Overview
What is National Investment Center For Seniors Housing & Care Inc?
The National Investment Center for Seniors Housing & Care Inc, based in Annapolis, Maryland, is a nonprofit organization dedicated to facilitating access and choice for America's seniors in their housing and care. They achieve this through the provision of data, analytics, and connections that bring together investors and providers in the sector. Their efforts include organizing conferences and educational events to exchange valuable information related to seniors housing and care, ultimately reducing the cost of capital for organizations and promoting the significance of operations and operators in ensuring quality and success. With a team of 35 employees, the National Investment Center for Seniors Housing & Care Inc serves as a vital platform for fostering collaboration and innovation within the seniors housing and care industry.
Official website here: www.nic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The National Investment Center For Seniors Housing & Care Inc received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. With an overall score of 81%, the organization demonstrates a strong commitment to maintaining transparency and responsible financial practices, which is crucial for building donor trust and effectively carrying out its mission.
Strengths include a highly independent board, with 90% of its members being independent, and a strong score in program expense ratio, allocating 85.37% of its budget to programs. The organization also scores well on various governance policies, including having a conflict of interest policy, whistleblower policy, and a document retention policy, all of which contribute to its accountability.
While the overall rating is commendable, the score is based solely on financial accountability, reflecting a lack of assessment in other areas such as impact or program effectiveness. This focus may limit a comprehensive view of the organization’s effectiveness in achieving its mission within the seniors housing and care sector.
This AI summary has been generated from information found on Charity Navigator.
Is National Investment Center For Seniors Housing & Care Inc legitimate?
National Investment Center For Seniors Housing & Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Investment Center For Seniors Housing & Care 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: $2,052,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,117,137
For more financial information, click here
Official website here: www.nic.org
What is the mission statement of National Investment Center For Seniors Housing & Care Inc?
The National Investment Center for Seniors Housing & Care Inc aims to facilitate the access and choice of seniors in their housing and care by acting as a bridge between investors and providers in the sector. Their mission is to enable this connection through the provision of essential data, analytics, and networking opportunities. The organization conducts conferences and educational events to disseminate relevant information, promote the significance of operations and operators in the success of seniors housing and care, and foster the growth of industry leaders. These activities align with the Center's objective to promote the availability and quality of housing and care options for America's elderly population.
Official website here: www.nic.org
Who is the CEO of National Investment Center For Seniors Housing & Care Inc?
Brian Jurukta is the CEO of National Investment Center For Seniors Housing & Care Inc The CEO's salary of National Investment Center For Seniors Housing & Care Inc is $303,578 and their total compensation is $303,578.
Official website here: www.nic.org
What is the revenue of National Investment Center For Seniors Housing & Care Inc?
National Investment Center For Seniors Housing & Care Inc's revenue in 2023 was $13,482,789.
Official website here: www.nic.org
Who are the executives of National Investment Center For Seniors Housing & Care Inc and what are their salaries?
The average compensation at National Investment Center For Seniors Housing & Care Inc during 2023 was $139,723. There are 37 employees and 120 volunteers at National Investment Center For Seniors Housing & Care Inc.
Here are 36 key members and their salaries (National Investment Center For Seniors Housing & Care Inc's CEO's salary is $303,578 and their total compensation is $303,578):
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- Compensation: $439,413
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- Other: $38,723
- Compensation: $441,879
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- Other: $31,841
- Compensation: $340,817
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- Compensation: $236,067
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- Compensation: $320,955
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- Compensation: $208,292
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- Compensation: $180,634
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- Compensation: $159,197
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- Compensation: $143,591
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- Other: $35,434
- Compensation: $303,578
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- Other: $0
Official website here: www.nic.org
Where can I find the form 990 for National Investment Center For Seniors Housing & Care Inc?
National Investment Center For Seniors Housing & Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nic.org
Learn more at the official website: www.nic.org
Mission Statement of National Investment Center For Seniors Housing & Care Inc
The National Investment Center for Seniors Housing & Care Inc is a mission-driven organization that strives to enable the access and choice of America's seniors in their housing and care. By providing data, analytics, and connections, the Center brings together investors and providers in the seniors housing and care sector.
In pursuit of this objective, the National Investment Center for Seniors Housing & Care Inc organizes conferences and educational events. These forums serve to exchange valuable information related to the organization's charitable and educational mission. The exchange of data and analytics at these events helps to compress the cost of capital for seniors housing and care organizations. It also promotes education on the critical role of operations and operators in the quality and success of seniors housing and care. Furthermore, the conferences and educational events provide a platform for the development of future leaders in the seniors housing and care sector.
The National Investment Center for Seniors Housing & Care Inc is dedicated to advancing the availability and quality of housing and care for America's elders through these initiatives. By fostering collaboration between investors and providers, the organization is able to make a significant impact on the lives of seniors across the country. The National Investment Center for Seniors Housing & Care Inc thus plays a crucial role in ensuring that seniors have access to the housing and care they need to live their best lives.
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Impact
October, 2024
The National Investment Center for Seniors Housing & Care Inc. significantly impacts the housing and care landscape for America's seniors by enhancing access and choice through the provision of crucial data and analytics. By facilitating connections between investors and providers, the organization plays a pivotal role in improving the availability and quality of senior housing and care.
Through hosting conferences and educational events, NIC promotes the exchange of information and best practices among industry stakeholders. These gatherings serve as valuable platforms for discussing the operational challenges and success factors in senior housing and care, ultimately compressing the cost of capital for organizations in this sector. This focus on education and leadership development strengthens the overall framework for senior care, ensuring that providers are well-equipped to meet the evolving needs of elder populations.
By creating an environment where data-driven insights and networking opportunities flourish, the National Investment Center empowers both investors and providers, fostering a more robust and responsive ecosystem for senior housing and care services across the nation.
This information is meant to be a general summary of National Investment Center For Seniors Housing & Care 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $531,579
- Program Service Revenue: $14,717,320
- Gross Receipts: $13,482,789
Assets and Liabilities:
- Total Assets: $48,917,133
- Total Liabilities: $8,118,774
- Net Assets: $40,798,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE AND EVENTS
Revenue
$11,091,953
SPONSORSHIP
Revenue
$3,387,725
ACADEMY INCOME
Revenue
$193,507
RESEARCH INCOME
Revenue
$44,135
Organization Details
Founding Year
1992
Principal Officer
Ray Braun
Website
www.nic.orgNTEE Category
Code: P81Z - Human services
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