National Association Of Realtors

Organization Overview

National Association Of Realtors is located in Chicago, IL. The organization was established in 1934. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Association Of Realtors employed 356 individuals. This organization is the central organization for a national or regional group of organizations. National Association Of Realtors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, National Association Of Realtors generated $327.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $247.6m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, National Association Of Realtors has awarded 139 individual grants totaling $33,901,679. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL ASSOCIATION OF REALTORS PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT & EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND THE PUBLIC IN ORDER TO PRESERVE, PROTECT AND ADVANCE THE RIGHT TO REAL PROPERTY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKING FOR PERSPECTIVE HOME BUYERS AND SELLERS AND PRIVATE PROPERTY OWNERS ACROSS AMERICA, THE NATIONAL ASSOCIATION OF REALTORS PROVIDES A FACILITY FOR PROFESSIONAL DEVELOPMENT, RESEARCH AND EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND TO THE PUBLIC AND GOVERNMENT FOR THE PURPOSE OF PRESERVING THE FREE ENTERPRISE SYSTEM AND THE RIGHT TO OWN REAL PROPERTY.


NAR PROMOTES HIGH STANDARDS OF CONDUCT IN THE TRANSACTION OF REAL ESTATE BUSINESS AND HELPS TO ENSURE THAT THE PUBLIC RECOGNIZES THAT REALTORS ADHERE TO A STRICT CODE OF ETHICS. NAR'S CONSUMER ADVERTISING CAMPAIGN DELIVERS POWERFUL MESSAGES TO NATIONAL AUDIENCES THROUGH COMPREHENSIVE MEDIA PROMOTIONS ENDORSING THE BENEFITS OF USING A REALTOR AND COUNTERING NEGATIVE HOUSING MARKET MESSAGES. THE FOCUS OF THE PROGRAM IS TO HELP STATE AND LOCAL REALTOR ASSOCIATIONS TELL BUYERS AND SELLERS ABOUT THE OPPORTUNITIES IN A CHALLENGING HOUSING MARKET. THE PROGRAM IS DESIGNED TO HELP REALTORS GENERATE AUTHENTIC OPTIMISM WITH CONSUMERS.


NAR PROVIDES A BROAD-BASED PERSPECTIVE ON THE VALUE OF REAL PROPERTY OWNERSHIP AND THE IMPACT ON FAMILIES, COMMUNITIES AND SOCIETY. ACCORDINGLY, NAR CONTINUES TO SUPPORT PUBLIC POLICY ISSUES THAT ENHANCE HOUSING AFFORDABILITY AND THE AVAILABILITY FOR PEOPLE OF ALL BACKGROUNDS AND INCOME LEVELS TO OBTAIN HOME OWNERSHIP. THE ASSOCIATION'S WEBSITES, HOMEOWNERSHIPMATTERS.REALTOR AND HOUSELOGIC.COM, ARE COMPANION WEBSITES FOR CONSUMERS, WHICH FEATURE INFORMATION ABOUT THE VALUE OF PROPERTY OWNERSHIP, ALLOW CONSUMERS TO DO THEIR OWN RESEARCH, AND HELP BUYERS AND SELLERS FIND REALTORS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
State Allocated Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Projection Presentation Technology
Video Production & Services
$4,525,147
Schiff Hardin
Legal Counsel
$2,599,357
Cobalt Media Group
Marketing Consultants
$2,517,828
Lone Wolf Technologies
Technology Services
$8,175,420
Havas Media Group
Marketing & Communications
$46,048,778
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$312,506,278
Investment income $4,653,008
Tax Exempt Bond Proceeds $0
Royalties $4,604,359
Net Rental Income -$239,747
Net Gain/Loss on Asset Sales $4,562,006
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $327,342,361

Grants Awarded

Over the last fiscal year, National Association Of Realtors has awarded $12,535,746 in support to 40 organizations.

Grant RecipientAmount

AMERICAN PROPERTY OWNERA ALLIANCE

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$4,612,000

FLORIDIANS FOR HOUSING

PURPOSE: GENERAL SUPPORT

$3,000,000

SENSIBLE HOUSING BALLOT

PURPOSE: GENERAL SUPPORT

$750,000

Annapolis, MD

PURPOSE: GENERAL SUPPORT

$599,958

Salem, OR

PURPOSE: GENERAL SUPPORT

$550,000

Englewood, CO

PURPOSE: GENERAL SUPPORT

$355,734
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that National Association Of Realtors has recieved totaling $329,000.

Awarding OrganizationAmount
North Carolina Association Of Realtors Inc

Greensboro, NC

PURPOSE: CONTRIBUTION

$260,000
Center For Specialized Realtor Education Inc

Chicago, IL

PURPOSE: CORPORATE ALLY PROGRAM - ISSUES ADVOCACY CAMPAIGNS

$50,000
Second Century Foundation

Chicago, IL

PURPOSE: 2021 iOi Summit Registration

$19,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$164,211,090
Net Contributions$69,873,017
Ending Balance$234,084,107

Create an account to unlock the data you need.

or