EIN 52-1802714

National Investment Center for Seniors Housing and Care (NIC)

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
National Investment Center's mission is to advance the quality and availability of seniors housing and care for America’s elders.
Also known as...
National Investment Center for the Senior Housing and Care Industry; National Investment Center
Total revenues
Total expenses
Total assets
Num. employees

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.

Grants made by NIC

GranteeGrant descriptionAmount
Alzheimer's AssociationCharitable Donation and Sponsorship$13,000
Vision Centre-Leadership Development for Aging ServicesEndorsing Organization Commitment$10,000
Real Estate Research InstituteResearch Sponsorship$7,500
...and 1 more grant made

Personnel at NIC

Ray BraunChief Executive Officer and President$90,242
Charles HarryChief Operating Officer / Chief of Research and Analytics / Chief of Research / Managing Director and Director of Research and Analytics$419,475
Elizabeth MaceChief Economist$398,321
Omar ZahraouiPrincipal$114,916
Thomas Ryan BrooksSenior Principal Research$133,485
...and 24 more key personnel

Financials for NIC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$18,479,435
Investment income and dividends$90,268
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$44,525,074
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$909
Total revenues$63,095,686

Form 990s for NIC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-09-22990View PDF
2019-122021-02-24990View PDF
2018-122019-12-05990View PDF
...and 9 more Form 990s

Organizations like NIC

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Saint Anne Home and Retirement CommunityFort Wayne, IN$25,970,139
Maris GroveGlen Mills, PA$97,047,625
Wayzata Bay Senior Housing (PHS)Roseville, MN$20,877,762
Jones-Harrison Residence CorporationMinneapolis, MN$21,312,377
Penick VillageSouthern Pines, NC$19,095,592
RiverMeadPeterborough, NH$26,258,279
Terwilliger PlazaPortland, OR$18,469,519
Oakwood Village Prairie Ridge HomesMadison, 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
Human servicesHousingBusiness and industry
Community engagement / volunteeringTax deductible donations
General information
1 Park Pl Suite 450
Annapolis, MD 21401
Metro area
Baltimore-Columbia-Towson, MD
Anne Arundel County, MD
Website URL
(410) 267-0504
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary
813910: Trade Associations
Parent/child status
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