Erik L. Johnson
Effective May 28, 2024, the Board of Directors of Income Opportunity Realty Investors, Inc. (the “ Company ” or the “ Issuer ” or “ IOR ”) appointed Erik L. Johnson, age 56, President and Chief Executive Officer of the Company.
Highest-materiality recent filing
IOR Q2 2026 net income falls to $0.7M from $1.0M YoY; EPS $0.17 vs $0.24
Net income attributable to common shares of $0.7 million, or $0.17 per diluted share.
Income Opportunity Realty Investors Q1 net income flat at $1.0M; EPS $0.25
Net income attributable to common shares $1.0M or $0.25 per diluted share for Q1 2026.
IOR reports Q4 2025 net income of $1.0M ($0.25/diluted share), down from $1.1M ($0.27) YoY
Net income $1.0M ($0.25 diluted EPS) for Q4 2025, compared to $1.1M ($0.27) in Q4 2024.
IOR annual meeting elects directors, ratifies auditor
All four director nominees elected with over 92% FOR each: Butler, Celis, Jakuszewski, Munselle.
IOR Q3 net income falls to $1.0M, EPS $0.25, down from $1.2M YoY
Net income attributable to common shares: $1.0M vs $1.2M in Q3 2024.
Income Opportunity Realty Q2 net income falls to $1.0M, EPS $0.24 vs $0.28
Net income attributable to common shares: $1.0M ($0.24 diluted EPS) vs $1.2M ($0.28) in Q2 2024.
Income Opportunity Realty Q1 net income falls to $1.0M ($0.24 EPS) from $1.2M YoY
Net income attributable to common shares of $1.0M ($0.24 diluted EPS) vs $1.2M ($0.29) in Q1 2024.
Income Opportunity Realty reports Q4 net income $1.1M ($0.27/share), down from $2.5M ($0.60) YoY
Net income attributable to common shares was $1.1M ($0.27 diluted EPS) for Q4 2024, down from $2.5M ($0.60) in Q4 2023.
Income Opportunity Realty Investors elects all 4 director nominees at annual meeting
All four incumbent directors re-elected with >93% of votes cast: Butler, Jakuszewski, Munselle, Lara Celis.
Income Opportunity Realty Investors Q3 net income down 25% to $1.2M
Net income attributable to common shares of $1.2M ($0.29/diluted share) vs $1.6M ($0.39) in Q3 2023.
Income Opportunity Realty Q2 net income down 37% to $1.2M; EPS $0.28 vs $0.44
Net income of $1.2M ($0.28/diluted share) vs $1.8M ($0.44) in Q2 2023, driven by lower interest income.
Erik L. Johnson appointed President and CEO of Income Opportunity Realty Investors
Erik L. Johnson, age 56, appointed President and CEO effective May 28, 2024.
IOR Q1 2024 net income rises to $1.2M ($0.29 diluted EPS) from $1.1M ($0.25) YoY
Net income attributable to common shares was $1.2 million, up from $1.1 million in Q1 2023.
IOR amends advisory agreement; consolidates fees into NAV fee and reimbursements
Effective Jan 1, 2024, IOR and Pillar signed amended advisory agreement simplifying fee structure.
Income Opportunity Realty Investors Q4 net income doubles to $2.5M
Net income $2.5M ($0.60 diluted EPS) vs. $1.3M ($0.30) for Q4 2022.
Stockholders approve amendment to Articles of Incorporation; Certificate filed
Amendment to Article TENTH, Subpart C approved at annual meeting Dec 13, 2023.
Swalm & Associates P.C. ceased services Jan 2, 2024 due to upcoming retirement of principal Edward S. Swalm.
Auditor Swalm resigns due to retirement; no adverse opinions ever issued
Swalm & Associates resigned effective Jan 2, 2024, citing retirement of principal Edward S. Swalm.
All four director nominees elected with ~90% votes for (Butler, Jakuszewski, Munselle, Lara Celis).
IOR reports Q3 net income $0.39/share vs $0.29; interest income up 38%
Q3 net income $1.6M ($0.39 diluted EPS), up from $1.2M ($0.29) in Q3 2022.
Director Raymond D. Roberts, Sr. resigns; Fernando Victor Lara Celis appointed to IOR board
Raymond D. Roberts, Sr., age 91, resigned as director and from all board committees on October 10, 2023.
IOR reports Q2 net income $1.8M, EPS $0.44, up from $0.20
Net income of $1.8M ($0.44 diluted EPS) vs $0.8M ($0.20 EPS) in Q2 2022
IOR Q1 net income $1.1M ($0.25/diluted) up from $0.6M ($0.15) YoY
Net income attributable to common shares $1.1M ($0.25 per diluted share) vs. $0.6M ($0.15) in Q1 2022.
CEO Bradley J. Muth resigns effective April 14, 2023
Bradley J. Muth resigned as President and CEO effective April 14, 2023.
IOR reports Q4 2022 net income of $1.3M, up from $0.7M YoY
Net income attributable to common shares: $1.3M ($0.30 diluted EPS) vs $0.7M ($0.17) in Q4 2021.
All four incumbent directors elected with over 92% of votes cast: Butler, Jakuszewski, Munselle, Roberts.
IOR reports Q3 2022 net income of $1.2M, up from $0.7M YoY
Net income attributable to common shares: $1.2 million ($0.29 per diluted share) for Q3 2022.
Income Opportunity Realty Investors reports Q2 2022 net income of $0.8M or $0.20 per diluted share
Net income attributable to common shares was $0.8 million for Q2 2022, matching the prior-year period.
Shareholder derivative lawsuit against IOR voluntarily dismissed with prejudice
Plaintiff Paul Berger voluntarily dismissed derivative suit on June 28, 2022; no settlement or consideration paid.
IOR Q4 2021 net income down to $0.7M ($0.17 per share) from $1.3M ($0.32) YoY
Net income attributable to common shares: $0.7M for Q4 2021 vs $1.3M in Q4 2020.
IOR appoints Bradley Muth as CEO and Erik Johnson as CFO effective Dec 16, 2021
Bradley J. Muth appointed President and CEO; 30+ years in real estate, most recently at ValueRock Realty.
IOR reports Q3 2021 net income of $712K, EPS $0.17 vs $0.18 YoY
Net income was $712K ($0.17 diluted EPS) for Q3 2021, down from $761K ($0.18) in Q3 2020.
Income Opportunity Realty Q2 net income falls to $819k from $1.27M YoY
Net income $819k ($0.20 diluted EPS) vs $1.265M ($0.30) in Q2 2020, down 35%.
Effective May 28, 2024, the Board of Directors of Income Opportunity Realty Investors, Inc. (the “ Company ” or the “ Issuer ” or “ IOR ”) appointed Erik L. Johnson, age 56, President and Chief Executive Officer of the Company.
the April 14, 2023 resignation of Bradley J. Muth, age 68, from the offices of President and Chief Executive Officer.
On October 10, 2023, Raymond D. Roberts, Sr. resigned as a director and from all Board Committees of Income Opportunity Realty Investors, Inc.
On October 10, 2023, the Board of Directors of IOR selected Fernando Victor Lara Celis, age 57, as a director effective October 11, 2023, to fill a vacancy on the Board of Directors created by the resignation of Raymond D. Roberts, Sr.
Effective April 14, 2023, Bradley J. Muth age 63, President and Chief Executive Officer since December 16, 2021 of American Realty Investors, Inc. (the “ Company ” or the “ Issuer ”) ceased to be and resigned as President and Chief Executive Officer as well as all positions with any subsidiary entities.
Effective as of December 16, 2021, the Board of Directors of Income Opportunity Realty Investors, Inc. (the “ Company ” or the “ Issuer ” or “ IOR ”) appointed Bradley J. Muth, age 61, President and Chief Executive Officer of the Company.
Also as of December 16, 2021, the Board of Directors of the Company appointed Erik L. Johnson, age 53, Executive Vice President and Chief Financial Officer of the Company.
Max materiality 0.65 · Median 0.50 · Most common event earnings