nonprofit logo

National Association Of Real Estate Investment Trusts (Nareit)

Nareit

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273586050 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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: $6,299,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,651,422

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 President & Ceo of National Association Of Real Estate Investment Trusts (Nareit). The CEO's salary of National Association Of Real Estate Investment Trusts (Nareit) is $2,586,281 and their total compensation is $2,646,980.


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 2022 was $33,272,382.


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 2022 was $249,181. There are 60 employees at National Association Of Real Estate Investment Trusts (Nareit).


Here are 47 key members and their salaries (National Association Of Real Estate Investment Trusts (Nareit)'s CEO's salary is $2,586,281 and their total compensation is $2,646,980):


Marguerite M Nader (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Connor (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Palmer (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Matthew Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter E Baccile (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Bartlett (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara D Fischer (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conor C Flynn (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie D Hale (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas M Herzog (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark J Parrell (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Risoleo (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumit Roy (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Schall (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
A William Stein (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Taylor Jr (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen D Thomas (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Palmer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Matthew Kelly (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conor C Flynn (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumit Roy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter E Baccile (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Bartlett (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara D Fischer (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie D Hale (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite M Nader (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark J Parrell (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward B Pitoniak (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Risoleo (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph D Russell Jr (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin W Schall (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Schall (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Taylor Jr (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen D Thomas (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Wechsler (President & Ceo)
  • Compensation: $2,586,281
  • Related: $0
  • Other: $60,699
Catherine Barre (Evp & General Counsel)
  • Compensation: $720,034
  • Related: $0
  • Other: $71,975
Sheldon Groner (Evp, Finance & Ops (Thru 4/1/22))
  • Compensation: $304,280
  • Related: $0
  • Other: $37,595
Roberto Diaz (Evp, Finance & Fiscal Management)
  • Compensation: $362,590
  • Related: $0
  • Other: $57,257
Tony Edwards (Senior Executive Vice President)
  • Compensation: $1,009,222
  • Related: $0
  • Other: $63,163
John Worth (Evp, Research & Investor Outreach)
  • Compensation: $571,304
  • Related: $0
  • Other: $71,885
Matthew Bechard (Evp, Comms. & Industry Affairs)
  • Compensation: $394,750
  • Related: $0
  • Other: $67,872
Victor Dristas (Evp, Operations)
  • Compensation: $349,219
  • Related: $0
  • Other: $66,137
Robert Dibblee (Svp, Government Relations)
  • Compensation: $541,002
  • Related: $0
  • Other: $24,870
Victoria Rostow (Svp, Reg. Affairs & Deputy Gc)
  • Compensation: $468,741
  • Related: $0
  • Other: $48,985
George Yungmann (Svp, Financial Standards)
  • Compensation: $463,449
  • Related: $0
  • Other: $52,889
Christopher Drula (Svp, Financial Standards)
  • Compensation: $458,561
  • Related: $0
  • Other: $63,875
Kurt Walten (Svp, Investment Affairs)
  • Compensation: $452,752
  • Related: $0
  • Other: $68,675


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 2022 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$33,272,382 (2022)
Expenses
$34,223,432 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $925,761
  • Program Service Revenue: $24,799,076
  • Gross Receipts: $38,859,650

Assets and Liabilities:

  • Total Assets: $40,371,097
  • Total Liabilities: $25,718,651
  • Net Assets: $14,652,446

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES

Revenue

$18,536,162

CONFERENCES

Revenue

$5,889,346

PUBLICATIONS

Revenue

$269,806

PUBLICATIONS

Revenue

$103,762

Organization Details

Founding Year

2010

Principal Officer

Steven Wechsler

Main Address

1875 I STREET NW 500, WASHINGTON, DC, 200065413

NTEE Category

Code: S41 - Community improvement

If you are a representative of National Association Of Real Estate Investment Trusts (Nareit) and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.