EIN 36-1520690

National Association of Realtors

IRS 501(c) type
501(c)(6)
Num. employees
379
Year formed
1908
Most recent tax filings
2022-12-01
Description
The National Association of Realtors facilitates professional development and exchange of information among members and the public to preserve real property rights. It promotes high standards of conduct in real estate transactions, adhering to a strict code of ethics. NAR delivers powerful messages to the public through its consumer advertising campaign. NAR provides a broad-based perspective on the value of real property ownership and supports public policy issues that enhance housing affordability and availability for people.
Total revenues
$328,361,670
2022
Total expenses
$305,667,628
2022
Total assets
$1,010,547,856
2022
Num. employees
379
2022

Program areas at National Association of Realtors

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 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.
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 conducted National meetings where members came to participate in the governance of the Association and learn about real estate best practices, trends and new decision-making tools and strategies. Nar conferences are packed with top-notch education for real estate professionals, as well as opportunities to network for referrals with agents from across the country. Each year nar holds a midyear meeting and a National conference.
Nar provides professional education programs designed to keep members on top of an evolving market and to enhance leadership skills. Nar holds several online educational sessions and webinars throughout the year to help members enhance their businesses and grow their client bases.

Grants made by National Association of Realtors

GranteeGrant descriptionAmount
Angelenos Against Higher Property Taxes - No on ULA and SPGeneral Support$500,000
Illinois Realtors (IAR)General Support$413,984
Smart Coast CaliforniaGeneral Support$360,139
...and 199 more grants made totalling $8,234,289

Who funds National Association of Realtors

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Casper Board of RealtorsReimburse for Fees Collected$51,134
Center for Realtor Development (REBAC)Corporate Ally Program - Issues Advocacy Campaigns$50,000
Minnesota Association of RealtorsSupport for Federal, State, & Local Advocacy Campaings in Favor of the Real Estate Industry$20,000
...and 7 more grants received

Personnel at National Association of Realtors

NameTitleCompensation
John PierpointChief Financial Officer$728,319
Pete KopfVice President of Advocacy$1,086
Tracy KasperPresident$181,362

Financials for National Association of Realtors

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$315,668,398
Investment income and dividends$8,336,333
Tax-exempt bond proceeds$0
Royalty revenue$4,533,777
Net rental income$-1,240,352
Net gain from sale of non-inventory assets$-85,139
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,148,653
Total revenues$328,361,670

Form 990s for National Association of Realtors

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-31990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 35 new personnel
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 26, 2023
Received grants
Identified 6 new grant, including a grant for $260,000 from North Carolina Association of Realtors
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsReal estate organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsPolitical advocacyOperates internationallyEndowed supportCommunity engagement / volunteering
General information
Address
430 N Michigan Ave
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
nar.realtor/ 
Phone
(312) 329-8200
Facebook page
realtors 
Twitter profile
@realtors 
IRS details
EIN
36-1520690
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1908
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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