Overview
What is National Association Of Real Estate Investment Trusts (Nareit)?
The National Association of Real Estate Investment Trusts (Nareit) is a Washington, D.C.-based trade association dedicated to advocating for the interests of REITs and related businesses in the United States. With a mission to further the needs of its members, which comprise REITs and other organizations that own, operate, and finance income-producing real estate, Nareit plays a crucial role in keeping both its members and the public informed about the legislative landscape affecting REITs and the broader real estate industry. Their activities encompass government relations and education, aiming to create a favorable environment for their members. Nareit's team includes approximately 60 employees working together to advance the real estate investment trust sector.
Official website here: www.reit.com
What do the Facebook reviews say about National Association Of Real Estate Investment Trusts (Nareit)?
92% of the 11 reviewers on Facebook would recommend the National Association of Real Estate Investment Trusts (Nareit). Here is a summary of their reviews:
Many users express enthusiasm for the organization's role in empowering real estate. They appreciate Nareit's efforts to advocate for the interests of real estate investment trusts and promote education within the industry. Reviewers highlight the positive impact of Nareit's initiatives and resources on their understanding of real estate investment.
Overall, supporters feel that Nareit successfully fulfills its mission by providing valuable information and support, making it a trusted entity in the real estate community. Whether through advocacy or educational resources, it appears that Nareit meets the expectations of its audience.
This AI summary has been generated from reviews found on Facebook.
Is National Association Of Real Estate Investment Trusts (Nareit) legitimate?
National Association Of Real Estate Investment Trusts (Nareit) is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Real Estate Investment Trusts (Nareit) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,385,371
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,951,170
For more financial information, click here
Official website here: www.reit.com
What is the mission statement of National Association Of Real Estate Investment Trusts (Nareit)?
The National Association of Real Estate Investment Trusts (NAREIT) serves as the trade association for Real Estate Investment Trusts (REITs) and publicly traded real estate companies in the US. Its primary objective is to advance the interests of its members, which consist of REITs and other businesses involved in the ownership, operation, and financing of income-producing real estate. NAREIT plays a critical role in government relations, ensuring that members and the public stay informed about the legislative landscape surrounding REITs and the real estate sector as a whole.
Official website here: www.reit.com
Who is the CEO of National Association Of Real Estate Investment Trusts (Nareit)?
Steven Wechsler is the CEO of National Association Of Real Estate Investment Trusts (Nareit) The CEO's salary of National Association Of Real Estate Investment Trusts (Nareit) is $2,685,856 and their total compensation is $2,750,652.
Official website here: www.reit.com
What is the revenue of National Association Of Real Estate Investment Trusts (Nareit)?
National Association Of Real Estate Investment Trusts (Nareit)'s revenue in 2023 was $35,406,722.
Official website here: www.reit.com
Who are the executives of National Association Of Real Estate Investment Trusts (Nareit) and what are their salaries?
The average compensation at National Association Of Real Estate Investment Trusts (Nareit) during 2023 was $320,324. There are 51 employees at National Association Of Real Estate Investment Trusts (Nareit).
Here are 46 key members and their salaries (National Association Of Real Estate Investment Trusts (Nareit)'s CEO's salary is $2,685,856 and their total compensation is $2,750,652):
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- Compensation: $2,685,856
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- Compensation: $474,541
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- Other: $44,279
Official website here: www.reit.com
Where can I find the form 990 for National Association Of Real Estate Investment Trusts (Nareit)?
National Association Of Real Estate Investment Trusts (Nareit)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.reit.com
Learn more at the official website: www.reit.com
Mission Statement of National Association Of Real Estate Investment Trusts (Nareit)
The National Association of Real Estate Investment Trusts (NAREIT) is a prominent trade organization dedicated to advancing the interests of REITs and other businesses involved in the ownership, operation, and financing of income-producing real estate in the United States. NAREIT's primary mission lies in supporting its members, which include REITs and various other real estate enterprises, by fostering a favorable legislative environment for the real estate industry as a whole.
NAREIT plays a pivotal role in government relations, ensuring that its members and the public remain informed about the legislative landscape surrounding REITs and the real estate sector at large. By doing so, the association facilitates a robust and thriving industry where its members can effectively contribute and succeed. The organization's commitment to its mission is instrumental in promoting the growth and development of income-producing real estate and, as a result, the economy at large.
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Impact
October, 2024
The National Association of Real Estate Investment Trusts (Nareit) plays a crucial role in promoting and protecting the interests of Real Estate Investment Trusts (REITs) and publicly traded real estate companies in the U.S. By engaging in government relations, Nareit ensures that its members are well-informed about the legislative landscape affecting both REITs and the broader real estate industry. This advocacy helps shape policies that support the growth and stability of income-producing real estate, which in turn fosters investment and development in communities.
Nareit's efforts also contribute to raising public awareness of the benefits of REITs, which provide a mechanism for the public to invest in real estate portfolios, thus democratizing real estate investment. Through educational initiatives and research, Nareit highlights the significance of REITs in providing affordable housing, creating jobs, and enhancing the overall economy. The association's work ultimately facilitates a more informed dialogue about the positive impacts of real estate investment on community development and economic vitality.
This information is meant to be a general summary of National Association Of Real Estate Investment Trusts (Nareit). Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,025,582
- Program Service Revenue: $26,474,453
- Gross Receipts: $42,829,184
Assets and Liabilities:
- Total Assets: $40,371,097
- Total Liabilities: $25,718,651
- Net Assets: $14,652,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$19,839,036
CONFERENCES
Revenue
$6,374,013
PUBLICATIONS
Revenue
$165,650
PUBLICATIONS
Revenue
$95,754
Organization Details
Founding Year
2010
Principal Officer
Steven Wechsler
Website
www.reit.comNTEE Category
Code: S41 - Community improvement
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