EIN 36-1520690

National Association of Realtors

IRS 501(c) type
501(c)(6)
Num. employees
396
Year formed
1908
Most recent tax filings
2023-12-01
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
$358,247,347
2023
Total expenses
$318,926,784
2023
Total assets
$1,058,260,583
2023
Num. employees
396
2023

Program areas at National Association of Realtors

Working for prospective 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 ATTAIN 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. Leveraging the voice of our members, NAR's Consumer Advertising Campaign is designed to promote awareness of the REALTOR brand nationally and the value of a REALTOR to a consumer audience through a variety of strategic external marketing initiatives and channels.
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
Texas Association of RealtorsGeneral Support$815,000
Illinois Realtors (IAR)General Support$548,235
Washington Association of RealtorsGeneral Support$481,854
...and 237 more grants made totalling $10,072,387

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 5 more grants received

Personnel at National Association of Realtors

NameTitleCompensation
Nykia WrightInterim Chief Executive Officer
John PierpointChief Financial Officer$728,319
Lawrence YunChief Economist$761,252
Nate K. JohnsonVice President of Advocacy$0
Bob GoldbergPast Chief Executive Officer / Senior Vice President Marketing and Business Development$2,591,724
...and 5 more key personnel

Financials for National Association of Realtors

RevenuesFYE 12/2023
Total grants, contributions, etc.$69,892
Program services$339,435,578
Investment income and dividends$15,778,726
Tax-exempt bond proceeds$0
Royalty revenue$5,147,838
Net rental income$-2,122,966
Net gain from sale of non-inventory assets$-1,250,174
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,188,453
Total revenues$358,247,347

Form 990s for National Association of Realtors

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s
Data update history
April 23, 2024
Updated personnel
Identified 4 new personnel
December 28, 2023
Received grants
Identified 2 new grant, including a grant for $20,000 from Minnesota Association of Realtors
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
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsReal estate organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsPolitical advocacyOperates internationallyEndowed supportCommunity engagement / volunteeringRelated 527
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
2975829
AB 488 data last updated ("as-of") date
2024-12-31
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