National Investment Center For Seniors Housing & Care Inc
87% goes to programs Strong reserves Declining revenue
National Investment Center For Seniors Housing & Care Inc is a 501(c)(3) organization based in Annapolis, Maryland, registered in 1994, with $13,287,197 in FY2024 revenue. CharityIndex grades it C+, and it directs about 87% of spending to programs.
1 Park Pl Ste 450, Annapolis, MD, 21401 EIN 52-1802714 Since 1994
Revenue (FY2024)
$13.3M
▼ 1.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$17.0M
Net assets
$31.9M
Employees
38
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating87% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For National Investment Center For Seniors Housing & Care Inc: 87% to programs earns a A on this criterion. See the exact thresholds →
DFinancial health25% of the rating23 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Investment Center For Seniors Housing & Care Inc: 23 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Investment Center For Seniors Housing & Care Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Investment Center For Seniors Housing & Care Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To enable the access and choice of america's seniors in their housing and care by providing data, analytics and connections that bring together investors and providers in the sector.
What they do
Revenue received from support of research projects, research studies, and sponsorships of research publications. nic's research advances nic's charitable and educational mission by increasing transparency, enabling access and choice for america's elders, encouraging leadership development, and fostering innovation in seniors housing and care.
Nic academy is the only professional certification program dedicated to senior housing and care. because of nic's resources, curriculum, faculty and teaching method, students are able to immediately put their learning to use and start making an impact in their organization.
Contact & location
- Address
- 1 Park Pl Ste 450, Annapolis, MD, 21401
- City
- Annapolis
- State
- Maryland
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $10.1M (FY2013) to $13.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.0MNet assets $31.9M
Operating margin
-27.8%
Spent more than it raised in the latest fiscal year.
Total assets
$38.9M
Total liabilities
$7.0M
Net assets
$31.9M
Salaries & benefits
$6.4M
38% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,287,197▼1.5% | $16,979,646▼11.3% | $31,919,081▼8.8% | $38,924,124▼9.8% | 990 |
| 2023 | $13,482,789▼63.0% | $19,132,705▼23.4% | $34,995,456▼11.9% | $43,138,888▼9.8% | 990 |
| 2022 | $36,473,057▲88.4% | $24,988,614▼2.3% | $39,701,993▼11.0% | $47,820,767▼14.1% | 990 |
| 2021 | $19,355,581▲55.0% | $25,575,097▲72.3% | $44,603,038▲1400% | $55,654,799▲502% | 990 |
| 2020 | $12,485,750▼37.0% | $14,841,474▼29.2% | $2,972,576▼44.2% | $9,247,906▼32.1% | 990 |
| 2019 | $19,833,513▲7.3% | $20,950,961▲15.9% | $5,328,300▼16.9% | $13,626,818▲0.6% | 990 |
| 2018 | $18,476,298▲12.2% | $18,079,616▲4.4% | $6,410,429▲6.6% | $13,543,105▲4.2% | 990 |
| 2017 | $16,460,016▲12.7% | $17,317,293▲27.3% | $6,013,747▼12.4% | $13,000,164▲10.0% | 990 |
| 2016 | $14,603,108▲25.8% | $13,601,540▲23.0% | $6,867,866▲27.4% | $11,816,304▲40.0% | 990 |
| 2014 | $11,610,963▲15.1% | $11,057,189▲22.4% | $5,389,705▲11.4% | $8,438,613▲10.3% | 990 |
| 2013 | $10,090,208 | $9,036,572▲16.5% | $4,837,580▲27.9% | $7,651,999▲24.5% | 990 |
| 2012 | — | $7,755,952▲11.5% | $3,781,382▲35.2% | $6,145,797▲42.4% | 990 |
| 2011 | — | $6,956,187▲15.7% | $2,797,108▲6.3% | $4,316,537▲8.8% | 990 |
| 2010 | — | $6,014,705 | $2,631,949 | $3,968,755 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Raymound Braun — $643,239 (3.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Raymound Braun | President & Ceo | 60 | $643,239 |
| Robert Kramer | Founder & Advisor | 30 | $515,390 |
| Charles Harry | Chief Operating Officer Until 04/24 | 50 | $373,357 |
| Lisa Mccracken | Head of Research & Analytics | 40 | $322,775 |
| Caroline Clapp | Senior Principal | 40 | $194,395 |
| Priscilla Hammet | Sr Director, Finance & Admin | 50 | $185,378 |
| Bill Kauffman | Senior Principal | 40 | $182,665 |
| Alia Iqbal | Director Finance & Administration | 50 | $181,288 |
| Jamie Gray | Director Volunteer Engagement | 40 | $154,367 |
| Allison O'connor | Board Member As of 06/24 | 0.4 | — |
| Aron Will | Assistant Treasurer | 0.4 | — |
| Bre Grubbs | Assistant Secretary | 0.4 | — |
| Chip Gabriel | Board Member | 0.4 | — |
| Cindy Baier | Board Member | 0.4 | — |
| Fee Stubblefield | Vice Chair | 0.4 | — |
| Imran Javaid | Board Treasurer | 2 | — |
| Jack Callison | Board Member | 0.4 | — |
| John Rijos | Board Secretary | 1 | — |
| Justin Hutchens | Board Member | 0.4 | — |
| Kai Hsiao | Board Member | 0.4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Centercircle Creative LLC | Professional Services - Design & Furnitu | $1,123,442 |
| Marriott Business Service & Washington D | Fall Conference Dc | $1,090,322 |
| Omni Dallas Hotel | Spring Conference | $939,498 |
| South Carolina Av | Audio Visual Spring & Fall Conferences | $626,743 |
| Norc At the University of Chicago | Research Studies | $500,500 |
Grants made · $98K in FY2024
5 grants totaling $98K in FY2024. All grants made by National Investment Center For Seniors Housing & Care Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| The Milken Institute | Research sponsorship | $50,000 |
| Washington State University Foundation | Senior living fund | $20,000 |
| Alzheimers Disease and Related Disorders Association Inc | 10th anniversay vision gala sponsor | $10,000 |
| Vision Centre Leadership Development For Aging Services | Endorsing org commitments | $10,000 |
| Real Estate Research Institute | Research sponsorship | $7,500 |
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Frequently asked questions
- Is National Investment Center For Seniors Housing & Care Inc a legitimate nonprofit?
- Yes. National Investment Center For Seniors Housing & Care Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1802714, based in Annapolis, Maryland. Donations are tax-deductible.
- What is National Investment Center For Seniors Housing & Care Inc's EIN?
- National Investment Center For Seniors Housing & Care Inc's Employer Identification Number (EIN) is 52-1802714.
- How much revenue does National Investment Center For Seniors Housing & Care Inc report?
- National Investment Center For Seniors Housing & Care Inc reported $13,287,197 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of National Investment Center For Seniors Housing & Care Inc's spending goes to programs?
- National Investment Center For Seniors Housing & Care Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does National Investment Center For Seniors Housing & Care Inc have?
- CharityIndex grades National Investment Center For Seniors Housing & Care Inc C+, based on program efficiency and fundraising cost.
- How much does National Investment Center For Seniors Housing & Care Inc's highest-paid employee make?
- The highest reported compensation on National Investment Center For Seniors Housing & Care Inc's latest Form 990 is $643,239, paid to Raymound Braun (President & Ceo).
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Data for National Investment Center For Seniors Housing & Care Inc (EIN 52-1802714) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.