Illinois · Nonprofit
Realtor University
Realtor University (Illinois) receives grants from 5 organizations whose IRS filings report $3,149,469 to it, the largest being Center for REALTOR Development Inc ($2,937,469). 1 of them have funded it in more than one year.
- Revenue FY2020
- $63k
- Funders on record
- 5
- Grants received
- $3.1M
- Net assets
- $0
What Realtor University does
Mission
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.
As stated on its FY2020 Form 990.
Program
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.
The first program described on its most recent Form 990, which lists programs largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $875k to $484k (−45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2019: the base narrowed from 5 funders to 1 funder, grant income fell $1.7M → $400k.
From the IRS filings of Realtor University’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Realtor University leans on a few funders — its largest provides 93% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Realtor University.
Largest funder’s share by year: 2017 87% · 2018 100% · 2019 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Realtor University's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Realtor University
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 29 states
Part of a family of 9 related entities
- National Association of Realtors · exempt
- Leonard P Reaume Memorial Foundation · exempt
- Realtors Political Action Committee · exempt
- Center for Specialized Real Estate Education · exempt
- Realtors Relief Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Realtor University: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Realtor University?
- Realtor University (Illinois) receives grants from 5 organizations whose IRS filings report $3,149,469 to it, the largest being Center for REALTOR Development Inc ($2,937,469). 1 of them have funded it in more than one year.
- How many funders does Realtor University have?
- IRS filings report 5 organizations giving $3,149,469 in grants to Realtor University, 1 of which have funded it in more than one year.
- Who is the largest funder of Realtor University?
- Center for REALTOR Development Inc is the largest funder on record, with $2,937,469 in grants. The full list of funders is on this page.
- How can an organization like Realtor University find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2020 (financials across 2017–2020), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing