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Rics Americas Inc

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

EIN: 452383686 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Rics Americas Inc?

Rics Americas Inc, situated in New York City, is a nonprofit organization that primarily focuses on promoting and enforcing professional standards. Their primary activity involves promoting membership and processing applications for professionals in a specific region, with a 5% markup on the internal costs incurred for these activities. Their mission is to establish a strong international presence, recognized as the body that promotes and enforces professional standards and offers access to prestigious professional status. The organization is run by a team of 10 individuals.


Official website here: www.rics.org

Is Rics Americas Inc legitimate?

Rics Americas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rics Americas Inc 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: $164,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $662,841

For more financial information, click here


Official website here: www.rics.org

What is the mission statement of Rics Americas Inc?

Rics Americas Inc is committed to promoting and enforcing professional standards in their field. Their mission is to establish a strong global reputation as the authority that upholds these professional standards. They aim to offer access to a highly sought-after professional status within key international markets. For more detailed information, refer to Schedule O. Rics Americas Inc generates income through service fees, which cover the reimbursement of costs and an additional 5% markup for activities related to promoting membership and processing applications for professionals in their region.


Official website here: www.rics.org

What is the revenue of Rics Americas Inc?

Rics Americas Inc's revenue in 2023 was $1,417,631.


Official website here: www.rics.org

Who are the executives of Rics Americas Inc and what are their salaries?

The average compensation at Rics Americas Inc during 2023 was $103,462. There are 8 employees at Rics Americas Inc.

Here are 7 key members and their salaries:


Neil Shah Until 732023 (Director Of Strategic Part)
  • Compensation: $138,468
  • Related: $0
  • Other: $26,386
Alison Currie (Director (As Of 7/3/2023))
  • Compensation: $0
  • Related: $225,495
  • Other: $21,257
Lorella Paterson (Director (As Of 9/30/2023))
  • Compensation: $0
  • Related: $232,856
  • Other: $13,188
Steve Choi (Program Lead - Valuation)
  • Compensation: $129,795
  • Related: $0
  • Other: $46,088
Michael Zuriff (Sen. Public Affairs Office)
  • Compensation: $114,832
  • Related: $0
  • Other: $41,137
Anil Sawhney (Program Lead - Constructio)
  • Compensation: $146,549
  • Related: $0
  • Other: $48,388
Allen Williams (Partner Development Manage)
  • Compensation: $101,608
  • Related: $0
  • Other: $22,857


Official website here: www.rics.org

Where can I find the form 990 for Rics Americas Inc?

Rics Americas Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rics.org

Learn more at the official website: www.rics.org

Mission Statement of Rics Americas Inc

Rics Americas Inc, as an organization, is committed to promoting and enforcing professional standards in its field. Its mission is to gain recognition in significant international markets as the authority that upholds and enforces professional standards. The organization also aims to offer access to a highly sought-after professional status. For further details, refer to Schedule O for more information. Rics Americas Inc generates income through service fees, which cover the reimbursement of costs and an additional 5% markup on internal costs related to promoting membership and processing applications for professionals in the region.

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Impact




October, 2024

Rics Americas Inc significantly impacts the professional landscape by promoting and enforcing high professional standards across key international markets. Based in New York, the organization focuses on enhancing the value of membership for professionals in the region, facilitating their applications and ensuring they meet recognized standards. This commitment not only elevates individual careers but also contributes to overall community improvement by fostering a skilled and ethical workforce. Through structured service fee income, Rics Americas supports the broader initiatives of RICS UK, creating a robust framework for professional development and recognition. Its mission underscores the importance of maintaining high standards in the industry, ultimately benefiting professionals, clients, and communities alike.




This information is meant to be a general summary of Rics Americas Inc. 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
$1,417,631 (2023)
Expenses
$1,465,980 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,417,631
  • Gross Receipts: $1,417,631

Assets and Liabilities:

  • Total Assets: $284,354
  • Total Liabilities: $6,191,873
  • Net Assets: -$5,907,519

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Programs

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

SERVICE FEE INCOME

Revenue

$1,324,067

CONFERENCE/SPONSORSHIP

Revenue

$93,564

Organization Details

Founding Year

2011

Principal Officer

Lorella Paterson

NTEE Category

Code: S40 - Community improvement

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