Overview
What is National Association Of Real Estate Investment Trusts (Nareit)?
The National Association of Real Estate Investment Trusts (Nareit) is a Washington, D.C.-based trade association dedicated to advocating for the interests of REITs and related businesses in the United States. With a mission to further the needs of its members, which comprise REITs and other organizations that own, operate, and finance income-producing real estate, Nareit plays a crucial role in keeping both its members and the public informed about the legislative landscape affecting REITs and the broader real estate industry. Their activities encompass government relations and education, aiming to create a favorable environment for their members. Nareit's team includes approximately 60 employees working together to advance the real estate investment trust sector.
Official website here: www.reit.com
Is National Association Of Real Estate Investment Trusts (Nareit) legitimate?
National Association Of Real Estate Investment Trusts (Nareit) is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Real Estate Investment Trusts (Nareit) 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $6,299,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,651,422
For more financial information, click here
Official website here: www.reit.com
What is the mission statement of National Association Of Real Estate Investment Trusts (Nareit)?
The National Association of Real Estate Investment Trusts (NAREIT) serves as the trade association for Real Estate Investment Trusts (REITs) and publicly traded real estate companies in the US. Its primary objective is to advance the interests of its members, which consist of REITs and other businesses involved in the ownership, operation, and financing of income-producing real estate. NAREIT plays a critical role in government relations, ensuring that members and the public stay informed about the legislative landscape surrounding REITs and the real estate sector as a whole.
Official website here: www.reit.com
Who is the CEO of National Association Of Real Estate Investment Trusts (Nareit)?
Steven Wechsler is the President & Ceo of National Association Of Real Estate Investment Trusts (Nareit). The CEO's salary of National Association Of Real Estate Investment Trusts (Nareit) is $2,586,281 and their total compensation is $2,646,980.
Official website here: www.reit.com
What is the revenue of National Association Of Real Estate Investment Trusts (Nareit)?
National Association Of Real Estate Investment Trusts (Nareit)'s revenue in 2022 was $33,272,382.
Official website here: www.reit.com
Who are the executives of National Association Of Real Estate Investment Trusts (Nareit) and what are their salaries?
The average compensation at National Association Of Real Estate Investment Trusts (Nareit) during 2022 was $249,181. There are 60 employees at National Association Of Real Estate Investment Trusts (Nareit).
Here are 47 key members and their salaries (National Association Of Real Estate Investment Trusts (Nareit)'s CEO's salary is $2,586,281 and their total compensation is $2,646,980):
- Steven Wechsler (President & Ceo)
- Tony Edwards (Senior Executive Vice President)
- Catherine Barre (Evp & General Counsel)
- John Worth (Evp, Research & Investor Outreach)
- Robert Dibblee (Svp, Government Relations)
- Christopher Drula (Svp, Financial Standards)
- Kurt Walten (Svp, Investment Affairs)
- Victoria Rostow (Svp, Reg. Affairs & Deputy Gc)
- George Yungmann (Svp, Financial Standards)
- Matthew Bechard (Evp, Comms. & Industry Affairs)
- Roberto Diaz (Evp, Finance & Fiscal Management)
- Victor Dristas (Evp, Operations)
- Sheldon Groner (Evp, Finance & Ops (Thru 4/1/22))
- Marguerite M Nader (Chair) [Trustee/Director]
- James B Connor (First Vice Chair) [Trustee/Director]
- Lisa Palmer (Second Vice Chair) [Trustee/Director]
- W Matthew Kelly (Treasurer) [Trustee/Director]
- Peter E Baccile (Executive Board Member) [Trustee/Director]
- Thomas A Bartlett (Executive Board Member) [Trustee/Director]
- Tamara D Fischer (Executive Board Member) [Trustee/Director]
- Conor C Flynn (Executive Board Member) [Trustee/Director]
- Leslie D Hale (Executive Board Member) [Trustee/Director]
- Thomas M Herzog (Executive Board Member) [Trustee/Director]
- Mark J Parrell (Executive Board Member) [Trustee/Director]
- James F Risoleo (Executive Board Member) [Trustee/Director]
- Sumit Roy (Executive Board Member) [Trustee/Director]
- Michael J Schall (Executive Board Member) [Trustee/Director]
- A William Stein (Executive Board Member) [Trustee/Director]
- James M Taylor Jr (Executive Board Member) [Trustee/Director]
- Owen D Thomas (Executive Board Member) [Trustee/Director]
- Lisa Palmer (Chair) [Trustee/Director]
- W Matthew Kelly (First Vice Chair) [Trustee/Director]
- Conor C Flynn (Second Vice Chair) [Trustee/Director]
- Sumit Roy (Treasurer) [Trustee/Director]
- Peter E Baccile (Executive Board Member) [Trustee/Director]
- Thomas A Bartlett (Executive Board Member) [Trustee/Director]
- Tamara D Fischer (Executive Board Member) [Trustee/Director]
- Leslie D Hale (Executive Board Member) [Trustee/Director]
- Marguerite M Nader (Executive Board Member) [Trustee/Director]
- Mark J Parrell (Executive Board Member) [Trustee/Director]
- Edward B Pitoniak (Executive Board Member) [Trustee/Director]
- James F Risoleo (Executive Board Member) [Trustee/Director]
- Joseph D Russell Jr (Executive Board Member) [Trustee/Director]
- Benjamin W Schall (Executive Board Member) [Trustee/Director]
- Michael J Schall (Executive Board Member) [Trustee/Director]
- James M Taylor Jr (Executive Board Member) [Trustee/Director]
- Owen D Thomas (Executive Board Member) [Trustee/Director]
Official website here: www.reit.com
Where can I find the form 990 for National Association Of Real Estate Investment Trusts (Nareit)?
The National Association Of Real Estate Investment Trusts (Nareit)’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.reit.com
Learn more at the official website: www.reit.com
Mission Statement of National Association Of Real Estate Investment Trusts (Nareit)
The National Association of Real Estate Investment Trusts (NAREIT) is a prominent trade organization dedicated to advancing the interests of REITs and other businesses involved in the ownership, operation, and financing of income-producing real estate in the United States. NAREIT's primary mission lies in supporting its members, which include REITs and various other real estate enterprises, by fostering a favorable legislative environment for the real estate industry as a whole.
NAREIT plays a pivotal role in government relations, ensuring that its members and the public remain informed about the legislative landscape surrounding REITs and the real estate sector at large. By doing so, the association facilitates a robust and thriving industry where its members can effectively contribute and succeed. The organization's commitment to its mission is instrumental in promoting the growth and development of income-producing real estate and, as a result, the economy at large.
Impact
This information is meant to be a general summary of National Association Of Real Estate Investment Trusts (Nareit). Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The National Association of Real Estate Investment Trusts (Nareit) plays a significant role in advocating for the interests of REITs and other businesses involved in income-producing real estate. Through its government relations efforts, Nareit ensures that its members are well-informed about the legislative environment impacting the real estate industry. By representing the sector in Washington, DC, Nareit helps shape policies that can benefit its members and contribute to the overall health of the real estate market. Nareit's work is essential in fostering a favorable business climate for REITs and promoting the growth and sustainability of income-producing real estate investments.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$18,536,162
CONFERENCES
Revenue
$5,889,346
PUBLICATIONS
Revenue
$269,806
PUBLICATIONS
Revenue
$103,762
Organization Details
Founding Year
2010
Phone
(202) 739-9400
Principal Officer
Steven Wechsler
Main Address
1875 I STREET NW 500, WASHINGTON, DC, 200065413
Website
www.reit.com
NTEE Category
Code: S41 - Community improvement
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