Cause IQ organization profile

National Investment Center for Seniors Housing and Care (NIC)

NIC is a retirement home based in Annapolis, MD that was founded in 1992. As of 2019 they had $18 million in revenue and $13 million in assets.

National Investment Center's mission is to advance the quality and availability of seniors housing and care for America's elders.

Previous legal names or variations of their name include: National Investment Center For The Senior Housing And Care Industry.

EIN:

52-1802714

City:

Annapolis

State:

Maryland

Metro:

Baltimore-Columbia-Towson, MD

Website:

nic.org

Phone:

(410) 267-0504

Twitter:

@natl_inv_ctr

Founded:

1992

Type:

501(c)(3)

NTEE:

L22: Retirement homes and senior housing programs

Revenue:

$18,476,298

Assets:

$13,543,105

Employees:

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at NIC

National conference and educational events - conferences and educational events are held to exchange information related to nic'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 publication 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.

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 to promote and disseminate research on quality and availability of seniors housing and care settings.

Market area profiles subscription service - nic industry data revenue received from map, which provides historical time series data on aggregated operational and financial performance of seniors housing and care facilities. Map 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.

Form 990s for NIC

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Dec 5, 2019	990	View PDF
2017-12	Nov 15, 2018	990	View PDF
2016-12	Oct 26, 2017	990	View PDF
2015-12	Sep 19, 2016	990	View PDF
2014-12	Oct 9, 2015	990	View PDF
...and five more Form 990 PDFs

Financials for NIC

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$18,388,294	$16,412,984	12.0%
Investment income and dividends	$88,004	$50,993	72.6%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$-3,961	-100%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$18,476,298	$16,460,016	12.2%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$246,784	$92,771	166.0%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$3,060,889	$3,020,391	1.3%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$3,149,920	$3,251,310	-3.1%
Pension/retirement accruals and contributions	$206,534	$192,035	7.6%
Other employee benefits	$245,761	$229,770	7.0%
Payroll taxes	$397,190	$378,642	4.9%
Management fees	$0	$0
Legal fees	$412,550	$355,944	15.9%
Accounting fees	$26,072	$23,164	12.6%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$2,262,642	$2,687,485	-15.8%
Advertising and promotion	$497,219	$136,966	263.0%
Office expenses	$848,753	$806,815	5.2%
Information tech. expenses	$743,736	$527,849	40.9%
Royalty expenses	$0	$0
Occupancy	$376,671	$374,882	0.5%
Travel	$478,787	$514,363	-6.9%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$3,653,804	$3,474,885	5.1%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$1,274,458	$1,052,141	21.1%
Insurance	$55,984	$58,931	-5.0%
All other expenses	$141,862	$138,949	2.1%
Total expenses	$18,079,616	$17,317,293	4.4%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$3,695,198	$5,196,537	-28.9%
Savings, short-term investments, etc.	$7,347,987	$5,285,910	39.0%
Pledges and grants receivable	$0	$0
Accounts receivable	$74,667	$46,189	61.7%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$248,345	$165,805	49.8%
Buildings, equipment, etc. post-depreciation	$1,856,118	$2,157,002	-13.9%
Investments, publicly traded securities	$134,573	$133,281	1.0%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$186,217	$15,440	1106.1%
Total assets	$13,543,105	$13,000,164	4.2%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$2,054,966	$2,085,022	-1.4%
Grants payable	$0	$0
Deferred revenue	$4,915,155	$4,698,159	4.6%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$162,555	$203,236	-20.0%
Total liabilities	$7,132,676	$6,986,417	2.1%

Field	2018	2017	% Change
Unrestricted net assets	$6,410,429	$6,013,747	6.6%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for NIC

Vendor	Services	Amount paid	Date
HubSpot	Marketing software; CRM software; Content management system software		2020-06-24
█████████	Content management system software		2020-06-24
███████ ███	Tax accounting		2019-09-18
█████████ ████████	Software		2019-02-26
████ ██████ █████	Spring Conference	$696,549	2018-12-01
█████████ █████	Research Data	$661,549	2018-12-01
████████ ███████ █████ ███ ██████	Fall Conference	$1,100,614	2018-12-01
█████ ████████ ██	Conference Services	$513,986	2018-12-01
...and two more vendors

Personnel at NIC

Name	Title	Compensation	Most recent data
Brian Jurutka	President and Chief Executive Officer	$517,053	May 21, 2020
Mary Ann Donaghy	Chief Marketing and Communications Officer	$166,615	July 17, 2019
████ ███████ ████	Chief Economist and Director of Outreach	-	May 21, 2020
█████ █████	Chief of Research and Analytics	-	July 17, 2019
████████ ██████	Managing Director	$253,642	Jan. 8, 2019
█████████ ███████	Director of Finance	$160,825	Dec. 31, 2018
██████ █████	Director Product and Technology	$197,040	Dec. 31, 2018
█████ ██████	Map SR Manager	$159,311	Dec. 31, 2018
█████████ ████	Past Chief Economist	$372,896	Dec. 31, 2018
████ ████	Past Senior Principal , Reasearch	$128,160	Dec. 31, 2018
...and 18 more key personnel

Peer retirement homes and senior housing programs

	Name	Type	Revenue	Location
1	Auburn Ravine	501(c)(3)	$8.4 million	Long Beach, CA
2	National Church Residences - Health Care	501(c)(3)	$10 million	Columbus, OH
3	Buckner Retirement Services	501(c)(3)	$51 million	Dallas, TX
4	Harriett and Ralph Kaplan Estates	501(c)(3)	$8.0 million	Peabody, MA
5	Park Village	501(c)(3)	$7.3 million	Harrisonburg, VA
6	Marietta Continuing Care Retirement Community	501(c)(3)	$6.1 million	Marietta, OH
7	Cypress Glen Retirement Community	501(c)(3)	$15 million	Durham, NC
8	Hoopeston Retirement Village Foundation	501(c)(3)	$5.7 million	Hoopeston, IL
9	St Mary's Woods	501(c)(3)	$6.5 million	Roanoke, VA
10	Elder Housing LLC	501(c)(3)	$8.3 million	Flint, MI
11	Auburn Manor	501(c)(3)	$8.9 million	Chaska, MN
12	The Terraces of Boise	501(c)(3)	$13 million	Pleasanton, CA
13	Traditions at Stygler Road	501(c)(3)	$7.0 million	Columbus, OH
14	Walker Methodist Hazel Ridge	501(c)(3)	$5.9 million	Minneapolis, MN
15	St Annes Terrace	501(c)(3)	$4.7 million	Atlanta, GA
16	National Church Residences	501(c)(3)	$38 million	Columbus, OH
17	Traditions at Mill Run	501(c)(3)	$5.3 million	Columbus, OH
18	Wyndham	501(c)(3)	$5.9 million	Kalamazoo, MI
19	Our Lady of Peace	501(c)(3)	$10 million	Roanoke, VA
20	National Church Residences - Traditions at Chillicothe	501(c)(3)	$13 million	Columbus, OH
21	Avalon Square	501(c)(3)	$5.9 million	Roseville, MN
22	John Bertram House of Swampscott	501(c)(3)	$4.8 million	Swampscott, MA
23	Haven Park Christian Housing and Nursing Association of Zeeland	501(c)(3)	$13 million	Tinley Park, IL
24	Mercy Ridge	501(c)(3)	$22 million	Timonium, MD
25	Inverness Village	501(c)(3)	$20 million	Frederick, MD

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Cause IQ organization profile

National Investment Center for Seniors Housing and Care (NIC)

Program areas at NIC

Form 990s for NIC

Financials for NIC

Vendors for NIC

Personnel at NIC

Peer retirement homes and senior housing programs

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