National Association Of Real Estate Investment Managers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,059,946 | 985,303 | 74,643 | 5.1 | 35% |
| 2012 | 1,007,815 | 1,152,219 | −144,404 | 2.9 | 1% |
| 2013 | 1,125,029 | 1,302,672 | −177,643 | 0.8 | 36% |
| 2014 | 1,272,040 | 1,471,777 | −199,737 | -2.2 | 36% |
| 2015 | 1,341,240 | 1,300,685 | 40,555 | -2.1 | 44% |
| 2016 | 1,655,598 | 1,473,043 | 182,555 | -0.3 | 41% |
| 2017 | 1,463,952 | 1,364,508 | 99,444 | 0.5 | 44% |
| 2018 | 1,498,127 | 1,515,322 | −17,195 | 0.3 | 27% |
| 2019 | 1,504,985 | 1,215,548 | 289,437 | 3.3 | 44% |
| 2020 | 1,184,641 | 1,228,586 | −43,945 | 2.8 | 50% |
| 2021 | 1,194,908 | 1,012,827 | 182,081 | 5.5 | 56% |
| 2022 | 1,476,866 | 1,331,895 | 144,971 | 5.5 | 49% |
| 2023 | 1,575,827 | 1,685,480 | −109,653 | 3.6 | 49% |
In its most recent public year (2023), this organization spent $109,653 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 5.1 in 2011. Staff pay was 49% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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