Program areas at NAREIT
Government relations are integral to keeping members and the public informed of the legislative environment surrounding reits and the Real Estate industry as a whole.
Conferences and seminars bring members and experts in the business of Real Estate Investment Trusts together to confer, consult, and cooperate to address industry issues.
Communications and publications are produced and disseminated to keep membership, and the public at large, informed of current industry issues. Publications include industry educational materials, and results of industry and educational research.
Grants made by NAREIT
| Grantee | Grant description | Grant year | Amount |
|---|
| Nareit Foundation | General Operations Support | 2023-12 | $130,000 |
Who funds National Association of Real Estate Investment Trusts (NAREIT)
Grants from foundations and other nonprofits
Personnel at NAREIT
| Name | Title | Compensation | Date of data |
|---|
| Steven Wechsler | President and Chief Executive Officer | $2,586,281 | 2022-12-31 |
| Sheldon Groner | Executive Vice President , Finance and Operations | $304,280 | 2022-12-31 |
| Victor Dristas | Executive Vice President , Operations | $349,219 | 2022-12-31 |
| Roberto Diaz | Executive Vice President , Finance and Fiscal Management | $362,590 | 2023-06-19 |
| Matthew Bechard | Executive Vice President , Comms and Industry Affairs | $394,750 | 2022-12-31 |
| ...and 25 more key personnel |
Financials for NAREIT
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $26,474,453 | $24,799,076 | 6.8% |
| Investment income and dividends | $1,025,582 | $764,238 | 34.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $8,274,000 | $7,454,159 | 11% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-449,200 | $161,523 | -378.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $81,887 | $93,386 | -12.3% |
| Total revenues | $35,406,722 | $33,272,382 | 6.4% |
Organizations like NAREIT
| Organization | Type | Location | Revenue |
|---|
| CoreNet Global | 501(c)(6) | Atlanta, GA | $14,405,283 |
| Illinois Realtors (IAR) | 501(c)(6) | Springfield, IL | $17,789,367 |
| Wisconsin Realtors Association (WRA) | 501(c)(6) | Madison, WI | $8,927,246 |
| American Land Title Association (ALTA) | 501(c)(6) | Washington, DC | $14,035,204 |
| Florida Realtors | 501(c)(6) | Orlando, FL | $44,445,426 |
| California Apartment Association | 501(c)(6) | Sacramento, CA | $10,347,193 |
| National Associaton of Hispanic Real Estate Professionals (NAHREP) | 501(c)(6) | San Diego, CA | $12,717,089 |
| Pennsylvania Association of Realtors (PAR) | 501(c)(6) | Lemoyne, PA | $8,862,590 |
| Real Estate Board of New York (REBNY) | 501(c)(6) | New York, NY | $16,622,426 |
| Miami Association of Realtors | 501(c)(6) | Miami, FL | $25,612,841 |
Data update history
March 25, 2024
Used new vendors
Identified 1 new vendor, including
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 27, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsReal estate organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
Political advocacyOperates internationally
General information
- Address
- 1875 I St NW 500
- Washington, DC 20006
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- County
- District of Columbia, DC
- Website URL
- reit.com/Â
- Phone
- (202) 739-9400
- Facebook page
- REITsNAREITÂ
- Twitter profile
- @reits_nareitÂ
IRS details
- EIN
- 27-3586050
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2010
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S47: Real Estate Organizations
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Central organization
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