National Multifamily Housing Council Inc

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

EIN: 521127504 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is National Multifamily Housing Council Inc?

The National Multifamily Housing Council Inc, based in Washington D.C., serves as a leading advocacy organization for the apartment industry. Through their efforts, they shape legislation and regulations that benefit multi-family rental organizations. In addition to advocacy, they conduct research and generate best practice resources to enhance the industry. The council's mission is to promote apartment living as a desirable housing option.


Official website here: www.nmhc.org

What are the reviews and ratings of this charity?

The National Multifamily Housing Council Inc is not currently rated by Charity Navigator. The absence of a rating is due to its status as a non-501(c)(3) organization, which means it doesn't fit the criteria for evaluation in several metrics like Impact & Measurement or Culture & Community. This should not be interpreted as indicative of its performance or effectiveness.

Charity Navigator notes the historical evaluation might have focused on a version of today's Accountability and Finance score, but no specific data regarding the organization's financials, such as total revenue, expenses, or key person's salaries, is currently available. The council is recognized as an independent nonprofit, and its Form 990 is accessible through IRS data, indicating compliance in reporting standards.

There are no user reviews found for National Multifamily Housing Council Inc on GreatNonprofits. Therefore, individual experiences and feedback from stakeholders or beneficiaries are not currently documented in this platform.


This AI summary has been generated from information found on Charity Navigator.

Is National Multifamily Housing Council Inc legitimate?

National Multifamily Housing Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Multifamily Housing Council 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: $3,366,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,556,153

For more financial information, click here


Official website here: www.nmhc.org

What is the mission statement of National Multifamily Housing Council Inc?

The National Multifamily Housing Council Inc serves as a leading advocate for the apartment industry, focusing on legislative and regulatory matters. They champion the cause of multi-family rental organizations through their mission. In addition to advocacy, NMHC encourages research advancements and generates best practices resources. Their ultimate goal is to promote the attractiveness of apartment living.


Official website here: www.nmhc.org

Who is the CEO of National Multifamily Housing Council Inc?

Doug Bibby is the President of National Multifamily Housing Council Inc.


Official website here: www.nmhc.org

What is the revenue of National Multifamily Housing Council Inc?

National Multifamily Housing Council Inc's revenue in 2022 was $20,394,489.


Official website here: www.nmhc.org

Who are the executives of National Multifamily Housing Council Inc and what are their salaries?

The average compensation at National Multifamily Housing Council Inc during 2022 was $183,756. There are 54 employees and 100 volunteers at National Multifamily Housing Council Inc.


Here are 13 key members and their salaries:


Doug Bibby (President)
  • Compensation: $2,079,886
  • Related: $0
  • Other: $230,249
Ken Valach (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Baker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Schloemer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schwartz (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Emson (Coo Assistant Treasurer)
  • Compensation: $462,680
  • Related: $0
  • Other: $47,438
Cindy Chetti (Senior Vice President)
  • Compensation: $510,035
  • Related: $0
  • Other: $36,410
Kim Duty (Senior Vice President)
  • Compensation: $360,053
  • Related: $0
  • Other: $60,377
Mark Obrinsky (Senior Vice President)
  • Compensation: $310,944
  • Related: $0
  • Other: $65,249
Eileen Lee (Vice President)
  • Compensation: $305,656
  • Related: $0
  • Other: $65,249
Betsy Befus (Senior Vice President And General Counsel)
  • Compensation: $314,933
  • Related: $0
  • Other: $70,935
Matthew Berger (Vice President)
  • Compensation: $313,240
  • Related: $0
  • Other: $36,410


Official website here: www.nmhc.org

Where can I find the form 990 for National Multifamily Housing Council Inc?

National Multifamily Housing Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nmhc.org

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

Mission Statement of National Multifamily Housing Council Inc

The National Multifamily Housing Council Inc, headquartered in Washington D.C., is a prominent advocacy group dedicated to championing the interests of multi-family rental organizations. Committed to driving change on legislative and regulatory fronts, this council serves as a powerful voice for the apartment industry.

In fulfilling its mission, the National Multifamily Housing Council Inc provides leadership and direction for the apartment industry. It advocates for policies that support the growth and success of multi-family rental organizations. Additionally, the council advances research and generates insights to guide best practices within the industry. Furthermore, it promotes the appeal of apartment living by producing informative resources and materials.

Throughout its advocacy efforts, the National Multifamily Housing Council Inc champions the cause of creating desirable living environments for tenants. By engaging in constructive dialogue with government bodies, it works to ensure that policies align with the needs of the multi-family rental sector. Furthermore, the council's research initiatives aim to inform and inspire innovative approaches to apartment living, enhancing the overall quality of life for residents. In summary, the National Multifamily Housing Council Inc is a dynamic organization that empowers multi-family rental organizations through advocacy, research, and thought leadership, ultimately improving the living experiences of millions of apartment residents.

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Impact




October, 2024

The National Multifamily Housing Council Inc plays a crucial role in advocating for multifamily rental organizations and shaping the apartment industry. By providing leadership on legislative and regulatory matters, it ensures that the voices of apartment developers, owners, and managers are heard in policy discussions affecting the housing landscape.

Through research advancements, NMHC fosters a deeper understanding of multifamily housing trends and challenges, enabling stakeholders to make informed decisions. The organization also produces best practice resources that guide members in implementing effective strategies and enhancing their operations. Additionally, NMHC promotes the desirability of apartment living, highlighting the benefits of multifamily housing to broader communities, which supports community improvement and economic development.

Overall, NMHC's influence is vital in creating a favorable environment for the growth and sustainability of the multifamily housing sector, helping to enhance the quality of living for residents and the overall vibrancy of communities.




This information is meant to be a general summary of National Multifamily Housing Council 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
$20,394,489 (2022)
Expenses
$19,866,464 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $417,280
  • Program Service Revenue: $19,967,209
  • Gross Receipts: $21,092,547

Assets and Liabilities:

  • Total Assets: $16,383,035
  • Total Liabilities: $41,495
  • Net Assets: $16,341,540

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Programs

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

MEMBER DUES

Revenue

$11,021,400

MEETING REVENUE

Revenue

$7,851,073

JOINT AGREEMENT

Revenue

$902,500

SEMINAR REVENUE

Revenue

$192,236

Organization Details

Founding Year

1978

Principal Officer

Doug Bibby

Main Address

1775 EYE STREET NW 1100, WASHINGTON, DC, 20006

NTEE Category

Code: S41 - Community improvement

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