
Volunteers60
REAL ESTATE BUSINESS INSTITUTE — Mission, Financials & Grants Received | Grantivo