Program areas at NIC
CONFERENCES AND EDUCATIONAL ACTIVITIES: Conferences and educational events are held to exchange information related to the organization's exempt purpose. The conferences and educational events advance NIC's charitable and educational mission to promote availability and quality of housing and care for America's elders by providing a forum for the exchange of data and analytics which compress the cost of capital for seniors housing and care organizations, promote education on the critical role of operations and operators in the quality and success of seniors housing and care, and provide a forum for the development of leaders in seniors housing and care.
Nic map vision subsription service: revenue from subscription to ni: map vision, which provides time series data on operational and financial performance of senior Housing & Care properties and information on populations by geography. Nic map vision advances nic's charitable and educational mission to make Seniors Housing and Care settings and services available to a greater percentage of america's elders by providing increased transparency from reliable data and analytics which serve to increase the availability of capital and to compress the cost of capital for Seniors Housing and Care organizations.
RESEARCH SERVICES: Revenue received from support of research projects, research studies, and sponsorships of research publications. NIC's research advances NIC's charitable and educational mission by increasing transparency, enabling access and choice for America's elders, encouraging leadership development, and fostering innovation in seniors housing and care.
Personnel at NIC
| Name | Title | Compensation | Date of data |
|---|
| Ray Braun | Chief Executive Officer and President | $90,242 | 2023-11-15 |
| Charles Harry | Chief Operating Officer / Chief of Research and Analytics / Chief of Research / Managing Director and Director of Research and Analytics | $419,475 | 2022-12-31 |
| Elizabeth Mace | Chief Economist | $398,321 | 2022-12-31 |
| Omar Zahraoui | Principal | $114,916 | 2022-12-31 |
| Thomas Ryan Brooks | Senior Principal Research | $133,485 | 2022-12-31 |
| ...and 24 more key personnel |
Financials for NIC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $2,514,436 | -100% |
| Program services | $18,479,435 | $16,840,812 | 9.7% |
| Investment income and dividends | $90,268 | $219 | 41118.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $44,525,074 | $0 | 999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $909 | $114 | 697.4% |
| Total revenues | $63,095,686 | $19,355,581 | 226% |
Organizations like NIC
| Organization | Type | Location | Revenue |
|---|
| St Leonard | 501(c)(3) | Centerville, OH | $31,380,822 |
| The Glebe | 501(c)(3) | Glen Allen, VA | $18,720,832 |
| Saint Anne Home and Retirement Community | 501(c)(3) | Fort Wayne, IN | $25,970,139 |
| Maris Grove | 501(c)(3) | Glen Mills, PA | $97,047,625 |
| Wayzata Bay Senior Housing (PHS) | 501(c)(3) | Roseville, MN | $20,877,762 |
| Jones-Harrison Residence Corporation | 501(c)(3) | Minneapolis, MN | $21,312,377 |
| Penick Village | 501(c)(3) | Southern Pines, NC | $19,095,592 |
| RiverMead | 501(c)(3) | Peterborough, NH | $26,258,279 |
| Terwilliger Plaza | 501(c)(3) | Portland, OR | $18,469,519 |
| Oakwood Village Prairie Ridge Homes | 501(c)(3) | Madison, WI | $17,179,778 |
Data update history
January 18, 2024
Updated personnel
Identified 2 new personnel
January 12, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 3 new personnel
December 29, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHousing and shelter organizationsRetirement homesCharities
Issues
Human servicesHousingBusiness and industry
Characteristics
Community engagement / volunteeringTax deductible donations
General information
- Address
- 1 Park Pl Suite 450
- Annapolis, MD 21401
- Metro area
- Baltimore-Columbia-Towson, MD
- County
- Anne Arundel County, MD
- Website URL
- nic.org/
- Phone
- (410) 267-0504
- Twitter profile
- @natl_inv_ctr
IRS details
- EIN
- 52-1802714
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1992
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L22: Senior Citizens Housing, Retirement Communities
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
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