Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
31st percentile
Higher debt load relative to revenue than 31% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
100th percentile
Higher top officer pay than 100% of similar nonprofits.
Top officer pay equals 132.0% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Assets
Down$835,720
Down $58,684 (-6.6%) from 2015
Net Assets
Down$784,098
Down $41,286 (-5.0%) from 2015
Liabilities
Down$51,622
Down $17,398 (-25%) from 2015
Revenue
Down$1,408,368
Down $153,806 (-9.8%) from 2015
Expenses
Down$1,449,654
Down $37,645 (-2.5%) from 2015
Net Income
Down-$41,286
Down $116,161 (-155%) from 2015
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.
REALTOR University is the only institution of higher education focused exclusively on real estate and provides an unparalleled master's degree program to real estate professionals.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $865,823 | $807,064 | ▼ $58,759 |
| Pledges and Grants Receivable | $17,386 | $20,402 | ▲ $3,016 |
| Land, Buildings, and Equipment, Net | $7,664 | $5,370 | ▼ $2,294 |
| Accounts Receivable | $3,445 | $2,792 | ▼ $653 |
| Prepaid Expenses and Deferred Charges | $86 | $92 | ▲ $6 |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Total Assets | $894,404 | $835,720 | ▼ $58,684 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $51,731 | $48,622 | ▼ $3,109 |
| Deferred Revenue | $17,289 | $3,000 | ▼ $14,289 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $69,020 | $51,622 | ▼ $17,398 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $526,746 | $487,466 | ▼ $39,280 |
| Unrestricted Net Assets | $298,638 | $296,632 | ▼ $2,006 |
| Total Net Assets Fund Balance | $825,384 | $784,098 | ▼ $41,286 |
| Total Liabilities and Net Assets / Fund Balance | $894,404 | $835,720 | ▼ $58,684 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | $61,350 | $61,350 |
| Equipment | $5,370 | $13,361 | $18,731 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | Director, Academics | FT | $204,513 | $63,897 | $268,410 |
| - | Director, Research | FT | $110,788 | $21,032 | $131,820 |
| Name | Title |
|---|---|
| - | Chairperson |
| - | President |
| - | Director |
| - | Chief Financial Officer |
| - | Secretary and Dean, Student Services |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Devry On-line Services | Back Office Operations | 1200 EAST DIEHL ROAD, Naperville, IL 60563 | $212,402 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $813,635 |
| Other Expenses | $539,284 |
| Total Fundraising Expense | $121,440 |
| Grants and Similar Amounts Paid | $96,735 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $566,007 | - | $82,799 | $648,806 |
| Other Expenses | $252,973 | - | - | $252,973 |
| Advertising | $127,004 | $3,047 | - | $130,051 |
| Grants to Domestic Individuals | $96,735 | - | - | $96,735 |
| Other Employee Benefits | $45,580 | $13,500 | $8,700 | $67,780 |
| Office Expenses | $23,588 | $30,498 | $11,387 | $65,473 |
| Payroll Taxes | $38,330 | $11,400 | $7,300 | $57,030 |
| Travel | $30,161 | $21,667 | - | $51,828 |
| Pension Plan Contributions | $26,919 | $8,000 | $5,100 | $40,019 |
| Conferences and Meetings | $30,080 | - | - | $30,080 |
| Information Technology | - | - | $6,154 | $6,154 |
| Depreciation Depletion | $2,294 | - | - | $2,294 |
| Fees for Services Other | $237 | $0 | $0 | $237 |
| Insurance | $194 | - | - | $194 |
| Total Functional Expenses | $1,240,102 | $88,112 | $121,440 | $1,449,654 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,540,382 |
| Total Expenses per Form 990 | $1,449,654 |
| Expenses per Audited Statements | $1,352,919 |
| Expenses Not Reported on Form 990 | $187,463 |
| Expenses Not Reported on Financial Statements | $96,735 |
| Other Expense Adjustments | $96,735 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“In 2016 realtor university did not have any compensated officers or key employees per the irs definition as such. Lines 15a and 15b have been checked "no" in accordance with the instructions to the form 990.”
“The University's financial statements are consolidated into the financial statements of the Center for Specialized REALTOR Education (CSRE), an Illinois nonprofit corporation of which the National Association of Realtors (NAR) is the sole corporate member. CSRE controls the University through its ability to appoint member to the University's Board of Regents.”
“See above.”
“The Form 990 is reviewed and approved by the Chief Financial Officer before it is filed. The CFO then presents the return to the entire Board of Regents at its December 2017 meeting.”
“The University uses/follows the conflict of interest policy of the Center for Specialized REALTOR Education. On an annual basis, the directors and officers of the organization received a questionnaire designed to the help identify any conflicting issues that may need to be addressed by the governing body. If any conflicts are noted, they are addressed by the Board in a timely manner. Also, if necessary, the NAR General Council is consulted about appropriate steps to take if a conflict is identified. Any person that has a conflict is not allowed to vote on transactions or decisions for which that individual may personally benefit. Steps to alleviate, monitor and deal with conflicts such as restricting the actions of persons with a conflict by prohibiting them from participating in the governing body's deliberations and decisions for a particular transaction.”
“The organization makes its governing documents and financial statements available to the public on a case by case basis upon request. Conflict of interest policies are available upon request at any time.”
“All compensation disclosed in Part VII and Schedule J for Dale Stinton represent payments from NAR for services related only to NAR operations.”
“The University follows guidance issued by the Financial Accounting Standards Board (FASB) with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The University recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties as of December 31, 2016 and 2015. Due to its tax-exempt status, the University is not subject to U.S. federal or state income tax. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months.”
“Scholarships awarded netted with revenue - 96735”
“Scholarships awarded netted with revenue - 96735”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 51731 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 48622 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3445 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2792 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | REALTOR University is the only institution of higher education focused exclusively on real estate and provides an unparalleled master's degree program to real estate professionals. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3047 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 127004 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 130051 |
| IRS990/AllOtherContributionsAmt | 0 | 185944 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | John Pierpoint |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3123298200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 430 N Michigan Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60611 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 865823 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 807064 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 30080 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 30080 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 212402 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1200 EAST DIEHL ROAD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | NAPERVILLE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 60563 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | DEVRY ON-LINE SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | BACK OFFICE OPERATIONS |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1060944 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 96735 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 539284 |
| IRS990/CYOtherRevenueAmt | 0 | 5925 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 341499 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -41286 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 813635 |
| IRS990/CYTotalExpensesAmt | 0 | 1449654 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 121440 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1408368 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 17289 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 2294 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2294 |
| IRS990/Desc | 0 | 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. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 19 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1240002 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 237 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 237 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 51.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 55.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 22.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 15.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 37.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 37.5 |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 0 | SHARON MILLETT |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 1 | DALE STINTON |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 2 | TERRI FRIEL |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 3 | RICHARD MENDENHALL |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 4 | REBECCA THOMSON |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 5 | GINGER DOWNS |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 6 | RON PHIPPS |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 7 | LESLIE ROUDA SMITH |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 8 | HUGH KELLY PHD |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 9 | JOHN TUCCILLO PHD |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 10 | ERICA RAMUS |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 11 | JOHN PIERPOINT |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 12 | MARC GOULD |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 13 | DAVID OVERBYE |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 14 | PETER BURLEY |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 39777 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 39777 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 33214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 29968 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 21032 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 238442 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 110788 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 1818814 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 422805 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 284809 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | SECRETARY AND DEAN, STUDENT SERVICES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR, ACADEMICS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR, RESEARCH |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantAmt | 0 | 96735 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 96735 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 96735 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1408368 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 6154 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 6154 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 194 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 194 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 74711 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 7664 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5370 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 80081 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 825384 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 784098 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 11387 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 30498 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 23588 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 65473 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 8700 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 13500 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 45580 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 67780 |
| IRS990/OtherExpensesGrp/Desc | 0 | Course development & edu research |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 252973 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 252973 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Other Income |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5925 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 5925 |
| IRS990/OtherRevenueTotalAmt | 0 | 5925 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 82799 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 566007 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 648806 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 7300 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 11400 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 38330 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 57030 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 5100 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8000 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 26919 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 40019 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 17386 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 20402 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 86 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 92 |
| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | Dale Stinton |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Tuition |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Student Service Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 340149 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1350 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 340149 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1350 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | REALTOR UNIVERSITY BEGAN DEVELOPMENT OF ITS RESEARCH CENTER TO CONDUCT AND DISSEMINATE REAL ESTATE RESEARCH AND DATA AND POLICY ANALYSIS. REALTOR UNIVERSITY STUDENTS RECEIVE ACCESS TO AN UNMATCHED LIBRARY OF RESOURCES, AND A DEEPER UNDERSTANDING OF HOW SPECIALIZING IN SPECIFIC MARKETS, SUCH AS BUYERS AND SELLERS 50-PLUS, OR COMMERCIAL REAL ESTATE, CAN ASSIST WITH LONG TERM GOALS. |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 13689 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1206047 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 118358 |
| IRS990/PYOtherExpensesAmt | 0 | 567558 |
| IRS990/PYOtherRevenueAmt | 0 | 7417 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 348710 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 74875 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 801383 |
| IRS990/PYTotalExpensesAmt | 0 | 1487299 |
| IRS990/PYTotalRevenueAmt | 0 | 1562174 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -41286 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 875000 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 333735 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 187463 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 187463 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5370 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 13361 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 18731 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 187463 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 96735 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1352919 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 0 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 96735 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 61350 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 61350 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 0 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 96735 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 187463 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 96735 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1311633 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The University follows guidance issued by the Financial Accounting Standards Board (FASB) with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The University recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties as of December 31, 2016 and 2015. Due to its tax-exempt status, the University is not subject to U.S. federal or state income tax. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | SCHOLARSHIPS AWARDED NETTED WITH REVENUE - 96735 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | SCHOLARSHIPS AWARDED NETTED WITH REVENUE - 96735 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5370 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1449654 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1408368 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1499096 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1540382 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.