National Investment Center for Seniors Housing & CARE
National Investment Center for Seniors Housing & CARE reported $13.3 million in revenue and $17.0 million in expenses for calendar year 2024. Of every $100 it spent, $86.58 went to program services, $13.42 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 111.5% of the total. The highest compensation it reported for one person was $688,335 (PRESIDENT & CEO). 19 people received more than $100,000 in reportable compensation. Revenue fell 33% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13MOther revenue was negative: −$2.1M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.6% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.4% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 111.5% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $688,335 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.05% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 19 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 20 of 20 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseConferences and educational events are held to exchange information related to the organization's exempt purpose. The conferences and educational events advance nic's charitable and educational mission to promote availability and quality of housing and care for america's elders by providing a forum for the exchange of data and analytics which compress the cost of capital for seniors housing and care organizations, promote education on the critical role of operations and operators in the quality and success of seniors housing and care, and provide a forum for the development of leaders in…
Revenue received from support of research projects, research studies, and sponsorships of research publications. Nic's research advances nic's charitable and educational mission by increasing transparency, enabling access and choice for america's elders, encouraging leadership development, and fostering innovation in seniors housing and care
Nic academy is the only professional certification program dedicated to senior housing and care. Because of nic's resources, curriculum, faculty and teaching method, students are able to immediately put their learning to use and start making an impact in their organization
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 60.00 hrs/week | $643,239 | $0 | $45,096 | $688,335 |
| FOUNDER & ADVISOR Officer, 30.00 hrs/week | $515,390 | $0 | $49,479 | $564,869 |
| CHIEF OPERATING OFFICER UNTIL 04/24 Highest compensated employee, 50.00 hrs/week | $373,357 | $0 | $7,937 | $381,294 |
| HEAD OF RESEARCH & ANALYTICS Highest compensated employee, 40.00 hrs/week | $322,775 | $0 | $28,087 | $350,862 |
| SENIOR PRINCIPAL Highest compensated employee, 40.00 hrs/week | $194,395 | $0 | $43,895 | $238,290 |
| SENIOR PRINCIPAL Highest compensated employee, 40.00 hrs/week | $182,665 | $0 | $42,722 | $225,387 |
| SR DIRECTOR, FINANCE & ADMIN Officer, 50.00 hrs/week | $185,378 | $0 | $34,201 | $219,579 |
| DIRECTOR FINANCE & ADMINISTRATION Officer, 50.00 hrs/week | $181,288 | $0 | $21,422 | $202,710 |
19 people received more than $100,000 in reportable compensation from National Investment Center for Seniors Housing & CARE (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 538
- Volunteers Part I, line 621
Correct a figure or respond
Every number above is copied from National Investment Center for Seniors Housing & CARE's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Investment Center for Seniors Housing & CARE, you can publish a response that is linked from this page.
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Of every $100 National Investment Center for Seniors Housing & CARE spent in 2024, $86.58 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of National Investment Center for Seniors Housing & CARE's spending goes to programs?
In calendar year 2024, National Investment Center for Seniors Housing & CARE reported that 86.6% of its $17.0 million in expenses went to program services, 13.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does National Investment Center for Seniors Housing & CARE pay its top executive?
The largest total compensation National Investment Center for Seniors Housing & CARE reported for one person in calendar year 2024 was $688,335, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Investment Center for Seniors Housing & CARE get its money?
Of $13.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 111.5% from program service revenue (Form 990, Part VIII).
Is National Investment Center for Seniors Housing & CARE a registered charity?
The IRS lists EIN 52-1802714 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533179349303708 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349310247 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202430649349301048 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223189349306507 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102659349300800 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043169349300234 · read the filing
All filings for EIN 52-1802714: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.